Tag Archives: bevs

PEVE to Become Toyota Battery Company

Posted on 27 March 2024 by Ken Zino

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 →

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Recession? US Consumer Auto Spending at Record Levels

Posted on 24 February 2023 by Ken Zino

Retail sales of new vehicles this month are expected to reach 907,900 units, a 0.1% increase from February 2022. New-vehicle transaction prices continue to rise, with the average price reaching a February record of $46,229, a 4.8% increase from a year ago. Consumers are forecast to spend ~$42.0 billion on new vehicles this month—the most ever for the month of February and an increase of 5.0% from February 2022, as the Biden Administration economic recovery continues. Continue reading →

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University of Michigan, Ford – EV Greenhouse Gas Reductions Greater than Others. Pickups Best Over Their Life Cycle?

Posted on 4 March 2022 by Ken Zino

“This is an important study to inform and encourage climate action. Our research clearly shows substantial greenhouse gas emission reductions that can be achieved from transitioning to electrified powertrains across all vehicle classes,” said study senior author Greg Keoleian, a professor at the U-M School for Environment and Sustainability and director of the U-M Center for Sustainable Systems. Continue reading →

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US Battery Electric Vehicle Market – Progress or Proliferation? Tesla has a 75% Share. Is the Nissan Leaf a Best Buy?

Posted on 11 June 2021 by Ken Zino

The Nissan Leaf was the first modern pure EV when it launched in 2010. Since then the US battery electric vehicle market has added roughly 20 different models with prices ranging from ~$21,000 to more than $160,000. The question for consumers is this progress or just proliferation? Well, as always, it depends on what you consider. Continue reading →

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Ford Dropping Car Business – Reallocating $7B in Capital

Posted on 12 October 2017 by Ken Zino

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 →

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With BMW EV Due, Study Says Range Anxiety Not an Issue

Posted on 15 June 2011 by Ken Zino

One of the observations about the 80 to 100 mile range – that it’s acceptable – challenges conventional wisdom. This will be tested further when the all-electric BMW Active E becomes available in some U.S. markets beginning in late 2011. A two-year lease will be $499 a month with a $2,250 down payment. A series production BMW I3 follows in 2013. Continue reading →

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Hybrid Vehicle Sales Slump! EV Demand Overhyped?

Posted on 8 December 2010 by Ken Zino

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 →

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