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Category Archives: mobility company
GM Ups Bet by $35B in Autonomous, Electric Vehicle Games
The seemingly bottomless pit of capital being consumed in the race to survive the connected, green and autonomous vehicle wars has grown deeper with General Motors saying today it will increase its EV and AV investments from 2020 through 2025 to $35 billion. This is a – gulp – 75% increase from its initial pledge announced prior to the ongoing pandemic. Continue reading
Toyota Agile Space – Motorized Store or Mobility Company?
Toyota Motor North America R&D has selected digital brand Cuyana as its first tenant. About the only thing AutoInformed sees in common with its vehicle business is that leasing could be involved for customers. Continue reading
General Motors Expands Access to OnStar Guardian App
OnStar Guardian offers Mobile Crash Response, which uses smartphone sensors to detect crashes and alert an Emergency-Certified OnStar Advisor. Continue reading
Toyota Via KINTO to Sell Cars That ‘Evolve in Tune With People’
In a vast advancement – in press release theory so far, that is – from evolving auto industry efforts to personalize vehicles, they started this endeavor by offering today, through KINTO*1, the new GR Yaris Morizo Selection, a car that can be updated with the latest software tailored to each customer. Continue reading
Ford to Up Electrification Spend to $30B by 2025. Wants 40% All-Electric Global Volume By 2030
Well, one wild card is the great unknown about the future of internal combustion engines that Ford is heavily dependent on. Will the change to EVs mean big write offs or mark downs of the value of existing plants, tooling and the elimination of jobs? Another potentially negative is Ford’s dismal record of introducing and then incurring huge warranty costs of complex vehicles with electronics. It has cost stockholders billions of dollars. Fixing these huge warranty costs is potentially worth $1-$2 billion annually given recent history. Continue reading
Stellantis, Foxconn JV for Digital Cockpits, Connected Services
Leaving the marketing babble aside, Mobile Drive will combine Stellantis’ global vehicle design and engineering with Foxconn’s development in the changing software and hardware realms of smartphones and consumer electronics. Continue reading
Volkswagen, Argo AI to Start Autonomous Driving Tests
Current conventional automaker wisdom (wishdom?) has is that light commercial vehicles are the first, logical place for using autonomous transportation of people and goods. “Our aim with the self-driving version of the ID. BUZZ is to ease commercial deployment of transport and delivery services starting in 2025,” said divisional director Christian Senger during a digital press conference. VW Mobility service provider MOIA will first launch autonomous service in Hamburg, Germany. Continue reading
Toyota FY2021- Net Profit Surges 10% on $20.6B in Revenue
In particular, sales of electrified vehicles of 2,155,000 units or 112.3% of the previous fiscal year presents a serious challenge to would be competitors who are late to a game that increasingly is the only game in town or will be given the trend of current regulations. Continue reading
Gaming Technology for Autonomous Vehicles at Porsche?
This – in theory – shortens development times, saves costs and makes mobility safer, according to Porsche. Furthermore, in the nascent Porsche Car Configurator, Game Engines are intended to help the customer in the configuration of her vehicle in retail. In the future, customers in Porsche Centers will see an “almost photo-realistic, three-dimensional simulation of their configured vehicle” via a gaming PC with connected VR glasses. Continue reading
Honda to Abandon IC Engines – Global Electrification by 2040
As part of sweeping initiatives that will also drastically alter Honda’s motorcycle and small engine businesses that make Honda the world’s largest power unit manufacturer, Honda will also try to achieve carbon neutrality for all products and corporate activities Honda is involved in by 2050. Continue reading
Free2Move eSolutions – New JV Linking Stellantis, Engie EPS
Free2Move eSolutions has the lofty ambition to support and ease the transition to electric mobility by offering “innovative and tailor-made electric solutions” for both private and business participants of the so-called – wince – value chain. Free2Move eSolutions activities will range from charging infrastructures (installation, servicing and operations), public and home charging subscriptions with monthly fee, to battery lifecycle management and advanced energy services such as Vehicle-to-Grid (V2G) integration and energy management solutions to reduce the total cost of vehicle ownership. Continue reading
Isuzu, Hino, Toyota to Quicken Carbon Neutrality with Commercial Vehicle JV
Through this collaboration, they will try to hasten societal implementation and distribution of CASE technologies and services, and to help address various difficulties facing the transportation industry as well as help achieve a carbon-neutral society. Continue reading
Ford Follows GM: Q2 2021 Earnings to Exceed Its Expectations
This ”follow the leader” move is the result of unfortunate timing and lingering suspicions that the future of the automotive business with automated vehicles, fuel cells and other connected car technologies will consume enormous amounts of capital that will hurt shareholders, which in the case of Ford contains numerous family members. Yesterday GM said it will increase its EV and AV investments from 2020 through 2025 to $35 billion. This is a – gulp – 75% increase from its initial pledge announced prior to the ongoing pandemic.
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