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Ford’s Mustang Mach-E Climbs Sales Charts, Chasing Tesla’s Model Y
Ford’s Mustang Mach-E witnessed a 61% sales spike in August, securing its spot as the US’s second-favorite electric SUV, trailing only Tesla’s Model Y. Despite an earlier 20% sales dip due to adjustments at its Mexico plant, the Mach-E is bouncing back. August saw 5,033 units sold, a notable rise from the 8,633 units sold between April and June. This resurgence is attributed to Ford’s attractive lease and retail offers for the Mach-E, including a 1.9% APR for a 60-month term and a $3,000 bonus cash incentive for 2023 models.
After a six-week hiatus to upgrade the Rouge Electric Vehicle Center, Ford is ramping up “F-150 Lightning” production, as shared with *Electrek*. The Rouge EV facility is set to triple its output, targeting 150,000 units by next fall. This will enhance the availability of popular trims like the XLT and Pro, which are currently limited in supply. Ford also teased the launch of new trims soon.
VW Golf’s 9th Gen to Debut as EV on New SSP Platform in 2028
Volkswagen’s forthcoming ninth-generation Golf is poised to be an all-electric model, marking a significant evolution for the iconic family hatchback. Slated for a 2028 release, this electric Golf will be the first to utilize VW’s innovative SSP platform, positioning itself between the upcoming ID 2 and the current VW ID 3. This new platform promises marked enhancements in performance and utility over the existing MEB architecture, positioning the electric Golf as one of the most technologically advanced hatchbacks upon launch. A standout feature is its 800V electrical system, which facilitates charging speeds surpassing the current 175kW peak of VW’s electric lineup. Vehicles on the SSP platform are anticipated to charge from 10% to 80% in just 12 minutes. Furthermore, in tandem with its ‘2.0’ software, the platform is being designed to accommodate level-four autonomous driving.
VW Upgrades Tech for ID.4 and ID.5 Models
At the IAA Mobility event in Munich, Volkswagen unveiled enhancements to its ID.4 and ID.5 electric SUVs. A standout feature is the integration of the more efficient electric motor from the ID.7. Replacing the earlier 150 kW motor in most models, the new APP550 motor delivers a robust 210 kW, promising better efficiency and potential range improvements. However, the base ID.4 Pure retains its 125 kW motor. Vehicles with the APP550 can now reach speeds of 180 kph. Charging enhancements see the ID.4 Pure’s 62 kWh battery supporting 115 kW charging, up from 110 kW. The rear-wheel-drive ID.4 and ID.5 Pro models can harness 135 kW DC charging, with all-wheel-drive versions maxing out at 175 kW. Borrowed from the ID.7 is the battery pre-conditioning, ensuring optimal charging across varying temperatures.
The ID.4 models with an 82-kWh battery now sport a larger 12.9-inch center screen, with the 62-kWh variants keeping their 12-inch display. This bigger screen promises an improved user interface, including an intuitive climate control and revamped menus. The gear selector has been repositioned to a stalk on the steering column. The ID.4 S trim with the 82-kWh battery offers front-row ventilated seats, while the S Plus trim boasts a Harman/Kardon nine-speaker audio system with a 16-channel amplifier.
The 2024 ID.4 will be produced in Chattanooga, Tennessee, exclusively for the U.S. market. All 2023 ID.4 models are eligible for a $7,500 EV tax credit. While awaiting official EPA figures, Volkswagen expects the new motor to boost the vehicle’s range.
