|
Industry Roundup |
Electric & Hybrid Vehicles
|
General Motors partners with Oregon-based electric vehicle research and advocacy group, Forth, to develop grant templates to help organizations access federal, state grant money available for EV charging infrastructure; templates provided free of charge
Transport Topics (12/05)
General Motors begins full-scale production of BrightDrop Zevo 600 electric van at its assembly plant in Ontario, which is now the first in Canada to mass-produce electric vehicles; GM committed C$2B to convert plant for EV production
CE Noticias Financieras (Latin America) (12/05)
|
|
Light Vehicles
|
Hyundai Motor Group names Luc Donckerwolke president of the group; Donckerwolke had previously served as VP, chief creative officer at HMG
CE Noticias Financieras (Latin America) (12/05)
General Motors overtakes Nissan as the largest car seller in Mexico; GM’s year-to-date sales total 146,217 vehicles while Nissan has recorded year-to-date sales of 145,965 units
CE Noticias Financieras (Latin America) (12/02)
|
|
Sport Utility Vehicles (SUVs)
|
Chinese EV automaker BYD to start selling sedan and SUV models in Mexico in 2023; BYD targeting higher-priced vehicle segment currently dominated by Tesla
CE Noticias Financieras (Latin America) (12/05)
VW to follow Tesla, BMW in selling Chinese-built EVs in Europe due to limited production capacity in Europe; Tavascan EV SUV from VW’s Spanish brand Cupra is slated to be first Chinese-made vehicle exported to Europe
Business Day (South Africa) (12/05)
|
|
Heavy Trucks/Commercial Vehicles
|
Nestle to deploy Volvo's electric truck for intermodal transport of Nestle Waters and Maggi brands in Germany, with plans to expand electric fleet by nine more in next 15 months; truck lowers CO2, NOx emissions by around 80% as compared to diesel engines
Contify Retail News (12/05)
BrightDrop expands to first international market with addition of DHL Express Canada to portfolio, with plans to add its first Zevo electric delivery van to fleet by early next year; move is part of DHL's €7B target to reach net-zero emissions by 2050
U.S. Regulated Equity Markets (Alternative Disclosure) via PUBT (12/05)
|
|
All-Terrain/Off-Highway Vehicles (ATVs/OHVs)
|
Honda recalls about 2,900 2022 TRX90X ATVs in US because throttle cable can get stuck and result in a crash; consumers advised to stop using vehicles, contact dealer for free inspection and repair
Targeted News Service (12/05)
|
|
Pickup Trucks
|
Toyota leading UK consortium to develop prototype hydrogen fuel cell-powered Hilux pickup truck at Toyota’s Burnaston, UK, vehicle plant; two-year project to use components from Toyota second-generation fuel cell system used in Toyota Mirai vehicle
Electric Cars Report (Macedonia) (12/05)
Ford reports November total US sales down 7.8% to 146,364 vehicles, retail sales down 15.8% year-over-year; EV sales up 103%, car sales down 13.3% to 3,265 units, SUV sales down 15% at 61,889 units, truck sales down 1.2% to 81,210 units
dpa English (12/02)
|
|
Vans
|
GM subsidiary BrightDrop produces first EV delivery vans at its converted 2-million square-foot assembly plant in Ingersoll, Ontario; facility slated to make 50,000 EV vans annually by 2025
Reuters (12/05)
|
|
Auto Interior
|
GM extends Altia software services to deploy digital cockpit displays for Chevrolet Silverado EV; Altia software creates memory-efficient graphical displays for instrument clusters, vehicle infotainment systems, full integrated cockpit applications
Newswire.com (11/29)
Tesla reportedly working on Model 3 redesign; Reuters reports Tesla seeks to reduce cost, increase appeal of the EV by reducing number of components, complexity of interior, with vehicle to be made in Shanghai, China, and Fremont, California
Boy Genius Report (11/29)
|
|
Automotive Care
|
Valvoline establishes ESG and equality council to support continued progress on sustainabilty, DE&I and governance matters; Valvoline’s Board of Directors to oversee council’s activities
ENP Newswire (12/05)
