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Electrification

All articles tagged with #electrification

Stellantis retreats from EV hype with a $26B write-down and strategic pivot
business19 days ago

Stellantis retreats from EV hype with a $26B write-down and strategic pivot

Stellantis posts a $26.2 billion write-down as it resets its electrification plan after overestimating the pace of the energy transition, joining Ford and GM in trimming EV bets. Charges cover canceled Jeep EVs, non-amortized platform costs, cash obligations, supply-chain cuts, and European job impacts. The company will accelerate US investments ($13B) to add 5,000 jobs and expand trucks/SUVs, including a Ram 1500 V8 and a gas Dodge Charger, reflecting a shift toward realism about demand and execution.

via Ars Technica|
#auto-industry#business#electrification
Eaton to Spin Off Mobility Arm, Bets on Electrification and AI Growth
business1 month ago

Eaton to Spin Off Mobility Arm, Bets on Electrification and AI Growth

Eaton (ETN) will spin off its Mobility group into a new publicly traded company by about Q1 2027 to focus on higher-growth electricity and aerospace businesses. The standalone Mobility unit will operate as an engineered solutions partner for commercial vehicles, automotive, and off-highway markets, where it already leads North America in transmissions and clutches. Eaton’s 2030 growth plan emphasizes electrification, digitalization, and AI, with rising demand from data-center deployments and aerospace/defense. Analysts rate ETN as a Strong Buy with upside potential, reflecting confidence in the combined strategy and the new mobility spin-off.

via TipRanks|
#ai#business#eaton
Acura’s Fourth-Gen RDX to Feature Dual-Motor Hybrid
business1 month ago

Acura’s Fourth-Gen RDX to Feature Dual-Motor Hybrid

Acura unveiled the all-new fourth-generation RDX, which will use a two-motor hybrid-electric powertrain—the brand’s first hybrid RDX—and plans to introduce it at dealers within the next couple of years, with production of the current 2026 model suspended this year to focus on the hybrid project; the RDX has been a mainstay with roughly 850,000 North American sales, and Acura is pursuing a mix of gas, hybrid and EV models, including the all-electric RSX due in 2026.

via Acura Newsroom|
#acura#automotive-industry#business
Honda Reveals Advanced Hybrid Technologies for Future Models
technology3 months ago

Honda Reveals Advanced Hybrid Technologies for Future Models

Honda revealed its upcoming next-generation hybrid and electric vehicle technologies at the 2025 Honda Automotive Technology Workshop, including new platforms for hybrid and EV models, advanced hybrid systems for large-size vehicles, and a compact EV based on the Super-ONE Prototype, all aimed at enhancing driving joy, safety, and environmental sustainability by the late 2020s.

via Honda Global|
#electrification#ev-technology#honda
Stellantis Leadership Shake-Up: Tavares' Decisions Under Fire
business1 year ago

Stellantis Leadership Shake-Up: Tavares' Decisions Under Fire

Stellantis insiders claim former CEO Carlos Tavares was instrumental in discontinuing the Hemi V-8 engine in passenger cars, prioritizing emissions reduction and electrification. This decision highlighted management tensions over Stellantis' identity as a European or American company. With Tavares' departure, the company is reconsidering its North American strategy, including rehiring Tim Kuniskis, a known advocate for the Hemi V-8, suggesting potential cultural shifts and a possible return of the V-8 in future models.

via Motor1 |
#automotive-industry#business#carlos-tavares
Lamborghini's Unique Revuelto Opera Unica Debuts in China
automotive1 year ago

Lamborghini's Unique Revuelto Opera Unica Debuts in China

Lamborghini has introduced the one-of-a-kind Revuelto "Opera Unica" at the Esperienza Arte in Shanghai, highlighting the brand's Ad Personam customization program. Designed for the Chinese market, this model features a cosmic-inspired exterior with a hand-painted livery and intricate fading effects, reflecting Lamborghini's commitment to electrification and meticulous craftsmanship. The interior boasts a refined Nero Ade cabin with Rosso Efesto highlights, showcasing the brand's dedication to detail and artistry.

via HYPEBEAST|
#automotive#customization#electrification
Porsche Unveils First-Ever 911 Hybrid Starting at $164,900
automotive1 year ago