2024 Polestar 2: Enhanced Features and Performance
Since launching in 2020, Polestar, originally a racing partner with Volvo under Geely’s management, has globally shipped over 150,000 Polestar 2 units. The 2024 model boasts significant enhancements. It introduces a “SmartZone” on the front, housing most forward-facing sensors and cameras. Both single and dual-motor models now sport 19-inch wheels with Michelin Primacy 4 tires. The single-motor variant, priced at $51,300, powers the rear wheels, increasing output to 295 horsepower from 228, and accelerates to 60 mph in 5.9 seconds, an improvement of 1.1 seconds. Its new 79.0-kWh CATL battery extends the EPA-estimated range to 320 miles and fast-charging rate to 205 kilowatts. Dual-motor versions, retaining the 75.0-kWh LG Chem battery, see their range grow to 276 miles. These models, priced between $56,700 and $64,400, achieve 416 horsepower with new motors. All models feature an 11.0-kilowatt AC onboard charger.
The single-motor offers an optional $2,000 Pilot package, standard on dual-motor models, encompassing adaptive cruise control, LED fog lights, and driver aids. The Plus package, now $2,200, includes a heat pump, Harman Kardon sound system, and more. The Performance package combines Plus and Pilot features, adding 20-inch wheels and Öhlins dampers. All 2024 models now include a wireless phone charger and auto-dimming side mirrors. The Polestar 2 offers three steering modes, adjustable regenerative braking, and a “creep mode.” Both drive variants have twin-tube shocks and multi-link rear suspension. Manufactured in China, the Polestar 2 doesn’t qualify for certain tax credits, but leasing might benefit from the IRA Clean Vehicle Credit. Standard features now encompass a 360-degree camera, parking sensors, and more.
For context, the Tesla Model 3 starts at $41,630, with its Long Range version, offering a 333-mile range and 4.2-second 0-60 mph acceleration, priced at $48,630.
Polestar’s Upcoming Smartphone: A Seamless Sync with Their EVs
Polestar announced plans to launch a smartphone this December, as revealed by CEO Thomas Ingenlath at the IAA Mobility auto show in Munich. Ingenlath highlighted this move as a testament to Polestar vehicles being akin to advanced computers on wheels. This endeavour also seems to be a strategy by parent company Geely to position its smartphone subsidiary, Xingji Meizu, which typically offers mid-range phones, towards a more upscale audience, aligning with Polestar’s premium branding. A potential hurdle is the software compatibility; while Polestar cars utilize Google’s native Android, Xingji Meizu phones run on Flyme OS, an Android derivative. Yet, there’s buzz about future Polestar vehicles possibly incorporating Xingji Meizu’s software, fostering seamless car-smartphone integration.
Xiaomi Kickstarts EV Prototype Production
Chinese smartphone giant Xiaomi has kickstarted trial production for its electric vehicles, churning out around 50 EV prototypes weekly for nearly a month. While China’s economic planner has greenlit production, Xiaomi is awaiting the nod from the Ministry of Industry and Information Technology (MIIT), which evaluates the technical and safety credentials of new automakers. This trial phase sets the stage for Xiaomi’s mass production ambitions, with a significant hiring surge anticipated either later this year or early next. During an earnings call, Xiaomi’s president revealed that their first EV has cleared summer testing and emphasized the company’s goal to launch mass production by the first half of 2024.
Tesla Hits 2 Million EV Mark in Shanghai
Tesla celebrated the production of its two millionth electric vehicle at the Giga Shanghai facility recently. The first million were crafted in 33 months, culminating in August 2022, while the subsequent million took just 13 months. Zooming out, Tesla’s global production tally is approximately five million vehicles, with the Shanghai facility contributing a significant 40%. Predictions indicate this plant might represent over half of Tesla’s total production by year’s end. Giga Shanghai, the world’s premier all-electric car production site, is believed to have a capacity exceeding 1 million vehicles annually, though Tesla’s official estimate is a more modest 750,000. The plant primarily churns out the Model Y at twice the pace of the Model 3 and has recently initiated production of an updated Model 3 variant.
