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By
Matt Posky on October 28, 2020

Despite governments the world over practically forcing electric vehicles down our collective throat via stringent emission standards, the average person living in North America hasn’t changed their mind on them. According to a recent survey by J.D. Power, the “Mobility Confidence Index” for battery-electric vehicles remains largely neutral.
Even as global lockdowns have made them a more viable option, with more people working from home and driving fewer miles every week, North Americans aren’t budging. In fact, citizens of the United States may actually be turning on EVs while Canadians remain slightly more agreeable — something that probably extends beyond the automotive realm.
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By
Matt Posky on October 23, 2020

Seen by some as a moral imperative, electrification is swiftly changing the dynamics of the automotive industry. While automakers spend billions of dollars developing EVs and securing the necessary partners, many are becoming dependent on a handful of companies in Asia for the all-important battery cells needed to power the damn things. It’s gotten so serious that the U.S. government has taken an interest following a December 2019 report from the Institute for Defense Analyses that claimed battery manufacturers had taken on an “outsized importance” in the automotive sector.
It also said the United States would be at a distinct disadvantage if there are supply shortages — which is something that has already happened and is presumed to worsen as more electric vehicles flood into the market over the next few years. The automotive industry is pushing hard into electrification as governments around the world attempt to plot out an elaborate plan to supplant the internal combustion vehicle with EVs. But there are concerns that this has stacked the deck for a small number of suppliers from China, South Korea, and Japan.
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By
Matt Posky on October 22, 2020

With the Hummer EV Edition 1 selling out over what would constitute an extended lunch break, General Motors is clearly aware it has a hot commodity on its hands. While that may not continue into subsequent model years, the electrified monstrosity is seeing demand comparable to what we witnessed with Dodge’s Demon and GM has a similar solution in mind.
Rather than allowing dealers to see what they can get away with on the standard Hummer pickup when it goes on sale next year, GMC will be implementing a strict no-haggling policy. That’s undoubtedly going to be a blow to dealers thinking they could clean up on markups and a blessing to customers who don’t want to spend a few extra grand on their already expensive midlife crisis.
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By
Tim Healey on October 22, 2020

You likely know that lead times in the automotive industry are long when it comes to developing new or significantly redesigned models.
You also likely know that one of the reasons for the long lead times is that automakers spend a lot of time testing prototypes, putting untold numbers of miles on test mules on public roads, at dedicated proving grounds, and in harsh weather environments.
Yet, the newly introduced GMC Hummer EV is just beginning to undergo testing.
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By
Matt Posky on October 22, 2020

Tesla continued to prove itself as the electric automaker par excellence by posting its fifth profitable quarter in a row on Wednesday. The California-based (for now) automaker reported a net income of $331 million and a 39 percent improvement in revenue to $8.8 billion.
Of course, a huge amount of that money came via regulatory credits Tesla sold to its rivals. By nature of being an EV manufacturer, the company was able to sell $397 million in environmental absolution while helping its own bottom line. Though third-quarter deliveries were quite strong as automotive revenue jumped 42 percent to $7.6 billion.
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By
Tim Healey on October 20, 2020

It’s been teased, it’s been leaked, and now it’s here.
The 2022 GMC Hummer EV is no longer cloaked under wraps.
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By
Tim Healey on October 20, 2020

Tonight’s a big night for baseball fans — it marks game one of the World Series. This particular WS is one many thought might not happen. GMC is taking advantage of the spotlight on the sport to take the wraps off of the new Hummer EV tonight.
Except an online ad has spilled the beans.
Whoops.
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By
Matt Posky on October 13, 2020

With global economies suffering from pandemic-related lockdowns, there’s been just one question burning in the minds of economists: ‘When will Chinese automotive sales finally rebound so that the industry can once again feel comfortable enough to keep pouring resources into Central Asia?’
Now, apparently.
China’s car market just recorded its first quarter of year-over-year sales growth in two years, with last month’s volume rising 12.8 percent (vs 2019) to 2.57 million units, according to the China Passenger Car Association (CPCA). While its always wise to keep in mind that the nation has a history of obfuscating figures that might paint it in a bad light, CPCA has been slightly more consistent in its reporting than the China Association of Automobile Manufacturers (CAAM). Both outlets also have a tenancy to showcase blind optimism for the local economy, but there appears to have been good reason for that over the last five months.
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By
Matt Posky on October 13, 2020

According to the very people trying to sell them, electric vehicles are slated to become the hottest commodity on the automotive market since the Ford Pinto, Pontiac Fiero, or Ferrari 458 Italia. But, following a swath of highly publicized fires, there’s been this creeping narrative that there may be some unaddressed safety concerns pertaining to EVs. Numerous video clips of vehicles spontaneously combusting in Asia and local media reports of phantom garage fires in North America have helped feed the story, with regulators now taking accusations of battery flambé extremely seriously.
Case in point is the National Highway Traffic Safety Administration’s new investigation into the Chevrolet Bolt. The agency’s Office of Defects Investigation received just two complaints regarding 2018 and 2019 Bolts that were alleged to have caught fire in a similar manner. But lids were flipped when the NHTSA realized it had seen a 2017 model with a similar burn pattern working its way up through the rear seat. The group is now launching a preliminary evaluation to decide whether these were freak accidents or if the Chevy Bolt actually has a tendency to catch fire while nobody is around.
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By
Matt Posky on October 9, 2020

