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Category Archives: energy
Stellantis Has Lithium Supply Deal with Vulcan Energy
Stellantis also claims – focused firmly on the capital markets required for enormous funding – that it will be 30% more efficient than the industry with respect to total Capex and R&D spend versus revenues. At the moment there is no factory nor a proven process at Vulcan at the scale needed for mass production. Vulcan too need access to the capital markets to survive. Continue reading
EV Boats – GM Buys Into Pure Watercraft
The so-called Pure Outboard from Pure Watercraft uses efficiency to benefit a boat’s performance while reducing environmental pollution with much lower operating costs and maintenance than traditional marine propulsion systems, it’s claimed. An open issue with EV technology remains the thus far unexplored anti-trust implications as giant global automakers and battery companies appear to be well on the way to owning and controlling electric mobility. Continue reading
California, New Zealand, Québec Sign Joint Agreement on Net Zero Green House Gases
The Joint Declaration accepts the urgent need to reduce greenhouse gas emissions in accordance with the latest findings of the Intergovernmental Panel on Climate Change. It acknowledges the common intent of the three jurisdictions to transition toward net-zero greenhouse gas emissions while creating new, quality jobs in low- or zero-emission sectors and facilitating a just transition for people impacted by the shift towards a carbon neutral economy. Continue reading
Posted in electric vehicles, energy, environment, global warming
Tagged auto industry commentary, autoinformed.com, climate change, COP26, global warming, Ken Zino
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Ford to Take $1B Charge to Buy Back Expensive Debt
Last April, Ford sold $8 billion of bonds as the coronavirus pandemic closed Ford’s factories with a corresponding drop in sales. Actions such as the debt tender offer and the issuance of 0% convertible notes earlier this year, together with a “bet on the come line” of awaited broader access to capital from the new sustainable financing framework, combine with Ford’s objectives to further strengthen its balance sheet and financial flexibility and return its credit ratings to investment grade. Continue reading
Stellantis, Samsung SDI JV for NA Battery Manufacturing
The latest Joint Venture for Lithium-Ion Battery Production in North America comes just days after Stellantis announced that it had entered with LG Energy Solution a memorandum of understanding to form a joint venture to produce battery cells and modules for North America. Thus the battery gold rush among major automakers continues with vast unknowns on how EVs will pan out among consumers. Continue reading
Lithium-Sulfur – Better than Lithium-Ion Battery?
Whether this is a genuine breakthrough or just another silly-CON (Do you know the ways of San Jose? Privately held until the IPO?) remains to be validated by vehicle use on the road and ultimately adoption by major automakers. Lyten expects full production and market availability for ‘25-‘26 model year vehicles. Continue reading
Bosch Simplifies Electric Vehicle Charging Cables
The three-phase cable enables so-called mode 2 and mode 3 AC charging at up to 22 kilowatts. With the charging cable, there is no need for a wall-box when recharging at home. This is what customers want. In Europe, 84 percent of electric car drivers recharge their vehicle at home in the evening or overnight, claimed Bosch. Continue reading
Genesis Electrification Follows Hyundai Motor Group Ideas
Along with a dual electrification strategy, Genesis announced its goal to pursue a carbon neutral brand by 2035. This is first time for a member of the Hyundai Motor Group to announce the transition, an area where it has lagged. Genesis plans to make the transition to innovate its entire value chain, beginning with raw materials, vehicles, and parts and extending to all work sites and production plants. Continue reading
President Biden Targets 50% Electric Vehicle Sales in 2030
The weak points in the plan is allowing for hybrids, and worse plug-in hybrids, which have laughable range running as an EV. However this is a politically needed SOP for most automakers that have been slow to embrace pure EVS. This is industrial policy on a grand scale that proponents argue is needed to survive in the global economy. Less than 4% new vehicles sold in the U.S. during June were electric or plug-in hybrids. This puts the Republicans in a tough spot. Helping Big Business – in effect tax cuts for the rich – is their highly selective policy. But creating middle class jobs while acknowledging Global Warming and setting policy that benefits all of “we the people” is counter to their failed attempts at governing for the selective few. Continue reading
Mercedes-Benz – New Platforms Electric Only From 2025
AutoInformed thinks it was prompted by runaway global warming and the increasing desire of consumers – and above all regulators and nations of affluent people – to eliminate fossil fuels. Daimler investments into combustion engines and plug-in hybrid technologies will drop by 80% between 2019 and 2026. Continue reading
GM’s Ultium Charge 360 Fleet Customers Can Now Access Preferred Electric Vehicle Charging Providers
The Ultium Charge 360 fleet service “will be one of the industry’s most holistic solutions offering, where available.” In addition, Ultium Charge’s approach will help to enable support for home charging and provide drivers access to more than 60,000 public places to charge while en route. As part of the solution, GM is working with preferred providers, including four depot infrastructure providers – eTransEnergy, a Duke Energy company; EVgo; In-Charge Energy; and Schneider Electric. Continue reading
Honda Supplying Electric Power Unit for Commercial Work
Taking advantage of the characteristics of the electrified power unit, the eGX accommodates the needs of work equipment use in places where it is difficult to secure adequate ventilation and in use environments where users want to avoid equipment noise as much as possible, such as during nighttime and in residential areas. Moreover, the eGX improves operability and ease of maintenance, which will reduce the user’s workload. The eGX also contributes to the users’ zero-emission goals, said Honda. Continue reading
Honda to Abandon IC Engines – Global Electrification by 2040
As part of sweeping initiatives that will also drastically alter Honda’s motorcycle and small engine businesses that make Honda the world’s largest power unit manufacturer, Honda will also try to achieve carbon neutrality for all products and corporate activities Honda is involved in by 2050. Continue reading
Nissan to Sell Renewable Electricity to Japanese Employees
The program will first be made available to employees living in the Kanto region at the start of fiscal year 2022 at the end of March. This moves an automaker into an energy segment that is now dominated by public utilities and Big Oil. It could be the beginning of a trend. It also could be the beginnings of massive political and lobbying battles. Continue reading →