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Category Archives: connected vehicles
General Motors Buys Israeli Battery Software Startup
The move comes at a time of considerable turmoil and violence in Israel. There is also the pending UAW contract negotiations where non-union EV partnerships and joint ventures are large, contentious issues. Continue reading
Electrify America Expands Lyft Discounts
“Upfront costs and access to affordable charging continue to be two of the biggest challenges drivers face when transitioning to electric vehicles. By becoming the first rideshare company to team up with Electrify America, we’re further attacking those barriers head on.” Continue reading
Connected Car by Verizon for BMW Begins in US
Verizon Business has started Connected Car by Verizon an in-car connectivity service for some BMW models in the US. The subscription plan has voice, data, unlimited Wi-Fi hotspot connectivity for $20 per month. Continue reading
Honda Prologue EV Losing Vapor Ware Status
Long ago in April 2021, Honda global CEO, Toshihiro Mibe, announced a vision to achieve carbon-neutrality for its products and corporate activities by 2050, including key targets for sales of electrified vehicles. This vision called for the sales ratio of battery-electric and fuel cell electric vehicles in North America to increase from 40% by 2030 and 80% by 2035 to 100% by 2040. Continue reading
Annals of Electric Marketing – Cadillac Escalade IQ
Cadillac today released a teaser video of the all-new Escalade IQ ahead of its official reveal on 9 August 2023. As the brand’s first all-electric full-size SUV, Cadillac claims that Escalade IQ represents the reinvention of Cadillac’s most iconic nameplate.
Well, Escalade is an SUV that is longer than Scorsese’s Irishman, and likely far more profitable. Continue reading
Automakers Remain Challenged in Search for EV Buyers
Affecting the slight year-over-year increases are a combination of positive and negative market elements such as lower gas prices, inflation, rising interest rates, greater model availability and charging availability. Charging availability is growing more slowly year over year (13% vs 33% in 2022), while model availability has increased, with 42% of buyers now having a viable EV model that meets their needs in Power’s view. Continue reading
Buick Teases the 2024 Envision SUV
The Envision is the third of five new vehicles Buick is debuting through 2024. Buick claims it has become the fastest-growing mainstream brand in the US with sales up ~76% through May 2023. In Canada, Envision sales are up ~78.5% through May 2023. The current Envision has achieved its highest ever retail sales over the first half of 2023 and is on track to have its best sales year ever in the US and Canada as North American demand for luxury SUVs continues unabated. Continue reading
GM Expanding Ultium CAM EV Battery Joint Venture
General Motors (NYSE: GM) and POSCO Future M announced today the second phase of their Ultium CAM joint venture, an investment forecast to exceed $1 billion to increase production capacity of Cathode Active Material (CAM) for EV batteries. While CEO Mary Barra admits that GM was slow to embrace EVs, GM is now clearly among the leaders in what is the future of automobility. Today’s announcement is the latest in a series of actions GM has taken to build a more secure EV supply chain. Continue reading
Posted in connected vehicles, electric vehicles, energy, environment, global warming, manufacturing
Tagged auto industry commentary, autoinformed.com, Doug Parks, Ken Zino, POSCO Future M, Ultium batteries, Ultium-based battery electric vehicles, Wallace Battery Cell Innovation Center
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GM Defense and Black Sage Technologies to Work on Drones
“We understand how critical optionality is for our customers, who look for ways to outmaneuver increasingly complex threats from around the globe,” said Steve duMont, GM Defense president. “Our teaming agreement with Black Sage helps us offer greater flexibility to warfighters while continuing to develop mobility solutions that perform in diverse environments. This collaboration enables GM Defense and Black Sage to leverage the synergies of our respective companies, extend battlefield capabilities and showcase solutions that can drive mission readiness.” Continue reading
Heavy Duty – Mitsubishi Fuso and Hino Motors to Merge
How this works under various anti-trust laws and regulations is unclear to AutoInformed. Details on the scope and nature of the collaboration including the name, location, shareholding ratio and corporate structure of the new holding company will be decided during the next ~18 months. The parties predict signing of definitive agreements in the first quarter of 2024. They aim to close the transaction by the end of 2024. Once all parties involved reach an agreement, they will move forward based on the approval of the relevant boards of directors, shareholders, and authorities. Continue reading
Ford CEO says China is the Main Competitor, Not GM
“If you localize Chinese technology in the US – the customer is going to get screwed,” Farley said. The candid, tough talk comes at a time when Ford is investing more than $50 billion (2022 through 2026) in electric vehicles and battery components. Ford is on track to reach an annual targeted production run rate of 600,000 electric vehicles globally by the end of 2023, and 2 million by the end of 2026. Electric vehicles are expected to account for half of the company’s sales by 2030. Continue reading
Toyota Auto Insurance Now in Colorado, Georgia, Oregon
“We’re excited to continue our rollout of Toyota Auto Insurance, expanding our reach to even more customers,” said Rob Spencer, Toyota Insurance President. “We look forward to offering our customers in Colorado, Georgia and Oregon exceptional value and top-tier service to enhance their Toyota ownership experience.” Continue reading →