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Posts Tagged ‘ev news’

Audi Planning Dozens of EV Concepts, Production Models

But shift threatens familiar models, like the TT.

by Paul A. Eisenstein on Mar.14, 2019

The Q4 e-tron appears to be about the same size as the current Q3, and is expected to hit the road in 2021.

Few automakers have decided to plug into electrification like Audi, the luxury arm of Volkswagen AG showing off an assortment of concepts and production models over the last year. Now, the automaker says, its push is ramping up, with as many as three dozen battery-electric products in the pipeline.

Audi is echoing the direction being blazed by its parent, VWAG CEO Herbert Diess yesterday announcing the company’s dozen passenger brands expect to sell a collective 22 million battery-electric vehicles by 2029, a 50% increase from its previous forecast.

Product News!

But the transition to electric won’t come cheap. The billions of euros Audi and its parent are investing in electrification will drop the luxury brand’s own operating return on sales to between 7 and 8.5%, officials said during a meeting at brand headquarters in Ingolstadt, Germany, compared to a long-term Audi goal of between 9 and 11%. (more…)

Rise of Electric Vehicles is a Threat to Jobs, UAW Says

Union calls for new investment.

by Joseph Szczesny on Mar.13, 2019

UAW President Gary Jones told members that new investment was needed by automakers to offset the 35,000 union jobs that could be lost to EVs.

The move to electrification could wipe out as many 35,000 jobs in engine and transmission plants operated by the Detroit’s three automakers and their suppliers during the next several years, the UAW suggests.

Jennifer Kelly, the union’s research director, offered up the observations Wednesday during a sobering presentation to the final day of the UAW’s Special Convention on Collective Bargaining.

Union News!

She noted during presentation the auto industry is rapidly changing and electric vehicles are the wave of the future. Automakers, especially General Motors, are charging hard to advance electric vehicle technology. (more…)

Tesla Backtracks on Store Closures; Raises Prices 3% Instead

$35K Model 3 exempt from price increase.

by Michael Strong on Mar.11, 2019

Tesla announced it will only close half of its stores and offset that by raising prices 3%.

Tesla buyers looking to walk into a store to buy a new vehicle were disappointed recently when Chief Elon Musk said the company would close the stores to cut costs — now they can rejoice.

In a blog post, the company announced it would only close about half of the stores across the country, after a spate of negative feedback about the move initially.

News Now!

“Over the past two weeks we have been closely evaluating every single Tesla retail location, and we have decided to keep significantly more stores open than previously announced,” the electric carmaker said.  (more…)

German Automakers Placing Big Bet on Electric Vehicles

Group putting $68 billion into EV development.

by Joseph Szczesny on Mar.04, 2019

The next-generation Macan will feature an all-electric model, according to Porsche.

Germany’s car industry is tracking to invest more than $68 billion in new technology for next three years on electric cars and automated driving, the head of the VDA, the association that represents German carmakers.

“We will invest over 40 billion euros in electric mobility during the next three years, and another 18 billion euros will be invested in digitization and connected and automated driving,” VDA president Bernhard Mattes said in a statement on Saturday.

Business News!

The investment, however, also entails considerable risk. (more…)

Porsche Electrifying Next-Gen Macan

Compact crossover to become its third all-electric model.

by Paul A. Eisenstein on Feb.27, 2019

The next-generation Macan will feature an all-electric model, according to Porsche.

Even as it prepares to launch its first all-electric offering, Porsche has announced plans for a third battery-car model, this one to come in the form of the next-generation Macan, the compact SUV that is its best-selling product line.

The German automaker isn’t providing any details about the electric Macan, but it is likely to become the first of its products to use the PPE platform being developed as part of a collaboration with Audi, another upscale member of the Volkswagen family.

News You Can Trust!

“Electromobility and Porsche go together perfectly; not just because they share a high-efficiency approach, but especially because of their sporty character,” Porsche CEO Oliver Blume said in a statement. (more…)

Americans See Electric Vehicles as the Future, Survey Says

Respondents view EVs as more impactful than recycling.

by Michael Strong on Feb.27, 2019

Volvo was looking for insights about Americans' views of electric vehicles with a new poll.

