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Top related persons:
Jeremy Korst - 3 Elon Musk's Tesla - 2 Korst - 2 Tesla - 2 Mary Barra - 2 — - 2 Akio Toyoda - 1 Toyoda - 1
Top related locs:
North America Detroit
Top related orgs:
Toyota - 3 Business - 2 EV - 2 Elon - 2 Ford - 2 GM - 2 Service - 2 GBK - 2

Search resuls for: "Jeremy Korst"


3 mentions found


☆ The auto industry owes Toyota an apology on hybrids
  + stars: | 2024-02-28 | by ( Nora Naughton | ) www.businessinsider.com   time to read: +3 min
Toyota, the originator of the hybrid car craze in the early 2000s, is poised to reclaim its crown as the king of green cars. This, paired with the success of Tesla and overall investor enthusiasm for EV technology, left Toyota looking like a laggard. AdvertisementDespite years of criticism, it appears that Toyota might have had the right idea after all. Shoppers in the market for a hybrid are also much more likely to pony up more cash for these cars. Toyota has spent the last several years releasing more hybrids and plug-in hybrids, while refusing to give up on the nascent hydrogen fuel cell technology that many of its competitors have largely abandoned.
Persons: Elon Musk's Tesla, Jeremy Korst, Korst, Akio Toyoda, Toyoda, Tesla, Toyota's, Mary Barra Organizations: Toyota, Business, EV, Elon, Ford, EV technology, Cox Automotive, Cox, Shoppers, Companies, GM Locations: Detroit, North America
☆ GM's plan to bring back hybrids is a win for dealers and shoppers
  + stars: | 2024-01-30 | by ( Nora Naughton | ) www.businessinsider.com   time to read: +3 min
A new crop of electric car shoppers is showing interest for plug-in hybrids. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . This about-face for GM , which has loudly touted its commitment to an all-electric future, is a good sign for dealers and shoppers heading into this year. AdvertisementIt may also be the first domino to fall as demand for hybrid vehicles reaches new highs. More options are likely to ease some of this pricing pressure and open up the hybrid market to more shoppers.
Persons: —, Mary Barra, Barra, Ford, Jeremy Korst Organizations: Service, GM, Dealers, GBK, Toyota, Tesla Locations: North America
☆ Despite the bad press, half of America is still considering an EV or hybrid car — they just want them to be cheaper
  + stars: | 2024-01-25 | by ( Nora Naughton | ) www.businessinsider.com   time to read: +4 min
"These are not the same kind of customers who created the initial EV market," GBK President Jeremy Korst told Business Insider in an interview. A new wave of EV shoppers is hitting the market, and the industry appears to be unprepared to meet their needs. Among the group of EV considerers surveyed, Toyota was the most considered brand, with 47% showing a preference for the Japanese automaker compared to 41% favoring Elon Musk's Tesla. Plug-in hybrids ranked very high on EV considerer's preference lists in GBK's study. GBK's study found that EV considerers are willing to pay $7,650 more on average for an EV than a gas-powered car with similar features.
Persons: —, Jeremy Korst, they're, Korst, Tesla, Elon Musk's Tesla, GBK Organizations: Service, GBK, Business, EV, Toyota, EV considerers, Elon, Ford, considerers
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