Stellantis working with 2,600-plus US dealers to prepare for transition to EV sales and service; 70% of dealers in assessment process as Stellantis aims for 50% of US sales to be battery-electric vehicles by end of decade
PR Newswire (11/29)
|
|
Automotive Use
|
Axalta announces multi-year agreement as preferred paint partner for UK-based Steer Automotive Group; Axalta will supply its premium refinish brand Standox to Steer Automotive Group’s 57 UK sites
GlobeNewswire (12/05)
Yamaha to use plant-derived, recyclable cellulose nanofiber reinforced resin for personal watercraft parts for certain 2024 models; material made from wood resources is 25% lighter than existing resin materials, may be used in motorcycles in future
Yamaha Motor Corp. (12/05)
|
|
Auto Parts & Accessories
|
CarParts.com appoints Michael Huffaker as COO effective today to focus on the company’s delivery speed, safety, reliability; Huffaker most recently served as VP, Category Leader, at Amazon Fresh Grocery
PR Newswire (12/05)
Science Based Targets initiative validates AAM’s emissions targets; AAM’s goals include cutting Scope 1 & 2 greenhouse gas emission by 45% by 2030, reduce Scope 3 GHG emissions by 25%, require 66.7% of suppliers to have science-based targets by 2027
PR Newswire (12/02)
|
|
Tires
|
Goodyear extends partnership with NASCAR in new multi-year deal; Goodyear to remain exclusive tire provider for NASCAR’s top three national series, sponsor Goodyear 400 at Darlington Raceway in Darlington, South Carolina
Canadian Press DataFile (12/02)
Bridgestone Americas names Steve Hoeft President of Commercial Truck group to oversee Bridgestone’s go-to-market strategy; Hoeft previously served as COO of the group
Targeted News Service (Press Releases) (12/02)
|
|
Batteries
|
Pet product development company Green Lite Line releases Ultrasonic Anti-Barking Control Device on Amazon; device boasts being 3.3 times more effective than an anti-bark collar, features one-hour charge for 32-hour battery
EIN Presswire (12/02)
Cactos, a startup that converts old EV batteries into energy storage units, raises €2.5M to expand amid strong demand in Europe; Cactos uses proprietary cloud-based software to optimize energy consumption and provide uninterrupted power
Proactive Investors (12/02)
|
|
Car Dealers
|
Hyundai Motor America reports record November 2022 sales of 63,305 units, as total sales grow 43% from a year ago, retail sales increase 28% year-over-year; sales of Elantra HEV up 733% from a year ago, Kona EV sales up 113% year-over-year
PR Newswire (12/01)
|
|
Autonomous Transportation Technology
|
Uber Freight expands autonomous pilot with Aurora with commercial lane between Fort Worth, Texas, and El Paso to support Uber Freight customers during the holiday season; packaging solutions distributor Veritiv is among the route's earliest customers
Business Wire (12/02)
Natilus selects engineering company Janicki to design, fabricate composite parts for its autonomous aircraft; Janicki specializes in advanced composite materials, exotic metals to produce parts, tools and assemblies for aerospace and transport customers
Airline Industry Information (12/01)
|
|
Electric Vehicle Charging
|
STI Group produces compact corrugated packaging for Germany-based Spelsberg's Wallbox electric vehicle charger; design reflects the step-by-step installation process, with each component packed so that it is removed in the right order for installation
Contify Retail News (12/05)
Pepsi receives first electric Semi truck from Tesla, which features a center cab driver's seat to help with acceleration and an ultra-fast battery charging system; Tesla installed a Megacharger station at Pepsi's Modesto facility in California last year
dpa English (12/02)
|
|
Ride-Sharing/Mobility Services
|
Uber announces that the company is not considering eliminating jobs, although it is taking a more conservative approach to hiring; Lyft announced last month a reduction in workforce by 13%, elimination of its ride-hailing business