Tesla’s Nuevo León Gigafactory Faces Permit Delays
Tesla, as highlighted by Forbes México, has yet to obtain the required permits to kickstart construction on its anticipated EV gigafactory in Nuevo León. Elon Musk unveiled this ambitious multi-billion-dollar project in March, projecting a 36-month build. Should permits be granted by year’s end, the facility could be operational by late 2026. Currently, Tesla Manufacturing Mexico, an offshoot of the Austin-based behemoth, has only applied to alter the land use classification for the Santa Catarina site, a municipality neighboring Coahuila, just west of Monterrey. Their proposal to the federal Environment Ministry (Semarnat) seeks to transform a 260-hectare forested plot into an industrial zone. Awaiting approval, Tesla, according to a confidential document seen by Forbes, intends to subsequently seek construction and operational permissions. Tesla pledges to address any environmental concerns at the site, noting that the Santa Catarina location isn’t within a protected area and believes the land-use change won’t harm adjacent protected zones.
Volvo’s Plug-In Sales Skyrocket in August 2023
In August, Volvo reported a global sale of 51,636 cars, with a remarkable 78% year-over-year surge in plug-in electric vehicle sales, totaling 17,005 units. This accounts for 32.9% of Volvo’s overall sales, up from 21.9% the prior year. All-electric vehicle sales skyrocketed by 167% year-over-year to 6,660 units, while plug-in hybrids grew by 46%, reaching 10,345 units. Year-to-date, Volvo’s plug-in sales have soared to over 172,000 units, a 52% increase, making up 38.5% of total sales. Forecasts indicate that Volvo’s Recharge sales could approach or even exceed 300,000 units this year, with Europe being the primary market. The forthcoming Volvo EX90, EX30, and the newly revealed EM90 are set to bolster the brand’s all-electric lineup. With these additions, Volvo is on track to achieve its ambitious goal of 100% all-electric sales by 2030.
Kia Showcases EV5 Electric SUV: A Glimpse Inside and Out
At the Chengdu Motor Show in China, Kia unveiled its compact EV5 electric SUV, tailored for families and echoing the design of its flagship EV9 model. The EV5, targeting millennial families, embodies the “Opposites United” design philosophy, resulting in a striking, boxy silhouette with robust fenders. While detailed specifications and pricing will be announced at Kia’s upcoming EV day, it’s expected to be built on Hyundai’s E-GMP platform. Early data from MIIT indicates the Chinese EV5 variant will feature a 214 hp electric motor. There’s buzz about its potential use of BYD’s Blade LFP batteries, though Kia hasn’t confirmed this. Positioned to compete with Tesla’s Model Y, the EV5’s starting price is set at a competitive $22,000 (159,800 yuan), a notable difference from the Model Y’s $36K (263,900 yuan) price tag. Sales in China commence on November 17.
Jaguar’s Upcoming Luxurious EV Sedan: Not the XJ, but Just as Grand
Jaguar is reigniting its ambition to produce an electric variant of the XJ sedan, albeit under a new moniker. The brand anticipates the launch of two EVs by 2025, one of which is a four-door GT, hinted at earlier this year. This GT is speculated to be Jaguar’s most potent offering yet, eclipsing the 590-hp XE SV Project 8, and is projected to retail at approximately $125,000. The forthcoming electric sedan is envisioned as an upscale, expanded rendition of the XJ. Jaguar’s initial strategy was to debut the GT prior to introducing two SUVs, with the larger one poised to compete with the Bentley Bentayga. These vehicles will be constructed on Jaguar’s specialized long-wheelbase Electric Architecture (JEA). The lineup is set to feature the GT as a contender against the Taycan, an SUV to rival the Bentley, and a plush sedan to match the BMW i7.
Audi Unveils New Charging Hub in Munich
Audi has unveiled its newest charging hub in Munich’s Obersendling district, the fifth installation following hubs in Nuremberg, Zurich, Berlin, and Salzburg. Situated on Zielstattstrasse, this hub features four quick-charging points, each delivering a robust 320 kW of power. A distinctive feature of this hub is the “power cubes” – repurposed lithium-ion batteries from decommissioned research vehicles, now acting as buffer storage. These cubes collectively offer a remarkable 1.05 megawatt hours of energy, potentially charging up to 60 vehicles consecutively. The hub’s strategic location in southern Munich places it amidst shopping, dining, and leisure areas. While accessible to all vehicles, Audi drivers enjoy privileges like discounted rates starting at 0.35 euros per kWh and the ability to pre-book charging slots via the myAudi app. In contrast, non-Audi users are charged 0.50 euros per kWh, with payment options including credit card, Apple Pay, or Google Pay.
