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Tag Archives: S&P Global Mobility
Automakers Rapidly Increasing EV Prices
AutoInformed thinks two factors are in play here: First demand for EVs is strong, particularly among affluent buyers. Second, EVs are more costly to develop and batteries are still expensive and the covid pandemic supply chain interruptions are making them scarce. One click bait headline had it that “EVs are Bringing Out the Worst in Us” because, among other things, a Hummer EV battery pack weighs as much as a Honda Civic. It consumes minerals that could otherwise be used to build several electric-sedan batteries or hundreds upon hundreds of e-bike batteries. Perhaps such thinkers are unaware of the ongoing mood amongst that tawdry cast of Capital characters along the banks of the Potomac who will not legislate SUVs and Pickup trucks out of existence. Yes, there is a Santos clause and his party wants to legislate the government out of business. Continue reading
Autonomous Vehicles – Skepticism Rules Consumers
Virtually all automakers now have some type automated driving system categorized as Level 2 or Level 2+ on the SAE Autonomous Driving Levels standard. These include General Motors’ Super Cruise; Tesla Autopilot; and numerous Mercedes, BMW and Stellantis systems in Europe and Nio in mainland China. More options are becoming obtainable each year.
“The choice between Level 3 automation [conditional] and Level 2/Level 2+ systems [partial automation] often divides the industry, resulting in notable differences in strategies among autonomous vehicle companies,” said Vivek Beriwal of S&P Global Mobility, a distinct part of S&P Global. “A key assumption of Level 3 systems is that the automaker assumes liability for its safe operation in “autonomous mode.” This has caused some automakers to focus on expanding functionality within Level 2+ while delaying any potential Level 3 upgrades,” Beriwal observes. Continue reading →