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  • WASHINGTON -- Sharp reductions in vehicle use, a tripling of automobile fuel economy, widespread use of electric vehicles and greater substitution of alternative fuels can help the U.S. hit aggressive international targets for reducing carbon emissions by the middle of the century, according to a clean-energy blueprint​ issued by the National Resources Defense Council. The environmental group says the climate-change goals can be met through energy efficiency and renewable fuels at much lower cost than predicted by those who focused on greater use of nuclear power, biomass and carbon capture sequestration. The group projects that the transportation sector will spend about $115 billion more on electric and hybrid vehicles and trucks annually during the next 35 years if its clean-energy plan is followed, annually saving almost $200 billion in net energy costs at the start and reaching nearly $500 billion by 2050. Scientists agree the U.S. and other developed countries must reduce green..

    NRDC calls for investments leading to 100 mpg fleet

    WASHINGTON -- Sharp reductions in vehicle use, a tripling of automobile fuel economy, widespread use of electric vehicles and greater substitution of alternative fuels can help the U.S. hit aggressive international targets for reducing carbon emissions by the middle of the century, according to a clean-energy blueprint​ issued by the National Resources Defense Council. The environmental group says the climate-change goals can be met through energy efficiency and renewable fuels at much lower cost than predicted by those who focused on greater use of nuclear power, biomass and carbon capture sequestration. The group projects that the transportation sector will spend about $115 billion more on electric and hybrid vehicles and trucks annually during the next 35 years if its clean-energy plan is followed, annually saving almost $200 billion in net energy costs at the start and reaching nearly $500 billion by 2050. Scientists agree the U.S. and other developed countries must reduce green..
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  • Toyota is introducing a high-performance "GR" series consisting of seven variants including the Prius plug-in hybrid and Vitz subcompact.

    Toyota revs up with GR performance line

    Toyota is introducing a high-performance "GR" series consisting of seven variants including the Prius plug-in hybrid and Vitz subcompact.
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  • TOKYO -- Toyota Motor Corp. President Akio Toyoda says hybrid technology will remain central to the company’s strategy even as a rising wave of governments and automakers get behind plug-in electric vehicles. Asia’s biggest car manufacturer will continue to offer a wide range of powertrain options, and customers will ultimately decide which technology is successful, Toyoda told reporters in Tokyo Tuesday. He said Toyota would make a realistic decision on its product lineup as it watches market trends evolve. “With hybrid technology at the center, Toyota will offer fuel-cell vehicles, plug-in hybrids, gasoline cars, and -- although we’re a little bit late -- electric vehicles,” Toyoda said. “We’re not thinking about deciding that now it must be EVs, and we’ll only do EVs.” Japan rivals such as Honda Motor Co. and Nissan Motor Co. and overseas competitors such as Volkswagen AG, Daimler AG and Ford Motor Co. all have recently announced plans to increase their electric offerings. Honda ..

    Toyota chief says hybrid still central as EV momentum grows

    TOKYO -- Toyota Motor Corp. President Akio Toyoda says hybrid technology will remain central to the company’s strategy even as a rising wave of governments and automakers get behind plug-in electric vehicles. Asia’s biggest car manufacturer will continue to offer a wide range of powertrain options, and customers will ultimately decide which technology is successful, Toyoda told reporters in Tokyo Tuesday. He said Toyota would make a realistic decision on its product lineup as it watches market trends evolve. “With hybrid technology at the center, Toyota will offer fuel-cell vehicles, plug-in hybrids, gasoline cars, and -- although we’re a little bit late -- electric vehicles,” Toyoda said. “We’re not thinking about deciding that now it must be EVs, and we’ll only do EVs.” Japan rivals such as Honda Motor Co. and Nissan Motor Co. and overseas competitors such as Volkswagen AG, Daimler AG and Ford Motor Co. all have recently announced plans to increase their electric offerings. Honda ..
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  • TOKYO -- Toyota Motor Corp. is introducing a high-performance series consisting of souped-up staples as it accelerates efforts to jazz up its image. The “GR” series made its debut in Japan with seven variants including the Prius plug-in hybrid and Vitz subcompact at an event in Tokyo on Tuesday. Toyota will expand the lineup later this year and plans to increase the number of countries where the vehicles are offered. President Akio Toyoda has been working to reinvigorate the Toyota and Lexus brands after lamenting that consumers perceived the cars to be well-made but boring to drive. The initiatives have gathered pace with the debut of the LC500 coupe from the luxury arm last year and a complete redesign of the Camry, America’s best-selling car, which Toyoda labeled “sexy” at its unveiling in January. At the Tokyo Motor Show next month, Asia’s biggest automaker is tipped to show a concept for an all-new Supra, its halo sports car that ended production in 2002. Toyota established GA..

