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Tesla is fighting the rest of the autoindustry in the US over respecting the Corporate Average Fuel Economy (CAFE) requirements set back in 2016. more… The post Tesla is fighting the autoindustry over fuel economy standards appeared first on Electrek.
A123 Systems has expanded its business development partnership with IHI Corporation, one of the largest industrial equipment manufacturers in Japan. —Taizo Suga, Associate Director, General Manager, Corporate Development Division at IHI. In addition, IHI will make a $25 million equity investment in A123.
Japan’s autoindustry must succeed in building passenger vehicles. To this end, manufacturers must participate in auto-racing to test their vehicles’ durability and performance and display their utmost performance. —Kiichiro Toyoda, Founder of Toyota Motor Corporation (March, 1952).
More than 1,000 subscribers to WardsAuto responded to the survey designed to identify challenges and trade-offs associated with meeting 2025 CAFE (corporate average fuel economy) standards.
Development of automated driving (AD) technologies continues at a brisk pace in 2020 with more than 70 companies including legacy automakers, suppliers, startups, and technology companies new to the autoindustry involved. Renesas Electronics Corporation. Navigant’s top-10 ranking for AD compute platforms: NVIDIA. AImotive.
Specifically, the firm estimates US auto sales will reach just 12.7 AlixPartners also estimates that on-going unemployment and underemployment could cost the autoindustry up to 1.5 million units in 2011 and only 13.6 million in 2012. million units in lost vehicle sales this year.
It reads: In 1997 Toyota Motor Corporation developed the worlds first mass-produced hybrid vehicle, the Toyota Prius, which used both an internal combustion engine and two electric motors. This vehicle achieved revolutionary fuel efficiency by recovering and reusing energy previously lost while driving.
Based on the results of the study, CAR believes the economic risk to the autoindustry connected to mandating permanent fuel economy standards in the long run is “ very serious ” The group recommends periodic review to assess the rate of technology development and cost reduction of advanced technologies leading up to 2025.
A newly-released report by the Center for Automotive Research (CAR) concludes that the automotive industry is not only “high-tech,” it is frequently a leader in technological developments and applications. Additionally, the autoindustry provides 16% of total worldwide R&D funding for all industries. Click to enlarge.
The full list of US DRIVE partners includes: Autoindustry: United States Council for Automotive Research LLC (the collaborative research company for Chrysler Group LLC, Ford Motor Company, and General Motors) and Tesla Motors.
However, the flurry of announcements from the OEMs could also be interpreted as a high-stakes game of one-upmanship or a corporate PR exercise to boost investor confidence. Nevertheless, the investment announced remain important for automakers from a perspective of sustaining the ongoing disruptions in the automotive industry.
Stellantis appears to be strengthening its ties in China’s automotive industry. Stellantis recently repurchased €934 million in shares from Chinese auto company Dongfeng as per a pre-existing share repurchase framework. Dongfeng Motors Corporation Ltd. is a state-owned automobile manufacturer headquartered in Wuhan, Hubei.
Other investors include the University of Michigan, Michigan Economic Development Corporation and the US Department of Energy. This is sorely needed, and no one else in the autoindustry has anything like it. Ford, the only automaker to invest in the facility, contributed $2.1 —Ted Miller.
A new round of investment that electric truckmaker Rivian announced Tuesday brings the company even farther into uncharted territory for the autoindustry.
Ford plans to survey 35 top global suppliers on their energy use and estimated greenhouse gas emissions as part of a broader effort to reduce carbon emissions within the autoindustry. Ford is also working with the Automotive Industry Action Group in developing guidelines for measuring supplier emissions.
Administrator Pruitt also announced the start of a joint process with the National Highway Traffic Safety Administration (NHTSA) to develop a notice and comment rulemaking to set revised GHG emissions standards and Corporate Average Fuel Economy (CAFE) standards. The Obama Administration’s determination was wrong. This decision takes the U.S.
For some companies in the autoindustry, building cars to hit a target of 54.5 But to others, the EPA''s Corporate Average Fuel Economy targets agreed in 2011 aren''t simply achievable by that date, but could be reached today--and with today''s technology. mpg by 2025 may seem like a near-impossible task.
The goal of USCAR is to further strengthen the technology base of the domestic autoindustry through cooperative research and development. Formed in 1987, the Auto/Steel Partnership is a consortium of Steel Market Development Institute’s Automotive Applications Council, Chrysler Group LLC, Ford Motor Co. and General Motors Co.
Leading closed-loop recycling: being the first in the autoindustry to set a recycling objective and adopt a comprehensive closed-loop recycling scheme, including steel, aluminum and plastic. Nissan said it will also provide a second-life energy storage system with used EV batteries through the 4R business.
South 8 Technologies, a developer of electrolyte formulations for next-generation lithium batteries, has raised $12 million in Series A financing, led by Anzu Partners with participation from LG Technology Ventures, Shell Ventures, Foothill Ventures, and Taiyo Nippon Sanso Corporation (TNSC).
The goal of USCAR is to further strengthen the technology base of the domestic autoindustry through cooperative research and development. Founded in 1992, USCAR is the collaborative automotive technology company for Chrysler Group LLC, Ford Motor Company and General Motors.
But the lines are getting blurry, with corporate actors and the federal government seemingly at odds with the rights of ordinary people. Still, there needs to be a discussion about who has the right to control that data and what exactly constitutes ownership. Having purchased a product seems as though it should be the threshold.
