T Murrali (Murrali Thalor)’s Post

2-years ago our UK office commenced a trial journey with a BMW IX3. At the start of the trial they “enjoyed” the issues of range anxiety and lack of charging points in key locations. This resulted in detours and stressful stops when they discovered the charger was out of order, etc. Despite these issues they persevered and as things have improved dramatically, they have invested in the electric fleet. The team are happy and they have another 1 or 2 to make the switch shortly. This has been coupled with their other investments in efficient warehouse lighting, electric fork-lift trucks, greater recycling and a wholesale reduction in their waste generation. #sustainability #doingourbit #electricvehicles #sutainablebusiness #cleandriving #caribbeanlogistics #import #export #procurement

📌 General Motors (GM) is collaborating with Hyundai Motor Group to explore opportunities for shared sourcing and production, particularly focusing on batteries and electric vehicle components. The partnership aims to leverage both companies' supply chain strengths and improve the efficiency of EV manufacturing. This collaboration could significantly impact the electrification of their respective vehicle lineups. #EVManufacturing #SupplyChainCollaboration #AutomotiveIndustry

🗣️#Stellantis will make a decision on whether or not to end UK production in "less than a year," Ms Grazia Davino said. "Let me be clear, I want to keep the production in the UK," she added. Ms Grazia Davino said Stellantis may also opt to curtail sales by importing fewer fossil-fuel models into the UK as a way of meeting the target. It's the second attack on government policy from the firm in recent months. Stellantis chief executive Carlos Tavares said in April: "The ZEV mandate promotes the self-destruction of the industry. I am not going to sell cars at a loss. If the UK is sincere about having manufacturing activity in the UK and protecting it, then something must change." The company makes electric vans in Ellesmere Port, Cheshire and had announced plans to also make electric vans in Luton, Bedfordshire from 2025. But more needs to be done to spur consumer demand for EVs, Ms Grazia Davino said. If more electric cars aren't bought, manufacturers will be in breach of UK regulations 📖 Source https://lnkd.in/gEv3Gdak #IONAS #CleanMobility #eMobility #ElectricCars  #FutureMobility #Batteries #Automotive  #ElectricVehicles #AutonomousVehicles  #EV #Lithium #Innovation #Sustainability  #Recycling #Future #Energy #Efficiency #Technology #AVEVAI #TomTsogt 🔔👍

UK car production has seen growth for six months in a row: February was a great month for UK car production! It saw a remarkable increase of 14.6%, which is the best performance since 2021. The manufacturing for the domestic market was particularly impressive, skyrocketing by 58.0%. Not to mention, exports also had a solid rise of 4.6%. And here's an interesting fact: out of all the cars produced, more than a third were electrified vehicles. A total of 29,038 of them rolled off the production line in just one month! It's fantastic to see that UK car production has achieved growth for another month. This clearly demonstrates the strong demand for the latest British-built cars, not only within the country but also globally. Additionally, the industry's shift towards electrified vehicles is a promising development, which builds upon the significant investments made in the previous year. However, the UK industry is not without its challenges. Global competitors are actively seeking to secure new models and technologies, posing stiff competition. As we anticipate an election year, all political parties must prioritize and maintain our industrial competitiveness. Source: Society of Motor Manufacturers and Traders (SMMT) https://lnkd.in/eMmFh_GG

General Motors and Hyundai Motor Co. could cooperate in areas from passenger and commercial vehicles to electric cars and raw materials. General Motors and Hyundai Motor Co. have agreed to explore partnerships across a range of areas, including vehicle development and production as well as electric and hydrogen powertrain technologies, in a move that underscores mounting pressure on the auto industry to cut costs and achieve massive scale. GM CEO Mary Barra and Hyundai Motor Group Executive Chair Euisun Chungsigned a memorandum of understanding to "immediately" assess areas for cooperation and possible binding agreements, the companies said in a brief joint news release issued Sept. 12. "Potential collaboration projects center on co-development and production of passenger and commercial vehicles, internal combustion engines and clean-energy, electric and hydrogen technologies," the companies said. "The two leading global OEMs also will review opportunities for combined sourcing in areas such as battery raw materials, steel and other areas." The goal is to improve efficiencies, boost competitiveness, share cost burdens and bring a wider range of products to market at a faster pace, the companies said. Other details were scant, including what kind of time frame the companies were working under. The joint announcement made no mention of investments or the possibility of a capital alliance. Nor did the companies specify markets of focus. Barra said collaboration has the potential to enable "disciplined capital allocation." Cost reduction and increased scale are key priorities, the companies said. "This partnership will enable Hyundai Motor and GM to evaluate opportunities to enhance competitiveness in key markets and vehicle segments, as well as drive cost efficiencies and provide stronger customer value through our combined expertise and innovative technologies," Chung said. The agreement is expected to concern Hyundai but not sibling brand Kia. Teaming the top U.S. and South Korean automakers has the potential to generate mammoth scale and to leverage a huge tool chest of advanced technologies. Their combined sales exceed 10 million vehicles annually, with GM's tally of 6.2 million in 2023 and Hyundai Motor's 4.2 million. 10-million club Scale in the double-digit millions lifts the duo into the realm of Japanese giant Toyota Motor Corp. and German juggernaut Volkswagen Group. Toyota sold 11.2 million vehicles in 2023, including its Hino and Daihatsu subsidiaries. VW Group sold 9.2 million. The gambit is a rare move for South Korea's flagship manufacturer, which long ago brought Kia under its umbrella but has little history of deep cooperation with overseas rivals. GM, by contrast, has dabbled in loose partnerships in the past, including with Italy's Fiat and Japan's Suzuki and Subaru. GM still has a technological tie-up with Honda Motor Co. in areas such as hydrogen fuel cell systems and autonomous driving.

