Nissan Motor (7201T. NSANY ADR) and Mitsubishi Corporation (8058.T) have signed a memorandum of understanding (MoU) 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. They are applicable globally. 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. (read Ken Zino of AutoInformed.com on Honda and Nissan Sign MoU for EV Technology Sharing, Renault and Nissan, Mitsubishi Alliance to Restructure; Chinese Auto Market is Flying High – Exports a Threat) Continue reading







Another Tesla Software Recall – Pedestrian Warnings
Tesla (NASDAQ: TSLA) is recalling 2013, 2018-2021 Model S, 2020-2021 Model X, 2018-2022 Model 3, and 2020-2022 Model Y vehicles, according to documents released this morning by the National Highway Traffic Safety Administration. A factory reset over the air (OTA) muted the Pedestrian Warning System (PWS) sounds. As such, these vehicles fail to comply with the requirements of Federal Motor Vehicle Safety Standard number 141, “Minimum Sound Requirements for Hybrid and Electric Vehicles,” which could increase the risk of collision.* This comes after Tesla said it will raise prices of its Model Y vehicles by €2000 (~$2200) in some European countries on 22 March. Tesla announced last Friday that prices for all US Model Y cars increase by $1000 on 1 April, aka Fool’s Day.
Recalled Tesla models have an Intel Infotainment processor and are or were operating a software release version from 2023.32 up to but excluding a software release with the remedy, when the vehicles received a factory reset. Tesla released an over-the-air (OTA) software update, release 2023.44.30.14, free of charge as required by the Federal Motor Vehicle Safety Act. Continue reading →