Tag Archives: vehicle

Carbon Neutrality Boosts the Rapid Growth of Electric Vehicle

Vertexcom GreenPHY Chip Wins Automotive Chip Innovation Award

Vertexcom GreenPHY SoC, MSE1021/MSE1022 is compliant with HomePlug® GreenPHY standard. GreenPHY has become the core of ISO15118-3 (DIN70121), the data communication standard for CCS systems.”
— Dr. Alex Chen, the senior vice president of Vertexcom Technologies

HSINCHU, TAIWAN, July 19, 2021 /EINPresswire.com/ — “The 8th Automotive Electronics Innovation Forum(AEIF)” is held in Suzhou, China on July 15. In the exhibition, Vertexcom Technologies exhibits a high-speed power line communication chip that complied with the HomePlug® GreenPHY standard and the CCS electric vehicle charging system communication protocol, ISO15118-3. After the fierce competition, the product stands out from the 30 shortlists and wins the TOP 10 automotive chip innovation award. “AEIF” is held concurrently with the “China Integrated Circuit Design Innovation Conference and IC Application Expo (ICDIA)”. The conference invites more than 2,000 people from vehicles, Tier 1 automotive electronics, car networking, and IC design, Vertexcom products receive warm inquiries from the audience.Dr. Alex Chen, the senior vice president of Vertexcom Technologies states that Vertexcom GreenPHY SoC, MSE1021/MSE1022 is compliant with HomePlug® GreenPHY standard. GreenPHY has become the core of ISO15118-3 (DIN70121), the data communication standard for CCS systems. Every electric vehicle with fast DC charging will need an EVCC (Electric Vehicle Communication Controller) module supporting ISO15118, and every charging station, including household ones, that supports fast DC charging also needs an SECC (Supply Equipment Communication Controller) module. Vertexcom GreenPHY SoC MSE1021 and MSEX24 (line driver) can be used for SECC, while MSE1022 and MSEX25 can be used in the vehicle. The chip design meets the requirements of high throughput and low latency and is suitable for the high-speed power line communication (PLC) market, including automotive, industrial, and consumer applications.

Vertexcom GreenPHY SoC is compliant with AEC-Q100 grade 2 test and ASPICE level 1 evaluation and has achieved mass production. Dr. Alex Chen further points out that only AEC-Q100 grade 2 qualified chips can meet the requirements for most mission profiles. In addition, Vertexcom GreenPHY SoC has done reliability test with Tj up to 145°C, which would meet the most stringent requirements of OEM/ODM. Vertexcom GreenPHY also supports fast / turbo mode to provide bandwidth for innovative applications and is being used as a reference for the development of next-generation standards.

Dr. Alex Chen says that Vertexcom keeps the original R&D team of HomePlug technology, thus can provide customers with high-quality, direct, and effective technical support and service. Vertexcom also provides production tools to help customers to shorten their design-in process. Vertexcom GreenPHY SoC has been shipped to customers in Europe and Asia in volume, with the advantages of stable interoperability and high reliability of software and hardware.

At present, all countries actively implement carbon reduction policies. China declares to achieve carbon neutrality by 2060 and reach its peak in 2030. European Union raises its carbon emission target to 55%. At the end of March this year, US President Biden announced to invest $ 174 billion in the field of electric vehicles to promote the localization of the electric vehicle industry chain and increase the infrastructure construction of charging piles. At the climate summit in April, Biden announced that carbon emissions will be reduced by 50% to 52% in 2030. In addition, as battery technology evolves and costs continue to decline, electric vehicles will grow rapidly in the next 10 years. Vertexcom is willing to help the development of charging system for electric vehicles with more than ten years of R & D and application experience in Homeplug PLC products.

About Vertexcom Technologies
Vertexcom Technologies develops communication chips and networking software designs for long range, large scale, auto networks of IoT and smart grids. It provides low-cost Wi-SUN, Homeplug AV & GreenPHY, HPLC, G3-PLC, and integrated dual-mode communication solutions.
www.vertexcom.com

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p class=”contact c9″ dir=”auto”>Karvino LU
Vertexcom Technologies
+886 3 560 1431
[email protected]

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This post originally posted here The European Times News

9 children, 1 adult killed in Alabama accident involving Girls Ranch vehicle

Nine children and one adult were killed in an accident on Interstate 65 in Butler County, Alabama, on Saturday, according to Butler County Coroner Wayne Garlock.

Eight of the children killed, ranging in age from 4 to 17, were in a vehicle from the Tallapoosa County Girls Ranch, Garlock said. The youth ranch provides a home for neglected or abused school-age children, according to the Alabama Sheriffs Youth Ranches, the nonprofit that manages the Tallapoosa County girls ranch and others across the state.