    Toyota offers souped-up Prius as part of high-performance ‘GR’ line

    TOKYO -- Toyota Motor Corp. is introducing a high-performance series consisting of souped-up staples as it accelerates efforts to jazz up its image. The “GR” series made its debut in Japan with seven variants including the Prius plug-in hybrid and Vitz subcompact at an event in Tokyo on Tuesday. Toyota will expand the lineup later this year and plans to increase the number of countries where the vehicles are offered. President Akio Toyoda has been working to reinvigorate the Toyota and Lexus brands after lamenting that consumers perceived the cars to be well-made but boring to drive. The initiatives have gathered pace with the debut of the LC500 coupe from the luxury arm last year and a complete redesign of the Camry, America’s best-selling car, which Toyoda labeled “sexy” at its unveiling in January. At the Tokyo Motor Show next month, Asia’s biggest automaker is tipped to show a concept for an all-new Supra, its halo sports car that ended production in 2002. Toyota established GA..
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  • They're almost at the tipping point. General Motors thinks electric cars are on the brink of going mainstream in the U.S.—but the carmaker also believes that it and other automakers will soon exhaust current government incentives that help push . "We are near the tipping point for mainstream adoption," Darin Gesse, product manager for the Chevrolet Bolt, said in an interview with WardsAuto. That confidence seemed to be rooted in the Bolt's combination of a 238-mile range and a base price of $37,495. That drops to just under $30,000 when the $7,500 federal tax credit for electric cars is applied. Those incentives have helped drive demand for electric cars so far, but eligibility is based on sales caps GM and other automakers may soon exceed.A range of at least 200 miles with a price below $40,000 is often touted as the necessary combination for taking electric cars mainstream. It brings a reasonable amount of range into the vicinity of what most Americans pay for a new gasol..

    GM Thinks Electric Cars Will Go Mainstream Soon, Even Without Government Incentives

    They're almost at the tipping point. General Motors thinks electric cars are on the brink of going mainstream in the U.S.—but the carmaker also believes that it and other automakers will soon exhaust current government incentives that help push . "We are near the tipping point for mainstream adoption," Darin Gesse, product manager for the Chevrolet Bolt, said in an interview with WardsAuto. That confidence seemed to be rooted in the Bolt's combination of a 238-mile range and a base price of $37,495. That drops to just under $30,000 when the $7,500 federal tax credit for electric cars is applied. Those incentives have helped drive demand for electric cars so far, but eligibility is based on sales caps GM and other automakers may soon exceed.A range of at least 200 miles with a price below $40,000 is often touted as the necessary combination for taking electric cars mainstream. It brings a reasonable amount of range into the vicinity of what most Americans pay for a new gasol..
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  • They are the technologies at the heart of a decades-long effort to save fuel and cut emissions around the world: turbocharging, stop-start systems, lightweighting and eco-drive settings. Yet when these methods move out of the lab and into the real world, not all of them actually help. That's according to Emissions Analytics, an independent U.K.-based company that has tested more than 500 vehicles in the U.S. since 2013. Using portable testing gear on real cars in real driving situations, EA has been working to determine what trends in the automotive space actually have a meaningful impact on fuel economy and greenhouse-gas emissions. EA plans to release its full findings on U.S. vehicles in early October. The goal, according to Nick Molden, the company's founder and CEO, is to give consumers an accurate and unbiased look at the true fuel economy and CO2 emissions of the vehicles they're interested in and their true impact on the environment. "You can only decide if y..

