Category Archives: transportation

FuelCell Energy and Toyota Get DOE’s Better Project Award

Posted on 1 May 2025 by Ken Zino

FuelCell Energy and Toyota Motor North America (NYSE: TM) today announced that the first-of-its-kind “Tri-gen” facility at the Port of Long Beach has received the U.S. Department of Energy’s 2025 Better Project Award.* Commissioned by Toyota and owned and operated by FuelCell Energy, Tri-gen produces three products for port vehicle processing operations at Toyota Logistics Services: renewable electricity, renewable hydrogen and usable water.

The Better Project Award is said to recognize accomplishments at individual facilities for innovative and industry-leading accomplishments in implementing energy, water, and waste reduction efficiency measures. Continue reading →

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GM 2025 Guidance – Trump Tariff Exposure $4-5 Billion!

Posted on 1 May 2025 by Ken Zino

General Motors (NYSE: GM) this morning issued its 2025 full year earnings guidance after a delay earlier this week caused by the ongoing chaos of the Trump tariff pandemic. While the goals and rhetoric  of the current mis-administration continue to fluctuate wildly behind a non-transparent word barrage of lies, false facts, and ignorant assertions, General Motors remains focused and amazingly consistent in stating its goals and steps taken to achieve them given the growing Trump disease infested swamp in Washington.

“We are updating our full-year EBIT-adjusted guidance to a range of $10 billion – $12.5 billion, including a current tariff exposure of $4 billion – $5 billion,” said GM Chair and CEO Mary Barra. “We look forward to maintaining our strong dialogue with the Administration on trade and other policies as they continue to evolve. As you know, there are ongoing discussions with key trade partners that may also have an impact. We will continue to be nimble and disciplined and update you as we know more.” Continue reading →

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Penske Automotive Group – Q1 2025 +13% Net Income

Posted on 30 April 2025 by Ken Zino

Penske Automotive Group (NYSE: PAG) today posted Q1 2025 financial results that showed record first quarter revenue with an increase of 2% to $7.6 Billion. Adjusted earnings before taxes increased 5% to $310 Million. Adjusted earnings per share increased 6% to $3.39.

“Our diversified international transportation services business generated record first quarter revenue, the seventh consecutive quarter of stable gross margin, and a 70-basis point improvement of adjusted selling, general, and administrative expenses as a percentage of gross profit. New and used vehicle gross profit per unit retailed remained consistent and strong with new vehicle gross declining only $87 per unit while used vehicle gross increased $352 per unit when compared to the fourth quarter of 2024,” said Chair Roger Penske. Continue reading →

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McKinsey on EVs – China Most Advanced Region by Far

Posted on 28 April 2025 by Ken Zino

Electric vehicles (EVs) are increasing market share, cars are becoming more connected, and autonomous vehicles are gradually starting to appear on more streets worldwide. However, the transition to new technologies has not been without challenges and kinks, especially with consumer sentiment in the EV sector, according to the Annual Mobility Survey by the respected McKinsey & Company consultancy. Respondents came from China, Europe, and the United States. The 2025 survey released today is ongoing. It will eventually include respondents from nine countries [an unknown number of which Trump wants to takeover – AutoCrat].

“After rising rapidly for years, EV sales growth has slowed in many regions. Meanwhile, new competitors, especially those from China, are entering the EV market and attracting attention by offering innovative and technologically-sophisticated vehicles that are often more affordable than offerings from incumbents,” according to the detailed, multi-sourced McKinsey analysis.* Continue reading →

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California Continues Expanding ZEV Programs

Posted on 24 April 2025 by Ken Zino

The State of California has awarded $500 million to school districts and other educational agencies to buy zero-emission school buses and chargers. Zero-emission school buses are part of the state’s relentless move to a clean-energy future and lead to better health for students and communities. California’s transition to zero-emission transportation is also accelerating with support from the state’s Clean Truck and Bus Voucher Incentive Project (HVIP). Funded primarily with proceeds from the Cap-and-Trade Program, HVIP underwent 177% year-over-year growth in 2024. This February, more than 200 HVIP-funded zero-emission trucks and buses were deployed with $31 million in incentives. The incentive program is a collaboration between the California Air Resources Board (CARB)* and the California Energy Commission (CEC), and is administered by CALSTART, a non-profit transportation organization. Continue reading →

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CARB – More E-Bike Vouchers Coming

Posted on 10 April 2025 by Ken Zino

The California Air Resources Board (CARB) said today it will open its second application window for income-eligible Californians to receive up to $2000 toward the purchase of a new electric bike (e-bike) through the California E-Bike Incentive Project on April 29 at 5 p.m. Applications will be taken through an online portal. The December 2024 launch of the voucher program was completed in less than an hour due to high demand. At one point the online queue had nearly 100,000 people waiting, and it closed once 1500 applications were reserved.

“The unprecedented interest in the vouchers shows there is a big need and strong interest in electric bikes in California,” said Dr. Steven Cliff, CARB executive officer. “The growth of this technology is an important part of our efforts to make zero-emission transportation options available to all Californians.” Continue reading →

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Trump Tariff Chaos – Latest CAR Analysis is Grim

Posted on 10 April 2025 by Ken Zino

The Center for Automotive Research (CAR) released today a new analysis of the impact of potential tariffs on imported auto parts and light vehicles. It tackles what impact will a uniform 25% tariff on all trading partners have on the automotive industry overall?

