TESLA MODEL 3 HIGHLAND: NORWAY’S TOP CAR CHOICE
– Tesla’s Model 3 Highland received the “Best Car Purchase of the Year” award from Norway’s *Motor.no*.
– The new Model 3 Highland addresses key weaknesses of the original Model 3, including its interior design, cabin noise, and inconsistent ownership experiences.
– The updated interior of the Model 3 Highland is significantly more luxurious than its predecessor.
– Improvements in the Model 3 Highland also include a quieter, more comfortable cabin.
– Key strengths of the Model 3 Highland remain: it has the lowest consumption, best range, efficient space utilization, high power, and superior driving dynamics.
– The vehicle stands out for offering these features at a price point unmatched by competitors.
TESLA TAKES LEGAL ACTION AGAINST SWEDISH TRANSPORT AGENCY
– Tesla has filed a lawsuit against the Swedish Transport Agency due to a workers’ strike hindering the delivery of license plates.
– The strike, involving PostNord workers, began on November 20, affecting Tesla’s ability to distribute license plates for its new vehicles in Sweden.
– The Swedish Transport Agency refused Tesla’s request to personally collect the plates and also declined alternative distribution methods outside of PostNord.
– IF Metall, Sweden’s largest manufacturing union, is engaged in a dispute with Tesla regarding a collective bargaining agreement for Tesla’s mechanics in Sweden.
– The strike has expanded with members from other unions, including dockworkers, electricians, and cleaners, joining in sympathy actions.
– Tesla maintains a policy against signing collective bargaining agreements, asserting that its employees receive equal or better terms than those proposed by the Swedish union.
– Seko, the union representing PostNord workers, suggests that Tesla could easily resolve the issue by agreeing to the collective bargaining agreement with IF Metall.
TESLA’S FREE SUPERCHARGING INCENTIVE FOR NEW MODEL 3 AND Y PURCHASES
– Tesla introduces a new promotional offer: six months of free Supercharging for customers who purchase a new Model 3 or Model Y and take delivery by December 31, 2023.
– This incentive follows Tesla’s recent price reductions on new and low-mileage vehicles in their inventory.
– The Supercharging offer is exclusively available for new orders of Model 3 and Model Y.
– The promotion excludes used vehicles, business orders, and vehicles intended for commercial use.
– Tesla has a clause stating it may revoke the free Supercharging privilege in cases of “excessive charging,” though the exact definition of excessive is not specified.
– The free Supercharging benefit is linked to the buyer’s Tesla Account and is non-transferable, even if the vehicle ownership changes.
– This promotional strategy aligns with Tesla’s efforts to boost financial performance following missed revenue and earnings targets in the previous quarter.
BMW PREPARES FOR ELECTRIC M3 SEDAN WITH IM3 TRADEMARK
– BMW’s Head of Development, Frank Weber, has confirmed the next-generation M3 will be fully electric.
– The all-electric M3 sedan will utilize BMW’s Neue Klasse platform, which is expected to debut in 2025.
– BMW has secured the “iM3” trademark with the European Union Intellectual Property Office and the German Patent and Trade Mark Office, indicating the name for the upcoming electric M3.
– The company filed for the iM3 trademark simultaneously with both the EUIPO and the DPMA.
– BMW M, known for high-performance vehicles, boasts the capability for a quad-motor electric model with over 1,000 horsepower.
MERCEDES UNVEILS FIRST CHARGING HUB IN GERMANY
– Mercedes Benz has inaugurated its first charging park in Mannheim, Germany, as part of its planned European High-Power Charging (HPC) network.
– The charging park, located at the Mercedes-Benz branch in Gottlieb-Daimler-Straße, supports charging speeds up to 300 kW for electric cars and vans.
– This Mannheim facility is the fourth fast-charging park globally by Mercedes-Benz, with more openings scheduled in the USA and China by year-end.
– Mercedes plans to expand its network with additional charging parks in Italy, Spain, France, and more locations in Germany from 2024.
– The charging park is equipped with photovoltaic solar panels, is barrier-free, and offers a drive-through option.
– It features six Hyperchargers from Alpitronic, each with a single connection to maximize energy delivery.
– The charging points at the hub can deliver up to 300 kW per connection.
– Mercedes-Benz electric vehicles show the precise location and availability of charging points in their navigation systems.
– A reservation feature for charging points at Mercedes’ parks is upcoming for Mercedes customers.
– Authentication for Mercedes customers at the charging station is possible through the MBUX multimedia system, Mercedes me app, Mercedes charging card, or future Plug&Charge technology.
LOTUS REVEALS ULTRA-FAST 500KW EV CHARGER
– Lotus has introduced an electric car charger capable of delivering up to 500kW charging rates.
– This charger was showcased at the Shanghai motor show, featuring a robotic arm for automatic connection to the Lotus Eletre electric SUV.
– The company hasn’t confirmed if this new charger will be available in the UK but plans to deploy 50 units across China, accessible to all electric vehicles.
