EVWorldNews

Tag: Electric Car

  • Model S Vs Taycan (Tesla Vs Porsche) Drag Race

    Tesla No longer the Only Electrical Vehicle brand in the world.

    Truth to be told, whenever the Tesla Model S Drag Race Vs Porsche Taycan debate is considered, Porsche has had its flag dug on as the winner. In fact, in all the 5 drag races by Top Gear, Porsche has successfully flaunted its performance each time with a tiny however increased margin with every succeeding race.

    For the Taycan Turbo S, the foremost figures recorded were:

    0-60:                          2.61

    0-100:                        6.12

    ¼ mile:                       10.69s @ 131.6mph

    Porsche Taycan (Image Credits: Porsche Newsroom)
    Porsche Taycan (Image Credits: Porsche Newsroom)

    For the Tesla Model S, the top figures recorded were:

    0-60:                          2.83

    0-100:                        6.64

    ¼ mile:                       11.23s @ 123.2mph

    Tesla Model S
    Tesla Model S (Image Credits: Tesla)

    The above figures are as per the TV show Top Gear.

    Obviously, we cannot expect Elon Musk to sit hand on hand when it comes to his electric cars! He further took this video issue in his hands as the video clearly shows Porsche Taycan Turbo S beat Tesla Model S. Further it came into picture that Top Gear hadn’t turned on the “Ludicrous Plus” feature of Tesla Model S. This feature enables the car to achieve the fastest acceleration possible.

    As per Tesla, the performance trim of Model S can accelerate from 0–60 mph in just 2.4 secs and that the top speed of it is 163 mph. Musk further commented that the Top Gear show should rather be called as Low Gear!

    Last Words

    So when the Model S Vs Taycan drag race debate is considered, Tesla is very confident about its Model S. On the other hand, Porsche won’t take a step back when it comes to enter into competition with Tesla. However, some third party making any kind of false comments on both these competitors’ electric vehicles and damaging their images is just not fair to the competition itself! What do you think? Do let us know your views on the same in the below comments.

  • Ford To Change Plans for Electric Car, New UAW Agreement Says

    Ford Motors sees 65% dealers agreeing to sell its electric vehicles.

    Ford might be in plans to change its electric car strategy. The tentative agreement of Ford with the UAW shows that the plan of bringing the EVs production to the Flat Rock factory manufacturing Lincoln Continental and Ford Mustang is changed. As per the Ford electric vehicle plan made in March, the factory is to start building EVs in 2023 at the facility.

    Ford electric vehicle plan and UAW agreement
    Ford-UAW agreement (Image Credit: REUTERS)

    The UAW released the terms of this new agreement which state that the factory will receive an investment of $250 million in order to continue the production of Mustang along with the new version and derivatives coming soon (date unspecified). Also, the plant will produce the present-generation Continental. As per the document, at Flat Rock, Ford will continue to scout out all the future opportunities throughout this agreement.

    The head of electric vehicles at Ford, Ted Cannis, was not willing to offer any details regarding the Ford electric vehicle plan at Flat Rock. However, the agreement specifies that new product will surely be further added to the Ohio Assembly Plant of Ford in 2023, which is also a part of the investment of $900 million.

    Ford Transit PHEV
    Ford Transit PHEV

    Ford was also in news with its all new plug-in hybrid electric car. According to Ford, Transit PHEV is a greener way to get the goods delivered. This new hybrid electric van comes with a 1L turbocharged 3-cylinder engine along with its motor powered by a huge 13.6 kW-h battery which can last for 31 miles. However, in October, Ford stated that Transit’s plug-in hybrid version will not be made available to the U.S.

  • Toyota Electric vehicles ties up with Oncore electric delivery from  Texas

    It has been reported recently in the United States that V2G is among the latest go-to word in the Electric Vehicle market and that is proving very accurate as the automakers continue to make the vehicle-to-grid announcements. Toyota Motor’s North American branch said on 15th of December that it is going to collaborate with Oncore electric delivery which is based in Texas on what is going to be a V2G pilot project which is going to capture energy from the Toyota Electric vehicles and will redirect it to power grid.

    As per the Toyota Electric vehicles and its Charging Solutions team, they said that they are going to envision a future where the battery electric cars are going to provide a mobility experience which best in its class but also can be utilized by the customers to power the homes and communities and also power back the grid when the need will be there.

    The ability is going to include the keeping of lights on and refrigerator humming in the blackouts. This capability is available as an extra on Ford F-150 Lightning and the Chevrolet Silverado electric vehicles.

    For Oncor, it will be a first collaboration as it operates in the research and testing of microgrids in the South of Dallas which isn’t too far from the national headquarters of Toyota.

