Hyundai Motor America Names Fred DePerez Vice President of Product Line Management and Sales Planning

Hyundai’s Product Line Management group focuses on ways to improve performance by analyzing target customers, segment dynamics and the dealer’s engagement level of each Hyundai vehicle. Sales Planning analyzes industry-wide trends and identifies national and regional growth opportunities for Hyundai. Retail Operations manages Hyundai’s national incentive spending, certified pre-owned programs and sales planning activities. DePerez… Continue reading Hyundai Motor America Names Fred DePerez Vice President of Product Line Management and Sales Planning

Auto Stock Roundup: TSLA Stock Split, Ford Recalls, NIO’s Q2 Show & More

Last week, China Association of Automobile Manufacturers (“CAAM”) unveiled vehicle sales data for the month of July. Auto sales in July rose 16.4% year over year to 2.11 million units, marking the fourth consecutive month of gain registered by the world’s biggest auto market. The main highlight of the July auto report in China was… Continue reading Auto Stock Roundup: TSLA Stock Split, Ford Recalls, NIO’s Q2 Show & More

How Lotus CEO Phil Popham is shaping the firm’s future

Popham says there will be versions of Lotus’s new car that can fit all of the company’s existing price ranges, depending on specification, starting at today’s £55,000 and reaching £110,000 for the best-equipped and fastest. Existing models will be phased out in the medium term but will overlap “for a while” as Lotus monitors and… Continue reading How Lotus CEO Phil Popham is shaping the firm’s future

China’s CATL is developing new EV battery with no nickel, cobalt, exec says

SHANGHAI (Reuters) – China’s Contemporary Amperex Technology Co Ltd (CATL), a Tesla supplier, is developing a new type of electric vehicle (EV) battery that contains no nickel or cobalt, a company executive said on Saturday. Nickel and cobalt are key ingredients in the batteries that power EVs. Battery makers from Japan’s Panasonic Corp to South… Continue reading China’s CATL is developing new EV battery with no nickel, cobalt, exec says

@Toyota: Mazda and Toyota Further Commitment to U.S. Manufacturing with Additional Investment

$830 million to increase state-of-the-art technologies and training programs. HUNTSVILLE, Ala., (Aug. 13, 2020) – Today, Mazda Toyota Manufacturing, (MTM), the new joint-venture between Mazda Motor Corporation and Toyota Motor Corporation, announced an additional $830 million investment to incorporate more cutting-edge manufacturing technologies to its production lines and provide enhanced training to its workforce of… Continue reading @Toyota: Mazda and Toyota Further Commitment to U.S. Manufacturing with Additional Investment

Nikola says open to cooperation with Hyundai Motor on hydrogen technology

SEOUL (Reuters) – U.S. electric commercial truck maker Nikola NKLA.O said it is open to collaborating with Hyundai Motor (005380.KS) on hydrogen technology, following a media report it had reached out to the Korean automaker. FILE PHOTO: The Hyundai logo is seen during the first press day of the Paris auto show, in Paris, France,… Continue reading Nikola says open to cooperation with Hyundai Motor on hydrogen technology

Hyperion says it’s developed a hydrogen-powered supercar, now it needs money

With little more than sketches and not fully baked prototypes, a crowd of electric vehicle startups have rounded up billions from investors. Can that fund-raising engine drive a hydrogen-powered car? Hyperion Companies Inc., a decade-old Los Angeles outfit, is entering the race for speculative transportation capital today when it pulls the cover off a supercar… Continue reading Hyperion says it’s developed a hydrogen-powered supercar, now it needs money

@Toyota: Toyota Tsusho Donates Personal Protective Equipment for Medical Frontlines to City of Nagoya Health & Welfare Bureau

2020-08-12 Toyota Tsusho Corporation (“Toyota Tsusho”) announces that it has provided 10,000 sets of medical personal protective equipment (isolation gowns) to the City of Nagoya Health & Welfare Bureau. This is a part of the Kokoro Hakobu Project* being undertaken by Toyota Motor Corporation and other Toyota Group companies. The bureau will subsequently supply these… Continue reading @Toyota: Toyota Tsusho Donates Personal Protective Equipment for Medical Frontlines to City of Nagoya Health & Welfare Bureau

Chevy Trailblazer small SUV scores a hit as fastest-selling new vehicle in US

CLOSE Subcompact SUV delights with looks, value and unexpected features Detroit Free Press Chevy’s affordable Trailblazer small SUV may be 2021’s most unexpected hit, flying off dealer lots faster than any new other vehicle since the pandemic struck, according to a study by internet car research site iSeecars.com. The little SUV spent an average of… Continue reading Chevy Trailblazer small SUV scores a hit as fastest-selling new vehicle in US

@Toyota: Toyota Tsusho Accelerates Building of V2G System Fulfilling Requirements of Supply-Demand Adjustment Market

2020-08-11 Toyota Tsusho Corporation (“Toyota Tsusho”) announces that it has entered a virtual power plant (VPP)*1 vehicle to grid (V2G)*2 aggregator demonstration project that harnesses the power of energy storage in batteries of plug-in hybrid vehicles and electric vehicles (“PHEVs/BEVs”). Currently in its third year, the project plans to establish marketization of electricity supply-demand control… Continue reading @Toyota: Toyota Tsusho Accelerates Building of V2G System Fulfilling Requirements of Supply-Demand Adjustment Market