Top 5 Electric Vehicle News Stories of Week 34 2017

Top 5 Electric Vehicle News Stories of Week 34 2017

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TOP EV NEWS #1 – NEW EV MODELS

The EV sector is expected to hot up in the last quarter of 2017 as we near 2018, with some long awaited new EVs to being unveiled or upgrades of existing models introduced.

This week saw Mercedes unveiling it’s Vision Mercedes-Maybach 6 Cabriolet at the prestigious Pebble Beach Concours d’Elegance. The 80kWh concept EV has a range of over 500km (NEDC) and a drive system with a 550kW output. The ultra luxurious six-meter long concept vehicle is designed to anticipate the needs of its passengers and to provide the required information and solutions in real time.

Top 5 Electric Vehicle News Stories of Week 34 2017

As we enter September in the coming week we look forward to the release/unveiling of the following Evs:

Top 5 Electric Vehicle News Stories of Week 34 2017

World leading research and education group, WMG, the University of Warwick, and design company Astheimer unveiled a lightweight prototype delivery vehicle, the DELIVER-E this week. According to a press release by Warwick University advanced battery experts, at WMG fitted the vehicle with a powerful 48V 6.5kWh battery system, increasing its peak power from 12 kilowatt to 36 kilowatt – helping it to cope with an increased weight of goods, and to conserve energy despite the start-stop nature of deliveries. DELIVER-E will be showcased as a demonstrator, at a number of events through the year. WMG and collaborative partners will also use it when undertaking research around electric vehicles.

TOP EV NEWS #2 – INDIAN GOVERNMENT CALLS FOR 10,000 EVs

The Indian SOE (State Owned Enterprise), Energy Efficiency Services (EESL) called for international auto companies to bid to supply 10,000 EV sedans, starting with 1,000 that would be used by government departments. The winning bid should be able to provide an EV with a 150km (94 miles) range. EESL also called for bids to 4,000 charging points. India is trying to fast track the use of EVs through its National Electric Mobility Mission Plan. The plan which has a first target of 400,000 EVs by 2020 battles to gain momentum. Local manufacturers Tata and Mahindra Mahindra has been slow to supply EV models due to economic viability and low subsidy support from the Indian Government. An incentive scheme was introduced in April 2017 as part of the Faster Adoption and Manufacturing of Electric Vehicles (FAME) program.

TOP EV NEWS #3 – TECHNOLOGY IMPROVEMENTS THIS WEEK

The UK company, ULEMCo, this week announced that it developed a fuel cell range extender module for the Nissan e-NV200 MPV. The module will extend the range of a fully laden delivery vehicle by 240km (150 miles).

The scientific journal, Nature Communications, this week published a paper on a breakthrough in Magnesium rechargeable batteries, delivering an energy density of 400 mAh/g. According to the paper magnesium, an abundant metal, have the potential to offer high-energy density, safety, and low cost. Researchers found a way to overcome a stumbling block in the technology by altering the design a magnesium battery cathode.

TOP EV NEWS #4 – JVs AND CORPORATE ACTIONS THIS WEEK

Skoda Auto DigiLab and its Israeli commercial partner, Champion Motors agreed to open a technology center in Tel Aviv to collaborate with start-ups and universities on emerging automotive tech.

WM Motors, China’s Tesla, and German sports-car design company, Isdera announced this week that it plans to partner on building EVs. WM Motors joins a list of Chinese automakers either partnering or establishing research facilities with Western companies and countries on EV development.

Ford and the Chinese automaker Anhui Zotye this week announced the signing of a Memorandum of Understanding to establish a 50/50 JV to develop electrified passenger vehicles in China. The JV is the second such JV announced by Ford, which is experiencing sales declines in the Chinese vehicle sector. The Detroit based company and another Chinese domestic JV partner, Changan, announced in April that they would offer PHEV and BEV versions of all the vehicles they manufacture by 2025.

TOP EV NEWS #5 – SELF DRIVING NEWS OF THE PAST WEEK

Germany which has adopted its self-driving law in May 2017 this week announced guidelines for autonomous vehicle software. According to Reuter’s the ethical guidelines of the rules is set to protect people at all cost above property or animals. Autonomous vehicle software is not to determine between sex, health or age of a person in deciding what to do in the event of avoiding an accident.

Tata Motors of India joined the UK’s autonomous drive testing project, named ‘UK Autodrive.’ The UK Autodrive program is conducted in Milton Keyes and Coventry and includes other automakers active in the UK market, including Tata, Jaguar Land Rover, and Ford. Tata is using its Tiago vehicle in the trials.

