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Stellantis CEO: EV transition costs are “beyond the limits” the auto industry can sustain

Teslarati

Stellantis CEO Carlos Taveres stated that the pressure for legacy automakers to accelerate the shift to electric vehicles could threaten jobs and vehicle quality as traditional carmakers struggle to manage the higher costs of producing EVs. US President Biden pats GM CEO’s back: “You electrified the entire auto industry.

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Germany’s auto industry – outrun by Tesla – to axe thousands more jobs

Baua Electric

Major car suppliers in Germany say they are struggling with the high upfront costs of shifting to EVs and “slow demand,” with companies looking to lay off thousands of workers, as much as 20% of total staff in some cases, in the coming years. FTC: We use income earning auto affiliate links. Get started here.

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China publishes plan to boost fuel-efficient and new energy vehicles and domestic auto industry; targeting 500K PHEVs and EVs in 2015, rising to 2M by 2020

Green Car Congress

China’s State Council has published a plan to develop the domestic energy-saving and new energy vehicle industry, which includes battery-electric vehicles, plug-in hybrid vehicles and fuel cell vehicles. 2012 Chinese Auto Industry Development Report.

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ISU study finds large potential for biobased materials in auto industry, but with challenges

Green Car Congress

A study by researchers at Iowa State University has determined that the automotive industry has a very large potential to utilize biobased materials. However, they noted, there are also many challenges associated with the use of biobased parts in the auto industry. Cost to manufacture is one of the main considerations.

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Center for Automotive Research calls long-run economic risk to auto industry of mandating permanent fuel economy standards very serious; recommends periodic reviews

Green Car Congress

Based on the results of the study, CAR believes the economic risk to the auto industry connected to mandating permanent fuel economy standards in the long run is “ very serious ” The group recommends periodic review to assess the rate of technology development and cost reduction of advanced technologies leading up to 2025.

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Tesla Powerwall production affected by chip shortages, says Elon Musk in SolarCity trial

Teslarati

During Elon Musk’s SolarCity trial, the Tesla CEO admitted that Powerwall production would not meet demand in the current quarter. The Tesla CEO explained that chip shortages affected the production of the home battery system. . It isn’t surprising to hear Musk speak so candidly about the chip shortage affecting Powerwall production.

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Study finds technology cost of achieving European 2020 LDV CO2 targets more than offset by resultant fuel savings

Green Car Congress

A report published by Cambridge Econometrics and Ricardo-AEA concludes that overall, the cost of technologies required to meet proposed European 2020 CO 2 regulations for vehicles (95 g/km for cars and 147 g/km for vans) will be more than offset by the resultant fuel savings. Source: Cambridge Econometrics.Click to enlarge.

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