Category: Automotive

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  • Mercedes-Benz EQS Cabin Revealed

    Mercedes-Benz EQS Cabin Revealed

    The EQS is the luxurious and avant-garde top-of-the-range model from Mercedes-EQ and while we’ve seen teasers from the company, we are looking forward to see what the car is actually like and come April 15, we’ll see the what it looks like. But the company has now revealed what the cabin of the EQS looks like and we have to say it looks something from outer space and the reason we say this is because of the MBUX Hyperscreen that is showcased in the car.

    Though optional, the entire instrument panel is one ultimate widescreen. This determines the aesthetics of the entire cockpit and interior. The real glass appears to drape itself in three dimensions over the entire width of the vehicle like a wave – a unique feature in automotive construction to date.

    The high-resolution screens merge seemingly seamlessly under the shared glass cover. The graphic appearance of their MBUX content is tailored to each other. The MBUX Hyperscreen is integrated into the instrument panel in minimalist fashion. The MBUX Hyperscreen is surrounded only by a thin silver shadow frame, a vent band and a narrow leather frame, reminiscent of the lower volume body of classic instrument panels.

    The vent band spans across the entire width at the top and is very slim at the same time. These extreme proportions, together with the glass wave of the MBUX Hyperscreen, create the avant-garde architecture of the cockpit. For further details on the MBUX Hyperscreen, see separate chapters.

    The front section of the center console joins the instrument panel and stands freely in space. Flowing leather surfaces with intricate seam patterns create a lot of storage space in combination with a large cover made of real wood. The visual impression is both modern and luxurious.

    The base model without MBUX Hyperscreen has a slightly different center console. There is a soft armrest in the rear section. It is first visually interrupted before being transitioned into the floating central display.

    The design of the door panels borrows from the interior design of modern living spaces. Doors and their center panels emerge from behind the MBUX Hyperscreen to span the space. A surface-mounted modular body floats like a sideboard in front of the door panel. It accommodates all necessary door elements such as armrest, door module, pull handle, and map pocket. Circular ambient lighting completes this floating, avant-garde aesthetic in the dark.

    In combination with the AMG Line interior, the EQS is fitted with sports seats. They are characterized by a slim and monolithic shape. The seat surfaces are designed in such a way that they give the impression of draped-on leather blankets. The technical term is “layering”.

    Common features of the seats are the dynamic graphic patterns with highly elaborate, positioned perforations. Here, too, you will find the typical Mercedes-EQ combination of the highest standards in materials, ambiance and workmanship as well as state-of-the-art technology.

    Avant-garde, as well as traditional materials and colors, give the interior a special atmosphere. Eight coordinated color combinations in the interior emphasize the generous feeling of space. The EQS is immersed in a progressive and luxurious color world of warm and cool tones. Colors such as balao brown-neva grey and space grey-macchiato add the finishing touches to the soft and emotive design. The color rosé gold, derived and evolved from the electric coil, emphasizes the design of the vent band and is used as a contrasting color.

    The shape of both seats is outlined by illuminated piping. This creates a unique night-time ambiance. The innovative trim elements make a decisive contribution to the aesthetics in the EQS. Two examples: the anthracite 3D relief-look trim elements feature tiny metal pigments. The different lighting situations in the vehicle subtly change the appearance and create a subtle value appeal.

    Visually, all graphics are designed in a new color world of blue/orange throughout. The classic cockpit display of the two-round dials has been reinterpreted with a digital laser sword in a glass lens. All content relevant to driving can be accessed between the round dials.

    The “sporty” display from the S-Class has been converted into a three-dimensional performance bar and emotively and impressively conveys the respective driving status (Drive, Accelerate, Charge). The central object here is a “G-force puck”, which dynamically moves freely in space in line with the acceleration forces.

    The appearance of the screens can be individualized with three display styles (discreet, sporty, classic) and three modes (Navigation, Assistance, Service).

    In the EQS, the content of the displays is reduced as much as possible and coordinated with the colour change of the ambient lighting in seven screen color worlds. In “Assistance” mode, important events such as lane changes or target distance control as well as the infrastructure and detected other road users (cars, motorbikes, trucks) are displayed.

