The CEOs of General Motors, Ford, Stellantis and Toyota Motor North America are urging the U.S. Congress to lift the federal government’s cap on the number of vehicles that are eligible for a tax credit of up to $7,500 from the current 200,000 vehicle cap.
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General Motors revealed more details about its plans for e-mobility, among other things, at a two-day investor event. The carmaker not only published its sales plans, but also those for the conversion of its plants.
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General Motors is increasing its spending, launching an “all-out pursuit of global EV leadership,” GM CEO Mary Barra announced. By 2025, the US carmaker wants to have 30 electric models and intends to raise investment from 20 to 27 billion US dollars.
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General Motors has announced an investment of $300 million for its assembly plant in Orion Township, Michigan. The investment is for the production of a new Chevrolet electric vehicle as part of a total $1.8BN push.
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General Motors has announced a comprehensive restructuring plan to save six billion dollars annually by the end of 2020. This will free up funds to invest in the development and production of electric cars and autonomous vehicles, but also means closing down large U.S. factories.
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“Launching the Chevrolet Bolt EV, getting that into the marketplace and seeing customers’ reactions is one way we can capitalize on our battery cell technology.”
General Motors CEO Mary Barra explains the company’s move to invest in Lyft and Cruise Automation as a long-term way to profit from new technologies.
usatoday.com
Daimler Chief Executive Dieter Zetsche explains the company’s newest plans regarding their accelerated development of premium electric cars. Though Zetsche would not reveal details, the company may be taking aim at rivals Tesla and Audi.
reuters.com
A statement from Nissan indicates that Japan’s charging infrastructure has reached a level where EV drivers don’t have trouble finding a plug. Some 6,200 chargers are said to be available at some 7,000 locations nationwide, including 60% of the world’s quick chargers.
insideevs.com
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In a letter to shareholders, GM CEO Mary Barra comments on GM’s latest sustainability report. It lists “alternative propulsion” as one of four pillars.
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Fleet Europe editor-in-chief Steven Schoefs predicts an increase in fleet electrification driven by emission regulations but also by “mirroring” incentives for hybrid and electric vehicles, as those rules increase TCO (total cost of ownership).
fleetnews.co.uk
Says Susan Beardslee is a senior analyst at ABI Research that forecasts global electric vehicle revenue to grow to 58bn dollars in 2021, as manufacturers increasingly look into multimodal transport.
greencarcongress.com
Smart CEO Annette Winkler is laying out the strategy for the electric Smart – finally – and hopes to increase sales beyond the USA. Especially California proves a great ground for Smart’s electric offering due to favourable policies.
automobilemag.com
Audi of America president Scott Keogh wants to go all in and push electrification, as he believes that “electrification of the industry to be inevitable.”
autonews.com
Says CEO Mary Barra, even though the new electric car comes with the widely spread CCS charger. Time will tell if the move is wise or if GM will change its mind. After all, they want the Bolt to appeal to the masses.
greencarreports.com
At the presentation of the Chevrolet Bolt, GM CEO Mary Barra said the EV was not just developed as a consumer car, but also for rideshare services such as Lyft, in which GM just invested 500m dollars.
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Gorden Wagener, chief of design for Mercedes-Benz, says that while the carmaker’s hybrids look like their petrol- or diesel-powered counterparts, an EV would have unique look to it.
carscoops.com
Mark Fields, Ford President and CEO, says that despite investing some 4.5m dollars in electric vehicles research through 2020, we will not see a hybrid performance vehicle from the U.S. manufacturer anytime soon.
detroitnews.com
Still, Nissan CEO Carlos Ghosn has no illusions about the profitability, or better the lack thereof, of electric cars. Compliance is the new reality before better times may come, Nissan believes.
autonews.com
It looks like GM CEO Mary Barra fully agrees with her counterpart at Nissan, as the American carmaker, too, works towards the electrification of the masses.
industryweek.com
Toyota Mirai’s chief engineer Yoshikazu Tanaka is aware that fuel cell technology may indeed seem like an impractical option. Yet, the company decidedly creates facts as it plans to produce “30,000 FCV annually by 2020,” he said.
bloomberg.com
Daimler CEO Dieter Zetsche does not see Tesla as a serious competitor. Audi and its planned Q6 electric car might be another matter. But the CEO did not confirm any plans to go head to head (yet).
caradvice.com.au
General Motors CEO Mary Barra sent out a similar message to Tesla, as she once more praises the upcoming Bolt as an EV accessible to mass market.
greencarreports.com
Says Harald Kroeger, vice president-electrical/electronics and electric drive at Mercedes-Benz, about Porsche electrifying its portfolio. He is certain that in ten years’ time, there will be battery cells with twice the capacity at half the price: “We have the first samples in our labs at home that show me it’s true.”
wardsauto.com
GM CEO Mary Barra says the manufacturer has “to be part of defining the future,” but that ultimately, the customer will decide what the future will be.
freep.com
Jim Buczkowski, Ford’s director-electrical and electronics systems/research and innovation, says that falling gas prices pose a significant problem for the electric mobility market.
wardsauto.com
“Launching the Chevrolet Bolt EV, getting that into the marketplace and seeing customers’ reactions is one way we can capitalize on our battery cell technology.”
“It is very important to get the right timing. As a tendency, and as a trend, we have become more bullish in that regard.”
“It is now fair to say that charger availability has reached critical mass in Japan.”
“Over 20 European countries apply some form of CO2 tax on company cars, and that trend will accelerate – driven in no small measure by ‘Dieselgate’ and related emissions issues.”
“The role of vehicle electrification in urban areas is part of a broader smart mobility model that includes shared vehicles, charging options, and driverless electric vehicle fleets of cars, buses, trams, and light rail. No singular option prevails; in fact, innovative manufacturers are creating ways for them to converge.”
“A full-electric Smart Fortwo will be available at the end of 2016. We’ll start in the U.S. It will be available in both the coupe and Cabrio version. The Forfour will also be offered in Europe and China in full electric.”
“We need to make a choice – keep riding the wave or jump to something else. If you make a leap to something new, it’s a huge opportunity (…) I believe we in the auto industry can be the disruptors.”
“We have a strong strategy, and if you look at last year’s concept cars, they can give you some indication of where we are going. A full electric would definitely have an expression of its own.”
“Never say never, but right now that’s not in our plans.”
“I don’t think anybody envisions today a future without the electrification of cars.”
“If Elon Musk says fuel cell technology is stupid, in a sense this is true: We are just at the beginning. It was just born and has huge potential.”
“Who would have thought that among Porsche customers 10% would care for the polar bears? That basically shows there is something out there.”
“I think that’s the challenge we face. We have to have C- and D-segment vehicles that are very affordable for customers to really get EVs to take off.”