Top 5 Electric Vehicle News Stories Week 11 2017

Top 5 Electric Vehicle News Stories Week 11 2017

ONE

Detractors of EV startups might claim press releases for intentional models potentially available two to three years down the line, such as the FF91, Lucid Air and lately the NIO EVE, means nothing until they are brought to production. But hell man, isn’t it just inspirational to see these companies trying to push the envelope of imagination, technology, risk financing and the stale products beautified by big auto’s marketing departments? It makes the heart swell and brings tears to your eyes (at least mine). This week at its world premiere event at the SXSW event Top 5 Electric Vehicle News Stories Week 11 2017in Austin Texas NextEV unveiled its vision for its Level 4 Automated NIO EVE for the USA market in 2020. The brain and heart behind the NIO EVE are Nomi, the driver companion through autonomy and artificial intelligence. NIO USA partnered with Mobileye, NVIDIA, and NXP to bring its vision to life.

Along with the release of the NIO EVE, U.S. CEO Padmasree Warrior showed a video of the NIO EP9 completing the first historical feat of racing around the America‘s Track in Austin Texas without a driver, reaching a top speed of 160mph. The vehicle also broke a lap record with a driver.

The release was not without its controversy as competitor; Faraday Future claims the design stole from its own FF91 released at the CES 2017 in Las Vegas earlier the year.

TWO

Lucid Motors this week placed a shot across the bow of luxury automakers such as Volvo, Audi, Mercedes, BMW and even Tesla by announcing the pricing for the Lucid Air. The San-Francisco based startup introduced a starting price for the base model at $60,000 before Federal and State incentives. Read wattEV2Buy’s blog post on the press release to see what is included in the competitive pricing.

THREE

President Donald Trump may be a good thing for electric vehicles. In the same week as the President acted to review the emission standards set by the EPA on automakers, as a sign of defiance as much as 30 US cities jointly asked automakers indications on providing 114,000 electric vehicles. Bloomberg reported that the move, coordinated by Los Angeles mayor, Eric Garcetti, requested vehicles which included police cars, street sweepers, and trash haulers to prove the demand for EV’s. The move by President Trump was part an election promise and part a request by Big Auto to slow the march of electric vehicles which caught them unawares. Big Auto in a letter to President Trump, claimed the demand for electric vehicles were not sufficient enough to justify the EPA emission standard. It has become a national past time to defy the new President. wattEV2Buy first reported on the attack on electric vehicles in a blog post, called controversial by some, on the 1st of March.

FOUR

Intel acquired the Israeli autopilot company, Mobileye for an incredible $15.3 billion. Mobileye partnered with Tesla on its first generation Autopilot but had a very public fallout round about the time of the first fatal crash in a Tesla Model S using Autopilot. At the time the CEO of Mobileye criticized Elon Musk for being too aggressive with the implementation of autonomous systems.

FIVE

Tesla retires its Model S P60 while the company raises $1.4billion to fund the manufacturing of the Model 3. Tesla announced this week that it would retire the 60kWh battery and upgrade all existing orders to the 75kWh model. Filings with the SEC showed the capital raising for the Tesla Model 3 was done through a stock sale for $350 million at a price of $262 per share. The balance of $850 million was raised through the issue of convertible notes.

Top 5 Electric Vehicle News Stories Week 49 2016

Top 5 Electric Vehicle News Stories Week 49 2016

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#1 – FARADAY FUTURE TEASES AHEAD OF CES 2017

Faraday Future revealed several teasers of its Electric Vehicle in anticipation of its launch during the Computer and Electronics Show in Las Vegas early next year. The teasers posted on Instagram included darkened images of the rear and front of the vehicle, leaving much to the imagination. The teasers also included video’s of the masked vehicle in motion and racing a Bentley and Tesla. The company is keeping up appearances despite recent reports that cash flow issues are hampering the construction of its Las Vegas assembly plant.

#2 – Lucid Motors partners with Samsung SDI on battery tech

Lucid Motors, the newly branded automaker from Silicon Valley, previously know as Atieva, and Samsung SDI entered into a strategic partnership on creating a next generation lithium-ion battery cell, focussing on improving the energy density and lifespan associated with damage caused by fast charging. Lucid’s Director of Battery Technology, Dr. Alber Lui said: “I have been very pleased with the results of the collaboration with Samsung SDI in developing a cell chemistry that meets our stringent standards.”

#3 – Trump appoints “Enemy of EPA” to head it

President-elect Donald Trump this week appointed Scott Pruitt as the Environmental Protection Agency’s (EPA) new head. The appointment of a self-proclaimed enemy of the agency as its head is sparking fear in environmental circles, including the electric vehicle sector. Traditional automakers have already called for changes in the agency’s emissions targets. It seems however that the agency is fighting back with it fast tracking the filing of its midterm review before President Trump’s inauguration. The new standard calls for a fuel consumption limit of 54.5 MPG by 2025.

#4 – Possible EV from Chinese smartphone maker

Chinese Smart Phone maker, Xiaomi, also know as the “Apple of China” in a surprise move announced that it would unveil an electric vehicle on Monday the 12th of December. Speculation is rife on the type of electric vehicle that the company could launch, with most commentators believing it to be a scooter or Neighbourhood Electric Vehicle (NEV). It will not be the smartphone makers first electric vehicle, earlier this year the company unveiled an electric bicycle, the Mija Qicycle, a 250watt electric motor with a range of 45km (28miles).

#5 – BMW downbeat on EVs

Despite BMW’s reaffirming its strategy to pursue the development of electric vehicles at its September board meeting, the company remains downbeat on the sector. BMW’s Chief Financial Officer, Frederick Eichner, was quoted by Bloomberg saying “We’ve learned that people aren’t prepared to pay a higher price for an electric vehicle. I don’t see some kind of disruptive element coming from electric cars that would prompt sales to go up quickly in the next five to six years.”

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