No Results Found
The page you requested could not be found. Try refining your search, or use the navigation above to locate the post.
Meet Zacua, the first Mexican produced electric vehicle. The Mexican company Motores Limpios, S.A.P.I. de C.V. produced the Zacua electric vehicle in partnership with Spanish, French and Chinese companies. The French company Automobiles Chatenet designed the two models, the M2 and M3. Spanish company Dynamik Technological Alliance developed the drivetrain while the battery is from China. The Zacua brand is named after the name of a bird species found from Mexico to Panama.
Production of the 2-seater full electric vehicle will be limited to 100 and is expected in November 2017, followed by 200 in 2018 and 300 in 2019. Assembly of the Zacua M2 and M3 will be in Mexico State and move to Puebla in 2019. The production of the Zacua generated 30 early stage jobs while no indication of the initial or total required investment was divulged.
Specifications for the Zacua are as follows:
Pricing for the base model starts at $24,500 / 440,000 pesos and buyers will not be required to pay car tax or purchase an environmental verification certificate as required by Mexican law. Owners will also not be restricted by the “Hoy No Circula” or No Circulation Today, an environmental program required to improve the air quality in Mexico through six monthly emission testing and restrictions on driving between 5.AM and 10 PM.
The Renault owned Romanian producer of low-cost vehicles, Dacia; this week indicated that it would also enter the market for alternatively fuelled vehicles according to a Romanian publication quoting Renault Group’s Commercial Director Hakim Bouthera. According to Mr. Bouthera Dacia needs to reposition itself as the market changes away from combustion engines but should maintain its DNA as producer of affordable cars. The Romanian EV market has seen a steady rise in the adoption of electric vehicles, with April 2017 data showing a near three fold increase in EV sales compared to the same period in 2016. The April data shows that 548 EVs were sold at the end of the month to only 195 in the same period of the previous year. EVs now constitute 1% of registered vehicles in Romania with around 2,000 alternatively fuelled cars sold in the last three years. The Romanian government supports the EV sector with a €10,000 (45,000 lei) subsidy.
London Taxi Co, the Geely owned company since 2013, this week unveiled its production ready electric taxi, the TX, which is based on the FX4 black cab that went out of production in 1984. The 60-year-old British company changed its strategy to produce electric vehicles exclusively and opened its EV production facility at the end of March in Ansty, Coventry. The company will be as the London Electric Vehicle Company (LEVC). The new model will be a range extended car with a 70-mile (112km) electric range and 400-mile (640km) total range. The first 150 black cabs will be seen on London’s roads from November 2017 to comply with Transport of London’s (TfL) new rules requiring all new cabs to be zero emission capable from 1 January 2018 with the intent to phase out diesel cabs by 2023. TfL will support the initiative with co-developing 80 charging points by 2018 which will increase to 200 by 2020. The average London Cabbie covers around 120 miles (192km) per day and costs around £43,000 ($56,000) which is financed by the London Taxi Co through a private hire vehicle finance scheme. Although no formal pricing have been announced word on the street is that the TX will sell for around £50,000 ($65,000). LEVC also announced that it already received an order for 225 TX’s from the Dutch taxi operator, RMC, for use in Amsterdam. The TX competes with the Uber financed Toyota Prius and Mercedes Benz Euro 6 Vito Taxi (not EV), priced at £47,000 ($75,200).
The Nikkei Asian Review reported this week that Nissan Motor of Japan is developing a low-cost EV for Chinese cities which is expected within fiscal 2018, citing the automakers CEO, Mr. Hiroto Saikawa. The car is expected to be a pure electric A-class able to travel short distances priced at half the cost of a Nissan Leaf or around 1.5 million yuan ($13,200). The new city car will share its platform with other Nissan Alliance members Renault and Mitsubishi and produced at local partner Dongfeng to keep cost in check. Renault is developing its own EV on the same platform for the Chinese market, the Kwid crossover expected in the Chinese market by 2019.
The Chinese Governments aggressive electric car quotas are forcing international automakers to fast track electric vehicle plans for the country, fearing penalties such as losing their production licenses. The Chinese Government is expected to implement requirements from 2018 which will force auto companies to sell electric cars to generate ZEV credits. Automakers are complaining that the targets are impossible to meet and will disrupt their businesses. Reuters this week reported on a letter seen by it where auto companies wrote to the China’s Ministry of Industry and Information Technology in June 2018 asking for concessions on the planned initiative. The companies requests include asking for a delay of the program by a year, softening of the penalties and an equaling the requirements for local and international players.
