Evs California – Sfeva http://sfeva.org/ Wed, 12 Jan 2022 11:31:14 +0000 en-US hourly 1 https://wordpress.org/?v=5.8 https://sfeva.org/wp-content/uploads/2021/05/sfeva-icon-150x150.png Evs California – Sfeva http://sfeva.org/ 32 32 Porsche to compensate VWCV for not building flagship vehicle in Hanover https://sfeva.org/porsche-to-compensate-vwcv-for-not-building-flagship-vehicle-in-hanover/ Wed, 12 Jan 2022 09:23:00 +0000 https://sfeva.org/porsche-to-compensate-vwcv-for-not-building-flagship-vehicle-in-hanover/

Last month, VW Commercial Vehicles (VWCV) announced that its Hanover site will build the flagship electric vehicle for Audi’s Artemis project from 2025, alongside the bodywork of a sister Bentley car.

Originally, the factory was also to manufacture the Porsche variant of the same vehicle, but the luxury sports car maker withdrew from the deal, motivating its car not to need the functions of advanced autonomous driving of the Artemis project. Porsche executives believe that these functions would not be suitable for the clientele of buyers focused on the performance of the brand.

As a result, the Zuffenhausen-based brand lobbied the VW Group to have its version of the vehicle built at a Porsche factory. The parent company has approved the request, but it will cost Porsche some 100 million euros ($ 113 million) to redeem itself from the project, according to sources cited by Automobilwoche.

According to initial plans, Hanover was expected to build 25,000 units of the Porsche model per year, and VWCV had included the production estimate in its financial planning to ensure job security at the plant until 2029.

Porsche will now have to pay compensation to VWCV, allowing the latter to replace the lost production with other models.

The luxury sports car maker will move production of its flagship electric product, known internally as the K1, to its factory in Leipzig, Germany. The automaker plans to start production in 2026, a year later than expected in Hanover.

Delay aside, Porsche’s decision makes sense given that its model will not be based on Audi’s Artemis, but will use the Premium Platform Electric (PPE) architecture jointly developed by Audi and Porsche.

The same platform has been developed by Porsche to underpin the next all-electric version of the Macan SUV and an electric Panamera, due in 2024 or 2025.

The president of the works council of the Hanover plant, Bertina Murkovic, said “disappointment“at the rejection of the site by Porsche but declared that the plant will operate at full capacity for this decade thanks to the new products confirmed.

These include the T7 Multivan (including a PHEV and T7 California version), T6.1, ID. Buzz in the People Mover and Cargo versions, ID. The Californian electric motorhome, Audi’s Artemis project and the body of the Bentley model based on Artemis.

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SPI Energy to Showcase Solar Panels, Residential Energy Storage Systems, EV Charger Solutions and its EV Solar Van at Intersolar https://sfeva.org/spi-energy-to-showcase-solar-panels-residential-energy-storage-systems-ev-charger-solutions-and-its-ev-solar-van-at-intersolar/ Mon, 10 Jan 2022 08:45:00 +0000 https://sfeva.org/spi-energy-to-showcase-solar-panels-residential-energy-storage-systems-ev-charger-solutions-and-its-ev-solar-van-at-intersolar/

SANTA CLARA, CA / ACCESSWIRE / January 10, 2022 / SPI Energy Co., Ltd. (“SPI Energy” or the “Company”) (NASDAQ: SPI), a global renewable energy company and supplier of solar and electric vehicle (EV) storage solutions to businesses, individuals, governments, logistics and utility customers, today announced that its wholly owned subsidiary SPI Solar Inc plans to showcase solar and renewable energy products, including solar panels, residential energy storage systems and battery chargers. electric vehicles, as well as EdisonFuture’s light solar electric vehicles, at the Intersolar show at the Long Beach Convention Center in Long Beach, Calif., January 13-15, 2022. SPI Solar will be exhibiting at booth 2159.