CE Noticias Financieras (Latin America) (12/02)
Report shows taking rides with Uber and Lyft can reduce air pollution costs by US$0.09 to US$0.13; however, extra driving to, from passengers increases other costs from congestion, crash risk and climate change by about US$0.45: Carnegie Mellon University
States News Service (12/01)
|
|
Automotive & Driving
|
Hyundai, Kia's EV sales in US sink in November as new EV tax credit law takes effect; Hyundai Ioniq 5 EV November sales down 24.4% from a year ago at 1,580 units, Kia EV6 November sales down 46% from a year ago to 1,186 units
Korea Times (12/05)
Tesla sells record 100,291 China-made EVs in November, up 89.73% from a year ago and 39.87% from October; Tesla makes EVs at its Shanghai, China, facility for Chinese market and export
CnEVPost (China) (12/05)
Tesla recalls 435,132 EVs in China for issue that may cause tail lights to fail to illuminate; recall includes 142,277 Model 3s made between December 2020 and November 2022, nearly 300,000 Model Ys made between January 2021 and November 2022
China Daily: Hong Kong Edition (12/05)
|
|
Auto Parts & Accessories
|
Ford Invests £150.0M In UK, including £125.0M at Halewood plant on Merseyside to transition to EV components and increase capacity by 70%; plant to make 420,000 units annually to power E-Transit Custom, E-Tourneo Custom, other vehicles
dpa-AFX International Compact (12/01)
Tenneco to supply Monroe CVSA2/Kinetic H2 semi-active suspension systems, Clevite elastomer anti-vibration performance materials to Rivian; Rivian to use parts in R1T five-passenger EV pickup truck, R1S seven-passenger SUV EV
Auto Business News (11/29)
|
|
Autonomous Transportation Technology
|
Honda unveils next-generation versions of Honda SENSING 360 and Honda SENSING Elite driver-assistive systems; current version of system installed in 99% of new models sold in Japan and the US and 86% globally
U.S. Regulated Equity Markets (Alternative Disclosure) via PUBT (11/30)
|
|
Batteries
|
Hyundai, LG Energy reportedly discuss building two JV battery plants in Georgia with annual capacity of 35 GWh at each plant reports online news outlet Dailian; plants would help Hyundai meet US EV subsidy rules
Big News Network (United Arab Emirates) (12/01)
Volkswagen Group and PowerCo SE launch site search for first battery gigafactory in North America; PowerCo and Canadian government sign addendum to memorandum of understanding to identify sites in Canada
Volkswagen AG (12/01)
Hyundai signs agreement with EV battery maker SK On to secure EV battery supply for Hyundai and Kia EV plants in Alabama, Georgia; agreement expected to help both companies meet new EV requirements imposed by US Inflation Reduction Act
Electric Cars Report (Macedonia) (11/29)
|
|
Electric & Hybrid Vehicles
|
Lexus developing a manual transmission for EVs to make electric vehicles more engaging to drive; technology uses unconnected gear stick and clutch pedal that use haptic drivers to create the experience of driving a manual transmission gasoline vehicle
Evo (12/05)
Stellantis and Qinomic partner to develop proof of concept to retrofit light commercial vehicles with electric drivetrains; retrofit could allow customers to extend life of vehicles, continue business in urban low-emissions zones
GlobeNewswire (12/02)
Volkswagen ID.3 EV facelift to launch in 2023; vehicle features new front bumper design, aggressive side air intakes, tweaked headlight signature, reshaped hood and latest software able to receive over-the-air updates
Auto Express (UK) (12/02)
|
|
Heavy Trucks/Commercial Vehicles
|
Emerson launches new TESCOMTM HV-3500 onboard regulator that improves hydrogen fuel cell system performance in commercial vehicles; regulator delivers steady pressure and constant hydrogen to fuel cells to extend fuel cell life, maximize fuel usage
M2 PressWIRE (12/01)
|
|
Light Vehicles
|
Subaru of America reports November sales up 51.7% from a year ago to 50,138 vehicles, year-to-date sales down 6.2% year-over-year to 499,821 units; Outback sales up 44.2% from a year ago to 15,069 units, Forester sales up 147.7% from a year ago