    Head-up displays are available in two sizes. They contribute to relaxed driving because the driver does not need to look away from the road. The large augmented head-up display is the highlight here, as it shows relevant information and actions three-dimensionally in the actual driving situation and environment.

  • Mercedes-Benz To Purchase Electricity From Renewable Energy Sources From 2022

    Mercedes-Benz To Purchase Electricity From Renewable Energy Sources From 2022

    Mercedes-Benz has entered into a green power supply contract with energy supplier Enovos and the Norwegian energy producer Statkraft. This means that from 2022 onwards, the company will purchase electricity in Germany which comes exclusively from renewable sources. A green power supply contract ensures the purchase of electricity from renewable energy sources at all times.

    The CO2-free electricity from solar, wind and hydro sources is generated in various power plants, most of which are located in Germany. These include a part of a solar park with the size of 60 football pitches near Ingolstadt and 24 wind farms with a total of more than 200 wind turbines. The electricity generated from this is roughly equivalent to the amount consumed by 65,000 households annually. The intelligent mix is supplemented by electricity from flexible hydropower plants.

    Generation of green electricity is synchronized to follow patterns of consumption so that a supply from the grid with green electricity can be guaranteed on a quarter hourly basis. In many previous green power contracts, feed-in to the grid takes place purely on an annual balance basis. In 2018, Mercedes-Benz was the first major industrial customer in Germany to secure the long-term continued operation of six wind farms in northern Germany after the end of the EEG subsidy through a similar concept. The first Mercedes-Benz locations are already being supplied with this CO2-free electricity.

    In Germany, green electricity procurement is ensured not only for the passenger car production plants but for all Daimler locations. This also includes the German van, truck and bus plants as well as the central and administrative units – more than 100 locations in total. The company is thus making a significant contribution to the expansion of renewable energy in Germany and to the energy transition.

    With Ambition 2039, Mercedes-Benz is pursuing the goal of a fully connected and CO2 neutral vehicle fleet in 2039 – eleven years earlier than required by EU legislation. The company envisages that more than 50 percent of its passenger car unit sales will be accounted for by plug-in hybrids or all-electric vehicles by 2030.

  • Harley-Davidson Pan America Production Begins

    Harley-Davidson Pan America Production Begins

    The Harley-Davidson Pan America has started rolling off the production line from Harley’s York, Pennsylvania Vehicle Operations Plant. And it’s soon to make its way not just across the Atlantic to Europe, but to India and the rest of Asia as well. Back in the US, the action around the Pan America is heating up. A new video released by Harley-Davidson shows the first few bikes rolling off the assembly line at the Pennsylvania plant. So, it may be sooner than the end of the year when we do get to see the Pan America in India, with Harley-Davidson restructuring its India business model with the collaboration with Hero MotoCorp.

    The H-D Pan America is powered by a 1,252 cc Revolution Max V-Twin which is first of its kind from the company. The engine is liquid-cooled and it makes 150 bhp at 9,000 rpm along with 127 Nm of peak torque at 6,750 rpm. The engine is paired to a 6-speed gearbox. Harley claims that the Pan America 1250 has a fuel efficiency of 48 miles per gallon or 20.4 kmpl. The Pan America will be available in two variants, Standard and Special. The Pan America 1250 Special gets semi-active suspension along with vehicle load control, tyre pressure monitoring system, standard centre stand, adjustable rear brake pedal, Aluminium skid-plate, heated hand grips, steering damper, adaptive ride height and tubeless spoked wheels. The colour options are different on both motorcycle variants as well.

    The most significant change on the Pan America Special though is the introduction of Adaptive Ride Height (ARH), which Harley-Davidson says is a first for any motorcycle. The system works by lowering the motorcycle when it comes to a stop. So, when the bike is being ridden, the seat height is normal 890 mm height, with unladen ground clearance of 175 mm. But the Adaptive Ride Height system will lower the seat height to 855 mm when the bike comes to a halt. And the ARH can also be optimised by settings through which the rider to suit his own needs.

    We expect the Harley-Davidson Pan America to be launched in India sometime in the second half of 2021. By our estimates, expect the standard model to be priced at around ₹ 20 lakh (Ex-showroom), while the Special variant will likely be priced upwards of ₹ 22 lakh (Ex-showroom).

