Urvaksh Karkaria’s Post

Volkswagen Mexico reports a 20.4% increase in production as it phases out the Tiguan to introduce the new hybrid SUV, Tayron. Stay informed on the latest automotive developments and trends in Mexico! Follow #MexicoBusinessNews for updates! #MexicoBusinessNews #MexicoAutomotive

Japanese auto giants Nissan Motor Corporation and Honda have announced their collaboration to develop cutting-edge auto intelligence technology and bring down electric vehicle costs. This game-changing partnership is not just about building electric cars but setting their sights on the future. Both automakers have fallen behind in the development of auto intelligence technology, an area that could play a crucial role in the race against Tesla and Mercedes-Benz AG. This groundbreaking collaboration follows the Volkswagen Group - Renault Group talks in Europe and marks a pivotal moment in the fight against the rising tide of Chinese dominance in the legacy industry. Chinese automakers like BYD are killing it with in-house battery production, and this partnership could be the key to unlocking next-gen car intelligence. #EVRevolution #LegacyAutoEvolves #ChinaDisruption #FutureofMobility

BYD taking on the likes of Ferrari, Automobili Lamborghini S.p.A., McLaren Automotive Ltd and others? The company continues to increase the number of segments in which it competes, and is now the largest producer of EVs on the planet. Skepticism about U9 supercar exists of course, but for a measly $233,000, it may attract some attention. The U9 supercar will be part of BYD’s luxury brand Yangwang (??), which was only introduced last year and has launched two other vehicles. #automotive #automotiveindustry #marketing #digitalmarketing #sales #leadership #management #innovation #ecommerce #branding #ai #brand #ev #electricvehicles #technology

Germany’s automotive powerhouses - Volkswagen Group, BMW Group, and Mercedes-Benz AG - are feeling the pressure as Tesla and BYD lead the EV revolution. The race to dominate electric mobility is intensifying. #EVs #ElectricVehicles #AutoRevolution #Sustainability #Innovation

"Volkswagen, Renault and Stellantis are thinking the unthinkable, exploring tie-ups with sworn competitors to make cheaper electric vehicles and fend off existential threats. As Chinese rivals and Tesla expose competitive weaknesses at Europe’s biggest mass-market automakers, it’s become clear that a sense of urgency is growing and a business-as-usual approach is a losing option (...) He has previously said that Europe’s auto industry faces a “bloodbath” if it does not adapt. Pushed by a slowdown in the pace of EV adoption, auto executives are discussing ideas ranging from pooling development resources to bundling businesses across European borders to better compete in the once-in-a-generation shift. The coming months are crucial" #automotiveindustry #europe https://lnkd.in/e9C2KsrV

This morning, I posted a slightly grumpy note about GM's rendering of future charging stations. Then, big news dropped: Hyundai Motor Company (현대자동차) and General Motors will partner on a *wide* range of cooperative projects. So, here's ... JV's Hot Take. (1) FUTURE EV + ICE PLATFORMS: This is incredibly smart. GM + Honda ended their announced joint venture to develop inexpensive #EV models. Given a choice for EVs between Honda + Hyundai, I'd take the latter in a hot second. And I haven't even seen the Kia EV3 yet, just read the rave reviews. Even more, ICE + hybrids are part of the deal. Hyundai wants to develop a new small 3/4-cylinder family to use in developing markets. That could be used by GM for lower-end models, sharing R+D to lower costs. (Thereby proving the late Sergio correct: "Why does the world NEED two dozen fundamentally identical 2.0-liter inline 4-cyl combustion engines?") (2) HYDROGEN: I note the pact includes HFCVs, where no maker can go it alone. GM has been conservative here, but it already has a JV with Honda to manufacture fuel-cell stacks. Honda + Hyundai are two of the three firms that have sold HFCVs in the U.S. Is this a 3-way alliance to fight Toyota in hydrogen-powered heavy trucks? (3) MINERALS: To get scale in EVs (both partners plan on BIG scale), you need your own mineral resources. Hyundai owns mines; imagine the power of GM + Hyundai combined. They'd be a big customer with a lot of throw weight ... to get priority over smaller OEMs. (4) SOFTWARE: Not just for infotainment but for battery management and indeed Software-Defined Vehicles overall. Though the infotainment discussions may be interesting ... GM: "No more AA/ACP for us. But we give buyers 3 entire years of App Access FREE (before hitting them for $15/month)!" HYUNDAI: "Weird. We give the buyer connectivity as long as they own the car. And AA/ACP too" All that said, eager to hear your thoughts. #autoindustry #automotive #electriccars #electricvehicles #hyundai #gm #generalmotors