A 29-year-old father and his 9-month-old daughter who were in another vehicle were also killed, Garlock said.

The accident happened on I-65 northbound at mile marker 138 on Saturday afternoon during storms that swept through the state, according to Garlock.

The driver of the small Girls Ranch bus was pulled from the burning vehicle, Garlock said, but rescue personnel were unable to reach the girls in time.

In the other vehicle, the father was pronounced dead at the scene Garlock said. The girl was taken to Regional Medical Center, where she was later pronounced dead. Garlock noted that she was properly restrained in a car seat, but said the impact was too powerful.

In a statement, Michael Smith, the CEO of the Alabama Sheriffs Youth Ranches, called the accident “a horrible tragedy and loss.”

“This morning, I have been thinking about how we do not always understand the reason things happen,” Smith said.

“However, we will continue to hold on to our God for peace and comfort as our hearts continue to break. Please continue to pray for us as we navigate this difficult time.”

The Alabama Law Enforcement Agency has asked members of the public who may have photos or videos of the accident to submit them to law enforcement.

Author: CNNWire

This post originally appeared on ABC13 RSS Feed

The Ford F-150 Lightning Is the Electric Vehicle of Dystopia

When Tesla CEO Elon Musk took to a stage in 2019 to unveil the company’s all-electric Cybertruck pickup, observers were shocked, and that’s putting it mildly. The look was, as one industrial designer told WIRED at the time, “anti-humanistic,” a ride devised, seemingly, for a Mad Max future. Despite his role as the mascot for zero-emission vehicles, Musk is not always sanguine about humanity’s future on Earth—hence all the Mars stuff—so the truck’s unorthodox design made some sense.

But the real EV of dystopia may be a new pickup. Ford on Wednesday unveiled the F-150 Lightning, a relatively inexpensive electric version of the most popular vehicle in America. Bill Ford, the company’s executive chairman, cast the event in historic terms, calling it “a watershed moment for our industry.” The 64-year-old executive got a bit reflective too. This truck, he said, “will fulfill our promise to our children and our grandchildren that our generation is committed to leaving them a cleaner planet.”

So it’s likely no accident that the vehicle’s first bit of marketing touches, however obliquely, on surviving a climate-changed Earth. It will be the first electric vehicle, the company says, to serve as a “battery on wheels.” Ford says the extended battery in the more expensive version of the electric F-150 will be able to power a blacked-out home for three days. Potential users will likely have to pay to install a home integration system, price to be determined. During the rollout event, CEO Jim Farley cited recent ice storms in Texas, which have been blamed in part on climate change and which stunted the state’s electric grid for five days, as a reason to pony up for the Lightning.

In this strange way, it may be the Lightning that’s more prepared for our slow, horrifying descent into climate chaos.

Experts have said for years that electrifying America’s vehicles will be a critical part of combating climate change. In the US, the transportation sector is the biggest source of greenhouse gas emissions, and the majority of those come from the tailpipes of passenger cars and trucks. For this reason, governments offer subsidies and tax credits to encourage people to buy electric vehicles. Still, the decisions come down to individual consumers. Will consumers want a battery on wheels?

Ford added some practical touches to broaden the appeal. The truck’s more expensive versions come with 11 AC outlets, a nice perk if you want to plug in power tools while on the road. The truck also has a remarkably spacious “frunk”—that is, front trunk, the space where an internal-combustion engine would go on a gas-powered vehicle—which drivers can use to store valuables they’re not comfortable leaving in the bed. Research conducted by the consulting firm BCG (and funded by Ford) found that, of the 17 million F-series trucks on US roads today, between one-quarter and one-third are used for commercial purposes. If this truck is going to be a success, its power-generating features will need to appeal to people who use it for work.

Pickups attract many types of drivers. It’s “a Swiss Army knife kind of vehicle,” says Gil Tal, who studies travel behavior at the UC Davis Institute of Transportation Studies. “Some people use it to go buy milk at a supermarket, some people take it on long off-road trips, and some people use it for work.” An electric pickup can’t be a pickup for everyone, he says, and more traditional buyers won’t necessarily cotton to a new technology right away. “This is a starting point,” he says.

Being able to pump 9.6 Kw of power into your home is what Costa Samaras, a professor who studies energy policy at Carnegie Mellon, calls “an add-on.” “It’s a luxury that someone might use once every two years,” he says. But the vehicle’s ability to power homes, as well as tools, might be the sort of feature that will attract even the previously EV-incurious, he says. Americans might not be interested in buying products for climate resilience per se. But demand for in-home generators in Texas has reached an all-time high since the February ice storms. People like to be prepared. That could be electric vehicles’—and Ford’s—gain.


