Daimler is accelerating into the electric future. Last year the company spent about half of its 5-billion-euro R&D budget on electrification and other emission-reducing technologies, and announced that it would introduce 10 new plug-ins by 2017. The Mercedes S550 Plug-In Hybrid, the group’s third model with a cord, went on sale in the US in… Read more »
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Russian Prime Minister orders all gas stations to install EV charging stations
Well, that’s one way to get a charging network rolled out in a hurry. Russian Prime Minister Dmitry Medvedev has decreed that all gas stations must be equipped with public EV chargers by November 2016, the Moscow Times reported. Critics immediately pointed out the incongruity of such a sweeping measure in a country that is… Read more »
August plug-in sales slow as LEAF, Volt and Model S jockey for the lead
There’s little good news for EV-lovers this month. August US plug-in sales of 8,972 were essentially unchanged from July, and were even further behind August 2014’s figure of 12,172. There were no major position changes – most of the leading models posted minor declines or increases. The bright spots at the moment are outside the… Read more »
StoreDot says its battery tech charges 10 times faster
Put this one in the “If it can do what they claim, it really will be revolutionary” category. Israeli battery developer StoreDot says its EV FlashBattery can charge a 300-mile battery in 5 minutes – almost 10 times faster than today’s state of the art. In 2014, StoreDot demonstrated the FlashBattery, which it says can… Read more »
Panasonic shutters Beijing battery factory to focus on high-end market
Battery behemoth Panasonic has announced that it will stop making lithium-ion batteries at its factory in Beijing, eliminating 1,300 jobs. A sign of waning demand for EVs? Nope, just the opposite. The 15-year-old plant produces batteries for mobile phones and digital cameras, and Panasonic plans to move away from these products (which are steadily being… Read more »
Navigant: Global market for automotive Li-ion batteries will quadruple by 2024
The battery business is booming, and a new report from Navigant Research aims to flesh out the picture with some facts and figures. “Advanced Energy Storage for Automotive Applications” predicts that the global market for automotive Li-ion batteries will grow from $7.8 billion in 2015 to $30.6 billion in 2024, an almost fourfold increase. Total… Read more »
Luxembourg to install 850 public chargers
Piece by piece, EVSE is spreading across Europe. Little Luxembourg is the latest country to establish a charging network, announcing that up to 850 public charging stations will be installed over the next five years. Details of where the chargers will be located and how they will be operated and maintained remain to be worked… Read more »
Lux Research: LG Chem threatens Panasonic’s position as world’s top EV battery supplier
Japanese giant Panasonic is by far the largest automotive batter supplier at the moment, with a 39% market share. According to a new report from Lux Research, it will probably hang onto that position, increasing its share to 51% as EV batteries grow to a $30-billion market by 2020. However, there’s a real possibility that… Read more »
Aston Martin to build 800 hp EV
Iconic British sports car builder Aston Martin plans to produce an electric version of its four-door Rapide within two years, CEO Andy Palmer told Automotive News. The electric motorcar will feature all-wheel drive, about 800 hp and a 200-mile range, said Palmer. The announcement comes as no great surprise. In his previous role as Chief… Read more »
Chinese EV market takes off – as Western automakers watch from the sidelines
Sales of plug-in vehicles in China are quickly ramping up, spurred by generous government subsidies, which in turn are motivated by choking air pollution in the country’s major cities. Yonghe Huang, Director of Policy Research at the China Automotive Technology Center, highlighted the explosive growth in a recent presentation. In 2014, automakers in China produced… Read more »