Japanese EV start-up, GLM (right below), sold 85.5% shares to Hong Kong watchmaker O Luxe for an estimated $114 million according to the Nikkei Asian Review. GLM, labeled Japan’s Tesla, unveiled its electric supercar, the GLM G4, at the Paris Motor Show in October 2016. The GLM with a range of 400km (234-mile NEDC) has a total system output of 400kW and torque of 1,000N.m accelerating to 100km/h in 3,9 seconds reaching a top speed of 250km/h. The start-up evolved from a Kyoto University venture in 2010 and made ripples with its Tommykaira ZZ prototype (left below) earlier the year which features the worlds first resin windshield. O Luxe shares rose 21% on the news while GLM dropped 19.6%.
Battery Electric Vehicles (BEV), also known as pure electric vehicles, has outsold plug-in hybrid electric vehicles since the start of the decade. Intuitively one would have thought that because of the high cost of battery cells at the onset of electric vehicles that Plug-in Hybrid Electric Vehicles (PHEV’s), such as the Toyota Prius, would have been the best first step to enter the market, which the company initially did until it abandoned the technology. Traditional auto manufacturers (Big Auto) in general did not take electric vehicles seriously, leaving the task to start-ups such as Tesla to develop solutions for the consumer. In the auto industry, it is easier for new entrants to enter with new technology than compete with Big Auto, churning out engines from plants which cost has already been recovered. Thus leaving Big Auto at a disadvantage as they have to invest in research and infrastructure, playing catch up with the disruption.
The big driver’s behind the performance of BEV’s has been:
It is expected that the trend for BEV’s should remain favorable as technology and cost improvements and more automakers plan to bring BEVs to market by the end of the decade. Analyzing the Top 10 EV markets, which represent over 90% of all EVs sold, however, show the opposite. Surprisingly, at closer inspection, PHEV’s are gaining on BEV’s in the majority of the Top 10 EV markets. In our study below we compare the proportion of BEV’s to PHEV’s in the Top 10 EV markets by plotting all EV’s sold from the start of the decade to EV’s sold since 2016, when most automakers changed their electric vehicle strategies. (For more detail follow the links to the different countries for a complete breakdown of sales per model and year in that country).
Chinese BEV’s, not always the most beautiful looking cars, have performed very well since the start of the decade and even more so over our test period from 2016. There are only three PHEV’s of any value worth mentioning in China, namely the BYD Qin, BYD Tang and SAIC Roewe 550, which combined sales accounted for around 18% of all EV’s sold since the turn of the decade. 2016 for the first time saw larger sedans taking over from the micro BEV’s, with the BYD e6, BAIC EU260, and Geely Emgrand entering the Top 4 list in the country. It is clear that with aggressive government support sales for BEV’s are ever increasing in the world’s Top market for EVs.
The home of Tesla and compliance vehicles, the USA, is the second largest market for electric vehicles. Stripping out Tesla, which accounts for nearly 40% of all BEV’s sold in the country will provide a completely different picture than above, where the BEV and PHEV ratio mirrors a presidential race. Most Big Auto brands are represented in the country, and when we say country, we can be forgiven to say California, where it’s Air Resource Board developed the Zero Emission Vehicle Program, targeting 15% of all vehicles to be ZEV’s by 2025. The ZEV Program supports the adoption of BEV’s by forcing automakers to sell a certain percentage of Zero Emission Vehicles. The ZEV program has been adopted by nine other states, which in total account for around 30% of all new vehicle registrations in the USA. The result is that even automakers with no EV strategy, including Fiat Chrysler, are selling what is called “compliance vehicles,” being converted plug-in variants of existing models, such as the Fiat 500e and Chrysler Pacifica. GM has also been labeled a compliance company by some, even though it introduced the first mass-market EV, the Chevrolet Bolt. The argument against GM is that it only released the Bolt it the ZEV States while it produces an uninspiring amount of 30,000 vehicles. On the other hand, GM is supporting the fight against clean air regulations and Tesla‘s direct sales model, effectively trying to halt the progress in the EV sector.
Japan, the fourth largest of the Top 10 EV markets, with China, is one of the few countries in the Top 10 list where BEV’s are outselling PHEV’s. In the case of Japan BEV’s contributed to around 75% of all EV’s sold. The country is however not the best example of expanding BEV sales. Only three brands contribute to over 90% of the sales through four models, namely the Nissan Leaf (EV), Mitsubishi Outlander (PHEV), Mitsubishi i-Miev (EV), and Toyota Prius (PHEV), which production was halted in 2015 for re-release in 2017. No great analytical deduction can be made other than a 40% increase in Nissan Leaf sales and 50% drop in Mitsubishi Outlander sales in 2016 resulted in the shift in favor of BEV’s.
The Netherlands is a big hope for the EV sector. The country targets an 100% electric fleet by 2025. However, the data don’t really show encouragement for zero emission vehicles in a country one would have guessed would be ideal for BEV’s due to the relatively short distances within its borders ( sorry if this does not sound very Euro-centric). BEV sales have stagnated since 2013 with the Nissan Leaf and Tesla making up most of the market. The EV’s sector is dominated by PHEV’s from Volkswagen, Audi (also VW), Volvo, BMW, and Mitsubishi. The Mitsubishi Outlander PHEV is a big hit, cornering nearly 25% of the EV market in the Netherlands. The country also has the highest international sales of the Mercedes C350e, Volkswagen Passat GTE, Volvo XC90 T8 and V60 PHEV.
