Top 5 Electric Vehicle News Stories of Week 2 2018

Top 5 Electric Vehicle News Stories of Week 2 2018

best ev

EV-Buyers-Guide

EV mobile app

chinese ev models

TOP EV NEWS #1 – CHINESE EV SALES FOR 2017

National auto data for December released this week by China showed that EV sales in the country rose a staggering 11 consecutive periods of which the last six months were records, each eclipsing the month prior. Total figures for 2017 shows that the country produced 794,000 new energy vehicles (up 53.8%) and sold 777,000 units (up 53.3%). New energy vehicles now constitute 2.7% of the national fleet for the year, an increase of 50% on the 1.8% in 2016. Passenger EVs grew from 1.4% of the national fleet in 2016 to 2.38% in 2017. Of the total amount of EVs produced 478,000 (up 81.7%) were pure electric and 114,000 (40.3%) were plug-in hybrid vehicles. Sales for pure electric cars amounted to 458,000 (up 82.1%) and for that of PHEV 111,000 (up39.4%).

China-ev-sales-graph 2017

According to Reuters a forecast from the China Association of Automobile Manufacturers on Thursday predicted that EV sales would grow 40% on that of 2017, bringing forecasted total sales for 2018 to 1 million vehicles. Manufacturers such as FAW, BAIC, and BYD came out this week with their plans for 2018. BYD targets to sell 200,000 EVs in 2018 while BAIC will build on its success of 2017 by bringing five pure electric models to market. Read our full report on BAIC unseating Renault in the Top 3 EV companies and its 2018 plans hereFAW the state-owned automaker announced that it would develop 15 EV models through its Hongqi luxury brand by 2025 starting with its first model in 2018 in a bid to revive the ailing brand. The company hopes that by focusing on EVs that it could increase Honqi’s sales from the current ca 5,000 units to 100,000 in 2020 and 300,000 in 2025. EV models from 2020 onwards will be developed on a new drivetrain with a range of 373 miles (600km) and assembled in Changchun.

TOP EV NEWS #2 – NISSAN CONSIDERING EV PRODUCTION IN INDIA

According to the Times of India Nissan is engaging with the Indian Government to support the company in bringing a mass-produced and affordable EV to market which could also be exported to other countries in the region. Nissan’s Global Director for EVs, Nicholas Thomas, told the Times that the car should be in the region of Rs 7 lakh ($10,000), making it cheaper than the Indian produced Mahindra e20, previously also sold in the UK. Mr. Thomas gave no timeline on such a project and commented that it would depend on the development of the Indian EV market and the affordability of batteries in the country. Although the Indian Government aspires to be 100% in electric by 2030, it is yet to present a clear plan on how this will be achieved. Nissan’s EV strategy is to develop 12 EV models by 2022 for the international market.

In related news, Nissan announced that orders for the new Nissan eNV200 MPV or 7-seater eNV200 Evalia are now open. The limited edition 40kWh Nissan eNV200 with an expected range of 280km (175 miles) will be available in Italy, Belgium, Germany, Austria, and Switzerland from the second quarter of 2018.

TOP EV NEWS #3 – HYUNDAI BATTERY PRICE PREDICTIONS

In December 2017 Hyundai Senior VP Lee King was quoted by Reuters that the Group sees the end of the sharp drop in prices of lithium batteries by 2020 after which it expects prices to flatten off. According to Reuters Mr. King said at the time: “Not a single ingredient is going in a positive direction in terms of pricing, so far battery prices have been declining at a rapid pace, but the pace will moderate significantly or maintain the status quo by 2020.”

This week at the CES 2018 Mr. King was quoted by Reuters making the same remarks at the launch of its new Nexo FCEV. Although Hyundai and its sister company KIA acknowledges the need to go green, they see a much smaller role for electric vehicles pushing hydrogen-based vehicles along with Japanese carmaker Toyota and FIAT Chrysler. Hyundai KIA is launching EVs on its new platform this year and plans to roll out EVs powered by solid-state batteries from 2020.

 

TOP EV NEWS #4 – CES 2018 WRAP-UP

Last week I featured some of the teasers ahead of the CES 2018. You can now view the unveiled images and specifications on each of the dedicated pages on wattEV2 buy for the XPENG G3, Fisker eMotion, Byton Concept, KIA Niro BEV Concept, and Hyundai Nexo FCEV SUV by following the associated links.

Panasonic showcased mockups of a platform for EV bikes and micro-cars it developed at its booth at the CES 2018. The platform which offers an energy-efficient, a safe powertrain that features integrated compactness, high efficiency and flexible scalability includes a power unit (with an onboard charger, junction box, inverter and DC-to-DC converter) and a motor unit.