  • Rapido, Zypp Electric Join Hands For Electric Bike Taxi Service

    Rapido, Zypp Electric Join Hands For Electric Bike Taxi Service

    Indian bike taxi platform Rapido, has joined hands with Zypp Electric to provide electric bike taxi service to its customers. Called Rapido EV, the new electric bike taxi is intended to reduce carbon footprint and encourage customers to use environment-friendly two-wheelers. More than 100 riders and electric two-wheelers will be onboarded on to the Rapido platform from Zypp as part of Rapido’s captain fleet. The service will be a pilot run for three months starting from March 2021 and will be tested for its demand and veracity in the Delhi-NCR area. Rapido is looking to on-board more such EV partners to further expand this business model across its Tier I market in the country, according to a press statement from the company.

    Announcing the launch of Rapido EV, Aravind Sanka, Co-Founder, Rapido, said, “While India is the largest two-wheeler market, only 1% of it is electric. With the launch of Rapido EV rides, we want to give a unique experience to our users along with contributing positively to the environment and reduce our carbon footprint. The recent World Air Quality report by Swiss technology company IQAir ranked Delhi as the world’s most polluted capital among 106 countries and we hope that this move helps contribute to the betterment of the air quality in the city.”

    On the partnership with Rapido, Akash Gupta, Co-Founder, Zypp Electric, said, “We at Zypp are becoming the de-facto EV layer when it comes to goods and people movement. The partnership with Rapido is part of highly focused EV utilization project where we wish to ensure that every segment is able to switch to EVs comfortably. With our robust battery-swapping network which will be tested with bike taxi services with Rapido, we’re here to bolster the EV proposition together with this partnership and would love to scale this nationally making people get pollution-free taxi rides too.”

    Rapido EV Rides will be available under the Ride section on the app and will be priced at the Rapido Ride rate with a minimal convenience fee. Customers have to download the app, log in to their account and book a Rapido Ride, through their iOS/Android phones. Rapido is a bike taxi service spread across all of India from Tier I to Tier III cities. The app allows customers to book bike taxis conveniently with very less wait time.

    Zypp Electric offers dedicated electric vehicles for delivery of essentials, goods, medicines and food packages. The company was started in 2017 to make last mile delivery carbon-free for local merchants to e-commerce giants. The company currently has more than 1,000 Zypp pilots (delivery executives) using IoT enabled electric scotoers for delivery services.

  • Skoda To Invest 2.5 Billion Euros Over Next 5 Years On Future Technologies And EVs

    Skoda To Invest 2.5 Billion Euros Over Next 5 Years On Future Technologies And EVs

    Czech carmaker Skoda Auto, part of the Volkswagen Group, said on Wednesday it would invest around 2.5 billion euros over the next five years on future technologies, with more than half going to electric vehicle investment. The Czech Republic’s largest exporter is hoping for a rebound in 2021 from a global car sales drop but faces uncertainty over the coronavirus pandemic and a semiconductor shortage rattling the industry.

    “This year is likely to be another big challenge,” finance director Klaus-Dieter Schuermann said. “We expect Skoda Auto’s group performance to improve, with sales revenue significantly above the level of last year.”

    Skoda reported on Wednesday a 54.5% drop in 2020 operating to 756 million euros ($894 million). Sales revenue dropped 13.8% to 17.1 billion euros.

    Global deliveries remained above 1 million cars for a seventh straight year despite a 19% drop after production outages at the outset of the pandemic and a fall in China, its biggest single market.

    Chief Executive Thomas Shaefer said the car company was managing the semiconductor shortage “but it will follow us for a while” and the impact was not visible yet.

    Skoda’s core market in Europe would be electric in the future, Shaefer said, although it was still not time to completely switch away from traditional models, which include the launch last year of a new generation of its flagship Octavia model. It has also started production of the all-electric Enyaq iV model.

    Skoda plans investments of 1.4 billion euros into electromobility development as part of its five-year investment plan. Investments will also go into digitalization activities and plant modernization.

