Category Archives: electric vehicles

Milestones – Toyota Indiana Builds 1-Millionth Hybrid

Posted on 12 June 2025 by Ken Zino

Toyota Motor (NYSE: TM and 7203.T) celebrated today the manufacturing of the 1-millionth hybrid vehicle at the Princeton Indiana plant. The Sienna van has been assembled at Toyota Indiana since 2003, with the all-hybrid model being the latest iteration built by the plant’s 7650 team members.

“It’s a significant achievement to reach this milestone and something our team members should be proud of,” said Jason Puckett, president of Toyota Indiana. “The all-hybrid Sienna demonstrates our commitment to electrification and remains a top-selling vehicle in Toyota’s lineup.” Continue reading →

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Toyota Gazoo Racing Shows Hydrogen-Fueled Racing Car

Posted on 12 June 2025 by Ken Zino

Toyota Gazoo Racing unveiled the GR LH2 Racing Concept at le Mans yesterday, a liquid hydrogen fueled test car for the potential use of advanced technology in motorsports.

“The presentation of the forward-looking GR LH2 Racing Concept completes a celebration of past, present and future which marks the 40th anniversary of Toyota’s first participation at Le Mans, following the introduction of a unique combination of livery designs. The #7 GR010 Hybrid of Mike Conway, Kamui Kobayashi and Nyck de Vries carries a red and white tribute livery inspired by the iconic TS020 which participated in 1998. The #8 GR010 Hybrid, driven by Sébastien Buemi, Brendon Hartley and Ryo Hirakawa, represents the team’s present determination to win. Its matt black livery is built around a GR logo, capturing the team’s “Hate to lose” spirit and the “Prototype” concept of making ever-better motorsports-bred cars and continuous evolution,” Toyota said. Continue reading →

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GlobalData – Chinese BYD Hidden Debt Risk

Posted on 9 June 2025 by Ken Zino

The massive China-based electric vehicle company BYD (1211 HKG)* with more than 968,000 employees and a market capitalization of ~$155.5B is not only caught in the tariff crossfire between Donald Trump and the Chinese Government, but it has its own business structure problems as well.

“BYD posted record 2024 results with revenues of $108.1 billion (CNY777.1 billion) (+29% year-on-year (YoY)) and net profit of $5.6 billion (CNY40.2 billion) (+34% YoY). However, experts warn that the company’s growing reliance on supply chain financing could expose it to serious financial risks if market conditions deteriorate,” said Murthy Grandhi, Company Profiles Analyst at GlobalData. Continue reading →

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EV App Gap Frustrates Growing Number of Users

Posted on 29 May 2025 by Ken Zino

“The report includes apps from the top 28 award-eligible brands that sell EVs in the United States; 10 profiled EV brands in China; and eight profiled EV brands in Europe. Brands from China and Europe are included in this report given their expanding presence in the EV marketplace. Additionally, 1966 EV owners in the United States were surveyed in March-April 2025 to gather insights on app usage; feature desirability; and app overall execution for the 2025 report,” said Power. Continue reading →

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Toyota Debuts 2026 RAV4 Compact SUV

Posted on 21 May 2025 by Ken Zino

The 2026 RAV4 also joins Toyota’s list of exclusively electrified models. It will be available with Hybrid Electric Vehicle (HEV) or Plug-in Hybrid Electric Vehicle (PHEV) powertrains. RAV4 also launches new technologies for Toyota, including the Arene software development platform, a new version of the Toyota Audio Multimedia system, and updates to the Toyota Safety Sense active safety suite. Toyota might say customer choice is paramount, but it comes with a bewildering array of options and packages to climb over that are the antonym of the once famous Honda tagline “We Make it Simple.” Continue reading →

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BMW Testing an i7 with Solid State Batteries

Posted on 20 May 2025 by Ken Zino

“Our BMW i7 ASSB test vehicle on the road is a perfect example of the BMW Group’s technology-open mindset. We are continuously advancing the development of new battery cell technologies and are constantly expanding our know-how with valuable partners such as Solid Power,” claimed Martin Schuster, Vice President Battery Cell and Cell Module at the BMW Group. Continue reading →

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GMC Hummer EV – 2026 Model Year Adds Carbon Fiber Option

