Economic Development Corporation of Utah (EDCUtah)’s Post

📊 Workhorse Group Inc. Financial Insights 🚚💼 Dive into our latest analysis of Workhorse Group Inc. (WKHS), an innovator in the world of zero-emission commercial vehicles. While revenues are on the up, the road to profitability remains challenging, with stock prices reflecting the turbulent journey. Amidst fierce competition from behemoths like General Motors and Tesla, is it time to hold steady? Let's discuss! 💬 #Finance #Innovation #WorkhorseGroup #ZeroEmission #StockMarket #Tesla #GeneralMotors https://lnkd.in/dgGVjdAr

My Michigander blood runs true. I think there is a true future of the automobile industry in Michigan. I worked in Downtown Detroit, where you can feel the grit of hardworking Michiganders still in the air. Just as the Tire Spoke streets spread from its epicenter, this grit spread out throughout the entirety of the state. Hard-working people who deserve to be leading the automobile industry for GENERATIONS. My grandfather, Corbin, was a gearhead. He built multiple kit cars, fixed up every car he could get hits hands on, and even provided cars for as many grandkids as he could muster up. Hell... He even repaired the headlights when I rear-ended someone in that car 3 months after getting it. I loved being in the garage when he worked on cars. I test drove and may end up buying an EV in the coming days. You want to know power? Drive an EV. The very science of the technology is built around efficiency. I felt like I was just holding back the car from its desire to just go, but the thing could stop on a dime. Advancement of technology is not an insult to the technology that came before it. Fuel engines will forever be one of the greatest advancements of humankind. Add to the power, the raw functionality of being ABLE (not made) to have the car do the driving for me. I love to be able to safely look over at my beautiful wife and look back at my kids knowing that I can trust the technology that many GENIUS minds have shaped. Sure, there is continued growth and development to be done, but just the existence of this technology is an indicator of our ability to advance. With that said, if you want to know more information about my experience or opinion, feel free to reach out. :P

On December 5, LEADINGIDEAL Auto announced that the number of LEADINGIDEAL Supercharging Stations nationwide has exceeded 1,100, of which more than 600 are on highways. In November, the number of charging services provided by LEADINGIDEAL Auto exceeded 590,000 times, showing the rapid expansion of its charging network and the growth of user demand. #Battery #EV #LEADINGIDEAL #charging

EPISODE #6 is launched and be sure to "LIKE" and "SUBSCRIBE"! - The Future of the EV and How to Evolve Your Parts Business! Watch it HERE: https://lnkd.in/gCP2T3kC In Episode #6, we dive deep into the current state of EVs and whether market share is growing or declining. We are seeing a Q4 decline in EV sales in the California market, and will that trend continue? EV Global investment remains uncertain as the market continues to develop and Automakers adjust to account for current demand. How will the rise or fall of EVs impact the Automotive Parts industry, and what can you do today to get ahead of the ever-changing environment? - EV continues to remain uncertain within the market - How will EV impact the parts market  - What can you do to stay ahead and ensure success for decades to come - Electric Vehicle Vs Traditional Combustion Engine With any questions, reach out at info@autotrendsam.com or hit us on LinkedIn. #autoparts #automotive #ecommerce #aftermarket #autodealers #OEM #EV #electricvehicle #automanufacturing #distribution Gideon Williams Lucas Welk, SRMP-R®, SRMP-C®

🏎️ Speeding past the competition with help from simulation technology! 🏎️ 🔋Frankie Youd from Just Auto spoke to Kevin Ukoko-Rongione, Chief Engineer at McMurtry, and myself to learn more about battery simulation and discuss the upcoming goals of our technolology development. 🏁McMurtry is the Goodwood Hillclimb record holder, and we are supporting their adoption of the latest batteries in the market, the Molicel P50B. The last few months have been the start of an exciting collaboration, working on one of the best-engineered vehicles in the world. 🚀 Read the full article to learn more about furthering battery technology: https://lnkd.in/eKHvk5Ac

THIS 👇🏻is what #automotiveinnovation combined with #brandawareness looks like!!! Excellent feat achieved by the passionate team at #dodge . A couple of power packed management lessons for this morning: 👉🏻The best part? Rather than investing in a commercial brand ambassador, here you have Timothy Kuniskis the CEO of Dodge representing the brand. What can be more passionate than this? - The true essence of #brandadvocacy 👑 👉🏻This campaign is a holistic knowledge base, which starts by taking you back in time, talks about the evolution of the brand #daytona #dodgecharger, the cult, the #brotherhood and the key factors what make up a #musclecar - Defines the segment which they are in, and the legacy of the brand’s evolution. 💪🏼 👉🏻Most importantly…it talks about how Dodge has retained the core dna of the original muscle car, their brand values, patented elements like #scatpack #banshee etc inspite of shifting over to an advanced, state of art electric platform. 💡 👉🏻 “Compete… don’t Comply” is a superb mantra to start with. 🎯 It’s more than just a brand campaign. It’s a real world example of a superbly thought of and executed #blueoceanstrategy in the #ratrace of the EV world. 🌊 Enjoy watching this peice of art. 🍿 #evehicles #dodgecharger #daytona #automotiveinnovation #automotivemarketing #brandidentity #brandactivation #passionautomobile

Alan Taub ’76, leveraging his extensive automotive industry background and research expertise, hopes to transform Detroit into a center of electric vehicle innovation. Through the establishment of the University of Michigan Electric Vehicle Center, Taub and his team are addressing some of the most pressing challenges in the EV sector. Supported by a $130 million state grant, this initiative seeks to reshape Detroit's economic and environmental landscape and set a global precedent for transportation’s future. Discover more about the transition from Motor City to E-Motor City and its industry and planetary implications here: https://lnkd.in/ed9G2ff8

Let's talk about EV myths and misconceptions💡... In this latest #EV Carpool Conversation, our Head of Product and Innovation, Geoff Dawson, and Head of Marketing, Tim Cole, tackle some key questions around EV myths... Including: 🚗Why ‘range anxiety’ is more of a myth than a reality? 🔋Why the idea of needing to replace EV batteries every 5 years is also more of a myth than a reality? Listen below👇 And let us know in the comments the most ridiculous myth you've heard!

Preparation is key to tackling the world’s longest and most historic stock route, the #Canningstockroute. First opened in 1910, the 1,850 kilometre overland trail stretches from Halls Creek in the remote Kimberley region of #WesternAustralia to Wiluna in the mid-west region. Tackling such a monumental #offroad drive – regarded as one of the most challenging in the world – commands the right vehicle and gear. It is why Jens Goennemann sought out the best #Australianmanufactured equipment to fit-out his ‘king off-the-road’ Toyota Land Cruiser 76 Series. REDARC Electronics Pty Ltd is one of many highly respected #Australianmanufacturers underpinning the trip including Jmacx offroad solutions, GME, STEDI, Engel Australia Pty Ltd, Boss Aluminium. Torqit, Just Autos, Safari 4x4 Engineering PTY LTD, Kaymar 4WD Accessories, BushWrapz and many others. You can stay up to date with the journey via Jens' LinkedIn. Australian Made Campaign Limited Industry Update Media @AuManufacturing news and media Manufacturers' Monthly

What's ahead for the $𝟴𝟬𝟬𝗕 auto repair industry? 🛠 Our ears are to the ground, and our product & engineering team is hard at work building innovative solutions to meet the demands of tomorrow. What are they building? Well, we can't share that just yet. 🤫 But we can share some of the latest trends shaping their decisions! 😉 Check it out 👇 #CarRepair #AutoIndustry #AutoTech #InsurTech #FleetManagement