Month: July 2023

Lewis Hamilton quoted from “Austin Powers: Goldmember” to poke fun at how dominant Max Verstappen is in Formula One this season. Verstappen breezed to an eighth straight race win at the Belgian Grand Prix, one away from Sebastian Vettel’s record of nine consecutive. Editor’s Picks 1 Related Asked Sunday evening if Verstappen is having it
0 Comments
Toyota will strengthen development of EV technology in China, the automaker said on Monday, as it looks to catch up with increasingly tough domestic competition in the world’s largest auto market. The move is the latest from the world’s top-selling carmaker to show a sharper pivot to EVs. It recently detailed an ambitious new EV
0 Comments
Once considered a niche environmental play as the automotive industry focused on battery-electric and fuel cell vehicles, hydrogen internal combustion engines have gained renewed attention as a green vehicle technology. A pending European Union regulatory change would classify heavy-duty trucks using the engines — which burn hydrogen to push pistons — as zero-emission vehicles. That
0 Comments
Companies that make parts for internal combustion engines are facing a harsh future.  Revenues for internal combustion engines, as well as fuel and exhaust systems, are expected to decline 44% through 2027, according to the 2023 Deloitte Automotive Supplier Study. Meanwhile, revenues for electric drivetrains and batteries or fuel cells are expected to rise 245%,
0 Comments
Volkswagen and Xpeng’s jointly developed electric vehicles will use Xpeng’s G9 ‘Edward’ platform, in a boost for the Chinese startup that analysts said could lift its sales and profitability. Xpeng will also receive so-called technology service revenue from Volkswagen from next year onwards, overturning a four-decade-old model of foreign automakers charging their Chinese partners for
0 Comments
Auto supplier Dana Inc. said net income rose strongly in the second quarter, offset somewhat by currency headwinds, customer demand volatility and supply chain disruptions. The company said in a call with investors Friday that net income climbed $22 million to $30 million in the second quarter, a strong showing but not quite a full
0 Comments
Hydrogen fuel cell and battery- electric vehicles are companions, not opponents. The technologies should be considered complementary rather competitive, experts following the transition to a zero-emission future say. While they can overlap, fuel cell and BEVs will mainly fill different transportation niches. Most expect hydrogen to be a replacement in large vehicles, such as heavy-duty
0 Comments
“Humans are terrible drivers,” General Motors’ one-page advertisement in The New York Times and other papers last week claimed. The advertisement for Cruise, a GM-backed autonomous driving startup, argued that while “people cause millions of accidents every year in the U.S. … Cruise driverless cars are designed to save lives.” The advertisement prominently featured the
0 Comments