Tag Archives: EV

Crowdfunding started for the fastest three-wheeled electric car | Instant News


Daymak, Toronto light vehicle manufacturer electric car, Started a crowdfunding campaign for the ultimate three-wheel EV, with a 0-100 km/h time of approximately 1.8 seconds and a battery life of 480 km.

Called spirit, Tricycle It is one of the six cars in Daymak’s ambitious Avvenire series, which includes electric bicycles, recumbent bicycles, AWD electric scooters, ATVs and high-performance EVs capable of flying. Daymak already has extensive experience in selling electric bicycles and scooters, so they are trying to buy more high-end sports cars.

The Spiritus is a two-seater coupe with only three wheels, which looks like a science fiction dream come true. It has two configurations: Ultimate mode is the most boastful, with 1.8 seconds 0-100 km/h time and an 80 kWh battery is expected to achieve a cruising range of 480 km. All three wheels are driven to make this acceleration possible. At the same time, the battery is provided by Extreme Vehicle Battery Technologies. The Ultimate model also has seven screens, four cameras, four airbags, and even solar panels on the roof and console. It is expected to cost an impressive $149,000 USD.

More modest luxury models start at $19,999 and look cool, if not so spectacular. It uses a 36 kWh battery with a capacity of 290 km and sprints at a speed of 0-100 km/h for about 7 seconds.

Those interested in these vehicles are encouraged to invest at least $100 from now until July 23, 2021. This cash allows you to make reservations and purchases at a lower price when the vehicle goes into production in 2023. It also includes a $100 coupon for all vehicles that Daymak currently sells electric bikes or small EVs. Overall, Daymak hopes to have at least 50,000 such deposits to make Spiritus a reality.

This is a serious number. We will pay close attention to the Canadian electric car innovator and whether this three-wheel speed regulating motor will be on the road soon. Our experience on tricycles has shown that they are not so popular, and as the price approaches the car sector, people may just choose this hybrid car for EV vehicles. Despite this, electric bicycles are still very popular in urban environments, and electric car enthusiasts are very excited about this type of mobility solution, so time will tell how many people open their wallets to Daymak.

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Tesla faces a race with Volkswagen as the German auto giant targets the cost of batteries and new gigafactories | Instant News


The race to dominate the electric vehicle industry may be tighter as Volkswagen, Germany’s auto giant and looming rival Tesla, revealed plans on Monday to reduce battery costs and operate an extensive charging network.

The first-ever “Power Day” reminds us of electric car maker Tesla
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Much-loved “Battery Day”, the German group which owns the Volkswagen, Audi and Porsche brands said it will rely on six gigafactories in Europe to secure supplies as the industry faces looming shortages.

Shares in the Volkswagen Group
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surged about 3% on Monday as the company’s top executives outlined a road map for technology expansion.

Electric vehicles have become the company’s “core business” in Wolfsburg, Germany, said Herbert Diess, chairman of the group’s management board, and his new plans come as the battle for domination of the fast-growing electric vehicle space heats up.

Also read: Forget about Nio and XPeng. This company and Tesla will be the top two electric vehicle games by 2025, said UBS.

According to analysts at UBS, EVs could achieve 100% penetration of the auto market by 2040. Over the next few years, Swiss banks project that Volkswagen and Tesla will emerge as market leaders, with German companies expected to catch up with Tesla. in terms of the total volume of electric vehicles sold next year.

Volkswagen eliminated Tesla from its top ranking in the European EV market in 2020 and now has a 20% to 25% market share in this key region. Europe is the second largest electric vehicle market in the world after China, which is home to domestic EV manufacturers including Nio
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and WORLD
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As auto companies scramble to pivot across sectors for electric mobility, UBS said it expects that the supply of battery cells needed to meet demand will face “regional tightness this year and global shortages by 2025.”

To secure the batteries needed for expansion, Volkswagen said it would rely on six gigafactors by 2030. The first plants will be in the Swedish cities of Salzgitter and Skellefteå, where Volkswagen is building a plant with partner Northvolt.

Read more: Volkswagen and Goldman Sachs-backed Northvolt takes over Cuberg Silicon Valley as the electric vehicle battery race heats up

Northvolt said on Monday that it had received a $ 14 billion order from Volkswagen for premium battery cells. The German group also increased its stake in the Swedish company, which was founded by former Tesla employees with supporters including Goldman Sachs.
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and Spotify
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Chief Executive Daniel Ek.

In addition, Volkswagen said it would seek to lower its battery costs – a key factor in lowering total vehicle costs – by up to 50% over the next decade.

Cost savings of some form will be seen from 2023 onwards, Volkswagen said, as the group plans to launch a new integrated battery cell that will be installed in 80% of its electric vehicles by 2030.

“We aim to reduce the cost and complexity of a battery and at the same time increase its range and performance,” said Thomas Schmall, Volkswagen technology board member and head of its technology roadmap. “This will ultimately make e-mobility affordable and become the dominant driving technology.”

Plus: Buy these 3 stock batteries to play at the electric vehicle party, but stay away from these companies, says UBS

To support broad consumer adoption of electric vehicles, Volkswagen plans to increase its European vehicle charging network fivefold by 2025. In the next few years, the company aims to operate 18,000 public fast charging points, including 8,000 in partnership with major oil company BP.
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Volkswagen will build 3,500 more charging points in North America by the end of 2021 through its US subsidiary Electrify America, as well as 17,000 charging points in China by 2025 through a joint venture.

