What U.S. Election Result Means for EVs
What U.S. Politics Means for EVs | China Car Sales Keep on Trucking in Pandemic Recovery | Chinese autonomous truck startup Inceptio raises $120 mln from CATL | Tesla's Shanghai Super Factory plans to produce about 550,000 vehicles | Tesla announces it deployed 20,000th charger | NIO Launches the 100 kWh Battery with Flexible Battery Upgrade Plans | MG Brand Returns To Ireland With Plug-In Only Lineup | DTM Electric set for start in 2023 | Major UK fleet operators renew call for ICE ban by 2030
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On today’s podcast:
- What U.S. Politics Means for EVs
- China Car Sales Keep on Trucking in Pandemic Recovery
- Chinese autonomous truck startup Inceptio raises $120 mln from CATL
- Tesla's Shanghai Super Factory plans to produce about 550,000 vehicles
- Tesla announces it deployed 20,000th charger
- NIO Launches the 100 kWh Battery with Flexible Battery Upgrade Plans
- MG Brand Returns To Ireland With Plug-In Only Lineup
- DTM Electric set for start in 2023
- Major UK fleet operators renew call for ICE ban by 2030
Show #926
Good morning, good afternoon and good evening wherever you are in the world, welcome to EV News Daily. It’s Martyn Lee here and I go through every EV story so you don't have to.
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WHAT U.S. POLITICS MEANS FOR EVS
From Reuters: "Biden is expected to quickly reinstate the legal basis for California’s zero-emission vehicle rules and begin the process of reversing the Trump administration’s decision to ease fuel efficiency and carbon emission requirements through 2025. Automakers could also face sharply higher penalties for failing to meet fuel-efficiency requirements. The Trump administration rolled back those penalties, which the industry said saved at least $1 billion in annual compliance costs, but a federal appeals court in August reversed the administration action."
https://www.reuters.com/article/usa-election-autos-biden-idUSKBN27608S
That said, Biden is also looking to bolster the EV economy in ways that appeal to automakers: via tax incentives for buyers as well as the development of a more comprehensive national charging infrastructure according to Jalopnik.
"General Motors and Ford, the two largest automakers based in the United States, issued statements Saturday saying they look forward to working with President-elect Joe Biden's incoming administration on policies to support U.S. manufacturing and other issues. " asys Autoblog.
As per the Detroit Free PRess: Ford Motor Co. offered congratulations to Biden, along with all winners of the election, according to a statement from spokeswoman Rachel McCleery. "It is our hope these leaders will focus on bringing the country together and pursue policies that encourage U.S. manufacturing, sustainability and global economic stability". General Motors also called for policies to support their endeavor, according to a statement from spokeswoman Jeannine Givivan. “We look forward to working with the new administration and incoming Congress on policies that support our customers, dealers and employees, help strengthen our manufacturing presence in the United States and advance our vision of an all-electric, zero-emissions future,” she said.
https://www.autoblog.com/2020/11/07/ford-gm-statements-biden-harris-president/
Revisiting fuel economy requirements
- Expanding and extending the EV tax credit ($250,000 limite to claim)
- An accelerated conversion of public vehicle fleets to all-electric
- More charging infrastructure
- Fewer charging deserts and “energy poverty”
- A cleaner grid for rural America
- Helping finance the EV-manufacturing transition
- Nurturing smaller U.S. EV companies
- Returning to tariff stability
CHINA CAR SALES KEEP ON TRUCKING IN PANDEMIC RECOVERY
"Car sales continued to recover in China last month as the coronavirus pandemic eased in the country and electric vehicles won more users. Retail sales of cars, SUVs and multiple-purpose vehicles increased 8% from a year earlier to 2.02 million units in October, the China Passenger Car Association said Monday. Wholesales of new energy vehicles, which includes electric cars, more than doubled to 144,000 units." writes Bloomberg today on MSN Money: "Electric vehicles are cementing their role as one growth driver, helped by incentives such as purchase subsidies. Sales of new energy vehicles -- which include pure battery EVs, fuel-cell cars and plug-in hybrids -- are expected to rise to about 1.1 million units this year, according to China Association of Automobile Manufacturers."
CHINESE AUTONOMOUS TRUCK STARTUP INCEPTIO RAISES $120 MLN FROM CATL
"China’s Inceptio Technology, a startup developing self-driving trucks, said on Monday it has raised $120 million in its latest funding led by top Chinese electric vehicle battery maker CATL." repotr REuters: "CATL, which supplies Volkswagen and Tesla , is working with truck makers to develop a business model for electric trucks using its battery-swapping technologies."
https://www.reuters.com/article/inceptio-autonomous-idUSL1N2HU0DG
TESLA'S SHANGHAI SUPER FACTORY PLANS TO PRODUCE ABOUT 550,000 VEHICLES
"Tesla’s Giga Shanghai factory plans to produce roughly 550,000 cars in 2021, according to industry insiders speaking to Chinese website 36kr.com (via Reddit). According to an unnamed source, Tesla plans to produce 300,000 Model 3 and 250,000 Model Y units, with order requests apparently already sent to component suppliers." reports TeslaNorth.com: "While Tesla’s Shanghai factory has a planned capacity of 150,000 units in 2020, next year’s more than three-times increase is due to the second phase of the Gigafactory being completed, set to produce Model Y. 36kr.com says insiders predict Tesla’s global sales next year to hit about 900,000 units—with Giga Shanghai taking on more than half of production. Tesla said this year it hopes to achieve 500,000 cars produced in a single year for the first time in its history."