A car parked in front of a house Description automatically generated

“With the recent acquisition of the 140,000 square foot plant in Sacramento, California, we can further support our growth and expansion of the green economy with a California-based solar module manufacturing plant,” commented Denton Xiaofeng Peng, Chairman and CEO of SPI Energy. “The new Sacramento facility allows us to deliver ‘made in the USA’ clean energy products, solar panels and energy storage systems to electric vehicle chargers. “

SPI Solar plans to begin manufacturing solar panels in the first quarter of 2022 using existing production lines from the former Sunergy solar PV plant. At the same time, SPI Solar will modernize the facility with new technology and advanced equipment, reaching a total solar module production capacity of 1.1 gigawatt (GW) in the second half of 2022. In addition, SPI Solar plans to add a battery pack and charger assembly lines for electric vehicles on site in the near future.

“Given the current logistical challenges around the world, these production facilities will ensure our US-based customers have a stable and consistent supply,” Peng continued. “Our presentation of solar products, energy storage, electric vehicle charging and solar electric products at Intersolar highlights the core strategy of SPI and our subsidiaries of embracing the larger clean energy revolution that is taking place in today’s market. “

The United States installed 3.8 GW of solar PV capacity in the third quarter of 2020 to reach 88.9 GW of total installed capacity, enough to power 16.4 million American homes. Wood Mackenzie forecasts annual growth of 43% in 2020, with more than 19 GW of installations expected. In total, the US solar market will install more than 107 GW of solar power over the next five years.

The global electric vehicle battery market is expected to grow at a CAGR of 25.3%, from $ 27.3 billion in 2021 to $ 67.2 billion by 2025, according to MarketsandMarkets, a B2B researcher.

Approximately 2.9 million pickup trucks were sold in the United States in 2020, representing almost 20% of the entire United States vehicle market. According to data from Cox Automotive, nearly 2 in 5 consumers in the pickup truck market over the next two years are considering an electric pickup truck.

The global last mile delivery market was valued at $ 18.7 billion in 2020 and is expected to reach $ 62.7 billion by 2027, according to AllTheResearch. The World Economic Forum recently announced that the increase in last-mile delivery requests will lead to a 36% increase in the number of delivery vehicles in the world’s top 100 cities by 2030. Fleet operators pursuing practices eco-friendly logistics, such as Amazon’s order for 100,000 electric delivery vans and FedEx’s plans to fully electrify its entire collection and delivery fleet by 2040, the demand for electric vehicle solutions for the last mile should increase significantly.

About SPI Energy

SPI Energy Co., Ltd. (NASDAQ: SPI) is a global renewable energy company and provider of solar and electric vehicle (EV) storage solutions that was founded in 2006 in Roseville, Calif. And headquartered in Santa Clara, Calif. .

The company has three main divisions: SolarJuice residential solar, the commercial and utility solar division made up of SPI Solar and Orange Power, and the EdisonFuture / Phoenix Motorcars EV division. SolarJuice is the leader in renewable energy system solutions for residential and small commercial markets and has extensive operations in the Asia-Pacific and North America markets. The commercial and utility solar division provides a full range of EPC services to third-party project developers and develops, owns and operates solar projects that sell electricity to the grid in multiple regions including the US, UK and in Europe. Phoenix Motorcars is a leader in mid-duty electric utility vehicles and develops solutions for electric vehicle chargers, electric vans, electric forklifts and other electric vehicle products.

SPI maintains global operations in North America, Australia, Asia and Europe and also targets strategic investment opportunities in fast growing green industries such as battery storage, charging stations and other vehicles. electrics that leverage the company’s expertise and significant solar cash flows.

For more information on SPI Energy and its subsidiaries, the Company recommends that shareholders, investors and other interested parties read the Company’s public documents and press releases available in the Investor Relations section of www.SPIgroups.com or www.sec.gov.

Forward-looking statements

This press release contains forward-looking statements, as that term is defined in the Private Litigation Reform Act of 1995, that involve significant risks and uncertainties. Forward-looking statements can be identified by the use of words such as “could”, “could”, “could”, “intention”, “should”, “could”, “could”, “could”, “could”. “,” To continue “,” to expect “,” to believe “,” to anticipate “,” to estimate “,” to predict “,” prospects “,” of d ‘d’ d ‘d’ d ‘d’ d ‘expressions variants or negative aspects of these terms or other comparable terminology. Readers are cautioned not to place undue reliance on these forward-looking statements, which reflect the Company’s current expectations and speak only as of the date of this press release. Actual results may differ materially from the Company’s current expectations depending on a number of factors. These factors include, but are not limited to, the coronavirus and the measures taken in this regard, adverse changes in general economic and market conditions, competitive factors including, but not limited to, pressures on pricing and new product launches, uncertainty about customer acceptance of new product offerings and market changes. , the risks associated with managing the growth of the business and the other risks and uncertainties described in the “Risk Factors” section of the Company’s Form 20-F filed with the Securities and Exchange Commission. Except as required by law, the Company assumes no responsibility for revising or updating forward-looking statements.

