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Category Archives: milestones
Honda Racing has a New UK Formula One Base
Honda is celebrating its 60th anniversary of its first F1 participation this year. The company is currently providing technical support and marketing cooperation as a team partner to Oracle Red Bull Racing, which is enmeshed in an ongoing alleged inappropriate sexual behavior scandal. Honda also supplies the VISA Cash App RB Formula One Team. As part of this technical support, HRC manufactures and supplies PUs along with support for PU operation throughout the season to Red Bull Powertrains (RBPT)*. This partnership will continue until the next year’s 2025 season.
*RBPT is a Red Bull group company responsible for F1 PU building. They are in charge of production and operation of ESS (Energy Storage System) for current F1 PU. Continue reading
PEVE to Become Toyota Battery Company
Toyota Motor (NYSE:TM) in Japan confirmed today that Primearth EV Energy Co., Ltd. (PEVE) will become a wholly-owned subsidiary of Toyota Motor. The subsidiary will use the technology advanced through Toyota’s hybrid vehicle battery business to date. and presumably improve on it. The transaction is scheduled to be approved at PEVE’s Annual General Meeting of Shareholders in late June 2024. It’s the latest in a series of moves by Toyota to become a dominant EV company.
“The new company name embodies our determination to leverage the technology and skills honed since PEVE’s establishment in 1996 to contribute to the competitiveness of Japanese batteries and become a company that provides high-quality and highly safe on-board batteries. In addition to batteries for Hybrid Electric Vehicles (HEVs), we plan to produce batteries for Battery Electric Vehicles (BEVs) and Plug-in Hybrid Electric Vehicles (PHEVs). Through our efforts in the production of diverse and next-generation on-board batteries, we hope to create new value and be useful to society,” PEVE said. Continue reading
Posted in connected vehicles, electric vehicles, electronics, energy, environment, global warming, milestones, mobility company, news analysis
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, bevs, ev batteries, hevs, Ken Zino, Masamichi Okada, PEVE, PHEVs, Primearth EV Energy Co., Toyota Motor Corporation
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March US Vehicle Sales Up. Record Q1 Consumer Spending!
Total US new-vehicle sales for March 2024, are projected to reach 1,525,700 units, a 12.1% increase from March 2023, according to a joint forecast today from J.D. Power and GlobalData.* The seasonally adjusted annualized rate (SAAR) for total new-vehicle sales is expected to be 16.4 million units, up 1.6 million units from March 2023. New-vehicle total sales for Q1 2024 are projected at 3,830,500 units, a 4.5% increase from Q1 2023 when adjusted for selling days as the Biden Administration recovery continues.
New-vehicle retail sales for March 2024 are also expected to increase when compared with March 2023. Retail sales of new vehicles are forecast at 1,225,000 units, a 10.7% increase from March 2023. New-vehicle retail sales for Q1 2024 are projected at 3,066,500 units, a 4.5% increase from Q1 2023 when adjusted for selling days. Continue reading
Posted in auto news, economy, marketing, milestones, news, news analysis, results, sales, transportation
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Bidenomics, David Oakley, Elizabeth Krear, GlobalData, j.d power, Ken Zino, March US new vehicle sales, Thomas King
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Department of Commerce Proposes $8.5B Intel Funding
The U.S. Department of Commerce and Intel Corporation have reached a non-binding preliminary memorandum of terms (PMT) to provide up to $8.5 billion in direct funding under the CHIPS and Science Act to strengthen the U.S. supply chain and re-establish American leadership in semiconductor manufacturing, the Biden-Harris Administration said today. This is the Department of Commerce’s fourth PMT announcement under the CHIPS and Science Act. So-called leading-edge chips power the most sophisticated technology extant, including developing AI and building critical military systems and weapons.
“There is no one who cares more about revitalizing American manufacturing than President Biden, and today’s announcement is a massive step towards ensuring America’s leadership in manufacturing for the 21st century. With this agreement, we are helping to incentivize over $100 billion in investments from Intel – marking one of the largest investments ever in U.S. semiconductor manufacturing, which will create over 30,000 good-paying jobs and ignite the next generation of innovation,” said U.S. Secretary of Commerce Gina Raimondo. Continue reading
Posted in auto news, autonomous cars, autonomous vehicles, economy, electric vehicles, electronics, engineering, manufacturing, milestones, news analysis, software defined vehicles, software defined vehicles
Tagged artificial intelligence, auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Biden-Harris Administration, CHIPS and Science Act, Gina Raimondo, Intel, Intel 18A, Ken Zino, Pat Gelsinger, semi-conductors, U.S. Department of Commerce
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EPA Finalizes Vehicle Pollution Standards for 2027-32
The U.S. Environmental Protection Agency today announced final national pollution standards for passenger cars, light-duty trucks, and medium-duty vehicles for model years 2027 through 2032 and beyond. The standards will have significant effects on the types of vehicles available, how much they cost to buy, own and operate, as well as the economy and public health in a politically dysfunctional country. Let the lawsuits commence, particularly from anti-environmentalists, the Republican party, and fossil fuel funded groups.