More Great WIRED Stories

Author: Aarian Marshall
This post originally appeared on Business Latest

Elon Musk announces Tesla suspending vehicle purchases using Bitcoin – ‘We are concerned’

In the statement, Mr Musk added Tesla would not be “selling any Bitcoin and we intend to use it for transactions as soon as mining transitions to more sustainable energy”.

He also shared the company is “looking at other cryptocurrencies that us <1 percent of Bitcoin’s energy/transaction”.

Twitter users suggested Mr Musk’s comments caused the value of Bitcoin to drop.

According to crypto site Coindesk, the value of Bitcoin fell from $ 54,602.77 (£38,838.30) at 11pm to $ 52,466.99 (£37,319.15) just 15 minutes later.

It is unconfirmed whether Tesla’s statement caused the volatile digital currency to fall in value.

Author:
This post originally appeared on Daily Express :: Finance Feed

Missing mom Erica Hernandez's vehicle found submerged in Pearland pond

PEARLAND, Texas (KTRK) — Police investigating a vehicle with a body inside found submerged in a Pearland pond have pulled from the water an SUV that matches the description of the vehicle that belongs to a Houston mom who’s been missing for weeks.Erica Hernandez, a single mother to three children, has been the subject of an intense search since she vanished after leaving a friend’s home in southwest Houston on April 18.

Family said Hernandez left her friend’s home in the 6000 block of Benning Drive around 2:30 a.m. She reportedly sent a text around 3:04 a.m. stating she was “five minutes away from getting home.”

The vehicle was discovered Tuesday afternoon in the small body of water at Reflection Bay and N. Clear Lake, in Shadow Creek Ranch.

The Houston Police Department dive team assisted Pearland police in the recovery. Divers entered the water at about 5:30 p.m. Just moments before 7 p.m., the dark-colored SUV was brought to the surface of the water. Divers covered the vehicle with a tarp as it was towed onto the bank of the pond.Hernandez’s vehicle was described as a 2020 GMC Black Acadia with Texas plates MKJ 3303. The vehicle pulled from the water matched the make and model, as well as the license plate number.

Last week, the search for Hernandez took investigators to a Missouri City park. But the truck that sonar helped locate beneath the water there was not related to the missing woman’s case.SEE ALSO: Vehicle found underwater at Missouri City park is not tied to missing mom Erica Hernandez, HPD says

No information has been provided about the person found inside the vehicle. If authorities know how the body and vehicle came to be in the water, they have not yet given out that information.

Family members of Hernandez are on the scene of the investigation.

This is a developing story and will be updated as information warrants.

Follow Mayra Moreno on Facebook, Twitter and Instagram.

Copyright © 2021 KTRK-TV. All Rights Reserved.

Author: Mayra Moreno

This post originally appeared on ABC13 RSS Feed

HPD patrol vehicle involved in crash on the North Freeway

HOUSTON, Texas (KTRK) — A driver crashed into an HPD cruiser that was blocking traffic for a minor crash Saturday night on the North U.S. 59 Freeway, according to police.It happened around 9:45 p.m. on the inbound side of the Eastex Freeway.

Police said the driver crashed into the back of a patrol car, causing that vehicle to crash into a second patrol car. Both officers were outside of their vehicles at the time of the crash and were uninjured.The driver was taken to the hospital for minor injuries. She did not show signs of intoxication, according to HPD.

Copyright © 2021 KTRK-TV. All Rights Reserved.

Author: KTRK

This post originally appeared on ABC13 RSS Feed

2 Electric Vehicle Stocks Recently Downgraded by Goldman Sachs

Author: StockNews
This post originally appeared on Stock Market News

2 Electric Vehicle Stocks Recently Downgraded by Goldman Sachs© Reuters. 2 Electric Vehicle Stocks Recently Downgraded by Goldman Sachs

A semiconductor chip shortage and overvaluation concerns have been taking a toll on electric vehicle (EV) stocks of late. While the EV industry’s long-term prospects look bright, many companies in the sector with weak fundamentals are expected to continue retreating in the near term. Goldman Sachs (NYSE:) recently downgraded EV manufacturers Fisker (FSR) and Lordstown Motors (RIDE). So, let’s look at those names.Electric vehicle (EV) stocks saw an astonishing rally last year on investors’ exuberance over the industry’s huge growth prospects. Worldwide governmental initiatives to shift to zero-emission transport as part of the broader goal to build a sustainable energy-based future motivated investor to bet on EV stocks, in some cases irrespective of their fundamentals. In fact, the industry’s potential growth made has caused it to now be, arguably, overcrowded with new entrants.

