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Tuesday, January 3, 2023

CES DAY 1: Transforming tech on display in Las Vegas | Gaming and AI company Nvidia pushes deeper into automotive | Honda, Sony to unveil 'unconventional' EV | Cepton looking to showcase lidar

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Tuesday, January 03, 2023
A transforming market on display in Las Vegas

CES opens in Las Vegas

Electric vehicles, leaps in sensor technology, car connectivity and in-cabin gaming will head the automotive-related news coming out of the sprawling CES in Las Vegas this week.

Stellantis, which has trailed most rivals in the electric vehicle transition, will unveil its Ram 1500 Revolution battery-electric vehicle concept. Ram needs the pickup to stay competitive with the Ford F-150 Lightning — already on the market — and the Chevrolet Silverado EV, which goes into production this year.

Also at CES, BMW will showcase its Neue Klasse next-generation platform, which it expects to build vehicles upon starting in 2025.

The Ram 1500 Revolution illustrates how the electric vehicle market is transforming. A decade ago, it was a niche business dominated by Tesla and augmented by small-volume compact models such as the Nissan Leaf and the Chevrolet Volt plug-in hybrid. But now EVs have spread to giant vehicle categories including pickups.

Ford says it plans to produce about 150,000 electric pickups this year and that it is working on the next-generation model. Ram has not discussed pricing or production goals.

While many of the first EV pickup buyers are consumers looking for the latest and greatest from automakers, analysts see commercial users as core buyers. Commercial vehicles typically drive repeatable routes well within the range of EVs and return to a central depot where they can be easily charged.

One hitch is pricing. Some of the initial consumer versions of electric pickups, such as the GMC Hummer EV, have price tags that approach or top six figures. Ford has increased the price of the Lightning three times since the truck's launch, with the entry-level model rising to nearly $58,000 now, including shipping, from $40,000 initially.

Jerry Hirsch

Live blog

Follow the latest vehicle reveals, technology demonstrations and news developments from CES all week on the Automotive News live blog, which will be updated throughout the day as noteworthy developments occur.

What you need you know

Computer-gaming and AI company Nvidia pushes deeper into automotive: The tech titan announced an array of partnerships with automakers from around the world including Mercedes-Benz, Hyundai and Polestar.

Honda and Sony plan "unconventional" EV: The partnership, called Sony Honda Mobility Inc., will build the vehicles at Honda's planned EV manufacturing hub in Ohio. The partners are expected to unveil the vehicle Wednesday.

Madhur Behl

SHIFT PODCAST: Virginia’s Madhur Behl pushes the envelope in robot race cars (Episode 179)

The University of Virginia professor previews the upcoming Indy Autonomous Challenge at CES, discusses his work with the Cavalier Autonomous Racing team and explores how self-driving technology might migrate from racing to robotaxis.

Listen to the Podcast >

Roundup

Cepton's CES plan: Show investors lidar tech is ready for prime time.

CES provides a broad venue for parts suppliers to lay out their visions of the future.

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Former NFL standout finds parallels between football, auto retailing | Lithia Motors, Hendrick Automotive buy dealerships; Group 1 sells store | LMP Automotive under contract to sell 2 more stores

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Tuesday, January 03, 2023
Former NFL linebacker Peter Boulware opened his second store, in South Carolina, in 2021.
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Chevy, Ford, Mitsubishi and Buick-GMC dealerships sell in Q3, Q4 deals

 
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1155 Gratiot Ave., Detroit, MI 48207-2997 United States
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