02 June 2020 | First Alfa Romeo Electric SUV
Porsche Chairman is 'optimistic' about post-COVID-19 Taycan sales | First Alfa Romeo Electric SUV Details Emerge | The electric bikes that could genuinely replace your car | BYD Enters EV Passenger Car Market In Colombia | Tesla starts digging at Giga-Berlin | Falling costs bring autos, power ‘on the verge’ of the battery age | Suncor CEO says electric vehicles could disrupt oil demand as significantly as coronavirus | French Electric Vehicle Market Share At 7.5% In May, 9.2% Year To Date
Show #797
Good morning, good afternoon and good evening wherever you are in the world, welcome to EV News Daily for Tuesday 2nd June 2020. It’s Martyn Lee here and I go through every EV story so you don't have to.
Thank you to MYEV.com for helping make this show, they’ve built the first marketplace specifically for Electric Vehicles. It’s a totally free marketplace that simplifies the buying and selling process, and help you learn about EVs along the way too.
PORSCHE CHAIRMAN IS 'OPTIMISTIC' ABOUT POST-COVID-19 TAYCAN SALES
"Chairman of the Executive Board of Porsche AG Oliver Blume, who remains confident that Porsche will not only weather the current economic storms, but can come out stronger." Reports Roadshow by CNET: "Blume said that Porsche sales in the first quarter were down approximately five percent, admitting the overall impact on the first half of the year will be "maybe more heavy." However, he said, there are signs of light. "[We're] looking optimistic[ally] towards the future, and the response we are getting from the market. The order intakes are coming up, so it's too early to predict if we will have at the end of the year a 10% effect." However, the Taycan remains sold out for all of 2020 and, with its release in China, Blume is again optimistic. "I think it was a perfect start for Porsche to the electric era."
https://www.cnet.com/roadshow/news/porsche-coronavirus-taycan/
FIRST ALFA ROMEO ELECTRIC SUV DETAILS EMERGE
"One of Alfa Romeo's upcoming new SUVs will be the production version of the Tonale compact SUV concept that debuted at Geneva last year. According to Autocar, the Alfa Romeo Tonale will be joined by a new compact electric SUV to get the company's sales performance back on track. This will also be the automaker's first-ever electric production vehicle, though it won't be its first electrified model: when the Tonale launches in 2021, it will be offered as a plug-in hybrid." According to CarBuzz: "In terms of size, Alfa Romeo's electric SUV will be positioned below the Tonale and have similar proportions to the Audi Q2. The Audi Q2 isn't sold in the US, so Alfa Romeo's compact SUV could be too small for the American market. While the Tonale will share the same plug-in hybrid powertrain as the Jeep Compass, the electric Alfa Romeo will be the first FCA car to use technology gained from the merger with PSA. It's expected to utilize a version of PSA's eCMP platform that underpins electric versions of the Peugeot 208, Peugeot 2008, Vauxhall Corsa, and DS 3 Crossback."
https://carbuzz.com/news/first-alfa-romeo-electric-suv-details-emerge
THE ELECTRIC BIKES THAT COULD GENUINELY REPLACE YOUR CAR
"because of the coronavirus pandemic our hunger for owning electric bikes has been increasing so much that many cycling outlets are reporting that they can't get new stock fast enough. A recent survey of 20,000 motorists by the Automobile Association in the UK revealed that 40% of people intended to drive less in the foreseeable future. Meanwhile demand on the other side of the Atlantic appears similarly enthusiastic." Reports Techradar: "There are plenty of recent additions to the ebike marketplace, including the funky folding bike that is the GoCycle GX, the great Ampler Curt all-rounder or the beefy Specialized Turbo Vado 4.0 that can justify you leaving the car at home altogether. If keeping costs down is the main issue for you then something like the Gtech Sport or the Gtech eBike City are good value starting points."
https://www.techradar.com/news/the-electric-bikes-that-could-genuinely-replace-your-car
BYD ENTERS EV PASSENGER CAR MARKET IN COLOMBIA
"After BYD announced an expansion to Europe, now the Chinese company is starting electric car sales also in Colombia. That's another market outside China, so maybe at some point in the future BYD will enter the U.S. too?" Says InsideEVs.
