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https://www.expansion.com/empresas/motor/2023/10/18/653048f2e5fdeae66f8b4640.htmlSaludos.
Honda Says Making Cheap Electric Vehicles is Too Hard, Ends Deal With GMPosted by msmash on Wednesday October 25, 2023 @12:40PM from the end-of-road dept.The previously announced joint collaboration between Honda Motor and General Motors to develop a platform for affordable electric vehicles (EVs) has been cancelled, the firms said today. Initially publicized in April 2022, the collaboration aimed to produce lower-cost EVs for the North American, South American, and Chinese markets, with the first models expected to roll out in 2027. However, the companies disclosed that they have mutually agreed to disband the project. ArsTechnica:Citar"After extensive studies and analysis, we have come to a mutual decision to discontinue the program. Each company remains committed to affordability in the EV market," Honda and GM said in a joint statement. "After studying this for a year, we decided that this would be difficult as a business, so at the moment we are ending development of an affordable EV," said Honda CEO Toshihiro Mibe in an interview with Bloomberg. "GM and Honda will search for a solution separately. This project itself has been canceled," Mibe said.The now-canceled platform was supposed to use GM's Ultium batteries. GM debuted Ultium in 2020 as its third-generation lithium-ion cell, developed together with LG Chem. At the time, GM CEO Mary Barra said that Ultium cells would drop below the $100/kWh barrier "early in the platform's life." In 2022, the first Ultium-based EVs went into production -- the GMC Hummer EV, the Cadillac Lyriq, and the BrightDrop Zevo 600. Ultium cells were supposedly ready for mass production, but GM and LG Chem are struggling to make that a reality. In July, GM had to idle BrightDrop's production line in Canada due to a shortage of battery cells, and Kelly Blue Book's sales data for the first three quarters of 2023 show that just 6,920 Ultium-based EVs (which include the Chevrolet Blazer and Silverado EV, as well as the Hummer, Lyriq, and BrightDrop van) were delivered to customers.
"After extensive studies and analysis, we have come to a mutual decision to discontinue the program. Each company remains committed to affordability in the EV market," Honda and GM said in a joint statement. "After studying this for a year, we decided that this would be difficult as a business, so at the moment we are ending development of an affordable EV," said Honda CEO Toshihiro Mibe in an interview with Bloomberg. "GM and Honda will search for a solution separately. This project itself has been canceled," Mibe said.The now-canceled platform was supposed to use GM's Ultium batteries. GM debuted Ultium in 2020 as its third-generation lithium-ion cell, developed together with LG Chem. At the time, GM CEO Mary Barra said that Ultium cells would drop below the $100/kWh barrier "early in the platform's life." In 2022, the first Ultium-based EVs went into production -- the GMC Hummer EV, the Cadillac Lyriq, and the BrightDrop Zevo 600. Ultium cells were supposedly ready for mass production, but GM and LG Chem are struggling to make that a reality. In July, GM had to idle BrightDrop's production line in Canada due to a shortage of battery cells, and Kelly Blue Book's sales data for the first three quarters of 2023 show that just 6,920 Ultium-based EVs (which include the Chevrolet Blazer and Silverado EV, as well as the Hummer, Lyriq, and BrightDrop van) were delivered to customers.