Automotive analyst Matthias Schmidt told MarketWatch that “giants” like Volkswagen “are slowly getting up and starting to show that size matters in terms of the future of electricity [that] the rules forced their entry. ”

More: Tesla is on the decline, SUVs are king, and there is more insight from this premier electric vehicle market

European carmakers are being pushed to produce more electric vehicles under threat of hundreds of millions of euros in fines from the European Union over binding fleet emissions targets.

The race towards electric mobility is also supported on the demand side, with many European governments offering thousands of dollars in tax breaks and subsidies for consumers to choose electric vehicles.

“VW announced a large cost advantage from increased production, deciding to integrate vertically in helping to cut BEV costs towards a price balance, which is critical after subsidy scaffolding is slowly being removed,” said Schmidt, who is also the publisher. European Electric Car Report.

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The pure electric Polestar 2 is coming to New Zealand – but don’t call it Volvo – news | Instant News


Polestar, Volvo’s dedicated Electric Vehicle (EV) brand, will make a major expansion this year. The company has announced plans to sell the Polestar 2 Battery Electric Vehicle (BEV) in five new markets in the Asia Pacific region this year – including New Zealand.

Polestar was once Volvo’s motorsport division (now called Cyan Racing), which has also contributed to improvements for certain Volvo road cars such as the XC60 T8 Polestar Engineered.

But in 2017, the Polestar brand was transferred to a new company founded by Volvo and parent company Geely Holding to design and manufacture high-end EVs.

Its first product is the Polestar 1, a low-volume plug-in Hybrid Electric Vehicle (PHEV) GT with 1000Nm, a carbon fiber body, and 124 km of electric range – the world’s longest PHEV.

The Polestar 2 aimed at NZ is a little more general: the purely electric “fastback” SUV launched last year with an AWD 300kW / 660Nm powertrain and a maximum range of 470 km.

There’s an even faster SUV on the road too: the Polestar 3.

“This brand is gathering real momentum, and it’s great to be able to expand with Polestar 2 outside of our initial global markets in China, North America and Europe,” said Thomas Ingenlath, CEO of Polestar.

But please don’t call Polestar a Volvo. The company is determined to go completely apart (Volvo will have its own series of BEVs in the future), including marketing and distribution.

“Polestar is an independent company and will not be operated by an existing local Volvo Cars company,” the company said. “However, the Volvo Cars company in this market can assist in the formation of the brand, as well as with the service and maintenance of Polestar vehicles.

“Local Polestar organizations and partner agreements will form in this market during 2021.”

While it seems there is no need to think about having Polestar handled by Volvo in a small market like NZ, so far there has been no decisive comment from Volvo’s local branch.

Other new Asia Pacific markets are South Korea, Singapore, Hong Kong and Australia.

Polestar’s official footprint will cover 18 countries by 2022.

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Small Volkswagen E-Up Shocks Tesla To Claim The Top EV Place In Germany | Instant News


The best-selling electric vehicle (EV) in Europe’s fastest growing EV market is not Tesla

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and it’s not Volkswagen’s much-loved ID.3 hold either. This is the Volkswagen Up.

A What?

A Volkswagen Up (or, in Volkswagen’s handwriting, an Up!).

Figures just released by Germany’s KBA show the plug-in hybrid (PHEV) and EV market growing rapidly year over year, with Small Up leading the way with sales of 2,215 EVs in February alone.

Far from walking on Volkswagen’s soon-to-be ubiquitous MEB (Modular Electric Matrix) EV architecture, the e-Up is based on a stand-alone platform engineered just for the Up.

Although no longer in production, Up has shown a pair of high heels for Tesla and his colleagues themselves.

Proving that the European EV market will be a very different monster from the US and China, the four-door Up is only 3600mm (142 inches) long and carries a 32.3kW / hr lithium-ion battery.

It provides a distance of only 205km (127 miles) and can be recharged at a maximum speed of 40kW to revisit the 61kW / 210Nm electric motor. Even so, Up 1235kg (2722lb) took 11.9 seconds to reach 100 km / h (62mph).

The appeal of the e-Up lies in its price tag of 21,421 euros.

Another attraction, said a Volkswagen spokesperson, is the cork-in-the-bottle effect of pre-orders that the company can’t fulfill due to a battery shortage. The battery has now been installed into previously made cars and has been rapidly expanding through brand dealers.

A total of 18,278 new EVs were registered in Germany, giving the EV segment up 124% year-on-year on a month with the overall market dropping 19% to 194,349.

EVs now control 9.4% of the German auto market, and plug-in hybrids (PHEV) are also up to 162% to control 11.3% of the market with 21,879 cars, joining forces to reduce CO2 emissions by 15.4% to 126.5 grams. / km.

Sales of gasoline cars fell 41.4% and diesel engines fell 35%, seeing sales fall to a 25.4% low of the overall market.

ID.3 ran into the opposite problem with Up, with Volkswagen putting the stopper back in the bottle after helping with CO2 figures by the end of 2020. The car is set to make a major software upgrade later this month and dealers across Germany are advised to do so. hold the car until all cars have been flashed.

Even so, ID.3 found 1892 homes in February, placing it third behind the Model 3 Tesla (1918 sales). Tesla needed good news. It sold only one Model S and seven Model Xs in Germany in February.

Model 3 now through 2371 for this year; way behind E-Up (3661) and ID.3 (3691).

Sales figures show Volkswagen also sells 248 ID.4 SUVs, but a Volkswagen spokesperson acknowledges that they are all car dealerships, with ID.4 waiting for the same flash software as ID.3.

Retirement-age E-Golf still manages 381 sales, making February an excellent month for the German brand with 4,754 sales.

Renault’s Zoe posted 1424 sales to fourth place, while the Hyundai Kona (1315) and Smart ForTwo came in sixth place in 1245.

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