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Mercedes-Benz partners with Luminar to develop passenger car automated driving technologies using Luminar's lidar and Mercedes' data-driven product updates approach; Drive Pilot automated driving system to enter production in S-Class and EQS this year

Franchised dealers key to EV transition in US, as dealers provide financing, maintenance, education on operating EVs, says NADA spokesman in US House hearing; trade group urges non-proprietary, publicly financed EV charging stations and standardization

Volvo partners with tech companies in move to full electrification; partnerships include Luminar’s lidar for autonomous driving system in new EV SUV, integration with Google Assistant devices and Qualcomm’s cockpit infotainment system in all EVs

Subaru of America reports December vehicle sales of 51,146 cars, down 19.5% year-over-year as company continues to face supply chain shortages, while YTD sales drop 4.6% to 583,810 cars from same period in 2020; Forester, Outback, Crosstrek top performers

Mercedes-Benz and Swiss auto body conversion specialist Sortimo Walter Ruegg jointly unveil eCamper EV motorhome based on EQV V-Class van; two battery options with 213 km to 363 km range offered along with optional 400-watt solar modules

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An example of a few headlines sent to our customers on Jan, 04 2022
Automobile Industry

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January 04, 2022

Industry Roundup

Electric & Hybrid Vehicles

Electra Battery Materials signs five-year cobalt tolling contract with mining giant Glencore to produce a low carbon, battery grade cobalt product for the EV market; company will begin production of battery-grade cobalt sulfate in late 2022
Red Deer Advocate (01/03)

Rivian Automotive to delay delivery of its R1T electric pickup truck, R1S sports utility vehicle with big battery packs to 2023; company has 71,000 preorders of its R1T, R1S in US, Canada, but majority are for the small battery pack versions
Zack's Commentary (01/03)

Light Vehicles

Tesla recalls over 475,000 Model 3, Model S EVs in US over rear camera and trunk issues that could increase risk of a crash; recalled vehicles include 2017-2020 Model 3s due to faulty coaxial cable for backup camera that attaches to harness on trunk lid
US Official News (01/03)

NIO achieves new quarterly record, delivers 91,429 vehicles in 2021, an increase of 109.1% from 2020; NIO delivers 10,489 vehicles in December, up 49.7% year-over-year, delivers 26,034 vehicles in Q4, up 44.3% year-over-year
NIO Inc. (01/03)

Sport Utility Vehicles (SUVs)

Honda begins production of 2022 Acura MDX Type S SUV in East Liberty, Ohio, and will arrive at dealerships soon
Honda Motor Co. Ltd. (12/29)

Heavy Trucks/Commercial Vehicles

BYD launches range of electric, zero-emission trucks in Hungary, with orders slated for delivery in 2022; range includes ETP3 panel van and ETM6 cargo truck, which is geared toward logistical operations and claims the longest driving range of its class
BYD Co. Ltd. (12/28)

Volvo receives order from European logistics firm DFDS of 25 more heavy electric trucks, totaling order to 125 Volvo FM trucks for delivery in Q4 2022; DFDS EVP says working with Volvo allows firm to invest further in green transport solutions
Volvo Car Group (12/28)

Automotive Use

Rising petrochemical demand will support rising oil consumption in China through 2030; after 2030, oil demand will fall as electric vehicles become more common, according to research institute affiliated with CNPC
Reuters (12/28)

Auto Parts & Accessories

Toyota to launch Kinto Factory service in Japan in 2022 to allow customers to hold on to their present vehicles for a longer period; service provides hardware, software update options to keep cars up to date, enabling them to deploy safety technologies
Auto Business News (12/29)

VW, Novonix, GM, others investing in EVs, battery production in Tennessee; Nova Scotia-based Novonix makes high-performing graphite for batteries, will open Chattanooga plant next year employing 300 people, looking at second site to employ 1,000 workers
Chattanooga Times Free Press (12/29)

Tires

Carbon black producer Monolith signs collaboration agreement, letter of intent with Goodyear Tire & Rubber to develop, find potential uses for the clean carbon black produced at its expanding Olive Creek facility in Hallam, Nebraska
Chemical Business Newsbase (Press Release Abstracts) (01/03)

Hankook Tire & Technology wins 2021 Good Design Award for its SUV/LT tires Dynapro AT2 Xtreme, Dynapro XT, which were first unveiled in North American market last October
Contify Automotive News (12/28)

Batteries

Fitch forecasts global EV sales to reach over 26.7 million units in 2030, representing year-over-year growth of 379.0% from 2021; annual global EV batteries demand, in terms of total capacity, to reach 1,925 GWh by 2030, up 688% from 244.7 GWh in 2021
Fitch Solutions Sector Intelligence (12/28)

Vehicle battery manufacturer Clarios to showcase new smart energy storage technology at CES 2022 in Las Vegas, Jan. 5-8
Contify Automotive News (12/28)

Autonomous Transportation Technology

TuSimple completes what it says is world's first fully autonomous semi-truck test run on public roads; truck navigated over 80 mi. on surface streets, highways at night to distribution center in Phoenix from railyard in Tucson, Arizona
PR Newswire (12/29)

REE Automotive to display its functional ultra-modular EVs, electric platform prototypes, demos of its REEcorner technology with full x-by-wire at CES 2022 in Las Vegas, Jan. 5-8
PR Newswire (12/28)

Electric Vehicle Charging

Connecticut utility regulators to add charging stations around Connecticut in 2022 to entice residents to buy more EVs; Public Utilities Regulatory Authority to incentivize companies to install charging stations to reach state goal of 150,000 EVs by 2025
The Wilton Bulletin (12/29)

