EVWorldNews

Tag: Electric Vehicles

  • Electric Vehicles in US to grow in 2023

    There are expectations that Electric Vehicles in US is going to be really growing in the next year. Next year is expected to even top the fabulous year that United States has had this year and that is because of the number of EVs which are going to hit the market and most of them being less expensive ones. This along with the new rules of government are expected to make the current vehicles which may have a heavy price currently more affordable too. 2022 was a great year as the electric vehicle market share grew twice despite the supply chain issues along with inflation. EVs in 2022’s first 10 months accounted for close to 5.3 % of all the vehicle sold. This was 60% higher than the previous year. This is a great number considering the new electric vehicles are in the upper tier which is the $50,000 or more price range. There is still a lot of room according to the experts for growth in this field.  

    Also read : https://twitter.com/evworldnews/status/1607008431570882565

    However, it is widely believed that if the number was to grow significantly, it would happen with an increase in the EV charging numbers and offering Electric vehicles which are more affordable. There are many surveys which substantiate the fact that the number of consumers who are going to switch to an electric vehicle will grow considerably high if the market was to support them with more affordable electric vehicles.

    Also read : Electric Vehicles for delivery : USPS (evworldnews.com)

    This is what would help the market grow in the coming years as there is an expectation that there will be many cheap electric vehicles which will come from the more famed vehicle manufacturers such as Hyundai, Nissan and a few others. Chevrolet too has been considering a price for its electric version of Bolt. This will help the market grow to a high rate in the United States.

  • Tata Motors signs a deal with DTC for electric buses

    Tata Motors saw a major climb by more than 2% on this Monday after Tata Group Company had announced that it secured its biggest order till now for the electric buses by the Delhi Transport Corporation. TML CV which is a subsidiary of Tata has signed the deal with DTC for operation of 1500 electric buses in New Delhi. As a part of this agreement, the company will supply, operate and also maintain 1,500 units of the low floor air conditioned and electric buses. Tata Starbus EV is a product which they have developed indigenously.

    Reacting to this update, the shares of Tata rose significantly and market capitalization of Tata also climbed up to a level of Rs 1.28 lakh crore with over 3.5 lakh shares changing hands in first two hours of the trade in comparison to the two-week average volume.

    The shares of Tata Motors had been trading near their low of 366.05 but this gave the impetus which it needed in an otherwise shoddy year for the automaker where it has seen a fall of 22% in the year. It dropped 6.6% in the last 6 months.

    Also Read: Electric Vehicles for delivery : USPS (evworldnews.com)

    This is a stock which has lost close to 10.6% in the month and 6.5% in the week. The chairman of the company said that this indeed is a very historic occasion for the company as they are going to sign a definitive agreement for the largest bus order of the electric buses. He also cited the long relationship that Tata has had with DTC and said that it has been based on trust and cooperation and they will look to strengthen it further.

    They aim to provide safe, affordable and sustainable transport with this fleet and that is a great boon for the transport industry of the capital of India.

  • 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.

  • Avon Cycles Ltd denies any misappropriation in funds.

    Avon Cycles Ltd from India has denied that it has been involved in any wrongdoing in a scheme of granting subsidies for vehicle manufacturing for boosting the electric vehicle sales after the government said that this company was one of the companies that was being investigated for misappropriation. The government of India has been reimbursing the electric vehicles and hybrid vehicle manufacturers for reduction of the purchase price of their vehicles under what is called the FAME program.

    There were complaints made against 12 manufacturers of electric vehicles and parts. One of them was Avon Cycles for violating the guidelines under the Rs 100 billion program.

    There were other companies which were named by the concerned ministry but the others have not made any comment yet.

    The minister also said that 2 of the 12 companies have already been suspended from the claiming of incentives after the investigation. Avon Cycles in an email has said that it does not have a two-wheeler model which is covered under any of the schemes and the three wheeler models which qualify already meet the eligibility criteria completely.