Contact SPI Energy Co., Ltd. :

RI Department
ir@spigroups.com

Dave gentry
RedChip Companies, Inc.
Telephone: (407) 491-4498
dave@redchip.com

THE SOURCE: SPI Energy Co., Ltd.

See the source version on accesswire.com:
https://www.accesswire.com/681630/SPI-Energy-to-Showcase-Solar-Panels-Residential-Energy-Storage-Systems-EV-Charger-Solutions-and-its-Solar-EV-Pickup-Truck- at-Intersolar-Show

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Comment from Don Brunell: Not so fast on the push for electric vehicles https://sfeva.org/comment-from-don-brunell-not-so-fast-on-the-push-for-electric-vehicles/ Tue, 04 Jan 2022 22:37:05 +0000 https://sfeva.org/comment-from-don-brunell-not-so-fast-on-the-push-for-electric-vehicles/

By Don Brunell

When Toyota speaks, car buyers are listening. Hopefully our elected officials will do it too.

Toyota is one of the two largest manufacturers of cars and trucks in the world – twice the size of GM, which is our biggest. Toyota warns the world is far from ready to ditch gasoline and diesel engines and needs batteries to keep our replacements running.

For Toyota, it’s not just about finding enough critical battery materials like lithium, cobalt and nickel, it’s also about having enough electricity in our power grid to recharge them.

Specifically, Toyota is concerned not only about the capacity of our network today, but in the future, when at least 30 times as many electric cars and trucks are expected to be on the roads.

Last spring, Robert Wimmer, head of energy and environmental research at Toyota, testified before the US Senate warning of problems with the electricity supply. According to PJMedia.com, “If we are to make dramatic progress in electrification, huge challenges will have to be overcome, including refueling infrastructure, battery availability, consumer acceptance and affordability.” said Bryan Preston of PJMedia.com.

Wimmer’s remarks follow GM’s announcement to phase out all gas-fired internal combustion engines by 2035. Other manufacturers, including Mini, have followed suit with similar announcements.

Based on a 2017 U.S. government study, Toyota believes that the electricity supply and infrastructure are woefully inadequate. He saw a need for 8,500 strategically placed charging stations to support a fleet of 7 million electric cars (EVs).

That’s about six times the current number of electric cars, but no one is talking about supporting just 7 million cars, Wimmer added.

“We should be talking about feeding around 300 million people over the next 20 years,” he said.

Toyota is not alone in serving the reality check. Tesla’s Elon Musk, who built his empire on electric vehicles, agrees.

In December, Governor Jay Inslee released his latest climate proposal calling for a carbon-neutral electricity grid by 2030 and one powered by 100% clean electricity by 2045. It is increasing its building codes that include a phase-out of natural gas for space heating and water by banning the use of fossil fuels for heating and hot water in new buildings by 2030.

The codes add pressure on the electricity grid to replace natural gas.

Rep. Mary Dye (R-Pomeroy) added that Inslee’s natural gas ban is important.

“It’s a big industry because it provides heat to about 1.2 million homes, there are 107,000 commercial buildings and 3,500 industrial buildings that run on clean, efficient and reliable natural gas. In addition, it supplies about 11% of our electricity network.

Washington is perhaps in a better position than most places to increase the supply of electricity because of our abundant hydroelectric system, which provides two-thirds of our electricity.

Today our state has an adequate supply of electricity, but if proposals to ban natural gas in new homes and buildings and demands for electric vehicle charging skyrocket, our state could face the same declines in electricity. tension than California and China. (China currently has the most electric vehicles on the road while California leads the United States)

China and California, which have large wind and solar farms, have grid overload and more people are losing electricity. It will probably be much worse in the future.

