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Tag Archives: battery electric vehicles
Stellantis and CATL JV for LFP Battery Plant in Spain
Stellantis (NYSE: STLA )* and CATL (Shenzhen 300750) today announced they have reached an agreement to invest up to €4.1 billion to form a joint venture that will build a large-scale European lithium iron phosphate (LFP) battery plant in Zaragoza, Spain. Designed to be carbon neutral, the battery plant will be implemented in several phases and investment plans. The transaction is expected to close during 2025 and is subject to customary regulatory conditions.
“Stellantis is committed to a decarbonized future, embracing all available advanced battery technologies to bring competitive electric vehicle products to our customers,” said Stellantis Chairman John Elkann. “This important joint venture with our partner CATL will bring innovative battery production to a manufacturing site that is already a leader in clean and renewable energy, helping drive a 360-degree sustainable approach. I want to thank all stakeholders involved in making today’s announcement a reality, including the Spanish authorities for their continued support.” Continue reading
Posted in connected vehicles, environment, fuel economy or emissions, global warming, manufacturing, news analysis, shows and events
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, battery electric vehicles, CATL, John Elkann, Ken Zino, lithium iron phosphate, Robin Zeng, Stellantis, X @KenAutoinformed, Zaragoza Spain
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Fuel Cell Electric Vehicles – Japan vs Korea
“This rivalry is more than a market battle – it’s a bid for energy independence and environmental sustainability. FCEVs (fuel cell electric vehicles) offer several advantages over traditional fossil-fuel vehicles and even BEVs (battery electric vehicles), such as longer range and faster refueling, making them a potentially transformative solution, especially for long-haul and heavy-duty applications,” GlobalData said. Continue reading
Posted in alternative fuels, auto news, electric vehicles, environment, fuel economy or emissions, global warming, news analysis, public health, transportation
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, battery electric vehicles, FCEVs, fuel cell electric vehicles, GlobalData, hydrogen fuel, hydrogen infrastructure, Ken Zino, X @KenAutoinformed
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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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Automaker Profits Post-Covid Hiding Supplier Weakness
The continued trend delivers a “complex backdrop for an industry committing $526 billion through 2026,” AlixPartners’ analysis finds, to fund the shift to battery-electric vehicles (BEVs). The transition, now taking place amid a weakening economic outlook, could cost automakers and suppliers $70 billion if not effectively managed, the analysis finds. There are several implications for consumers here – not all of them benign. Continue reading
Battery Electric Vehicles – Future or Folly?
Our friends at Consultancy LMC Automotive ask: “What’s next for the automotive industry? A broad question, but the most common answer is likely to be electrification.” Continue reading
Bedfellow Alert! Toyota and Suzuki in India
Since February 6, 2017, when Toyota and Suzuki concluded a memorandum toward business partnership, the two companies have been exploring projects for collaboration. Continue reading
Ford Dropping Car Business – Reallocating $7B in Capital
It’s time for Ford to reorganize yet again. This time around it’s as radical a turnaround plan as ever seen in Dearborn with Ford essentially ceding the car market to other major auto makers and reallocating the $7 billion saved to bets – with wildly uncertain odds – in the connected car and autonomous car areas, as well as the newly emerging interactive road system. Continue reading
Posted in autonomous vehicles, economy, electric vehicles, environment, fuel economy or emissions, news analysis
Tagged autoinformed.com, autonomous vehicles, battery electric vehicles, bevs, connected vehicles, cyber security, FMC CEO Jim Hackett, Ken Zino, silicon valley, smart vehicles and roads
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Hybrid Vehicle Sales Slump! EV Demand Overhyped?
Data continue to show that widely publicized green vehicles, notably hybrid vehicles whose sales are in a slump, and electric vehicles just now starting sales are losing popularity among potential buyers. The latest evidence of a hybrid sales slump comes from CNW Research in a report that suggests consumers are increasingly less willing to spend additional money for a hybrid than a conventional gasoline car or truck of the same size and use. Continue reading
Rising EV Sales Deepen Need for Charging Systems
The global EV charging infrastructure market is set to grow at a compound annual growth rate of 13.6% from 5.8 million units in 2025 to 11.0 million units in 2030, forecasts GlobalData, the respected consultancy. Countries such as the US and China have seen especially fast growth in EV uptake, supported by substantial public investment in charging infrastructure. [This despite the politicization of EVs by the King Trump Administration. Perchance it should be renamed the King Canute Administration. – AutoCrat]
“Global outlook for battery electric vehicles (BEVs) remains strong, supported by increasing consumer uptake, fast-paced technology advances, and supportive government policies. BEV sales are projected to rise significantly, growing the worldwide EV fleet over the coming years in line with existing policy directions and driving higher battery demand. While China continues to lead the market, demand is spreading more broadly, with meaningful growth in both emerging economies and mature markets such as the EU and the UK,” said Rehaan Shiledar, Senior Power Analyst at GlobalData. Continue reading →