Toyota Motor Corporation Australia Limited (TMCA) has begun production of the Camry Hybrid in Australia; the line-off ceremony was attended by Australia Prime Minister Kevin Rudd. Toyota Australia will be only the fifth country in the world that produces hybrid vehicles and that makes me proud of Australia.
Eaton Corporation’ superchargers will make their debut in China on selected new engines on three vehicle models from Chery Automobile Co., Fuel savings and emission reduction are the new themes for China’s autoindustry. the country’s leading independent automaker: Chery 1.6S Tiggo, 1.3S A3 and Riich 1.3S Eaton supercharger.
As Automotive News pointed out, Mitsubishi isnt exactly a corporate behemoth on its own. The automaker sells fewer than one million vehicles annually worldwide, making it a sort of also ran in the countrys autoindustry.
The sale of Nexteer to PCM supports our objective to focus on our core auto business and is the final step in our efforts to position Nexteer as an independent supplier. The sale better enables Nexteer to take advantage of anticipated growth in the global autoindustry with a variety of automakers.
Wu co-founded GSR Ventures in 2004, following a series of senior-level positions with Nortel Networks, Shanghai ASMC, Shanghai Nortel Semiconductors Corporation and Guangdong Nortel Telecom Corporation. CEO, Protean Electric and a 32-year autoindustry veteran responsible for the development and production of the GM EV-1.
The last tenant of the 107,000-square-foot property was Mexican Industries, which made plastic moldings for the autoindustry until filing for bankruptcy in 2001. The funding includes $10 million from the Michigan Economic Development Corporation and an additional $10 million from the state of Ohio.
EcoMotors International, a Khosla-funded startup working to commercialize a diesel opoc (opposed-piston, opposed-cylinder) engine ( earlier post ), has named autoindustry veteran Donald Runkle as its new CEO. EcoMotors was founded in 2008 by Prof. Don Runkle.
Big guns in the US autoindustry like General Motors and Chrysler may still be reeling from the credit crunch, but upstart electric vehicle manufacturer Tesla Motors has achieved overall corporate profitability in July.
Through this new JV, Ford commits to actively support the advancement of a more environmentally sustainable autoindustry in China through local research and development as well as domestic production of all-electric vehicles. Zotye Auto is a pioneer in the Chinese all-electric vehicle segment. and Jiangling Motors Corporation.
A couple years ago, the EPA announced the first changes in its Corporate Average Fuel Economy (CAFE) standards in more than a decade. Many inside and outside the autoindustry questioned whether it could be done. Since then.
American Honda Motor has introduced a Class 8 hybrid diesel electric truck into its truck fleet at its parts center in Alpharetta, Ga—the first such in the autoindustry. The hybrid truck uses a parallel diesel-electric hybrid system developed by Eaton Corporation. Testing and evaluation will take place over the next year.
Industry officials expect that this $2.4 billion in cost-share from the award winners, will result directly in the creation tens of thousands of manufacturing jobs in the US battery and autoindustries. General Motors Corporation. General Motors Corporation. KEMET Corporation. Brownstown, MI. Technology.
Some are valid, some are idiotic, and some simply betray a lack of knowledge about how the autoindustry really works. Colton, ExxonMobil’s vice president for corporate strategic planning. It's always good to hear the arguments against electric cars. Into that last category may go some comments by one William M.
comes on the heels of the company’s announcement last week of a manufacturing joint venture with Wanxiang Corporation, the largest tier-one supplier to the Chinese autoindustry. The new equity injection for Ener1, Inc. Earlier post.).
The lobbyists for automakers have made their views on Corporate Average Fuel Economy (CAFE) standards through 2025 quite clear. The majority of carmakers would prefer to see those standards relaxed, delayed or altered. Today, they call for a fleet average of 54.5 mpg (or about 38 mpg on window stickers) for vehicles sold in the U.S.
will change its name to General Motors Company and continue to operate under GM’s historic corporate and sub brands. The current General Motors Corporation will change its name to Motors Liquidation Company. The retiree benefits trust has selected seasoned autoindustry analyst Stephen Girsky.
The past couple of years, autoindustry headlines have focused on 2025 and its high benchmarks for corporate average fuel economy. But there's a nearer-term deadline that's fast approaching, and it comes with its own set of emissions and fuel-economy standards.
Adopting an open source approach to software development is a key part of our technology strategy and will help us to keep pace with the rapid advances happening across the autoindustry. —Hisanori Takashiba, Executive General Manager of Research & Development at Suzuki Motor Corporation.
Suzuki Motor Corporation (Suzuki) and Toyota Motor Corporation (Toyota) have agreed to start exploring ideas that are directed towards a business partnership.
Power Air Corporation had earlier secured a license; that license agreement terminated in November 2009. ZAI is the second company to license the LLNL ZAFC technology. Power Air says it is moving ahead with its own ZAFC design. In truth, new technology often matures in fits and starts over decades.
It is idiotic if conventional wisdom to suggest anti-corporate crusader Ralph Nader has it in for the automakers, but quite another to label Reaganaut and hardline conservative Gaffney anti-business. autoindustry. The Detroit Free Press story headline tells the tale: House talk on plug-in cars erupts Mich.
Employers (3 major corporations) provide work-place charging (25 park/charge spots) and employee vehicle purchase incentives (add’l $2,500/vehicle); Commit/fund corporate fleet purchases (25 vehicles). Large local employers (as early adopters). Local Universities. Earlier post.). Ed Peper, GM North America vice president, Chevrolet.
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