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Good morning, good afternoon, and good evening wherever you are in the world, welcome to EV News Daily, your trusted source of EV information. It’s Wednesday 12th July it’s Martyn Lee here and I go through every EV story so you don’t have to.
Patreon supporters look out for a refund for last month as I was away, and a free month in July to say thank you.
Tesla to Launch Electricity Supplier in Britain
Tesla Electric, a subsidiary of Tesla that supplies electricity to households with Tesla products, plans to expand into the UK market.
The company posted a job ad seeking a head of operations to oversee its entry into the UK.
The objective is to facilitate the transition of the entire electricity grid to 100% renewables.
Tesla plans to assist customers with Tesla Powerwall batteries, solar panels, or electric vehicles by storing electricity when it is cheap and selling it back to the grid when prices are high.
This strategy can help households avoid peak market prices and can assist in phasing out fossil fuels by optimizing the use of renewable electricity.
Tesla entered the British market three years ago by applying to the energy regulator for Great Britain to be an electricity generator and received its license in June 2020.
The generation license would allow Tesla to aggregate customers across the country, effectively creating a virtual power plant.
Tesla Electric, initially available to Powerwall owners in Texas, aims to expand to the UK market, marking Tesla’s transition from having a partnership with Octopus Energy to becoming an energy provider.
Lucid’s second quarter deliveries fell short of estimates amid demand concerns
Luxury electric vehicle maker, Lucid Group, delivered 1,404 of its Air sedans in the second quarter, falling short of Wall Street estimates of 2,000 deliveries.
Lucid produced 2,173 Airs in the same period, compared to 2,314 in the first quarter.
The company’s stock has dropped around 58% over the past year due to growing concerns about demand for its Air luxury sedan.
Despite having over 28,000 reservations, Lucid only plans to produce 10,000 to 14,000 Airs in 2023.
In late March, Lucid reduced its workforce by about 18%.
Lucid struck a deal with Aston Martin Lagonda to supply them with electric-vehicle powertrains, battery systems, and related technology in exchange for $232 million in phased payments and a 3.7% stake.
Lucid expects to produce over 10,000 vehicles in 2023 and has enough cash to continue operations until at least the second quarter of 2024.
Record Market Share for EVs in France in June 2023
In June 2023, France achieved a new record high of 26.9% market share for electric vehicles (EVs), up from 19.8% the previous year.
The bestselling Battery Electric Vehicle (BEV) in June was the Tesla Model Y, closely followed by the Tesla Model 3.
The combined market share of petrol and diesel vehicles hit a new low of 45%.
The Fiat 500e came third, the MG4 fourth, and the Dacia Spring fifth in terms of sales.
Audi Hoonitron Set to Conquer the Hill at 2023 Festival of Speed
The Audi Hoonitron, a one-off all-electric Quattro tribute, will be showcased at the 2023 Festival of Speed, driven by nine-time Le Mans winner Tom Kristensen.
The Hoonitron has more power than any of the Le Mans Prototype 1 (LMP1) cars Kristensen raced, with over 1,400PS going to all four wheels through two electric motors.
Audi’s innovative RS Q e-tron, which uses Formula E electric motors and a four-cylinder turbo generator with a total power of 386PS, will also be on display.
Ford Teases High-Performance ‘Electric Pony’ Mustang Mach-E
Ford has released a teaser video of its new high-performance electric Mustang Mach-E, set to be unveiled at the 2023 Goodwood Festival of Speed.
The video hints at a potential off-road adventure edition of the Mustang Mach-E.
The new model is expected to be a high-performance electric version of the Mustang Mach-E.
Ford is also working on a high-performance electric F-150 Lightning pickup, which could be called F-150 Flash according to a recent patent filing.
The Mustang Mach-E and the all-electric Ford Explorer are set to debut at the Goodwood Festival of Speed on July 14, 2023.
Dacia Sandero: Affordable EV Hatch for 2027
The fourth generation of Dacia Sandero will be reinvented as a rugged, supermini electric vehicle, keeping the affordability that has made it one of Europe’s most popular cars.
The new Sandero will be launched in 2027 or 2028 and will serve as a flag-bearer for Dacia’s low-cost route to a zero-emissions line-up.
The electric Sandero will be Dacia’s version of the Renault 5, focusing on utility and practicality.
To remain affordable, the Sandero will likely have a shorter range and longer charge times than its B-segment rivals.
Dacia is investigating ways to make the battery chemistry cheaper, potentially using a sodium-based battery.
Electric Fiat 500 Demand Surges with £3000 Grant
Fiat UK reports an increase in inquiries about the electric Fiat 500 over the past month, which is greater than the combined inquiries from the previous five months. This surge is attributed to the introduction of a £3000 E-Grant by the company to encourage the switch to electric vehicles.
The E-Grant was launched in commemoration of the first anniversary of the UK government’s withdrawal of electric car incentives, which at its peak, amounted to £5000 per vehicle, plus a discount for home charger installation.
Comparatively, Germany offers a €9000 (£7715) grant to stimulate electric vehicle sales.
The market share of electric vehicles (EVs) has increased over the years, with a 0.9% share in 2019, 4.4% in 2020, 7.2% in 2021, and 14.4% in 2022.
The Zero Emissions Vehicle mandate, rumored to be introduced the following year, is speculated to start with a 22% market share goal.
China’s NEV Sales Jump 44.1% in H1
Sales of China’s New Energy Vehicles (NEVs) in the first half of 2023 surged 44.1% year-on-year to nearly 3.75 million units, according to the China Association of Automobile Manufacturers.
