Show #1453
Good morning, good afternoon and good evening wherever you are in the world, welcome to EV News Daily, you trusted source of EV information. It’s Monday 2nd May, it’s Martyn Lee here and I go through every EV story so you don’t have to.
2023 MERCEDES-BENZ EQE SUV SPY SHOTS: MID-SIZE ELECTRIC SUV SPIED
– Mercedes-Benz’s EQE SUV mid-size electric SUV has been spied again, and this time we have video.
– It’s one of a handful of vehicles designed around the dedicated electric vehicle platform known as EVA, which debuted in the 2022 EQS full-size hatchback.
– It will be built at Mercedes’ plant in Tuscaloosa, Alabama, where the EQS SUV is already in production.
– The rear doors and trunk section don’t stretch as long here, compared to the EQS SUV. The front overhang of the EQE SUV is also shorter, and its hood positioned not quite as high.
– Expect the EQE SUV at launch to have a similar powertrain setup to the EQE sedan. This means the standard setup should feature a 90-kilowatt-hour battery and a single motor at the rear delivering 288 hp and 391 lb-ft of torque. A more powerful setup with a motor also at the front axle for all-wheel drive should also be on offer, and you can count on all-wheel steering making the cut, possibly as a standard feature in the U.S.
Original Source : https://www.motorauthority.com/news/1133845_2023-mercedes-benz-eqe-suv-spy-shots-video
BIDEN ADMINISTRATION BEGINS $3 BILLION PLAN FOR ELECTRIC CAR BATTERIES
– The Biden administration plans to begin a $3.1 billion effort on Monday to spur the domestic production of advanced batteries, which are essential to its plan to speed the adoption of electric vehicles and renewable energy.
– Currently, lithium, cobalt and other minerals needed for electric car batteries and energy storage are processed primarily in Asia. China alone controls nearly 80 percent of the world’s processing and refining of those critical minerals.
– Senator Joe Manchin III, Democrat of West Virginia, a crucial vote for potential climate legislation in the evenly divided Senate, said last month that he had “grave concerns about moving toward an E.V.-only future” because China controls the minerals needed for car batteries.
– The funding is aimed at companies that can create new, retrofitted or expanded processing facilities as well as battery recycling programs, officials with the Department of Energy said. The grants will be funded through the $1 trillion infrastructure law, which includes more than $7 billion to improve the domestic battery supply chain.
– In April, President Biden invoked the Defense Production Act to give the government more avenues to provide support for the mining, processing and recycling of critical materials, such as lithium, nickel, cobalt, graphite and manganese.
– Between electric vehicles and grid storage, the market for lithium-ion batteries in the United States is expected to increase by a factor of 20 to 30 in the next decade but a secure domestic supply chain is needed
Original Source : https://www.nytimes.com/2022/05/02/climate/biden-electric-car-batteries.html
STELLANTIS PLANS $2.8 BILLION EV OVERHAUL OF CANADIAN FACTORIES
– Stellantis will invest about $2.8 billion to overhaul two Canadian factories to build fully electric and hybrid vehicles, the company said on Monday, as part of its $35 billion global commitment to electrification and related initiatives
– The revamp will allow the automaker to build such versions of several of its upcoming models using new “multi-energy” architectures. The company also will add a battery lab to its existing research and development facility in Windsor, Ontario, creating 650 new jobs.
– Retooling of the company’s Windsor assembly plant is expected to begin in 2023
– Stellantis didn’t say which models the revamped factories will be building
– Stellantis and Korean battery giant LG Energy Solution announced in March that they will together spend $4.1 billion to build a major EV battery factory in Windsor. That investment is expected to create 2,500 new jobs, the companies said at the time.
Original Source : https://www.cnbc.com/2022/05/02/stellantis-plans-2point8-billion-ev-overhaul-of-canadian-factories.html
1.45 MILLION ELECTRIFY AMERICA CHARGING SESSIONS IN 2021
– Electrify America provided 1.45 million customer electric vehicle (EV) charging sessions in 2021 which highlights the rapid deployment of it charging stations across the United States. By comparison, the company recorded 268,000 customer EV charging session in 2020.
– Electrify America estimates that EV drivers avoided the use of 5.7 million gallons of gas while travelling more than 145 million electric vehicle miles. The company dispensed 41.4 gigawatt-hours of energy to power customer’s electric vehicles in 2021.