In France, the home of Renault, Citroën, Bolloré, and Peugeot is number six on the list of the Top 10 EV Markets. Here, PHEV’s have gained slightly on BEV’s but are still only 20% of all EV’s sold, while EV’s represent 1.4% of all vehicles registered in 2016. The high percentage of BEV’s is a clear indication that French automakers were more progressive in accepting electric vehicles at the turn of the decade. France also has the highest number of commercial electric vehicles, just over 15% of all EV’s, with the Renault Kangoo being the delivery vehicle of choice. France also has one of the biggest range of EV models available to the consumer, with over 50 models recorded in its official sales data.
The UK market is much more excepting of PHEV’s with the trend increasing in the last year as more models are becoming available. The UK is another strong market for the Mitsubishi Outlander, where the Japanese vehicle represents nearly 30% of all EV’s sold. The world’s seventh biggest market for EV’s is also a great offset point for Germany. UK Sales for the BMW 330e is the highest in the world and sales for the Mercedes C350e is a couple of units short of the that of the Netherlands, which has the world’s most at 5,754 units. Publicly and reliable sales data for the UK is difficult to get hold of, with only the Top 5 models available up to December 2016, making a proper analysis difficult.
It would be surprising not to see PHEV’s beating BEV’s in the world’s 8th largest market for EV’s. Germany is home to BMW, Mercedes and VW, all brands that missed the boat on electric vehicles, now trying to catch a fast train on the back of PHEV’s. The three charts above clearly show how the release of plug-in hybrid variants of existing models since 2014 helped increase the sale of electric vehicles. Like in other European markets, the consumer is spoiled for choice in Germany.
Sweden, number nine on the list of the Top 10 EV Markets and the home of Volvo also shows a big affinity for PHEV’s. The Mitsubishi Outlander again has a significant portion of the EV market, with a 25% market share of all EV’s sold. There is a significant drop between the number eight position of the Top 10 EV Markets and that of the ninth, with a 50,000 unit drop from 80,000, leaving very little to write home about. None the less Sweden commands the fourth position on the list of EV’s as a percentage of total vehicle registrations, with 3.5% of all new vehicles registered to be an EV in 2016.
Canada in many ways mirrors the USA in trends, obviously at a much smaller scale. Just five models represent nearly 75% of all EV sales in the country, being the Chevrolet Volt, Tesla Model S, Nissan Leaf, Tesla Model X and the Smart ForTwo ED. The popularity of the Smart ForTwo makes it clear why Daimler decided to only sell electric versions of the micro car in the country.
Saving the best for last. Norway, the darling of the EV sector, number three on the list of Top 10 EV markets and number one the list of EV as a percentage of new vehicle registrations. The country is now officially a growth market, reaching the take-off point for the technology, and a clear example of our thesis that PHEV’s are gaining on BEV’s. EV sales in Norway as a percentage of the total fleet for the year 2016 was at a record 29.1%. The prospects for 2017 looks even better, as in January the percentage of EV’s registered achieved a record-breaking 37.5%. At the same time, PHEV’s outsold BEV’s for the first time. Looking deeper into the data and drilling down into the model mix two things are starting to emerge, namely:
We can expect this trend to continue until there is a wider choice of BEV models for the consumer and charging infrastructure expanded. Let’s hope that this trend is not just another way for Big Auto to hijack and derail the drive to zero emission vehicles. In the meantime we should be grateful, that although not hardcore, PHEV’s still introduce new drivers to the pleasure of driving in full electric mode, thereby making them want a BEV next time they buy.
Notes on the data used for the study:
The page you requested could not be found. Try refining your search, or use the navigation above to locate the post.
wattEV2Buy’s easy to use EV Select tool helps identify which electric vehicle is perfect for your specific requirements. EV Select compare electric vehicles battery electric range over various vehicle types. Within four clicks you can get the perfect luxury sedan able to drive your required distance on battery power.
wattEV2Buy’s easy to use Charging Cost Calculator compare electric vehicles charging cost in your state and relate it to equivalent gasoline cost. The charging cost calculator also allows you to be specific and customize your electricity cost in kWh and provide results in miles and kilometers, making it usable all over the world.
Top 5 EV News Week 32 2020 | Cadillac Lyriq unveiled. Yet another Chinese EV startup IPO. Three new EV models launched this week.
Top 5 EV News Week 31 2020 | Successful IPO for CHJ Auto, Kandi finally enters the USA, Mitsubishi pays the cost for failing EV strategy.
Top 5 EV News Week 30 2020 | Chengdu Auto Show, Hozon Neta IPO, VW invest in China, eVito Tourer for sale