Posted on 16 May 2025 by Ken Zino

“The refreshed Hummer EV enhances an already amazing vehicle with new software innovations and forward-thinking design,” said Al Oppenheiser, GMC Hummer EV chief engineer. “From the start, we aimed to provide Hummer EV owners over-the-air software updates. All 2026 Hummer EV owners will have access to our latest software going forward, allowing new features to be introduced throughout the vehicle’s lifecycle.” Continue reading →

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Toyota Shows All Electric bZ Woodland Mid-size SUV

Posted on 15 May 2025 by Ken Zino

Toyota (NYSE: TM and 7203.T) today showed a new addition to its expansive Battery-Electric Vehicle (BEV) lineup with the first-ever 2026 model year bZ Woodland. The mid-size SUV has standard all-wheel drive with X-MODE®. The combined system net output is a claimed 375 horsepower with a manufacturer-estimated all electric driving range rating of up-to 260 miles. It also brings additional midsize SUV utility, with 8.3-inches of ground clearance, 3,500-pound towing capacity, and available All Terrain tires. The bZ Woodland is the third BEV recently announced by Toyota.* It joins the refreshed bZ small SUV and the all-new C-HR compact crossover, bringing the total number of electrified models in the Toyota lineup to 21 vehicles in a choice of BEV, Hybrid, Plug-in Hybrid, and Fuel Cell (CA and Hawaii only) powertrains. (Ranges and charging times will vary depending on weather and other factors.) Continue reading →

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Demand for Electric Vehicles in U.S. Stable

Posted on 15 May 2025 by Ken Zino

Consumer demand for electric vehicles (EVs) has remained stable, according to the J.D. Power 2025 U.S. Electric Vehicle Consideration (EVC) Study,SM released today.* The study shows that 24% of vehicle shoppers say they are “very likely” to consider purchasing an EV and 35% say they are “somewhat likely,” both of which remain unchanged from a year ago. Continue reading →

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GM and LG Energy Solution to Make Prismatic Cells in U.S.

Posted on 13 May 2025 by Ken Zino

General Motors (NYSE: GM) said today that it will with LG Energy Solution (KRX: 373220),* commercialize lithium manganese-rich (LMR) prismatic battery cells for future GM electric trucks and full-size SUVs. The announcement could be a battery technology breakthrough with significant sales and marketing advantages. This builds on a partnership between the two companies to develop prismatic battery cell technology and related chemistries.

“GM aims to become the first automaker to deploy LMR batteries in EVs. Ultium Cells, a GM and LG Energy Solution joint venture, plans to start commercial production of LMR prismatic cells in the United States by 2028, with pre-production expected to begin at an LG Energy Solution facility by late 2027. The final production-design of these LMR battery cells will be validated at GM’s Battery Cell Development Center in Warren, MI, which is expected to open earlier that year, as well as LG Energy Solution’s facility,” GM said. Continue reading →

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Nissan Motor Posts ¥670.9 Billion Net Loss

Posted on 13 May 2025 by Ken Zino

Nissan Motor Company (7201T and NSANY ADR)* today announced financial results for the full year and the fourth quarter of the Japanese fiscal year 2024, ending 31 March 2025. During FY2024, global sales remained at 3.346 million units impacted by “intensified sales competition.” Nissan’s consolidated net revenue was ¥12.6 trillion yen, resulting in an operating profit of ¥69.8 billion with a razor thin  operating margin of 0.6%. Net loss was, gasp, ¥670.9 billion (~$4.5 billion), which is improved from its previous forecast of a net loss of ¥700 – ¥750 billion for fiscal year 2024. Free cash flow and operating profit in the automotive business were both negative, automotive net cash was ¥1.498 trillion. (Based on average exchange rates of 153 JPY /USD and 164 JPY /EUR for FY2024.)

“In the face of challenging FY24 performance and rising variable costs, compounded by an uncertain environment, we must prioritize self-improvement with greater urgency and speed, aiming for profitability that relies less on volume. As new management, we are taking a prudent approach to reassess our targets and actively seek every possible opportunity to implement and ensure a robust recovery. Re:Nissan is an action-based recovery plan clearly outlines what we need to do now. All employees are committed to working together as a team to implement this plan, with the goal of returning to profitability by fiscal year 2026,” said Ivan Espinosa, Nissan president and CEO. Continue reading →

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Mazda Japanese BEVs to Adopt North American Charging Standard

