16 Nov 2019 | BMW i4 Specs, VW Increase EV Spending To 60 Billion and Polestar Leasing Offers
BMW i4 First Specs Leaked: 530 Hp, 373 Miles Of Range | Volkswagen Group To Invest €60bn In Hybridization, Electric Mobility And Digitalization | Tesla Model 3 Performance’s 0-60 Mph Acceleration |Tesla Model 3 Mid-Range Now Goes 0-60mph In 4.9s | Tesla Model 3 Motor Trend Car Of The Year? | Polestar Details New Leasing Offers
Show #643
Good morning, good afternoon and good evening wherever you are in the world, welcome to EV News Daily for Saturday 16th November 2019. It’s Martyn Lee here and I go through every EV story to save you time.
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BMW I4 FIRST SPECS LEAKED: 530 HP, 373 MILES OF RANGE
"The BMW i4 EV will go into production in 2021, part of the automaker's big offensive to launch 25 new electrified vehicles by 2023. The i4 will be BMW's proper competitor to the Tesla Model 3, and based on new information Roadshow learned on Thursday, it should put up a proper fight." according to CNET: "The BMW i4 will initially be powered by an 80-kilowatt-hour battery, producing about 390 kilowatts, or roughly 530 horsepower. Accelerating to 62 mph will take about 4 seconds flat, and the i4 will have an electronically limited top speed of 120 mph.The i4 will use BMW's new, so-called Generation 5 battery packs, which are significantly smaller than the Generation 3 and 4 packs used in the company's current EVs. This makes the cells easier to package in the vehicle's floor, and allows them to be more easily scaled for smaller or larger applications. These Generation 5 batteries are also stronger, meaning they can better handle fast-charging situations. BMW says that, on a 150-kW DC fast charger, the i4 should be able to achieve an 80% charge in about 35 minutes."
https://www.cnet.com/roadshow/news/2021-bmw-i4-official-details/
VOLKSWAGEN GROUP TO INVEST ~€60B IN HYBRIDIZATION, ELECTRIC MOBILITY AND DIGITALIZATION OVER NEXT 5 YEARS
"Under the Volkswagen Group’s Planning Round 68, the investment plan for 2020 to 2024, the Group plans to spend nearly €60 billion (US$66 billion) on the future areas of hybridization, electric mobility and digitalization over the next five years."
This amounts to slightly more than 40% of the company’s investments in property, plant and equipment and all research and development costs during the planning period. Compared with the Group’s last Planning Round, it represents an increase of around 10 percentage points. The Group intends to invest around €33 billion (US$36 billion) of this figure in electric mobility alone."
"About 20 million of the e-vehicles planned through 2029 will be based on the Group’s Modular Electric Drive Matrix (MEB). Most of the remaining 6 million vehicles will be based on the High Performance Platform (PPE)."
https://www.greencarcongress.com/2019/11/20191115-vwag.html
TESLA MODEL 3 PERFORMANCE’S 0-60 MPH ACCELERATION
"Tesla Model 3 Performance vehicles are getting faster 0-60 mph acceleration through the latest power optimization software update." says Electrek: "There are now reports that the Model 3 Performance’s 0-60 mph time has dipped below the 3-second mark. We have seen the update make a difference in drag races between a Model 3 Performance that received the update versus one that didn’t, but now we get some new impressive numbers about the performance after the upgrade. In the previous race, the owner said that the vehicle was getting a 3.2-second, 0-60 mph acceleration, which was already a significant improvement. Now DragTimes reports that the Model 3 Performance is getting a 0-60 mph acceleration time just under 3 seconds"
TESLA MODEL 3 MID-RANGE NOW GOES 0-60MPH IN 4.9S
"When Tesla released the Mid-Range Model 3, it was positioned as an entry-level vehicle that is designed to provide a practical, reasonably-priced way for customers to get into the company’s ecosystem. The Mid-Range Model 3 was thus conservatively specced, with performance figures that were closer to that of the Standard Range Model 3 than the more expensive Long Range AWD variant." reports Simon at Teslarati: "The Mid-Range Model 3 was ultimately retired upon the arrival of the Standard Range and Standard Range Plus. Tesla owner-enthusiast nukem384, who owns a Mid-Range Model 3, recently tested his vehicle’s acceleration after receiving the electric car maker’s most recent performance update. In the Tesla owner’s tests, the Mid-Range Model 3 was able to sprint from 0-60 mph in 4.9 seconds consistently."
TESLA MODEL 3 MOTOR TREND CAR OF THE YEAR?
"Not only did Motor Trend (MT) choose the Tesla Model 3 as one of three finalists for its 2020 Car of the Year award, but it also calls the entry-level Tesla midsize sedan the best sport sedan available today." says Steven Loveday at InsideEVs.
According to MotorTrend:
"The 2020 Model 3 is the best sport sedan on the market. The 2020 Model 3’s interior design continues to be modern and minimalistic, but it’s elegant in its simplicity. The 2020 Model 3’s seats offer more bolstering, and rear passengers now enjoy a more ergonomic position, as the bench has been raised for improved comfort. In terms of driving, the Model 3 offers impressive dynamic performance as well as battery-pack range that continues to be the benchmark for electric vehicles."
https://insideevs.com/news/382549/tesla-model-3-motor-trend-car-year/
POLESTAR DETAILS NEW LEASING OFFERS
"Volvo’s luxury branch Polestar now offers its first electric model with new leasing rates in Sweden and Germany. The Polestar 2 starts from €599 a month in Germany based on 48 months and mileage of 10,000 kilometres per year." says Electrive: "Polestar also covers routine maintenance and services, including electric vehicle collection and delivery for the first three years. Polestar follows a unique (or Tesla-like) sales concept with sales being made online and in so-called Polestar Spaces. By the end of 2020, Polestar aims to open a total of 50 stores worldwide. Thomas Ingenlath, Polestar CEO, considers the new leasing offers to have “competitive conditions and good specifications,” designed to rival the Tesla Model 3."
https://www.electrive.com/2019/11/15/polestar-details-new-leasing-offers-for-first-electric-car/
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