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Category Archives: mobility company
GM Expanding Google Cloud AI Initiatives
However, in AutoInformed’s view there are insufficient regulations and guidelines in the industry about who owns your personal data and how it is used or sold to other entities. Therefore this might not be good for everyone or the sun might not be so sunny in a personal vale. Continue reading
Mercedes-Benz will expand EV Charging to 10,000 Points
Mercedes-Benz said in Stuttgart today that it will open its first high-power charging stations this fall. Starting in October, the first Mercedes-Benz Charging Hubs will go into operation in Atlanta (USA), Chengdu (China) and Mannheim (Germany). By the end of 2024, Mercedes-Benz now says it will further expand its global charging network to more than 2000 high-power charging places. The long-term goal is to create more than 2000 Charging Hubs with more than 10,000 charging points by the end of the decade. Continue reading
BMW Group Expanding EV Battery Plant Leipzig
“Leipzig continues to power ahead. Making the BMW i3, we were the BMW Group’s pioneer in electromobility. Now, with the development of e-component production and the upcoming launch of the MINI Countryman, the future is already taking shape,” said Petra Peterhänsel, Plant Director. Continue reading
Posted in connected vehicles, economy, electric vehicles, environment, global warming, manufacturing, mobility company, public health, shows and events
Tagged auto industry commentary, autoinformed.com, BMW i5, BMW iX, BMW iX1, Ken Zino, MINI Countryman, Petra Peterhänsel, Plant Leipzig
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Generative Artificial Intelligence – An Automaker Challenge
Absent in the following is what needs to be an extensive discussion of the public policy, employment, human challenges, and the effect on what traditionally are high paying jobs in the global auto industry. In AutoInformed’s view GlobalData can and likely will play a role in this. Continue reading
SUV EVs – Acura ZDX and ZDX Type S Debut
Acura’s first all-electric models – the 2024 Acura ZDX and ZDX Type S have debuted in California during Monterey Car Week. With a Honda estimated 500 horsepower in the Type S model, it is the most powerful Acura SUV thus … Continue reading
BYD builds its 5 millionth EV in China
BYD in Shenzhen, China has built its 5 millionth new energy vehicle – a DENZA N7 – on 9 August 2023 causing it to become the first automaker in the world to achieve this milestone. BYD* spent 13 years producing … Continue reading
Apple Software Veteran Peter Stern Joins Ford Motor
Ford and other former members of the old-style auto blacksmithing business – cast it, stamp it, weld it, machine it and put it together – has been confronted with the need to cost effectively deal with so-called connected vehicles. The traditional way of pitting suppliers against one another and buying at lowest cost has failed since the software of the many individual computer modules on current vehicles isn’t always compatible with other computerized systems – creating in effect an electronic Tower of Babble. Continue reading
Honda Q1 FY2024 Profits Double – Stock Split Coming
A 3-for-1 stock split effective September 30th has been approved by management. Calculating on the current number of shares (~165,000,000) , the year-end dividend and the total annual dividend for fiscal 2024 are forecast at ¥75/share and ¥150/share. In current Tokyo trading the stock is up ~6% within ¥30 to its all-time (¥4,723) high posted in 2006. Continue reading
Cadillac Escalading the 2025 SUV EV Wars
Cadillac (NYSE:GM) showed today its first-ever all-electric full-size SUV, the 2025 Escalade IQ. It has a Cadillac-estimated 450 miles of range (footnote 1) , Super Cruise driver assistance technology, bi-directional charging capability, different interior and exterior designs, and zero tailpipe emissions. The Power folding third row allows for seven total passengers and folds flat for more storage. The so-called eTrunk compartment under the hood has 12 cubic feet of storage. Pricing starts at ~$130,000 including destination charges. Continue reading
Vehicle-to-Home Bidirectional Charging Coming on All GM EVs
General Motors (NYSE:GM) said today that it will expand vehicle-to-home (V2H) bidirectional charging technology across its retail portfolio of Ultium-based electric vehicles by model year 2026. The first vehicles to receive the technology include the previously announced 2024 Chevrolet Silverado EV RST, followed by the 2024 GMC Sierra EV Denali Edition 1, 2024 Chevrolet Blazer EV, 2024 Chevrolet Equinox EV, 2024 Cadillac LYRIQ and the upcoming Cadillac ESCALADE IQ.
Information on additional availability of V2H technology and specific timing of V2H rollout to individual vehicle models will be provided in future updates. Just bring money. The question is how much? Continue reading
Toyota Posts Strong FY 2024 Q1 Results – $9.2 Billion Net
Sales volume increased in all regions due to productivity improvements inside TMC and with its suppliers. Consolidated vehicle sales Q1 was 2,326,000 units, at 115.5% of consolidated vehicle sales for the same period of the previous fiscal year. Toyota and Lexus vehicle sales was at 2,538,000 thousand units, at 108.4% of such sales for the same period of the previous fiscal year. This coincided with the better supply of semiconductors, which is still delaying delivery, particularly on new models. Notably, electrified vehicles were 34% of total sales. Continue reading
Toyota China Re-Org as EV and Trade Wars Proceed
“The Chinese market is growing at an unprecedented pace,” said Tatsuro Ueda, Chief Executive Officer of the China Region. “Toyota will also work together as a group to reform how we work and think to survive in China.” Continue reading
Porsche to Buy All of IT Consultancy MHP
The global auto industry is in the midst of a digital transformation after a century of blacksmithing metals. Internal processes, customer interactions, computer-based charging or other services are all becoming competitive requirements. Continue reading
Stellantis Completes Symbio Hydrogen Purchase
“The addition of Stellantis as a shareholder will boost Symbio’s development across Europe and in the US,” Stellantis said. Acquiring an equal stake in Symbio supports Stellantis fuel cell van production in France, and supplements the company’s growing battery electric vehicle portfolio. Continue reading
Stellantis and Its European Dealers Sign New Contracts
Stellantis (NYSE: STLA) said today in Amsterdam that it had completed the signing of new contracts with its European Dealer Network. With these new sweeping agreements it aspires to be first in customer satisfaction in all markets, products and services. … Continue reading →