Study Reveals Cost Disparity Between Premium and Mass-Market EVs vs. Gas Cars

A recent study sheds light on the stark cost differences between owning premium electric vehicles (EVs) and their gasoline-powered counterparts, as opposed to mass-market EVs compared to equivalent gas cars. The findings, part of JD Power’s E-Vision Intelligence Report, underscore a significant challenge facing the EV industry: the absence of price parity with traditional gasoline vehicles.

The study reveals that the five-year cost of ownership for a premium EV is only $287 higher than that of a comparable internal combustion engine (ICE) vehicle. In contrast, mass-market EVs come with a price tag that’s $9,529, or 18 percent more, than their ICE counterparts over the same ownership period. Remarkably, the average premium EV buyer pays a mere 0.4 percent premium compared to owning a gas-powered car.

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Australian Flying Car Manufacturer Secures $250 Million Order for U.S. Market Entry

Ace VTOL, an Australian flying car manufacturer based in Perth, has received a substantial $250 million order for its electric vertical takeoff and landing (eVTOL) aircraft. These vehicles are destined for American flying car showrooms, marking a significant step in the expansion of this innovative transportation technology.

The order was placed by Aeroauto, a company headquartered in West Palm Beach, Florida, indicating a growing interest in eVTOL aircraft in the United States.

Ace VTOL’s flagship eVTOL aircraft, named the GT Slipstream, is a two-seater flying car that boasts impressive specifications. It promises speeds of up to 270 mph and a range of 300 miles on a single charge. Often referred to as a ‘flying muscle car,’ the GT Slipstream represents an exciting leap forward in personal transportation.

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Suzuki Partners with Japanese Start-up to Manufacture Flying Cars in Landmark Deal

Automaker Suzuki has announced its partnership with Japanese start-up SkyDrive to produce revolutionary “flying cars” starting from next year. As per the agreement, Suzuki will collaborate with SkyDrive, a leading flying car start-up in Japan, and establish a subsidiary that will utilize a Suzuki-owned plant to manufacture these vehicles by spring 2024. This groundbreaking venture aims to create innovative products that contribute to a future where aerial transportation becomes a part of people’s daily lives. Toshihiro Suzuki, President of Suzuki Motor Corporation, expressed excitement about the collaboration and the shared vision of leveraging the sky for transportation.

The Advanced Flying Car Concept: The flying cars, resembling helicopters in appearance, will have the capability to vertically take off and land using multiple rotors. Primarily designed to carry a small number of passengers, some models are also equipped for land use. SkyDrive recently unveiled plans to enhance their vehicle, allowing it to accommodate three individuals, instead of the previous two, as demonstrated at the Paris Airshow.

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Ford Accelerates Towards Electric Truck and SUV Innovation

Ford is making significant strides in its electric vehicle (EV) lineup, with plans for an impressive electric truck and a high-performance SUV. The automaker’s CEO, Jim Farley, described the forthcoming electric pickup as a “Millennium Falcon with a back porch,” while also unveiling details about the upcoming electric three-row utility vehicle. Led by Doug Field, Ford’s new chief officer of EVs and digital systems, who brings expertise from Tesla and Apple, the brand aims to deliver innovative electric vehicles that cater to different customer needs.

A Speedy SUV Companion:

The new electric SUV, revealed by Doug Field, will be similar in size to the Expedition but will not replace it. Both models will be sold alongside each other and target different customer segments. Field explained that converting the gas-powered Expedition into an EV would compromise its performance as an electric vehicle and its capabilities as an Expedition. Instead, Ford is focused on developing a distinct electric SUV that offers exceptional features and performance.

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The Future of Car Design: How AI is Changing the Game

What if automakers could design their next popular vehicle in minutes for a fraction of the cost? That’s what General Motors and the MIT Sloan School of Management explored in a recent study, using a neural network to analyze data collected from GM clinics to determine what makes an attractive vehicle. By inputting images and scores given by attendees, the AI software trained itself to output an aesthetic rating for a given image. The program was able to predict with remarkable accuracy how consumers would rate vehicles, achieving a 74% agreement rate.

Next, the program used this information to design new vehicles that would score high aesthetically, based on parameters such as “make it Chevy-like.” Interestingly, some of the designs generated by the AI were strikingly similar to vehicles sold by automakers in 2020, despite the fact that they were not in the automaker’s lineup in 2014.

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Mitsubishi Motors to Launch World’s First Real-time Cinematic Vehicle Configurator

● Industry-first use of the latest cloud streaming video game technology allows customers to configure their ideal 2023 Outlander Plug-In Hybrid and see it in motion 
● Upon completion, customers receive personalized interactive microsite featuring images and videos of their vehicle 
● ZeroLight‘s cloud-based, plug-and-play visualization platform complements Mitsubishi Motors’ ClickShop digital showroom experience

Mitsubishi Motors has announced the launch of the world’s first real-time cinematic vehicle configurator, which will enable customers to configure and visualise their vehicles in a more immersive and interactive way. The configurator is set to be launched in the UK in May 2023, and will be available on the company’s website.

