Category: Companies

  • Mercedes Benz Electric Vehicle to launch EQB in India

    Mercedes Benz Electric Vehicle has now launched their all electric EQB in India for a price ex-showroom of Rs 74.5 lakh. This is a company that has made it clear that it is now ready to introduce the electric cars as they have recently launched three Mercedes electric vehicles in the last few years.

    The vehicle debuted in the Shanghai auto show last year. It is among the top luxury car manufacturers in the country and it is confident that the position is going to stay the way it is and they have adopted an inverted product approach for introducing their products in the country bringing the products up from a top self of their portfolio of products in India first and then following it up with the products from a lower shelf.

    Also Read https://twitter.com/evworldnews/status/1598678236673687553

    As per the Mercedes Benz nomenclature, the EQS is below the EQC and that is now the new EV at an entry level from the brand in Indian Market. Earlier the Mercedes-Benz had revealed the plan of going all electric by 2030 and also an introduction of the electric products at this stage is going to show the commitment towards India and the electric vehicles environmental impact

    EQS measures the 4.685 when it comes to length and 2020 mm when it comes to width and also stands 1,667 mm tall. It also has a wheelbase of 2,829mm. It is also equipped with the sliding panoramic sunroof. MBUX control center, smartphone connectivity, voice commands and the wireless charging. The vehicle also has an electronic tailgate operation, active lane keep assist, active brake assist, adaptive high beam assist, blind spot monitoring and TPMS along with new airbag.

    Also Read : Emerging countries to lead the Electric Vehicle charge (evworldnews.com)

    EQB is an electric SUV which houses a density and asynchronous motor. It also gets equipped with the battery pack and it produces. It can go from 0-100 in only 8 seconds.

  • Ford Electric Vehicle doubles down on its UK operation

    Ford electric vehicles has now doubled on the commitment it had to the United Kingdom as the hub of its Electric vehicle Europe operation for the electric vehicle powertrain production thanks to the backing of £600 million from the UK Export Finance which supports the high-skill jobs of manufacturing.

    This investment is a part of the plans of the government for putting the United Kingdom at the forefront of the development of electric car in Europe as the country is going to transition into a net zero.

    Ford has also received a support from the UKEF through the EDG scheme which is going to turbo charge the transition of Ford towards the electrification and expand the manufacturing capacity and the export capacity towards a continuous support in terms of investment in the United Kingdom.

    Also Read : https://twitter.com/evworldnews/status/1598565601043169281

    The sole coordinator on the loan was Citibank Europe PLC. There were six lenders who have an equal share in this facility. The international market is booming which keeps driving growth and creating job opportunities right across the United Kingdom. The auto industry is among the shining lights in the economy and there is a determination which is shown by the authorities to seize on the opportunity as the whole world is now working towards carbon emission free when it comes to driving.

    Ford Electric vehicle 2021 is among the largest exporters of the United Kingdom. Engines and the transmissions are transported from their facilities in Halewood and Degenham to twelve different countries across the world.

    Also Read : Emerging countries to lead the Electric Vehicle charge (evworldnews.com)

    The loan which is backed by the UKEF is going to initially support an investment of 125 million for funding phase two of the electric vehicle powertrain hub of manufacturing.

    It is estimated that Ford Electric Vehicle 2020 is going to help in the securing of 500 jobs at Halewood which is also going to be a huge part of the growth in the economy as well.

  • Canoo electric vehicle delivers on first pickup truck

    EV startup Canoo which was struggling for the last few years has delivered the first pickup truck to the army of the United States for the purpose of analysis and demonstration. The LTV of the company is built on same platforms such as Duplo of Canoo which is a toy-looking prototype of an Electric Vehicle truck which had been revealed in the year 2021. This is a major achievement for canoo electric vehicle

    Back in the month of July, the army had announced that Canoo was awarded a $67,500 contract for producing a new light to the heavy duty BEV or the series-hybrid electric vehicle for the Government analysis and demonstration as per the analytics.

    Also Read: Construction activities Kalabarri electric vehicle chargers Australia (evworldnews.com)

    Canoo electric vehicle comes from a company which had been founded in the year 2017 by a couple of former Faraday Future employees, has developed many EV concepts including a delivery van which can be used for many purposes and the electric truck. This is a company which is also working on the lifestyle vehicle which had chosen by NASA to transport the astronauts to launchpad as the part of Artemis mission to Moon.

    LTV is a modular vehicle which can be transformed into many configurations including the flatbed truck, cargo vehicle or mounted with ramps, racks, tents, storage boxes or the tactical system. Canoo has said that the LTV has been engineered for the extreme environments and includes stealth configurations using the carbon Kevlar for durability and strength. The electric vehicle development will be a huge step for both the company and the army.

    Drivetrain of the all-wheel drive vehicle has the ability to put out 600 horsepower with the air springs, a raised suspension along with the 32 inch all-terrain tires for building higher ground clearance which is suitable for the rugged and extreme conditions.

    Whether Canoo is going to now get green light for putting LTV into the production is a decision which is going to rest with the army now and will depend on how much the electric vehicle market share is going to be for this company.

