09 May 2022 | Toyota Says BZ4X “May Not Work” If Charging In Cold Weather

May 09, 2022, 11:05 AM

On the podcast today:
·       Germany’s Plugin EV Share Up To 24.3%
·       Toyota Says BZ4X Won’t Fast Charge When Cold
·       Spain: Plug-In Car Sales Maintain 10% Share
·       12.5% of New Light-Duty Vehicle Registrations in California were Plug-in Vehicles
·       China set to remain world's largest NEV market, says BMW CFO
·       Toyota to Invest $624 Million to Make EV Parts in India
·       Ford is selling 8 million Rivian shares
·       Ford Might Have Very Bad News for Rivian
·       BMW's Neue Klasse Platform Will Debut On 3 Series-Sized EV In 2025
·       CarGurus Study Finds Rising Consumer Interest in Electric Vehicles as Gas Prices Spike
·       Bentley Continental GT PHEV spied, shows new step in brand's electrification
·       Cords cut at Tesla charging station in Cincinnati, second time in a week
·       Which New Electric Vehicles Come With Free Charging?

Show #1460

Good morning, good afternoon and good evening wherever you are in the world, welcome to EV News Daily, you trusted source of EV information. It’s Monday 9th May, it’s Martyn Lee here and I go through every EV story so you don't have to.

GERMANY’S PLUGIN EV SHARE UP TO 24.3%

Germany, Europe’s largest auto market, saw plugin electric vehicles take 24.3% share in April 2022, up from 22.1% YoY. Overall auto volume was down, by over 21% YoY, and over 40% compared to pre-pandemic seasonal norms.

April’s combined plugin result comprised 12.3% battery electrics (BEVs), and 12.0% plugin hybrids (PHEVs). 

Combustion-only powertrains faired worst in terms of volume drop, with diesel sales down almost 30% YoY, and petrol down almost 28%.

With current BEV market leader Tesla not having any large scheduled deliveries in April, other marques and models had a chance to shine, with the Fiat 500e coming out on top.

The Mercedes EQB stepped up in registered volume by some 5× over the period, seeing a healthy 1,405 units over the February to April period, from 295 previously. The BMW i4 increased 2.7× to 755 units.

April BEVs: Fiat 500e, BMW i3, Hyundai Kona, Enyaq, E-Tron, Smart Fortwo, Opel Corsa, ID.4, Zoe, E-208, Merc EQB, Kia Niro EV, Dacia Spring, VW e-Up!, Polestar 2, ID.3, Renault Twingo, Audi Q4 e-tron, IONIQ5 and Kia EV6


TOYOTA SAYS BZ4X WON’T FAST CHARGE WHEN COLD

From Kyle Conner @ Out of Spec: 

"Charging times are estimated based on ideal charging conditions. As temperatures decrease below 50 degrees Fahrenheit, charging time will increase significantly. Drive battery level and condition, charger specifications and DC charging more than twice per day also can negatively affect charging time. DC charging may not work on AWD bz4x when the temperature is below 32 degrees Fahrenheit."

That's 5 degrees celsius.


SPAIN: PLUG-IN CAR SALES MAINTAIN 10% SHARE

- plug-in electric car sales in Spain continue to expand at a fast rate. In April, some 6,365 new plug-in cars were registered (up 41% year-over-year), which is 9% of the total.

- The average market share of plug-ins in the recent six months stays above 10%, which is a good foundation for the future. With outstanding conditions for solar electricity generation and unleashed production of BEVs (supported by new battery gigafactory investments in the pipeline), Spain has very high potential for electrification.

- Stats for the month:  BEVs: 1,991 (up 36%, at 2.8% market share) PHEVs: 4,374 (up 43%, at 6.2% market share) Total: 6,365 (up 41%, at 9.0% market share)


12.5% OF NEW LIGHT-DUTY VEHICLE REGISTRATIONS IN CALIFORNIA WERE PLUG-IN VEHICLES

- In California, 12.5% of new light-duty vehicle registrations were plug-in electric vehicles (PEV) in 2021, according to the data released by the Department of Energy (DOE)

- Next highest were the District of Columbia, Hawaii, Washington, and Oregon, which each had PEV registrations accounting for more than 7% of new registrations.