China, by far the biggest emitter of greenhouse gases, says it will take at least 2060 before it is carbon neutral. Meanwhile, rather than replacing the production of electricity from fossil fuels, it increases the capacity of the grid to meet the expected load.

Toyota’s alarm is a good thing. Addressing power shortages now, before we are back to the wall, is even better.

•••

Don C. Brunell is a business analyst, writer and columnist. He retired as president of the Association of Washington Business, the state’s oldest and largest business organization, and now lives in Vancouver. He can be contacted at theBrunells@msn.com.

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Why the Lucid Air is more attractive than the Mercedes-Benz EQS https://sfeva.org/why-the-lucid-air-is-more-attractive-than-the-mercedes-benz-eqs/ Sun, 02 Jan 2022 21:30:00 +0000 https://sfeva.org/why-the-lucid-air-is-more-attractive-than-the-mercedes-benz-eqs/

You could say that comparing electric vehicles is like comparing apples to apples, especially if you are of the school of thought that when the motor is gone, cars are essentially vehicles of interchangeable battery powered transport.

But from what we’ve seen so far, in a short time, these BEVs aren’t all about just hum and zero emissions – there are a wide variety of styles, shapes and designs available. different interiors, not to mention very different performance and range. .

Of course, performance and range usually increase with price, but here we are looking Lucid – who might be onto something with their first offer.

This luxury sedan from the California startup is, they hope, the new rival in the luxury electric car segment.

Let’s see how it performs against a premium German rival, which is similar in many ways. But as we’ll see, the Lucid Air has a few things up its sleeve.

Lucid Air vs. Mercedes-Benz EQS: the battle of electric super sedans


Via: Lucid
Via: Lucid

The Mercedes-Benz EQS is a luxury, premium sedan, with a high entry point of $ 100,000 and a host of technologies and features to justify the price.

Available in two models, the EQS480 + and the 580 4Matic, horsepower ranges from 329 hp to 516 hp in the more expensive and faster version, while 0-60 mph is in the 4 to 5 range, 5 seconds.

You get up to 350 miles of range and a few chassis tricks like adaptive air suspension and 4-wheel steering.

Inside, the cabin has all the features and opulence one would expect from the German marque, with an optional huge 56-inch screen.

Aside from the superior range and horsepower on offer, the Tesla Model S isn’t as good as an EQS either, so the Air has its work cut out for it.

Why the Lucid might be a better bet than the German super-EV has a multi-part answer, but it’s not just numbers on paper, of course.

It is a car that many people will like whether they can buy one or not; it’s a left-field, original and an alternative to the usual brands that everyone will buy – like the EQS or its various stable mates.

RELATED: The Lucid Air Dream Edition Is Getting All the Attention Right Now

Lucid’s Air is the first electric vehicle, which its manufacturer dropped from the park


Via: Ohlardigital
Via: Ohlardigital

It has an interesting name, not just a set of numbers – giving it personality, while the trims also have unique names, and the design, while sleek and refined, has a style that somehow refuses to conform.

You won’t see much of it on the road either, despite Lucid’s promise to grow to 400,000 per year – the first 20 were delivered last year in Q3.

Either way, the Air’s very important specs will win the Top Trump battle against the EQS and even the Model S for that matter.

2.5 seconds trumps everything but the Tesla Model S Plaid, although that’s good enough for anyone unless you’re a YouTuber making money from drag strip videos.

The range is up to a whopping 520 miles and horsepower will be offered up to 1,111 – better than even the Plaid at a measly 1,020 hp.

A charging capacity of 300 kW gets a charge of 300 miles for a 20 minute charge suitable for lattes, while 4WD will provide traction when you pull away from Starbucks.

The final bonus is that if you just want EQS levels of performance and don’t worry about racing Tesla Model S Plaids – Lucid has the entry-level Pure car for sale for around $ 75,000.

That cuts the EQS by around $ 30,000 and for that, you’ll still get all the individuality, 14 cameras, 5 radars, and 32 sensors, plus 400 miles of range with 480 hp via the rear wheels.


