Toyota to boost EV development and technology in China

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 strategy that includes an overhaul of its supply chain and the development of long-range batteries.

China was once regarded by foreign automakers as an opportunity for almost boundless growth. Now they worry about diminishing market share thanks to the fast rise of local competitors and cut-throat prices.

Toyota is to accelerate powertrain development with suppliers Denso and Aisin as well as local design and development of "smart cockpits" that meet the needs of the Chinese market, it said in a statement.

It said it would strengthen development of its full suite of electrified cars, not just battery-powered on…

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Carbeeza Inc. Announces Launch of UltraLead

CALGARY, Alberta--(BUSINESS WIRE)--Carbeeza Inc. (“Carbeeza” or the “Company”) (TSXV: AUTO), is pleased to announce the official launch of its innovative lead-enhancement tool “UltraLead” in Canada and the United States.

UltraLead leverages proprietary AI to enhance basic leads with highly accurate qualifying information. UltraLead is an application service that streamlines the lead pipeline for auto dealers and eliminates the need for extensive customer interviews and guesswork. The tool provides dealers with comprehensive insights into the lead's financial profile and options, resulting in improved efficiency and a higher degree of lead accuracy.

Carbeeza is offering a 14-day free trial period. During this trial period, dealers can integrate UltraLead into their existing incoming lead pipeline. After the trial period, a subscription service will be available, ensuring continued access to the powerful features and advantages of UltraLead.

“UltraLead wil…

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Lamborghini could hit 10,000 sales this year, CEO says

MILAN -- Lamborghini could sell 10,000 cars this year for the first time, its CEO said, as the luxury sports carmaker reported a rise in profit and revenues for the first half.

The Italian brand, a subsidiary of Germany's Volkswagen Group, sold 5,341 cars between January and June, up 4.9 percent on the same period last year. The United States was its largest single market, with 1,625 deliveries.

Chairman and CEO Stephan Winkelmann said it was not easy to make forecasts due to market uncertainties, including with raw materials, but added that selling 10,000 cars this year was a "feasible goal."

"It is not something we are obliged to achieve, but it's important to show what the health of the company is and how big (clients') willingness to buy our cars is," Winkelmann said.

Supported by the success of its Urus SUV, costing about 200,000 euros ($219,900) before tax, Lamborghini has in recent years expanded its output, relying on solid demand from we…

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Burning car carrier off Dutch coast with 500 EVs being towed away from shipping lanes

AMSTERDAM -- A burning car carrier off the Dutch coast is being towed to a new location away from shipping routes as part of a difficult operation to salvage the ship, the Dutch water board Rijkswaterstaat and media said.

The ship will be towed to a location 16 km north of the Dutch islands Ameland and Schiermonnikoog, Rijkswaterstaat said in a statement on Sunday.

The towing operation began on Sunday and it was not known when the ship, which was travelling from Germany to Egypt when the fire broke out, will arrive at its temporary destination, the board said, adding it depended on weather conditions, smoke development on the carrier, current and tide.

The fire on the Panamanian-registered Fremantle Highway, which was carrying new cars, resulted in the death of an Indian crew member and injury of seven who jumped overboard to escape the flames. Japan's Shoei Kisen, which owns the ship, said the entire crew of 21 was Indian.

A Rijkswaterstaat spo…

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The age of hydrogen may be about to start

Long touted as the fuel of the future but not of the present, the age of hydrogen may be about to start.

Billions of dollars in federal subsidies are part of a massive industrial policy pushing the energy source. The U.S. Department of Energy is pouring $7 billion into a series of regional hydrogen production hubs to make sure it’s available for transportation and heavy industry. It also plans to subsidize the cost of hydrogen when produced with green technologies.

Automotive News’ tech and innovation reporting team identifies the challenges and opportunities for hydrogen fuel adoption in autos and adjacent industries. The industry’s vision for a zero-emission future is clear, and there are multiple paths to get there. Policymakers are ensuring that hydrogen will be one of them. See our report.

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The Intersection 7-30-23

Industrial policy makes hydrogen the hot energy source

Always touted as the fuel of the future but never the present, the age of hydrogen is about to start.

Billions of dollars of federal subsidies are part of a massive industrial policy pushing the energy source. The Department of Energy is pouring $7 billion into a series of regional hydrogen production hubs to make sure that it's available for transportation and heavy industry. It also plans to subsidize the price of hydrogen when produced with green technologies.

By subsidizing the production of clean hydrogen, the government is encouraging its use by the steel, cement, iron, ammonia, petrochemical and specialty-fuel industries.

But policymakers need to make sure the methods used to produce hydrogen are clean. Nearly all the hydrogen currently produced in the U.S. requires carbon-emitting energy sources.