TESLA ANNOUNCES IT DEPLOYED 20,000TH CHARGER
"Tesla announced today that the Supercharger network has now reached a total of 20,000 stalls around the world. Last year, Tesla finally launched the Supercharger V3 and picked up Supercharger installations around the world. At the end of last year, Tesla had over 15,000 Superchargers installed at 1,716 locations around the world. Now Tesla is announcing today that it has deployed its 20,000th Supercharger" says electrek: "The rate of deployment is important since Tesla is trying to keep up its infrastructure capacity with the new record vehicle deliveries it is currently achieving. The capacity of the network is also increasing faster with each station thanks to the higher charging output of Supercharger V3, which is reducing the time spent per charging session."
https://electrek.co/2020/11/08/tesla-announces-20000th-charger-supercharger-network/
NIO LAUNCHES THE 100 KWH BATTERY WITH FLEXIBLE BATTERY UPGRADE PLANS
The 100 kWh battery features thermal propagation prevention, highly integrated design, all climate thermal management and the bi-directional cloud BMS
The battery upgrade plan benefits all NIO users with flexible monthly or yearly upgrade options for better affordability
Bettered Battery as a Service BaaS with battery subscription for 100 kWh battery
NIO models with the 100 kWh battery will be available for pre-order starting November 7, 2020. Users of the 70 kWh battery can choose to either purchase the new battery for a permanent upgrade, or flexibly upgrade to it for RMB 880 per month or RMB 7,980 per year. The flexible monthly and yearly battery upgrade is a bold innovation by NIO to cater to users’ diverse travel needs in different scenarios.
Prior to the 100 kWh battery, NIO had already launched BaaS for the 70 kWh battery. Users who choose a NIO model with BaaS do not need to buy the battery, instead, they can subscribe to batteries of different capacity and pay the battery fee on a monthly basis in accordance with their actual needs. Users who buy a NIO car with the 70 kWh battery with BaaS can immediately enjoy RMB 70,000 off the price and only RMB 980 per month for the battery subscription. For the purchase of a NIO car with the 100 kWh battery with BaaS, RMB 128,000 will be reduced from the car price with a monthly battery subscription fee of RMB 1,480 per month.
As of today, NIO has already deployed 158 battery swap stations nationwide. Together, they have served users with over 1.18 million battery swaps. In combination with NIO's Power Swap, Power Charger and other power services, the 100 kWh battery will make users' travel more convenient.
https://www.nio.com/news/nio-launches-100-kwh-battery-flexible-battery-upgrade-plans
MG BRAND RETURNS TO IRELAND WITH PLUG-IN ONLY LINEUP
"MG is in the process of expansion in Europe and the most recent new market is Ireland, where the company intends to offer only plug-in models. All three models - the all-electric MG ZS EV and new MG5 EV, as well as the plug-in hybrid MG HS Plug-in - will be sold starting this month. ZS EV will be introduced first." according to InsideEVs
DTM ELECTRIC SET FOR START IN 2023
"The DTM Electric is set for introduction in 2023 and a first prototype race car was shown during the 2020 season finale at Hockenheim." says Touring Car Timnes: "The car, featuring 1200hp, has been developed in cooperation between the DTM organisation ITR and industrial supplier Schaeffler. Development of the prototype – that has been driven by DTM champions Timo Scheider and Hans-Joachim Stuck, as well as Formula E racer Daniel Abt and F3 racer Sophia Flörsch – will continue during 2021 in preparation for a planned series start in 2023. The plan for the series is to have sprint races of 30 minutes with the possibility of automated battery changes during mandatory pit stops."
https://www.touringcartimes.com/2020/11/06/dtm-electric-set-start-2023/
MAJOR UK FLEET OPERATORS RENEW CALL FOR ICE BAN BY 2030
"The UK’s four biggest fleet operators, BT and Openreach, Centrica, DPD UK and Royal Mail, today called on the British Government to commit to 100% electric vehicle sales by 2030. The demand comes trough the UK Electric Fleets Coalition, run by The Climate Group." according to electrive: "Collectively, the Coalition operates more than 500,000 vehicles and founding members had pledged as early as in 2018 to electrify their fleets. On top of the Climate Pledge, the extra Alliance lobbies the British Government to adopt a 2030 end date to the purchasing of new petrol and diesel cars, a policy that is currently under review as reported."
https://www.electrive.com/2020/11/06/major-uk-fleet-operators-renew-call-for-ice-ban-by-2030/
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