The National Transportation Safety Board (NTSB) has been outstanding when it some to destroying whatever illusions we’ve built up around ourselves in terms of automotive security. When the Department of Transportation was claiming advanced driving aids would eventually lead us to a future where car accidents were a thing of the past, the NTSB was there running crash investigations suggesting that those systems were not only error-prone but likely encouraging motorists to become more distracted behind the wheel.
Now its back to burst another bubble. According to data compiled from over a dozen reports, the NTSB believes fire departments are woefully unprepared to tackle hybrid and electric vehicles. The group estimated that roughly half of all American departments lacked any protocols for tackling such fires. Even among those who did, the criteria provided was often quite lax and might be insufficient for suppressing those famously troublesome lithium-ion battery fires.
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By
Matt Posky on October 8, 2020

With Ford and Unifor having agreed to a new three-year contract last month, Oakville Assembly (which currently manufacturers the Ford Edge and Lincoln Nautilus) is slated to be retooled to manufacturer electric vehicles and their batteries. While the first example wouldn’t roll off the assembly line until 2026, according to the agreement, Canada is excited about the prospect of green jobs. In fact, the Canadian government has committed itself to an ambitious program aimed at boosting electric vehicle sales in order to achieve net-zero carbon emissions by 2050.
We’re always suspect of central planning, as regulatory changes often have unintended consequences for the associated industries, but need to praise Canada for actually putting some money where its mouth is. Barring a mishap in 2023, the nation has promised to contribute $447 million (split evenly between the Ontario and federal governments) toward Ford’s 1.4-billion program to convert the facility.
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By
Matt Posky on October 8, 2020

With Porsche having secured itself an all-electric vehicle, the laws of trickle-down manufacturing dictate that Audi is the next on Volkswagen Group’s docket for performance-focused electrification. Using the J1 performance platform that underpins Porsche’s Taycan, the Ingolstadt-based automaker has reported that its own E-Tron GT is nearing completion — assuring us that it’ll will meet the bar in terms of “quality and progressiveness” in a handful of announcements on Thursday.
Probably the most important of these was that Audi would be ready to commence production at the end of this year at Böllinger Höfe, near Neckarsulm, alongside the R8. However the company leaked a few additional details, including that the E-Tron (which the brand stylizes in all lower-case letters, bleh) will come in an RS variant. (Read More…)
By
Matt Posky on October 7, 2020

Mercedes-Benz looks poised to retreat from high-volume compacts. During an online corporate strategy meeting held on Tuesday, Daimler CEO Ola Källenius indicated that the luxury subsidiary may have overextended itself.
“Maybe we went at a bit too far to cover each and every space into each and every segment. Compact particularly comes to mind,” he explained. “This is not where the main thrust should go, we should not become a competitor of the volume makers.”
But the company only has itself to blame for that. Around a quarter of the brand’s annual sales come from compact vehicles and they’ve been taking up a larger share of its product portfolio. Källenius seems to think Mercedes has done enough to broaden its appeal and need to refocus on higher-end vehicles with better margins. “Our [current] strategy is designed to avoid non-core activities,” he said, adding that funds will be prioritized for more profitable products.
“We’re not chasing volume, we’re targeting profitable growth.” (Read More…)
By
Matt Posky on October 6, 2020

Faraday Future is hoping to go public through a reverse merger, proving that the finances associated with electric vehicle startups rarely operate within the confines of reality. Founded by Chinese businessman Jia Yueting in April 2014, the company began making waves the following year when it announced a plan to invest over $1 billion a factory in Nevada (its first) and went on a massive hiring spree. With the help of millions in government tax incentives, the plan was to start building some of the world’s most advanced EVs by 2017.
But people were becoming suspicious as early as 2016, when questions were raised about where the money was coming from and how much was left. By year’s end, work on Faraday’s Nevada facility had been suspended indefinitely. Following a lightly-botched presentation of its future product in early 2017, more outlets began to report the company was quickly running out of money as it backed out of several more projects. Months later, an internal power struggle left founder Jia Yueting as the primary decision-maker. Faraday Future spent the next few years scrambling to repay its debts and scrounging for (mostly Chinese) investors that might get it closer to its ultimate goal of building cars.
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By
Matt Posky on October 1, 2020

Nikola Corp. has decided to reschedule the Nikola World conference that would have offered the public a look at its all-electric Badger pickup and an opportunity to see what else the company was cooking up. Under normal circumstances, we would all just fault COVID-19 and move on with our frustrating little lives. But the firm was recently accused of having misled investors on the true progress of its technology.
Those allegations were rebuffed by chairman and founder Trevor Milton… before he abruptly left the company and Nikola’s ludicrously high stock valuation pivoted in the wrong direction.
Interestingly, most of the blame seems to be staying with Milton. Nikola shares pitched up on Wednesday, despite the only major change being one more vacant office on the top floor. Meanwhile, CEO Mark Russell has been trying to get everyone stoked about Nikola World and all the amazing stuff that’s supposed to be there in December 2020. That included a view of the Badger pickup, which GM was supposed to build and the company has been taking preorders for since June.
(Read More…)
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