Category Archives: global warming

Polestar 6 Concept EV Hill Climbing at Goodwood

Posted on 11 July 2024 by Ken Zino

Polestar (Nasdaq: PSNY) is at Goodwood Festival of Speed showing its expanded model line-up with the new Polestar 3 and Polestar 4 electric SUVs joining the Polestar 2. They are accompanied by the Polestar 6 Concept, marking the dynamic debut for the electric roadster concept.

“Now we are a brand with three models in production it’s great to see them here together for the first time at a global event. Goodwood Festival of Speed is full of the most exciting cars and the most enthusiastic crowds,” said Thomas Ingenlath, CEO of Polestar, a Chinese-owned company. Continue reading →

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Honda CR-V Fuel Cell EV – $389 a Month!

Posted on 28 June 2024 by Ken Zino

Honda this week announced lease options for the 2025 Honda CR-V e:FCEV, America’s first production plug-in hydrogen fuel cell electric vehicle. The zero-emissions compact CUV will be available in California starting 9 July, with three leasing options, at $389, $459, and $489 per month. This is a form of space age NASA advanced technology at Honda prices without the requisite trip to the moon, unless you have those views about California. Continue reading →

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Stellantis Updates Circular Economy Initiatives at IARC

Posted on 19 June 2024 by Ken Zino

“Since the introduction of SUSTAINera, in 2022, we achieved very positive results in areas such as parts re-manufacturing, battery recycling and end-of-life vehicles”, said Alison Jones, Senior Vice President of Stellantis’ Global Circular Economy, who delivered a keynote presentation at International Automotive Recycling Congress (IARC), in Antwerp, Belgium. “We remain committed to our target to increase recycling revenues by ten times and achieve more than €2 billion in total circular economy revenues by 2030 – fully in line with Stellantis’ Dare Forward 2030 strategic plan.” Continue reading →

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Chinese Trade Wars – Exports Growing, Prices Dropping

Posted on 17 June 2024 by Ken Zino

Two very real problems are increasing for non-Chinese global automakers. First, is the penetration rate. This is the market share of the vehicles that are the future of the companies that will survive what is an historic reshaping of a global industry. Here, so-called New Electric Vehicles – [NEVs – battery electric vehicles, plug-in hybrids and range-extended electric vehicles combined] that have been heavy promoted, subsidized and pushed forward by the Chinese government are now accounting a 43% share in April, an historic high. The economies of scale are enormous and a clear Chinese competitive advantage. Continue reading →

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Stellantis Promise or Puff? – Clean, Safe, Affordable Mobility

Posted on 13 June 2024 by Ken Zino

No matter how nuanced a view you take, Jeep is central to the plan. The China Leapmotor Strategy is either daft – given the expanding global trade war with China or dictated by reality. Perhaps more significant in this moment, Stellantis re-affirmed its 2024 financial guidance and capital return plan, which promises double-digit Adjusted Operating Income (AOI) margin and positive industrial free cash flows. Stellantis will provide  ≥€7.7 billion in dividends and buybacks during 2024. Continue reading →

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EPA 2031 CAFE – EVs, PHEVs, Hybrids Will Grow

Posted on 13 June 2024 by Ken Zino

For those of you who inhabit the Trump Washington swamp and have misinformation fever, Trump did not decrease the standards as he promised. Incremental increases were slowed down a bit. Enter the Biden Administration, which basically went back to the sharp CAFE increases that occurred under the Obama Administration. Simply put, CAFE will increase because of the significant fines for non-compliance now in place. Continue reading →

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GM Annual Meeting Vote Strongly Endorses Board’s Strategy

Posted on 6 June 2024 by Ken Zino

The first item of business was  the election of 12 directors Each year the shareholders elect directors to serve for the coming year until their successors are elected.* The vote tally was based on the preliminary report provided by the Inspector of Elections, for the first item of business, the election of directors, all of the company’s director nominees were elected. Directors received on average a favorable vote of 97% of the votes cast (it will be official with exact numbers when an SEC filing is made.) More importantly in AutoInformed’s opinion is that all dissident shareholder proposals following that the Board recommended a vote against were soundly defeated. Continue reading →

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New Porsche 911 Carrera, GTS Carrera Hybrids Debut

Posted on 28 May 2024 by Ken Zino

Porsche is offering the new 911 Carrera as a coupé at a starting price of €128,700 including VAT and country-specific equipment. Prices for the 911 Carrera GTS Coupé start at €170,600. The price of the optional aero kit package for the 911 Carrera GTS is €2713.20, including VAT and country-specific equipment. Deliveries in Germany will begin in late summer for the 911 Carrera, and in late 2024 for the 911 Carrera GTS. Continue reading →

