At CES 2022, REE Automotive announced the start of trials of its all-new EV platform specifically designed for commercial delivery vehicles and walk-in vans called the P7. According to REE, this new entirely flat platform was designed based on specifications from one of the world’s largest delivery companies. REE Automotive ($REE) is an e-mobility solutions company… Continue reading @niche: REE Automotive introduces P7 fleet platform for mystery delivery company targeting 370-mile range001546
Tag: Toyota
U.S. hybrid electric car sales hit record highs
A Honda Crider Sport Hybrid vehicle is seen displayed at the GAC Honda booth during a media day for the Auto Shanghai show in Shanghai, China April 19, 2021. REUTERS/Aly Song/File Photo Register now for FREE unlimited access to Reuters.com Register SAN FRANCISCO, Jan 6 (Reuters) – Pure electric cars are making all the headlines,… Continue reading U.S. hybrid electric car sales hit record highs
REE AUTOMOTIVE APPOINTS DAVID GOLDBERG AS CHIEF FINANCIAL OFFICER
Mr. Goldberg brings to REE 20 years of experience in corporate finance, mergers & acquisitions, and management consulting with progressively senior roles at Morgan Stanley, Bain & Company, Greenhill & Co. and Magna International. In his new role as REE’s CFO, Mr. Goldberg will lead all aspects of REE’s financial functions, strategic industry partnerships and… Continue reading REE AUTOMOTIVE APPOINTS DAVID GOLDBERG AS CHIEF FINANCIAL OFFICER
General Motors 90-year reign as top US car seller ends
Toyota, which saw strong sales of its hybrids and other models, has been less affected than some other car makers by the shortage of chips, thanks to its decision to build up a stockpile after the 2011 earthquake and tsunami. But it has also been forced to cut production amid the shortages. Go to Source
@niche: EV Technology Pioneer Joins Xos: Meet Scott Zion, Our Director of Medium Duty Vehicles001541
In addition to our zero-emission electric trucks, the people who make up Team Xos are the secret ingredient that sets us apart. We are fortunate to have incredible talent with deep experience in the automotive and technology industries. Today, we’re excited to welcome one more Xos leader into the fold — Scott Zion — who… Continue reading @niche: EV Technology Pioneer Joins Xos: Meet Scott Zion, Our Director of Medium Duty Vehicles001541
@Toyota: December 2021 and Year-End 2021 Sales Conference Call (Transcript)
Jack Hollis, Senior Vice President of Automotive Operations, Toyota Motor North America Thanks for being with us. Toyota Motor North America closed out 2021 as the number one retail brand for the 10th consecutive year. And the number one seller of electrified powered vehicles or EPVs for the 22nd consecutive year and that includes hybrids,… Continue reading @Toyota: December 2021 and Year-End 2021 Sales Conference Call (Transcript)
@Toyota: Toyota Quarterly Supplement For Takata Recall Remedy Fourth Quarter 2021
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Hyundai sends Boston Dynamics’ Spot robot into the metaverse
One thing’s for certain: Hyundai has some grand ambitions for its robotics development. And thus far, the automaker has been willing to put its money where its mouth is, most notably in the form of its acquisition of Boston Dynamics, which valued the robotics pioneer at north of $1 billion. Robotics are, predictably, taking center… Continue reading Hyundai sends Boston Dynamics’ Spot robot into the metaverse
Chip shortages cost GM the US vehicle sales crown it’s held since 1931
General Motors is no longer the top seller of vehicles in the US as reported Tuesday by CNBC. The Detroit powerhouse lost the crown to Toyota, which reportedly sold about 114,000 more vehicles than GM in 2021. GM reported Tuesday that total sales were down almost 13 percent last year due to semiconductor shortages. Vehicle… Continue reading Chip shortages cost GM the US vehicle sales crown it’s held since 1931
After 90 years on top, GM is no longer the No. 1 automaker in America
WASHINGTON, Jan 4 (Reuters) – Japanese automaker Toyota Motor Corp (7203.T) outsold General Motors Co (GM.N) in the United States in 2021, marking the first time the Detroit automaker has not led U.S. auto sales since 1931. Toyota sold 2.332 million vehicles in the United States in 2021, compared to 2.218 million for General Motors,… Continue reading After 90 years on top, GM is no longer the No. 1 automaker in America