Doug DeMuro Lucid Air Dream
Hear what Doug DeMuro has to say on the lucid tune

Lucid creates ripples as electric cars become the norm. Doug DeMuro will only add to the high tide in his review

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Explained: Breakthrough in battery technology https://sfeva.org/explained-breakthrough-in-battery-technology/ Sat, 01 Jan 2022 02:57:43 +0000 https://sfeva.org/explained-breakthrough-in-battery-technology/ Shareholders of California-based QuantumScape Corp, a battery start-up backed by Volkswagen AG, approved a multibillion-dollar salary package for chief executive Jagdeep Singh, who could potentially receive stock options. valued at $ 2.3 billion, subject to the company meeting certain performance milestones. .

The announcement sparked comparisons to the package Tesla awarded to Elon Musk in 2018, and highlighted the potential of this nascent industry, some of which have yet to bring a product to market.

A quantum leap

QuantumScape’s solid-state battery – lithium metal with a solid electrolyte separating the two electrodes – is seen as an unusually bright prospect in an increasingly crowded space. The company, which was co-founded by Singh a decade ago and received financial backing from Volkswagen and the Bill Gates venture capital fund, publicly traded late last year and valued at nearly $ 50 billion in a few months on the promise that its new battery technology could provide a safer, cheaper alternative to lithium-ion batteries.

Previous efforts to build a solid state (electrolyte) separator capable of working with lithium metal had to compromise on aspects such as battery life and operating temperature, and the problem of deposits. excessive lithium on the anode. QuantumScape claims to have circumvented this: Its use of solid state separation technology eliminates the side reaction between liquid electrolyte and carbon / graphite in the anode of conventional lithium-ion cells.

An employee holds a QuantumScapes solid-state lithium metal battery for electric vehicles in San Jose, Calif. On February 4, 2021. The company is working on technology that could make car batteries cheaper, more reliable, and faster to use. reload. (Gabriela Hasbun / The New York Times)

Volkswagen plans to start production of solid-state batteries by 2025 through the partnership with QuantumScape.

Semiconductor batteries

The energy density of lithium-ion cells used in cell phones and electric vehicles today is almost four times that of older generation nickel-cadmium batteries. Lithium-ion batteries use aqueous electrolyte solutions, where ions move between the anode (negative electrode usually made of graphite) and the cathode (positive lithium electrode), triggering the recharging and discharging of electrons. Despite technological improvements over the past decade, problems such as long charging times and low energy density persist. While lithium-ion batteries are considered efficient enough for phones and laptops, they still lack the reach that would make electric vehicles a viable alternative to internal combustion engines.

A major problem is that lithium metal is extremely reactive. The main form of lithium corrosion is dendrites, which are branched lithium structures that grow from the electrode and can potentially pierce through the separator and at the other end, bypassing the cell. In current lithium-ion batteries, the electrolyte of which is a flammable liquid, the formation of dendrites can start a fire.

Jagdeep Singh, CEO of QuantumScape, in San Jose, Calif., February 4, 2021. The company is working on technology that could make car batteries cheaper, more reliable, and faster to recharge. (Gabriela Hasbun / The New York Times)

QuantumScape says its lithium-metal solid-state battery replaces the polymer separator used in conventional lithium-ion batteries with a solid-state separator. The replacement of the separator allows the use of a lithium-metal anode instead of the traditional one
carbon / graphite anode.

The lithium metal anode is more energy dense than conventional anodes, allowing the battery to store more energy in the same volume, according to the company. The QuantumScape design is intended to be “anodeless” since the battery is manufactured in a discharged state and the negative electrode forms in situ on first charge.

Key Benefits

The advantages of solid-state battery technology include higher cellular energy density (by removing the carbon anode), shorter charge time (by eliminating the need to diffuse lithium into carbon particles in conventional lithium-ion cells), the ability to undertake more charge cycles and therefore a longer life and improved safety.

A lower cost could be a game-changer, given that at 30 percent of the total cost, battery expense is a key factor in vehicle costs.

A study from Deloitte has shown that the top three considerations for consumers buying an EV are price, reliability, and cost of charging. Lithium-ion battery costs are currently around $ 137 per kWh and are expected to reach $ 101 / kWh by 2023, according to data from BloombergNEF.

