EV News in 5 Minutes or Less
🚀Electric Mission Hyper Possible
Porsche unveils the Mission X, an electric hypercar with a sleek design, open roof, and extending wings. GM partners with Tesla, granting access to Superchargers via the Ultium Charge 360 initiative. Ford invests $2 billion in Germany's Cologne Electric Vehicle Center. Lucid and Fisker enter the Chinese market. Mercedes-Benz pioneers Level 3 automated driving in California. Saudi Arabia collaborates with Human Horizons. Nio reduces prices in China. Ferrari builds a plant for hybrid and electric components. Rivian seeks carbon credits for its chargers. UK's used EV market sees a price drop. Ohmio showcases autonomous platooning at JFK Airport.
🔋Rolling, Rolling, Rolling
Volvo introduced the EX30 in Milan, while Acura unveiled their first electric vehicle, the 2024 ZDX, featuring integrated Google features and compatibility with Apple CarPlay and Android Auto. The Biden administration reversed a reduction in tax credits for Tesla's Model 3, making all versions eligible for the full $7,500 credit. Chevy produced its first electric Equinox, and SK Signet opened an EV charger manufacturing facility in Texas. All this an more in today's electric vehicle newsletter.
💰The $25k Tesla Model 3
Discover the latest updates in the electric vehicle (EV) world. Tesla's Model S Plaid breaks records at the Nurburgring, intensifying the competition with automakers like Porsche. Fiat introduces the Topolino, an urban electric quadricycle, promoting sustainability and the Fiat 500 legacy. Franchise dealerships in the US plan to invest $5.5 billion in EV infrastructure. China considers extending tax breaks for local EV manufacturers. PSA BDP opens a new EV battery logistics warehouse, supporting sustainable solutions. India's Tata Group signs a $1.6 billion deal for a lithium-ion cell factory. South Africa sees a significant increase in BEV sales, reflecting the growing EV market. Stay tuned for more exciting developments!
🏎️Meet the $309,000 aiHypercar ...
Toyota has announced its ambitious plans for an electric SUV and battery plant in the United States, aiming to reduce carbon emissions and meet customer demands by 2025. Faraday Future has unveiled the FF 91 2.0 Futurist Alliance, an AI tech luxury car that rivals prestigious brands like Ferrari, Maybach, and Rolls-Royce in terms of advanced technology and safety features. In Switzerland, the Rallye du Chablais is hosting the ADAC Opel Electric Rally Cup, a captivating competition showcasing diverse electric rally cars. Vauxhall has introduced the Astra Electric, a zero-emissions hatchback and estate with an impressive range of 258 miles, fast charging capabilities, and an affordable starting price. Rivian has given a glimpse of its future offerings with the unveiling of the R2 baby SUV. This is so much more.
🔎 What happens when a Volvo leaks?
In this issue, we bring you the latest news and insights from the world of electric vehicles. Read about how Ford EV customers will be able to access Tesla Superchargers starting Spring 2024, how a Moroccan entrepreneur plans to create the first African-designed and engineered electric car, how the Tesla Model Y became the global best-seller in Q1 2023, and more.
⚡The Ultimate Electric Driving Machine
The electric vehicle industry is witnessing rapid changes and innovations, as several automakers and tech companies announce new products, partnerships, and milestones. Some of the highlights include: BMW’s new electric 5 series, which features a model that can go from 0 to 60 mph in 3.5 seconds; GM’s all-electric Cadillac Escalade, which will launch later this year as part of its plan to electrify the brand by 2030; Tesla’s first shipments of China-made Model 3 and Model Y vehicles to Canada; Ford’s new deals to secure lithium supply for its ambitious EV production plan....
Fast Food Faster🍔
A fast food company plans to use underground autonomous robots for faster food delivery. In China, Wuling Motors has lowered prices for its Mini EV electric vehicles, making them more affordable. Chrysler will not produce its Airflow Concept as an electric vehicle but will introduce a new large crossover instead. Holcim and Volvo Trucks aim to deploy 1,000 electric trucks in Europe to reduce CO2 emissions. Prieto Battery has developed a fast-charging 3D interdigitated battery prototype and so much more in this edition of our EV/AV newsletter.