Nevertheless, the optimism over the industry and the consequent rally in EV stocks pushed shares of most industry participants to valuations that often don’t justify their current fundamentals and growth prospects. Furthermore, a semiconductor shortage is causing operational disruptions at many established EV manufacturers. Investors also expect a dip in EV demand with an anticipated decline in prices in the coming quarters.

Consequently, many EV players that lack the fundamental strength to survive these headwinds are expected lose value. Goldman Sachs recently downgraded Fisker Inc (FSR) and Lordstown Motors Corp (RIDE). So, it could be wise to stay away from these stocks now.

Continue reading on StockNews

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Ford says chip shortage to halve second-quarter vehicle output, but could ease this summer

Author: Reuters
This post originally appeared on Stock Market News

Ford says chip shortage to halve second-quarter vehicle output, but could ease this summer© Reuters. FILE PHOTO: Ford Motor Co. CEO Jim Farley walks to speak at a news conference at the Rouge Complex in Dearborn, Michigan

By Ben Klayman and Paul Lienert

DETROIT (Reuters) – Ford Motor (NYSE:) Co on Wednesday said it expects a global semiconductor shortage could ease this summer but may not be fully resolved until 2022, as the automaker reported a strong first-quarter profit but said the shortage may slash second-quarter production by half.

Ford said the ongoing chip shortage would cost it about $ 2.5 billion and about 1.1 million units of lost production in 2021.

The No. 2 U.S. automaker handily beat Wall Street’s profit estimate for the quarter, earning 81 cents a share, compared with the consensus 21 cents, according to Refinitiv IBES data. In last year’s first quarter, the company lost 50 cents a share.

Ford shares were down 2.9% in after-hours trade on Wednesday.

Ford Chief Executive Jim Farley told analysts: “There are more whitewater moments ahead for us that we have to navigate. The semiconductor shortage and the impact to production will get worse before it gets better. In fact, we believe our second quarter will be the trough for this year.”

Chief Financial Officer John Lawler said Ford’s outlook was driven largely by a factory fire suffered by Japanese chipmaker Renesas. The flow of chips from Renesas is expected to be restored in July, but the global shortage of automotive semiconductors may not be fully resolved until next year, Lawler said.

Ford said its net income of $ 3.3 billion was the best since 2011, and adjusted pre-tax profit was a record $ 4.8 billion, including a $ 900 million non-cash gain on its investment in Rivian, the electric vehicle start-up. Ford lost $ 2.0 billion in the first quarter of 2020.

The company said the chip shortage will slash full-year earnings before interest and taxes to $ 5.5 billion-$ 6.5 billion.

In February, CFO Lawler said the company was on course to earn $ 8 billion to $ 9 billion in adjusted EBIT.

Revenue in the quarter increased to $ 36.2 billion, from $ 34.3 billion a year earlier.

Ford was able to offset some of the impact of lost production in this year’s quarter by boosting the average transaction price per vehicle sold to nearly $ 48,000, compared with just over $ 44,000 a year ago, according to research firm Edmunds.com.

Ford dealers were able to command higher prices because of chip-induced shortages of popular models, such as the best-selling F-150 pickup.

Lawler said Ford in the future may stick with leaner inventories of F-150 and other models “because it’s a better way to run our business.”

Overseas, Ford reported revenue in Europe up 13% to $ 7.1 billion, and $ 341 million in pre-tax profit, reversing a year-ago loss.

Revenue climbed 39% to $ 800 million in China, where Ford narrowed its loss to $ 15 million, compared with a loss of $ 241 million a year earlier.

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U.S. auto dealers are winners as chip shortage lifts vehicle profits

Author: Reuters
This post originally appeared on Stock Market News

U.S. auto dealers are winners as chip shortage lifts vehicle profits© Reuters. FILE PHOTO: Vehicles for sale are pictured on the lot at AutoNation Toyota dealership in Cerritos

By Ben Klayman and Ankit Ajmera

(Reuters) – Mike Bowsher shakes his head in wonder when he hears yet another customer at one of his Buick-GMC dealerships near Atlanta has agreed to pay full sticker price of more than $ 71,000 for a top-of-the-line GMC Yukon XL Denali SUV that is still being assembled at a General Motors (NYSE:) factory.

Customers know what Bowsher has arriving by scanning the online inventories of his six stores in the region, and they are often willing to wait more than a week and pay full price to get their desired vehicle.