PR Newswire (12/02)
Kia America reports November sales up 25.1% year-over-year at 56,703 units; sales of Sportage family of SUVs up 144% from a year ago, EV sales up 133% year-over-year
Contify Automotive News (12/02)
Hyundai reports total sales for November up 10.7% from a year ago to 351,179 units, as Korean sales drop 1.8% year-over-year to 60,926 units, overseas sales up 13.8% to 290,253 units; year-to-date total sales up 1.2% to 3.6 million units
dpa-AFX International Compact (12/01)
|
|
Pickup Trucks
|
GM unveils new Chevrolet Montana pickup truck in Brazil with a double cabin and 1.2 turbo flex engine; vehicle to arrive at dealers in February 2023
CE Noticias Financieras (Latin America) (12/02)
South Africa attracts US$877.8M in capital investments to manufacture next generation Ford Ranger vehicles in the Tshwane Automotive Special Economic Zone
Agence de Presse Africaine (12/02)
|
|
Sport Utility Vehicles (SUVs)
|
BMW commences production of small-series hydrogen-powered iX5 model at pilot plant at its Munich Research and Innovation Center; vehicle to be used as a technology demonstrator for carbon-free mobility in select regions
German Equity Markets (Web Disclosure) via PUBT (12/02)
BMW XM PHEV SUV enters series production at Spartanburg, South Carolina, plant; new vehicle to be built along with X5, X6, X7 on the same assembly line
Electric Cars Report (Macedonia) (12/01)
Kia reports November global sales up 15% from a year ago to 252,825 units, with sales outside of Korea growing 15.4% to 200,625 units; global sales of Sportage SUV hit 39,335 units, Seltos sells 27,947 units, Sorento records 19,949 units sold worldwide
ENP Newswire (12/01)
|
|
xAutomobiles & Components group
|
Bridgestone investing US$250.0M from 2022-2026 to expand tire manufacturing operations by 36% at Heredia, Costa Rica, plant to serve local market and export; expansion adds 160 jobs to the firm’s current staff of 1,850 people in the country
PR Newswire (11/29)
|
|
Logistics
|
Trucking/Van Delivery
|
INEOS Inovyn to begin using hydrogen-fueled truck for PVC transportatin starting in Q1 2023, starting at production plant in Tavaux, France; a single truck will reduce CO2 emissions by 60 tonnes/year
Ineos Group Ltd. (12/05)
Mississippi River conditions, trucker shortages affect supply chain of materials such as fertilizer, metal, paper and steel coil to the Owensboro Riverport; freight is being diverted from to barge to rail, due to low river levels from severe drought
The Messenger (12/05)
|
On-Demand Local Delivery
|
Morrison Culinary Services helps Mayo Clinic add easier ways for staff to make better-for-you meal choices, including: scan and go; self checkout; app-based ordering with delivery; unattended retail that helps convert staff away from traditional vending
Food Management (12/05)
Uber's white-label delivery service Uber Direct to offer access to same-day delivery for independent retailers via National Retail Solutions' point-of-sale platform; NRS has over 20,000 active POS terminals operating at over 17,000 stores across the US
Supply Chain Dive (12/05)
|
Logistics/Transportation Infrastructure
|
Georgia Ports Authority to remodel docks at 200-acre Ocean Terminal in Savannah to feature 2,800-ft of berth space to serve two large container ships simultaneously, with work to begin in Jan. 2023; board also adds crane to fleet order for total of eight
Georgia Ports Authority (12/05)
American Trucking Assns. applauds Senate introduction of Truck Parking Safety Improvement Act, which would provide US$755M to expand commercial truck parking capacity across US; time spent looking for parking costs drivers about US$5,500 in compensation
States News Service (12/02)
|
|
|
Stock
|
Latest: Dec, 05 2022
|
Latest Value |
Prev |
Chg |
YOY Chg |
Watchlist |
Ford Motor (F)
|
13.37
|
13.86
|
-3.54%
|
-30.15%
|
General Motors (GM)
|
38.70
|
39.90
|
-3.01%
|
-35.19%
|
Tesla (TSLA)
|
181.42
|
194.86
|
-6.90%
|
-82.13%
|
|
|
|