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| Hey Insiders — Today we're bringing you the latest on Stellantis' battery manufacturing plants and 50 U.K. organizations requesting regulatory clarity on e-scooters. Scroll down for the latest transportation leadership changes. Let us know which areas you would like us to cover next. Thanks for reading! Nicolas p/mobilitynerd | |
| 1 | | Stellantis and Samsung announced they are seeking to build a second battery manufacturing plant in the U.S., with an initial capacity of 34 GWh. The automaker calculates it would need 400 GWh in annual output capacity to meet its EV goals. More: - The companies did not disclose the location of the second planned facility; however, reports have speculated it would be built in Ontario or the U.S. Midwest.
- The automaker is seeking to reach carbon neutrality by 2038.
- Stellantis' target involves selling exclusively BEVs in Europe and a 50% mix in the U.S. by 2030.
- Samsung is also planning a 30 GWh factory in collaboration with General Motors, with a production start aimed at 2026.
- $STLA closed up 0.98% for the day, and 11.51% MoM, on Monday.
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| 2 | | A group of 50 organizations is urging U.K. Prime Minister Rishi Sunak to establish a firm date for regulatory clarity involving electric scooters. Lime, Beryl, Dott, and Tier are among the operators requesting a firm commitment. More: - Currently, e-scooters are only allowed to operate within the trial programs in 23 localities in England.
- The letter, signed by the Northamptonshire Police, Campaign for Better Transport, and the Transport Action Network, was sent to the Cabinet Office, the Transport Minister, and the Transport Secretary.
- "We welcomed the fact that the Government has previously put such a commitment into the Queen's Speech, but we deplore the fact that we still have not had legislation to create a new powered light vehicle class. This means the UK is now seriously lagging behind neighbouring and comparable countries," said Richard Dilks, CEO of CoMoUK.
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| 3 | | Jaguar Land Rover confirmed Adrian Mardell will permanently take the position of CEO after performing the role on an interim basis following the resignation of Thierry Bolloré in November 2022. The company also confirmed that Richard Molyneux, who had been interim CFO since December, will permanently succeed Mardell in that role. Electric Power Systems, Hyundai, and General Motors also experienced leadership changes. Hires: - General Motors hired Norm de Greve as chief marketing officer. The executive previously held the CMO role at CVS.
- Hyundai hired Jim Park to lead the hydrogen strategy for North America. Park was previously part of the leadership teams at Harman-Samsung and Chrysler.
- Aviation powertrains developer Electric Power Systems hired Andre Robert as vice president of program management, leading execution for aerospace and defense applications.
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| 4 | | SkyDrive, a Japanese eVTOL developer, received a pre-order of up to 100 aircraft from conglomerate CT Group's UAV subsidiary in Vietnam. This constitutes SkyDrive's second Vietnam order for the three-seater eVTOL, as the manufacturer signed a memorandum of understanding to provide up to 100 aircraft to Pacific Group Co. More: - CT and SkyDrive plan to analyze routes, vertiports, and network planning considerations.
- "We recognize the importance of leveraging its accumulated expertise and technological capabilities in infrastructure development, as well as the development of cutting-edge technologies such as drones and AI," said Tran Kim Chung, CT Group president.
- Last week, SkyDrive received a pre-order from Austin Aviation for up to five eVTOLs, as the Lowcountry Aviation subsidiary plans commercial operations out of its home base of Beaufort, South Carolina.
- SkyDrive is seeking regulatory approval for its eVTOLs from the JCAB in Japan and the FAA in the U.S.
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| 5 | | Toyota confirmed its plans to build a lunar rover powered by regenerative fuel cells. The automaker has been working on the Lunar Cruiser with JAXA, aiming at having the vehicle on the moon by 2029. More: - Toyota plans for the vehicle to be powered by creating hydrogen from solar energy and water during the daylight hours so that the rover would operate at night.
- The plan is for the vehicle to operate through a lunar night, which lasts 14 Earth days, through the dark and extreme cold.
- Toyota plans for the rover to have an initial lifespan of 10 years, with further operations depending on companies being able to supply water to produce hydrogen.
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| 6 | | Kodiak Robotics began testing software that would enable middle-mile self-driving trucks to bypass weight inspections. Along with connected truck services company Drivewyze, Kodiak has conducted 200 bypass tests in Texas. More: - The Enhanced CMV Inspection Program for ADS-equipped trucks details that self-driving trucks require a point-of-origin inspection, which takes ~40 minutes, twice the duration of a human-operated truck.
- Under the new rules, CVSA-certified inspectors could only pull over an autonomous truck if they see an immediate hazard or for a post-crash investigation.
- "Enhanced CMV inspections will raise the bar for road safety while giving law enforcement increased transparency into autonomous truck operations," said Ariel Wolf, general counsel for the Autonomous Vehicle Industry Association.
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Term of the Day Assessed value: The assessed value is an official estimate of a property's worth that is used to determine the appropriate tax rate for the property. Read More Question of the Week What's your stance on unpaid internships: valuable experience or exploitation? Join the conversation |
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| Sr. Analyst | | Nicolas S. is a Sr. Analyst at Inside, covering transportation and startup trends. He is an avid map maker and data nerd. Nicolas has worked in the shared-scooter space, as well as advised e-bike and moped startups. Follow him at @MobilityNerd. | | This newsletter was edited by Christopher Hachey | |
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