As Tesla soars and the legacy automakers waffle, a classic disruption scenario, unthinkable only a couple of years ago, seems ever more likely. The latest to reach this conclusion is analyst Alexander Haissl of Hamburg’s Berenberg Bank, who predicts in a recent report that Tesla will end up with a near-monopoly of the EV market…. Read more »
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Eight of the top 10 cars sold in Norway are electrified
If you’re wondering how quickly EVs could take over from legacy vehicles, you might look at early adopter Norway, where plug-ins now represent 33% of all auto sales. Of the top 10 cars sold in the country in May, only two were non-electrified models. The Norwegian plug-in market continued its steady rise in May, growing… Read more »
Volkswagen and JAC launch new joint venture for EVs in China
Volkswagen has signed a joint venture agreement with the Chinese automaker Anhui Jianghuai Automobile (JAC) to develop EVs for the Chinese market. The agreement provides for the construction of a new factory and an R&D center. The new JV is expected to produce its first jointly developed EV in 2018. It will also develop and… Read more »
Webinar: Con Edison is investing $25 million in EV projects
Con Edison is investing $25M in EV projects to make it easier for New Yorkers to switch to electric vehicles. Join them for a live webinar to discuss the solicitation and ask questions on Wednesday, June 7th at 1 PM ET, before the solicitation closes on June 19. These projects should provide results in three years and show the potential to… Read more »
GM and Fiat Chrysler hit with lawsuits over diesel cheating software
We may not have heard the last of the dirty diesel scandal. Two of the Big Three automakers have recently been served with lawsuits alleging behavior similar to that which may end up costing VW $20 billion. The US Justice Department has filed a civil complaint on behalf of the EPA, claiming that Fiat Chrysler… Read more »
Volvo selects AeroVironment to develop custom charging station
Volvo has chosen AeroVironment (NASDAQ: AVAV) to develop a custom charging station for the brand’s plug-in vehicles. Incorporating customer design elements and Volvo-specific branding, the new wall-mounted charger will be “a premium custom EV charger that aligns with the premium image of the Volvo XC90 and a growing line of Volvo Cars’ plug-in hybrid vehicles.”… Read more »
New ICCT study: Cost estimates for meeting MPG and pollution standards overstated by 40%
With a new administration in Washington, federal fuel efficiency and emissions standards for vehicle model years 2022-25 are being reconsidered, and automakers have high hopes that those standards will be relaxed. Their main argument for doing so is that the cost of meeting increasingly strict standards will be too high. However, a new study by… Read more »
Southwest Research Institute consortium conducts independent battery benchmarking
Comparing the spec sheets from different parts manufacturers is tricky business for engineers in any industry. However, the advanced battery market seems to be uniquely challenged in this regard. As Tesla CEO Elon Musk often points out, when it comes to batteries, the BS factor is outrageous. Even if you assume that every vendor provides… Read more »
Billionaire Carlos Slim to launch a made-in-Mexico EV
Giant Motors, part of the business empire of Mexican billionaire Carlos Slim Helu, is developing a made-in-Mexico EV, and plans to launch it commercially next year, Forbes Mexico reported. Giant Motors will design the new vehicle, and will manufacture it in a joint venture with Moldex, a subsidiary of giant Mexican bread maker Grupo Bimbo…. Read more »
PG&E launches $500 rebate for EV-driving customers
Pacific Gas and Electric (PG&E), which serves some 16 million people in Northern and Central California, has launched an incentive program for residential electric customers who drive EVs. The Clean Fuel Rebate is a one-time rebate of $500 per vehicle. All PG&E residential customers who own or lease an EV or PHEV are eligible. Through… Read more »