  • Royal Enfield Joins Hands With Knox

    Royal Enfield Joins Hands With Knox

    Royal Enfield has joined hands with Knox, experts and innovators of protective apparel and body armour to co-create a range of high-protection riding gear. As part of the collaboration, the two brands have also introduced CE certified external knee guards called Conqueror. The latest launch of riding gear is part of Royal Enfield’s long term collaboration, with the vision of providing high-quality riding gear and accessories. The range offers versatile and accessible riding gear that meets global safety norms that can be used for multiple riding needs and in varied conditions.

    Commenting on the collaboration with Knox, Puneet Sood, Head – Apparel Business at Royal Enfield said, “At Royal Enfield, ensuring a ‘safe’ and a ‘pure riding experience’ for our riders is at the centre of our product strategy. With this partnership, we aim to foster our commitment to provide our customers with products that meet global safety norms. The intent is to offer relevant and accessible products for riders and motorcycling enthusiasts. The partnership started with using Knox armours for our new range of riding gear including jackets, gloves and riding trousers. The co-created knee-guard is a byproduct of years of our motorcycling experience, our understanding of a rider’s needs, different riding conditions, terrains etc. and Knox’s technical expertise and experience in designing and manufacturing innovative body armours and apparel for motorcycling.

    “Our motorcycles are used for both leisure riding as well as a means of not only commute. Rider safety is equally important in both cases. We understood that the acceptance of a riding trouser is low in India and there was a need for a product that provides protection and can be worn over regular denims or trousers be it for a commute to office, a weekend ride or a trip to the Himalayas. In line with our vision to increase awareness around road safety and safe riding practices, we will continue to offer versatile consumer centric products. Our alliance with Knox is a testimony of our dedication to provide a ‘pure motorcycling’ experience to everyone in love with the motorcycling way of life.”

    Speaking about the collaboration Margaret Travell, the Commercial Director at Knox said, “We are committed to the design of high performance body armour systems that really work for riders. We began this association 2 years ago by equipping Royal Enfield apparel with Knox armour and gloves with Micro-lock armour with the famous Scaphoid Protection System. One year later, we began the next development – to build a standalone Knee guard, tough enough to tackle some of the toughest environments on Earth. It had to be relevant to Royal Enfield riders in India and beyond, so needed to be easy to put on and remove and also capable of being worn on its own for those who prefer not to wear armoured trousers. The knee guard is not only tough and durable enough to be CE approved to the highest Level 2 standard, it is also supremely flexible and comfortable enough to wear all day long in any environment you ride in. We’re excited to see people using them on their own riding adventures.”

    Extending this partnership further, the two brands have now co-created CE certified level 2 external knee guards built with Knox’s microlock protection. Royal Enfield’s new riding jacket line-up that was introduced last year includes select styles that come equipped with Knox’s CE Level 1 Flexiform and CE Level 2 MICRO-LOCK armours for shoulder and elbow.

    Along with the knee guard, Royal Enfield has also introduced a range of new riding gloves for varied riding needs. The range has 14 gloves of which 9 are CE certified. The range has been developed with best-in-class features such as knuckle protection, palm protection, padding, cuff adjusters, screen friendly finger tips, accordion stretch panels, and constructed with high quality abrasion resistance leather, Polyester Air mesh and waterproof membrane among others. The new range of gloves will suit the varied needs of the riders, from riding in the city to extreme weather conditions. Further, selective gloves also come with Knox knuckle protectors and Knox scaphoid protection system.

    The Conqueror CE Level 2 certified knee guards are priced at ₹ 3,950, while prices for the range of CE certified gloves begin at ₹ 2,250, going up to ₹ 4,500. The riding jacket range with Knox armours range from the Streetwind V2, priced at ₹ 4,950, the Windfarer, priced at ₹ 6,950, and the CE Certified Explorer V3, priced at ₹ 8,950.

  • Hyundai And Shell Expand Collaborations On Clean Energy Solutions

    Hyundai And Shell Expand Collaborations On Clean Energy Solutions

    Hyundai Motor Company has signed a new five-year Global Business Cooperation Agreement with Shell. The signing ceremony was held online at Hyundai Motorstudio Goyang, Korea. The agreement, which runs through 2026, marks the fourth extension of the partnership, but this time with a new focus on clean energy and carbon reduction in proactive response to market changes.