LG Energy Introduces Prime+ Residential Battery System
LG Energy Solution, renowned for its lithium-ion batteries, is introducing Prime+, a residential energy storage system (ESS), marking their inaugural entry into the U.S. market with an ESS that seamlessly integrates both an inverter and a battery system. The Prime+ offers two capacity options: 19.2 kilowatt-hours or 32 kilowatt-hours. A distinguishing feature of the Prime+ is its backup functionality, ensuring continuous power during outages and maintaining essential appliances. Furthermore, its design facilitates easy integration with existing photovoltaic systems, positioning Prime+ as an ideal solution for those aiming to upgrade their current setups.
CharIN Pushes for Universal Wireless EV Charging Standards
CharIN, an international consortium of EV and EVSE stakeholders, advocates for universal charging standards such as CCS, MCS, and ISO 15118. They’ve recently launched a Wireless Power Transfer Taskforce, led by Siemens, WiTricity, and MAHLE, to advance and standardize wireless charging for electric vehicles. While there have been significant strides, CharIN recognizes existing standardization gaps that could impede vehicle manufacturers and the imminent deployment of wireless charging.
The taskforce’s main objective is to synchronize wireless power transfer (WPT) standards, with a special focus on a static 11 kW charging system. Their ultimate aim is to establish a consistent, effective, and universal framework for wireless charging. This includes setting rigorous testing and certification protocols to guarantee interoperability. In doing so, they intend to ensure that wireless charging solutions remain reliable, efficient, and universally compatible. An additional priority is to harmonize the coexistence of pertinent WPT technologies. CharIN invites both its affiliates and non-affiliated entities to actively participate in shaping the future of wireless charging.
Biden’s $15.5B Boost for EV Transition
The U.S. Department of Energy (DOE) has committed $15.5 billion in funds and loans to expedite the U.S.’s transition to electric vehicles (EVs). This substantial financial support is designed to retrofit existing factories for the EV shift, thereby fostering job creation. Of this, $2 billion is earmarked for grants and a potential $10 billion for loans targeting automotive conversion projects. Another $3.5 billion is dedicated to boosting domestic production of EV batteries and related materials. This initiative is in line with President Biden’s “Investing in America” strategy, unveiled in June 2023, which seeks to galvanize both public and private investments nationwide.
The “Domestic Manufacturing Conversion Grants for EVs,” valued at $2 billion, will provide co-funded grants to bolster local production of a range of EVs. This encompasses everything from light to heavy-duty EVs and their components, extending to assembly facilities for vehicles and parts. A pivotal goal of these grants is to ease the workforce’s shift to electric transportation. Emphasis will be placed on areas with a robust vehicle manufacturing legacy and projects that guarantee fair wages and respect collective bargaining rights. Concept papers are due by October 2, 2023, with full applications expected by December 7, 2023.
Under the “Advanced Technology Vehicles Manufacturing Loan Program,” the $10 billion loan allocation will back automotive conversion projects, particularly those preserving quality jobs in manufacturing hubs. The DOE will assess the economic outcomes of these projects, weighing factors such as local economic impact and projected employment.
The $3.5 billion reserved for advanced battery production will facilitate the development of new and updated domestic commercial facilities for battery components. The DOE’s Notice of Intent outlines this fund’s role in nurturing the domestic sector, supporting manufacturing workers, and promoting equity and environmental justice. It also underscores the commitment to backing automotive workers and candidates dedicated to creating well-compensated positions.
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