– Electrify America has 800 EV charging stations and about 3,500 individual chargers open or with construction completed. The largest, open ultra-fast DC charging network features up to 150 kilowatts (kW) and 350 kW chargers, some of the fastest speeds available today.
– Electrify America expects to have more than 1,800 total charging stations with over 10,000 chargers in the United States and Canada by 2026.
TOYOTA REALLY WASTED ITS SHARE OF EV TAX CREDITS
– Toyota, which was a pioneer in America with the hybrid Prius before later not bothering much with all-electric cars due to an unseemly obsession with fuel-cell tech, is just about through with cars that are eligible for the federal tax credit. All for a bunch of boring plug-in hybrids.
– Bloomberg says that Toyota has sold nearly 200,000, the threshold for which afterward the federal tax credits will phase out, which is what has already happened to Tesla and GM.
– Demand for Toyota’s plug-in hybrid vehicles has steadily grown, especially as gasoline prices have surged past $4 a gallon, pushing up its cumulative sales of eligible vehicles to 183,000 as of the end of 2021, according to an analysis by BloombergNEF. The company reported sales of another 8,421 plug-in hybrid and electric cars in the first quarter.
– “We’re planning for it, because Tesla’s out, and General Motors is out, and we’ll be out probably in the second quarter,” Bob Carter, Toyota Motor North America’s executive vice president of sales, said in a recent interview. “When you’re out, you enter a step-down phase down, so we’re planning for that.”
– Bloomberg says that Nissan is about 34,000 Leafs away from crossing the threshold, while Ford is around 43,000 EVs away, though it seems likely that Ford will get there quicker than Nissan, given all the new EVs Ford is making.
Original Source : https://jalopnik.com/toyota-really-wasted-its-share-of-ev-tax-credits-1848869981
CATL REMAINS WORLD’S LARGEST EV BATTERY MAKER IN Q1 2022
– In the first quarter of 2022, the global shipment of batteries reached 95,1 GWh, which corresponds to a 93,3 percent increase year-on-year, according to a report released by Seoul-based SNE Research.
- CATL: 33,3 GWh (35 %)
- LG Energy Solution: 15,1 GWh (15,9 %)
- BYD: 10,5 GWh (11,9 %)
- Panasonic: 9,4 GWh (9,9 %)
- SK On: 6,3 GWh (6,6 %)
– Chinese battery makers have been riding the LFP (LiFePO4) wave to gain market share, while Japanese and Korean makers still don’t mass produce cobalt-free EV batteries. However, the Korean companies – LG and SK – are already developing LFP battery cells and could soon announce their mass production…
– Panasonic is still suffering for relying on producing almost exclusively cylindrical cells for a sole customer (Tesla) for such long time.
– CATL is determined to stay on the top and will start mass producing sodium-ion batteries in 2023.
Original Source : https://pushevs.com/2022/05/02/catl-remains-world-largest-ev-battery-maker-in-q1-2022/
CHINA’S EV BUYERS MAY RECEIVE CASH SUBSIDIES FROM LOCAL GOVERNMENTS
– Provincial-level governments may distribute billions of yuan to buyers of battery-powered cars in the coming months after southern China’s Guangdong province spearheaded the move last week to support battered automotive companies.
– Local governments had previously offered cash incentives to buyers but were ordered by Beijing to stop doing so in 2019.
– Sources at car manufacturers and dealers said they are lobbying local governments to follow Guangdong’s move.
– Guangdong’s government announced at the weekend that consumers who buy a new electric car to replace another vehicle will receive a subsidy of 10,000 yuan (US$1,513) in May and June. Those buying a petrol car will be awarded 5,000 yuan, as the government aims to support the entire industry.
– The finance ministry began slashing the subsidy in 2019 and required local governments to scrap the cash incentives they offered to buyers, hoping to wean carmakers off rebates and foster a “survival of the fittest” ethos in the overcrowded market place.
Original Source : https://www.scmp.com/business/china-business/article/3176276/electric-cars-chinas-ev-buyers-may-receive-cash-subsidies
RENTAL FIRMS ARE ADDING EVS. HERE’S HOW THAT MAY AID CONSUMER ADOPTION
– Moves by rental car companies to beef up their electric vehicle offerings could aid in adoption, experts say, though it will take time for EV volumes on rental lots to really accelerate.
