Category Archives: mobility company

Groupe Renault and Faurecia to Work on Hydrogen Storage

Hydrogen, of course, is central to an ongoing energy transition toward zero-emissions mobility. Fuel cell electric vehicle technology will be significant in the powertrain and vehicle mix by 2030 promoted or demanded by government regulations, taxpayer subsidies and the growing realization that Global Warming is a significant health and economic threat. Continue reading

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Canadian GM Engineers Can Now Develop Advanced Vehicles on the CTC McLaughlin Advanced Technology Track

The 55-acre operation on the southern-end of the Oshawa Operations expands GM’s Canadian technology footprint to four sites. With campuses in Markham and Oshawa and the Kapuskasing Proving Grounds in northern Ontario, the CTC has grown to become the largest software engineering and development centre for GM outside the U.S. Continue reading

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General Motors Posts 2020 Earnings of $6.4 Billion. Q4 at $2.8B

GM Financial reported record full-year EBT-adjusted of $2.7 billion. GM North America posted full-year EBIT-adjusted of $9.1 billion, and EBIT-adjusted margin of 9.4%. GM International lost money at a full-year EBIT-adjusted of $(0.5) billion with China Equity Income of $0.5 billion. Cruise struggled with a full-year EBIT-adjusted loss of $(0.9) billion. Continue reading

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Daimler to Spin-Off Daimler Truck into Separate Company

Actually, current Daimler shareholders will be Mercedes-Benz holders since the Daimler name will be recast as Mercedes-Benz at “the appropriate time.” Both companies, whatever they are called, are in mobility industries that are facing disruptive technological and structural changes that threaten survival. Continue reading

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Ford Picks Google over Apple for Connected Vehicle Offerings

This raises yet again privacy concerns and who owns and can sell your personal information.  The Pew Research Center notes that a digitally networked society runs on, well, quid pro quos. In this non-impeachable case, people exchange details about themselves and their activities for services and products on the web or apps. Continue reading

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Fiat Chrysler Automobiles, ENGIE EPS JV to Explore e-Mobility

The problem is that China, the world’s largest auto market, has locked in supplies of the materials needed to make advanced batteries, and through regulatory policy and other incentives is leading the way on the conversion to electric vehicles. The intellectual property battles will eventually commence AutoInformed predicts. Continue reading

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Honda’s New Mobility Business – Cruise to Send First Self-Driving Vehicles to Japan for Testing

This, admittedly small but symbolic milestones, is a direct result of the development and commercial agreements signed in October 2018. Continue reading

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GM, Cruise, Microsoft to Commercialize Self-Driving Vehicles

Microsoft will join General Motors, Honda and institutional investors in a combined new equity investment of more than $2 billion in Cruise, bringing the post-money valuation of Cruise to $30 billion. Founded and headquartered in San Francisco, Cruise’s stated goal is to build the world’s most advanced self-driving, all-electric, shared vehicles. GM will launch 30 new electric vehicles globally by 2025. Continue reading

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GM to Make CAMI a Commercial Electric Vehicle Plant

This investment and Canadian workforce will make CAMI into Canada’s first large-scale auto plant converted to produce electric delivery vehicles. GM says work begins immediately to transform the CAMI over the next two years from Chevrolet Equinox production to the production of EV600s, to serve the growing North American market for electric delivery solutions. Continue reading

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BrightDrop? General Motors New Business Claims It Will Electrify, Improve Goods and Services Delivery

BrightDrop introduces GM’s Ultium platform to the commercial vehicle segment and has Level 2 and DC fast charging capabilities. FedEx Express will be the first customer of BrightDrop. An EP1 pilot program has been completed in partnership with FedEx Express. During the pilot, FedEx Express couriers were able to handle 25% more packages effectively and safely per day with the EP1s. FedEx couriers said that the EP1s were easy to maneuver and reduced physical strain. Continue reading

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Alexa Voice Now Available on FCA’s New Fiat 500 EV

The launch Alexa on the Fiat 500 continues a global collaboration between FCA and Amazon. FCA customers were initially introduced to Alexa through FCA’s custom Alexa Connected Car Skills, including MyJeep and MyAlfa, which allows customers with Alexa-enabled devices at home to easily ask Alexa to check the battery level of the car, lock/unlock doors, among other trifles. The integration of Alexa on the Uconnect Services suite “deepens the experience by bringing Alexa into the vehicle itself” claims FCA. Continue reading

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Lyft and Motional to Deploy Fully Self-Driving Vehicles in 2023

Lyft with abundant self-interest and General Motors backing claims a rideshare network is “vastly important to making AVs become a reality.” This thesis in search of proof will balance AVs operating on Lyft’s network with human drivers and other options including bikes, scooters, and transit.  Lyft claims it can ensure riders always have reliable transportation options regardless of where they need to travel. Lyft also claims that riders want a ride to arrive within minutes of requesting one and it’ll take years for AVs to reach the scale and technological sophistication needed to meet this service level for all ride scenarios. Rideshare networks might be where riders experience self-driving technology for the first time. Continue reading

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Toyota to Cut AA Shares for Sustainable Development

If the transaction proceeds, shareholders who by exercising their voting rights to a “high degree” have actively participated in the management of TMC will no longer be of concern to TMC management. Environmental, social and corporate governance issues – so-called ESGs – are at the heart of a growing movement to measure the sustainability and societal impact of an investment in a company or business. The theory – yet to be convincingly proven in AutoInformed’s view – is that this will help predict the future financial performance of companies. Continue reading

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Japan Hydrogen Association Bolstered by Toyota Membership

JH2A says that it will work with various stakeholders to ensure Japan continues to lead the world in the use of hydrogen, which is expected to play a central role in combating global warming. Continue reading

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J.D. Power Completes ALG Acquisition

The money involved right now is breathtaking. Determining an accurate residual value –  the value of a vehicle at the end of a lease term is the underpinning of auto leasing because it allows dealers and manufacturers to set the most competitive lease terms today, while protecting their profits tomorrow. About one-third of new vehicles sold each year are leased, typically for a three-year term. At any point in time, the value of vehicles in outstanding lease portfolios is estimated at $500 billion by Power. Continue reading

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