Lots of research and features for you this week, starting with our most recent Global Vehicle Market update. The global light vehicle (LV) sales rate increased for the fourth consecutive month to 94 million units/year in August 2022, the most productive feature of the year so far, according to research by the GlobalData unit. LMC Automotive. However, the effects of August show that the global auto market continues to show mixed functionality across the region and that there is high volatility around underlying market volumes. Despite getting better overall functionality in August, global YTD light vehicle sales were still 3. 8% below the same era in 2021, also a weak year for the global vehicle market. China continues to lead the recovery as sales rates reached all-time highs in August with the cut in the transient acquisition tax. Indeed, analysts note that the Chinese market continues to wonder to the upside. Preliminary knowledge indicates that the annual sales rate reached a new high of 37. 1 million units/year, slightly above the 36. 8 million units/year revised in July. However, weak sales rates in North America and Europe softened the continued supply disruption.
“Genesis GV60 – BMW (and Others) Beware” is the verdict of our new and long-time resident styling guru this week. “Established premium logos deserve to take note of the engineering expertise of Genesis’ first electric crossover. ” Although the Hyundai Ioniq 5 and Kia EV6 are already well established as high-priced electric vehicles within the Hyundai Motor Group, the Genesis also has its first E-GMP model. The GV60, an electric-only crossover, is rarely the first or even the time that the luxury logo vehicle comes with a large battery. There is also the larger and weirdly named Electrified GV70, as well as the eG80 (also called the Electrified G80). However, neither the SUV nor the sedan are mounted on a specific electric platform. Automakers love to brag about the anticipated primary benefits of electronic architectures, but they’re plagued with all sorts of compromises, just like the platforms that underpin liquid-fueled cars. With a BEV, there is no front engine, but really, what are the benefits for anyone who buys the vehicle? In a Mustang Mach-E, it’s a no-brainer: a useful deep-moment start. The thing is, an F-1five0 Lightning also has one. The architecture? It will be T3. As in the ladder frame chassis of the petrol version, although modified. So let’s move on to HMG’s global electrical modular platform. Is this a big deal for someone who has one of the organizational styles that are built around them? Actually yes. Click here to see the rest and see if you agree.
Where do Mercedes and Rivian deserve to identify their new European electric vehicle factory? Good question. Automaker Mercedes and electric vehicle go live Rivian is set to collaborate on a new plant in Central and Eastern Europe to produce electric vans. Who would have imagined a deal like this a couple of decades ago (the closest thing I can think of was when Hanomag van models [later acquired through Daimler Benz Trucks] shortly used British Motor Corporation engines)? This week, GlobalData Group’s Investment Monitor examines where the most productive outdoor option is in Hungary, Poland and Romania. What do we know so far? Earlier this month, Mercedes-Benz Vans, a business unit of the auto giant, signed a memorandum of understanding with Rivian, the most well-funded auto company in the United States, to form an electric van production joint venture (JV). Under the agreement, the corporations will share the prices of identifying a new all-electric factory at an existing Mercedes site in Central and Eastern Europe. The plant will make giant electric trucks for any of the corporations. An opening date has yet to be confirmed, with official reports saying the plant will start operations “in a few years”. The Mercedes JV is the latest in a series of steps taken across Rivian to develop its production capacity. The company, which counts Amazon and Ford among its largest shareholders, is expected to produce 25,000 cars by 2022 at its production plant in Normal, Illinois.
Let’s go back to our new futuristic model, this time to two longstanding North American General Motors logos that are now important in China as well. How will buyers react to GM’s transformation of Cadillac into an all-electric logo? GM says the logo will eventually offer 4 electric SUVs or crossovers plus a low-volume “statement” vehicle. We explore those plans while looking at what happens to existing models. Big in China, but in recent years not so big in the US (it even imports models for sale in North America from China), Buick has a primary replacement in the form of many electric vehicles. It’s been a horrible year for the logo (and so many other logos) in the United States. However, in China, its first market, 2022 is shaping up to be memorable for the opposite reason. GM hopes that once the chip crisis is over, the logo will see better days in North America. Especially given the 57% (YoY) drop in the first part of 2022 to just 48,075 sales. Data for July and August are not available, as GM now only releases quarterly reports.
Don’t you forget about the original Honda Jazz (aka Fit) launched in 1982/3 and widely sold in Japan but also in Asia-Pacific, here in the UK and Europe? From memory, the highlights were a fuel-efficient 1. 2-liter gasoline engine (Japanese buyers were presented with a Turbo), tinted glass, heated rear window, heater/defroster (AC is only optional). in some markets, heated rear window and a folding rear window). Seat Not bad for the cash at the time Fast-forward 20 years to the last Jazz we reviewed this week: Honda’s ‘magic’ seats fold and fold into a variety of configurations to carry passengers and other stuff. We’ve noticed the same diversity in other Honda models for some time, but it’s still impressive – it’s partly due to the packaging of the hybrid powertrain parts (it’s now electrified and comes only in this form in most of Europe). ) in the chassis and in the engine compartment. t equipment, in 1982 a push-yetton radio was optional in most markets. Today in Europe, connected infotainment features and apps are accessed via a touchscreen or voice activation, adding weather, parking spaces, music, navigation services, location search and telephony. LCD touch screen interface is designed to minimize driving force distraction; the operating time of the maximum controls used is reduced by 58% compared to the previous model. The 9-inch touchscreen lets you pinch, swipe, and tap the Honda Connect car audio and information system, which includes DAB (European virtual radio equivalent to HD in the US) and Internet radio (with a touch dial). welcome to control the volume instead of a touch slider), phone interface and Bluetooth connectivity, plus a rear view camera with dynamic directions. In fact, things have replaced in 4 decades.
