05 August 2020 | Sony’s EV Hits Tokyo Streets For Testing

Show #859

 

Good morning, good afternoon and good evening wherever you are in the world, welcome to EV News Daily for Wednesday 5th August 2020. It’s Martyn Lee here and I go through every EV story so you don't have to.

 

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LEXUS UX 300E ORDER LAUNCH IN NORWAY

"With the reservation start for the Lexus UX 300e in Norway, we now have a first idea of the prices of the first BEV series model of the Toyota subsidiary. Prices will start at the equivalent of around 38,000 euros." writes electrive: "The Lexus UX 300e will be available in Norway in three different versions (Comfort, Premium and Luxury), with the basic Comfort version having a list price of 410,120 kroner, which is equivalent to around 38,000 euros. The “Premium” version costs 449,800 kroner (41,900 euros), while Lexus has priced in the ‘Luxury’ version at 495,800 kroner (46,200 euros). In Norway, electric cars are exempt from VAT and the new car tax. The prices are therefore not transferable to other European markets.  On the Norwegian website, Lexus states the range of the electric SUV as “at least” 300 kilometres according to WLTP,  deliveries are to start in the fourth quarter of 2020."

 

In Norway the Model 3 SR+ is 431,000kr for 409km.

 

https://www.electrive.com/2020/08/04/lexus-ux-300e-order-launch-in-norway/

 

CADILLAC TO UNVEIL THE LYRIQ, ITS FIRST ALL-ELECTRIC MODEL

"On Thursday night, General Motors' luxury Cadillac unit will unveil the Lyriq, a crossover that marks Cadillac's first foray into all-electric models. The Lyriq will also be GM's first electric vehicle that uses the automaker's new Ultium battery system." says AXIOS: " Edmunds analyst Jessica Caldwell, in comments circulated to reporters, says it will be a "challenging launch for Cadillac" — a brand she said has been trying for years to boost its image. "Although other aspirational luxury brands have already taken a pass at the [electric vehicle] space with electric SUV variants, no other automaker besides Tesla has tasted the joy of success in terms of sales and demand," she said. "If Cadillac does it right and can get consumers to view the Lyriq as competitive with Tesla and other European luxury brands, this could help give the brand a push in the right direction."

 

https://www.axios.com/cadillac-lyriq-electric-vehicles-gm-9f5e4c4a-cdf8-42fd-ba48-10bcaa2e2231.html

 

LG CHEM BECOMES NO. 1 EV BATTERY SUPPLIER IN H1

"LG Chem ...became the largest supplier of electric vehicle (EV) batteries in the first half of the year, data showed Monday. Based on the global usage of EV batteries, LG Chem’s market share stood at 24.6 percent in the January-June period, up from 10.4 percent from a year earlier, according to market tracker SNE Research." says Korea Biz Wire: "The data showed that 10.5 gigawatt-hours (GWh) of LG Chem’s EV batteries were used in the first half of this year, compared with 5.7 GWh from a year earlier. SNE Research attributed the hike to robust sales of the Tesla Model 3, the Renault Zoe EV and the Audi e-tron EV, which are all powered by LG Chem’s EV batteries.  China’s CATL came in second in the first half of the year with a 23.5 percent market share, down slightly from 25.1 percent from a year earlier. Meanwhile, two other South Korean EV battery makers — Samsung SDI Co. and SK Innovation Co. — came in fourth and sixth place with a 6 percent market share and a 3.9 percent one, respectively."

 

http://koreabizwire.com/lg-chem-becomes-no-1-ev-battery-supplier-in-h1/166278

 

BYD BRINGS ITS PREMIUM HAN EV TO EUROPE

BYD has brought its highly-anticipated premium sedan, the Han EV, to a roadshow in Stuttgart, Germany. The Han EV will serve as a new window for European consumers to experience Chinese-made automobiles from a new perspective. The Han EV is the first mass-produced model equipped with BYD’s new Blade Battery, a groundbreaking technology that reflects the company’s research and development capabilities and its goal of redefining safety standards for the entire industry. The Blade Battery utilizes singular cells that are arranged together in an array and are then inserted into a battery pack, increasing space utilization by over 50 percent compared to conventional batteries. The Han’s long-range version has an NEDC-certified cruising range of 605 kilometers (376 miles).

 

0-100 km/h (62 mph) in just 3.9 seconds. Han EV is also equipped with DiPilot, BYD’s smart driving assistant system. As one of the major subsystems of DiPilot, the DiDAS driving assistant qualifies for Level 2.5 of the SAE autonomous driving standard.

 

ALIBABA HIKES STAKE IN XPENG BEFORE EV MAKER'S IPO

"Chinese electric-vehicle startup Xpeng Motors is raising more funds from Alibaba Group Holding and other investors ahead of its planned initial public offering in New York, according to people familiar with the matter." says Automotive News Europe: "Qatar Investment Authority also is one of the backers putting in another $300 million total in Xpeng, said the people, asking not to be identified because the matter is private. That expands Xpeng’s pre-IPO funding round announced last month to $800 million. The increased funding reflects investor demand, one of the people said."