    The partnership will undertake cooperative projects that reflect this new direction, including a plan to establish new type of service channels specialized for mobility service providers, primarily in Asia. Both companies will also discuss cooperation schemes for energy supply business, such as EV and FCEV charging services.

    Un Soo Kim, Senior Vice President and Head of Global Operations Division of Hyundai Motor Company, said, “With Shell, we will be securing our competitiveness within the automotive industry, continuing our transition as a smart mobility solution provider.”

    The global cooperation agreement also maintains Hyundai’s recommendation for Shell lubricants across its global aftermarket network. The two companies run joint R&D programs including for the first-fill lubricants to meet Hyundai’s specific engine requirements, which could extend for collaboration on e-Fluids development for EVs.

  • Lamborghini Urus Sets High-Speed Record On Ice

    Lamborghini Urus Sets High-Speed Record On Ice

    Automobili Lamborghini took part for the first time in the Days of Speed on the ice of Lake Baikal, with the Lamborghini Urus and it set the 1,000-meter record, averaging a top speed of 114 kmph from a standing start. Piloted by the 18-time Days of Speed Russian record-holder Andrey Leontyev, the maximum recorded speed of the Urus during the record-breaking sprint was an impressive 298 kmph, despite significant warming of the ice on the world’s deepest lake. During the practice runs, the Urus even managed to reach a maximum speed of 302 kmph. Official data registered by the FIA and the RAF (Russian Automobile Federation) will be published in April.

    The annual Days of Speed festival was held between 10 and 13 March. Organised by LAV-racing company, this official sports event is dedicated to setting record speeds on ice. The event strictly adheres to all regulations of the FIA (Federation Internationale de l’Automobile) and RAF (Russian Automobile Federation).

    The Lamborghini Urus features a 4.0-litre V8 twin-turbo engine delivering 650 horses, producing maximum torque of 850 Nm at 2,250 rpm. The Urus accelerates from 0-100 kmph in 3.6 seconds, 0-200 kmph in 12.8 seconds and with a top speed of 305 kmph making it the fastest SUV in the world.

  • Maruti Suzuki To Increase Car Prices From April

    Maruti Suzuki To Increase Car Prices From April

    Maruti Suzuki has announced that it will be increasing car prices across its model line-up from April 2021. In a regulatory filing, the country’s largest car manufacture said “Over the past year the cost of company’s vehicles has been impacted adversely due to increase in various input costs. Hence, it has become imperative for the company to pass on some impact of the above additional cost to customers through a price increase in April 2021.” Maruti Suzuki India has not announced the quantum or percentage of the price hike, but it has said that the price hike will vary for different models.

    It is quite common for Original Equipment Manufacturer or OEMs to increase vehicle prices in India at the start of the new financial year. In fact, Maruti Suzuki India had also increased its prices in January 2021, making this the second price revision in just three months. Among other OEMs, Isuzu Motor India has also announced its plan to the prices of its D-Max Regular Cab and the D-Max S-Cab in India, by ₹ 1 lakh, from April 1, 2021. And we expect a few other manufacturers to join the bandwagon soon.

    Currently, Maruti Suzuki India has 15 models in its combined line-up from Arena and Nexa brands. While its most affordable model, the Alto its priced between ₹ 3 lakh to ₹ 4.48 lakh, its flagship model, the S-Cross is priced from ₹ 8.39 lakh, going up to ₹ 12.39 lakh.

  • Honda Africa Twin To Get Radar System

    Honda Africa Twin To Get Radar System

    The Honda Africa Twin is likely to get radar-assisted cruise control, after Ducati, BMW and KTM already introduced similar systems on their range-topping adventure bikes. The radar-powered adaptive cruise control system, made by Bosch, has already made its debut in production models of the KTM 1290 Super Adventure S, the Ducati Multistrada V4 S and the BMW R 1250 RT. And now, patents filed recently by Honda show that its flagship adventure tourer, the Honda Africa Twin, will be getting a radar-assisted adaptive cruise control system as well. The difference is that, perhaps Honda’s system will be indigenously developed, rather than just a plug and play device sourced from Bosch.

