Hitachi bus deal, Russia sales boost, Honda Ignition expanded – the week

Hitachi bus deal, Russia sales surge, Honda Ignition expands – the week

Jaguar Land Rover is working on a Defender-based hydrogen fuel cell vehicle

Hitachi Europe, a wholly owned subsidiary of Hitachi, and Arrival have teamed up to bring new bus and infrastructure solutions to the European bus industry. The non-exclusive partnership combines Hitachi’s digital and operational capabilities with Arrival’s products, which it claims are competitive in price with fossil fuel alternatives. Together, both companies say they will work with operators to provide integrated end-to-end solutions that span all aspects of owning and operating arrival vehicles; this includes, for example, charging infrastructure and digital tools. It is argued that deploying these solutions not only simplifies the transition to electric vehicles, but, combined with the lower total cost of ownership that Arrival’s vehicles and technologies provide, creates a “hugely compelling financing model” that enables businesses to transition to electric vehicles around the world will accelerate the UK, Germany, Italy, Spain, Scandinavia and the EMEA region ”.

Russia In May, new car and light commercial vehicle sales increased 134%, or 84,345 units, compared to the same month last year, and totaled 147,378 cars according to AEB Automobile Manufacturers Committee (AEB AMC). “The growth in new vehicle sales in May 2021 is at the very high level expected compared to the same month last year, especially for the volume leaders,” said AEB AMC Chairman Thomas Staertzel. “That month, 147,378 new cars and light trucks were sold, that is [a] 133.8% increase compared to [the] Comparative period last year and also 6.7% compared to [the] Increase in May 2019 (approx. 10,000 more cars). YTD, May 2021 is 38.7% higher than [the] Period of the previous year, including the COVID-19 pandemic lockdown effect in 2020. “We will observe the same situation in June, but from July we will see a more realistic month-on-year comparison. In the summer months, we will also see the effects of the limited supply due to the global shortage of electronic components.

Honda has expanded its ignition ideas incubator program to cover most workers in Japan and brought in a venture capital firm to help evaluate innovation. Ignition is a program that gives shape to the original technology, ideas and design of Honda employees, helping to solve social problems and create new value. The program was launched in 2017 by Honda R&D, the research and development subsidiary. Since its inception, Ignition has received many applications with new business ideas, and several proposals that have a high degree of compatibility with the Honda business are already being pursued with a commercialization in mind. There have also been suggestions that could deliver faster value if followed through a startup company and take advantage of the unique characteristics of startup companies; So in 2020 Ignition added an option for commercializing new business ideas through business ventures in addition to commercialization within Honda.

Continental will close its induction plant factory in Nadab in the Romanian district of Arad and transfer the work to its unit for heating / cooling rubber hoses in Carei in Satu-Mare, according to local reports. The operational transition from Nadab to Carei is to take place gradually by mid-2022, according to a message from the supplier. Over 300 workers at Nadab will be affected by the transfer and will be relocated to Carei, while a small number will be relocated to Timisoara, Continental said. It would offer employees who did not want to switch a compensation package in accordance with local laws.

Former United Auto Workers (UAW) President Gary Jones was sentenced to 28 months in a US federal prison after pleading guilty to stealing around $ 1 million in union money. A court heard reports of upholstery bills for lavish golf resort vacations, fine whiskey and cigars. Jones also pleaded guilty to hiding income to avoid taxes. “I let my family down and I let my union down,” Jones said, according to Automotive News, and suffocated in court. “I pray every day that the UAW will not be harmed and that it will be stronger and more organized.” Jones’ predecessor Dennis Williams was sentenced to 21 months in prison last month. Jones’ evidence helped convict him and reduced his own sentence. He also has to repay stolen money. The hearings for both men have been postponed because of the pandemic. The UAW said in a statement that Jones’ conviction “closes a very dark chapter in the history of the UAW.”

Artists and art collectors can now purchase a Polestar 1 with art on it. Polestar, which is owned by Geely, says production of the low-volume hybrid Polestar 1 will cease later in 2021. Prospective buyers are given the opportunity to pay for the 155,000 euro vehicle by trading in art they already own. Thomas Ingenlath, CEO of Polestar, says: “I love the idea of ​​having artists and collectors buy a Polestar 1 with art – it’s such a special car and we wanted to celebrate it in a unique way before production ends. It’s handmade, precious, and tangible, like a work of art. ”Polestar’s initiative takes place amid a recent art boom that is creating new avenues of art trading, from non-fungible tokens (NFTs) to a pair of Kanye West-designed shoes that recently were sold at auction for $ 1.8 million – as well as auction prices for classical and contemporary art has skyrocketed lately.

Jaguar Land Rover (JLR), owned by Tata, is developing a prototype hydrogen fuel cell electric vehicle (FCEV) based on the new Land Rover Defender, with tests scheduled to begin later this year. The FCEV concept is part of Jaguar Land Rover’s goal of zero tailpipe emissions by 2036 and net zero carbon emissions by 2039 across its supply chain, products and operations, in line with Reimagine’s strategy announced last month.

Toyota Motor is striving to make all of its global activities climate neutral by 2035 – bringing forward the previously announced date from 2050, according to a senior executive at the company. Masamichi Okada, chief production officer, said to achieve these goals the company will introduce new technologies into its most polluting processes like painting, coating and casting. He added, “These processes generate high levels of CO2 emissions, so we will initially focus on improving as much as possible in these areas and even eliminating CO2 emissions completely.” Okada also confirmed that the automaker is also considering would use both on-site and off-site power sources to increase the use of renewable energy.

After a stony 12-18 months, Nissan tries to find a way to Ghosn. The good news is its strength in China, and to a lesser extent in the US and Japan. In Europe, South America, India, Africa and the Pacific, things remain tougher. If the RNM Alliance can be strengthened, the future of the Nissan brand may look a lot brighter. And when it comes to next-generation vehicles, there are many potential sources of success.

With a contribution of US $ 620 million (EUR 500 million), Volkswagen is participating in a financing round of its Swedish battery partner Northvolt AB with a total volume of US $ 2.75 billion. VW said its latest investment will keep its stake in the company constant at around 20 percent. The funds are to be used to expand capacity in the areas of production, recycling and research and development. Among other things, Northvolt plans to expand the capacity of its Gigafactory Northvolt Ett in Skellefteå, northern Sweden, from 40 GWh to 60 GWh per year to meet the increased demand from automotive OEM customers.

Throughout the 2010s, Venucia, a joint venture division created by Nissan and Dongfeng Motor, was doing exceptionally well. In December 2020 it was incorporated as a new separate division in Dongfeng Nissan Motor Limited (DFL). The partners said they would continue to develop the brand with a stronger focus on electric vehicles. Sales skyrocketed right after the launch in 2012 and then continued to grow from year to year. The cars were very attractive due to the low prices, many of them thanks to the use of old Nissan platforms and powertrains, as well as low wage rates in the PRC. The current range of products is small, construction costs have increased and consumers will no longer accept classic cars unless they are spectacularly cheap. So what should Nissan do, especially if it has to be careful not to upset Dongfeng?

I wish you a nice weekend.

Graeme Roberts, assistant editor, GlobalData Just Auto


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