Wisconsin has 7,521 registered EVs as of mid-2021, up 156% from 2018 and more than eight times higher than in 2016; around 60% of EVs register in Dane, Milwaukee, Waukesha, Ozaukee, Washington, Racine counties: Wisconsin Department of Transportation
Milwaukee Journal Sentinel (12/29)

Ride-Sharing/Mobility Services

Ansys to showcase latest simulation capabilities for sustainable mobility at CES 2022 in Las Vegas, Jan. 5-8
PR Newswire (12/28)

Automotive & Driving

Stellantis CEO Carlos Tavares to host live webcast during CES 2022 to discuss company's transition to a sustainable mobility tech company; webcast takes place Jan. 5 at 11 a.m. EST from Las Vegas Convention Center
Stellantis NV (01/03)

Tesla produces 305,840 vehicles, delivers 308,600 EVs in Q4, including 296,850 Model 3/Y, 11,750 Model S/X; in 2021, Tesla delivers 936,172 vehicles, including 911,208 Model 3/Y, 24,964 Model S/X vehicles
Tesla Inc. (01/03)

Honda to unveil Civic Type R prototype Jan. 14-16, at Japan's premiere high-performance and custom car show, Tokyo Auto Salon
Honda Motor Co. Ltd. (12/29)

Auto Parts & Accessories

Goldman Sachs: Car prices will keep climbing into 2022 as chip shortage lingers; prices for used and new cars expected to peak in Q1 and Q2, respectively, and omicron adds major risk to supply recovery, could force chip factories to shut down
Business Insider (12/28)

Marelli to showcase latest in lighting, sensing, electronics, electrification for automotive industry at CES 2022 in Las Vegas, Jan. 5-8
PR Newswire (12/28)

Automobiles & Components group

Chinese EV maker Nio unveils all-electric ET5 sedan to compete against Tesla's popular Model 3, with 550 km range on single charge; car will be available in September 2022, while ET7 electric sedan, which could rival Tesla Model S, launches in March: CEO
Daily Independent (12/29)

Wood Mackenzie projects share of EVs in global market to double in 2022 and global sales to exceed 8.5 million units, despite weakened government support; Europe will continue to give up its 'supercredits' and China will cut back on subsidies for EVs
Trend News Agency (12/29)

Hyundai raises its global EV sales target for 2026 to 1.7 million units from 1 million units, underscoring its push to meet growing demand for EVs; company plans to double its EV lineup to at least 13 models by 2026: Hyundai CEO Chang Jae-hoon
Indian Manufacturing News (12/29)

Autonomous Transportation Technology

MORAI to unveil SIM Cloud, new SaaS cloud-based autonomous driving simulation technology, at CES 2022 in Las Vegas, Jan. 5-8
PR Newswire (12/28)

Batteries

Graphite gaining ground as important EV battery material, prompting companies like Tesla to seek out new suppliers; 90 companies in the US consume graphite but there is no domestic production of natural graphite in the country
Proactive Investors (12/28)

Electric & Hybrid Vehicles

Ford delivers its first China-produced Mustang Mach-E in December from its Changan production line, which launched Oct 18; Ford sells its Chinese EVs directly to customers through 25 stores instead of through traditional dealerships
Zack's Commentary (12/29)

Wedbush: Tesla in strong position heading into 2022, with catalysts like solid Chinese demand, opening of new factories in US and Germany; by 2022, Tesla estimated to have the capacity to produce about 2 million cars/year from about 1 million today
CE Noticias Financieras (12/28)

Canadian EV tech firm eLeapPower secures C$21M in funding to develop inverter that would let EVs charge faster, travel farther, open R&D facility in China; financing round will allow company to scale up while validating, refining its technology
Financial Services Monitor Worldwide (12/28)

 Logistics

Trucking/Van Delivery

Burris Logistics' 3PL freight brokerage division Trinity Logistics acquires Scottsdale, Arizona-based Team Eagle Logistics; Team Eagle to serve as Trinity's seventh regional service center, which will enhance company's southwest footprint
PR Newswire (01/03)

New Jersey-based supply chain provider NFI promotes Melissa Winkelman to SVP of human resources to help broaden talent strategies to match company's growth; Winkleman started at NFI in 2015 as VP of human resource operations and compensation
NFI Industries Inc. (01/03)

On-Demand Local Delivery

Rapid grocery delivery service Buyk expands to Chicago with 6 dark stores, plans to open another 14 dark stores by end of Q1; company is targeting rapid expansion across US in 2022, now operates 35 stores following its launch in New York three months ago
Business Wire (12/29)

Study of US, Canadian restaurants finds crewmember shifts up 111% since 2019 as owners turn to generic, do-it-all roles to fill scheduling gaps; delivery drivers are also working 85% more, patio roles up 77% due to pandemic-driven outdoor seating: 7shifts
QSR Web (12/28)

Logistics/Transportation Infrastructure

Sumitomo Corp. partners with Oshima Shipbuilding to design, develop an ammonia-fueled dry bulk carrier to reduce GHG emissions; move aligns with Sumitomo's ammonia supply chain initiatives, including launch of an ammonia supply business in Singapore
Gulf Oil & Gas (12/29)

Economist Intelligence Unit index ranks Copenhagen as world's safest city, followed by Toronto, Singapore, Sydney and Tokyo, based on digital, health, infrastructure, personal and environmental security; Yangon, Myanmar, ranked as most dangerous city
24/7 Wall St. (12/28)

 Stock

Latest: Jan, 03 2022

Latest Value Prev Chg YOY Chg
Watchlist
Ford Motor (F) 21.77 20.77 4.81% 147.67%
General Motors (GM) 61.17 58.63 4.33% 46.90%
Tesla (TSLA) 1,199.78 1,056.78 13.53% 70.02%
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