Briefly | 12 Jul 2023
➤ Tesla to Launch Electricity Supplier in Britain
➤ Lucid's Q2 Deliveries Fall Short of Estimates Amid Demand Concerns
➤ Record Market Share for EVs in France in June 2023
➤ Audi Hoonitron Set to Conquer the Hill at 2023 Festival of Speed
➤ Ford Teases High-Performance 'Electric Pony' Mustang Mach-E
➤ Dacia Sandero: Affordable EV Hatch for 2027
➤ Electric Fiat 500 Demand Surges with £3000 Grant
➤ China's NEV Sales Jump 44.1% in H1
➤ VW Faces Demand Challenges in Europe
➤ VW Electric Car Sales Slump as Tesla and China Win Price War
➤ European Parliament Sets EU-wide Charging Infrastructure Targets
➤ EU Council Approves Battery Market Regulation
➤ Used EV Prices Plummet as Pre-Owned Market Levels Off
➤ Amazon's Electric Delivery Vans from Rivian
➤ Advantages of 800V Charging in EVs
Tesla Electric is expanding into the UK market to supply electricity to households with Tesla products. The plan involves storing cheap electricity and selling it back to the grid at higher prices, aiding the transition to 100% renewable energy.
Luxury EV maker Lucid Group delivered fewer Air sedans than Wall Street estimates for Q2, amid concerns about demand. Despite having a backlog of reservations, Lucid only plans to produce 10,000 to 14,000 Airs in 2023.
In June 2023, electric vehicles (EVs) made up a record 26.9% market share in France, up from 19.8% the previous year. The Tesla Model Y was the best-selling Battery Electric Vehicle (BEV) for the month.
Audi's Hoonitron, an all-electric Quattro tribute, will be driven by nine-time Le Mans winner Tom Kristensen at the 2023 Festival of Speed. The car's power outperforms any of the Le Mans Prototype 1 (LMP1) cars Kristensen has raced.
Ford is set to unveil a high-performance electric Mustang Mach-E at the 2023 Goodwood Festival of Speed. A teaser suggests an off-road adventure edition, complementing Ford's ongoing work on a high-performance electric F-150 Lightning pickup.
Dacia plans to reinvent its fourth-generation Sandero as an affordable electric supermini by 2027 or 2028. The company is investigating cheaper battery chemistries to maintain affordability.
Fiat UK experienced a surge in inquiries about the electric Fiat 500 following the introduction of a £3000 E-Grant to encourage EV adoption. The grant was launched after the UK government withdrew similar incentives a year ago.
China's New Energy Vehicles (NEVs) sales increased by 44.1% year-on-year in H1 2023, reaching nearly 3.75 million units. NEV exports also grew, with a 160% year-on-year expansion.
Volkswagen (VW) is experiencing decreased demand for their electric models in Europe, with production reportedly decreasing at their Emden plant. VW produced 97,000 units from January to May but sold only 73,000.
Electric car sales in Germany for Volkswagen are below targets, with some battery-electric models seeing demand drop to zero. Subsidy cuts, high inflation, and competition from other manufacturers are contributing factors.
The European Parliament has approved legislation to expand EV charging and hydrogen infrastructure across the EU. By 2026, charging stations for electric cars should be available every 60 kilometers along main routes.
EU member states have approved comprehensive battery market regulation, promoting a circular economy for all types of batteries. The regulation requires mandatory declarations and labels related to battery components and recycled content.
A study shows a 29.5% drop in used Electric Vehicle (EV) prices following months of rising prices. Factors contributing to the price drop include Tesla's aggressive pricing cuts and a rise in supply.
Amazon has introduced more than 3,000 custom electric delivery vans across the U.S., aiming to have 100,000 such vehicles on the road by 2030. Amazon plans to invest over 1 billion euros over the next five years to decarbonize and electrify its European transportation network.
Several electric vehicles now support 800-volt DC fast-charging for rapid charging with lighter, thinner cables. Among the manufacturers offering this technology are Audi, Porsche, GMC, Hyundai, and Kia, while Tesla's upcoming V4 Supercharging will offer 1,000-volt capability.