  • BYD electric vehicle coming to Mexico

    BYD, the motor electric vehicle maker from China, is going to launch its cars in Mexico in the coming years. This is in light of the executives putting up a sales target of close to 30,000 vehicles in the year 2024.

    In the coming year, BYD is going to start selling fully electric versions of the Tang SUV alongside the Han Sedan. It is planned to be done through 8 dealers all across Mexico and was announced by the country head Zhou Zhou.

    The automotive industry association of Mexico has sold less than 5% of the cars. In the first few months, of the year these were hybrid and around 31,000 of 693,000 sold in its entirety.

    BYD in Mexico

    In September, the company set itself a pre-sales price for the Han and Tanga models at €72,000 in the electric vehicle Europe market. There are only a handful of Mexicans who make over $10,000 per year according to the statistics of the country. Zou from BYD further said that the company aimed to sell the cars through as many as 15 licensed dealers in the Mexican region by end of the 2023 and then hit 30 by the end of 2024.

    The environmental problems electric vehicles can solve are immense. And hence Mexicans will look at this as an opportunity to solve this problem through the sales of BYD electric vehicles.

    This announcement comes in the wake of Mexico’s planning to make electric vehicles more affordable for their users. Mexico, a major car manufacturer, will now be looking to cut sales taxes and import tariffs.

    Recently, the officials in Mexico are positive about turning half of the automotive production into electric by the end of the decade. Though, skepticism surrounds the claim as experts believe that only 15% can be achieved.

    Also Read: Sun Mobility to increase motor electric vehicle charging infrastructure by three times. – EV World News

  • Volvo To Bring Polestar Precept In Geneva Motor Show

    Polestar to tie up with CAKE to create electric vehicle Makka

    The performance sub-brand of Volvo known as Polestar is going to bring a striking electric concept car, Polestar Precept, in the 2020 Geneva Motor Show scheduled to take place next month. Instead of them putting their focus on the flashy specs of performance, the company is going to take up different issues when it takes up the usage of material which is sustainable through the car and more deep integration with the operating system of Google known as Android Automotive.

    This car is going to be known as the Polestar Precept and the company has said that this name was chosen so that they can emphasize the role that the vehicle has in establishing the intent of Polestar as a brand of electric performance. 

    Their press release has said that the precept is going to act as a manifesto for how things are going to shape up. The CEO has said that this is a declaration and a vision of what Polestar really stands for and what is making this brand relevant as a response to the challenges which the industry and society are facing presently.

    They have said that this isn’t something they are looking at in a distant future and they expect to apply their innovation in minimizing the impact of the environment through the vehicle.

    The company has said that the interior panels and the seatbacks have been made out of the flax-based components that account for the reduction in plastic waste and also a reduction in the weight. The headrests have been made from recycled cork. The company has said that this is going to redefine the premium luxury.

  • Details Of 11 Electric Vehicles From Hyundai Remain Murky

    Hyundai Ioniq 5 to hit the Indian markets soon

    Euisun Chung who is the executive vice chairman of Hyundai has recently kicked 2020 off by the announcement of an expansion in output of the electric vehicles as well as other advanced technologies. The Hyundai group which has come up with brands such as Genesis, Kia and Hyundai is going to invest over $87 billion for production of 23 EVs by the year 2025. The details of a possible 11 new electric vehicles have not been provided clearly.

    Hyundai EVs

    The announcement states that the group is going to grow as many as 23 electric battery electric vehicles as well as six plug-in hybrids in the coming five years. The first of the 11 of these new dedicated electric vehicles is expected to come out by the year 2021 though the recent statements which have been made by Hyundai have been contradicting each other.

    The announcement of a dedicated EV has dated back till 2017 at least. Reports from the previous two years have suggested that it is going to be badged as Genesis and given a target for competing with the Model 3 from Tesla.

    However in June, there had been reports that the company is starting production for a compact SUV which is all-electric to be used as a platform for Electric vehicles. This report had point at the prototype being unveiled in the middle of the year 2020 and the production in early months of 2021. 

    The release today about the event on the New Year has stated that the new system for Electric Vehicle architecture system is going to be introduced and also applied to the models which have been slated to be launched in the year 2024.

  • Bajaj Auto Invests In Micro-Mobility Yulu

    E-rickshaws to lead the electric vehicle revolution in India.

    Bajaj Auto Ltd is going to now invest in the cycle sharing platform based out of Bengaluru named Yulu. Bajaj is the 2nd biggest manufacturer of motorcycles in India. This platform offers bicycles and electric cycles for connectivity to the last mile.

    This is coming in the wake of mobility landscape changing in India. The interest from Bajaj Auto has coincided with the interest of Uber in this sector. Also, Bajaj Auto has Rajiv Bajaj at the top in this firm.

    The companies have together issued a statement. Further the statement says that Bajaj is going to invest about $8 million in the bike sharing company Yulu. The reason, complimenting the relationship between both the companies.

