Articles by tag: car racing
NASCAR is in a race to rebrand as the company faces the financial impacts of rising costs to maintain their tracks and land ownership. It’s an inescapable fact that car racing is a real-estate heavy sport, and therefore the car racing industry is an expensive one to manage. Martinsville Speedway, the smallest NASCAR track, […]
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Competitive Landscape of the Electric Vehicle Market is Reliant on Pricing and Supply Chain Management
Global emphasis on sustainability is intensifying and both consumers and industries alike are looking toward electric vehicles as a viable alternative to traditional combustion engines. As a result, the electric vehicle (EV) market is now critical. However, the competitiveness of EVs hinges significantly on strategic pricing and effective supply chain management—especially concerning battery production, […]
Electric Vehicles are Fueling a Change in Battery Technology and the Energy Sector
This rapid growth and use of electric vehicles (EVs) is not just revolutionizing the automotive industry; it’s poised to transform how we store and use energy on a grand scale. As companies like Tesla demonstrate the viability of EVs through advanced battery technology, a significant technological spillover into grid-level energy storage is beginning to […]
Affordability of Electric Vehicles Also Hinges on Proper EV Charging Infrastructure
The electric vehicle (EV) revolution continues to gain momentum, and naturally the spotlight intensifies on the crucial issue of finding EV charging stations and the broader state of EV charging infrastructure. Against the backdrop of increasing EV adoption and growing concerns regarding range anxiety, the urgency to address these challenges is a pressing matter. […]
US OEMs Must Streamline Existing Systems and Apply Volume-Driven Strategies to Cut EV Manufacturing Costs
As the electric vehicle (EV) market continues to expand, US original equipment manufacturers (OEMs) face significant challenges in reducing manufacturing costs to remain competitive. With growing global competition, particularly from countries like China that benefit from massive subsidies and a fresh industrial slate, the urgency for US manufacturers to adapt has never been more […]