Top 5 Electric Vehicle News Stories of Week 2 2018

TOP EV NEWS #5 – AUTONOMOUS NEWS FROM PAST WEEK

Nissan and Nasa are extending their five-year research co-operation partnership to develop a working demonstration of SAM (Nissan Seamless Autonomous Mobility) by 2019. First introduced at the CES 2017 Nissan developed SAM from NASA technology used to managing interplanetary rovers as they move around unpredictable landscapes. SAM is used to managing autonomous transportation services. According to Nissan “SAM represents a major milestone in Nissan Intelligent Integration, providing the infrastructure to safely and seamlessly integrate autonomous mobility services into existing urban environments.”

The world’s largest supplier of semiconductors to the auto industry, NXP, launched its Automated Drive Kit at the CES 2018. The NXP Automated Drive Kit allows for the open, fast and flexible development of Level 3 self-driving systems and will expand to higher levels of autonomy in time. The Drive Kit is a software-enabled platform that enables carmakers and suppliers to develop, test and deploy autonomous algorithms and applications quickly on an open and flexible platform with an expanding ecosystem of partners. According to a press release by the NXP:

“The first release of the Automated Drive Kit will include a front vision system based on NXP’s S32V234 processor, allowing customers to deploy their algorithms of choice. The Kit also includes front camera application software APIs and Object Detection Algorithms provided by Neusoft; a leading IT solutions and services provider in China and a strategic ADAS and AD partner to NXP. Additionally, the Kit includes sophisticated radar options and GPS positioning technology. Customers choose from various LiDAR options and can add LiDAR Object Processing (LOP) modular software from AutonomouStuff, which provides ground segmentation and object tracking.”

Top 5 Electric Vehicle News Stories of Week 2 2018

LATEST IN DEPTH COUNTRY EV SALES REPORTS AVAILABLE IN OUR SHOP

No Results Found

The page you requested could not be found. Try refining your search, or use the navigation above to locate the post.

wattev2buy mobile app

Top 5 Electric Vehicle News Stories of Week 1 2018

Top 5 Electric Vehicle News Stories of Week 1 2018

best ev

EV-Buyers-Guide

EV mobile app

chinese ev models

TOP EV NEWS #1 – CES TEASERS

The Consumer Electronics Show, which in recent years have been used by carmakers to present their latest technology as the lines between the two sectors fades. Some autonomous and electric cars are expected to be unveiled at this years CES in Las Vegas. The 2018 CES opens today, Sunday the 7th of January, and runs to Friday the 12th of January.

Byton, the EV brand launched by Chinese social media giant Tencent in September will unveil its crossover EV on the first day of the CES. Byton recently opened offices in Silicon Valley with the intention to also sell its vehicles in the USA. Byton CEO and co-founder, Carsten Breitfield, was responsible for the development of the BMW i8. Byton’s strategy is to produce Smart Intuitive Vehicles by marrying German design, technologies from Silicon Valley with low-cost Chinese manufacturing. The Byton Crossover will showcase the company’s vision to redesign the cockpit to deliver an autonomous and personalized digital experience which it labels as the iPhone on wheels.

The Alibaba backed XPENG Motors will present the XPENG Identity X to the US market. The XPENG Identity X is an “internet car” or ‘connected-car” and is already delivering its first 1,000 units built at Haima‘s plant according to a corporation agreement entered into between the companies to help XPENG bridge the gap to the opening of its 50,000 unit plant in 2019.

Fisker Inc will unveil its production-ready Fisker eMotion which it intends to bring to market in 2019. Henry Fisker, one of the fathers of the modern day electric vehicle teased some images this week of the eMotion to be showcased at this years CES. Fisker Inc will also present its solid state battery technology which it says will revolutionize electric cars.fikser-emotion-week-1-2018-top-5-ev-news

Hyundai will name and unveil its next-generation hydrogen-powered fuel cell electric vehicle equipped with new Advanced Driver Assistance System (ADAS) technologies.

Hyundai next-generation fuel cell model CES2018

KIA will unveil its EV Concept this week which will showcase its new efficient electric drivetrain and motion graphic lighting system. The Korean automaker teased the following images of the electric concept.