    Study questions efficacy of key fuel-efficiency technologies

    They are the technologies at the heart of a decades-long effort to save fuel and cut emissions around the world: turbocharging, stop-start systems, lightweighting and eco-drive settings. Yet when these methods move out of the lab and into the real world, not all of them actually help. That's according to Emissions Analytics, an independent U.K.-based company that has tested more than 500 vehicles in the U.S. since 2013. Using portable testing gear on real cars in real driving situations, EA has been working to determine what trends in the automotive space actually have a meaningful impact on fuel economy and greenhouse-gas emissions. EA plans to release its full findings on U.S. vehicles in early October. The goal, according to Nick Molden, the company's founder and CEO, is to give consumers an accurate and unbiased look at the true fuel economy and CO2 emissions of the vehicles they're interested in and their true impact on the environment. "You can only decide if y..
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  • One plug-in big rig could start some serious fires in the trucking market. Tesla's electric semi-truck could generate lots of revenue for the automaker, and force other companies to develop their own electric commercial trucks, according to a major Wall Street Tesla bull.In a September 6 note to clients, Morgan Stanley said it expects Tesla to begin taking $5,000 refundable deposits for the truck right after its unveiling, according to Axios. Lead report author Ravi Shanker said the automaker could receive thousands of orders very quickly, forcing other companies to launch their own competitor models.To some extent, that's already happening. Cummins recent unveiled a prototype electric truck, Volvo has tested a hybrid semi-truck, and Mercedes-Benz is experimenting with electric commercial trucks. Toyota is testing its "Project Portal" hydrogen semi truck in California, and Nikola Motors is peddling the hydrogen-powered Nikola One.The Tesla semi-truck could trigger an avala..

    Tesla’s Electric Semi Could Trigger a Commercial Trucking War, Wall Street Analyst Says

    One plug-in big rig could start some serious fires in the trucking market. Tesla's electric semi-truck could generate lots of revenue for the automaker, and force other companies to develop their own electric commercial trucks, according to a major Wall Street Tesla bull.In a September 6 note to clients, Morgan Stanley said it expects Tesla to begin taking $5,000 refundable deposits for the truck right after its unveiling, according to Axios. Lead report author Ravi Shanker said the automaker could receive thousands of orders very quickly, forcing other companies to launch their own competitor models.To some extent, that's already happening. Cummins recent unveiled a prototype electric truck, Volvo has tested a hybrid semi-truck, and Mercedes-Benz is experimenting with electric commercial trucks. Toyota is testing its "Project Portal" hydrogen semi truck in California, and Nikola Motors is peddling the hydrogen-powered Nikola One.The Tesla semi-truck could trigger an avala..
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  • One of Wall Street's top auto analysis firms, Morgan Stanley, has begun to push clients towards considering the very real possibility of a Tesla-dominated electric vehicle market, reports CNBC. In a note distributed last last week, clients were informed that not only have stocks begun to head in the right direction, but so have production numbers.It appears that the firm was originally quite skeptical, estimating that there would be no volume of Model 3s through the remainder of 2017. They have since reversed this and have predicted a volume of 1,500 units delivered by the end of the year. Additionally, the firm believes that Tesla is certainly on track to meeting its goal of 10,000 units per week by the end of 2018. Morgan Stanley is so confident, a company analyst has upped his prediction from 90,000 units produced throughout that year to 120,000."We update our model with increased Model 3 unit forecasts, improved revenue and gross margin in energy, storage, and other, and (mu..

