Category Archives: mobility company

Annals of Marketing – Honda Offers EV at Hybrid Price

It’s the latest example of how the proposition that EVs are too expensive ignores marketplace competition combined with automaker advantages of scale and decades of innovation in manufacturing, design and cost cutting will relentlessly and inevitably make EVs desirable. Continue reading

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

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

“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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Connected Technicians at Nissan Speed Repairs

“TECH LINE did a great job of walking me through the process. They made sure we went through it together and everything went smoothly,” said Skyler Petrille, Nissan master technician at Mossy Nissan El Cajon just outside San Diego. “It’s super cool when Nissan invests in tools to help make our work easier, better and more efficient.” Continue reading

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Stellantis Opens its First Circular Economy Hub in Turin

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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New Electric Vehicles for Nissan UK Sunderland Plant

“Exciting, electric vehicles are at the heart of our plans to achieve carbon neutrality. With electric versions of our core European models on the way, we are accelerating towards a new era for Nissan, for industry and for our customers,” said Nissan President and CEO Makoto Uchida. Continue reading

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Stellantis Repurchases €934M in Shares from Dongfeng

“The purchase of Stellantis common shares by Stellantis from Dongfeng was carried out under the authority granted by Stellantis’ general meeting of April 13, 2023. The share repurchase transaction with Dongfeng will not impact Stellantis’ €1.5 billion open-market share repurchase program announced February 22, 2023, which is expected to complete by the end of 2023,” Stellantis said. Continue reading

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Cruise CEO Resigns as GM Revamps Embattled Company

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

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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New Circus Ringmaster at Cruise Autonomous Vehicles

Well, it seems that the discovery that Cruise altered released accident footage to eliminate one of its accident vehicles dragging a pedestrian with it as it continued to run (drive away?) has moved the normally buttoned-down GM safety culture and it people to the verge of, well, annoyance. So send in the lawyers to monitor the California clowns starting with Cruise CEO Kyle Vogt. Continue reading

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Cadillac Teases 2025 OPTIQ EV – Crossover Compact

This will be Cadillac’s fourth EV, positioned below the slow-selling (because of supply chain issues and shortages of batteries or lack of appeal?) Lyriq mid-size crossover, with a base price of ~$59,000. It joins the expensive ~$300,000+ Celestiq sedan and what will soon be an all-electric version of the Escalade SUV (~ $130,000.) Continue reading

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Rerun at LA Auto Show – Honda Prelude Concept

The hybrid-electric Honda Prelude Concept made its North American debut today at the Los Angeles Auto Show with the usual assertion that it represents a prelude, so to speak, to future electrified Honda models. This is weeks after its global debut at the Japan Mobility Show. Honda says it will make battery-electric and fuel cell electric vehicles represent 100% of its new vehicle sales by 2040. Continue reading

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Polestar 4 Production Starts at Geely Hangzhou Bay Plant

“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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Biden-Harris Administration Begins National Spectrum Strategy

“Spectrum is a limited resource that enables the everyday and the extraordinary – from checking the weather on our phone to traveling into space. As demand for this resource increases, the US will continue to lead the world in spectrum innovation, and President Biden’s bold vision for spectrum policy will provide the foundation for that leadership,” said US. Secretary of Commerce Gina Raimondo, a Biden appointee. Continue reading

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Ram 2025 MY 1500 Ramcharger Hybrid Debuts

Yes, it’s a hybrid not a pure EV. While purists might scoff at the gasoline engine, since it has no, none, zero need for a public charger, Stellantis might have created a new sweet spot in the pickup market. It is built from the new STLA body-on-frame architecture designed specifically for full-size electric vehicles with a frame that incorporates the battery pack efficiently. You could consider this the best that both gas and electric trucks offer, with little constraints on range – unless you run out of gasoline when the batteries are dead. Continue reading

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