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Posts Tagged ‘battery car’

Faraday Future “Effectively Insolvent,” Says Co-Founder

Battery-carmaker confirms second round of job cuts.

by Paul A. Eisenstein on Oct.31, 2018

Nick Sampson, (r), one of the Faraday Future founders, is shown with investor Jia Yueting, (l) at the debut of the FF91 concept in January 2016.

The California-based battery-car company Faraday Future is “effectively insolvent,” according to co-founder Nick Sampson who resigned on Tuesday.

His departure comes as the once-promising company prepares for a second round of mass layoffs, a Faraday spokesman advised TheDetroitBureau.com late Tuesday evening. Faraday had already laid off a sizable number of its approximately 1,300 employees last week as it struggled to find enough cash to continue operating.

Breaking News!

“There is a furlough pending,” said spokesman Jacob Brown, adding that Faraday needs to take “drastic measures, but the executive team wants to keep the company running.”

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With New EQC, Mercedes-Benz Goes All-In on All-Electric

“We are flipping the switch,” says CEO Zetsche, with new Tesla challenger - and more to come.

by Paul A. Eisenstein on Sep.04, 2018

The new Mercedes-Benz EQ features a pair of electric motors producing up to 402 hp.

Mercedes-Benz is “flipping the switch,” Daimler AG CEO Dieter Zetsche said Tuesday as he pulled the covers off the new EQC, the German brand’s new, long-range electric crossover.

The first entry from the all-new EQ sub-brand, the compact CUV won’t be alone for long, with Mercedes developing a wide range of battery-electric vehicles set to come to market by the middle of the coming decade, including the smaller EQA due out next year. Along with all-electric offerings in the works from brands as diverse as Audi, Infiniti, Volkswagen and Volvo, they pose a potentially  existential threat to Tesla, according to many industry analysts.

Plug In!

“With the EQC – the first fully electric SUV from Mercedes-Benz – we are flipping the switch,” said Zetsche, during the EQC debut in Stockholm. “Electric drive is a major component in the mobility of the future. We are therefore investing more than ten billion euros in the expansion of our EQ model portfolio, and more than one billion euros in global battery production.”

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Can the Flintstones and Jetsons Sell America on EVs?

New ad campaign brings back two classic cartoon families.

by Paul A. Eisenstein on Aug.13, 2018

The Electrify America ad campaign plays up the fun-to-drive aspects of battery-cars as much as their environmental benefits.

There’s an electrified revolution heading for your local showroom, with dozens of hybrids, plug-ins and pure battery-electric vehicles coming to market over the next few years. The challenge the industry faces is getting consumers to plug in. All forms of battery-based vehicles accounted for barely 3% of the total U.S. market last year.

Building awareness is a key goal for Electrify America, the project backed by $2 billion from Volkswagen, part of the settlement of its diesel emissions scandal. The 10-year effort makes its public debut this week with an ad campaign pitching the virtues of battery-electric vehicles. And to help get the message across, it’s borrowing the theme music from two Boomer-era cartoon shows, the Flintstones and the Jetsons.

We Keep You Plugged In!

The first spot, dubbed JetStones, features a number of new battery-electric vehicles, or BEVs, and will air on national and local cable television, with a radio version running in both English and Spanish. At the same time, Electrify America will begin placing a network of high-speed charging stations across the country.

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Electric Polestar 2 “Five-Door Coupe” Will Deliver 350 miles Range, 400+ HP

All-electric Polestar 3 SUV already in the works.

by Paul A. Eisenstein on Jul.17, 2018

The Volvo 40.2 Concept hints at what's coming with Polestar's first all-electric vehicle.

Volvo’s performance electric brand is getting ready to charge into the market with two additional models over the next two years, starting with the all-electric Polestar 2 which, a senior official claims, will deliver range of up to 350 miles per charge.

And, in keeping with the mandate of the brand – which traces its roots back to the track – the Polestar 2 “five-door coupe” will deliver around 405 horsepower, according to the brand’s Chief Operating Officer Jonathan Goodman. That figure might actually underplay the potential performance of the all-electric offering, as battery-electric vehicles can deliver incredible off-the-line performance because they punch out maximum torque the moment their motors start spinning.

We Keep You Plugged In!

The Polestar 2 is expected to share the same underlying Compact Modular Architecture, or CMA, as the new Volvo 40-Series line-up. That was an obvious choice considering Volvo itself is planning to offer electrified versions of all future models and the CMA, its newest platform, was designed specifically to allow mounting a large battery pack under the load floor.

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Polestar Will Pump Up New Volvo S60 Performance Model

Volvo takes performance to new level with modified S60 sedan.

by Paul A. Eisenstein on Jun.13, 2018

The 2019 Volvo S60 Polestar Engineered gets unique Brembo brakes, among other modifications.

Few brands have done more to try to transform their image in recent years than Volvo, and the new S60 T8 Polestar Engineered sedan should continue shifting the Swedish marque in its new direction.

The latest version of the S60 not only puts more of a premium on sporty styling but backs it up with a 415-horsepower engine. But that’s no ordinary powerplant. No V-8s or turbo-sixes for this new Volvo. It’s a Polestar-modified version of the carmaker’s T8 plug-in hybrid, the top-performing version of its all-four-cylinder line-up.

First Look!