“With transportation as the largest source of U.S. climate emissions, these strongest-ever pollution standards for cars solidify America’s leadership in building a clean transportation future and creating good-paying American jobs, all while advancing President Biden’s historic climate agenda,” said EPA Administrator Michael S. Regan. “The standards will slash over 7 billion tons of climate pollution, improve air quality in overburdened communities, and give drivers more clean vehicle choices while saving them money. Under President Biden’s leadership, this Administration is pairing strong standards with historic investments to revitalize domestic manufacturing, strengthen domestic supply chains and create good-paying jobs.” Continue reading
Posted in auto news, economy, energy, engineering, environment, fuel economy or emissions, global warming, litigation, manufacturing, milestones, mobility company, news analysis, public health, transportation
Tagged Alliance for Automotive Innovation, auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Biden-Harris Administration, cafe, epa, greenhouse gas emissions, greenhouse gas standards, Inflation Reduction Act, John Bozzella, Ken Zino, uaw
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Petroleum Equivalency Factor Change Slows EV Adoption
The Environmental Protection Agency’s (EPA) final greenhouse gas and criteria pollutant rules for light-duty vehicles covering model years 2027-2032 is about to be to be announced. It’s part of a tangled maze of regulations from multiple federal and state agencies affecting automakers and ultimately consumers in the US, often referred in shorthand as CAFE – corporate average fuel economy.
In the latest development, The Department of Energy last year proposed decreasing the so-called “petroleum-equivalent fuel economy factor” (PEF) for EVs by 72% in 2027. The Petroleum Equivalency Factor expresses electric vehicle efficiency as equivalent-miles-per-gallon of gasoline for purposes of the EPA’s calculation of manufacturers’ compliance with NHTSA’s CAFE regulations. DOE is responsible for establishing the value of the PEF. With a final rule, issued yesterday, the PEF will be established for model years beginning in 2027. It slows forcing EV adaption, and in AutoInformed’s view this is a good thing. Continue reading
Posted in alternative fuels, AutoInformed Editorial, blog, economy, electric vehicles, energy, engineering, environment, fuel economy or emissions, global warming, labor issues, manufacturing, milestones, news analysis, public health
Tagged Alliance for Automotive Innovation, auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, battery electric vehicles, cafe, CAFE civil penalties, Corporate Average Fuel Economy, department of energy, epa, John Bozzella, Ken Zino, petroleum-equivalent fuel economy factor
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EV Bedfellows – Nissan and Mitsubishi Sign MoU
Nissan Motor (7201T. NSANY ADR) and Mitsubishi Corporation (8058.T) have signed a memorandum of understanding to pursue a new joint initiative in next-generation-mobility and energy-related services using electric vehicles in Japan. The companies said today that Japan as a country has been addressing issues such as driver shortages due to a declining population, and difficulties maintaining public transportation services due to decreasing numbers of users. Nissan and MC have also been undertaking various initiatives to solve these problems.
Joint initiatives of course have potential economies of scale, reducing the intense capital costs required to develop EVs and autonomous vehicles. This is making for what would have previously been unlikely hookups or strange bedfellows. Nissan and Honda, Two of Japan’s Big Three automakers, previously announced that will study sharing automotive software platforms, core components related to EVs, and complementary products. Continue reading
Posted in auto news, autonomous cars, autonomous vehicles, connected vehicles, economy, electric vehicles, electronics, engineering, milestones, mobility company, news, news analysis, public health, software defined vehicles, software defined vehicles, transportation
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, EV Bedfellows, Japan Inc, Ken Zino, Makoto Uchida Nissan president and CEO
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Annals of Marketing – Honda Prologue AI Dream Generator
Honda said today it is celebrating the launch of the all-new 2024 Prologue, its first all-electric SUV, by taking families on an “unforgettable” trip powered by AI. The so-called artificial intelligence “Dream Generator” was developed for Honda in collaboration with Amazon Ads Brand Innovation Lab. It is said to create stories by combining user-provided inputs with AI-generated visuals to produce a custom and shareable animated film. Each member of the family is in the figurative driver’s seat as they build a Prologue adventure, say, through jungle terrain inhabited by dinosaurs, above the roads in a magic cloud world, through a microscopic garden jungle teeming with bugs or to outer space. Continue reading
Posted in connected vehicles, electronics, marketing, milestones, mobility company, new vehicle, shows and events
Tagged animation cels, artificial intelligence, auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Disney animation methods, Honda Dream Generator, Honda Marketing, Kate McCagg, Ken Zino, Phil Hruska
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Honda and Nissan Sign MoU for EV Technology Sharing
Nissan Motor and Honda Motor said today in Japan that they have signed a memorandum of understanding whereby they will begin a feasibility study of a strategic partnership in the fields of vehicle electrification and intelligence. In what looks like a re-run of the Nissan Renault alliance that pursued economies of scale, the intense capital costs required to develop EVs and autonomous vehicles is making for what would have previously been unlikely hookups.
