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Masuko to step down as Mitsubishi Motors CEO, Kato to succeed him

TOKYO — Mitsubishi Motors Corp said on Friday that Osamu Masuko will step down as its chief executive on June 21 and be replaced by Takao Kato, who is president of its operations in Indonesia. Masuko will retain his role as chairman of the board, Mitsubishi Motors said in a statement, adding that Masuko and Kato will hold a press conference on May 20 to discuss the changes. Japan's sixth-largest automaker, in which Nissan Motor Co holds a controlling stake, said this month it expects profit to fall to 90.0 billion yen ($821 million) in the year to March as it navigates slowing demand for cars, global trade frictions and the need to develop new technologies. Mitsubishi's partners Nissan and France's Renault are meanwhile grappling with the fallout from the arrest of Carlos Ghosn, the group's former chairman, who is facing charges of financial misconduct in Japan. Ghosn has denied all charges against him. Reporting by Stanley White.

2021 Mitsubishi Outlander PHEV Road Test Review | Improved but falling behind

You can’t tell by looking at it, but the 2021 Mitsubishi Outlander PHEV is a thoroughly upgraded version of the plug-in crossover that initially debuted in the United States for the 2018 model year. Yes, despite the fact that there is a completely new, from-the-ground-up version of the gas-only Outlander for 2022, the previous generation soldiers on in its plug-in hybrid form for at least the next couple of model years as the engineering team puts the finishing touches on an edition based on the new platform. Still, thereÂ’s a lot of new bits and pieces under the skin that make this a better and more useful electrified SUV than before. A new 2.4-liter four-cylinder engine replaces the previous 2.0-liter, bumping power to 126 horsepower and 148 pound-feet of torque. It join forces with upgraded electric motors to send as much as 221 hp to all four wheels. That's a 31-horsepower increase over the old Outlander PHEV.  Most of the time, the gasoline engine sends its power to the battery pack, leaving motive force to come from the two electric motors. Up front is a motor that delivers 60 kilowatts (around 80 hp) and 101 lb-ft; at the rear is a second motor that spins out 70 kilowatts (94 hp) and 144 lb-ft. That rear motor is up 10 kilowatts over the old version, which is significant. Electric range is boosted from 22 to 24 miles thanks to a 13.8-kWh battery in place of the old 12-kWh pack. These powertrain enhancements make the 2021 Outlander PHEV feel quicker around town than the old one while simultaneously improving its efficiency. Win/win. There are Eco, Save, Charge, Normal, and Sport driving modes, and they all make sense with the possible exception of Sport, since this is very much not a sporty sport utility vehicle. Save mode preserves the battery packÂ’s current state of charge in case you want to choose when to unleash your electrons (stop-and-go city driving after a lengthy highway commute, for instance), and Charge mode keeps the engine running to top off the battery pack while the vehicle is driven. We mostly left the vehicle in Normal mode and let it choose how to dole out the power. The overlying theme of the 2021 Outlander PHEV is one of peace and serenity. ItÂ’s quiet inside, and the electric motors provide a smooth driving experience with softish initial power that gains steam as the vehicle gets to normal around-town speeds. There arenÂ’t any gear changes, so the powertrain always feels smooth.

Uber promises 100% electric cars by 2040, commits $800 million to help drivers switch

Uber Technologies Inc on Tuesday said every vehicle on its global ride-hailing platform will be electric by 2040, and it vowed to contribute $800 million through 2025 to help drivers switch to battery-powered vehicles, including discounts for vehicles bought or leased from partner automakers. Uber said that vehicles on its rides platform in the United States, Canada and Europe will be zero-emission by 2030, taking advantage of the regulatory support and advanced infrastructure in those regions. Uber, which as of early February said it had 5 million drivers worldwide, said it formed partnerships with General Motors and the Renault-Nissan-Mitsubishi alliance. In addition to the vehicle discounts, Uber said the $800 million includes discounts for charging and a fare surcharge for electric and hybrid vehicles, the cost of which would be partially offset by an additional small fee charged to customers who request a "green trip." The deals with GM and the Renault alliance focus on the U.S., Canada and Europe. Uber said it was discussing partnerships with other automakers. Uber's plan follows years of criticism by environmental groups and city officials over the pollution and congestion caused by ride-hail vehicles and calls for fleet electrification. Lyft Inc, Uber's smaller U.S. rival, in June promised to switch to 100% electric vehicles by 2030, but said it would not provide direct financial support to drivers. Uber said its goal is to reduce the overall cost of ownership for electric vehicles, which are currently more expensive than gasoline cars. The company also released data on its emission footprint and said it would publish reports going forward. Before the pandemic, electric cars accounted for only 0.15% of all U.S. and Canadian Uber trip miles — roughly in line with average U.S. electric car ownership. At around 12%, the share of plug-in hybrid and hybrid cars was roughly five times as high as the U.S. average. Ride-hail trips overall account for less than 0.6% of transportation-sector emissions, according to U.S. data, but the total number of on-demand vehicles has significantly increased since Uber's launch nearly a decade ago, with 7 billion trips last year, according to Uber's February investor presentation. Uber said its U.S. and Canadian trips with a passenger produce 41% more carbon dioxide per mile than an average private car once miles spent cruising between passengers are included. Uber's plans could be a boon to the auto industry.