    Honda’s patents suggest the use of cameras alongside the radar sensors, so the system will use another layer of monitoring tech, and allow the on-board computer to make a better-informed judgement of what’s happening in its surroundings. The advantage of using cameras is that, while the radar system can sense approaching vehicles, or other vehicles in close proximity, accurately measuring distances, cameras can be used to pick up additional information, like brake lights, road signs and traffic lights.

    The front radar on the Africa Twin patent filings seem to be similar to the systems used by BMW, Ducati and KTM. And the new Africa Twin already seems to have a spot under the headlights, probably designed keeping in mind the positioning of a radar sensor. But it’s the rear section which has a different design. Honda’s Africa Twin design patents show not one, but two rear radars, mounted on the number plate hanger, and these sensors are fitted at an angle to offer a wide detection zone. So, with the dual radars, the area covered will not just be the area behind the bike, but also on each side as well.

    Honda’s system also mentions the use of transponders to broadcast information from the sensors to other vehicles, or to roadside receivers. So, these should add one more dimension to the warning system, that of vehicle-to-vehicle communication, or vehicle-to-infrastructure system, allowing safety systems like radars or cameras on one car or motorcycle to pass on to other similarly-equipped vehicles. With the rapid induction of such technology, Honda is likely to introduce the latest tech within the next couple of years, both on the next-generation Africa Twin, as well as on the Honda Gold Wing.

  • Tesla’s In-Car Cameras Raise Privacy Concerns: Report

    Tesla’s In-Car Cameras Raise Privacy Concerns: Report

    Tesla’s use of in-car cameras to record and transmit video footage of passengers to develop self-driving technology raises privacy concerns, influential U.S. magazine Consumer Reports said on Tuesday.

    Consumer Reports said the usage potentially undermines the safety benefits of driver monitoring, which is to alert drivers when they are not paying attention to the road.

    “If Tesla has the ability to determine if the driver isn’t paying attention, it needs to warn the driver in the moment, like other automakers already do,” said Jake Fisher, senior director of Consumer Reports’ auto test center.

    Tesla Inc’s use of in-car cameras to record and transmit video footage of passengers to develop self-driving technology raises privacy concerns

    Automakers such as Ford Motor and General Motors, whose monitoring systems do not record or transmit data or video, use infrared technology to identify drivers’ eye movements or head position to warn them if they are exhibiting signs of impairment or distraction, the magazine said.

    Tesla did not immediately respond to a Reuters request for comment.

    The Palo Alto, California-based carmaker’s internal cameras are also a point of contention in China, where the military banned Tesla cars from entering its complexes, citing security concerns.

    Tesla Chief Executive Officer Elon Musk said last week his company would be shut down if its cars were used to spy.

  • Japan Car Makers Scramble To Assess Impact Of Renesas Auto Chip-Plant Fire

    Japan Car Makers Scramble To Assess Impact Of Renesas Auto Chip-Plant Fire

    Toyota, Nissan, Honda and other Japanese automakers scrambled on Monday to assess the production impact of a fire at a Renesas Electronics automotive chip plant that could aggravate a global semiconductor shortage. “We are gathering information and trying to see if this will affect us or not,” a Honda spokesman said. Other car makers including Toyota and Nissan said they too were assessing the situation. The effect on car makers could spread beyond Japan to other auto companies in Europe and the United States because Renesas has around a 30% global share of micro control unit chips used in cars.

    Renesas said it will take at least a month to restart production on a 300mm wafer line at its Naka plant in northeast Japan after an electrical fault caused machinery to catch fire on Friday and poured smoke into the sensitive clean room.

    Two-thirds of production at the affected line is automotive chips. The company also has a 200mm wafer line at the Naka plant, which has not been affected. Concerns on the impact of the fire on production sent auto shares sliding in Tokyo on Monday, with the big three, Toyota, Honda and Nissan, down more than 2% by the midday break. Renesas shares tumbled as much as 5.5% and were down 3.9% midday. The benchmark Topix index shed 1.1%.

    “It will probably take more than a month to return to normal supply. Given that, even Toyota will face very unstable production in April and May,” said Seiji Sugiura, senior analyst at Tokai Tokyo Research Institute. “I think Honda, Nissan and other makers will also be facing a difficult situation.”

    Semiconductors such as those made by Renesas are used extensively in cars, including to monitor engine performance, manage steering or automatic windows, and in sensors used in parking and entertainment systems.