    Toyota is going to continue experimenting with the Electric vehicles connected to the homes and businesses in service territory of Oncor. Toyota will have its first electric vehicle come in the form of bZ4X and it is going to be followed up with the Lexus RZ 450e in 2023.

    Oncor has been in operation for a century and has been in Texas. This is a company which is very bullish on electric vehicles and how it will be a game changer for the electric vehicles.

  • 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.

  • Electric Car Manufacturer VinFast to come up with an IPO

    An electric car manufacturer from Vietnam called VinFast which is backed by the richest man in Vietnam has filed for an IPO in the United States as it is getting ready for delivering its first SUV to the consumers in California later in the month.

    This is a unit which is founded by the Pham Nhat Vuong and is being advised by the banks which include Citigroup, JPMorgan Chase and Co, Credit Suisse, Morgan Stanley and others. The shares are going to be traded under symbol of VFS on Nasdaq. There aren’t any details about the date when it will be possibly listed.

    Also read : GM to install 40000 EV chargers (evworldnews.com)

    The IPO plans of VinFast have been there in for close to two years. It was reported in the year 2021 that there were plans that a $2 billion US IPO was in the pipeline for the company. The company in had in the month of April filed for the confidentiality for the sale of shares. The company is looking to raise close to $1 billion from the offering in the month of January.

    VinFast is going to sell as well as list shares as per them when the conditions of the market are going to be suitable for them.

    Once it is listed, the company is going to look at further opportunities for raising funds. This is going to help them in their plans for growing all over the world.

    VinFast is going to be one of the biggest companies which are going to see an IPO since Vinhomes JSC which raised $1.4 billion debut share sale in the year 2018. The IPO did not do well since but the electric car manufacturer is going to look to change that trend and make sure that they grow at a steady rate in the coming few years.

  • Electric Vehicle Tax credit statement issued by United States and European Union

    European Union and United States on Monday have said that that there has been progress addressing the concerns of the European Union about a climate law of United States which would cut the electric vehicles from the tax credits of United States of the European Union but also failed to resolve this matter. Electric vehicle tax credit has been a major talking point lately.

    They had issued a statement jointly after the third TTC between US and EU which had vowed for working constructively for resolving it.

    The joint statement said that they acknowledge the concerns of EU and underline the commitment for addressing them constructively and taking note of the progress which was made by the task force set up for addressing the dispute. The Trade commissioner Valdis Dombrovskis had called $430 billion United States inflation reduction act as discriminatory and had urged many steps which may be taken before the end of the year for modifying this law. It also offers consumers tax credits as much as $7,500 for the newer purchases of Ford, Tesla and Other EVs which were made by North America.

    Antony Blinken who has said that the council has enabled both the sides which account for a combined 40% of the output of global economy for making concrete, practical progress on many issues including the counter of Ukraine-Russia war and said that he was confident of tax credit issue may be resolved. He said that they all came out of the meetings convinced that this was a way of coming up with a solution and a way forward for both the organizations. They feel optimistic over this as they race against time to reach some conclusion before the new measures start coming in from the coming year. That would be critical for both the countries.

    Also Read : Tata Motors takes jibe at Mahindra in a social media post. – EV World News

  • Electric Vehicle startups finding it difficult to gain ground

    Government has recently cracked down on the makers of electric vehicles as there have been allegations of flouting norms. This has made the auto-component suppliers become very cautious. Many established makers who had been diversifying into the EV segment are now only placing their bets on the major legacy players as they have emerged to be a lot more reliable than Electric Vehicle startups.

    EV industry has been coming under fire since many months following FAME-2 subsidies suspension by the government to over 5 companies for defying of rules on the localization. Resultant, many startups are either overshooting their new product launch deadline by many months or are struggling to ramp the production up. Some of the others such as Simple energy, Oben Electric and Matter have been seeing their debuts getting delayed by 10 months to a year.

    A proprietor of the company which makes electrical and electric component has said that being a component manufacturer, there are many investment companies which have to be made specifically for a customer. These are customized products. These are not products where one size is going to fit all the needs.

    As over half of the Electric Vehicles are made outside of the factor of the vehicle maker, the component makers carry all the responsibility of supplying the parts which help in putting a product on the production line. The component suppliers have to invest in the production of the products which match the requirements of the vehicle maker precisely.

    Read Also : Elon Musk makes a cheeky comment on Biden’s tweet – EV World News

    Another Electric Vehicle startup owner said that it is difficult for them to secure supply chain and that is now leading to delays. Most startups are not able to be in line with the competition but are also not meeting their own projections either due to this. That is a major problem for the electric vehicle industry.

