As the crypto world erupts, automakers have their hands tied with the chip shortage, and batteries take the main stage across the industrial complex. Meanwhile, General Motors recalls 69,000 Chevrolet Bolt vehicles, Ford is set to deliver the Mach-E in Norway and reveal the all-electric F-150 on this day.
But before all that, Tesla CEO Elon Musk reveals to the world on Saturday Night Live that he has Asperger’s syndrome, and then proceeds to announce the space mission DOGE-1, a SpaceX odyssey funded entirely by Dogecoin, which is nose diving in cryptocurrency as we go to press with the show’s announcement.
Last week on the MTC Show we talked about the combustion engine going to the wayside, and then the crazy car market where prices are soaring. See Bye bye combustion engine, high car prices, and why everyone wants to buy your car.
This week on the show we welcome Ori Blumenthal from VOOM to talk with us about how usage-based insurance is keeping pace with new mobility, and how industry insiders are reaching out to new customers amidst all the world’s confusion.
Aired Live in May 2021
Part I. Industry News
- SpaceX to send Dogecoin-funded satellite to the moon
- Ford begins MACH-E Deliveries in Norway
- Ford to reveal all-electric F-150 Lightning THIS MONTH
- GM partners with 7 charging networks ahead of EV push
- European Data Protection Guidelines for Connected Vehicles
Part II. Conversation with Ori Blumenthal, CTO and Co-Founder of VOOM
How usage-based insurance is keeping pace with new mobility
After spearheading projects from within Israel’s elite cyber programs, Ori co-founded VOOM to overcome challenges in emerging mobility, none greater than archaic and overcomplicated insurance policies loaded with steep fees.
VOOM covers third-party liability, property and personal accidents for whatever duration of time users ride, drive, or fly. Its telematics-based platform enables on-demand, flexible insurance policies for e-scooters, motorcycles, drones, small planes, and various motor vehicles.
The platform also gives real-time hazard warnings, feedback and actionable insights so that users can plan safer routes and lower their premiums.
Part III. Featured Panel Discussion
This week’s panel discussion features the Advanced Auto Retail and Consumer Experiences discussion groups.
These discussion groups are meant to give Auto Industry Professionals a chance to reflect on the business in a public forum and share their experiences and insights in a way that is informative and useful for auto shoppers and owners.
Our industry insiders will opine on this week’s news developments and current events and share with us any notable stories, developments, and initiatives they have in place for reaching and engaging customers for their dealerships.
If you are and industry ally and wish to learn more about these discussion groups and how you can participate in future discussions, follow this link to our website which provides information about different discussion groups we offer and how to get involved.
In the News…
Elon Musk may not have sent dogecoin’s price to the moon with his “Saturday Night Live” appearance, but his SpaceX will accept the cryptocurrency to fund a lunar mission next year.
Geometric Energy Corp. announced the “DOGE-1 Mission to the Moon,” the first-ever commercial lunar payload paid entirely with dogecoin. The company will team with SpaceX to send a 40-kg satellite to the moon on a Falcon 9 rocket in the first quarter of 2022.
Tom Ochinero, Space X’s vice president of commercial sales, added: “This mission will demonstrate the application of cryptocurrency beyond Earth orbit and set the foundation for interplanetary commerce. We’re excited to launch DOGE-1 to the Moon!”
The companies did not disclose how much the mission is costing.
“To the mooooonnn!!” SpaceX CEO Musk tweeted Sunday
Ford has begun customer deliveries of the all-electric Mustang Mach-E in Norway, which usually is one of the first European markets for new BEV models.
It’s been quite some time since the first demo units arrived in late 2020, but overall it was a really low number of cars (under 100 new registrations year-to-date).
A high number of Mach-E were already unloaded and it’s expected that several thousand cars will be delivered to the customer before the summer holidays.
Ford Motor Co. plans to reveal the all-electric F-150 Lightning on May 19 during an evening extravaganza that begins at 9:30 p.m. in a livestream event at Ford World Headquarters in Dearborn, the company announced at noon Monday.
The global event will be broadcast live with more than 30 ways to watch, including Facebook, YouTube, Twitter as well as sites in Times Square in New York City and Las Vegas Boulevard, Ford said in its English and Spanish news releases.
The vehicle will be built starting next spring by UAW members at the all-new Ford Rouge Electric Vehicle Center. Farley referred to the Ford Rouge Complex on Monday as “the cathedral of American manufacturing.”
GM revealed a four-part plan meant to handle all the steps of charging an electric vehicle, including finding a public charger and paying for the power, as the automaker seeks ways to attract customers to the 30 EVs it plans to launch by 2025.
The so-called Ultium Charge 360 plan — named after the underlying electric vehicle platform and batteries of its upcoming EVs — aims to handle the access, payment and customer service components of charging an electric vehicle at home and on the road.
Using their GM vehicle brand mobile app, EV drivers will be able to see real-time information, including location and whether a charger is being used, from nearly 60,000 charging plugs throughout the U.S. and Canada..
The first GM and EVgo sites are now live in Washington, California and Florida. GM said each site is capable of delivering up to 350 kilowatts and averages four chargers per site. GM and EVgo are on track to have about 500 fast-charging stalls live by the end of 2021, according to the automaker.
If you are a vehicle manufacturer or a tech provider in the mobility space, you have been anxiously awaiting the final guidelines on data protection and connected vehicles from the European Union regulator, the European Data Protection Board (EDPB).
The guidelines only apply to you if you are involved in the nonprofessional use of connected vehicles. If your focus is on delivery trucks, professional fleets, etc., you are out of the scope of this document.
If your service touches data collected by a connected vehicle, even if not directly linked to a name, but rather only to technical aspects and features of the car, you are still processing personal data and need to pay attention. This includes vehicle usage data, vehicle technical data and metadata (e.g., maintenance status).
A connected vehicle is a type of Internet of Things (IoT). As such, it is prone to the same information security concerns as IoT devices, but with potentially greater stakes due to a security breach, potentially endangering lives.