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IEF, IHS Markit: deepening underinvestment in hydrocarbons raises specter of continued price shocks and volatility

Green Car Congress

Underinvestment in oil and gas development extended into a second year in 2021 even as global energy demand rebounded, raising the prospect of price shocks, scarcity and growing energy poverty, according to a new report by the International Energy Forum (IEF) and IHS Markit.

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Suzuki Motor working on affordable hybrid for small cars, says R C Bhargava, Maruti to consider plug-in hybrids too | Autocar Professional

Baua Electric

Speaking to media post FY-24 earnings, the top management stated that HQ Suzuki is working on an affordable hybrid solution for the compact cars and it will seriously consider the more expensive plug-in hybrid technology for the future. Bhargava did not share any specific timelines for the affordable hybrids.

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GM and Honda expanding partnership to codevelop series of affordable EVs in most popular vehicle segments; on sale in 2027

Green Car Congress

General Motors and Honda plan to expand the two companies’ relationship by codeveloping a series of affordable electric vehicles based on a new global architecture using next-generation Ultium battery technology. The compact crossover segment is the largest in the world, with annual volumes of more than 13 million vehicles.

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SkyDrive electric helicopter could be flying above Japan in 2025

Teslarati

SkyDrive, an Osaka, Japan-based company, plans to introduce a “sky taxi” service to Osaka Bay by 2025, just in time for the World Expo being held there in 2025. And while Skydrive has entered the early stages of regulatory approval in Japan, it will have a steep hill to climb. Shoot me an email at william@teslarati.com.

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Get excited: Nissan is plotting an affordable electric performance car to take on the Toyota 86 and Subaru BRZ to win back young car buyers

EV Central

Nissan has admitted that it is considering reintroducing a fast, affordable and all-electric sports car to win over a new legion of young car fans. Something smaller, a bit more affordable. Definitely.” ” Nissan has always had a three-tiered performance car offering, and it’s something he wants to work towards.

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GM, Honda announce new partnership to build affordable electric vehicles

Teslarati

General Motors and Honda have announced a new partnership to develop affordable electric vehicles based on a global platform. “GM Vehicles developed by the Detroit and Japan-based companies will run on GM’s Ultium battery technology , which the automaker developed for its massive transition to EVs.

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Nissan and Honda may team up to slash EV prices and take on Chinese automakers like BYD

Baua Electric

Nissan and Honda are considering teaming up to introduce more affordable EVs to compete with Chinese automakers like BYD. The aim is to reduce EV prices as the automakers look to Chinese automakers with low-cost models like BYD. Honda already scrapped plans to build affordable EVs with GM, citing a “changing business environment.”

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