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Release Time:2024-03-27

Automakers score victory as Energy Department weakens EV mileage rule

Automakers and the United Auto Workers union had lobbied DOE to soften its original petroleum equivalency factor rule. They argued that more aggressive targets would have required them to sell more EVs to meet stricter federal fuel economy standards amid uncertain demand, making it impossible to comply. Environmental groups, including the Natural Resources Defense Council and Sierra Club, asked the Biden administration for stricter MPGe standards in 2021, which had not been updated since 2000. “The automakers’ free ride is over,” said Pete Huffman, senior attorney at NRDC, in a statement. “This important update from the Department of Energy will curtail automakers’ use of phantom credits they used to keep selling gas guzzlers. They now need to hit the accelerator on more fuel-efficient vehicles, saving consumers money at the pump.”     The Department of Transportation uses DOE’s petroleum equivalency factor to calculate MPGe and CAFE, which averages the fuel economy of all v...
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Release Time:2024-03-27

GKN Automotive to shutter North Carolina facility

GKN Automotive’s former parent company, Melrose Industries, formed a new public company dubbed Dowlais. Melrose completed its demerger in April 2023, spinning off GKN Automotive, GKN Powder Metallurgy and GKN Hydrogen under Dowlais, while GKN Aerospace remains under Melrose Industries. Dowlais is independent from Melrose.     “We have a clear strategy to create value for our stakeholders by: delivering industry leading financial performance; facilitating the world’s transition to electric vehicles through a portfolio of cutting-edge products; and accelerating growth through a disciplined M&A strategy,” Dowlais CEO Liam Butterworth said in an April 2023 press release. The Timberlake facility is the second North Carolina site GKN Automotive closed in the past year. The auto parts maker closed its facility in Sanford in March of last year, according to a WARN Act post.
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Release Time:2024-03-27

Volkswagen, Mobileye expand autonomous driving collaboration

For legacy automakers, collaborating with tech companies like Mobileye can speed up the development and rollout of software-powered technology, including more advanced automated driving systems. Just one in four automakers are fully prepared for software-defined vehicles, according to an AlixPartners survey in January. The same report found that Tier 1 suppliers must adapt to automakers’ needs as the industry pivots to building more software-defined vehicles. The Volkswagen Group has collaborated with Mobileye, owned by chipmaker Intel Corp., on autonomous driving technology since 2018. The technology supplier specializes in computer vision processing for highly automated driving functions and vehicle advanced driver assist systems, such as automatic emergency braking and lane centering control.     As the companies develop more advanced driving systems, Mobileye will provide the automaker with production-ready technologies, including Level-2 automated driving capabilities. ...
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toodudu
Release Time:2024-03-27

Stellantis to cut 400 engineering, technology jobs

Stellantis plans to cut about 400 jobs among its nonunion engineering and software staff in the United States. The company provided a statement Friday that suggested a challenging industry picture as the reason. It said the cuts, which are separate from other reductions affecting union-represented workers announced in recent months, would be effective March 31. Stellantis owns the Jeep, Ram, Chrysler, Dodge and Fiat brands.     “As the auto industry continues to face unprecedented uncertainties and heightened competitive pressures around the world, Stellantis continues to make the appropriate structural decisions across the enterprise to improve efficiency and optimize our cost structure. After rigorous organizational reviews, Stellantis confirms that we will reduce our engineering/technology and software organizations by about 2% in the U.S.,” according to the statement provided by spokeswoman Jodi Tinson.
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Release Time:2024-03-27

China to challenge Biden’s electric vehicle plans at the WTO

BEIJING — China filed a World Trade Organization complaint against the United States on Tuesday over what it says are discriminatory requirements for electric vehicle subsidies. The Chinese Commerce Ministry did not say what prompted the move. But under a new U.S. rule that took effect Jan. 1, electric car buyers are not eligible for tax credits of $3,750 to $7,500 if critical minerals or other battery components were made by Chinese, Russian, North Korean or Iranian companies. The credits are part of President Joe Biden’s signature climate legislation, named the 2022 Inflation Reduction Act.     A ministry statement did not mention the specific restriction. It said, though, that under the act and its implementing rules, the U.S. had formulated discriminatory subsidy policies for new energy vehicles in the name of responding to climate change. It said the U.S. move excluded Chinese products, distorted fair competition and disrupted the global supply chain for new energy vehi...
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Release Time:2024-03-27

Localization of EV parts without production scalability may not help cut EV price, says President, Amara Raja

