Category Archives: environment

GM CFO – More Spending Efficiencies on Way for ICE and EVs

Posted on 30 November 2023 by Ken Zino

Paul Jacobson, GM EVP and Chief Financial Officer said this morning in New York that the aim is to  continue to drive GM’s strong cash flow performance while increasing the margins and the returns to investors while cutting capital spending. (NYSE: GM) Speaking at the Barclays Global Automotive and Mobility Tech Conference, Jacobson said, “we remain absolutely committed to driving to the 8% to 10% margin consistently that we’ve said in North America through this transition (to electric vehicles).” Continue reading →

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GM Takes UAW Contract Costs in Stride. Ups 2024 Dividend

Posted on 29 November 2023 by Ken Zino

“We are finalizing a 2024 budget that will fully offset the incremental costs of our new labor agreements and the long-term plan we are executing includes reducing the capital intensity of the business, developing products even more efficiently, and further reducing our fixed and variable costs,” said Mary Barra, GM Chair and CEO. Continue reading →

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Stellantis Opens its First Circular Economy Hub in Turin

Posted on 24 November 2023 by Ken Zino

Stellantis has opened its SUSTAINera Circular Economy Hub (CE Hub) at the former Fiat Mirafiori Complex in Turin, Italy. Stellantis hopes to foster its so-called Circular Economy ambitions with a 360-degree approach based on its 4R strategy: Reman, Repair, Reuse, and Recycle. The objectives of the CE Hub are to extend the life of parts and vehicles, ensuring that they last for as long as possible. When that is no longer possible, the material is collected for recycling from the re-manufacturing operations, and from the end-of-life vehicle dismantling activity, and then returned to the manufacturing loop to build new vehicles and parts. Continue reading →

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Cruise CEO Resigns as GM Revamps Embattled Company

Posted on 22 November 2023 by Ken Zino

Cruise CEO Kyle Voght resigned on Sunday and there are media reports that the chief product officer and co-founder Daniel Can also resigned. You wouldn’t know it from the Cruise web site, which remains mute on the defections or what look to be forced resignations.   Continue reading →

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Stellantis and CATL MoU for Lithium Iron Phosphate Batteries

Posted on 21 November 2023 by Ken Zino

Stellantis and CATL are considering the possibility of a joint investment in the form of a joint venture with equivalent contributions. Stellantis aims to use lithium iron phosphate (LFP) batteries to assist making its Dare Forward 2030 electrification targets. LFP has a long service life and high thermal stability. Continue reading →

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Coffeyville Resources Refining Fined $23 Million for Pollution

Posted on 20 November 2023 by Ken Zino

“The settlement with Coffeyville delivers on the promise of EPA’s new climate enforcement strategy by reducing greenhouse gas emissions equivalent to the annual emissions of 10,000 cars,” said Assistant Administrator David M. Uhlmann for EPA’s Office of Enforcement and Compliance Assurance. “In addition, the actions we are taking alongside our state partners in Kansas will reduce harmful air pollution that makes breathing more difficult and causes smog, acid rain, and tree and plant damage.” Continue reading →

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The Corrupting Influence of Money on US Public Health

Posted on 20 November 2023 by Ken Zino

“Heavy Vehicle emissions standards recently proposed by the Environmental Protection Agency (EPA) would boost the electrification of trucks and buses, but standards stronger than what EPA proposed are needed to de-carbonize transportation at a pace to prevent catastrophic climate change. While leading utilities are showing that they can help build out the infrastructure at the scale necessary to support the proposed standards, they and their customers will need to invest far more ambitiously to support more robust standards.,” claims Daivie Ghosh, Transportation Senior Research Analyst at the American Council for an Energy-Efficient Economy. Continue reading →

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Distracted Driving Laws – Hands Free Results Vary

Posted on 16 November 2023 by Ken Zino

“In the first few months, reporters write about it, the government runs campaigns for it, and police officers actively educate drivers about it. Over time though, resources and attention shift to other areas,” said Cambridge Analytics. Continue reading →

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Mercedes-Benz Opens First North American EV Charging Hub

Posted on 15 November 2023 by Ken Zino

Mercedes-Benz USA said today that its first Charging Hub* opened at its headquarters in Sandy Springs, Georgia. Additional charging hubs will open across Texas and the Southeast by the end of 2023. Continue reading →

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Polestar 4 Production Starts at Geely Hangzhou Bay Plant

Posted on 15 November 2023 by Ken Zino

“Polestar 4 stands out in design and performance, a remarkable SUV coupé in many ways. It is the first Polestar to feature a virtual rear window with world-class digital rear-view mirror. This car plays a very important role in our growing line-up of exclusive performance EVs. It illustrates the value of our diversified and asset-light approach, making use of our partner and major shareholder’s development and manufacturing expertise,” said Thomas Ingenlath, Polestar CEO. Continue reading →

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Drunk Driving – Tie One On for Safety Campaign

Posted on 13 November 2023 by Ken Zino

Tie One On for Safety is a campaign to remind everyone to stay safe and make the right choice to designate a driver this holiday season by placing a red ribbon on their car this holiday season. The M1 Concourse in Pontiac will host and sponsor the kickoff event on 16 November again this year. Continue reading →

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Bosch Shows 6 kW Motorcycle EV Drive Motor with Inverter

Posted on 8 November 2023 by Ken Zino

“With production starting in 2025, the new Bosch 6 kW motor will enable manufacturers to electrify two-wheeler segments that have so far tended to feature combustion-engine technology. In this way, we’re meeting not only demands for everyday mobility needs in cities, but also the desire for riding enjoyment outside urban centers,” said Liersch. Continue reading →

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GM Announces Niron Magnetics Partnership for EV Motors

Posted on 8 November 2023 by Ken Zino

Niron’s proprietary Clean Earth Magnet® technology is based on iron nitride, a plentiful and affordable material with “real potential for commercial use in future EVs,” GM said. The permanent magnets in EV motor rotors are typically made from rare earth minerals such as terbium, dysprosium, praseodymium and neodymium, which are expensive and currently processed almost entirely overseas. A late model car can use hundreds of magnets. This technology can cut their material cost in half it’s claimed. Continue reading →

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Unifor Stellantis Agreement Good for All Workers in Transition

Posted on 30 October 2023 by Ken Zino

“After a short strike throughout the night Unifor has reached now a tentative agreement with Stellantis. The deal came about around 7:00 AM this morning, after bargaining throughout the night. And yes, as you can tell all of those here are tired, but also very, very proud of the work that we’ve done for Canadian auto workers. ” said Unifor National President Lana Payne said late this afternoon at a hotel in Toronto. Continue reading →

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Ford EV Charging Network Grows by 25%

Posted on 30 October 2023 by Ken Zino

Ford Motor said today that customers can now access three new charging providers – Francis Energy, Blink and Red E across the US. and Canada with embedded charger routing and simple payment options via FordPass. The three new companies bring more than 10,000 new chargers to the network, including more than 550 new DC fast chargers. Blink, Francis Energy and Red E join the existing BlueOval Charge Network providers: Shell Recharge Solutions, Electrify America, EVgo, ChargePoint, FLO, EV Connect, and Electric Circuit for a total of ~106,000 charging stations. Continue reading →

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