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 Friday 12th August, it’s Martyn Lee here and I go through every EV story so you don’t have to.
BYD BEGINS DELIVERIES OF BLADE BATTERIES TO TESLA
“BYD’s blade batteries supplied to Tesla have already started to be delivered to the latter’s factory in Berlin, Germany, the first Tesla factory to use BYD’s batteries, Sina Tech said today, citing several sources familiar with the matter. The first batch of Tesla vehicles equipped with BYD blade batteries are expected to roll off the assembly line within one month at the earliest, that is, from late August to early September, according to the report.”
At present, Tesla’s Berlin plant mainly produces Model Y, which means that BYD blade batteries will first be equipped on a portion of that SUV model, the report noted.
In China-made Tesla vehicles, the current suppliers of power batteries are CATL and LG Energy Solution, providing 70 percent and 30 percent of the supply in 2021, respectively.
CONFIRMED: BYD ALREADY SUPPLIED BLADE BATTERY TO TESLA’S BERLIN GIGAFACTORY
Earlier this year in June, Lian Yubo, executive vice president of BYD Group and president of the BYD Automotive Engineering Research Institute, admitted in an interview that BYD will supply batteries to Tesla. But he did not disclose the specific timeline at the time of the interview. He said, “We admire Tesla very much, we are also good friends with Elon Musk, and we are going to supply batteries to him (Tesla) immediately. We are all friends.”
Rumors of collaboration between BYD and Tesla can be traced back to August 2021. At that time, some media reported that BYD would supply Tesla with Blade batteries in the second quarter of 2022 and that Tesla vehicles equipped with Blade batteries were entering the testing phase. This news was not confirmed by both parties at the time until Lian Yubo publicly acknowledged the collaboration between the two parties in an interview in June this year.
RIVIAN DELIVERS ON Q2 REVENUE
“Rivian is holding on tight to its goal of delivering 25,000 electric vehicles by year’s end, but to get there it now anticipates to burn an extra $700 million.”
“The automaker tucked the revised guidance within its second-quarter earnings report, telling investors that it expects to lose a whopping $5.45 billion in 2022. In Q2, Rivian lost $1.71 billion and delivered 4,467 vehicles. Those deliveries include the automaker’s SUV and truck, as well as the delivery vans it builds for Amazon. (Altogether, Rivian delivered 5,694 vehicles during the first half of the year.)”
RIVIAN’S CASH BURN IS BECOMING A PROBLEM
Rivian Automotive is facing scrutiny over its operating costs, capital expenditures and cash burn as part of second-quarter earnings after the market close Thursday, as the EV maker boosts production at its Illinois factory and plans for a second plant in Georgia.
Last month, Rivan [sic] announced a 6 percent reduction in its workforce, which was at about 14,000 before the announcement. Rivian said it wants to optimize spending on increasing its output and on developing its R2 platform for the Georgia plant.
Market analysts are focused on how much money Rivian is burning through because of its relatively limited deliveries and its rising costs due to current and future expansion.
HYUNDAI IONIQ 5 N LOOKS ALMOST READY FOR THE MUSTANG MACH-E
“We’ve caught test mules undergoing development on more than one occasion, but each sighting thus far has been of a mule that is not wearing the production car’s body. But that has all changed today, as our photographers have snapped the all-electric hot hatch/crossover in its final form near the Nurburgring, albeit still with plenty of camouflage. Clearly, the time for hiding is almost at an end for the Ioniq 5 N. The front spoiler is certainly deeper and more aggressive. The grille in the front fascia is also clearly visible, showing a distinctive design that makes it clear this is an N model. ”
“We expect that the Kia EV6 GT’s output will be mirrored here, meaning 577 horsepower and 546 lb-ft of torque. If it matches that car, the Ioniq 5 N will do 0-62 mph in around 3.5 seconds and top out at 162 mph”
ACURA’S FIRST ELECTRIC SUV
“Acura teased its first electric vehicle Thursday, and the grille alone is worth taking note of. The front end appears to carry over a lot of the design language from the Integra and MDX, including the five-point diamond shape and the angular headlights. But the embedded LED lights are far and away the most ostentatious grille that has been released to date.”
“Full caveat: the concept may or may not inform the actual production version of Acura’s first EV, which will be built on top of General Motors’ Ultium electric architecture thanks to a partnership between the Detroit-based automaker and Acura’s parent company, Honda. Along with the Honda Prologue, the Acura Precision will be manufactured at GM’s Spring Hill, Tennessee, plant, where the Cadillac Lyriq is currently being built. Under the agreement with GM, Acura is designing the exteriors and interiors, while the platform will be engineered by GM to support Honda and Acura’s specifications.”
