According to a recent report produced by independent research organization A.T. Kearney Energy Transition Institute, automobile manufacturers will face challenges surfacing from supply shortages of natural resources for battery production as they move to electrify their fleet in line with government mandate to reduce carbon dioxide emissions.
“Electric car batteries rely on a host of rare materials —from lithium and nickel to cobalt. Battery makers around the world are struggling to secure supplies of these key ingredients as demand outstrips supply. This undoubtedly places pressure on carmakers, so the hunt for alternative technologies is on,” explained Romain Debarre, managing director, A.T. Kearney Energy Transition Institute.
Cobalt, the report held, is in particularly short supply globally and reserves could be depleted completely by the time 300 million EVs are produced —a modest proportion compared to the 1.2 billion cars on roads today.
Read the article at Economic Times.
Officially called e-fuel, the new substance will be made available in both e-gasoline and e-diesel versions sometimes in the distant future.
The fuel is, in fact, a liquid isooctane produced from biomass in a two-step process.
Having created enough for a test run, Audi engineers are currently testing the solution to check for combustion and emission performances.
“Like all Audi e-fuels, the new fuel has many advantages,” said Reiner Mangold, head of product development at Audi. “It isn't dependent on crude oil, it is compatible with the existing infrastructure, and it offers the prospect of a closed carbon cycle.”
Read the article at autoevolution.
Judges chose winners for The Work Truck Show® 2018 Innovation Awards in three categories at last week’s Show.
The Most Innovative Vehicle award went to Workhorse (Loveland, Ohio) for its W-15 electric pickup truck. The Most Innovative Safety Product award was presented to J.W. Speaker Corporation (Germantown, Wisconsin) for the Model 8910 Evolution 2 LED headlight, and the Most Innovative Truck Equipment honor went to CARR (Temecula, California) for its Factory Step.
Innovation Awards honor the product or products displayed at the Show deemed “most innovative” by a panel of trade media editors and truck fleet managers. This year’s three award recipients were selected from a field of 175 eligible products entered through The Work Truck Show 2018 New Product Spotlight or New Product Media Guide programs.
Mercedes-Benz Bank is piloting a new car subscription service - Mercedes me Flexperience - that allows customers to swap between up to 12 vehicles a year for a single monthly payment.
Through a smartphone app, customers manage their vehicle requirements online, ranging from choosing a car to arranging collection and delivery, with dealers playing a key role in providing the service.
Klaus Entenmann, CEO of Daimler Financial Services, said: “With our mobility and financial services expertise, we are in a position to provide our customers with maximum flexibility in the vehicle use, from digital vehicle selection and booking to vehicle change.”
Read the article at Asset Finance International.
This summer, General Motors Co. plans to start a pilot program that will enable car owners to rent out their vehicles when they aren’t using them.
GM's Maven Unit already rents vehicles to individual drivers, including customers looking for short-term wheels as they have through services such as Zipcar.
"As GM looks to grow its Maven unit, it’s plowing ahead with self-driving at its Cruise Automation unit in San Francisco. Cruise has developed driverless versions of the electric Chevrolet Bolt, plus an app to use the cars as robotaxis in a ride-hailing fleet starting next year. GM hasn’t yet decided whether to use Cruise’s app, a new invention or a partner for the planned autonomous-ride business or if they would use Maven or another marketing name, the people said."
Read the article at Bloomberg.
Element Fleet Management was once again recognized as Supplier of the Year by Axalta, a paint and coating manufacturing company.
The award thanks Element for their quality service in providing exceptional products and services to Axalta customers worldwide.
WEX Inc. today announced the latest addition to its innovative line of fleet cards—WEX Cross Roads, the new one-card solution for fleets requiring unleaded and diesel fueling options at BOTH truck stops and convenience stores.
WEX developed Cross Roads with mixed fleet customers to create one of the first fully closed-loop networks across retail and high-speed diesel locations.
When it comes to new products and innovations in the work truck space, The Work Truck Show is the place to see them unveiled!