Latest Electric Vehicles
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ArticleWhat took the air out of Dyson’s electric car project?
The iconic manufacturer of vacuum cleaners has cancelled plans to develop and build an EV. That was probably a smart decision, considering the huge costs, competition and struggling market that Dyson would have been entering. An analysis from Ultima Media’s automotive analyst, Daniel Harrison.
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Toyota to show new Mirai fuel-cell vehicle at Tokyo show
Toyota Motor will show the second generation of the fuel cell-powered Mirai sedan at the upcoming Tokyo Motor Show. The car, which is set to go into production late next year, will have greater driving range, improved performance and an updated design.
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Dyson scraps plan to build electric vehicle
Vacuum cleaner maker Dyson has scrapped plans to build an electric vehicle, highlighting the difficulties non-automotive companies face when they want to build a car.
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At Renault, ‘Mobility as an Industry’ is a new business unit
Renault, acknowledging the transformation of the automotive industry, will bundle all its mobility activities in a new operating subsidiary called ‘Mobility as an Industry (MAI).’
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Mahindra selects ZF as powertrain partner for Formula E
Mahindra has selected ZF Friedrichshafen as the ’official powertrain partner’ for its Formula E race car. The two companies have already started to develop an electric driveline for the 2021-2021 season of the electric-vehicle racing competition.
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Volvo Cars, Geely to merge combustion engine operations
Volvo Cars and China’s Geely plan to merge their combustion engine operations, forming an independent new business unit that could also supply other car manufacturers.
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Stricter EU CO2 regulations will reshape vehicle platforms and car design
As OEMs try to reduce CO2 and transition to electric vehicles in the face of the high fines, we expect a profound impact on vehicle design.
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Deloitte: Vehicle sales, aftersales set for sharp decline as automotive landscape undergoes massive changes
Connectivity, autonomous driving, shared services and electric vehicles will combine to have a major impact on sales, aftersales and service operations in the automotive industry, according to a new study by consultants Deloitte.
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VW’s truck and bus division steps up digitalization
Traton, Volkswagen Group’s truck and bus division, plans to invest more than €1 billion in the next six years on the electrifcation of its model range, as the world’s biggest vehicle maker implements its companywide commitment to electric powertrains.
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Suppliers will face squeeze as OEMs push to meet EU CO2 targets
As carmakers strive to reach the more stringent CO2 emissions targets being phased in across the EU next year, we predict that many are likely to put more pressure on their supply base to help reduce emissions
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In interview, Volkswagen brand software boss Christian Senger sees need for more digital capabilities
The Volkswagen brand is the first car manufacturer to have a board member in charge of software. In an interview, Christian Senger talks about the sea change within the company, software as a core competency and changes in supplier management.
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Subscribing to a new idea of mobility at Canoo
James Cox, former head of product planning at Uber, talks about leading product technology at EV startup Canoo and why he thinks the company will succeed with its subscription-based vehicle offering.
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OEMs’ profit strategies today could hurt them tomorrow
Ahead of stringent EU emissions targets starting in 2020, some carmakers are pursuing strategies that actually go against what they will ultimately need to do to reduce hefty fines. This makes sense – but only for now
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Volkswagen reorganizes group R&D
Volkswagen is reorganizing its global R&D operations in a new division to be called “Volkswagen Group Innovation.” The unit will bring all international innovation-related activities, including research centers in California, Europe and Asia, under one roof.
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EU fines and electric future not entirely in the hands of OEMs
In the face of government and citizens’ rising concern over climate change, vehicle emission regulations around the world are tightening, especially in Europe. In our latest business intelligence report, we forecast that carmakers will face hefty fines under tightening vehicle emission targets, driven largely by factors outside their control.
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Opportunities ahead for automotive OEMs and tier suppliers
The downturn in automotive sales volume creates many challenges, but the transitional state of the industry also provides many business opportunities, according to a forecast and report from Ultima Media.
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Greater expectations: brighter days will return for the automotive industry
Although automotive OEMs will face years of stagnant vehicle sales, a stronger recovery thereafter will bring growth back up to long run averages and herald a return to stronger profits. By then, however, the industry is likely to have undergone further consolidation.
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Hyundai, Aptiv to jointly develop autonomous driving technology
Hyundai Motor and Aptiv are forming a joint venture to speed up the development of highly automated vehicles.
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Re-tooling of manufacturing plants and supply chain for EVs pose investment risk for OEMs
Tooling and conversion of technology for automotive plants are signicant costs for OEMs as they invest in electrification, which some may struggle to afford, according to a new report by Automotive from Ultima Media.
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Amazon orders 100,000 electric delivery vans from Rivian; steps up commitment to carbon neutrality
Amazon has ordered 100,000 electric delivery vans from Rivian, an electric-vehicle startup that is set to launch its first products in late 2020.
