Top 5 Electric Vehicle News Stories of Week 25 2017

Top 5 Electric Vehicle News Stories of Week 25 2017

wattev2buy electric car myths debunked

wattev2buy electric car selection tools

wattev2buy electric car mobile app

wattev2buy china electric car

TOP EV NEWS #1 – TESLA EXPANDS FOOTPRINT IN ASIA

Tesla is aggressively targeting Asia for expansion. Last week we reported on Elon Musk’s tweet about the US company’s efforts to enter the Indian market. Musk in his TED interview in May eluded to Tesla pursuing the signing of up to five Giga factories by year-end. Rumors that Tesla will establish a factory with the Shanghai Municipality was quashed byAutomation Instrumentation company, Shanghai Lingang Holdings Ltd. The company denied any contact with Tesla related to a China-based factory as the news created a spike in the Chinese company’s share price. Tesla in the meantime responded with the following press statement:

“in order to better serve the China market, Tesla is exploring the possibility of establishing a Chinese manufacturing plant with the Shanghai municipal government. Based on the previous communication, by the end of this year, the localization plan will be more clear. Tesla has been committed to cultivating China market. At the same time, in order to better serve the market all over the world, we are constantly assessing the potential factory location in the global area. Although we expect that most of the production will be completed in the United States, we need to set up factories overseas to ensure more local consumers can afford our products.”

Tesla is looking to establish local production in world’s largest market for electric vehicles to escape the 25% import duty on its models. Tesla also this week began delivering the Model S 90D in South Korea announced the launch of the Model X in Indonesia.

Other Tesla headlines this week saw the announcement of the start of the production of the Model 3 battery cells and the resignation of its Autopilot Head, Chris Lattner. Chris Lattner joined the company barely six months ago. Both Chris and the Tesla cited that he did not fit the company’s culture.

TOP EV NEWS #2 – CHINESE AUTOMAKERS GEAR-UP TO BATTLE TESLA

SAIC, the state-owned top four Chinese auto manufacturer and CATL, top lithium battery manufacturer, this week established two joint venture companies in a bid to challenge Tesla’s dominance in the EV and Battery sectors. CATL and SAIC will play to their strengths in the separate JVs with CATL focusing on battery technology and SAIC on drive train development.

In a similar vein, BYD, the top selling EV manufacturer in China for two years running has spun its battery division into a separate entity allowing it sell batteries to other Chinese and international auto manufacturers.

TOP EV NEWS #3 – NEWS RELATED TO SELF-DRIVING CARS 

Ford this week publicly presented its autonomous Ford Fusion Hybrid we reported on at the end of last year. The self-driving Fusion was put through its paces at the University of Michigan where it successfully navigated daily traffic conditions at a top speed of 25mph.

The French PSA Group announced that it plans to have a Level 3 self-driving vehicle by 2020 and introduce semi-autonomous DS 7 Crossback next year. The PSA systems are called ‘Traffic Jam Chauffeur’ and ‘Highway Chauffeur’.

Audi started testing Level 3 autonomous vehicles in New York. Audi calls the technology ‘Audi Highway Pilot’.

Texas signed a bill authorizing testing of self-driving cars on public roads.

French self-driving manufacturer Navya announced the establishment of a US-based plant in Michigan and aims for the start of production by the end of the year.

TOP EV NEWS #4 – AUDI & VW CONFIRM EVs FOR PRODUCTION

Two VW Group companies this week confirmed the production of exciting concept vehicles introduced recently.

Audi announced that it will start producing the Audi e-tron Sportback EV at its Brussels plant from 2019 while VW’s Chairman, Dr. Herbert Diess confirmed that it will produce a version of the of the I.D. Buzz unveiled last year. The I.D. Buzz will join the I.D. Crozz in production and compete with Tesla‘s expected Type II people carrier.

 

Blog-Week-25-VW-Group

TOP EV NEWS #5 – NEW BRANDS AND MODELS UNVEILED

This week was another bumper week for the EV sector as two new EV-specific brands were created alongside the usual flood of new ZEV models we are now getting used to.

Volvo created a high-performance electric vehicle company by rebranding its Polestar High-Performance Division. Volvo teased the new logo and announced the new management, under the leadership of its Design VP, Thomas Ingenlath, now Polestars CEO. Polestar will continue its engineering work under its old logo but will turn the sub-brand into an electrified global high-performance car company with the new branding.

