Apparently, the wheels have come off Jaguar Land Rover’s comeback. Apparently. In the latest fiscal year, Tata Motors-owned JLR lost about $710 million, although that was a substantial improvement over the fiscal year ended March 31, 2019, with its staggering loss of about $6.0 billion. The turnaround plan has shown results, to date. But going …
Despite tainted history, the hydrogen economy lives on with Toyota in driver’s seat
The most abundant element in the universe is the next big thing in zero-emissions transportation, and has been for about a quarter of a century. Indeed, in the mid-1990s, Burnaby, B.C.-based Ballard Power Systems began aggressively touting hydrogen fuel cells as the “green” solution for the 21st century. Ballard. Remember Ballard? Looking back, many believe …
Is Toyota — not Tesla — the real automotive disruptor (hiding in plain sight)
The wonderful poet and philosopher, the late Maya Angelou, famously said, “When people show you who they are, believe them.” Superb advice. When car companies show you who they are through their products and how they develop, sell and support them, believe them, too. Which brings me to Toyota Motor Corp.—the world’s richest (about $100 …
Tesla: furloughed workers, pay cuts and a near-billion dollar bonus for Musk
The stock market, volatile and now driven more by machine trading (algorithms) than hands-on human decision-making, is saying Tesla Inc. has won. The endgame is nigh, apparently. And the endlessly arrogant, astonishingly abrasive and spectacularly successful CEO Elon Musk is growing richer by the day. That Tesla should be worth about $145 billion (all figures …
July 24, 2020 | Commentary, First on the Grid Like Comments (0) |
Volvo sees pandemic giving a jolt to electrification plan
Volvo Cars in Canada sells five plug-in hybrid models – two SUVs (sport-utility vehicles), two sedans and one station wagon, the V60 plug-in hybrid. All five are rated at 400 horsepower. They are fast, too: 0-100 km/hour in 4.6 seconds for the V60. And you won’t find any loss-leading starter models among them. Volvo, under …
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