    Additionally, Yulu is going to source from the electric two wheelers of Bajaj. These EVs have been manufactured and co-designed for micro mobility sharing. Also, Bajaj is considering facilitation of vehicle financing requirements that Yulu has for the deployment of large scale electric vehicles.

    Bajaj and Yulu

    The start-up is engaged in urban mobility. It has Amit Gupta and RK Misra as their co-founders. Furthermore, it has gained traction from investors and capitalists.

    A lot of Indian cities like Bengaluru, Mumbai, Bhuvneshwar, Delhi and Pune launched this service. For congestion reduction and control of pollution, the shared micro-mobility can come in handy in future, says Bajaj; and this is what will drive this segment.

    This along with the rapid transport like Metro will help larger cities boost the demand for Yulu. This is because it provides last mile connectivity in a flexible manner.

    This was the primary reason why they took this decision of partnering with Yulu. Rajiv Bajaj mentioned this in his statement.

  • Tesla: Capacity Of Lithium-Ion Batteries To Expand

    Tesla launching its cars in Thailand

    Tesla is in plans to make the biggest-in-the-world lithium-ion battery. The company is looking to increase the capacity at its Hornsdale site located in South Australia. This is going to increase the capacity to 150 megawatts which is a 50% expansion, as per Tesla.

    This is according to an announcement form Neoen SA, which is a French company and is operating the site. The storage site in the first year of operation has already been able to save the consumers over $34 million.

    Since its installation in 2017, the battery helped in stabilizing the grid and avoiding outages. It also helped in to lower costs by the offset of intermittency in power generation which is renewable. This has helped in blazing a trail for its other plants all across the world.

    Tesla: Hornsdale site

    The utility-scale batteries which can be affordable have often been seen as the link. This link is the one which was missing for making wind and solar power as realistic competitors of fossil fuels.

    The green sources can be less expensive; however, they are not as reliable as the fuels traditionally. This makes the energy which is carbon-intensive tough to jettison, which is necessary for avoiding the impacts of changing climate.

    Meanwhile, the storage industry has been increasingly important in many places such as South Australia. These places have lesser access to the sources of fossil-fuels like natural gas and coal.

    Although Tesla’s outback battery is providing important insights into the contributions, it was never intended for curing all the state’s problems. Potentially, the storage systems can offer these contributions. This can be an important contributor to the fight against carbon emissions.

  • Toyota And BYD Come Together For Building EVs

    Toyota Innova Crysta Electric Vehicle gets tested for use in Indian market

    BYD is a company which has been working for a very long time now on the electric vehicles; however, most of the EVs from the Chinese company particularly in the United States are right now the zero-emission buses. This looks like it is going to change specially in China as it was announced that Toyota and BYD are going to get into a new joint venture. This venture is going to focus on the developing and researching of the battery electric vehicles.

    The companies said that the new Joint Venture will be set up in 2020 in China as each of the companies is going to contribute 50% of the investment needed. The JV is going to develop and design all-electric vehicles which are going to include related parts and platforms. The resulting vehicles are destined for China as they will be made in a way to make them more attractive for the customers in China.

    The news is following an announcement made in the month of July. The announcement stated BYD and Toyota are going to consider coming together for the all-electric sedans and also low-floor SUVs.

    BYD
    Image Credits: Wikipedia

    They had then said that the batteries which were going to be developed by the companies is going to be for the SUVs and sedan models and is also going to be used for the other vehicles.

    The companies gave more details about how they are going to staff in this new JV as they are going to transfer BYD and Toyota engineers from the related jobs in R&D in the companies to this JV as per a new statement issued by the companies.

  • Volkswagen Begins Production Of Its Electric Car ID.3

    Volkswagen fails to meet its commitments in Rwanda

    The production of the electric car ID.3 has officially been started by the Volkswagen on Monday as the auto giant from Germany is looking to become a leader when it comes to the ever growing field which is e-mobility.

    A ceremony which had taken place at the Zwickau plant of Volkswagen had been attended by a host of important people including Angela Merkel, German Chancellor and the CEO of the company Herbert Diess.

    In his speech Diess has said that the vehicle is going to make a substantial contribution in the breaking through of the e-mobility sector. He added that this vehicle is making e-mobility accessible to loads of people and is an important milestone for their company as it is aiming to become climate-neutral by the year 2050.

    Volkswagen ID.3
    Volkswagen ID.3 (Image Credits: wikimedia.org)

    The website also had an announcement where Volkswagen had described that their electric offensive is now picking up speed. The vehicle is on track for its launch at the same time in the markets in Europe in the next summer which the basic version of the vehicle which is being marketed in Germany at an amount which is lower than $33,487.

    The facility in Zwickau is going through a conversion currently from being a factory which is a 100 % internal combustion engine one to becoming one that is solely going to produce electric vehicles. The redevelopment of the site is costing Volkswagen close to 1.2 billion euros and the company has said that from 2021 onwards the plant is going to have the capacity for producing as many as 330,000 electric vehicles every year.

    The company is planning for the launch of close to 70 models of electric cars by the year 2028.