-Nissan said it would launch 30 new models over the next 3 years and aim to increase global sales by 1 million vehicles while cutting costs to improve profitability.  -Nissan expects their vehicle lineup to be 20% EV, 20% hybrid, and 60% ICE.  -Nissan now aims to have electrified vehicles, including hybrids, make up 60% of global sales by 2030.  -Nissan and Honda back in March said that they would consider a strategic partnership to collaborate on key components for EVs and other areas.  -Nissan plans to launch 7 new models in the US and Canada. Full story below: #Nissan #hybrid #EV #Honda #automotiveindustry #automotive #manufacturing #OEM https://lnkd.in/gaDtY9vX

Volkswagen Group is taking several steps to stay competitive in #China. In November, the automaker unveiled its "In China, for China" plan. Last week, it shared new details of the plan's key components, which include: 💰 Reducing vehicle costs by 40% 👨💻 Introducing a new, locally developed tech platform 🤝Key partnerships with local automakers like XPENG and SAIC Motor Read more in the story below 👇 #automotive #technology

Everybody is clamoring for less expensive #electriccars. The #Chinese have already figured out how to build them, but everyone is freaking out about how cheap cars from #China will destroy traditional automakers. Tesla says it is going to build one — soon. #Renault is planning an electrified version of its iconic Renault 5. #Volkswagen Group is charting its own course toward less expensive #electriccars. Here’s the latest on those cars’ underdevelopment by Volkswagen. Volkswagen ID.1 Moving Forward Volkswagen ID.1 concept. Courtesy of Volkswagen At a financial presentation this week, Thomas Schäfer, CEO of the Volkswagen brand, said work on the ID.1 (that name may change when the car goes into production) is progressing and the car is expected to debut in 2027 at a starting price of €20,000. Although work on the design is underway, there are still numerous fundamental issues to be resolved, namely how to manufacture it in a way that allows the company to sell those cars at a profit. The exact implementation and where the vehicle will be built is still to be decided. “This is extremely challenging economically,” Schäfer told Der Spiegel. Due to the high battery costs, a price of €20,000 can only be achieved if the vehicle is manufactured in substantial quantities. Four scenarios are being examined to determine how this target can be achieved. Volkswagen is also rumored to be talking to Renault about cooperating on the small electric car to achieve larger quantities. The French company wants to launch an electric Twingo on the market in 2025, which will be based on a slimmed-down version of the AmpR Small platform. Volkswagen could adopt the platform and build the ID.1 together with Renault or have the French company build it for Volkswagen on a contract basis. The ID.2, which has already been confirmed, will be presented as a series version at the end of 2025 and launched on the market in 2026. With an LFP batter, that car is expected to retail for €25,000. Volkswagen has yet to confirm whether this will also be available at market launch or only the more expensive top model with an #NCM battery. Schäfer says that the on sale date for the ID.1 was “deliberately” set one year after the ID.2, which is planned for 2026. He said a decision about where the car will be made and who will make it will be made “in the coming weeks.” A year ago, Schäfer hinted that an ID.1 was under consideration after the ID.2 goes on sale. “That’s the next challenge. We’re working on that,” he said at that time, adding that there was talk of “several options,” including the acquisition of a platform from another manufacturer. However, Schäfer has since qualified his thoughts by saying he thinks “we can do it alone.” Schäfer said he intends to stick to the basic electric car plans despite the recent slump in #EVsales. “The future of Volkswagen is electric. We stand by our plans,” he said. Volkswagen ID.1 concept. Courtesy of Volkswagen

Is there any reason Toyota shouldn't go all-hybrid. Like, now? The Japanese automaker already has made hybrid gas-electric engines standard in popular models like the Camry sedan, Sequoia SUV and Sienna minivan. And demand for hybrid versions of the RAV4 and Corolla compacts is off the charts. Much like one wouldn't expect wielders of iron age technology to keep a stockpile of bronze weaponry or propellers to win out over jet engines, it seems odd for Toyota not to press it's industry leading advantage in hybrids. There are arguments over cost (higher), supply (still somewhat limited) and regulation (BEVs are still effectively mandated.) But economies of scale, a new battery plant in North Carolina and shifting policy in DC could make for an easier glidepath to going hybrid-only by 2025-ish. That's cold comfort to fans of V6 engines. But much like GM dropped passenger cars (bye Malibu) and Nissan is abandoning full-size pickups (sayonara Titan), each carmaker has to pursue its comparative strength. And hybrids are where it's at for Toyota. So does it make sense for Japan's biggest automaker to continue making gas-only vehicles? Read more here: https://lnkd.in/eRaq4rej #HybridOrBust #HybridNation #Hybrid #Toyota #BloombergHyperdive