- Additionally, Californians bought roughly 15,000 more EVs during this quarter than last quarter and Q1 of 2022 EV sales are up by 37%, relative to EV sales at this time last year.The market share of electric vehicles in California jumped to 16.32%.


CHINA SET TO REMAIN WORLD'S LARGEST NEV MARKET, SAYS BMW CFO

- China will continue to be the world's largest new energy vehicle (NEV) market for years to come, said Nicolas Peter, chief financial officer (CFO) and member of the Board of Management of BMW AG, in a recent exclusive interview with Xinhua.

- In 2021, NEV sales in China increased by about 170 percent year-on-year. This momentum continued in the first quarter of 2022, when -- despite all the challenges -- the Chinese NEV market posted a 140 percent year-on-year growth.

- On Thursday, the company launched the production of BMW i3, tailormade for the Chinese market, at its new plant, dubbed Lydia, in Shenyang, northeast China. Last month, the company also held the world premiere for its all-electric BMW i7 luxury sedan.


FORD IS SELLING 8 MILLION RIVIAN SHARES

- Ford Motor is selling 8 million of its Rivian Automotive shares, with the insider lockup for the stock of the once high-flying electric vehicle maker set to expire on Sunday, sources told CNBC’s David Faber.

- The automaker currently owns 102 million shares of Rivian. Ford will be selling the shares through Goldman Sachs, sources said.

- Shares of the EV manufacturer have plummeted by more than 50% in the first three months of 2022, reversing course from the fourth quarter, when the company held its stock market debut and saw its value skyrocket.


FORD MIGHT HAVE VERY BAD NEWS FOR RIVIAN

- Amazon owned 17.74% of Rivian as of Dec. 31 and Ford owned 11.42%, according to documents filed with the Securities and Exchange Commission.

- Ford, for its part, posted a net loss of $3.1 billion from January to March. "A net loss of $3.1 billion was primarily attributable to a mark-to-market loss of $5.4 billion on the company’s investment in Rivian. Adjusted earnings before interest and taxes were $2.3 billion," Ford said.

- Rivian shares have slumped 72.2% this year. The market capitalization at Rivian has shrunk by $66.1 billion, to $25.43 billion from Dec. 31 to May 6.

- The R1T is one of the main rivals of the F-150 Lightning, the electric version of the F-150 pickup.


BMW'S NEUE KLASSE PLATFORM WILL DEBUT ON 3 SERIES-SIZED EV IN 2025

CARGURUS STUDY FINDS RISING CONSUMER INTEREST IN ELECTRIC VEHICLES AS GAS PRICES SPIKE

Original Source : https://finance.yahoo.com/news/cargurus-study-finds-rising-consumer-130000267.html

BENTLEY CONTINENTAL GT PHEV SPIED, SHOWS NEW STEP IN BRAND'S ELECTRIFICATION


CORDS CUT AT TESLA CHARGING STATION IN CINCINNATI, SECOND TIME IN A WEEK


WHICH NEW ELECTRIC VEHICLES COME WITH FREE CHARGING?

2022 Audi E-Tron GT
2022 Audi E-Tron and Q4 E-Tron
2022 BMW i4 Gran Coupe and iX
2022 Chevrolet Bolt EV and Bolt EUV
2021-22 Ford Mustang Mach-E and 2022 F-150 Lightning
2022 Hyundai Ioniq 5
2022 Hyundai Kona Electric and 2021 Ioniq Electric
2022 Kia EV6
2022 Lucid Air
2022 Mazda MX-30
2022 Mercedes-Benz EQS, 2022 EQB and 2023 EQE  
2023 Nissan Ariya
2022 Nissan Leaf
2021-22 Polestar 2
2022 Porsche Taycan and Taycan Cross Turismo
2022 Rivian R1T and R1S
2023 Toyota bZ4X
2022 Volkswagen ID.4        
2022 Volvo C40 Recharge and XC40 Recharge



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