Daimler plans to invest around €100 million ($125 million) to expand production capacity for lithium-ion batteries at its Deutsche ACCUmotive subsidiary. A new building is under construction in Kamenz, Germany, and when it is completed in mid-2015, Deutsche ACCUmotive will have nearly 20,000 square meters of production and logistics space. “Deutsche ACCUmotive will be producing… Read more »
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Do luxury models make more sense as EVs than small cars?
Contrary to popular belief, the small, practical city car is not necessarily the best candidate for electrification. Battery costs will keep EVs more expensive than legacy vehicles for some time to come, and many drivers won’t recoup the higher purchase price in fuel savings in a reasonable number of years. In a new article, John… Read more »
October plug-in sales: LEAF, Volt still lead, BMW coming up strong
The US auto industry had a good month, as automakers reported their strongest October sales in a decade. Most of the action was in gas-guzzling pickups and SUVs – alas, plug-in sales were down compared to last October, for the first time in 46 months of EV sales. Annual sales are still on track to handily… Read more »
CHARGED Electric Vehicles Magazine Issue 15
Subscribe Now Trouble viewing? Read the features inside here. Featuring: The Tech Next-gen battery pack testing: AeroVironment launches the AV-900 EX Simulation of battery pack cooling systems: Measure twice, cut once Voltabox begins building Li-ion battery packs in Texas Freudenberg Group’s new line of Li-ion battery separators The… Read more »
Automakers say they plan to go head-to-head with Tesla
Lately it seems that almost every EV-related headline has to include a reference to Tesla, however tenuous. However, there may be some substance to this week’s news, as four major automakers have at least hinted at plans to directly challenge Tesla with new high-end EV models. In a recent conference call with Wall Street analysts,… Read more »
Daimler sells stake in Tesla for $780 million in cash
Daimler has reorganized its financial relationship with Tesla, selling its 4% stake in the California carmaker. The cooperation between the partners on the Mercedes-Benz B-Class Electric Drive is unaffected. “We are extremely satisfied with the development of our investment in Tesla, but it is not necessary for our partnership and cooperation,” said Daimler Board Member… Read more »
Tesla pre-owned vehicle program could be lucrative profit center
Tesla is developing a certified pre-owned vehicle program similar to those already offered by luxury brands such as BMW and Mercedes. “With the Model S fleet now heading toward the first cars hitting three years old, we are looking at CPO and how best to structure.” VP of Communications Simon Sproule told Automotive News. In… Read more »
They all make EVs – but which carmakers want to sell them?
Almost every major carmaker now has at least one plug-in vehicle for sale. However, several of these vehicles were produced mainly to appease the California Air Resources Board, and their makers have shown little interest in actively marketing them. Savvy car buyers are aware of this, and make their choices accordingly – no one wants… Read more »
September plug-in sales: Revenge of the pure EV
September plug-in sales showed a slight decrease compared to August, but 2014 is still on track to decisively beat 2013’s figure. Pure electricity ruled this month, as the leading EVs made strong showings, and all the major PHEV models showed steep declines. The Nissan LEAF still leads the pack. Sales shrank slightly to 2,881 in… Read more »
What happens when the EV tax credit is phased out? (Don’t ask the IRS.)
How important is the $7,500 federal tax credit for EV buyers, and what will happen to the market when it is eventually phased out? Vehicles from a particular automaker are eligible for the tax credit until it has sold 200,000 EVs in the US. After that, buyers of the company’s vehicles will get 50 percent… Read more »