QuantumScape says it aims to reduce the cost of batteries by 15-20% compared to the cost of lithium-ion batteries in several years.
Others in the field

THE FORM ENERGY IRON-AIR BATTERY: In July, U.S. company Form Energy Inc. announced a rechargeable iron-air battery capable of delivering electricity for 100 hours at a system cost allegedly competitive with conventional power plants and less than a tenth the cost of the system. lithium-ion. The company said its battery at the front of the meter – a utility-scale or grid-wide storage battery that can be connected directly to a distribution or transmission grid or to utility-scale assets. power generation – can be used continuously to support 24 hour operations of a renewable power grid.

The battery exploits the concept of “reversible rust”: it uses oxygen from the air and converts metallic iron to rust when discharging, and when charging, the application of an electric current turns the rust into iron and the battery releases oxygen into the air.

However, the size and weight of the battery – each unit is the size of a small refrigerator – makes its application impractical in electric vehicles.

TOYOTA SOLID STATE BATTERY:
Toyota tops the list of some 1,000 global patents for solid-state batteries. The Japanese automaker is trying to take the lead from the Chinese, who are currently the leaders in Li-ion batteries. Toyota plans to be the first company to sell an electric vehicle equipped with a solid-state battery and is in the process of unveiling a prototype. Nissan is also in the fray.

APPLE BATTERY TECHNOLOGY:
In the last half of 2020, Apple Inc said it is advancing in self-driving car technology and is aiming for 2024 to produce a passenger vehicle.

At the heart of Apple’s strategy is a ‘revolutionary’ battery design that could ‘drastically’ reduce the cost of batteries and increase vehicle range, according to someone familiar with Apple’s battery design cited by Reuters.


TESLA BATTERY TABLES:
In September last year, Tesla unveiled plans to develop a new “tableless” lithium-ion battery that could improve the range and power of an electric car. A tab is the part of the battery that forms a connection between the cell and what it powers. Tesla says its cells without tables will give the company’s electric vehicle batteries five times the energy capacity, make them six times more powerful and allow a 16% increase in vehicle range.

INDIA’S BATTERY PUSHBUTTON

THE CENTER is working on a plan for an approximately 4,000 MWh grid-wide battery storage system project in regional load sharing centers that control the country’s electricity grid, primarily to balance the vagaries of the renewable energy production.

RELIANCE INDUSTRIES LTD has announced its intention to set up a Giga energy storage plant; State-owned NTPC Ltd has issued a global tender for a grid-scale battery storage project.

THE DEPARTMENT of Heavy Industries issued a request for proposal on October 22 this year for the establishment of manufacturing facilities for the storage of Advanced Chemistry Cell (ACC) batteries in India. The deadline for submitting proposals was December 31.

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In 2021, electric transport in the south-east has taken off – SACE | Southern Alliance for Clean Energy SACE https://sfeva.org/in-2021-electric-transport-in-the-south-east-has-taken-off-sace-southern-alliance-for-clean-energy-sace/ Thu, 30 Dec 2021 14:03:12 +0000 https://sfeva.org/in-2021-electric-transport-in-the-south-east-has-taken-off-sace-southern-alliance-for-clean-energy-sace/

2021 could prove to be the year the electric vehicle market has reached an inflection point, taking off nationally and in the historically lagging Southeast.

Stan’s Cross | December 30, 2021

| Electric vehicles

Accelerated growth. This is what happened in the electric vehicle (EV) market this year.

Consumers have been buying electric vehicles at an all-time high. June and July recorded the highest number of monthly electric vehicle sales to date, and in September, 5.6% of all light vehicle sales were of electric vehicles, the highest market penetration on record. Automakers have committed more than $ 60 billion to expanding electric vehicle manufacturing in the United States. Meanwhile, six major automakers, including Ford and GM, thirty countries and California, New York and Washington have pledged to phase out production of internal combustion vehicles by 2040. And to ease the transition, Congress adopted the bipartite infrastructure package which includes 7.5 billion dollars to expand the national network of charging stations for electric vehicles from 100,000 to 500,000 stations.