Honda and Nissan, Japan’s second and third largest automakers, will study sharing automotive software platforms, core components related to EVs, and complementary products. Continue reading
Posted in alternative fuels, auto news, electric vehicles, electronics, engineering, global warming, manufacturing, milestones, mobility company, news analysis, software defined vehicles
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Chinese EV export threat, Ken Zino, Makoto Uchida, Toshihiro Mibe, trade wars
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Toyota Motor North America R&D Leads in Patents
Toyota Motor (NYSE:TM) said today that it has been awarded more patents from the United States Patent and Trademark Office (USPTO) than any other automaker, according to an annual report by the Intellectual Property Owners Association (IPO). Toyota Motor North America Research & Development – head office in Ann Arbor, Michigan – has led the automotive industry for 10th consecutive years. During 2023 there was 3% overall decline in patents granted across all industries in the United States. Toyota ranked seventh among all companies awarded patents in 2023, receiving a total of 2667 patents. Toyota globally spends ~$1 million per hour on Research & Development. Continue reading
Posted in awards, engineering, milestones, mobility company, news analysis
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Intellectual Property Owners Association, Ken Zino, Sandra Phillips Rogers, Toyota Motor North America. Toyota Motor North America Research & Development, United States Patent and Trademark Office
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Taycan Turbo GT Sets Records at Laguna Seca, Nürburgring
Porsche said today that the upcoming Taycan Turbo GT with Weissach package set the fastest electric production car lap at Weathertech Raceway Laguna Seca. The Taycan is scheduled to go on sale this spring as part of the expansion of the premium line of its all-electric sports sedan to include the Taycan Turbo GT and the Turbo GT with an optional Weissach package. The Weissach setup is built for the track and eliminates the rear seats for a higher power-to-weight ratio. At peak power, both models can deliver more than 1100 PS (pferdestarke) or 1084.51 horspower. Continue reading
Posted in electric vehicles, marketing, milestones, new vehicle, news analysis, performance, racing, shows and events
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Ken Zino, Laguna Seca, nürburgring, Taycan Turbo GT with Weissach package
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Nissan Cuts Ariya EV Starting Price to $41,340
Nissan USA said today that it is cutting the starting price of the 2024 Ariya EV now on sale with a starting Manufacturer’s Suggested Retail Price [1]* (MSRP) from $39,590 with “enhanced MSRP across all trim levels to appeal to a wider audience of EV buyers.” Ariya Engage, the entry point to the Ariya line-up, has been reduced by $3600 with other trim levels receiving a reduction of up to $6000.
“As the electric vehicle market continues to develop and grow, the revised pricing for the 2024 Ariya will improve the model’s competitiveness and ensure we are delivering maximum value to our customers,” said Trisha Jung, senior director, EV Strategy and Transformation, Nissan USA. Continue reading
Mustang Matte Clear Film Coming from Ford
The 2024 Mustang Matte Clear Film is a product of PPG. It’s designed to withstand harsh detergents used at hand or touch-less car washes, as well as road salt, bird droppings, bug splatter, and asphalt residue, Ford claims. Orders will start 27 February. This option comes with the same 3-year/36,000-mile factory warranty that applies to all 2024 Mustang cars.
Customers who order the Mustang Matte Clear Film for the Mustang Dark Horse will not get the standard Hood Accent Stripe or be able to select the Painted Racing Stripe. Matte Clear Film is not available with the GT California Special package, or the optional graphics packages on the Mustang EcoBoost and GT.
Graphic delete will also be a stand-alone item on the Mustang Dark Horse for customers who prefer a less conspicuous appearance on the most track-capable 5.0-liter Mustang with the 2024 Dark Horse Handling Package. Continue reading
Posted in customer satisfaction, design and styling, marketing, milestones, news analysis
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Ken Zino, Laurie Transou, Matte Clear Film for Mustang, Mustang Dark Horse, Mustang EcoBoost, mustang gt
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Suniva, Heliene to Make First U.S. Domestic Content Solar Cells
“With this strategic partnership Heliene and Suniva are well-positioned to rapidly scale domestic cell and module manufacturing to meet the surging demand for secure and reliable domestically made crystalline PV modules. Currently, all U.S.-made solar crystalline modules use only imported cells. This partnership will directly address that gap in the U.S. solar supply chain and help strengthen manufacturing capacity to meet increased demand for domestic products,” the companies said in a joint released timed to coincide with a visit by Secretary of the Treasury Janet L. Yellen at Suniva yesterday. Continue reading →