    Nissan and Honda had already been forced to scale back production plans because of the chip shortage resulting from burgeoning demand from consumer electronic makers and an unexpected rebound in car sales from a slump during the early months of the coronavirus pandemic. Toyota, which ensured parts suppliers had enough stocks of chips, has fared better so far.

    “It could take three months or even half a year for a full recovery,” said Akira Minamikawa, analyst at technology research company Omdia. “This has happened when chip stockpiles are low, so the impact is going to be significant,” he added.

    Renesas said it customers, which are mostly automotive parts makers rather than the car companies, will begin to see chip shipments fall in around a month. The company declined to say which machine caught fire because of the electrical fault or which company made it. The Japanese government promised help for the auto industry.

    “We will firmly try to help the Naka factory achieve swift restoration by helping it quickly acquire alternative manufacturing equipment,” Chief Cabinet Secretary Katsunobu Kato told a regular news conference on Monday.

    The latest incident at the Naka facility comes after an earthquake last month shut down production for three days and forced Renesas to further deplete chip stocks to keep up with orders. The plant was closed for three months in 2011 following the deadly earthquake that devastated Japan’s northeast coast.

  • Targeting Tesla, China’s Geely To Launch New Premium EV Brand

    Targeting Tesla, China’s Geely To Launch New Premium EV Brand

    China’s Geely plans to roll out electric vehicles under a new marque with different branding and sales strategies, people familiar with the matter said, as the Volvo owner looks to take on its main EV rival Tesla with higher-end vehicles. The brand, positioned in the premium segment and named “Zeekr”, will be housed under Geely’s to-be-launched EV entity Lingling Technologies, according to three people, who declined to be named as the plan is not yet public. Reuters reported the plans for Lingling last month.

    Geely, the owner of Volvo Cars and 9.7% of Daimler AG, will roll out models under the new marque based on its open-source EV chassis, announced in September and called Sustainable Experience Architecture (SEA), the sources said.

    It will be a new attempt to go up-market by Geely, and backs founder and Chairman Li Shufu’s long-held ambition to make premium cars “like Mercedes-Benz” in a bid to take on EV leader Tesla Inc.

    Geely will open showrooms, or “hubs”, in city centres to sell cars at a fixed price, departing from traditions to sell cars through dealerships – marketing tactics pioneered by Tesla, which last year saw sales expand quickly in China, the world’s biggest car market.

    The plan follows a flurry of tie-ups by Geely earlier this year as the automaker pursues its goal of becoming a leading EV contract manufacturer and engineering service provider.

    “Traditional gasoline cars and electric vehicles are two race tracks of business. Geely does not have a clear advantage in electric vehicles at the moment so it appears that it wants to complete its own innovation by creating a new brand,” said Alan Kang, analyst at auto consultancy LMC Automotive.

    China’s automakers largely compete with entry-level and mass-market manufacturers including Volkswagen and Toyota, but EV maker Nio Inc sells cars with higher prices and counts BMW as a rival.

    Hangzhou-based Geely also plans a broad array of sales and marketing strategies to seek deeper relationships with the EV buyers. It will open lifestyle lines for clothing and accessories and launch a car owner’s club, tactics used by Nio, sources said.

    Zeekr is also considering rolling out a share ownership plan that allows customers to become shareholders of Lingling, which management hopes will boost sales and the relationship between brand and customers.

    Geely declined to comment. Shares of its Hong Kong-listed company Geely Automobile fell 3% on Friday as Chinese equities dropped after a rise in global bond yields prompted selling in high-priced consumer and material stocks.

    Many conventional automakers have used a new brand to launch their EV units. Geely’s rivals including Great Wall, and SAIC Motor have rolled out their respective new standalone EV brands.

    China’s government has heavily promoted new energy vehicles (NEVs) – such as battery-powered, plug-in petrol-electric hybrid and hydrogen fuel cell cars – in response to chronic air pollution and a warming climate, spurring interest from technology companies and investors alike. China forecasts NEVs will make up 20% of its annual auto sales by 2025 from around 5% in 2020.

