Fitch Ratings: US automakers well positioned for weak demand in 2012; estimates break-even for Detroit 3 at 10.5M units

Green Car Congress

In its “2012 Outlook: US Auto Manufacturers and Suppliers”, Fitch assigns the industry a Positive Rating, expecting the credit profiles of the US OEMs and auto suppliers to generally strengthen in 2012, assuming that global economic conditions do not weaken materially from current trends. to be seen throughout the US auto sector. rapidly weakening worldwide economy causes the global auto market to collapse, much as it.

2012 174

Rivian IPO: What you need to know

Teslarati

is expected to price its initial public offering (IPO) later today, November 9, 2021. Rivian has disclosed that it is targeting a valuation above $60 billion in its IPO, with shares priced between $57 and $62. The Finances So Far. Rivian Automotive Inc.

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IHS Automotive forecasts 88.6M unit global light vehicle market in 2015; 2.4% growth

Green Car Congress

in 2014 as a result of industrial overcapacity and weakness in the real estate sector. million units, aided with increased auto finance penetration, fast dealership expansion and government vehicle scrappage programs. The campaign is expected to have a long-lasting effect on premium parts/vehicle prices in China. In the United States, IHS Automotive analysts continue to believe the upside risks for auto demand are more apparent than the downside risks.

2015 203

2022 Rivian R1T: a real pickup truck makes an impressive debut

Charged

The startup carmaker Rivian was founded a decade ago by RJ Scaringe, but it didn’t go public with its electric pickup truck and SUV until the 2018 Los Angeles Auto Show. Could Rivian emerge as “the next Tesla?” On the strength of its debut truck, that’s not an unreasonable question.

BNEF forecasts EVs to hit 54% of new car sales by 2040; decreasing importance of PHEVs

Green Car Congress

Electric vehicles will make up the majority of new car sales worldwide by 2040, and account for 33% of all the light-duty vehicles on the road, according to a new forecast published by Bloomberg New Energy Finance (BNEF). The forecast, put together by the advanced transport team at BNEF, relies on likely future reductions in price for lithium-ion batteries and of prospects for the other cost components in EVs and internal combustion engine vehicles.

2017 163

Electric vehicles trends in India

Electric Vehicles India

India is the fifth-largest auto market with 3.49 According to an independent study by CEEW Centre for Energy Finance (CEEW-CEF), the EV market in India will be a US$206 billion opportunity by 2030 if India maintains steady progress to meet its ambitious 2030 target.

India 77

Top 5 Electric Vehicle Start-Ups in India

Get Electric Vehicle

Finance Minister Nirmala Sitharaman pushed for the Indian Electric Vehicles Mission in the country’s Union Budget 2019-20. The finance minister announced a tax break for people who purchase electric vehicles in an attempt to increase their popularity.

India 52

Ford CEO: Ford to focus on 5 key areas of innovation: mobility, autonomy, connectivity, customer experience and performance

Green Car Congress

Fields said that Ford’s investments in products, people, plants and technology, combined with industry growth, are not only delivering a year of growth in terms of revenue, pricing power, operating margins and profitability in 2014, but are setting the stage for growth in and beyond 2015. The evolution of mobility has long been a hot button for Ford Executive Chairman Bill Ford, who urges that Ford think of itself as a mobility company rather than just an auto company.

2014 228

8-state alliance releases action plan to put 3.3M ZEVs on their roads by 2025

Green Car Congress

Since the MOU signing, state regulators, the auto industry and infrastructure developers and other stakeholders have shared information and best practices to help move this effort forward. It also includes working with automakers and dealers to identify, evaluate, and implement creative financing approaches and other effective strategies to reduce vehicle purchase price and increase ZEV sales. Assessment of creative vehicle financing innovations.

2014 212

One way or another, Fisker Automotive may soon be off the market

Green Car Congress

The purchase funds for Fisker would in theory go directly to the DOE since the government agency loaned the auto company a large sum of money before it stopped production more than a year ago. billion in loans to auto manufacturers large and small—part of a much larger portfolio of clean energy loans and loan guarantees—Davidson added that not every investment and every company can succeed in such a competitive environment. by Keith Patterson.

2013 195

On the Shoulder of Giants: How the Tesla Cybertruck’s ambitious camper is willing itself into being

Teslarati

Granted, the transforming pop-up camper was priced at a premium at about $50,000 per unit, but for some Cybertruck reservation holders, the expense was worth it. Considering the price of the camper, that’s about 1,350 reservations from Cybertruck buyers. .