@TheStalwartHertz bought a bunch of Teslas, and the economics seem to be kind of terrible for them. The value of the cars has fallen more than they'd expected, and also repair costs for them are higher than for normal ICE cars https://bloomberg.com/news/articles/2023-10-26/hertz-misses-quarterly-profit-estimates-as-its-fleet-costs-rise?sref=vuYGislZ7:07 pm · 27 Oct 2023
Auto Execs Are Coming Clean: EVs Aren't WorkingPosted by BeauHD on Friday October 27, 2023 @10:02PM from the increasingly-tougher-to-sell dept.Amiga Trombone shares a report from Insider:CitarWith signs of growing inventory and slowing sales, auto industry executives admitted this week that their ambitious electric vehicle plans are in jeopardy, at least in the near term. Several C-Suite leaders at some of the biggest carmakers voiced fresh unease about the electric car market's growth as concerns over the viability of these vehicles put their multi-billion-dollar electrification strategies at risk. Among those hand-wringing is GM's Mary Barra, historically one of the automotive industry's most bullish CEOs on the future of electric vehicles. But this week on GM's third-quarter earnings call, Barra and GM struck a more sober tone. The company announced with its quarterly results that it's abandoning its targets to build 100,000 EVs in the second half of this year and another 400,000 by the first six months of 2024. GM doesn't know when it will hit those targets.While GM's about-face was somewhat of a surprise to investors, the Detroit car company is not alone in this new view of the EV future. Even Tesla's Elon Musk warned on a recent earnings call that economic concerns would lead to waning vehicle demand, even for the long-time EV market leader. Meanwhile, Mercedes-Benz -- which is having to discount its EVs by several thousand dollars just to get them in customers' hands -- isn't mincing words about the state of the EV market. "This is a pretty brutal space," CFO Harald Wilhelm said on an analyst call. "I can hardly imagine the current status quo is fully sustainable for everybody.""It's clear that we're dealing with a lot of near-term uncertainty," said Barra. "The transition to EVs, that will have ups and downs."Toyota Chairman Akio Toyoda said that people are "finally seeing reality" regarding EVs. "I have continued to say what I see as reality," Toyoda, who recently stepped down as Toyota's CEO, said. "There are many ways to climb the mountain that is achieving carbon neutrality," such as hybrids and plug-in hybrids which have long made up a significant share of Toyota's EV sales."The reason (hybrids) are so powerful is because they fit the needs of so many customers," Toyota North America's vice president of sales Bob Carter told CNBC last year. "The demand for hybrid has been strong. We expect it to continue to grow as the entire industry transitions over to electrification later this decade."
With signs of growing inventory and slowing sales, auto industry executives admitted this week that their ambitious electric vehicle plans are in jeopardy, at least in the near term. Several C-Suite leaders at some of the biggest carmakers voiced fresh unease about the electric car market's growth as concerns over the viability of these vehicles put their multi-billion-dollar electrification strategies at risk. Among those hand-wringing is GM's Mary Barra, historically one of the automotive industry's most bullish CEOs on the future of electric vehicles. But this week on GM's third-quarter earnings call, Barra and GM struck a more sober tone. The company announced with its quarterly results that it's abandoning its targets to build 100,000 EVs in the second half of this year and another 400,000 by the first six months of 2024. GM doesn't know when it will hit those targets.While GM's about-face was somewhat of a surprise to investors, the Detroit car company is not alone in this new view of the EV future. Even Tesla's Elon Musk warned on a recent earnings call that economic concerns would lead to waning vehicle demand, even for the long-time EV market leader. Meanwhile, Mercedes-Benz -- which is having to discount its EVs by several thousand dollars just to get them in customers' hands -- isn't mincing words about the state of the EV market. "This is a pretty brutal space," CFO Harald Wilhelm said on an analyst call. "I can hardly imagine the current status quo is fully sustainable for everybody."
https://cincodias.elpais.com/opinion/2023-12-04/tesla-deberia-cavar-la-tumba-de-la-camioneta-cybertruck.htmlSaludos.
Stellantis, lista para introducir las baterías intercambiables en sus coches en 2024El grupo automovilístico se ha asociado con Ample para integrar su tecnología modular de intercambio de baterías en 5 minutos, que se probará primero en su flota Free2move en Madrid.El concepto de las baterías modulares y extraíbles para ser fácilmente reemplazadas por otras cargadas es una idea realmente interesante para recuperar rápidamente la autonomía de los vehículos eléctricos y que no estén fuera de servicio durante horas para cargarse. Sin embargo hasta la fecha solo lo hemos visto en ciertas scooters con sistemas modulares. Esto está a punto de cambiar también en el mundo de los coches eléctricos porque Stellantis está lista para comenzar a implementarlo el próximo año 2024 en sus coches tras haber firmado un acuedo vinculante con la compañía Ample, especializada en el intercambio de baterías en vehículos eléctricos gracias a su tecnología modular (Modular Battery Swapping) que muy pronto comenzará a usarse en algunos modelos del gigante automovilístico, y además comenzará a hacerlo precisamente en España.Estreno primero en Madrid con Free2move