The Environmental Protection Agency is considering stricter emissions laws for heavy trucks, Kia and Hyundai thefts are hitting the roof, and a new competitor has emerged to fight US electric vehicle tax incentives. All that and more in morning shift for Thursday, September 22, 2022.
first speed: Environmental Protection Agency to consider environmental protection
Back in March, the Environmental Protection Agency (EPA) looked at new regulations regarding heavy-duty trucks, to reduce emissions from the industrial wing of the US auto market. Then the agency got bored of it, it’s supposed to really become macrame or elden ring For a few months, but now her attention has turned to the big trucks – apparently, thanks to Congress. From Reuters:
The U.S. Environmental Protection Agency will consider adopting stricter greenhouse gas emissions regulations for heavy trucks, the agency told Reuters, after Congress passed new incentives to speed up the adoption of zero-emissions vehicles.
In March, the Environmental Protection Agency proposed new rules to cut greenhouse gas emissions and greenhouse gases from heavy vehicles. The agency said it would reopen proposed greenhouse gas bases after the passage of the climate law in August and the spending of the inflation-reduction act, a move that could speed up America’s shift to heavy-duty electric vehicles.
The EPA will issue an additional rule-making notice for proposed consideration of stricter greenhouse gas standards for the years 2027 through 2029 in December.
“The big change here is the inflation-reduction law,” Joseph Goffman, an official with the Environmental Protection Agency’s Office of Air and Radiation, told Reuters. “Congress has certainly sent a very strong message backed by significant resources.”
“[I]Sending a supplementary notice to lay out the proposed rules for consideration of stricter criteria “is the kind of busy business I expect from snow crashRemnants of the US government are largely unrelated, proving my theory that we’ve lived in a cyberpunk dystopia for years.
second gear: Kia Boys stay at it
Over the past few months, TikTokers has exploited a new vulnerability in late Kia and Hyundai models. Using the amazing technical technique of “jamming something in the ignition and switching it off”, thieves have stolen an incredible number of Korean cars. A lot of Kia and Hyundai cars seem to be a statistical anomaly among car thefts. From Reuters:
A nonprofit group said Thursday that claims for theft in the United States were nearly as common for Hyundai Motor (005380.KS) and Kia Corp (000270.KS) vehicles than for all other manufacturers between 2015 through 2019.
The Insurance Institute for Highway Safety (IIHS) Highway Loss Data Institute said many 2015-19 Hyundai and Kia vehicles do not have electronic stabilizers, preventing people from breaking into the vehicle and bypassing the ignition. The feature is standard equipment on nearly all vehicles made by other manufacturers during this time frame, according to IIHS.
Immobilizers were standard on 62% of models from other manufacturers in the 2000 model year, the insurance group said, rising to 96% by 2015. But they were standard on only 26% of 2015 Hyundai and Kia models, it said.
If the entire auto industry embraced a feature that makes auto theft more difficult, you’d think even laggard automakers would join in – without having to prove that these anti-theft devices exist in the real world. Kia and Hyundai have caught up, setting immobilizer standards, but that’s a small consolation for previous car owners.
Third gear: China joins complaints group over US electric car tax credits
Back when the Inflation Reduction Act was passed through Congress, there was ambiguity that its protectionist requirements for electric vehicles could conflict with international trade agreements. Then it passed, and Correa complained. Then Japan complained. Now, China is getting into the mix. From Car News:
China has joined criticism of a new US law providing tax breaks for electric vehicles, threatening to take unspecified action if necessary to protect its interests from a law it says is “discriminatory”.
Ministry of Commerce spokesperson Xu Jueting said the provision in the Inflation Reduction Act that excludes tax credits for vehicles assembled abroad “discriminates against similar imported goods, and is suspected of violating WTO principles.” “China will continue to assess and evaluate the implementation of the legislation and take measures to protect its legal interests when necessary,” she added, without giving details.
The comments add to criticism from the European Union and South Korea over the law, which says cars will not be eligible for subsidies of up to $7,500 if critical battery components come from China, Russia and “other foreign entities involved”. Much of the world’s battery supply chain relies on China, which is home to some of the world’s largest battery giants, including Tesla’s supplier, Contemporary Amperex Technology Co.
A senior Seoul official earlier called the US bases a “betrayal,” although officials have met with their US counterparts on the issue in recent days, and SNE Research said the country’s suppliers are hoping for some kind of exemption. The European Union raised the issue with the United States last week, with a European Commission spokesperson afterwards saying that the EU would “take the necessary steps to defend its interests”.
Remember when another American vehicle The industry successfully lobbied for protectionist trade laws that reduced its need to build efficient cars, and instead relied on artificial inflation of prices from foreign competitors to stay in the market? That’s a great job, right?
Fourth gear: Good luck buying that new Civic
Honda is having a hard time sourcing the auto parts with which cars are traditionally made. This, for a company whose primary source of income is the automobile industry, is somewhat understandable. From Reuters:
Honda Motor Co. (7267.T) said Thursday it will cut auto production by up to 40% at two Japanese plants in early October due to ongoing supply chain and logistical problems.
Two lines at Honda’s Suzuka plant in western Japan will cut production by about 40% in early October, while an assembly plant in Saitama Prefecture, north of Tokyo, will cut production plans by about 30% for this period.
The automaker also said Thursday that it will cut auto production in Saitama by about 40% and in Suzuka by about 20% for the rest of September.
Honda has blamed delays in receiving parts and logistics on the COVID-19 outbreak and a shortage of semiconductors. The production cut will affect a variety of vehicles, including the Vezel SUV, the Stepwgn minivan and the Civic compact car.
No matter what President Biden says, the Covid-19 pandemic is far from over. Every time an automaker attempts to return to “normal,” it receives a dire reminder that parts are still in short supply and that its workforce has been decimated by an uncontrolled virus that is leading to mass disruption. But, sure, you’ll put those production numbers out next month.
Fifth gear: Happy respite from the horror of Hummer EV
GMC cared so much about the new Hummer EV that they closed their demand banks – if you wanted a Hummer, you’d have to wait (or buy used at an unreasonable price). For this fleeting moment at least, we are spared. From Detroit Free Press:
General Motors said Wednesday it will stop making reservations about GMC’s all-electric Hummer pickup and Hummer SUV.
In a statement, GMC spokesperson Michael Farah said Hummer’s enthusiasm “has led to more than 90,000 reservations for both pickups and SUVs, and we’re excited to say that this massive demand has led to fully booked Hummer EV reservations at this time.”
General Motors introduced the Hummer EV 2023 in October 2020 and “run out” its scheduled Production 1 version in 10 minutes. Version 1 started at $110,295. The Hummer SUV, revealed in April 2021, sold out within 10 minutes. It started at $105,595.
“We built version 1 and shipped it. So a small amount of those were put on the market.” We have 90,000 people in line to get a Hummer. We build and ship every day from Factory Zero and when the brand can reopen their demand banks, we’ll let people know. There will be more to come.”
The electrification of a car that is bulky, overweight, stressful, and absurd makes it more environmentally friendly. no Reduce road wear, improve visibility, reduce momentum Nine thousand pounds of the car When you hit a cyclist or an invisible car. But thanks to EV acceleration, it can at least do all of these things more quickly.
Back: clap clap clap clap
Neutral: Will auto production ever recover?
Or will we forever have short bursts of productivity, followed by extensions of parts or staff shortages? Will these automakers bring back their old numbers, or is that the way things work now?