According to Mitsubishi Motors UK’s managing director, Rob Lindley, “We are excited to be launching this cutting-edge technology, which will provide our customers with a more engaging and interactive way to configure and visualise their vehicles. This is a game-changing technology that we believe will revolutionize the way people buy cars.”

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BMW’s new head-up display spans the windshield

BMW Panoramic Vision head-up display

BMW has unveiled a new innovation in automotive technology: a windscreen-wide head-up display. The new technology is designed to provide drivers with a more immersive and intuitive driving experience, with important information displayed on the windscreen in the driver’s line of sight.

The new head-up display system uses augmented reality technology to project information onto the windscreen, including speed, navigation instructions, and alerts about potential hazards. The system also features a 3D display mode that provides a more realistic view of the road ahead.

According to BMW, the new technology is designed to reduce driver distraction by providing important information without requiring the driver to take their eyes off the road. The windscreen-wide display also provides a more comprehensive view of the road ahead, which can help drivers to stay alert and aware of their surroundings.

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Mercedes-Benz unveils Google partnership for cars with ‘supercomputers’

Mercedes-Benz has recently unveiled a new partnership with Google to develop supercomputers for its vehicles. The partnership is aimed at improving the performance of Mercedes-Benz’s cars and making them more efficient.

The supercomputers, which are powered by Google’s Android operating system, will be integrated into the cars’ systems to provide enhanced functionality and improved user experiences. This includes providing users with personalized recommendations for music, navigation, and other services, as well as enabling them to control their vehicle’s functions through voice commands.

Speaking about the partnership, Ola Källenius, Chairman of the Board of Management of Daimler AG and Mercedes-Benz AG, said: “We are delighted to partner with Google to bring the best of both worlds, combining our automotive expertise with Google’s data expertise. Together, we will create an ecosystem that will enable enhanced safety, sustainability, convenience, and fun on the road.”

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Autonomous steering system keeps human drivers engaged

The Attention-Driven Steering (ADS) system, which aims to improve driver engagement and awareness in semi-autonomous vehicles, was developed by researchers at the University of Waterloo in Canada, including Krzysztof Czarnecki, a professor in the Department of Electrical and Computer Engineering.

In a research paper titled “Attention-Driven Steering for Semi-Autonomous Vehicles,” the team provides technical details about the system’s design and implementation. According to Czarnecki, “ADS uses a camera to track the driver’s eye movements and a machine learning algorithm to predict the direction they are looking in. The system then adjusts the vehicle’s steering angle to keep it moving in the same direction as the driver’s gaze.”

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Chrysler’s future car cabins will be built around partial self driving

The Synthesis concept helps you multitask when your hands are off the wheel.

By Jon Fingas

Chrysler has yet to deliver an electric car or otherwise leap into the future, but it’s at least willing to hint at what that future will look like. The Stellantis brand is debuting a Synthesis cockpit concept at CES that previews what you can expect in next-generation electric vehicles. Most notably, the two-seat demonstrator is built around Level 3 self-driving technology — that is, it assumes you’ll have your hands off the steering wheel in limited conditions.

The 37.2 inches of infotainment display area provides the usual media and navigation controls, but is also designed to be useful when autonomous driving is active. You can participate in video calls, play games, sing karaoke or even create your own music. It’s not clear how this would integrate with a production car (there’s no steering wheel in the concept), but Chrysler is joining Mercedes, Tesla and other automakers offering in-car productivity and entertainment apps to drivers.

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    By Cody Carlson

    CAR manufacturing startup Namx has revealed a prototype version of their debut hydrogen-powered vehicle – and it will be able to get nearly 500 miles out of just one charge. 

    The vehicle, known as the HUV, is the first model to be partially powered by a patented removable tank system created to make hydrogen fuel widely available.


    TrinamiX partners to build biometric driver authentication capability into vehicle trim

    By Chris Burt

    BASF subsidiary trinamiX has formed a partnership with Spain-based Grupo Antolin to integrate face biometrics for driver authentication into the latter’s product portfolio.

    Grupo Antolin is a global developer of technologies for car interiors, and will integrate trinamiX Face Authentication in vehicle trim to confirm the identity of the driver as they approach the vehicle.

    TrinamiX Face Authentication provides strong, patent-protected biometrics with liveness detection based on skin analysis, as described in a reference design developed through a collaboration with Qualcomm.

    The deal extends trinamiX’s biometric technology beyond smartphones, for which it is offered for in-display authentication solutions.

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