“The analysis emphasizes the complexity of the modern automotive supply chain, noting that ‘the modern automotive supply chain is both global and complex, convoluting the seemingly simple question of the cost of 25% tariffs on the industry,’ and that ‘automakers and their suppliers are often multinational companies with facilities spread out across the world,’ making it difficult to discern how much of a vehicle is domestically produced,” said Dr. K. Venkatesh Prasad, Senior Vice President of Research and Chief Innovation Officer at CAR Continue reading →

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Hino Motors Fined $1.6B for Emissions Fraud

Posted on 21 March 2025 by Ken Zino

The U.S. Environmental Protection Agency (EPA) and the Department of Justice (DOJ) have announced that U.S. District Court Judge Mark A. Goldsmith for the Eastern District of Michigan has accepted Hino Motors, Ltd.’s guilty plea to a one-count criminal information charging it with having engaged in a multi-year criminal conspiracy to defraud both the United States government and American consumers and illicitly smuggle goods into the country. Continue reading →

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ZEV Truck Adoption Stalled by Costs

Posted on 18 March 2025 by Ken Zino

Cutting the total cost of ownership could boost the transition to zero-emission truck fleets. A new study released by the respected McKinsey & Company counsultancy observes that the total cost of ownership (TCO) for ZEVs remains significantly higher than that of internal combustion engine (ICE) vehicles. The TCO gap ranges between 30% and 50% compared to ICE vehicles running on dirtier diesel fuel. Continue reading →

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Trump Tariffs – His Next Economic Catastrophe

Posted on 4 March 2025 by Ken Zino

Shoot from the lip President Trump, aka Calamity Donald, today imposed tariffs of 25% across North America disrupting the North American auto market that has thrived on 30 years of free trade. Any new tariffs in place for any significant length of time will be disruptive. The tariffs at 25% are significantly higher than the profits made by the automakers and their suppliers. It is widely – if not universally – held by economists that this is an economic disaster. Continue reading →

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FAA to Increase Air Traffic Controller Trainee Hiring

Posted on 27 February 2025 by Ken Zino

U.S. Transportation Secretary Sean P. Duffy today announced a new plan to increase the hiring of air traffic controllers. This announcement followed a tour of the Federal Aviation Administration’s (FAA) Academy at the Mike Monroney Aeronautical Center after a series of disastrous and fatal incidents under the unfriendly skies of Trump 2.0.

“Today’s visit reaffirmed how being an air traffic controller is one of the best, most rewarding jobs in America, and that the next generation at the Academy is the best in the world. I witnessed firsthand the dedication, skill, and rigor that our future air traffic controllers bring to their training and the urgent need to do all that we can to recruit more people to join in our shared mission of safety in our skies,” said U.S. Transportation Secretary Sean P. Duffy. Continue reading →

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Toyota Develops New 3rd Gen Fuel Cell System

Posted on 14 February 2025 by Ken Zino

“The all-new 3rd Gen FC System is designed to meet the particular needs of the commercial sector with the same durability as conventional diesel-powered engines. Additionally, the new system features significant improvements in performance, including fuel efficiency and a significant reduction in costs compared to the prior version. In addition to passenger vehicles, the 3rd Gen FC System will be expanded for use in heavy-duty commercial vehicles, and is planned for introduction in markets mainly in Japan, Europe, North America, and China after 2026 at the earliest,” Toyota said. Continue reading →

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Penske Automotive Group Posts Record Q4 Revenue of $7.7B

Posted on 13 February 2025 by Ken Zino

“I am pleased with our financial performance during the fourth quarter. Revenue increased 6% to $7.7 billion, a quarterly record. New and used automotive gross profit per unit retailed remained strong, including a $74 per unit sequential increase in new vehicle gross profit per unit retailed when compared to the third quarter of 2024, and same-store service and parts revenue and gross profit increased 7% and 9%, respectively,” said Chair Roger Penske.
The Company’s Board of Directors has approved a quarterly dividend of $1.22 per share, representing an increase of 2.5%, or $0.03 per share. This represents the Company’s 17th consecutive quarterly increase. The dividend is payable March 6, 2025, to shareholders of record as of February 24, 2025.
Continue reading →

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Global Warming – U.S. Lags on EV Truck Battery Swapping

Posted on 10 February 2025 by Ken Zino

China is currently the largest market for deploying battery swapping trucks, The American Council for an Energy-Efficient Economy* said this morning in a well-researched and extensive analysis of zero-emission truck strategies. In 2023, 14% of all zero-emissions heavy-duty vehicles sold (12-month average) in China were swap-capable (Jin and Mao 2024). Tractor-trailers and dump trucks were the main applications for battery swap-capable HDVs. In China, 50% of zero-emissions tractor-trailers and 53% of zero-emissions dump trucks sold in 2023 were swap-capable.

Battery swapping is also emerging in other international markets. Janus Electric, an Australian manufacturer, advertises ranges of around 250 – 370 miles for its HDV technology that allows for battery swapping. In Japan, Ample, Inc., an American-based battery swapping company focused on light- and medium-duty electric vehicles serving shorter ranges, and Mitsubishi Fuso is piloting its technology with Mitsubishi’s light-duty eCanter electric truck using Ample’s battery swapping technology The pilot will test battery swapping for shorter driving ranges (~62-200 miles) in an urban environment. Continue reading →

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Hybrid Crossing Beacons Often Ignored by Pedestrians

Posted on 22 January 2025 by Ken Zino

Traffic signals known as pedestrian hybrid beacons (PHBs) allow walkers who need to cross a busy road to evoke a stoplight by pressing a button. However, while the devices are great at getting drivers to yield, many pedestrians don’t bother to activate them before crossing, a new study from the Insurance Institute for Highway Safety shows. Pedestrians are more likely to activate rectangular rapid flashing beacons (RRFBs), even though they’re less effective at getting drivers to stop.

“It’s well-documented that both of these common pedestrian warning signals make drivers more likely to yield and allow walkers to cross the street safely,” said IIHS President David Harkey. “But they can only do that if pedestrians push the button to activate them. This study offers valuable lessons for how we can make that more likely.” Continue reading →

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