EVWorldNews

Day: December 11, 2022

  • Electric vehicle Charging not going to affect the grid supply or systems.

    An increase in the electric vehicle sales maybe lead to the electric vehicle cost being lowered for every customer. Electric vehicle charging has been a topic of discussion in the recent past. As per a study, it was shown that the Electric Vehicle users do not receive subsidies from the customers and that in actuality is going to drive the price down.

    Overall, the Electric vehicle consumers have been providing over $1.87 billion in terms of net revenue to the customers’ utility between the year 2012 and the year 2021 in three of the utility services which are based in the United States.

    For avoiding the effects of the climate change and the protection of public health, the transportation sector needs to be completely restructured. The transport sector has been among the largest sources of the world of global warming pollution and a big source of the harmful local pollution in the air. To put it simply, there is a need for a broader adoption of the electric vehicles like trucks, buses and cars etc. which get powered by the electricity. This is a grid which is already clean enough that the Electric Vehicles cut the emissions at an enormous level but it is increasingly based on the sources which are emission-free like solar and wind.

    Also Read : Volvo to keep its commitment on the electric vehicle manufacturing. – EV World News

    There is a common misconception that the Electric vehicle charging is going to strain the system of electricity and need require any expensive upgrades which might raise the prices of electricity. However, the opposite is visible in the world as per studies where electricity is able to charge when people are sleep and there is a lot of electricity still present when the electricity is used. So electric vehicle charging infrastructure has not been hampering the electric vehicle system in any form at all and the common misconception should be done away with for the use of electricity.

  • Indian Celebrities owning electric cars.

    Indian market has been accepting electric cars in the recent past. Manufacturers such as Tata are providing affordable electric vehicles while the expensive manufacturers such as Merced have had an entry into the market too. Many of the famous Indians and celebrities are also going the electric way and now adopting to electric vehicles which are spotted for fan attraction on the Indian Roads. Here are a few Indian Celebrities owning electric cars.

    also read : EV Nepal Expo showcases BREV Microvan – EV World News

    Ambanis for example have a huge collection of cars. Ambanis have two electric cars in their garage. They have a high-performance version which has the falcon wing doors which make the entry and exit into the car much easier.

    Cricket icon and the former captain of the cricket team in India, MS Dhoni has also brought an electric vehicle in the country. The car he has brought is Kia EV6 which was launched only a few months ago at the starting price of Rs 59.95 Lakh. The KIA EV6 was sold as CBU and it is the first ever car that MS Dhoni has brought for his garage. The cricket has many cars and bikes that he has bought for himself. Many of them are vintage cars.

    Popular actress and dance Icon of the country Madhuri Dixit has also taken the first electric car delivery early in the year. She along with her husband Dr. Shriram Nene bought the Tata Nexon EV. Nexon EV is among the best selling electric vehicles in the country.

    Famous actor from the Telegu industry, Mahesh Babu has also recently bought the first electric car. He owns an Audi e-tron. This is a powerful SUV which has a driving range of around 484 km.

    This is going to give a major boost to the manufacturers of the electric vehicles and encourage the fans of these celebrities to take up electric vehicles.

  • EV Nepal Expo showcases BREV Microvan

    EV Nepal Expo was held in the last week and there were many brands from all over the world who had exhibited their Electric Vehicles at the event which was held in the capital city of Kathmandu. Along with the electric vehicle models which were manufactured in India and China, there were a few home-grown brands too who got a lot of attention from the visitors to the expo.

    The Brij Motors Group which is a name that is pioneering in the country in the auto spare parts has showcased its vehicle in the expo. It is a BREV Microvan during the expo.

    Also read : Volvo to keep its commitment on the electric vehicle manufacturing. – EV World News

    The capacity of the microvan is close to a ton and also can transport 13 passengers which includes the driver of the vehicle. The dimension of the vehicle in length is 4460 mm, in breadth is 1900 mm and in height is 2150 mm. The ground clearance of the vehicle is 300 mm and the wheel track is 1420 mm as per the company.

    The BREV microvan has been designed by Sushil Agrawal who is the chairperson of the Brij Motors Group. Agrawal is also credited with the introduction of Safa Tempo in Nepal. These were electric vehicles which were introduced much before the revolution of EV. They date back to as far as 1996.

    The vehicle is equipped with the Manual transmission with a system that has five gears and gives a maximum speed of 50 km per hour. The vehicle can provide a range of close to 150 kilometers per hour. This also helps as that the vehicle comes with a warranty of three years on its battery and a year of warranty on the other components. This is a vehicle priced at 3.1 million rupees and is expected to hit the market very soon.

  • Electric vehicle battery cost is going increase further.

    The costs of the Electric vehicle battery have been soaring in the year and that is because of the material and battery component prices increasing.

    Price of the Lithium-ion battery pack’s volume-weighted average has reached an amount of $151 per kwh in the year which is an increase of 7% over the year 2021. This is going to mark the first time average increase since the BNEF had begun the tracking of prices in the year 2010 and it delays the price parity of electric vehicle with the internal combustion cars.

    Also read : Indian Celebrities owning electric cars. – EV World News

    This is a figure which represents an average through different end uses of multiple battery including the different kinds of the electric buses, vehicles and the stationary energy storage adding that a specific average for the EV packs was $138 per kwh in the year 2022.

    The average prices may have been higher in the year had it not been for the increased adoption of lower cost of lithium chemistry as the alternative for NMC which is used by a lot of manufacturers. On an average, the LFP battery cells had been 20% lesser than the NMC cells.

    Though, the overall cost increase has been outpacing the increase in the adoption of LFP chemistry as per BNEF. LFP had also not been immune to the rise in the cost. On the pack basis, the prices had risen by 27% in the year 2022.

    The battery price increase has also come despite a lot of announcements due to battery manufacturing which is going to eventually increase the supply but has not begun to impact the market yet.

    The BNEF is expecting the battery costs to for dropping once again in the year 2024, when more of the lithium mining and refining capacity is going to be online and it will reduce the prices of the market.