Texas 94

VW Chief Executive Says Company Will Introduce EVs Based on the Up! New Small Family in 2013; Cautions Against Electro-Hype

Green Car Congress

Within a decade, he added, Volkswagen wants to offer significant numbers of pure electric cars at affordable prices and with the range expected by customers. Winterkorn made the remarks during a presentation at the 17 th Handelsblatt-Jahrestagung in Munich on 3 July, during which he outlined VW’s approach to future mobility in the current context of the economic crisis, pessimism about the industry and technology potential. We have rock-solid finances.

2009 150

LIVE BLOG: Tesla (TSLA) Q1 2021 earnings call summary

Teslarati

This time it’s about the Solar Roof, its price increase, and its ramp. 15:00 PT – Elon notes that Tesla is actually getting good at auto-labeling, which is pretty much the holy grail for neural net training.

Texas 83

GM on the brink…

Revenge of the Electric Car

For all of GM’s industrial successes and environmental failures, many elements of the American economy including the advertising-dependent entertainment industry — rise and fall with its fortunes. or any other automaker would have far-reaching consequences, given the millions of people employed by supplier companies, dealers and other small businesses that are dependent on the industry. Mulally, said the industry needed help soon from the government. “I

2008 100

Perspective: Drive Star Conversion Program Could Cut US Oil Use in Half by 2020

Green Car Congress

When he proposes steps to improve oil industry safety, we hope he won’t say, “Let’s make sure this never happens again.” We expected it would come from higher prices or a supply disruption—we’ve all been surprised.) Well, America’s auto industry delivered over 100,000. That helped us become the world’s greatest industrial power. It helps that the auto industry will be building more efficient new vehicles.

2010 218

Canoo Pickup, Kia EV6, Honda and Mini EV Plans: EV Week in Review – Mar 9-15

EV Adoption

Full pricing is expected to run between $36,000 and $46,000 with deliveries promised to start in 2023. Finance. Another crazy week in the world of EVs, with lots of announcements on the automaker and battery front.

European Automotive Industry Outlines RD Priorities for EU Green Car Initiative

Green Car Congress

CLEPA (the European umbrella membership organization representing the interests of the global automotive supply industry) and EUCAR (the European Council for Automotive R&D from the major European passenger car and commercial vehicle manufacturers) jointly prepared the document. 1 billion (from a total of €5 billion) will come from the existing EU 7 th Framework Programme for R&D funding and includes €500 million to be financed by the industry.

2009 150

A 100 m.p.g. truck? A Bright IDEA | Freep.com | Detroit Free Press

Tony Karrer Delicious EVdriven

Facebook Digg Reddit Newsvine More evidence that we are approaching an exciting new frontier in the automotive industry will be on display today on Capitol Hill. Three years ago, the magazine Popular Mechanics even wrote an article prodding the auto industry for not building the 100 m.p.g. based Fisker plans to produce just 15,000 plug-in hybrids a year, starting later this year, with pricing to start at $87,900. Base price: $109,000.

2009 47

Will CARB’s New Rules Damage EV Startups?

Revenge of the Electric Car

But a powerful state agency is poised to put 3Prong Power out of business and deal a severe blow to a promising new industry. Both cars will be subject to the new CARB rules, but GM and Toyota should have no problem affording the rigorous tests or financing the warranty requirements. But the auto companies hated the CARB rules and never really wanted to sell the cars. But if the air resources board approves the new regulations next week, those prices could rise dramatically.

2009 100

Cleantech Blog: Smart Grids and Electric Vehicles

Tony Karrer Delicious EVdriven

People-Oriented Development Current Status of REDD Financing the Fifth Fuel Peak Phosphorus - Commence Urine Recyling on Space. V2G helps solve the major problem that demand for electricity is high during the day when everything from industrial plants to air conditioning is running full blast and then excess electricity is wasted at night. Recent announcements demonstrate that electric utilities and some auto makers want to make V2G a reality.

2009 28

GM Says Chevrolet Volt Won't 'Pay the Rent' | Autopia from Wired.com

Tony Karrer Delicious EVdriven

But it is a price that must be paid, and GM should be commended for remaining committed to the Volt. " President Obamas auto task force doesnt see it that way. "It is unreasonable to expect the Volt and any similar new technology to be immediately profitable when other technologies that started with a price premium, such as the Toyota Prius, became wild successes," said Chelsea Sexton, an advisory board member of Plug-In America.

2009 36