– The launch of Lotus’s charger aligns with the expected release of several fast-charging EVs in China within the next two years.
– Lotus’s Eletre EV is compatible with a 420kW charging rate, exceeding the 270kW of the forthcoming Porsche Macan EV and the 350kW capacity of Hyundai-Kia’s GMP platform vehicles like the Kia EV6.
– The Xpeng G9 in China supports up to 480kW charging, although its European variant will be limited to 300kW.
– Nio has also recently activated its first 500kW chargers in 12 cities across China, including Shanghai.
BYD SURPASSES 6 MILLION NEV PRODUCTION MILESTONE
– BYD has achieved the production of over 6 million New Energy Vehicles (NEVs) since its inception in 2008.
– The company’s NEV range comprises fully electric vehicles, EVs with range extenders, and plug-in hybrids.
– BYD’s first million NEVs took 13 years to produce, while the second million was reached in just one year.
– The company’s production accelerated further, achieving the third million in six months, and the fourth and fifth million in nine months each.
– Remarkably, BYD reached its sixth million NEV milestone within only three months.
– In comparison, Tesla also hit the 5 million-unit production mark in September 2023 and is expected to produce its 6 millionth EV in early 2024, aided by the expansion of its Gigafactories in Shanghai, Berlin, and Texas.
HYUNDAI HALTS MAIN FACTORY FOR EV PRODUCTION PUSH
– Hyundai Motor is temporarily shutting down its Asan plant in South Korea to concentrate on electric vehicle (EV) production.
– This decision aligns with Hyundai’s continued strong demand for its EV models, countering rumors of a market slowdown.
– Hyundai outperformed Ford and GM in the third quarter, securing the second spot in the U.S. EV market with a 7.5% share, along with its affiliate Kia.
– Remarkably, Hyundai’s EV market growth is achieved despite not being eligible for the Inflation Reduction Act’s (IRA) EV tax credit, except through leasing options.
– Hyundai recently reported completing 99.9% of the foundation work on its first EV and battery plant in the U.S., which began in October.
– Additionally, Hyundai commenced the construction of a new EV plant in Ulsan, South Korea, two weeks ago.
– The suspension of operations at the main factory is a strategic move to focus resources on expanding EV production capabilities.
UK GOVERNMENT PLANS TO BOOST MOTORWAY EV CHARGERS
– The UK Government has introduced changes to the planning system to accelerate the installation of electric vehicle (EV) charging stations at motorway service areas.
– Announced in Chancellor Jeremy Hunt’s Autumn Budget Statement, these measures aim to ensure every motorway service station is equipped with at least six high-speed public EV chargers.
– Currently, only 23% of the UK’s 119 motorway service stations meet the standard of having six high-speed chargers.
DENMARK POSTPONES ELECTRIC CAR TAX INCREASE
– Denmark’s government, in collaboration with most opposition parties, has decided to defer the scheduled tax hike on electric vehicles (EVs) as part of their new budget agreement.
– The budget includes an allocation of 200 million kroner (approximately $30 million) for 2024 and 2025 to maintain the current exemption from taxes on electric cars.
– This move effectively delays the gradual elimination of tax discounts for zero-emission vehicles, which was planned to continue through 2030.
– Electric car sales in Denmark have been bolstered by these tax incentives, making Denmark one of the leaders in the EU for EV adoption.
– Statistics from the past year show that a third of all new passenger cars registered in Denmark were fully electric, a significant increase from 19% in the prior 12-month period.
STELLANTIS BRACES FOR POTENTIAL EV MARKET SLOWDOWN POST-ELECTIONS
– Stellantis CEO Carlos Tavares anticipates a potential slowdown in electric vehicle (EV) sales following crucial elections in Europe and the U.S.
– Tavares mentioned the possibility of Stellantis revising its electrification strategy depending on shifts in political and public attitudes towards EVs.
– The CEO expressed uncertainty about the impact of potential changes in CO2 regulations in Europe and the U.S. on Stellantis’ operations.
– Tavares’ comments were made during a press event at the Mirafiori plant in Turin.
OPTIMAL TIME TO PURCHASE EVS IN THE U.S. MARKET
– The U.S. market currently offers an unprecedented opportunity to purchase electric vehicles (EVs), with over 50 unique models available, more than double from two years ago.
– EV supply in the U.S. has significantly increased, with inventories rising fivefold in the past year.
– Buyers are encouraged to make purchases promptly as the surplus in EV stock is expected to be temporary.
– EV distribution is uneven across the U.S., with a higher concentration in states like California that enforce stricter regulations on gasoline car sales.
– Sales of EVs in the U.S. have surged, nearly 2.5 times higher in the last 12 months. In the third quarter, EVs constituted over 10% of new car sales in 11 U.S. states, and 7% in Texas, the second-largest car market in the country.
– Reports suggesting a decline in the EV market are contradicted by these sales figures.
– The disparity between EV supply and demand varies across different regions.
PHIL ROBERTS / ELECTRIC FUTURE
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