Hyundai will deploy an autonomous fleet for the 2018 Winter Olympics which is held in the city of Pyeongchang, South Korea during February 2018. The self-driving software will utilize Hyundai’s subsidiary, MnSOFT’s ultra-high-precision HD Map, with a margin of error of only 10cm as opposed to the 30 meters of previous maps. According to South Korean IT publication, etnews, Hyundai will supply a fleet of self-driving fuel-cell based SUVs and buses to ferry people over the 126km between the capital and the event venue.

According to the Korea Post Hyundai and it’s sister company Kia is testing V2X technology in partnership with the City if Hwaseong on a 14km section of road to test V2X (Vehicle to everything) systems. V2X technology is where the vehicle communicates on a real-time basis with the road on which it travels and includes traffic signals, other road users such a pedestrians and other vehicles.

Ford‘s new CEO, Jim Hackett, previously the Chairman of the US automakers Smart Mobility unit, sees a slower transition to completely autonomous vehicles. In an interview with SFGate, Jim Hackett said that he does not see the company’s vehicle revenue threatened by a sudden shift to robot cars leading to fewer vehicle sales. Although the Ford CEO remained committed to a 2021 target by its predecessor for Level 4 ride hailing vehicles he sees a more a more progressive transition than a sudden shift. He added that Ford believes vehicles will become smarter, allowing it to tap more revenue streams from its 100 million “users.” Ford recently acquired SF based ride-sharing company, Chariot, and autonomous tech company, Argo AI, to ensure that it remains relevant going into the future. In line with its 2021 strategy Ford also announced this week that it would include commercial delivery vehicles in its self-driving offering by 2021.

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Top 5 Electric Vehicle News Stories Week 16 2017

Top 5 Electric Vehicle News Stories Week 16 2017

#1 – Fist full EV VTOL Jet take to the skies

A German startup, Lilium, founded in 2015 with the intent to develop the first fully electric vertical take-off and landing (VTOL) jet this week completed its first successful test flight. The vehicle, named Eagle, a two-seater prototype completed its first test flight in Bavaria, Germany. The test flight included a range of advanced maneuvers, including its signature mid-air transition from hover mode to wing-borne forward flight.

electric car newsletterLilium’s business plan provides a flying five-seater taxi on demand. The Lilium Jet has a cruising velocity of 300km/h (187mph) and range of 300km. The design consists of a 10-meter wingspan, 36 engines, and works on the canard concept with powered lift.

The company beats industry heavyweights Airbus at its own game. Airbus unveiled the Airbus Pop.up during the Geneva Auto Show in 2017.

#2 – LG-Chem Q1 Sales excels

LG Chem, the Korean battery vehicle manufacturer, this week announced it’s Q1 sales valued at $5.5Bln, showing growth of 33% year-on-year. More impressive though is that the company showed an increase in operating profits of 74% year-on-year. In our view, it provides a safety margin which could point to price decreases in the expected price war, similar the solar panel market as huge new plants is coming online over the next two years.

#3 – Tesla recall a buying opportunity

Tesla this week announced one of its largest voluntary recalls for 53,000 manufactured between February and October 2016. The recall is due to a fault in a third-party supplied component, potentially resulting in the handbrake not releasing. The recall is not viewed as negative and hardly had an impact on the share price as the company closed near its record price of $307.71 set earlier the week, still very well on the way to our first target of $320.
Tesla’s announcement that it would unveil its Semi-truck in September had analyst very excited, speculating that it would add billions to the companies bottom line and disrupt the sector. The company is expected to lease the batteries at $0.25 per mile saving trucking companies the $0.50 fuel charge.

#4 – Q1 EV sales for France, German, and China, two out three ain’t bad.

German (#9 on Top EV list), French (#7 on Top EV list), and Chinese (#1 on Top EV list) EV sales for Q1 was released this week. Both China and Germany saw huge year-on-year increases, while French EV sales flatlined. Read our blogs for a detailed breakdown of the sales.

#5 – More Concept’s and a few production-ready vehicles at Shanghai Auto Show

The New York and Shanghai Auto Show’s provided many newsworthy releases related to electric vehicle strategies, concept cars, and some productions cars. Although the New York auto show had all thirty plus electric vehicles available for sale in the State on view, the Shanghai Auto Show were the place to be for electric vehicle enthusiast. The VW Group teased its Audi eTron SUV and VW I.D. CROZZ concepts, which is only expected by 2019. Tired of all these old auto companies releasing concept after the other without having real competition for the Tesla available? Two production ready vehicles from newcomers Lucid Motors and NextEV‘s NIO brand were unveiled at the Chinese event. NIO’s ES8 seven seater SUV is expected to be available in China by the end of the year. The company also announced that it would add ten more units to its fleet of six EP9 supercars, priced at $1.48 million.