Analysis by Julie Dautermann, Competitive Intelligence Analyst
This update helps automotive suppliers inform their legal and operational decisions to help address challenges and opportunities. Contact your Foley relationship partner, or Ann Marie Uetz , Vanessa L. Miller , or Nicholas J. Ellis , to follow up. Key Developments
Foley & Lardner LLP ‘s automotive thought leaders and the Society of Automotive Analysts (SAA ) are hosting a 2023 Automotive EV Outlook at the Detroit Athletic Club on March 21, 2023 at 4:00 p.m. Please RSVP to attend the discussion and reception focused on resiliency and other key issues in the electric vehicle supply chain.
Foley & Lardner announced the launch of its Auto Trends 2023 Series , which includes an ongoing discussion on topics including electric vehicles, cybersecurity developments, product liability, intellectual property, and more. Click HERE to subscribe to the series.
The average price for a new vehicle increased 30% since 2019 , and households with an annual income above $150,000 represent nearly 30% of new vehicle purchases, according to analysis from JPMorgan and AlixPartners excerpted in Bloomberg .
The Biden Administration released final standards for a national electric vehicle charging network intended to receive funding through the Bipartisan Infrastructure Law . The standards include the immediate requirement that the "final assembly and all manufacturing processes for any iron or steel charger enclosures or housing" occur in the U.S. In addition, at least 55% of the cost of all components must be […]
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