New Delhi: Electric vehicles (EVs) are considered to be the future ofmobility, though certain stumbling blocks are keeping most people awayfrom them. According to the Vahan data, EV sales rose by 82% in March2023 YoY to 1.3 lakh units. In 2024, the overall EV sales are expected toslow down according to recent studies. Several factors have collectively contributed to the change in consumerpreference from ICE to EVs. Some of these factors include: increasedavailability of EV charging infrastructure, lower maintenance cost ofEVs, new technology, etc.     The maintenance cost of EVs is less than that of ICE vehicles, though thecost ofreplacement of parts in EVs is higher. This increased cost is dueto expensive components used like batteries, motors, and many more.Batteries in EVs which account for almost 50% of cost make themcostlier than the conventional ICE vehicles. Thus to tone down the EVprice, battery cost reduction is inevitable. Indigenization a way to curb high EVprices...
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toodudu
Release Time:2024-03-27

Tesla Autopilot and similar automated driving systems get ‘poor’ rating from prominent safety group

NEW DELHI: Tesla’s Autopilot, a suite of self-driving features, has become a major driver for the US electric car maker, now the world’s second-largest electric car maker. In addition to this, Autopilot allows a Tesla to autonomously drive from a highway entry point to an exit point. Tech startup Minus Zero hopes to offer the same functionality in production vehicles within the next 2.5 to 3 years.     “It’s like a highway self-driving system. You can do anything on the highway from start to finish, but given the regulations we have in the country right now, the driver needs to be there,” said Negative Zero co-founder and chief operating officer officer Gursimran Kalra told ETAuto. The claimed “best part” of the system is that it also works in Indian driving environments with potholes or no lane markings. The system will allow hands-free driving on highways, but the driver will have to take control of the vehicle in situations such as left/right...
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Release Time:2024-03-27

JCTSL may turn bus stands into charging points for e-buses

Officials of the Jaipur City Transport Services Limited (ICTSL) aremulling a proposal of the Traffic Control Board of the JaipurDevelopment Authority (JDA) to convert a few of the bus stands intocharging units for e-buses. The state government is all set to procurearound 500 e-buses, majority of which would ply on Jaipur roads.     “Most bus stands of the city are lying unutilized. On the other hand, weneed one or two charging points on all roads where our buses ply. So, inthe last TCB meeting it was proposed to convert a few of the bus standsor a portion of these buses into charging units for the e-buses,” said aJCTSL official. Officers claimed, once the corporation starts procuring e-buses it wouldinstall charging units at all the depots so that buses can be charged whennot in use. Still, they need at least one or two units of all roads whereJCTSL’s buses ply- depending on the number of buses plying on thatparticular road – for emergency. “We had started proces...
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toodudu
Release Time:2024-03-27

First drive: BMW iX2 becomes the coupe-SUV it was always meant to be

The first BMW X2 didn’t really fit the mould. For starters, it was smaller than the X1, despite occupying a larger number in BMW’s model hierarchy. In BMW’s world, where the X4 is a coupe version of the X3 and the X6 is a coupe version of the X5, the X2 was more like a chubby version of the 1 Series hatchback and not a sleeker alternative to the mightily popular X1 SUV. For the second generation, the new X2 is visually a much stronger relation to the X1. It shares a familiar imposing front end, functional interior and powertrains, with the rear-end providing the major difference.     That’s right. BMW has now aligned the X2 properly against the X1, so it has a sloping roofline and more athletic proportions. While these pricier coupes only sell a fraction of the volumes their SUV counterparts achieve, there’s undeniably a growing trend towards this bodystyle. Peugeot has just redesigned its popular 3008 with a sleeker silhouette. This review is centred on the electric iX2, wh...
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toodudu
Release Time:2024-03-27

Hyundai to reduce network partners as part of “future proofing” plan

Hyundai has confirmed to AM it will be reducing the number of partners it works with from 70 to around 55 by 2029 in the UK as part of its” future proofing” plans. The Korean brand said it has worked in partnership with its retail partners to streamline the network, but made it clear that it would not be reducing the overall number of showroom locations, which is currently at 165, as part of these plans. In fact, Hyundai is planning to maintain the number of showrooms across the UK and eventually increase this number to 173 in the future. A third of the network will also be making investments and enhancements to their showrooms “to create a more profitable business proposition which delivers an enhanced retail experience”.     Hyundai said the aim of these improvements is address the long-term sustainability of the relationship with partners, “as well as the experience for customers throughout the sales and ownership journey”. AM understands Hyundai dealers had b...
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