The appeal of a vehicle’s internal cab tracking to ensure safe protection and improved connectivity is a developing market, with many OEMs looking for this generation for their new models. German semiconductor manufacturer Infineon Technologies, in collaboration with 3-d time-of-pmdtechnolgies, a specialist in flight systems, has developed a moment generation of the REAL3 automotive symbol sensor. data, battery charging and more. We sat down with Martin Lass, ToF’s Three-Dimensional Imaging Marketing Manager, to find out how this generation works in cars and the programs and features it will offer consumers.
A YouGov survey here in the UK revealed a “significant” shift towards charging EVs (electric vehicles) away from home, as public and destination charging services start to ramp up to meet growing demand. The survey, conducted via YouGov on behalf of vehicle charging specialist CTEK, showed that only 56% of EV owners now qualify at home (compared to 78% in 2021), with 20% charging in shopping malls, 20% at work, 11% in hotels, and 8% in restaurants. 17% get paid at gas stations, but only 7% say it’s their favorite qualifying position, and 12% truly say not having to go to gas stations is their favorite part of the city. own an electric vehicle. Zap Map data showed that the number of public charging stations had increased by 34% from last year and the survey also revealed that the availability of public charging was now much less of a fear for EV ownersArray with just the 8% citing the lack of local charging services as their biggest frustration, up from 30% in 2021. However, almost three-quarters (71%) of UK motorists still felt more charging infrastructure was needed to meet developing demand for electric vehicle charging and, this was down slightly from 78% in 2021, remains the highest point in Europe. The importance of charging outside the home was highlighted by 44% of respondents saying the availability of public charging made them more likely to purchase an electric vehicle. Additionally, 50% of drivers said they would be more likely to purchase an EV if charging was available at work, and that number rose to 81% among former EV owners.
Data released via Moscow-based AEB shows sales of new cars and light commercial vehicles in Russia fell 62. 4% year-on-year in August. Only 41,698 light cars were sold in August. Year-to-date sales are 60. 7% lower than the same time last year, with light vehicle sales totaling 410,548 units. Many brands left Russia after the country invaded neighboring Ukraine in February. Contrary to the same old practice, the AEB press release containing the knowledge was conspicuously lacking in any comment on market knowledge or developments by a member of AEB’s automakers committee. Although the August figures are bleak, analysts at LMC Automotive, a GlobalData company, say an upward trend in Russian demand for BT is evident, with the sales rate emerging for a month in a row from the low point of June. SAAR PV (passenger vehicle – car) fell from 309k in June and 353k in July to 458k last month. LCV sales held up better, falling 57% year-on-year.
China’s new passenger vehicle sales continued to recover strongly in August 2022, rising 29% year-on-year to 1. 87 million units from low levels a year earlier, retail insight shows. published through the China Passenger Car Association report. Last month the market benefited from the significant suppressed call resulting from the widespread Covid lockdowns in the first part of the year which are continuing and expanding in some cities. In addition, in June, the government halved the vehicle acquisition tax from 10% to 5% until the end of 2022 on fuel-efficient passenger cars costing up to CNY 300,000 (USD 45,000) for purchase. recovery of the automotive industry. CPCA said passenger car deliveries to dealers, that is, wholesalers, rose 38% to 2. 1 million sets last month from a year-low. beyond one when shipments were severely affected by supply chain shortages. Dealer shares have rallied in the past two months, which the deal said would stabilize the retail market.
BMW has announced that it will opt for cylindrical battery mobiles in its electric cars (EVs) for a new generation of cars to be manufactured from 2025. The move to cylindrical mobiles means that BMW follows Tesla, with its 4680 cylindrical battery. The next The latest generation batteries are optimized for the new vehicle architecture (“NEUE KLASSE”) and BMW claims a higher power density of more than 20% for functionality innovations that come with faster charging (up to 30 % faster) and longer battery life (up to 30% Continued). According to Frank Weber, member of the Board of Management of BMW AG responsible for development: “We are also reducing CO2 emissions from mobile production by up to 60 percent. These are vital milestones for sustainability and visitor benefits. To obtain the necessary battery mobiles for NEUE KLASSE, the BMW Group has awarded contracts worth two billion euros for the structure of battery mobile factories to CATL and EVE Energy. The two partners will build two gigafactories in China and Europe. Each of the mobile battery factories will have a total annual capacity of up to 20 GWh. The plans contemplate the structure of two more mobile battery factories in the North American Free Trade Area, USMCA, whose partners have not yet been named.
Volvo Trucks mass-produces the electric versions of the company’s maximum diversity of vital products, its trucks: Volvo FH, Volvo FM and Volvo FMX. These trucks can operate with a total weight of 44 tons of gross vehicle weight (GVW) and the 3 models account for about two-thirds of the company’s sales. With these new additions, Volvo Trucks claims to have six electric truck models in international series – the widest diversity of electric trucks in the industry.
Due to the announcement that Monday 19 September is a public holiday here in England for the funeral of the expired Queen, Just Auto (and other UK-based offices and GlobalData) will be closed. Updates and our newsletter will resume on Tuesday.
Have a great weekend.
Graeme Roberts, Associate Editor, Just Auto