Some Positive news in the UK car industry 🚘📈 "...best January performance since 2021 and the fifth straight month of growth as global demand for British-built brands continued to grow" - British car manufacturing output *grows 21.0%* in January, to 82,997 units. - *Export volumes up 11.6%*, while production for UK market surges 64.5%. - Electrified vehicle production continues to grow, *up 4.5%* to 29,590 units. https://lnkd.in/ecmAFy6Z

𝗘𝗹𝗲𝗰𝘁𝗿𝗶𝗰 𝗖𝗮𝗿𝘀: 𝗢𝗻𝗲 𝗶𝗻 𝗙𝗼𝘂𝗿 𝗦𝗮𝗹𝗲𝘀 𝗶𝗻 𝗡𝗼𝘃𝗲𝗺𝗯𝗲𝗿 🚗⚡ Electric vehicles (EVs) accounted for a quarter of all cars sold in the UK last month, marking the 11th consecutive month of growth for EV registrations, according to the Society of Motor Manufacturers and Traders (SMMT). This surge, however, was largely driven by £4bn in discounts, as manufacturers worked to meet challenging government sales targets. While brands like Vauxhall (36%), Peugeot (29%), and Renault (27%) are surpassing the 2024 EV target of 22%, others face steep fines unless they purchase sales credits. The government remains firm on its ambitions, investing £2.3bn to support the transition to EVs, but manufacturers stress the need for sustained incentives to meet these goals. As the industry navigates the shift to electrification, businesses are embracing opportunities to lead the way in sustainable innovation. - At Allen & York, we’ve supported the recruitment of skilled professionals driving change in the electric vehicle and clean energy sectors. From engineering experts to sustainability leaders, we’re proud to help organisations meet their green objectives. Looking for top talent to fuel your growth in the EV sector? Contact us at [email protected] to learn more. https://lnkd.in/e-7Mmvmv #ElectricVehicles #EVRevolution #SustainableTransport #GreenJobs #NetZero #AllenAndYork

Volvo adjusts plans on fully switching to electric cars by 2030 — company According to Mobility Sweden, the Swedish industry organization for manufacturers and importers of cars, trucks and buses, in July, 5,516 new electric cars were registered in Sweden, which is down almost 15% from July last year STOCKHOLM, September 4/ Volvo Cars has revised its previously set goal of switching to production of exclusively electric cars by 2030, according to the company’s press release. Now the carmaker expects that by this date over 90% of global sales will be electric cars. The reason for revising the plans is related to changed market conditions and consumer demand. "It is clear that the transition to electrification will not be linear, and customers and markets are moving at different speeds of adoption," Jim Rowan, chief executive of Volvo Cars, said as quoted by the press service. According to Mobility Sweden, the Swedish industry organization for manufacturers and importers of cars, trucks and buses, in July, 5,516 new electric cars were registered in Sweden, which is down almost 15% from July last year. In total, the number has fallen by around 19% in the first six months of 2024. #business #finance #financialservices

GM and Hyundai: Exploring a Strategic Partnership for the Future In a move to enhance competitiveness and efficiency, General Motors (GM) and Hyundai have signed a Memorandum of Understanding (MoU) to explore potential collaboration opportunities. This non-binding agreement aims to leverage the strengths of both automakers in developing future vehicles, powertrains, and clean-energy technologies. Key Areas of Collaboration: - Vehicle Development: Joint efforts may include both passenger and commercial vehicles, focusing on internal combustion, electric, and hydrogen powertrains. - Supply Chain Synergies: The partnership could involve combined sourcing of battery raw materials and steel, benefiting from economies of scale. - R&D Efficiency: By collaborating, GM and Hyundai aim to reduce research and development costs and accelerate product development timelines. The discussions between the two companies are set to begin immediately, with the goal of forming binding agreements. This partnership follows the trend of automakers joining forces to remain competitive in a rapidly evolving industry. As GM CEO Mary Barra noted, the collaboration seeks to unlock the potential of both companies to deliver more competitive vehicles efficiently.

There’s a lot to learn about 𝐄𝐕 𝐚𝐟𝐟𝐨𝐫𝐝𝐚𝐛𝐢𝐥𝐢𝐭𝐲 from the French. 🚗 Making 𝐞𝐥𝐞𝐜𝐭𝐫𝐢𝐜 𝐯𝐞𝐡𝐢𝐜𝐥𝐞𝐬 financially accessible to as many people as possible is now one of the biggest challenges in achieving automotive sustainability. 𝐌𝐚𝐧𝐮𝐟𝐚𝐜𝐭𝐮𝐫𝐞𝐫𝐬 must drive down costs so they can reduce prices without unduly squeezing margins. Meanwhile, 𝐠𝐨𝐯𝐞𝐫𝐧𝐦𝐞𝐧𝐭𝐬 need to look at policies that offset costs, such as incentives and subsidies. Considerable innovation is likely to be required to achieve affordability without excessive government expenditure or squeezed OEM margins. There’s no alternative, because the whole future of automotive sustainability depends on the large-scale take-up of EVs – which, in turn, depends on affordability. France – has seized the initiative here, with visionary schemes to help consumers make sustainable choices. Throughout Europe, and beyond, all eyes are on the French market to find out what works and what doesn’t. Our automotive sustainability expert Emmanuelle Bischoffe Cluzel🌍summarizes the story so far. Her article discusses how individual OEMs can position for success in a new world of increasingly affordable EVs. Click to read it below. #AutomotiveIndustry #ElectricVehicles #EVs #SustainableMobility