Category Archives: mobility company

Toyota, Mazda Testing EV Battery Energy-Storage System

Toyota Motor Corporation (Toyota) and Mazda Motor Corporation (Mazda) said today that they have started field tests of Toyota’s Sweep Energy Storage System at Mazda’s Hiroshima Plant in Hiroshima Prefecture, Japan. The system rapidly switches each battery’s power flow on and off, even when new batteries are connected to degraded or different capacity batteries.

“For the tests, the power system at Mazda’s headquarters campus, the only power generation system operated by an automaker in Japan, and Toyota’s system that uses batteries from electrified vehicles will be connected through their respective energy management systems. This will enable the verification of stable, high-quality, and efficient charging and discharging. In the future, the storage system will be used to regulate power supply and demand from renewable energy, which fluctuates depending on weather and time of day, contributing to carbon neutrality,” the companies said. Continue reading

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Gen 3 2026 Nissan Leaf Less than $30,000?

The 2026 model year Nissan (7201T and NSANY ADR) Leaf* at dealerships this fall has a projected Manufacturer’s Suggested Retail Prices (MSRP) for the S+ grade starting at $29,9902. This is the lowest starting MSRP for any new EV currently on sale in the U.S. [ see footnote 3]. This of course depends on the whims and chaos of the Trump Administration’s ongoing trade policies. That is why the pricing and details on the entry-grade LEAF S will be announced at a later date. It might not appear in the 2026 lineup. Continue reading

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Volvo Car USA to Offer Insurance

“By launching Volvo Car Insurance Services, we are extending Volvo Cars’ commitment to safety and simplicity well beyond the vehicle,” said Tony Nicolosi, President & CEO, Volvo Car Financial Services. “This expanded offering combines a seamless digital experience with flexible, personalized coverage options, supported by licensed insurance agents who provide expert, transparent guidance, creating a new standard for what customers should expect from automotive insurance.” Continue reading

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MINI Expanding Proactive Care to More Markets

MINI said today that it is expanding its so-called Proactive Care service to more markets, including the U.S. eventually. The service lets the vehicle act as a digital concierge, recognizing existing and predictable service needs and proactively reaching out to the customer with proposed solutions.

“With the introduction of Proactive Care at MINI, we are now implementing our service promise ‘RELAX. WE CARE.’ in the premium segment of small and compact cars. Our offering acts as a digital concierge, proactively analyzing all service needs and providing timely support to our customers. This ensures that our customers are always well-informed and that potential needs are identified early,” says Ralf Hattler, Senior Vice President Customer Support and Aftersales. Continue reading

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Solid State Batteries – Nissan and LiCAP Partner

“Developing a dry electrode production process for cathode electrode is highly beneficial for the smooth production and commercialization of ASSBs. Compared to conventional solvent-process electrodes, dry-process electrodes eliminate the need for drying and solvent recovery, significantly reducing manufacturing costs and environmental impact. However, when considering future mass production, achieving high production efficiency remains a major challenge for dry-process electrodes,” Nissan said. Continue reading

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More C9 Corvette Concepts Seen in California

Chevrolet (NYSE: GM) today gave car enthusiasts and racing fans another, yet another glimpse of the high-performance future. Two Corvette concept cars, the Corvette CX and CX.R Vision Gran Turismo, debuted at The Quail, a Motorsports Gathering in California. If these promotional events proceed at the pace of previous events and press releases, they could outnumber the sales of the production C9 Corvette when it appears. Continue reading

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Nissan Armada Starts at $58,840

“Following the all-new debut of the 2025 model year, Nissan continues to deliver an Armada for every adventure – offering supreme comfort, premium technology, a bold new design and uncompromising capability. With three rows of seating, a maximum towing capacity of up to 8,500 pounds [3], and the added confidence of standard Nissan Safety Shield® 3604, the Armada is ready for whatever the road – or trail – may bring,” Nissan said. Continue reading

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Acura RSX Prototype EV Debuts

Acura yesterday at Monterey Car Week staged the world-debut of the Acura RSX Prototype, promoting the brand’s next-generation all-electric performance SUV.