“The new S60 T8 Polestar Engineered is an electrified car that does what you want it to,” said Volvo’s Senior Vice President of R&D Henrik Green. “All components have been fine-tuned to work together, delivering a responsive and exciting driver’s car.”

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FCA Planning to Plug In

After slow start, automaker reveals big plans for electrification.

by Paul A. Eisenstein on Jun.01, 2018

The production version of this Maserati Alfieri concept will use an electrified drivetrain to launch from 0 to 60 in barely 2 seconds.

Sergio Marchionne isn’t much of a fan of battery power, or at least he hasn’t been until recently. When Fiat Chrysler Automobiles launched its first all-electric model, five years ago, the CEO actually urged motorists not to buy it, admitting FCA lost about $25,000 on every one of them.

But at the automaker’s “Capital Day,” in Milan on Friday, Marchionne and his management team were far more upbeat, announcing plans to add dozens of electrified vehicles – everything from mild hybrids to pure battery-electric vehicles – into the FCA line-up over the next give years.

Electrifying!

The economics still aren’t great, noted Mark Chernoby, the automaker’s head of technology compliance, but in an era of increasingly stringent emissions and mileage regulations, it’s the only real day to meet targets being set in markets as diverse as the U.S., Europe, China and Brazil. That’s all the more so as FCA continues to migrate from traditional sedans and coupes to the less efficient SUVs and CUVs that will overwhelmingly dominate its global line-up.

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One in Five Americans Wants to Own an Electric Vehicle

But how many will follow through is another matter entirely.

by Paul A. Eisenstein on May.08, 2018

If the new study is any indication, sales of electric cars could soon climb into the millions.

Automakers are investing tens of billions of dollars gearing up to produce a new generation of plug-based vehicles, a worrisome effort considering that all electrified vehicles – from mild hybrids to pure battery-electric vehicles – accounted for just 3% of the overall American market last year.

But a new study finds that a full 20% of U.S. motorists want their next car, truck or crossover to be electric, according to the AAA. That’s up from 15% in just a year, the travel service reports and, perhaps not so coincidentally, the increase comes at a time when manufacturers are beginning to roll out an assortment of new models that offer longer range and quicker charging at a lower cost.

Get Charged Up!

“Today, electric vehicles have mainstream appeal,” said Greg Brannon, AAA’s director of Automotive Engineering. “While concern for the environment is still a major motivator, AAA found U.S. drivers are also attracted to the lower long-term costs and advanced technology features that many of these vehicles offer.”

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Production Version of Kia Niro EV Breaks Cover

Timing of U.S. launch unclear.

by Paul A. Eisenstein on May.04, 2018

The long-range version of the Kia Niro EV will get 236 miles out of a 64 kWh battery pack.

We got a first look at the concept version of Kia’s all-electric Niro model during the Consumer Electronics Show earlier this year. The Korean carmaker has now pulled the wraps off the production model during the Fifth International Electric Vehicle Expo in Seoul.

A quick glance suggests the version that will be rolling into showrooms is a bit more conservative than the CES show car, with relatively conventional lights and bumpers. Perhaps the biggest difference between the Niro EV and earlier versions of the crossover can be seen in the textured, albeit solid, grille – which actually bears more than a passing likeness to the snout on the all-electric Hyundai Kona that debuted at the New York International Auto Show barely a month ago.

Product News!

Kia is being sparse when it comes to offering details about the Niro EV, though it did indicate the battery-electric vehicle will be offered with a choice of two different batteries – at least in some markets – the more powerful, 64 kWh pack will provide enough energy to travel an estimated 236 miles between charges, the 39.2 kWh pack reducing range to around 149 miles.

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Walmart Set to Add Super Fast-Chargers in 34 States

Chargers will deliver up to 200 miles in 10 minutes.

by Paul A. Eisenstein on Apr.19, 2018

The new Walmart chargers will be capable of boosting range by as much as 20 miles a minute.

Walmart, the world’s largest retailer could soon operate one of the nation’s larger vehicle charging networks.

The Arkansas-based company is partnering up with Electrify America to set up 100 fast-charger stations at stores in 34 states by mid-2019. That’s part of 2,000 chargers Electrify America aims to have in place by then at 500 stations across the U.S.

Electrifying!

“Along with providing our customers with an enhanced shopping experience through added convenience, this initiative also allows us to contribute to the expansion of our nation’s EV charging station infrastructure,” said Mark Vanderhelm, Vice President of Energy for Walmart, Inc.

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Honda Debuts 2019 Insight Hybrid Remake

Will 3rd-generation hybrid be the charm?

by Paul A. Eisenstein on Mar.26, 2018

The 2019 Insight is Honda's third attempt to market a mainstream, entry-level hybrid.

Try and try again, Honda is coming back with a third-generation Insight hybrid and hoping it finally has found the formula after widely missing the mark with two earlier versions.

The Japanese automakers offered a first look at a thinly disguised “concept” version of the ’19 Insight during the North American International Auto Show in Detroit. Now, the production model is rolling into the Big Apple. And the model making its debut at the New York International Auto Show adopts a much more conventional appearance – as well as the latest in Honda hybrid technology.

Product News!

“The Honda Insight shows consumers that the efficiency of a hybrid car doesn’t mean sacrificing style, refinement or performance,” said Henio Arcangeli, Jr., senior vice president of American Honda Motor Co., Inc. “The Insight is another symbol of a new era in the evolution of Honda electrified vehicles, where customers can have everything they want with no compromises.”

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