    Tesla’s Stock Continues to Climb Due to Increased Market Presence

    One of Wall Street's top auto analysis firms, Morgan Stanley, has begun to push clients towards considering the very real possibility of a Tesla-dominated electric vehicle market, reports CNBC. In a note distributed last last week, clients were informed that not only have stocks begun to head in the right direction, but so have production numbers.It appears that the firm was originally quite skeptical, estimating that there would be no volume of Model 3s through the remainder of 2017. They have since reversed this and have predicted a volume of 1,500 units delivered by the end of the year. Additionally, the firm believes that Tesla is certainly on track to meeting its goal of 10,000 units per week by the end of 2018. Morgan Stanley is so confident, a company analyst has upped his prediction from 90,000 units produced throughout that year to 120,000."We update our model with increased Model 3 unit forecasts, improved revenue and gross margin in energy, storage, and other, and (mu..
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  • The auto industry's rush to develop self-driving vehicles, connected cars and electric vehicles has goaded suppliers into a feeding frenzy of acquisitions. This year, suppliers are expected to complete a record $57 billion worth of acquisitions, nearly double the value of deals in 2016, according to a study by PricewaterhouseCoopers. The consulting firm added up 203 acquisitions that either closed or are expected to close this year, up from 166 in 2016. Deal makers were motivated by self-driving vehicles, connected cars and fuel economy, said Dietmar Ostermann, leader of PwC's automotive advisory team and co-author of the report. Those three areas "are driving a lot of this," Ostermann said. "Suppliers are trying to find out what it really means for them and to what degree they need to change." The study included all acquisitions completed for the year to date as well as deals expected to be finalized in 2017. Several trends emerged: • Chinese buyers initiated 17 percen..

    Suppliers on track for record acquisitions

    The auto industry's rush to develop self-driving vehicles, connected cars and electric vehicles has goaded suppliers into a feeding frenzy of acquisitions. This year, suppliers are expected to complete a record $57 billion worth of acquisitions, nearly double the value of deals in 2016, according to a study by PricewaterhouseCoopers. The consulting firm added up 203 acquisitions that either closed or are expected to close this year, up from 166 in 2016. Deal makers were motivated by self-driving vehicles, connected cars and fuel economy, said Dietmar Ostermann, leader of PwC's automotive advisory team and co-author of the report. Those three areas "are driving a lot of this," Ostermann said. "Suppliers are trying to find out what it really means for them and to what degree they need to change." The study included all acquisitions completed for the year to date as well as deals expected to be finalized in 2017. Several trends emerged: • Chinese buyers initiated 17 percen..
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  • DETROIT — Ford Motor Co. plans to bring back a Ford Escape hybrid, this time as a plug-in, and roll out hybrid versions of its full-size SUVs as it makes a bigger push into electrification toward the end of the decade. The Escape plug-in hybrid, Ford Expedition hybrid and Lincoln Navigator hybrid are scheduled for release in 2019, sources with knowledge of Ford's product plans told Automotive News. Those vehicles, along with a Lincoln MKC plug-in hybrid also expected in 2019, are four of the 13 electrified models Ford plans to introduce in the next five years. In January, the automaker identified seven of the other models, including hybrid versions of the Mustang and F-150 to be available by 2020. Ford has said it is investing $4.5 billion to develop the 13 vehicles. "They're at a critical point in their strategy, and that's trying to balance today and tomorrow," said Jeff Schuster, senior vice president of forecasting at LMC Automotive. "You don't want to go al..

    Ford will ease into EVs

    DETROIT — Ford Motor Co. plans to bring back a Ford Escape hybrid, this time as a plug-in, and roll out hybrid versions of its full-size SUVs as it makes a bigger push into electrification toward the end of the decade. The Escape plug-in hybrid, Ford Expedition hybrid and Lincoln Navigator hybrid are scheduled for release in 2019, sources with knowledge of Ford's product plans told Automotive News. Those vehicles, along with a Lincoln MKC plug-in hybrid also expected in 2019, are four of the 13 electrified models Ford plans to introduce in the next five years. In January, the automaker identified seven of the other models, including hybrid versions of the Mustang and F-150 to be available by 2020. Ford has said it is investing $4.5 billion to develop the 13 vehicles. "They're at a critical point in their strategy, and that's trying to balance today and tomorrow," said Jeff Schuster, senior vice president of forecasting at LMC Automotive. "You don't want to go al..
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