On August 16, President Biden signed the Inflation Reduction Act (IRA) of 2022 into law. The law will, among many things, allocate nearly $370 billion to climate and energy-focused investments and incentives. The IRA resulted from a hard-fought effort that created a...
Today’s automotive industry faces a historical shift from internal combustion engine (ICE) vehicles to battery electric vehicles (BEV). This shift is profound, dramatically altering the structure of the automotive value chain and the vehicle manufacturing process....
The U.S. automotive industry is in the midst of a critical period. U.S. light vehicle sales are plateauing at a very high level and include a rich mix of pickup trucks, SUVs, and CUVs that are producing record profits. Despite all the new truck, SUV, and CUV launches...
Major technological advances to both products and manufacturing processes are accelerating innovation throughout the automotive industry. To capture the scope of these technologies, CAR has developed a technology roadmap for the automotive sector to provide a broad...
