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Business
Noteworthy Headlines
Toyota, BMW, Geely, GM and hybrids.
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December 12, 2023
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Toyota's Innovative EV Transmission
Developing Technology
:
Toyota
is working on a simulated manual transmission for electric vehicles with up to 14 gears.
Customizable Experience
: Drivers can choose their preferred number of virtual gears, enhancing engagement.
Operational Mechanics
: The system involves fixed physical shift gates, where the virtual pattern adjusts to new "ratios" after gear selection.
BMW's Manual Transmission Resurgence
2024 BMW Z4 M40i
: This
roadster
will feature a six-speed manual transmission, catering to the growing U.S. demand for manual cars.
Enhanced Features
: Upgrades include unique paint colors, an aggressive rear axle, retuned suspension, and a turbocharged engine.
Improved Driving Dynamics
: The manual Z4 offers a richer driving experience than its automatic counterpart.
Introducing the LEVC L380
Geely/Electrek
Spacious Electric Van
: Inspired by the Airbus A380, Geely's
LEVC
unveils the L380, which has an 8-passenger capacity and is over 17 feet long.
Performance Specs
: 170 kph (106 mph) capacity with a 200 kW output.
Broad Market Appeal
: Targeted at the British market, with potential expansion to China.
Production Insights
: Set for production in China, maintaining a light curb weight despite its large size.
Hybrid Vehicle Resurgence
Growing Popularity
:
Hybrids
are gaining traction amid
slow
EV sales.
Consumer and Regulatory Appeal
: Automakers see hybrids as a solution to meet consumer demands and regulatory standards.
Sales Increase
: Hybrids represented 8.3% of U.S. car sales in the past year.
Cost Efficiency
: Average hybrid costs around $42,381, offering a budget-friendly alternative to EVs.
Diverse Automaker Strategies
: Leading companies adopt varied approaches, with Ford boosting hybrid production and GM focusing on EVs.
GM's Strategic Shift
Focusing on Bolt EUV
: GM will not transition the
Chevy Bolt EV
to the Ultium platform, concentrating on the larger Bolt EUV instead.
Ultium Expansion
: Cadillac Lyriq, Hummer EV, and others will join Chevy's new EVs, like the Silverado EV and Blazer EV on this platform.
Bolt EV's End
: Launched in 2016, the Bolt EV's journey concludes due to competitive challenges and safety recalls.
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