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Jaguar Roars, GM Sells, and we are Filming More Than Cars
Manage episode 453457432 series 2988189
Welcome Michael Wood to the show to talk about the Jaguar vision reveal and it seems GM is backing off its battery building game. We are on the ground in St Augustine filming More Than Cars season 2 so follow us along on social media to see what we get into today.
Show Notes with links:
- Jaguar's latest concept car, the Type 00, was unveiled at Miami Art Week, showcasing a radical design departure for the iconic brand. The design cues will inform Jaguar's electric grand tourer slated for 2026.
- Features sharp, angular styling with a "strikethrough" design motif.
- The cabin is influenced by architecture, featuring brass bars and a stone seat plinth.
- "Totems" offer personalized experiences with lighting, scents, and soundscapes.
- Two striking color schemes: Satin Rhodon Rose and Inception Silver Blue.
- Marks the rebirth of Jaguar with a focus on sustainable luxury and bold aesthetics.
- GM will sell its stake in the $2.6 billion Ultium Cells battery plant in Lansing, Mich., to LG Energy Solution. The facility, nearly complete, will become wholly owned by LG and supply batteries to another automaker. GM expects to recover its full $1 billion investment in the plant.
- The site currently has around 100 employees and plans to scale to 1,700 when fully operational.
- GM CFO Paul Jacobson stated the move aligns with improving EV profitability and efficiency, emphasizing, “We believe we have the right cell and manufacturing capabilities in place to grow with the EV market in a capital efficient manner.”
- This sale does not affect GM’s stakes in other Ultium battery plants in Ohio, Tennessee, or its planned partnership with Samsung SDI in Indiana.
- GM and LG will continue to co-develop prismatic battery cells to reduce costs and improve energy density, alongside introducing more affordable lithium iron phosphate cells for North American EVs.
- LG Executive Wonjoon Suh noted the deepening collaboration, saying, “Together with GM, we’ve already made tremendous progress.”
Hosts: Paul J Daly and Kyle Mountsier
Get the Daily Push Back email at https://www.asotu.com/
JOIN the conversation on LinkedIn at: https://www.linkedin.com/company/asotu/
Read our most recent email at: https://www.asotu.com/media/push-back-email
918 episoder
Jaguar Roars, GM Sells, and we are Filming More Than Cars
The Automotive Troublemaker w/ Paul J Daly and Kyle Mountsier
Manage episode 453457432 series 2988189
Welcome Michael Wood to the show to talk about the Jaguar vision reveal and it seems GM is backing off its battery building game. We are on the ground in St Augustine filming More Than Cars season 2 so follow us along on social media to see what we get into today.
Show Notes with links:
- Jaguar's latest concept car, the Type 00, was unveiled at Miami Art Week, showcasing a radical design departure for the iconic brand. The design cues will inform Jaguar's electric grand tourer slated for 2026.
- Features sharp, angular styling with a "strikethrough" design motif.
- The cabin is influenced by architecture, featuring brass bars and a stone seat plinth.
- "Totems" offer personalized experiences with lighting, scents, and soundscapes.
- Two striking color schemes: Satin Rhodon Rose and Inception Silver Blue.
- Marks the rebirth of Jaguar with a focus on sustainable luxury and bold aesthetics.
- GM will sell its stake in the $2.6 billion Ultium Cells battery plant in Lansing, Mich., to LG Energy Solution. The facility, nearly complete, will become wholly owned by LG and supply batteries to another automaker. GM expects to recover its full $1 billion investment in the plant.
- The site currently has around 100 employees and plans to scale to 1,700 when fully operational.
- GM CFO Paul Jacobson stated the move aligns with improving EV profitability and efficiency, emphasizing, “We believe we have the right cell and manufacturing capabilities in place to grow with the EV market in a capital efficient manner.”
- This sale does not affect GM’s stakes in other Ultium battery plants in Ohio, Tennessee, or its planned partnership with Samsung SDI in Indiana.
- GM and LG will continue to co-develop prismatic battery cells to reduce costs and improve energy density, alongside introducing more affordable lithium iron phosphate cells for North American EVs.
- LG Executive Wonjoon Suh noted the deepening collaboration, saying, “Together with GM, we’ve already made tremendous progress.”
Hosts: Paul J Daly and Kyle Mountsier
Get the Daily Push Back email at https://www.asotu.com/
JOIN the conversation on LinkedIn at: https://www.linkedin.com/company/asotu/
Read our most recent email at: https://www.asotu.com/media/push-back-email
918 episoder
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