In June alone, NEV sales stood at 806,000 units, marking a 35.2% increase from the previous year.
The output of NEVs in China during the first six months reached nearly 3.79 million units, a 42.4% increase year-on-year.
China also exported a total of 534,000 NEVs during the first half, showing a 160% year-on-year expansion.
VW Faces Demand Challenges in Europe
Volkswagen (VW) is experiencing decreased demand for their electric models, like the ID.3, ID.4, ID.5, and ID. Buzz, in Europe. The production of these electric cars at their plant in Emden is also reportedly decreasing.
Between January and May, VW produced 97,000 units of these models but sold only 73,000. In comparison, Tesla sold over 100,000 units of its Model Y in the same period.
VW also faces competition from models like the MG4, a competitor to VW’s ID.3, which registered about 23,100 times in Europe from January to May.
VW’s ID. Buzz is not expected to meet the planned production target due to the low demand. The plan was to build around 44,000 IDs for the year, but this is likely to fall short.
VW Electric Car Sales Slump as Tesla and China Win Price War
Volkswagen’s electric car sales in Germany are lagging behind the company’s targets. Some VW plants report that demand for specific battery-electric models has plummeted to zero.
Some factors contributing to the low demand include subsidy cuts, high inflation, and high prices compared to other manufacturers, such as Tesla and low-cost Chinese manufacturers.
Meanwhile, in the electric-heavy Chinese market, VW is losing market share to low-cost Chinese manufacturers.
European Parliament Sets EU-wide Charging Infrastructure Targets
The European Parliament approved legislation for expanding electric vehicle charging and hydrogen infrastructure across the EU.
By 2026, charging stations for electric cars are targeted every 60 kilometers along main routes, offering 400 kW power output, which is expected to increase to 600 kW by 2028.
For trucks and buses, a charging station is required every 120 kilometers with a power output of 1,400 kW to 2,800 kW, depending on the road by 2028.
By 2031, member states are expected to install hydrogen filling stations every 200 kilometers along main routes.
EU Council Approves Battery Market Regulation
The EU member states have approved comprehensive battery market regulation, following the EU Parliament’s approval in mid-June.
The regulation, which aims to promote a circular economy, governs all types of batteries, including those for electric vehicles, throughout their lifecycle.
The new regulation replaces the 2006 Battery Directive and complements existing waste management legislation.
The new regulation requires mandatory declarations and labels related to battery components and recycled content, as well as an electronic “battery passport” and a QR code.
The labelling rules will apply from 2026, and the QR code will come into effect from 2027.
Used EV Prices Plummet as Pre-Owned Market Levels Off
A study by iSeeCars shows a considerable 29.5% drop in used Electric Vehicle (EV) prices.
This drop follows months of price increases where EV prices rose faster than the overall used car market.
Factors contributing to the price drop include Tesla’s aggressive pricing cuts and a rise in supply.
Although the used car market seems to be stabilizing, it is expected to stay higher than pre-pandemic levels till 2023.
As Tesla dominates the EV market in the U.S., its pricing changes have a significant impact on the market.
The models with the most significant price drops include the Tesla Model 3, Tesla Model X, Nissan Leaf, and Tesla Model S.
Amazon’s Electric Delivery Vans from Rivian
Amazon aims to decarbonize its delivery fleet and has introduced more than 3,000 custom electric delivery vans across the U.S.
By 2030, Amazon plans to have 100,000 electric delivery vehicles on the road, reducing millions of metric tons of carbon yearly.
Since the summer of 2022, Amazon has delivered over 75 million packages in the U.S.
The vans feature technology that integrates the delivery workflow with the vehicle, enhancing routing, navigation, driver support, and more.
Amazon has more than 15 models of electric vehicles, including delivery vehicles, e-cargo bikes, and e-rickshaws, in testing across the U.S., the European Union, and India.
Over the next five years, Amazon plans to invest more than 1 billion euros to decarbonize and electrify its European transportation network.
These EVs have 800V charging: Why it’s better with or without Tesla’s NACS
Some electric vehicles (EVs) are capable of 800-volt DC fast-charging, which is a technology advantage.
800-volt charging systems offer rapid charging with lighter and thinner cables and connectors.
Notably, Tesla currently does not offer this technology, but manufacturers like Audi, Porsche, GMC, Hyundai, and Kia do.
800-volt charging should not be confused with 800-volt vehicle architectures, which allow core components to run at a higher voltage.
The GMC Hummer EV uses a switch to allow the battery packs to connect in series for 800-volt charging, gaining 100 miles of range in 10 minutes.
Tesla’s future V4 Supercharging will offer 1,000-volt capability with a maximum power of 615 kW.
Currently, the Hyundai Ioniq 5, Hyundai Ioniq 6, Audi E-Tron GT, GMC Hummer EV, Porsche Taycan, and Lucid Air can use fast-charging at 800 volts or higher.
Expected 2024 models with 800-volt charging include the Chevrolet Silverado EV, GMC Sierra EV, Kia EV9, Lucid Gravity, and Tesla Cybertruck.
Advantages of 800V Charging in EVs https://evne.ws/450Vx5h
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
OCTOPUS ELECTROVERSE – GLOBAL PUBLIC CHARGING MADE SIMPLE WITH ONE APP AND ONE MAP.
LEASEPLAN ELECTRIC MOMENTS – PROVIDING ALL THE TOOLS AND GUIDANCE EV DRIVERS NEED
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
JAN FROM EMOBILITYNORWAY
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