  • Honda Temporarily Cutting Production At All U.S., Canada Plants

    Honda Temporarily Cutting Production At All U.S., Canada Plants

    Honda Motor Co said late Tuesday supply chain issues will force a halt to production at a majority of U.S. and Canadian auto plants for a week. The Japanese automaker added the issue will result in some production cuts next week at all U.S. and Canadian plants, citing “the impact from COVID-19, congestion at various ports, the microchip shortage and severe winter weather over the past several weeks.”

    “In some way, all of our auto plants in the U.S. and Canada will be impacted,” Honda said.

    Some U.S. and Canadian plants are expected to have smaller production cuts next week, but a spokesman for Honda added “the timing and length of production adjustments could change.”

    The company declined to specify the volume of vehicles impacted but said “purchasing and production teams are working to limit the impact of this situation.”

    The company added when production is suspended Honda workers “will continue to have the opportunity to work at the impacted plants.” Honda workers were notified of the production cuts Monday.

    Sam Fiorani, vice president of global vehicle forecasting at AutoForecast Solutions, said Honda typically produces about 30,000 vehicles a week in the United States and Canada.

    The production issues are hitting Honda plants in Ontario, Ohio, Alabama, and Indiana. Honda said its Mexico operations have not announced any production cuts.

    The chip shortage, which has hit most of the global automakers, stems from a confluence of factors as carmakers, which shut plants for two months during the COVID-19 pandemic last year, compete with the sprawling consumer electronics industry for chip supplies.

    General Motors Co has cut production at many plants and warned it could shave up to $2 billion from this year’s earnings.

    GM’s U.S. rival Ford Motor Co previously said the shortage could hurt 2021 profit by up to $2.5 billion and said it had curtailed production of its flagship F-150 pickup.

  • BMW Expects At Least Half Of Sales To Be Electric Cars By 2030

    BMW Expects At Least Half Of Sales To Be Electric Cars By 2030

    BMW expects at least half of its sales to be zero-emission vehicles by 2030, setting a more conservative target than some rivals in the race to embrace cleaner driving. In the short term, the German carmaker forecast on Wednesday a big rise in pretax profit for this year, with a strong performance in all areas – from MINIS through its upmarket BMW brand to top-of-the-range Rolls-Royces. Its shares rose as much as 4.9% to a 2-1/2 year high of 84.42 euros, buoyed by its forecast for a strong recovery from a pandemic-hit 2020.

    BMW said around 90% of its market categories would have fully-electric models available by 2023 and the electric BMW i4 would be launched three months ahead of schedule this year.

    Bernstein analyst Arndt Ellinghorst said BMW had entered 2021 “very confidently.” “In terms of electromobility, BMW is making good progress and is taking significantly fewer risks than VW,” he said.

    Volkswagen has said it expects 70% of European sales at its core VW brand to be electric by 2030 and this week unveiled ambitious plans to expand in electric driving – including building half a dozen battery cell plants in Europe – sending its shares sharply higher.

    BMW said around 90% of its market categories would have fully-electric models available by 2023 and the electric BMW i4 would be launched three months ahead of schedule this year. The carmaker said its MINI brand would be fully electric “by the early 2030s” and electric models would account for at least 50% of group deliveries by 2030.

    When asked if BMW could set a date for ending sales of internal combustion engines, as some rivals have, Chief Technology Officer Frank Weber said: “it’s not us who decides on the end of the internal combustion engine, but it’s the markets.”

    In an industry chasing electric carmaker Tesla and facing tightening CO2 emissions standards in Europe and China, some automakers have promised a faster shift in technology, despite the huge costs and manufacturing changes involved.

    Sweden’s Volvo said this month its lineup would be fully electric by 2030, and Ford said in February its lineup in Europe would be too. Sales of electric and plug-in hybrid cars in the European Union almost trebled to over 1 million vehicles in 2020 and accounted for more than 10% of overall sales, taking zero-emission models from niche products into the mainstream.

    Chief Executive Oliver Zipse told a news conference that BMW could accelerate its plans if consumers embraced electric models more quickly than expected.

    “Should demand in certain markets shift completely to fully electric vehicles in the coming years – we can deliver,” he said.

    Last week, BMW said 2021 had started well after its profit recovered in the second half of 2020 from pandemic shutdowns, thanks largely to strong sales in China.