– EV sales are still just 3% of all sales with range, availability of charging infrastructure and cost remaining top concerns for consumers. But a taste of the EV life through a rental option could be the trick for them to consider converting.
– “We see a great opportunity for increased awareness and potential for more adoption as we work with rental companies to incorporate our EVs into their fleets,” said Ed Peper, GM Fleet vice president, in a statement. “We’re certain that first-hand experience will be a great experience for EV considerers and enthusiasts alike.”
– Enterprise already has thousands of EVs in its fleet from Polestar, Nissan, Hyundai, Kia and Tesla, spokeswoman Lisa Martini told The Detroit News in a statement, and the company intends to buy Silverado EVs once they become available.The company allows employees to test the vehicles “to better understand the overall customer experience related to charging, range, and our own operational needs.”
– Earlier this month, Hertz and Swedish EV company Polestar formed a global partnership to accelerate EV adoption that includes the rental company buying up to 65,000 EVs over five years.
– There have been times when automakers sold high volumes of vehicles to fleets just to unload them and support higher production, but the business has changed, especially in the current low-supply, high-demand climate.
– Ford in February launched production of its all-electric E-Transit cargo van. The Dearborn automaker says it has more than 10,000 orders from 300 customers, including Penske Truck Leasing, which last week said it ordered 750 of the vans. The vans will be used for both rental and full-service lease options for Penske customers
– Fluid Truck, a peer-to-peer truck sharing platform, has also recently added some E-transits to its fleet for businesses to rent and test.
– Sunbelt Rentals, an equipment and tool rental company, tweeted this month it would soon add 700 electric F-150 Lightning trucks to its fleet
Original Source : https://eu.detroitnews.com/story/business/autos/2022/05/02/car-rental-companies-add-electric-vehicles-fleet/7334798001/
NORWAY HAS A WHOPPING 13 KWH OF EV BATTERY STORAGE PER HOUSEHOLD
– Norway has more electric cars per capita than any other nation. They have over half a million EVs, one for every 11 people. The combined capacity of all those rolling batteries is a whopping 34 gigawatt-hours.
– That’s an average of 6 kilowatt-hours of storage per Norwegian, or 13 kilowatt-hours per household — a Tesla Powerwall worth of storage for every home. If they keep adding EV battery capacity at this rate, once road transport is 100% electric each household will average around 88 kilowatt-hours of energy storage on wheels.
– In 2021 64.5% of new Norwegian car registrations were full EVs. For the first 3 months of this year, it was 82.9%. When plug-in hybrids are included, it rises to 91.1%. Conventional petrol and diesel vehicles were only 6.2% of registrations.
– There are around 3.4 million road vehicles in Norway with 4 or more wheels. With over 500,000 full EVs, this means 15% are all-electric.
– If I assume for EV models with more than one battery pack size that two-thirds have the smallest while the rest have the largest, I get the following figures:
Total battery capacity of top 10 electric vehicles sold in March = 648,000 kilowatt-hours
Average new EV battery pack size in March = 68 kilowatt-hours
Once the battery packs of the few EVs outside the top 10 are added, it comes to more than 650,000 kilowatt-hours. Acquiring that much battery storage on wheels in a single month is an impressive achievement for a country with only 5.5 million people. It comes to 0.25 kilowatt-hours per Norwegian household.
– If Norwegians continue at this rate, over 12 months they will add another 3 kilowatt-hours of EV battery storage per household.
Original Source : https://www.solarquotes.com.au/blog/norway-ev-batteries/
TESLA SHANGHAI RESUMES 80% PRODUCTION AT GIGA FACTORY
– According to Chinese officials, as of Saturday, Tesla (NASDAQ:TSLA) has resumed over 80% production at its Shanghai Giga Factory. Tesla was part of the first whitelist of companies put together by Shanghai that were flagged to resume production in a staggered manner.
– The company recently re-opened in what they called a “closed-loop system,” meaning; nobody goes in or out: employees lived and worked at the factory. By April 22, Elon Musk mentioned that Giga Shanghai was “coming back with a vengeance.”
– China has so far allowed a total of 1,854 companies to resume production.
Original Source : https://www.investing.com/news/stock-market-news/tesla-shanghai-resumes-80-production-at-giga-factory-432SI-2815086
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