🏁Rimac Nevera did what?
Rimac breaking records. Rivian released an update for its vehicles that includes scheduled charging, reduced range loss when using a phone as a key, and fixes for various issues. Consumer Reports opened a test loop to evaluate and compare Advanced Driver Assistance Systems (ADAS). ABM is establishing an Electrification Center in Georgia to centralize its operations and services related to eMobility, resiliency, and electrical infrastructure. Rheinmetall is launching an experimental project to install curb stone chargers in public streets. Colorado is launching the Fleet ZERO initiative to offer grants to local governments and businesses operating large groups of electric vehicles. Tesla CEO Elon Musk hinted at the launch of two new products. Battery-only electric vehicles accounted for 18% of new vehicle registrations in Portland's three counties. Texas Governor Greg Abbott signed a law that imposes a $400 registration fee on new electric vehicle owners. Vietnamese EV manufacturer VinFast expects a nearly 600% increase in EV sales this year and plans to introduce new models. BYD is addressing its lag in autonomous driving by establishing a dedicated division and partnering with chip technology firms.
⛵Electric Autonomous Boats
This week in EV/AV news, we've seen breakthroughs, strategic shifts, and potential collaborations that are driving the future of transportation. Dubai launches its first autonomous electric boat, marking a significant step towards its goal of 25% autonomous journeys by 2030. Polestar navigates production hurdles, while Honda unveils its second fully electric vehicle, the e:Ny1, set to hit European markets in 2023. This and so much more.
Doors ≠ Bikes 💥
The EV Charging Summit, hosted by EV Charging 101, will take place virtually on June 29-30, providing insights for professionals in the industry. Key headlines include Rivian's Q1 revenues, Lucid Group's production plans, Tesla's lithium refinery, Volvo's EX30 EV, Waymo's Safe Exit feature, and Alpine's electric sports car. Additionally, Tesla has reduced Supercharger prices in Europe, the South Pasadena Police Department is transitioning to a fully-electric fleet, Oregon's EV rebate program is temporarily suspended, and Swiss Transit Lab and Sensible 4 have launched a dual-mode automated driving service in Switzerland. Finally, Norway serves as a leader in EV adoption and charging infrastructure development.
👑 EV King and Formula 1
Over the weekend, racing fans enjoyed Formula E in Monaco and Formula 1 in Miami, where Elon Musk engaged in conversations about F1 technology and proposed a pure EV vs gas/hybrid F1 race. In other EV news, Germany led Europe in EV adoption with 1,089,854 electric vehicles in 2022, while autonomous vehicle poll results showed 53% of participants would ride in a fully autonomous vehicle with no safety driver. Top EV news stories include Fisker delivering its first all-electric Ocean SUV, Shell Germany and Volkswagen Group partnering for charging stations, California considering a bidirectional charging bill, and Porsche testing its electric Boxster at the Nürburgring racetrack.
Class 8 🚚
The ACT Expo, which focuses on electric and autonomous vehicles, has grown remarkably. Kodiak Robotics introduced the first autonomous electric class 8 truck, while Volvo updated its electric models to offer more range. Ford's Q1 report showed progress in their Model e division for innovative electric vehicles. NIO saw a YoY increase...
🏎️Cannonball Record Attempt...
The sun is shining in Colorado, and the EV/AV newsletter announced Jonas H as the winner of the Rivian Merch giveaway. BMW is in the final stages of developing a new model, and readers are asked to participate in a poll about autonomous vehicles and summer road trips. Opinions are divided on the discontinuation of the Chevy Bolt, with 52.38% of respondents expressing disagreement. Top EV news includes Rivian investing $10 million in Kentucky, GM constructing a $200-million EV parts factory in Michigan, and a bill in Texas that requires EV owners to pay a $200 annual fee....
🌩️ Buy Bolt or Bye Bolt?
The world of electric and autonomous vehicles is rapidly evolving, and there are several exciting developments happening at the moment. General Motors plans to cease production of its Chevrolet Bolt EVs by the end of the year, despite record sales and production. Meanwhile, Tesla is reintroducing adjustable regenerative braking settings via an OTA software update. General Motors and Samsung SDI are joining forces to invest $3 billion...