“The dramatic styling of our Acura RSX Prototype demonstrates that it’s not just a new EV, but a compelling all-new Acura model,” said Lance Woelfer, vice president of Auto Sales at American Honda Motor Co., Inc. “RSX will deliver on nearly four decades of Acura Precision Crafted Performance brand DNA with appealing design and cutting-edge technology.” Continue reading

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Cadillac Off-Roader – Elevated Velocity

Cadillac today revealed the so-called Elevated Velocity concept. It is said to be a continuation of the Cadillac V-Series performance formula. [It’s not available for sale yet – Autocrat] This off-roader built on an elevated platform appears to be a serious concept that is winding its way through the sand, rocks, and mud of the GM bureaucracy to become a production vehicle. Yes, an off-road Cadillac?! Continue reading

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Mercedes-Benz Chauffeur-Driven Vision V in California

“Traditionally crafted materials blended with hyper-modern, tech-savvy design elements that are just as stylish as they are unexpected, providing an unprecedented immersive digital experience.,” Mercedes-Benz said. “Pebble Beach Automotive Week is the ideal setting for the world’s finest automobiles, where enthusiasts and collectors gather to celebrate automotive excellence and innovation making it perfectly suited for the Vision V to showcase its immersive user experience.” No word on powertrain offerings thus far.  Continue reading

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Milestones – 600,000th Mercedes-Benz G-Class

The 600,000th unit of the legendary Mercedes‑Benz G‑Class rolled off the production line in Graz, Austria – a G580 with EQ Technology in Obsidian Black Metallic- Mercedes-Benz USA (MBUSA) said this week. Accompanied by the S- and E‑Class, the G-Class is one of the longest-produced model series in the history of Mercedes‑Benz passenger cars. Continue reading

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BMW iX3 Production, Supply and Use Sustainability

“During product development, extensive measures were implemented throughout the supply chain, production and use phases, explicitly focused on conserving resources and reducing the model’s environmental footprint. As such, the iX3 Neue Klasse marks an important milestone toward achieving the company’s 2030 and 2050 CO2 emission targets,” BMW said. Continue reading

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Magna Posts Q2 2025 EBIT of $583 Million

Magna International (TSX: MG; NYSE: MGA) today reported relatively robust Q2 and H1 financial results in the midst of Trump’s ongoing tariff chaos and his hostility toward our Canadian friends, neighbors and business partners.

“Our strong operating results for the second quarter of 2025 exceeded our expectations and reflect continued execution on our performance initiatives, including operational excellence, restructuring, commercial recoveries, and reduced capital and engineering spending,” said Swamy Kotagiri, Magna Chief Executive Officer. Continue reading

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Ford Says Trump Tariffs Will Slash Earnings by $2B

Ford Motor Company (NYSE: F) reported late yesterday its Q2 and H1 2025 financial performance. The now common internally created factors of Ford’s warranty costs,* losses on electric vehicles and the external Trump’s tariff chaos negative effects were in play. Tariffs slashed $800 million from Ford profits during Q2, the Dearborn-based company said. Its latest estimate of $2 billion in tariff costs for the year includes the impact of cost-cutting and other measures Ford is taking in response to President Trump’s trade policies. Ford Motor booked a $1.3 billion loss from repairs of vehicles under warranty, cancellation of plans to build an electric sport utility vehicle and other one-time costs. The Q2 net loss was $36 million. Ford common stock per share has been trading in the $8.44 – $11.97 range during the last year, hovering ~$11 a share recently. Its three-year return of ~5% compares to the S&P 500 at 54%. Continue reading

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Penske Automotive Group Posts Record $1.3B Q2 Gross Profit

“I am pleased with the performance of our diversified international transportation services business in the second quarter. The second quarter represented the third consecutive quarter of year-over-year earnings growth driven by an overall gross margin increase of 50 basis points, an increase of 50 basis points in retail automotive service and parts gross margin, and a 30-basis point improvement in selling, general and administrative expenses as a percentage of gross profit,” said Chair Roger Penske.

“New and used vehicle gross profit per unit retailed remained stable and strong while retail automotive same-store service and parts revenue increased 7%.” Penske continued, “While we continue to monitor the potential impact to our business from tariffs, the benefits provided by our premium brand mix, geographic diversification across the North American retail commercial truck, the U.S. and international automotive markets, and the diversification of our gross profit across new and used vehicles, service and parts, and finance and insurance, coupled with our highly variable cost structure, provide us with opportunities to flex our business to meet the changing automotive and commercial truck landscape,” Penske said. Continue reading

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