The increase is due to the upgraded drivetrain, where the vehicles now charge faster and have an improved suspension design. 

For the midterm evaluation of greenhouse gas emissions standards for light-duty vehicles model years 2022-2025, Panneer emphasized the need for regulatory certainty for the automotive industry and its key suppliers, noting that, “aluminum companies need predictability and consistency in the regulatory conditions under which they operate.”

In the United States, the Department of Energy’s Pacific Northwest National Laboratory has developed a new extrusion process that will make it more viable for the automotive industry to include magnesium alloys as part of automotive components. The method eliminates the need for rare-earth elements and also enhances magnesium’s structural properties.

Jose Costa is stepping down as the group president for the Paint & Collision division of Driven Brands. Costa became group president in October 2015, when Driven Brands acquired CARSTAR. Prior to that, he had served as the president of Maaco.