BREMBO’S ELECTRIC BRAKE SYSTEM WILL CHANGE THE WAY YOU SLOW DOWN
Brembo is attempting to take the “panic” out of panic stop with a new system called Sensify. Gone are the master cylinder, brake lines and brake fluid. In their place are a smaller, lighter electric setup that uses actuators and algorithms to clamp down on the brake disc instead of fluid pressure. The Sensify system stops faster than traditional braking systems, but also gets rid of the pulsing brake pedal feeling of traditional antilock brakes. Brembo says it can be installed on two wheels or all four, and eventually on commercial and racing vehicles.
The Sensify system lessens drag between the brake discs and pads, leading to longer life for both and better mileage or range on an electric vehicle.”
IKEA U.S. AND ELECTRIFY AMERICA ANNOUNCE COLLABORATION
To help reach the IKEA ambition to become a circular and climate positive business by 2030, IKEA U.S. today announced a collaboration with Electrify America and Electrify Commercial to bring ultra-fast public charging stations and delivery fleet electric vehicle (EV) charging to over 25 IKEA retail locations throughout the U.S.
This joint effort will enable IKEA U.S. to quadruple its total number of EV chargers, which supports the goal of achieving zero-emission home deliveries by 2025 and halving relative1 emissions from customer and co-worker travel by 2030.
In total, there will be more than 200 individual ultra-fast chargers offering the fastest charging speeds available today – 150kW to 350kW – at IKEA retail locations in 18 states.
SOME ELECTRIC VEHICLE BUYERS ARE DELAYING THEIR ORDER AMID CONFUSION OVER TAX CREDITS
“After months of enduring exorbitant gas prices, Tom Martin of Woodstock, Ill., decided it was time to trade in his Mazda CX-5 for an electric Chevrolet Bolt EUV. He’d even recently placed an order after a test drive. But now it looks like the federal government could offer him a better deal with proposed legislation that would add a tax credit of up to $7,500, as long as Martin waits until next year to make his purchase.”
“Martin is just one of many would-be EV buyers we’ve heard from trying to parse the confusing details of the new electric vehicle tax credits offered in the Inflation Reduction Act, which is expected to be passed later this week.”
“Amid the confusion, some buyers have contacted CR to say that they’re delaying orders so their cars qualify, while others say they’re trying to speed their purchases up before their particular credit under the current law disappears. Until President Biden signs the bill into law, a prior EV tax credit remains the law”
POLICE IN GERMANY PHOTOSHOP A HELICOPTER AT A TESLA SUPERCHARGER
“It’s not every day you see a police helicopter charging at a Tesla Supercharger and in this case, this photoshopped image was done for a reason. The Schwaben North Police Department, located in Augsburg, Germany, shared the tweet below with a message about parking in designated parking spaces.”
“Many EV owners have gone to a charging station only to find a non-EV blocking them from charging their vehicles. This is called ICE-ing. ICE is an acronym for the internal combustion engine and ICE-ing is an all too common occurrence. In some countries, it’s so bad that the police are getting involved. The Schwaben North Police took a day of action against blocking charging stations and used Photoshop to make their point so as not to actually prevent Tesla owners from charging.”
QUESTION OF THE WEEK
QOTW is taking a break for a while.
Email your answers to: firstname.lastname@example.org
It would mean a lot if you could take 2mins to leave a quick review on whichever platform you download the podcast.
PHIL ROBERTS / ELECTRIC FUTURE
PORSCHE OF THE VILLAGE CINCINNATI
AUDI CINCINNATI EAST
VOLVO CARS CINCINNATI EAST
NATIONAL CAR CHARGING ON THE US MAINLAND AND ALOHA CHARGE IN HAWAII
DEREK REILLY FROM THE EV REVIEW IRELAND YOUTUBE CHANNEL
RICHARD AT RSEV.CO.UK – FOR BUYING AND SELLING EVS IN THE UK
OCTOPUS ELECTRIC JUICE – MAKING PUBLIC CHARGING SIMPLE WITH ONE CARD, ONE MAP AND ONE APP
MILLBROOKCOTTAGE S.CO.UK – 5* LUXURY COTTAGES IN DEVON, JUMP IN THE HOT TUB WHILST YOUR EV CHARGES
DAVID AND LISA ALLEN
JUKKA KUKKONEN FROM WWW.SHIFT2ELECTRIC.COM
BATTERY REPORTS FOR EVS AT RECURRENTAUTO.COM
ALEXANDER FRANK @ https://www.youtube.com/c/alexsuniverse42
ANDY NANCARROW AND LILIAN KASS
COLIN HENNESSY AND CAMBSEV
IAN (WATTIE) WATKINS
JAVIER CARMELO DÍAZ PÉREZ
JOHN VAN DEVOORT
JON AKA BEARDY MCBEARDFACE FROM KENT EVS
LAURENCE D ALLEN
NEIL E ROBERTS FROM SUSSEX EVS
PETER & DEE ROBERTS
REALTORS CHOICE PHOTOGRAPHY
ROB FROM THE RSTHINKS EV CHANNEL ON YOUTUBE
THE PLUGSEEKER’S EV YOUTUBE CHANNEL
THOMAS J. THIAS