KIA-top-5-ev-news-week-1-2018

Let’s hope that the EVs showcased at the 2018 CES does not flop like Faraday Future which had a disastrous launch of the FF91 at the 2017 CES. While on the subject, Faraday Futures founder, Jia Yueting, has been blacklisted in China and requested to come home to face his creditors. Jia Yueting, however, announced that he would stay in the USA to complete a billion dollar financing round to save the company. Based on past experiences it difficult to believe his claims though.

TOP EV NEWS #2 – CROWDFUNDING FOR $10,000 EV

Electric Bicycle company, Sondors, presented its prototype electric car which was built through a crowdfunding initiative. The Model Sondors EV is a three-wheel electric car with a starting price of just over $10,000. Sondors is now busy with its second round fundraising to develop a production-spec car by taking pre-order reservations for $100. Sondors aims to bring the car to market by 2019 and will join other brands such as Morgan, Electra Meccanica and Shockwave producing three-wheelers.

Sondors-three-wheel-elctric-car-Top-5-EV-News

TOP EV NEWS #3 – EX TESLA EXEC JVs WITH VW AND HYUNDAI

Aurora, an autonomous vehicle technology company founded by ex-Tesla executive responsible for the Autopilot program, Sterling Anderson, announced two strategic partnerships this week. Aurora entered into agreements with VW and Hyundai.

Hyundai and Aurora aim to develop Level 4 autonomous cars by 2021. The cars will be custom made by Hyundai for use in smart cities and will use Hyundai’s new-generation fuel-cell vehicle shown above as the first test model for the joint project.

VW and Aurora announced its partnership at the CES 2018. The partnership will provide best-in-class expertise and experience bringing self-driving cars quickly, broadly and safely. Aurora is to support the Volkswagen Group to make their vision of the future ‘Mobility for all, at the push of a button’ become reality. The VW Self-driving System strategy according to VW Chief Digital Officer Johann Jungwirth:

“Our vision is ‘Mobility for all, at the push of a button’. This means that we want to offer mobility for all people around the world. Mobility also for children, elderly, sick and visually impaired people, really for all. ‘At the push of a button’ stands for simplicity and the easiness of use. In the future people can of course use our mobility app or digital virtual assistant to hail a self-driving electric vehicle to drive them conveniently door-to-door, or use our Volkswagen OneButton which has GPS, connectivity and a compass, as a small beautiful key fob with maximum convenience. Working with Aurora, leading self-driving system company, will give us a giant leap forward in our mission to become the world’s leading provider of sustainable mobility, with self-driving vehicles. Our aim is to create new Mobility-as-a-Service (MaaS) solutions which customers will be really passionate about because they have been tailored to the human with highest safety standards, best-in-class user experience and digital intelligence. For me this is the reinvention of mobility and the automobile.”

TOP EV NEWS #4 – EV SUBSIDIES AND STANDARDS

The Chinese Government announced that it would extend the tax rebate for pure electric and plug-in hybrid vehicles set to expire at the end of 2017 to 31 December 2020. In a related move the Government also punished carmakers for not meeting fuel economy targets by suspending production on 553 passenger vehicles from the 1st of January 2018. The Chinese Governments war on pollution is paying dividends already with Beijing recording the lowest air pollution data in 2017 compared to the previous three years.

The French Government suspended rebates for plug-in electric vehicles from the start of 2018. Pure electric passenger cars and light delivery vehicles will still qualify for the €6,000 rebate and a scrapping bonus of €2,500 when replacing a combustion vehicle with an EV.

South Korea officially adopted the widely used CCS (Combo 1) fast charging standard in favor of the CHAdeMO standard used by some carmakers such as Nissan and Renault.

TOP EV NEWS #5 – NIO AND GAC ENTERS INTO JV

One of the more successful EV start-ups of late, NIO and Chinese Automaker, GAC, entered into an agreement to establish a new EV start-up. The company initially named GAC NIO New Energy Vehicle Co., Ltd. will include R&D, sales, and services related to intelligent and connected new energy vehicles. Total planned investment of the company is RMB 1.28 billion with a registered capital of RMB 500 million, of which NIO, Guangzhou Automobile Group Co., Ltd. will account for 55% and 45% of ownership, respectively.

top 5 ev news week 1 2018

In related news, four more companies joined the Toyota/Mazda/Denso JV, EV C.A. Spirit Co. Suzuki Motor Corp., Subaru Corp., Daihatsu Motor Co. and Hino Motors Ltd. will each contribute engineers to the project but not take any equity in the company.

LATEST IN DEPTH COUNTRY EV SALES REPORTS AVAILABLE IN OUR SHOP

No Results Found

The page you requested could not be found. Try refining your search, or use the navigation above to locate the post.

wattev2buy mobile app