  • Elon Musk makes a cheeky comment on Biden’s tweet

    Elon Musk who is the founder of Tesla and is a new owner of the micro blogging website Twitter has been in the news in the recent past for different reasons.  Recently, Musk made a comment on the tweet of the President of United States, Joe Biden and asked him to buy an electric car from his company Tesla. United State’s President had recently reveled the plans of building 5 lakh electric vehicle charging stations all across the United States and announced a release of the funding for a nationwide charging network for the Electric Networks. This is going to help in financing the construction of charging stations across 35 different states and will significantly improve the charging infrastructure of the country.

    Following the post on social media site, Twitter, Musk and Biden then had a conversation on Twitter. The tongue in cheek comments were followed by people all over the world and created quite the buzz all over.

    Earlier in the Year, Biden did not Tesla when he was making his speech for the state of Union. Musk commented on that and said that no one was watching the President when he was making that address.

    Read the Tweet here : Elon Musk on Twitter: “@POTUS Or you can just buy a Tesla” / Twitter

    Biden said that an investment of a total of $18 billion was made by GM and Ford for building electric vehicles while Tesla had not been mentioned in the address that Biden made to the nation. Musk was quick to address that Tesla had been contributing to as many as 50,000 jobs in United States for building electric vehicles and is investing over double of what the other two companies that Biden mentioned are investing.

    Read Also : Electric Vehicle Market banks on India (evworldnews.com)

    He even went on to say that Biden is treating the public of America like Fools. Biden had in February though, had acknowledged the contribution of Tesla for countering the Chinese EV infrastructure.

  • Electric vehicles in India running on e-rickshaws.

    Electric Vehicles in India have been a talking point all over the country as the country struggles with growing population and worsening air pollution. Slowly but surely the revolution is coming in terms of electric mobility and the massive revolution is being led by an unlikely source. The unlikely source being e-rickshaws.

    The electric three-wheeler usually used as public transport has been adopted by people all over the country. Whether it is a person who wants to drive the e-rickshaw and is tired of pulling a rickshaw load or a person who wants to set this up as a business, there is opportunity which is there for sure to lead the electric vehicle revolution. The market did however suffer a great dela in the coronavirus period as the impact of coronavirus on electric vehicles was extremely negative in India. There were curfew-like conditions in the coronavirus pandemic. The effect of the virus caused a major dip in the demand for the shared services of electric vehicle. Therefore, the mobility service providers have deterred considerably from investing in the e-rickshaw market but after the pandemic, it has picked up again. The government in India has been encouraging the service providers from making an investment into the e-rickshaws and in the public transportation with the focus being there on the three wheelers, cabs and buses. With the implementation of the policies of the government, there are opportunities for this market are going to expand at a high rate. This is also beneficial for the country which has a high population and therefore helps people get through the traffic with ease. This is also fuel efficient and helps in emissions.  The popularity is only going to increase with the growth in the emission strictness and the population becoming more aware about the benefits of e-rickshaws

    Also Read : Switzerland may limit electric vehicle usage due to electricity shortage. – EV World News

  • BasiGo and Metro Africa lead Africa’s electric vehicle charge

    BasiGo which is a firm from Kenya and is into e-mobility has secured a $6.6 million funding for fast-tracking the commercial delivery of the locally -assembled electric busses in the country which is the most recent of the announcement that has come which suggests that change is imminent in the African Mobility sector. With 25 electric busses currently operating in the pilot phase, the company has an intention of delivering a further 15 busses in the month of January which will be used by the existing bus operators in Nairobi. This latest round is going to bring the total of funding in the year 2022 to the tune of $10.9 million.

    Read More : https://twitter.com/evworldnews/status/1599407183497777152

    This announcement comes barely after weeks of the Nigerian Startup Metro Africa announcing that it has a crowdfunding target plan of $100 million for facilitating the electric vehicle part availability in 10 markets in Africa by the end of the year 2023.

    KenGen which is a leading producer in hydro electric power has also unveiled recently that it has come up with four electric vehicles. Furthermore, BasiGo has unveiled already that the charging infrastructure is going to be available soon.

     This market is a ripe one for the public e-mobility as per Jit Bhattacharya who is the CEO of e-mobility. He says that more than 90% of the electricity of Kenya comes from the renewables already. Yet the transport sector is going to rely entirely on the imported petroleum fuels. By the electrification of the public transport of Kenya, they may be able to completely and immediately dent the climate emission and clean the cities up and also give the bus owners much needed relief from the rise in diesel costs.

    KenGen is going to responsible for the transition of the country into one which is reliant on the electric mobility.

    Also Read : Switzerland may limit electric vehicle usage due to electricity shortage. – EV World News