Automakers have spent years developing hydrogen fuel cell passenger cars only to …

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Column: Industrial policy makes hydrogen the hot energy source

Always touted as the fuel of the future but never the present, the age of hydrogen is about to start.

Billions of dollars of federal subsidies are part of a massive industrial policy pushing the energy source. The Department of Energy is pouring $7 billion into a series of regional hydrogen production hubs to make sure that it's available for transportation and heavy industry. It also plans to subsidize the price of hydrogen when produced with green technologies.

By subsidizing the production of clean hydrogen, the government is encouraging its use by the steel, cement, iron, ammonia, petrochemical and specialty-fuel industries.

But policymakers need to make sure the methods used to produce hydrogen are clean. Nearly all the hydrogen currently produced in the U.S. requires carbon-emitting energy sources.

Automakers have spent years developing hydrogen fuel cell passenger cars only to discover there's almost no consumer interest. New-car buyers loo…

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GM’s Charlie Freese on the potential for hydrogen fuel cells (Episode 209)

The executive director of GM’s hydrogen fuel cell business highlights the automaker’s history with fuel cells, explains when to use fuel cells vs. electric vehicle batteries and shares how GM is taking the tech to other industries. The episode is part of an Automotive News project on hydrogen technology.

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Highlights from the latest ‘Daily Drive’ podcasts, July 21-27

Here are highlights from the latest episodes of 'Daily Drive', Automotive News' weekday podcast, July 21-27, hosted by Jamie Butters with Kellen Walker.

“If there’s a bicyclist or a pedestrian on the side of the road, it may gently help try to steer just ever so slightly away from them or potentially even apply just a little bit of braking before you get to them in a way that’s very subtle, you may not even notice.” — Nick Sitarski, Toyota Motor North America vice president of integrated vehicle systems, on the company’s new driver-assistance systems

“These are great challenges … because it gives us new opportunities to differentiate. And I think as we now get those mainstream [EVs] out there, we’ll start finding other unmet needs.” — Chris Helsel, chief technology officer for Goodyear, on the challenges of supplying tires for electric vehicles

“The Audi brand is just on the dawn of a really large product initiative. It’s actually the largest product ini…

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Audi’s Hildegard Wortmann: ‘Edutainment’ needed to boost consumers’ confidence in EVs

WASHINGTON — Consumers will continue have a choice between electric and combustion powertrains for the next several years, but Audi's global head of marketing and sales says automakers need much more "edutainment" to salve consumer apprehension about electric vehicles.

Hildegard Wortmann visited the U.S. this month as part of the German premium brand co-hosting the Major League Soccer All-Star Game against Premier League champion Arsenal at the Audi Field stadium in Washington, D.C. Wortmann said automakers shouldn't be "dogmatic" when marketing EV, but they need to educate consumers about their benefits while entertaining them and easing their concerns.

"I want the customers to be aware that there is a choice and that they can go for an electric car, and that this electric car does offer 300 miles, does offer fast charging, which I think is more important than actually the range," Wortmann told Automotive News here. But, she said, automakers ne…

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Suppliers, seeking price concessions, get rare leverage in contract talks

A Michigan Supreme Court opinion could help suppliers get what they've been longing for over the past few years: more leverage to extract price concessions from their customers.

Michigan's high court ruled this month that buyers must be explicit in contracts in saying what they intend to buy from a seller. Contracts between auto suppliers and their customers sometimes use "wishy-washy language," said Dan Rustmann, co-chair of Detroit law firm Butzel's global automotive group.

But because of the court ruling, customers in Michigan must now either state a specific number of parts that they intend to purchase or specifically say what percentage of parts they will buy over the course of the contract.

"You have to use very specific language that says you're buying your [contractual] requirements," Rustmann said. "You have to use clear language now."

The ruling in MSSC Inc. v. AirBoss Flexible Products Co. — a dispute betwee…

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Nissan next EV push looks to recover lost footing in segment it pioneered

Nissan, an electric vehicle pioneer that has seen its early lead in the segment evaporate, will seek redemption with a fleet of high-performance, smartly designed battery models, including a fastback and lightweight pickup.

Nissan expects zero-emission vehicles to account for more than 40 percent of its U.S. sales by 2030.

To deliver more affordable EVs, the Japanese automaker is developing an integrated powertrain unit that is 10 percent smaller and costs 30 percent less to produce than its current hardware.

But Nissan is off to a sluggish start with its EV comeback in the U.S.

The heavily hyped Ariya electric crossover arrived in late 2022 — about a year behind schedule. Manufacturing problems this spring had Ariya production reportedly running at least a third below plan. Meanwhile, the Japan-made EV has been iced out of the $7,500 U.S. federal tax credit for EV purchases that is available to some U.S.-built competitors. In the first six mont…

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