Porsche Unveils First-Ever 911 Hybrid Starting at $164,900

Porsche has unveiled its first hybrid 911 GTS model line, including the Carrera GTS, Carrera GTS Cabriolet, and Targa 4 GTS. The new hybrid pairs a 3.6-liter flat-six engine with an electric motor, producing a combined 532 hp and 449 ft lbs of torque. Despite adding 103 pounds, the hybrid 911 achieves a Nürburgring lap time of 7:16.934, 8.7 seconds faster than its predecessor. The model features a digital dashboard and is only available with an eight-speed PDK automatic transmission, sparking debate among purists. Starting at $164,900, it marks a significant step towards Porsche's electrification goals.

via Robb Report|
#911-gts#automotive#electrification
"America's Power Grid Crisis: The Urgent Need for Sustainable Solutions"
energy-policy1 year ago

"America's Power Grid Crisis: The Urgent Need for Sustainable Solutions"

The recent storm in Houston highlights the vulnerabilities of forced electrification, as residents with electric stoves, water heaters, and vehicles faced significant challenges without power. The Biden administration's push for increased use of electric appliances and renewable energy sources like wind and solar may lead to higher energy prices and reduced economic resilience, especially during major storms. The article argues for a more resilient energy policy that includes natural gas and buried power lines to ensure reliable electricity during disruptions.

via Daily Signal|
#biden-administration#electrification#energy-policy
Copper Prices Predicted to Skyrocket Amid Green Demand Surge
financecommodities1 year ago

Copper Prices Predicted to Skyrocket Amid Green Demand Surge

Hedge fund manager Pierre Andurand predicts copper prices could surge to $40,000 per tonne within the next few years due to increased demand from electrification, including electric vehicles and renewable energy projects. Current prices have already reached a record $11,000 per tonne. Jeff Currie of Carlyle also supports a bullish outlook, forecasting prices to hit $15,000 per tonne. The demand for copper is expected to rise significantly, with a projected supply gap of 10 million tonnes by 2030.

via MINING.com|
#copper#demand#electrification
"Disneyland Electrifies Autopia: A Sustainable Tomorrowland Transformation"
entertainment1 year ago

"Disneyland Electrifies Autopia: A Sustainable Tomorrowland Transformation"

Disneyland's gas-powered Autopia attraction in Tomorrowland is set to be electrified in the next few years, as the park moves towards alternative fuel sources. The timeline and specific technology for the conversion have not been confirmed. This change marks the first time Disney has announced plans to move away from gas-powered vehicles for the classic attraction, which has been a popular feature since Disneyland's opening in 1955. The news comes amidst other renovations and upgrades at the theme park, including the development of Tiana’s Bayou Adventure and enhancements to the Haunted Mansion attraction.

via KTLA Los Angeles|
#attraction#autopia#disneyland
California Regulators Propose Flat Fee to Lower and Stabilize Electricity Bills
energy1 year ago

California Regulators Propose Flat Fee to Lower and Stabilize Electricity Bills

California regulators have proposed significant changes to electricity bills, aiming to reduce costs for lower-income residents and those in areas most affected by extreme heat. The proposal includes a fixed infrastructure cost and a lower usage rate, with the goal of incentivizing electrification of cars and home appliances. While bills for lower-income and electrification adopters would decrease, some non-lower-income customers and rooftop solar owners may see increases. Proponents argue that the changes will address inequities in cost distribution and encourage electrification to reduce fossil fuel emissions, but there is backlash from some lawmakers and concerns from the solar industry about potential energy conservation issues.

via KQED|
#california#electricity-bills#electrification
"Nissan's Ambitious Plan: 30 New Models and Lower EV Costs by 2027"
automotive1 year ago

"Nissan's Ambitious Plan: 30 New Models and Lower EV Costs by 2027"

Nissan plans to launch 30 new models by 2027, including 16 EVs, as part of its business plan "The Arc" aimed at increasing profitability through a product offensive, increased electrification, and strategic partnerships. The company aims to reduce the cost of its EVs to match internal combustion engine vehicles by 2030 and refresh 60% of its ICE models by 2026. Nissan also intends to leverage existing relationships with Renault and Mitsubishi while seeking new collaboration opportunities in Japan and the U.S. CEO Makoto Uchida expressed confidence in executing the plan, which aligns with the company's vision for carbon neutrality by 2030.

via Fox Business|
#automotive#business-plan#electrification