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Mazda, Subaru, Toyota to Make Future Generation De-Carbonized Internal Combustion Engines

Posted on 28 May 2024 by Ken Zino

Mazda Motor Corporation (Mazda) Subaru Corporation (Subaru), Toyota Motor Corporation (Toyota) said today in a joint release that each is committed to developing new internal combustion engines tailored to electrification and the pursuit of carbon neutrality. “This process has clarified the role that future engines will play in achieving carbon neutrality. With the next generation of engines, the three companies will seek to not only improve stand-alone engine performance but also optimize their integration with electric drive units, harnessing the advantages of each,” the Japanese automakers said. Continue reading →

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Hydrogen – Plug Power Energy Gets $1.6B Loan Guarantee

Posted on 24 May 2024 by Ken Zino

“Advancing clean hydrogen is a key component of the Biden-Harris Administration’s whole-of-government approach to building a robust clean energy economy that creates healthier communities, strengthens energy security, and delivers new economic opportunities across the nation. Today’s announcement will help unlock the full potential of this versatile fuel and support the growth of strong, American-led industry that ensures the United States remains at the forefront of the global economy for generations to come,” said Jigar Shah, Director of the Loan Programs Office. Continue reading →

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Biden Administration Chinese Trade War Tariffs Start August 1

Posted on 22 May 2024 by Ken Zino

“Today, I am following through on my commitment to stand up to the People’s Republic of China’s unfair trade practices by issuing a formal proposal to modify the tariff actions,” said Ambassador Katherine Tai. “The President has directed me to make substantial tariff increases on targeted, strategic products, and this is an important step to carry out that vision. The President and I will continue to fight for American workers, and for our economic future and national security.” Continue reading →

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First Level 4 Autonomous Fuel Cell EV Truck Demonstrated

Posted on 22 May 2024 by Ken Zino

Hyundai Motor Company and an autonomous driving software firm called Plus* today unveiled what’s claimed to be the first SAE Level 4 autonomous Class 8 hydrogen fuel cell electric truck in the U.S. at the Advanced Clean Transportation (ACT) Expo, at the Las Vegas Convention Center. A Hyundai XCIENT Fuel Cell truck, equipped with Plus SuperDrive™ Level 4 (SAE) autonomous driving technology, is on display at the Plus ACT Expo booth (#2044).

Ultimately, software driven vehicles can replace drivers completely so further developments put global truck makers and their customers on a collision course with driver’s unions. Continue reading →

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UAW Loses Mercedes Alabama Vote

Posted on 20 May 2024 by Ken Zino

Workers at Mercedes in Alabama narrowly defeated a vote (2642 or 56% against with 2045 for) to join the UAW* in an election that was made public late Friday night. This was in stark contrast to the record contract approved by workers at Daimler Truck or the ratification of the union at Volkswagen in Chattanooga, Tennessee. Alabama has been a so-called “right to work state” (for less?) since 2016, meaning that union-membership is not required for employment. By late February, less than two months after Mercedes workers went public with their drive to join the UAW, a majority of them had signed union cards. Whether this is the end of the matter is far from clear. The UAW lost the vote at VW two times prior to its win.* Continue reading →

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Nissan to Use Only Low-CO2 Emission Aluminum by 2030

Posted on 17 May 2024 by Ken Zino

Aluminum accounts for approximately 10% of vehicle weight. By using low CO2 emission aluminum, Nissan said this is A significant step towards achieving carbon neutrality. Nissan aspires to achieve carbon neutrality in the entire lifecycle of its vehicles by 2050. Continue reading →

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EVs – Honda to Invest ~$65 Billion Through 2030

Posted on 16 May 2024 by Ken Zino

Honda Motor company Global CEO Toshihiro Mibe said today that it will invest ¥10 Trillion (~$65 billion) through 2030 on its electrification strategy as part of a vast reorganization or re-prioritization of its corporate strategy. Through the establishment of a vertically-integrated EV value chain with a central focus on batteries, as of 2030, Honda will reduce the cost of the battery to be procured in North America by more than 20% compared to the cost of current batteries. Honda promised it will establish a competitive business structure with an aim to reduce overall production cost by approximately 35%. Honda already has secured enough batteries for the planned production of approximately 2 million EVs per year. Continue reading →

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