Chongqing Sokon, one of the 15 Chinese companies with EV production certificates and owner of US based AC Propulsion this week acquired US AM General’s auto assets for $110 million. The acquisition includes the Hummer plant in Indiana and will be housed within its USA unit, SF Motors. Sokon has made a number of aggressive moves the last 12 months, including the signing of Tesla co-founder Martin Eberhard but so far has not made any clear indication of how all these actions will translate into a strategy.

CHJ Automotive announced during a Round A capital raising that it will create a new vehicle category for city application by bringing an ultra- compact two-seat EV to market in 2018 from its plant in Changzhou, Jiangsu province.

Zotye announced that its sixth and latest production facility, completed recently in Chongqing, will produce an electric SUV, the M12 or Zotye T300E as well as a PHEV MPV the seven seat B40.

Hyundai announced this week that it will produce 3,600 units of its Future Eco (FE) FCEV model.

Renault launched the upgrade to its MPV, the Kangoo Z.E EV. The new Kangoo has a 50% improvement in range from its 33kWh battery, allowing it to achieve a NEDS range of 270km (170miles).

wattev2buy mobile app

Top 5 Electric Vehicle News Stories of Week 52 2016

Top 5 Electric Vehicle News Stories of Week 52 2016

wattev2buy electric car myths debunked

wattev2buy electric car selection tools

wattev2buy electric car mobile app

wattev2buy china electric car

TOP EV NEWS #1 – Ford debuts its autonomous vehicle

Ford debuted it’s next-generation Fusion Hybrid Autonomous development vehicle this week. The second generation of the vehicle sports more production ready controls and LiDar sensors on top of an improved computer hardware platform. Improved field of vision on the sensors allowed Ford to have only two sensors as opposed to four in the first generation. The second generation follows the first, introduced three years ago. The company aims to have an SAE Level 4-capable vehicle commercially available by 2021 for ride-hailing and sharing purposes. Ford will also expand its test fleet, currently operational only in California to its home state, Michigan.

TOP EV NEWS #2 – Lamborghini announces plans for PHEV

Lamborghini, a Volkswagen company, announced this week that it plans to include a PHEV version of its first SUV since the LM002, the Urus when its released in 2018. The auto manufacturer is also rumored to work on an all-electric vehicle, named the Vitola, which will use the Porsche Mission E platform.

TOP EV NEWS #3 – LeEco breaks ground for EV plant

The controversial LeEco announced the groundbreaking of its plant in the city of Hangzhou, Zhejiang Province China. LeEco is entwined between Faraday Future and the LeSee electric vehicle manufactured by LeEco. Both companies were founded by Chinese businessman Jia Yueting. Both businesses are known for making bold statements and big ticket announcements just to be followed by press reports of cash flow and funding problems. The announcement comes at a time when Faraday Future is battling to break ground on its plant in Northern Los Angeles. The company could not even pay the $21 million deposit to Aecon despite being offered $300 million by the local authorities for building the assembly plant there. LeEco has also partnered with Aston Martin on the RapidE, where it will help with the development of the zero emission technology. Faraday Future is said to hold the patents to the technology, but recent reports state that the technology is in fact held by a separate company in the Cayman Islands, creating insecurity for investors and borrowers..

TOP EV NEWS #4 – Missouri rejects Tesla license renewal

In another attack on Tesla by the old guard, as the State of Missouri rejected its dealership license renewal. The reason being a ruling by Circuit Judge Green in a case brought against the Missouri revenue department by the Missouri Auto Dealers Association for allowing the license in 2015. Tesla prefers to use a direct sales model due to the notorious inability of traditional dealers to sell electric vehicles. Tesla will be forced to close shop in the State come January the 1st 2017.

TOP EV NEWS #5 – A scramble for EV resources by miners

Miners are scrambling for “modern” resources such as lithium, nickel, and cobalt used in the electric vehicle manufacturing process. A reporter, Marcus Le Roux explored the various metals and their potential supply constraints and sources in the Australian. Most interestingly are the place which copper plays within the electric vehicle industry and the expectation that current lithium demand would rise from 16,500 to between 120,000 to 250,000 tons by 2025 to feed the 14 battery mega factories that are developed, mainly in China.

wattev2buy mobile app