    The company in a statement said that the presence that they have is in the low speed category for the two wheelers which also implies that they don’t have any model which gets covered under the schemes and therefore no subsidies have been claimed by the two wheeler in this segment.

    The maker has said that they have two number three wheelers which qualify under the scheme and completely meet the criteria which has been set by the authorities. The sales volumes have been significant for them. India is still an electric market which is in its nascent stages and it is growing currently and has an aim of reaching a high level of sales in the coming five years.  

  • 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.

  • Trudeau promises competition with the United States.

    The cross border tensions in terms of automaking are a thing of the past for United States and Canada and Prime Minister of Canada, Justin Trudeau is now talking about the bigger bilateral challenge which is coming for Canada and that is the economic competition with United States.

    From the perspective of Canada, the first two years of the president Joe Biden had been all about the countering of United States protectionism by the preaching of virtues related to trade between the like-minded partners.

    Biden/s plan which was to energize the electric vehicle industry by increasing sales has brought Mexico and Canada into the contention and has led to the coining of a new term which is friend-shoring for placating the anxious allies of America.

    But Trudeau’s pitch means that Canada is about to make a few important decisions in the battle for the high paying jobs, sustainable growth, international talent and foreign investment.

    In an interview recently he said that competing with United States is going to be a big challenge for them as it has been under all the previous administrations.

    He also said that there will always be ways in which he is able to make the situation advantageous for the Canadians as there is a lot of room for growth along with the workforce which is well-educated, reliable and diverse and the one that comes with the built-in health care and that is going to make Canada a great place to invest in

    Also Read : EV charging sees 228% rise in investment in 2022 – (evworldnews.com)

    The PM used the example of Arcelor Mittal Dofasco which is now converting its plants into being less carbon-intensive by using the electric material instead of coal and that is going to reduce the carbon emissions by 60%. He also highlighted the need for the electric vehicle policies and promised 50,000 electric vans by 2025

  • Oregon to ban sale of fuel-powered vehicles by 2035.

    The cars which are powered on fuel, light-duty trucks along with SUVs are now going to be out of Oregon as Oregon is banning the sale of these vehicles in Oregon by the year 2035. This is an effort which comes as Oregon is going to aim to cut the climate change emissions by as much as 50% by the year 2035 and by 90% by 2050. The transportation sector is going to account for close to 40% of the emissions in Oregon and is also the biggest pollution source in United States.

    The policymakers of the state have approved a rule which is going to ban the sale of the new gasoline-powered vehicles in the city by the year 2035.

    The rule has also been adopted by California and it requires the car manufacturers to sell a major percentage of the zero-emission vehicles as a part of the total sale. The target for them is 35% in 2026 and has been increased to 100% by the year 2035.

    This is a ban which doesn’t affect the cars which are already on road and doesn’t require the Oregonians to stop the buying of fuel powered vehicles. The used vehicles will be available for further sale in the state but the sales of a new car will be banned and will have to be done out of the state.

    However over a dozen states are now going to follow the same policy and Oregon is going to be the third state to adopt this act. The act allows Oregon and the other states to either align with the emission standard which are federally proposed or with California’s stringent rules.

    This is going to be an important step by Oregon to increase the focus on electric vehicles with such regulation encouraging people to buy electric vehicles.

  • Electric Vehicles have existed for more than a century.

    Electric vehicles are widely perceived to be a phenomenon which has recently grown but it is a story which starts many years before the onset of the superpower of electric vehicles which is Tesla. William Morrison who is believed to be the eccentric chemist had been working on an electric carriage long before the 1900s and he did it in his secret basement which he called Cave. The vehicle may not be a competitor to the kind of technological advancement we currently have but it was certainly an inspiration for many a scientist who has been researching on bringing the carbon footprint of the country down. Electric cars history suggests in 1900s were a golden period for the EVs as over one third of the vehicles which were built were electric ones. The problem then however was the slow speed of the vehicle and the heavy batteries and the mass-produced Model T of Ford which had been dealing serious haymakers to the industry of electric vehicles.