Posted on 9 May 2025 by Ken Zino

Mazda Motor Corporation (MMC 7261.T)* today announced that a deal was reached with embattled Tesla (NASDAQ: TSLA) to adopt the North American Charging Standard (NACS) for charging ports on the company’s battery electric vehicles (BEV) launched in Japan from 2027 onward. Earlier this year, Mazda said that it will build a new module pack plant for automotive cylindrical lithium-ion battery cells in Iwakuni City, Yamaguchi Prefecture, Japan. The new plant will produce modules and packs of automotive cylindrical lithium-ion battery cells procured from Panasonic Energy Co. The completed battery packs will be installed in Mazda’s first battery EV that uses a dedicated EV platform and will be manufactured at Mazda’s Hiroshima plant. The annual production capacity is planned to be 10 GWh. This could see a U.S. export version, but there’s the ever-changing Trump trade barriers in play. The former Auto Alliance joint venture in Michigan is now a Ford Mustang plant and given Mazda’s strained relations with Ford, as well as Ford’s own struggles with Trump tariffs, it’s a highly unlikely source of Mazda BEVs in AutoInformed’s view.

Tesla itself presents another problem for U.S. sales, AutoInformed opines. Tesla said in late April that 2025 profits during Q1 plunged from $1.39 billion to $409 million. This was a drastic drop from analyst guess-timates as Elon Musk’s DOGE chainsaw kicked back on the company and slashed revenue from $21.3 billion to $19.3 billion. Amidst the carnage of lower customer deliveries, lower margins and lower profits, Elon Musk also claimed that he was leaving DOGE behind as his major work there was finished. Musk will only be spending a day or so weekly on the unpopular Trump DOGE executive order. However, the Tesla brand is unquestionably damaged. Tesla links could be highly toxic, the automotive brand equivalent of an EPA superfund cleanup site. Continue reading →

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BMW Group Q1 2025 Earnings Drop 25%

Posted on 7 May 2025 by Ken Zino

“The more challenging the environment, the more crucial it is to have compelling products, a consistent strategy and a high degree of flexibility. Our technology-open approach remains a key success factor: with our young, highly attractive models and our broad range of drives, we are able to meet the various needs of customers worldwide. This enables us to achieve robust results and stay on course to meet our ambitious full-year targets,” said Oliver Zipse, Chairman of the Board of Management of BMW AG. Continue reading →

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GM 2025 Guidance – Trump Tariff Exposure $4-5 Billion!

Posted on 1 May 2025 by Ken Zino

General Motors (NYSE: GM) this morning issued its 2025 full year earnings guidance after a delay earlier this week caused by the ongoing chaos of the Trump tariff pandemic. While the goals and rhetoric  of the current mis-administration continue to fluctuate wildly behind a non-transparent word barrage of lies, false facts, and ignorant assertions, General Motors remains focused and amazingly consistent in stating its goals and steps taken to achieve them given the growing Trump disease infested swamp in Washington.

“We are updating our full-year EBIT-adjusted guidance to a range of $10 billion – $12.5 billion, including a current tariff exposure of $4 billion – $5 billion,” said GM Chair and CEO Mary Barra. “We look forward to maintaining our strong dialogue with the Administration on trade and other policies as they continue to evolve. As you know, there are ongoing discussions with key trade partners that may also have an impact. We will continue to be nimble and disciplined and update you as we know more.” Continue reading →

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Honda 2026 CR-V Adds New TrailSport Hybrid

Posted on 30 April 2025 by Ken Zino

Honda (7267.T and NYSE: HMC) said today that the 2026 model year CR-V in four trim levels adds More standard equipment, and there will be a new TrailSport Hybrid. It uses fourth-generation Honda two-motor hybrid system. The Honda CR-V lineup now includes three turbocharged trims: LX, EX and EX-L, plus four hybrid-powered trims: Sport Hybrid, the new TrailSport Hybrid, Sport-L Hybrid and the range-topping Sport Touring Hybrid. The hybrid-electric models are positioned at the top of the lineup and represent more than 50% of CR-V sales.
“Our best-selling Honda CR-V is now even more of an industry benchmark with the addition of a rugged new TrailSport model, which has proven to be incredibly popular on our light trucks,” said Jessika Laudermilk, assistant vice president of Honda National Auto Sales. “The combination of rugged design elements and capabilities, incredible on-road dynamics and hybrid powertrain makes the Honda CR-V a more compelling SUV than ever before.”
Continue reading →

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