“I’m selling about 150% of what I have on the ground,” Bowsher said. “We are selling stuff so far up in the pipeline that they’re putting money down on ‘in-process,’ which is in the plant.”

Automakers from GM to Ford Motor (NYSE:) and Toyota have cut production this year due to the global semiconductor chip shortage. While those automakers have been pinched, dealers are experiencing the best of times. Not only can they charge full price for the hottest-selling trucks and SUVs, but many also have reduced promotional spending and other costs required by full vehicle lots.

“I’ll take this till I’m six feet under,” Bowsher said. “Customers are coming in just saying, ‘I’ll take it, full sticker, get it ready.’ It’s nuts.”

This means record profits for car dealers.

AutoNation Inc (NYSE:) Executive Vice President Marc Cannon called it “Camelot,” comparing it to the legendary castle and court of King Arthur. He wondered whether this could turn into the new operating model in an industry where consumers in the past were conditioned to seek incentives and rebates that reduced vehicle prices by 10% or more.

Profits at AutoNation Inc, the largest U.S. dealer chain, almost tripled last week as gross profit per new vehicle soared 61% to more than $ 2,700 in the first quarter. Rival Lithia Motors (NYSE:) saw its profit per new vehicle jump 33% to $ 2,910 as its quarterly results trounced expectations.

The good times won’t likely end soon as many industry officials see the chip shortage lasting into 2022. Many dealers report thin vehicle supplies, in some cases as low as 15 days worth.

At his company’s Toyota store in Maine, Todd Skelton, chief executive of Prime Automotive Group, had 62 cars in mid-April, down from the typical 300 vehicles.

“We’re now beginning to see not only the depletion of what we had in stock, but nothing following behind it,” said Skelton, whose company has 32 stores in New York, New Jersey and New England across multiple brands.

One concern of Skelton’s is whether reduced supply will drag down overall profits despite higher margins.

And demand is not high for just new cars, as used-car prices are also rising, dealers said.

“If all of a sudden, I don’t have a lot of 2021 Santa Fe’s, I’m going to want as many 2019 and 2020 Santa Fe’s as I can find,” Andrew DiFeo, dealer principal at a Hyundai dealer in St. Augustine, Florida, said.

Not every dealer is ebullient.

Jim Seavitt, who owns a Ford dealer near the No. 2 U.S. automaker’s Dearborn, Michigan, headquarters, said dealers celebrating now could be hurt later if inventories continue to fall.

“They think it’s a light at the end of the tunnel, but it’s a freight train,” he said. “I’ve got 150 cars on the ground. I’ve got maybe 30 cars coming next week. I sell 225 a month. Why would I be rejoicing right now?”

How to detect odometer fraud on a vehicle

Nearly half a million cars a year are sold with tampered odometer readings, making them seem more valuable than they really are, and it’s becoming a huge problem in Texas.The Lone Star State ranks number two in the nation for vehicles with rolled back miles. Federal officials say this crime costs Americans across the country at least a billion dollars a year.

Carfax recently released a video that shows how easy it is for a mechanic to roll back a vehicle’s mileage.Using an electronic device that can be found on the internet, the car’s miles went from more than 260,000 miles to 85,000 miles.

This raised the value of a 2007 Chevy Silverado by more than $ 8,000.

SEE RELATED STORY: Don’t fall for this fake car title scam, Harris Co. Precinct 1 constable warns

In 2020 alone, it was estimated that more than 228,000 vehicles in Texas had tampered odometer readings.

The National Highway Transportation Safety Administration said this kind of odometer fraud is hard to detect, but there are ways consumers can protect themselves.Get the title before the sale and compare the mileage on the title to that of the odometer.

Then, look for the mileage written on oil change stickers on the windshield and vehicle inspection reports.

Wear and tear on the car’s tires, seats and gas and brake pedals are other good indicators of how much a car has really been used.

A copy of a vehicle’s history can also help you figure out if something is not right with a car that is advertised as having low mileage.

“What is alarming about it is just how quickly it can be done with a tool that costs a couple hundred dollars on the internet. So unfortunately we know there are conmen looking to make a quick buck out there. This is something, as a consumer, we have to protect ourselves and we should not be in this situation that we have to look out for, but we do,” said Emilie Voss of Carfax.Carfax has a free odometer check you can use on its website.

SEE RELATED STORY: Time change means it’s also time to check your car for recalls

Follow Jeff Ehling on Facebook, Twitter and Instagram.

Copyright © 2021 KTRK-TV. All Rights Reserved.

Jeff Ehling

This article originally appeared on ABC13 RSS Feed