SUBSCRIBER SURGE ELECTRIC EVOLUTION
PRODUCTION PLUMMETS
Hyundai has extended its new subscription service from Spain to the UK , offering its electric and hybrid cars for an all-inclusive monthly payment .
Mocean Subscription includes insurance , roadside assistance , road tax , and maintenance and repairs at authorised Hyundai dealers . Subscriptions are available from three to 24 months , and customers are free to cancel their subscriptions without penalty after just a onemonth notice period . Mocean also allows drivers to change their cars every six months .
Hyundai said Mocean Subscription represents a key milestone in its strategy to develop into a Smart Mobility Solution Provider by 2025 .
“ Following Mocean Subscription service ’ s success in Spain , this marks Hyundai ’ s journey from a car manufacturer to Mobility-as-a- Service ( MaaS ) provider , identifying innovative ways to enrich our customers ’ lives ,” VP of Sales and Service Group at Hyundai Motor Europe Ulrich Mechau said .
Alfa Romeo is set to go all-electric by 2027 , as part of a wider plan from the Stellantis Group to move towards a zero-emissions future .
Alfa ’ s first electrified model is listed as launching in 2022 . It had been originally expected in 2021 , but was delayed to improve its performance .
During a recent presentation earlier this month to announce its first-half financial results for 2021 , Stellantis chief Carlos Tavares said the company was “ on a very strong electrification journey ”.
“ Alfa will electrify in 2027 ,” he said . “ We are now racing . We are now executing our plans ”
Stellantis is also set to have at least four other international brands — Fiat , Opel , DS and Lancia — scheduled to make the switch to EVs before the end of the decade .
Toyota will cut vehicle production by 40 per cent in coming months , due to the ongoing shortage of semiconductors .
A resurgence in COVID-19 cases has disrupted parts supplies and production at car companies across Japan and other nearby regions .
“ Due to COVID-19 and unexpected events with our supply chain , Toyota is experiencing additional shortages that will affect production at most of our North American plants ,” the company said in a statement earlier this month .
“ While the situation remains fluid and complex , our manufacturing and supply chain teams have worked diligently to develop countermeasures to minimize the impact on production .”
Toyota did have initial success in navigating the chip shortage better than rivals due to its larger stockpile of chips however it is believed that pile is fast running out .
38 ISSUE 30 AUGUST 2021 / WWW . AFMA . ORG . AU