 

https://www.autonews.com/china/alibaba-hikes-stake-xpeng-ev-makers-ipo

 

GERMANY SEES RECORD NUMBER OF REQUESTS FOR PURCHASE BONUS FOR ELECTRIC CARS IN JULY

"A total of 19,993 requests for the German government's purchase premium for an electric car or plug-in hybrid were registered in July, more than in any other month since the introduction of a bonus in June 2016, the Ministry for Economic Affairs and Energy announced on Monday. A total of 69,606 requests for the purchase premium had been submitted since the beginning of the year, an increase of 78.6 percent compared with the previous year, according to ministry." reports China.org.cn: "The premium "is effective and pushes forward electric mobility in Germany," said Peter Altmaier, Minister for Economic Affairs and Energy. In order to lower by around 40 percent transport-related emissions from the 1990 levels by the year 2030, the government is seeking to have seven to ten million electric vehicles registered in the country by 2030. Germany's economic stimulus package to mitigate the effects of the COVID-19 crisis also included a premium for electric vehicles. The government decided to double its share of the premium so that fully electric cars now would receive subsidies of up to 9,000 euros (10,053 U.S. dollars) until the end of 2021."

 

http://www.china.org.cn/world/Off_the_Wire/2020-08/03/content_76342679.htm

 

TESLA FACTORY CONSTRUCTION ADVANCES EXTREMELY QUICKLY

"Seven months ago, a tree plantation covered Tesla’s premises in Brandenburg. Now the skeletons of several factory buildings are already visible. What is certain is that Tesla is not wasting time." writes Berlin Spectator.com: "Neither a global pandemic called Corona could stop or slow down the construction, nor the lack of a construction permit. The latter will not be given to Tesla for now. Until yesterday, a new version of the plans for the factory was accessible to everyone at several locations in Brandenburg and online. Now, objections can be handed in until September 3rd, 2020. Only once this process is completed, the Brandenburg authorities can finally issue a permit. By the time they do, the three factory buildings will have made more headway."

 

And what if you want to go and have a look? "Security is tight around the premises. Several guards at the sandy road, which is the main access to the site, will approach anyone who sets his or her foot there for a millisecond. Even on the other side of the construction site, where hardly anyone goes, any visitor who does moves around, even outside the fenced area, will be approached by “two American guys who look like agents”, a person who met them told The Berlin Spectator."

 

https://berlinspectator.com/2020/08/04/brandenburg-tesla-factory-construction-advances-lightning-fast-1/

 

RALEIGH LAUNCHES ECARGO BIKES

"Raleigh’s E-Cargo range will support both individuals and companies by allowing items to be transported between locations with zero emissions. The collection will be available in the UK and Ireland from September. " says TensportXtra: "Congestion in urban areas can make deliveries slow and inefficient for businesses not to mention create vast amounts of avoidable emissions. Raleigh E-Cargo bikes are designed to carry up to 100kg in weight and have a range of up to 75km on one single charge, they are a viable solution to urban and rural delivery services as well as individuals that want to transport items. Added to this, grants are soon to be available as part of Government’s wider programme to decarbonise deliveries set out in their decarbonisation plan. "

 

https://www.transportxtra.com/publications/local-transport-today/news/66336/raleigh-launches-ecargo-bikes

 

LORDSTOWN MOTORS JOINS ELECTRIC-VEHICLE RUSH TO STOCK MARKET

"Lordstown Motors Corp., the electric-truck startup that stepped in to save a shuttered General Motors Co. factory in Ohio, will be listed on the Nasdaq and gain an infusion of $675 million through a merger with a publicly traded funding vehicle." reports Bloomberg: "The company will trade under the symbol RIDE after the deal with DiamondPeak Holdings, it said in a statement Monday. Lordstown plans to use the proceeds to fund production of its Endurance electric pick-up truck at the former GM plant, which is expected to begin in the second half of next year."

 

https://news.bloomberglaw.com/mergers-and-antitrust/electric-truck-startup-lordstown-motors-to-merge-list-on-nasdaq

 

VISION-S CONCEPT EV MAY HIT THE STREETS, SONY IN TOKYO FOR PUBLIC ROAD TESTING

"Japanese electronics major Sony set the cat among the pigeons when it unveiled a prototype electric car at CES in January 2020. At the time, it said that the Vision-S electric vehicle was not intended for commercial use, but it turns out that the car might be spotted on the streets after all" says Economic Times: "Sony revealed in a YouTube video that the Vision-S “has arrived in Tokyo for advancing our sensing and audio technologies. The prototype vehicle is also currently under development for public road testing this fiscal year. The prototype EV, Sony said, was developed to showcase its technology to auto manufacturers, and was not an effort on its part to pivot towards EVs. The Vision-S has 33 sensors for autonomous driving and ancillary functions like recognizing people and items, both inside and outside the cabin."

 

https://economictimes.indiatimes.com/magazines/panache/vision-s-concept-ev-may-hit-the-streets-sony-in-tokyo-for-public-road-testing/articleshow/77343145.cms

 

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