Global Scans · Automotive · Weekly Summary

WHAT'S NEXT?: Automated vehicles could lead to a significant increase in vehicle-sharing and a significant reduction in the size of the global vehicle fleet, emissions, travel time, associated infrastructure and costs. By 2030, electric vehicles could represent about 30 percent of all new cars sold globally. Future connected car applications will drive a 150% increase in demand for contextual information between now and 2020.

• [New] Zero-emission vehicles (ZEV) have the potential to significantly reduce Canada's greenhouse emissions and support Canada's transition to a low-carbon transportation system. Transport Canada
• [New] NHTSA will monitor the deployment of hydrogen vehicles and how consumers are replacing parts of the fuel system. Justia Regulation Tracker
• [New] Fleets switching to EVs could reduce 2.2 billion gallons of fuel from conventional vehicles while avoiding approximately 19 million metric tons of CO2 emissions over the next seven years. Fleet World
• [New] In 2021, the Biden Administration and American automakers set an ambitious goal for electric vehicles (EVs): to make up 50% of new vehicle sales by 2030. GearIT
• [New] Budget 2024 added a sixth new one - an EV Supply Chain Investment Tax Credit that will apply to vehicle assembly, battery production and cathode active material production. Public Policy Forum
• [New] At Auto Guangzhou 2023 last November, GAC Group unveiled its intention to integrate all-solid-state batteries into vehicles by 2026. wapcar.my
• [New] Chinese electric vehicles are an existential threat to the American auto industry. Auto Connected Car News
• [New] Carmakers across the world fret that imports of cheap Chinese electric vehicles (EVs) will cripple their businesses. Council on Foreign Relations
• [New] Fewer than 30% of Europeans say they plan to buy an electric vehicle (EV), according to the ACEA, and more than half refuse to pay more than 35,000 euros for a car, a price level offering few EVs. Tech Xplore
• [New] The European Parliament voted in favour of a draft law that will reduce average carbon emissions of new heavy-duty vehicles by 45% as of 2030, 65% as of 2035 and 90% as of 2040. www.euractiv.com
• [New] Toyota has announced an additional investment of $8 billion that it expects will add an estimated 3,000 more jobs to increase capacity to support battery electric vehicles and plug-in hybrid vehicles battery production in Greensboro, North Carolina. The White House
• [New] The US state of Maryland will require utilities to allow electric vehicles (EVs) with bidirectional chargers to connect to the distribution grid after new legislation was passed last week. Energy-Storage.News
• [New] ExxonMobil announced plans to begin producing lithium, the key component for electric vehicle (EV) batteries, by 2027. Oil & Gas Journal
• [New] U.S. electric demand is projected to increase considerably in coming years, with a resurgence in U.S. manufacturing alongside demand from new data centers, electric vehicles, and building electrification. Solar Power World
• [New] The US Army is exploring the potential of hybrid vehicles for military use, as they may be a more practical option than fully electric vehicles in certain scenarios. Share Talk
• [New] Ontario's automotive plan includes maintaining and growing Ontario's auto sector by building at least 400,000 electric vehicles and hybrids by 2030. Ontario.ca
• [New] In Japan last month, Nissan and Honda, facing the looming threat of Chinese EV giants, announced a once unthinkable partnership to develop electric vehicles together. Fortune
• [New] Stellantis hopes that 100% of its sales in Europe will be electric vehicles by the end of the decade.
• [New] Kia will further solidify its 2030 strategy announced last year with four goals: global sales of 4.3 million units, sales of 1.6 million electric vehicles, pioneering PBV development, and responsible ESG management. Automotive World
• [New] The expected growth in the use of technologies such as heat pumps and electric vehicles in buildings will be crucial to deliver on global and national strategies to limit carbon emissions and their impact on temperature change. Refrigeration and Air Conditioning
• [New] The new missile, referred to as the Hwasongpo-16na or Hwasong-16B, is equipped with a newly developed hypersonic glide vehicle (HGV), which could improve the survivability of North Korea's nuclear missile arsenal. Army Recognition
• [New] Most light-medium vehicles achieve total cost of driving parity by 2026, which could result in an additional 700,000 light-medium vehicles sold, 48 billion vehicle miles traveled by ZEVs, and carbon dioxide tailpipe emissions savings of 33 million metric tons between 2023 and 2032. Tech Xplore

Last updated: 20 April 2024