    Also read : EV World News – Get into the world of Electric Vehicles

    Ford was the pioneer of creating petrol powered vehicles and making them affordable for the buyers. The US had a better infrastructure than most other economies and the growth of Texas Crude oil gave rise to some of the biggest innovations of the country in terms of vehicles. Rural Americans found it easy to get to petrol and found it really cheap as well.

    The growth has been based on the electric vehicle need due to the carbon neutral need as the climate change has taken place with environment taking a battering due to the petrol based carbon emissions. Electric vehicles are offering a hope to grow the countries towards a carbon neutral future which could be more sustainable than the one that we are currently looking at. The growth is expected to further take place with investment by the governments.

  • Canada Electric vehicle to be slower in the coming years

    The transformation of Canada Electric Vehicle is picking speed up rapidly with the automakers committing an estimate of $1.2 Trillion to the electrification through the year 2030 for building tens of the millions for the electric vehicles, more than the double of amount from only a year ago. As more of the electric vehicles come to the market, the countries around the world have been rapidly building the charging infrastructure and supporting the citizens in transition to the electric.

    While others race ahead for an electrified future, the country is on a low battery of Canada.

    As per the electric vehicle readiness index which is developed by the global accounting firm Ernst Young, Canada has now fallen from the eighth place in the year 2021 to the 13th in the year 2022 of the top 14 vehicle markets of the world. The main reasons are the lack of ambition on the charging infrastructure and the consumer incentives.

    The recent assessment of the needs of charging suggests that for every 24 electric vehicles on road by 2030, Canada is going to need just one public charger. Comparing this to California, a jurisdiction the federal government regularly co-operates with on the climate policy where the estimate of the California Energy commission estimates that every 12 electric vehicles on road is going to require one public charger by the year 2030.

    The charging infrastructure build-out of Canada is very concerning too. As of the year September 2022, only 2500 chargers had been operational of planned 84,500 government funded charging.

    Also Read : Rwanda electric Vehicles not going as planned by the government. – EV World News

    At the pace of construction, the chargers which are government funded won’t be operational until after 2050 which is decades after the target of EV sales which the government has set. Canada has an antiquated approach to the electricity which is becoming difficult for the country.

  • Lyft wants to have more drivers into electric vehicles

    Lyft which is an app-based ride-booking service which is rolling out the new set of perks geared towards having more drivers into the electric vehicles.

    This is a move which could come as the federal government has been offering a more generous tax credit for the purchase of electric vehicle which meets certain requirements. Many states as well as localities also have the incentive programs and are planning for the significant expansion of the electric vehicle charging infrastructure.

    Also Read : Krishan Pal Gurjar reveals steps about adoption of electric mobility (evworldnews.com)

    In California, Uber and also Lyft are also facing state regulation that call for the emission cuts from the ride-booking services in years ahead.

    Lyft has said on Monday that it is going to award the drivers in California in the $150 bonus if they compete close 50 trips in the week using the personal electric vehicle. That incentive is going to run through the December of 2024 and the drivers can keep receiving bonus until they hit $8,100. The drivers can only have one bonus payment every week.

    Additionally, it has also been said by Lyft it had entered with charging company EVgo to get the US drivers discount of close to 45% on the standard charging rates, with savings could vary on the basis of factors such as location and time. And it announced the discounts and the pre-negotiated rates for home charging equipment and the installations with couple of different companies, Coil and Wallbox.

    Lyft pledged a couple of years for having all the vehicles on the platform to go electric by the year 2030.

    The company has dumped upward of the $45 million into campaigns for the failed measure on November Ballot of California that would have raised the taxes on the people earning more than $2 million every year for helping in paying for electric vehicle subsidies.