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Elon Musk Would Consider A Merger

EV News Daily - Electric Car Podcast

Release Date: 12/03/2020

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On today’s podcast:

  • Elon Musk Would Consider A Merger
  • Musk Confident Of Level 5 Autonomy
  • Leaked Email: Tesla Profit Is Paramount
  • Battista Hypercar Completes High Speed Test
  • lectric Mini John Cooper Works
  • Audi Will Increase Ev Investment To €12 Billion By 2025
  • 3 Leads In Norway And Netherlands
  • 2022 Jaguar I-Pace EV Before You're Supposed To See It
  • Tesla Launching Commercial Ev Charging Arm
  • Motiv Power Systems Unveils Electric Chassis
  • Renault Trucks Broadens Electric Range

 

 

Show #942

 

Good morning, good afternoon and good evening wherever you are in the world, welcome to EV News Daily for Thursday 3rd December. It’s Martyn Lee here and I go through every EV story so you don't have to.

 

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ELON MUSK WOULD CONSIDER A MERGER

Whilst accepting the Axel Springer Award in Germany, Elon Musk had something to say about a possible merger with another car company, all of which Tesla is worth multiple times:

 

“Well, I think we’re definitely not going to launch a hostile takeover. So I suppose if there was a friendly one, if somebody said, ‘Hey, we think it would be a good idea to merge with Tesla,’ we certainly could have that conversation. But, you know, we don’t want it to be a hostile takeover sort of situation.”

 

MUSK CONFIDENT OF LEVEL 5 AUTONOMY

“I’m extremely confident of achieving full autonomy and releasing it to the Tesla customer base next year. There’s an uncertain period of time for how long regulatory approval will take…but if you are able to accumulate billions of km of autonomous driving and look at the accident rate…then it’s difficult to argue.”

 

PROFIT IS PARAMOUNT

According to a leaked email:

""When looking at our actual profitability, it is very low at around 1% for the past year. Investors are giving us a lot of credit for future profits, but if, at any point, they conclude that’s not going to happen, our stock will immediately get crushed like a soufflé under a sledgehammer!""

 

"This a tough Game of Pennies — requiring thousands of good ideas to improve part cost, a factory process or simply the design, while increasing quality and capabilities. A great idea would be one that saves $5, but the vast majority are 50 cents here or 20 cents there."

 

BATTISTA HYPERCAR COMPLETES HIGH SPEED TEST PROGRAMME IN NARDÒ

"The successful test marks the beginning of the next chapter in the development programme of the most powerful Italian sports car ever produced. This will see nine test and validation versions of the pure-electric Battista driven on public roads and in private test facilities to fine-tune, validate and homologate its bespoke chassis settings, advanced torque vectoring system and unique sound experience."

 

"The Battista’s 120 kWh battery provides power to four electric motors – one at each wheel – for a combined power output of 1,900 hp and maximum torque of 2,300 Nm. Its advanced powertrain is able to intelligently distribute power between all four wheels for optimised traction in all conditions and allows customers to tailor the driving experience to suit their personal tastes using five unique driving modes (Calma, Pura, Energica, Furiosa and Carattere)."

 

https://www.youtube.com/watch?v=et8ZzcRIXGc&feature=youtu.be

 

ALL-ELECTRIC MINI JOHN COOPER WORKS IS COMING

"Mini has announced that it will launch a hot version of its all-electric Mini, joining a traditional petrol-powered JCW version of its next generation model." says evo magazine: "Given the inherently modular nature of different electric motors, and the platform ready to accept them that’s already in development, a high performance all-electric derivative is now a priority according to Mini boss Bernd Körber.  Mini has released images of an electric prototype with bodywork shared with the current Mini JCW GP. While no official specifications have been released, the prototype clearly lacks the standard GP’s exhaust system, while the covered grille and yellow highlights typical of the Mini Electric’s branding also peek through the camouflage."

