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Category Archives: electric vehicles
Ford Motor 2020 Loss $1.3 Billion. Microchip Shortage Looms
Chasing General Motors, Ford said it would increase its planned investments in electric and autonomous vehicles to more than $22 billion and $7 billion in turn through 2025. GM caught the industry by surprise when it said it would have 30 new EVs globally during roughly that period. It was the latest Ford attempt to appease the capital markets which remain skeptical about the lackluster performance of the Dearborn based automaker. Continue reading
Subsidized Mercedes-Benz Compact EQA EV Available to Order
As confusing as this all sounds, Mercedes actually has reduced the complexity of its EQA models. Instead of having to decide between more than 100 individual options, customers have a choice of three pre-configured packages. Continue reading
Electrify America Adds Solar EV Charging in Rural California
Electrify America’s EV charging infrastructure plans in California include a commitment to increasing access to EV charging infrastructure in rural areas of the state, to both facilitate regional travel and drive adoption of EVs in rural communities. With complimentary charging, the new solar units help remove two barriers to EV adoption in these locations – access to public charging and affordability. The network said it ensured that more than half of these chargers were located in disadvantaged and low-income communities, demonstrating the company’s ongoing commitment to serve these populations. Continue reading
Volkswagen Group Starts Small Scale EV Battery Recycling
Salzgitter only recycles batteries that can no longer be used for other purposes. Before the battery is recycled, an analysis determines whether the battery is still powerful enough to be given a second life in mobile energy storage systems such as the flexible rapid charging station or the mobile charging robot. Larger volumes of battery returns are not expected until the late 2020s at the earliest. Continue reading
Nissan Establishes Carbon Neutral Goal for 2050
The company’s electrification and emissions reduction efforts support the aims of the U.N. Paris Agreement on climate change and global progress toward carbon neutrality by 2050. Continue reading
Ford to Manufacture Mustang Mach-E in China
Ford will also localize production of the Mustang Mach-E’s GT performance edition in China, a first by a global automaker to locally manufacture high-performance editions. The GT high performance edition will adopt a front and rear dual-motor layout, joining the 3-second club with its impressive 0-100km/h acceleration capabilities. Continue reading
GM to Sell Navistar Hydrotec Fuel Cell Power Cubes for EVs
The GM move is the latest in what is shaping up to be a headlong rush by commercial truck makers to drop dirty diesel and gasoline fueled vehicles in favor of fuel cell powered truck and heavy equipment. Proposed regulations – globally – are providing the incentive to change product lines to more sustainable ones. It’s the price of survival. The Japanese – thus far – appear to be leading the way. Continue reading
Wrangler 4xe Plug-in Hybrid Pre-Booking Begins in Europe
This latest marketing ploy started early last year, with pre-booking of the Renegade and Compass 4xe. Jeep claims it was a “resounding success, generating a lot of interest across Europe.” The arrival of the Jeep Wrangler 4xe is the latest step in the brand’s evolution and another step in the strategy towards the electrification of its entire range, announced in 2020. This will include the introduction of at least one electric or electrified version of each model in the coming years. Continue reading
Honda’s New Mobility Business – Cruise to Send First Self-Driving Vehicles to Japan for Testing
This, admittedly small but symbolic milestones, is a direct result of the development and commercial agreements signed in October 2018. Continue reading
GM, Cruise, Microsoft to Commercialize Self-Driving Vehicles
Microsoft will join General Motors, Honda and institutional investors in a combined new equity investment of more than $2 billion in Cruise, bringing the post-money valuation of Cruise to $30 billion. Founded and headquartered in San Francisco, Cruise’s stated goal is to build the world’s most advanced self-driving, all-electric, shared vehicles. GM will launch 30 new electric vehicles globally by 2025. Continue reading
GM to Make CAMI a Commercial Electric Vehicle Plant
This investment and Canadian workforce will make CAMI into Canada’s first large-scale auto plant converted to produce electric delivery vehicles. GM says work begins immediately to transform the CAMI over the next two years from Chevrolet Equinox production to the production of EV600s, to serve the growing North American market for electric delivery solutions. Continue reading
Alpine and Lotus to Study Joint Development of an Electric Sports Car as Groupe Renault Restructures
It’s a strange twist when French and English performance car purveyors with winning race teams find themselves cooperating. This also comes as the so-called *Renaulution plan that aims to restore Groupe Renault’s competitiveness based on return, not sales or market share was approved in Boulogne-Billancourt by the Board of Directors this morning, Continue reading
A Decade of Chinese Ownership – Volvo Cars Posts Strongest Second-Half Sales in Its 93-Year History
While sales dropped by 21% during the first half of the year, Volvo Car resumed growth in the second half of 2020, reporting month-on-month growth from June onwards. Sales rose by 7.4% to 391,751 cars in the second half of the year compared with the same period in 2019. However, globally, Volvo Cars sold 661,713 cars in 2020, a decline of 6.2% compared to 2019. Although final numbers for the full year are not confirmed, the company claims it outperformed its competitors and gained market share in all its main sales regions during the first 11 months of the year. Continue reading
Setback – Ford Motor and Mahindra End JV Discussions
The failure “was driven by fundamental changes in global economic and business conditions – caused, in part, by the global pandemic – over the past 15 months. Those changes influenced separate decisions by Ford and Mahindra to reassess their respective capital allocation priorities,” Ford said. Ford in AI’s opinion is on track to lose $400 billion this quarter. Ford and Mahindra announced an alliance in September 2017, and it was expected to be operational by mid-2020. Continue reading
Pandemic Negative Impact on Global Auto Industry Is Permanent. Debate is over How Bad and Who Gets Hurt
LMC says globally the Pandemic recovery is a K-shaped curve. There are winners and losers. Continue reading →