Arab Today, arab today some automakers still push electrics
Last Updated : GMT 09:41:15
Arab Today, arab today
Arab Today, arab today

50% fall in the gasoline price

Some automakers still push electrics

Arab Today, arab today

Arab Today, arab today Some automakers still push electrics

Mercedez-Benz reveals their F015 electric car
Detroit - Arab Today

Cheap fuel prices are not deterring some automakers from building up their offerings of alternative fuel vehicles.
But the 50 percent fall in the gasoline price in the United States is making electrics and hybrids less competitive with gas-fueled cars, and making it harder for companies to boost investment in alternatives in a market that is back in love with guzzlers.
General Motors and Hyundai both took a stand at the North American International Auto Show in Detroit on Monday toward a lower carbon future, but few others followed suit.
GM doubled down on its position in the electric car market, unveiling a new 200-mile (320-kilometer) Chevrolet Bolt to challenge Tesla, and a snazzy updated Volt.
The Bolt, still in concept form but envisioned for a 2017 debut, is a small crossover that lowers the price of entry to a full-range electric to $30,000, after government incentives.
GM chief executive Mary Barra called the Bolt "a real game-changer" in the electric vehicle market.
"This is truly an EV for everyone," she said, implicitly contrasting the Bolt with Tesla's best-selling, 265-mile range Model S, a larger, luxury electric with a base price of $70,000.
GM also launched an improved model of the Chevy Volt, its plug-in hybrid that, while remaining the best-selling US electric since it was brought to market four years ago, has still not captured a mass audience.
The new Volt boosts the range on the electric engine alone to 50 miles from the previous 38, and, with both electric and gas engines engaged, has a much faster acceleration than before.
"Owners wanted to see a greater range on the new model, and we have delivered," said Barra.
Hyundai introduced its standard hybrid and plug-in hybrid Sonatas at the show, as it pushes ahead with an all-technologies strategy for the US and global market.
"While low fuel prices are the hot topic right now, we all recognize the long-term need to reduce CO2 emissions," said Mike O'Brien, Hyundai vice president of corporate and product planning for North America.
"We intend to lead the way to this more efficient future."
The climb to that future, though, has become steeper with the plunge in gasoline prices.
"There has been a shift in consumer preferences nationwide for three months now. That shift from small crossover mid-size and compacts migrates to large trucks, SUVs and utilities and even to luxury vehicles," said Alec Gutierrez, an industry analyst at Kelley Blue Book.
"This trend is sustainable because there are expectations that gas prices are going to stay low at least for another six months."
At the same time, said Gutierrez, another dynamic is working: manufacturers have incorporated new fuel-saving technologies in their traditional combustion engines, making them more competitive with hybrids and electrics.
- Government pressure -
Nevertheless, all automakers are under the pressure of tough government targets to raise their average fuel efficiency of their fleets to 54.5 miles per gallon (4.2 liters per 100 kilometers) by 2025.
That forces all to come up with alternative fuel versions of their most popular cars, even if they don't work for the market, price-wise.
Industry specialists say the cost of reaching the 2025 goals is huge to car builders, and that they are beginning to push back against the government over the tight deadline.
"The regulators are going to have to come to terms with these lower oil prices," said Martin Zimmerman, a professor at the University of Michigan and former head economist at Ford.
But the targets won't be rolled back completely.
"We have to electrify many of our cars to satisfy the requirements," said Audi head of sales Luca de Meo.
Mercedes Benz chairman Dieter Zetsche said more companies are coming out with less fuel-efficient SUVs in part because buyers are less concerned about fuel costs.
But he acknowledged that the industry has to improve, because Europe and even Asian countries are pressing them on CO2 emissions, in addition to the US fuel targets.
"At the end of the day, we will not have sufficient oil," said Zetsche.
Source: AFP

 

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today some automakers still push electrics Arab Today, arab today some automakers still push electrics

 



Arab Today, arab today
Arab Today, arab today Jordan airline suggests flyers 'talk'

GMT 11:59 2017 Friday ,24 March

Jordan airline suggests flyers 'talk'
Arab Today, arab today Sheds light on major steps in 12-year career

GMT 06:07 2017 Monday ,27 February

Sheds light on major steps in 12-year career
Arab Today, arab today Dozens dead in US-led Syria strikes

GMT 08:35 2017 Thursday ,23 March

Dozens dead in US-led Syria strikes

GMT 06:26 2017 Saturday ,04 March

GMC offers guidelines to buy new car

GMT 14:13 2017 Monday ,20 February

GM’s new global strategy puts profits first

GMT 08:16 2017 Tuesday ,14 February

Tesla takes on Gulf gas guzzlers

GMT 08:53 2017 Monday ,13 February

Despite diesel scandal, new models coming to US
View News in Arabic - Auto: السيارات أخبار
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Yemen children dream of school

GMT 07:25 2017 Friday ,24 March

Yemen children dream of school
Arab Today, arab today MP submits a petition to dismiss university head

GMT 06:21 2017 Friday ,24 March

MP submits a petition to dismiss university head
Arab Today, arab today Salvage of South Korea's Sewol ferry

GMT 04:51 2017 Friday ,24 March

Salvage of South Korea's Sewol ferry
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Audi RS 5 Coupe acquires new design

GMT 13:22 2017 Thursday ,23 March

Audi RS 5 Coupe acquires new design
Arab Today, arab today Renault Trezor wins design award

GMT 11:56 2017 Tuesday ,21 March

Renault Trezor wins design award
Arab Today, arab today Merna Waleed praises her work with Soad Hosni

GMT 07:03 2017 Wednesday ,22 March

Merna Waleed praises her work with Soad Hosni
Arab Today, arab today 2017 already marked

GMT 15:25 2017 Tuesday ,21 March

2017 already marked

GMT 07:12 2017 Tuesday ,21 March

Donia Abdel Aziz participates in "Game of Silence"

GMT 22:00 2017 Thursday ,23 March

Number of unwedded girls amounts to 2.5m

GMT 10:34 2017 Tuesday ,21 March

Mexico threatens to ditch US corn imports

GMT 19:45 2017 Monday ,20 February

Sarah Belamesh designs antiques of "ceramic"

GMT 07:38 2017 Friday ,24 March

Pass health bill Friday or he'll move on

GMT 07:36 2017 Wednesday ,22 March

US, Britain ban laptops on flights

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday