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NHTSA, IIHS, and 20 automakers to make auto braking standard by 2022

The National Highway Traffic Safety Administration, the Insurance Institute for Highway Safety and virtually every automaker in the US domestic market have announced a pact to make automatic emergency braking standard by 2022. Here's the full rundown of companies involved: BMW, Fiat Chrysler Automobiles, Ford, General Motors, Honda, Hyundai, Jaguar Land Rover, Kia, Mazda, Mercedes-Benz, Mitsubishi, Nissan, Subaru, Tesla, Toyota, Volkswagen, and Volvo (not to mention the brands that fall under each automaker's respective umbrella). Like we reported yesterday, AEB will be as ubiquitous in the future as traction and stability control are today. But the thing to note here is that this is not a governmental mandate. It's truly an agreement between automakers and the government, a fact that NHTSA claims will lead to widespread adoption three years sooner than a formal rule. That fact in itself should prevent up to 28,000 crashes and 12,000 injuries. The agreement will come into effect in two waves. For the majority of vehicles on the road – those with gross vehicle weights below 8,500 pounds – AEB will need to be standard equipment by September 1, 2022. Vehicles between 8,501 and 10,000 pounds will have an extra three years to offer AEB. "It's an exciting time for vehicle safety. By proactively making emergency braking systems standard equipment on their vehicles, these 20 automakers will help prevent thousands of crashes and save lives," said Secretary of Transportation Anthony Foxx said in an official statement. "It's a win for safety and a win for consumers." Read on for the official press release from NHTSA. Related Video: U.S. DOT and IIHS announce historic commitment of 20 automakers to make automatic emergency braking standard on new vehicles McLEAN, Va. – The U.S. Department of Transportation's National Highway Traffic Safety Administration and the Insurance Institute for Highway Safety announced today a historic commitment by 20 automakers representing more than 99 percent of the U.S. auto market to make automatic emergency braking a standard feature on virtually all new cars no later than NHTSA's 2022 reporting year, which begins Sept 1, 2022. Automakers making the commitment are Audi, BMW, FCA US LLC, Ford, General Motors, Honda, Hyundai, Jaguar Land Rover, Kia, Maserati, Mazda, Mercedes-Benz, Mitsubishi Motors, Nissan, Porsche, Subaru, Tesla Motors Inc., Toyota, Volkswagen and Volvo Car USA.

Fisker to unveil its all-electric EMotion at CES in January

Back from the brink, electric carmaker Fisker says it will debut its EMotion sedan at the 2018 Consumer Electronics Show in Las Vegas in January. The EMotion is notable for several reasons, including its promised 400-plus miles of range, the ability to charge to 125 miles of range in just 9 minutes and its lidar autonomous technology. The car will also feature four butterfly doors and will be built with carbon fiber rims and a mixture of carbon fiber and aluminum in the body to save on weight. It's also the second go at building an EV for Fisker, which filed for Chapter 11 bankruptcy protection in 2013 after the Fisker Karma luxury plug-in hybrid fell flat. Fisker was sold in 2014 to Chinese auto supplier Wanxiang Group for about $149 million. And the EMotion can be yours for a cool $129,000. In fact, the company started taking pre-orders in June with a $2,000 deposit, even though the car won't come out until 2019. The EMotion is seen as a rival to Tesla, but CEO Henrik Fisker tells The Street he sees room for competition in the EV segment. "I don't think anyone is out to kill anybody," Fisker said. "Tesla doesn't really have a competitor. It doesn't look like one is going to emerge. I think it's time to move to a next level of this technology and I believe that we have come up with some real breakthroughs." Fisker also told The Street the company is simultaneously developing an affordable version of the EMotion, aimed to be priced around $34,000, that's due out in 2020. That's just a hair under the $35,000 base price of the Tesla Model 3. The veteran car designer first revealed the EMotion via Twitter in June. He told Autoblog recently that he's looking to buy an existing factory to build the car but hadn't yet chosen one, saying "We don't have to make a decision until the end of the year." The EMotion will be powered by two electric motors giving it all-wheel drive, lithium-ion battery packs sourced from LG Chem with a cooling system designed by Fisker that increases energy density. Related Video: Featured Gallery Fisker EMotion View 14 Photos News Source: The Street Celebrities Green Plants/Manufacturing CES Fisker Tesla Green Automakers Technology Emerging Technologies Autonomous Vehicles Electric Sedan Henrik Fisker

Tesla to earn $250 million from sales of California environmental credits

Tesla Motors is expected to release quarterly earnings figures within the next few days, and the Silicon Valley automaker is thought to have attained profitability for the first time ever. As it turns out, a good bit of that profit will reportedly come from the State of California.
According to an article from the LA Times, Tesla, which is reportedly on pace to sell 20,000 vehicles in 2013, receives as much as $35,000 in environmental credits from California for each Model S it sells. These credits can then be sold to other automakers that do business in the state but don't sell zero-emission vehicles of their own. Some experts believe Tesla could earn up to $250 million from such ZEV credits.
While profits from ZEV credits equals good news for Tesla, some experts and rival automakers aren't very pleased with California's strong-arm tactics when it comes to the sales of electric vehicles. "At the end of the day, other carmakers are subsidizing Tesla," said Thilo Koslowski, an analyst at Gartner Inc.