 

AUDI WILL INCREASE EV INVESTMENT TO €12 BILLION BY 2025

"Back in 2018, Audi announced its intention to sell up to 800,000 fully electric or hybrid cars by 2025, and now it has renewed that commitment by announcing how much it plans to invest to achieve it. It has just announced that it will be investing €12-billion in electric cars alone, a big chunk of its entire planned spendings of €37-billion between 2020 and 2024." reports InsideEVs: "In order to not put itself in a delicate financial situation, the automaker is also looking to cut costs, with a set goal of saving €10-billion between 2018 and 2022."

 

According to Herbert Diess, Chairman of the Supervisory Board of AUDI AG,

 

' With the investment planning that has now been carried out, we are making Audi stronger for the upcoming transformation of the core business. Technological leadership in electric-powered and fully networked driving is the aim of the supervisory board and management board. We are providing Audi with the necessary resources for this. '

 

https://insideevs.com/news/458388/audi-increase-ev-investment-2025/

 

ID.3 LEADS IN NORWAY AND NETHERLANDS

@vwsachsen_en "Yesterday in #Norway, today in the #Netherlands (1499). In both countries the all-electric #VWID3 from #Zwickau has once again stormed to number 1 in the registration statistics in November. Of all newly registered vehicles. #emobility #BEV #EV"

 

NEW 2022 JAGUAR I-PACE EV BEFORE YOU'RE SUPPOSED TO SEE IT

"MotorTrend found a slew of patent images that show renderings of a slightly massaged version of the I-PACE. Even though the changes look minor, they should help bring the I-Pace in line with the newly revised XF sedan and recently refreshed F-Pace SUV in terms of exterior and interior design." according to MotorTrend: "The I-Pace's apparent changes include new daytime running lights, which look to be slightly thicker in the patent images than the ones on the current car, as well as revisions to the bottom of the front bumper, which likely has been changed to improve airflow around the car and reduce range-killing aerodynamic drag."

 

TESLA LAUNCHING COMMERCIAL EV CHARGING ARM

"Tesla has long supplied Destination Chargers to hotels, restaurants, Airbnb units, Tesla stores, and other common destinations for Tesla drivers. However, it is doing something new now in this arena. Perhaps the first sign of the new Tesla business arm came from well known white-hat Tesla hacker “green” (@greentheonly), who routinely spies on changes in Tesla firmware code and shared the following on November 30:" writes Zach at CleanTechnica: "This new commercial EV charging arm allows the property managers to make money on the investment. Yes, so does ChargePoint and other smart charging players, but what I’ve seen is that there’s typically a closed and perhaps locked door in people’s heads when bringing up less well known EV-related companies, whereas people quickly perk up and are eager to ask questions or offer their own thoughts when the topic of Tesla comes up."

 

That quote from the Tesla page — “With a growing number of Tesla cars on the road, a Wall Connector can pay for itself over time. Property managers will soon be able to set the price of charging sessions while Tesla handles payments automatically and securely – with no monthly fees.” — is under a new subheading titled “Automatic Payments.”

 

https://cleantechnica.com/2020/12/02/tesla-launching-commercial-ev-charging-arm-focus-on-apartments/

 

 

MOTIV POWER SYSTEMS UNVEILS FIFTH GENERATION MEDIUM-DUTY ELECTRIC CHASSIS

Motiv Power Systems announced its newest generation of EPIC chassis for medium-duty electric fleets. The fifth-generation EPIC F-59 and E-450 chassis have reduced the total number of components in the electric powertrain by 30%, while also improving range, acceleration, and top speed.

Motiv’s AdaptEV software offers fleets new features such as hill hold driver assist, two-hour high-speed charging using direct current fast charging (DCFC), telematics, and vehicle to grid (V2G) support capability.

 

RENAULT TRUCKS BROADENS ITS ALL-ELECTRIC RANGE

Renault Trucks is broadening its all-electric Z.E. range to help its customers speed up their transition to clean transport. Offering a wider choice of batteries for medium duty electric vehicles, the Renault Trucks D and D Wide Z.E can now be specified with 66 kWh battery packs giving an operating range of up to 400km.

Furthermore, the Renault Trucks Master Z.E. light commercial vehicle has just been released in a 3.5 tonne model.

 

 

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