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Stellantis Pulls Out of LA, SEMA

The Truth About Cars

The move is all about cutting costs and it means the automaker will not be doing any press conferences or having displays at either event. We'll have to see if Ford or General Motors follow suit. This is following the news earlier this week that Stellantis was going to pull out of CES in Las Vegas, also due to the strike.

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Toyota Aims to Reduce Fuel Cell Vehicle Cost to 1/10 of Current By Commercialization in 2015; Reduction to Another 1/10 With Scale

Green Car Congress

Toyota’s targeted cost reductions in fuel cell vehicles. In a news conference at the Japan National Press Club on Friday, Toyota Motor President Akio Toyoda said that the company plans to begin mass production of electric vehicles in the US in 2012, followed by US production of fuel cell vehicles in 2015. Source: Toyota.

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Goal!

Plug In Partners

As stated at the opening press conference by Austin's Mayor Will Wynn in January, 2006, “ Plug-in hybrids represent a real near-term solution to America’s over-reliance on foreign oil imports and energy prices that escalate the cost of everything and threaten the very economic life of our nation,” “The technology exists today ,” Wynn says.

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Plug-in Manufacturers Grow

Plug In Partners

Company bosses are said to be keen to put this system into production but no firm decisions will be made until the cost of batteries is reduced." The tests are sufficiently advanced that Mazda has a working prototype in a Mazda 5 MPV bodyshell. Chrysler is the last of the six largest car companies to put a hybrid on the market."

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GM boosting EV product spending to $27B through 2025; 1st use of Li-metal anode in GM battery

Green Car Congress

General Motors Co. At the virtual Barclays Global Automotive Conference, Barra and Doug Parks, GM executive vice president of Global Product Development, Purchasing and Supply Chain, shared key elements of GM’s plan, including: By 2025, GM will launch 30 EVs around the world, and more than two-thirds will be available in North America.

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IBM’s Fall From World Dominance

Cars That Think

James Cortada It became a commodity business not only because of the chips and the operating system, but because other companies were able to put it all together at a lower cost than IBM. Once the PC business in IBM got folded into the main corporate structure, its costs of operating went up. Because everybody had good machines.

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Electrify Your Fleet Faster With Incentives and Rebates

EV Connect

The reasons for this seismic shift are many, and certainly include a general growing consciousness for sustainability in the corporate world. The plummeting costs of technology haven’t hurt either — Ceres reported that electric vehicle battery costs , alone, dropped by 80% from 2012 to 2020.

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