BYD Tang BEV 600D:
82.8 kWh battery
up to 500 km (310 miles) NEDC and up to 600 km (373 miles) at constant low speed
0-100 km/h (62 mph) in 4.4-4.6 seconds depending on version
0-50 km/h (31 mph) in 1.9-2.0 seconds depending on version
all-wheel drive
system output 360 kW (two 180 kW and 330 Nm electric motors - one per axle)
https://insideevs.com/news/426366/byd-enters-colombia-ev-passenger-cars/
TESLA STARTS DIGGING AT GIGA-BERLIN
"Now that Tesla received approval for foundation work from the Brandenburg State Office for the Environment, the work has now apparently begun in the usual rapid Tesla-tempo. A new drone video shows the first excavation works." Writes electrive: "“…we can say that Tesla has broken ground now”, the Twitter-user wrote to the uploaded drone video. Excavators started digging a large pit during the Pentecost weekend just past. As yet, no word from Tesla on this. As with the clearing, Tesla is carrying out all work at its own risk: If the entire project is not approved, Tesla must remove the foundations at its own expense. It is not yet clear when the building application will be approved since the hearings on the 370 objections to the building project could not take place as planned in March due to the Covid-19 pandemic."
https://www.electrive.com/2020/06/02/tesla-starts-digging-at-giga-berlin/
FALLING COSTS BRING AUTOS, POWER ‘ON THE VERGE’ OF THE BATTERY AGE
"With a steady run of design improvements, analyst are now projecting the price of battery-powered engines to be on par with internal combustion engines within three years. Elon Musk, founder of the electric car maker Tesla, has suggested that point could come even sooner, telling analysts recently that a coming battery announcement by the company will “blow your mind.”" Reports Washington Chronicle: "Even Energy Secretary Dan Brouillette, hardly a foe of fossil fuels, is touting the lithium-ion battery’s ability to soon be deployed across the U.S. power grid.
“I think we’re on the verge of solving grid-scale batteries,” he said in an interview earlier this month.But battery evangelists, citing the technological advances made over the past decade, maintain shifting the world’s transportation sectors to electric vehicles, while logistically challenging, is more than possible. Tesla’s next big announcement was scheduled to take place this week in Texas or New York, with reports the company is already able to produce a battery at a cost on par with internal combustion engines, which would allow Musk to reduce the price of his already best selling Model 3 electric vehicle to compete with gasoline models."
SUNCOR CEO SAYS ELECTRIC VEHICLES COULD DISRUPT OIL DEMAND AS SIGNIFICANTLY AS CORONAVIRUS
"The shift to electric vehicles and other low-carbon technologies could disrupt crude oil demand on a similar scale to the coronavirus pandemic, Suncor Energy Inc’s chief executive said on Monday." Says The Globe and Mail: "The comments are a stark prediction in an industry that frequently downplays the impact of electrification and points to forecasts of rising global oil demand to justify new investment and pipeline expansions. Canada is the world’s fourth-largest oil producer and the sector accounts for 10.6 per cent of the country’s gross domestic product. The sector also faces mounting pressure from a growing number of investors who screen companies based on environmental, social and governance guidelines. Norway’s $1 trillion wealth fund in May blacklisted Suncor and other large oil sands producers for producing excessive greenhouse gas emissions."
FRENCH ELECTRIC VEHICLE MARKET SHARE AT 7.5% IN MAY, 9.2% YEAR TO DATE
"France saw a plugin electric vehicle market share of 7.5% in May 2020, triple the May 2019 result, in a steadily recovering overall auto market that is down 50% year on year (YoY). The cumulative 2020 EV result stands at 9.2% share." Says Max Holland for cleantechnica: "the Peugeot e-208, Renault Zoe, and Tesla Model 3 were the favourites. There’s an additional boost to the long-standing cash-for-clunkers program, with owners of older polluting vehicles (roughly pre-2006 petrols and pre-2011 diesels) able to get a €5000 trade-in bonus when buying a plugin electric vehicle. The boosted trade-in bonus is limited to a maximum of 200,000 vehicles, and has an income cap that ensures 75% of French households are eligible to participate. The trade-in bonus is stackable with the above incentives, for up to €12,000 off the price of a new BEV."
QUESTION OF THE WEEK
Critics say EVs are on the for the rich, so what do you view as ‘affordable’ prices?
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