A new survey commissioned by Volvo Cars USA indicates that roughly three-quarters of American drivers believe electric vehicles are the future of driving.

Volvo said the poll, which was conducted by The Harris Poll, was done because the automaker wanted to develop a better understanding of current perceptions of electric vehicles and how people think EVs could meet their day-to-day driving experiences, including the challenges and the benefits.

Tech News!

One key finding of the poll was that 59% of all drivers feel driving an EV has a positive environmental impact, outweighing activities such recycling, switching to paperless billing or utilizing smart home technology to regulate residential heating and cooling. (more…)

First Drive: 2019 Nissan Leaf Plus

The original battery-car back in the game with more power, range.

by Paul A. Eisenstein on Feb.25, 2019

The 2019 Nissan Leaf Plus gives the brand its first real competitor in the long-range EV arena.

It’s hard to argue against adding more power and range when you’re talking about an electric vehicle, and those are the two most significant updates to the 2019 Nissan Leaf Plus.

The original model, which made its debut nearly a decade ago, was the world’s first mass market battery-electric vehicle, or BEV. It was a revolutionary product at the time, though its relatively limited range and ho-hum performance required a fair amount of sacrifice. That has become all the more obvious as more powerful and longer-range models like the Chevrolet Bolt EV and the Tesla Models S, X and 3 have come to market.

Reviews You Can Use!

The Japanese automaker took a half-step forward two years ago, introducing a longer, if not quite long-range, second-generation version of the Leaf. Now, it is set to play in the same league as the Bolt, Model 3 and an assortment of other new BEVs set to roll into U.S. showrooms, the Leaf Plus boosting both range and power by about 50%. The question is whether it also will give much of a boost to Leaf sales. (more…)

EVs Expected to Cost Same as Gas-Powered Cars by 2022

Deloitte research shows parity starts in UK in 2021.

by Michael Strong on Jan.23, 2019

The Chevy Bolt will be joined by two dozen other GM battery-electric vehicles by 2023. GM is all in with its EV strategy.

Automakers are set to overcome one of the biggest obstacles – cost – to selling electric vehicles in large numbers by 2022, according to a new study by research firm Deloitte.

The firm believes that EVs will achieve cost parity with gasoline- and diesel-powered vehicles globally by 2022 – first happening in the UK by 2021 – allowing for an influx of 21 million EVs to be sold within a decade.

All Charged Up!

Part of that is the growth in charging networks around the world, which has been funded, in part, by the automakers themselves. Tesla led the charge in this arena setting up supercharging stations in the U.S. and around the world where their vehicles are sold. (more…)

Toyota Teaming Up with Panasonic to Develop, Produce Batteries

Tesla turning to Chinese supplier for batteries to be used in new Chinese assembly plant.

by Paul A. Eisenstein on Jan.22, 2019

Toyota will use the batteries produced with Panasonic for vehicles manufactured at its joint facility with Mazda.

Toyota Motor Corp. will set up a new joint venture with Panasonic Corp. to develop and produce batteries that could be used in the new electric vehicles the Japanese automaker is developing.

Panasonic is one of the industry giants when it comes to producing lithium-ion batteries and has been a key partner of Tesla, investing billions in the U.S. automaker’s Gigafactory battery plant in Nevada. Tesla, meanwhile, is reportedly locking down a new deal with China’s Lishen to supply batteries for the Shanghai assembly plant it is currently building.

News You Can Trust!

“Today’s automotive world is also being called on by society to help find solutions to such issues as those related to global warming, resources and energy,” Toyota and Panasonic said in a statement. (more…)

Tesla Breaks Ground on New Shanghai Gigafactory

Musk expects plant to be completed by midyear.

by Michael Strong on Jan.07, 2019

Tesla's Elon Musk said he expects the new Shanghai plant to be complete during the second quarter.

Tesla chief Elon Musk extended his vision of a world dominated by electric vehicles by traveling to Shanghai, China, to break ground for the company’s newest plant, Gigafactory 3.

Always the optimist, Musk said he expects construction on the massive 210-acre facility to be complete by the middle of this year with finished products rolling off the assembly line and out the doors by the end of this year.

Global News!

“With the resources here, I think we can build the Shanghai Gigafactory in a record time,” Musk said during the rain-soaked ceremony. (more…)