Pennzoil has announced it will offer carbon neutral passenger car lubricants in North America, starting with their Platinum line of full synthetic motor oils. This is a quantum leap forward for parent corporation Shell to be a net-zero emissions energy business by 2050 or sooner.
Automakers around the globe have been issuing warnings for weeks that the semiconductor shortage will eventually result in fewer cars and leaner profitability reports. But the absent chips are affecting just about every industry producing modern connected devices, creating fears that electronic prices could skyrocket as availability dwindles. Lockdowns effectively crippled semiconductor supply lines right as demand peaked and everyone is starting to get a little worried about how it’s going to impact production in other industries.
The White House is reportedly taking steps to mitigate the issue by tasking Brian Deese (Director of the National Economic Council) and Jake Sullivan (National Security Adviser) with coming up with a solution. It’s also asking embassies to assist chip suppliers around the world however possible and hopefully suss out a way to stop the global shortage. Meanwhile, Deese and Sullivan will be focusing the brunt of their efforts on Taiwan.
In launching the Bolt EUV and EV, leave it up to Chevrolet and Disney’s Imagineers to spin a pretty good tale. Nick Cho, the creator of TikTok, better known as YourKoreanDad, was the host of their launch video.
Battery suppliers LG Chem and SK Innovation have what could be politely described as an intense rivalry. With the automotive industry desperate to secure reliable access to the most essential components for the planned electric vehicle offensive, chemical companies specializing in electronics are very much in demand and they’re all jockeying for power.
On Wednesday, the U.S. International Trade Commission (ITC) sided with LG Chem after it had accused SK Innovation of misappropriating trade secrets pertaining to EV battery technologies. But Ford CEO Jim Farley is asking the South Korean businesses to call a ceasefire and settle things out of court, presumably through the transfer of a large sum of money.
Goldman Sachs is creating a joint venture that will help it capitalize on automotive technology firms while they’re consistently being overvalued on the New York Stock Exchange. Automotive startups have become a hot item, so long as they’re trading on the assumed merits of new technologies, and there’s no shortage of new companies being propped up by established players. The last few years have been a merry-go-round of establishment automakers and financial intuitions investing in startups on the off chance they might have something useful.
Meanwhile, burgeoning electric vehicle companies are using special purpose acquisition firms (aka blank-check companies) to maximize their advantage. Even though some have argued this is being done unfairly, there’s not much accountability in general. The iron could not be more primed for striking if you happen to be one of America’s largest banks.
Actor Will Farrell describes Norway’s EV leadership in one of the more amusing Super Bowl commercials, and how General Motors is looking to change all that here at home.
Amazon’s founder and CEO Jeff Bezos announced today that he will transition to Executive Chair in the 3rd quarter of 2021, with Andy Jassy to replace him as CEO at that time.
Backed by Mini, URBAN-X’s ninth early-stage startup is an ongoing effort to improve city life, in the midst of the automaker’s waning sales.
Hawthorne, California-based AEM EV will soon debut an EV conversion control system that increases horsepower when using Tesla’s Large Drive Unit (LDU) base drive.
Splitvolt has answered two major drawbacks to electric vehicle (EV) ownership, slow charging and costly rewiring. Their Splitvolt Splitter Switch is a game-changer, rolling out this week at the virtual Consumer Electronics Show (CES).
The automotive infotainment operating system (OS) market is projected to grow by $247.84 million during 2021-2025, progressing at a compound annual growth rate (CAGR).
The first Mach-E delivery took place yesterday, according to macheclub.com. Sam Pack’s Five Star Ford in Dallas, Texas was the dealership, and the vehicle was a California Route 1 Mach-E in white.
John Cooper Works Mini and electrification, do they go together? Do buyers who pay a premium for the JCW brand want or need an electric version?
Apple has targeted 2024 to produce a passenger vehicle that could include proprietary self-driving and battery technologies, according to Reuters.
On Wednesday, General Motors announced plans to launch a version of Super Cruise on the 2022 GMC Sierra Denali modified to work with trailers. The hands-free driver assistance system (GM can’t call it “autonomous” because it technically isn’t) will stop being exclusive to Cadillac products and branch out into premium offerings from GMC and Chevrolet’s Bolt EV.
While unavailable until late in 2021, the next round of vehicles to be equipped with Super Cruise is supposed to see continued improvements to the system that allow for greater coverage. When the system originally launched on the Cadillac CT6 sedan, it was only eligible for use on specific divided highways for safety reasons. The greater emphasis on avoiding accidents was appreciated but it made the system seem more like a flashy gimmick than something any serious person would use on the regular. But GM has taken great strides to make sure that didn’t remain the case — hence the new trailer capabilities and ever-widening operating area.
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