Monday 26th March 2018.
- A tweet from Christina Bu last night highlighted the International Energy Agency’s (IEA) 2017 Global Electric Vehicle report. The report predicts electric car stocks will range from between nine million and 20 million by 2020 and between 40 million and 70 million by 2025.
- The World Economic Forum continues: “However, electric vehicles are not emissions-free. While these vehicles obviously run on electricity, that electricity typically comes from a mix of emissions-intensive fossil fuels, nuclear energy, and power from renewables. That is, unless you live in country like Norway, which generates virtually all of its electricity from hydropower. But Norway is the exception rather than the rule. At the other end of the scale, China, whose electric vehicle market accounts for 40% of all sales globally, drives the most emissions-intensive electric cars. That is according to data from Bloomberg New Energy Finance (BNEF), which shows the majority of China’s electricity comes from coal. According to BNEF’s data, electric vehicles in China produce 188.5 grams of carbon dioxide (CO2) emissions per mile, the most of any country globally. In comparison, electric vehicles in the United Kingdom produce just over 76 grams of CO2, while in France just 2.7 grams are produced per mile.”
- And what about the average for a gas powered car? They typically produce about 250 grams of CO2 per mile, BNEF says.
PORSCHE NOT LOOKING OVER THEIR SHOULDER AT TESLA
- The Porsche Mission E has been much talked about recently, from the spinoff Gran Turismo concept we saw at Geneva, to the Audi e-tron GT and now Bentley both saying they will build very fast, luxurious sports cars on the Porsche platform. It’s fair to say they’ll want some Tesla Model S and maybe even X buyers to choose them instead.
- However now the CEO Oliver Blume claims Tesla are not in their minds. He said ‘Tesla is not a benchmark for us’ at their annual press conference. And whilst they might not want YOU to think of them at the same time, they do have their own Model S and Model X to do exactly that, and benchmark them against the Mission E, as they’ve been seen together in youtube videos.
- And whilst some people don’t think of Tesla as a sports car like Porsche, remember the standard, basic entry level Model S 75D will do 0-60 in 4.2 second.
- One area Porsche can legitimately say they are ahead of Tesla on is charging, as they insist their 800 volt 350kW chargers will soon be installed at all Porsche dealers in North America.
iX3 GETS CLOSER
- BMWBlog say “We recently learned that BMW could reveal its all-electric iX3crossover at the 2018 Beijing Motor Show later this year. it seems to still be in early production phases at the moment, as a BMW iX3 test mule was just caught doing some winter testing in the Scandinavian snow.”
- They’ve put a link to the Autocar website which I’ll link to in the show notes. I know some people are cynical and might ask how you’d know they were testing the electric version. The stickers down the side of it saying “Electric Test Vehicle” are a bit of a giveaway!
FORMULA E TEST CAR HITS THE TRACK
- DS is the first team to turn a wheel on track of the new Formula E batman car. IT’s called the DS E-TENSE FE and was on the track at their factory in Versailles.
- Reminder of the stats: the battery stores twice the energy, the motor is twice as powerful, the car swaps mid race will be a thing of the past at the technology partner moves from Williams to McLaren.
- The official test at Monteblanco starts today in Southern Spain for all the teams.
- Finally Hyundai said yesterday, in Seoul, that it will unveil a new EV concept for it’s Genesis luxury brand at the Nork York International Auto Show coming soon. They said: “The new concept will be of a GT or gran turismo design and comes ahead of plans by the carmaker to launch a production EV in 2021 that will be able to travel 500 kilometers on a single charge.”
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