Highlights of the Southeast

As indicated in the report “Electrification of transport in the South-East”, this national momentum is reflected in the South-East, where investments in the manufacture of electric vehicles, job growth, sales of electric vehicles, the deployment of charging stations, investments in electric utilities and government spending are all on the rise.

Southeast Electric Vehicle Market Indicators through July 2021

Source: SACE + Atlas Public Policy, “Electrification of transport in the South-East”, South-East Indicators until July 2021, page 6

Economic development is expanding

The Southeast, which historically lagged behind the main regions for electrification of transport in sales of electric vehicles and the deployment of charging infrastructure, has also established itself as a powerhouse in the manufacture of electric vehicles. Regional investments in electric vehicle manufacturing climbed 66% from July 2020 to July 2021 to reach $ 11.1 billion. Since then, additional investments of $ 11.9 billion have been announced which, combined, are expected to create 15,200 electric vehicle and battery manufacturing jobs:

  • Ford in Tennessee
  • Toyota and Arrival in North Carolina, and
  • Rivian in Georgia.

Currently, Tennessee is No. 1 in the Southeast in terms of investment and jobs in the manufacturing of electric vehicles. As of July 2021, the state had captured 25% of the country’s electric vehicle manufacturing investment, up 172% from July 2020, and 9% of related jobs, up 57%. And that was before Ford announced a $ 5.6 billion vehicle and battery plant east of Memphis. With the year-end announcement that electric vehicle maker Rivian will invest $ 5 billion in a new vehicle and battery manufacturing plant outside of Atlanta, # 2 for investments and jobs in electric vehicle manufacturing, Georgia, is set to give Tennessee a chance in 2022.

Automakers and supply chain companies are thriving in the Southeast as the region has an established automotive ecosystem, utility prices are low, states offer attractive incentives, and the workforce. work is cheaper and unions are weaker. The latter has become a flashpoint as the Biden administration lobbies for U.S.-made and union-made electric vehicles and batteries.

Boom in investment in public services

Investor-owned utilities (IOUs) in the region have increased their investments in the deployment of electric vehicle charging stations, the design of tariffs to support the electrification of cars, trucks and buses, and the financing of electric vehicles. electric school bus drivers. From July 2020 to July 2021, debt recognition investments approved by regulators increased by 306% to reach $ 130 million. And then, the approved tariff business settlements with Duke Energy Florida and Florida Power & Light injected an additional $ 264 million, bringing the total to date to $ 394 million.

Florida is # 1 in the Southeast for utility investments, with $ 337 million approved by the state utilities commission. For the point of view, North Carolina Trails at # 2 with $ 24 million approved and $ 56 million pending decision by regulators. The ongoing challenge for utilities and regulators is to ensure that these and future investments allow equitable access for all to owning electric vehicles and the resulting benefits to public health and economic savings.

Investments in utilities are increasing due to two factors:

  • Utilities offer larger and more robust electric transport pilot programs and
  • Regulators are increasingly approving rate-based programs.

As these pilots roll out, regulators, utilities and advocates will seek results that demonstrate significant value to the emerging electric vehicle market and to taxpayers. Successful programs will provide widespread access to electric vehicle charging, increase sales of electric vehicles, and generate new revenue for utilities, which will put downward pressure on utility rates for all.

Acceleration of the deployment of sales of electric vehicles and charging stations

From July 2020-2021, sales of electric passenger vehicles in the Southeast increased by 46%. The deployment of charging stations increased by 57%. But in both categories, the region lags behind, accounting for around 18% of the country’s population but only 10% of electric vehicle sales and 14% of charger deployments.

Florida leads the way in gross sales of electric vehicles and infrastructure deployment. But when you take into account the state’s population, Georgia is No. 1 in both categories. Only Georgia and Florida fall in the national average ranges for electric vehicle sales and chargers per capita, while Alabama, North Carolina, South Carolina and Tennessee lag behind.

Source: SACE + Atlas Public Policy, “Electrification of transport in the South-East”, South-East indicators until July 2021, Figure 10

Sales of electric vehicles are increasing as more consumers and fleet operators realize the benefits of technology and a wider range of electric vehicle models come to market. Automakers expect electric passenger vehicles to reach price parity with gasoline-powered cars over the next several years. When that happens, sales of electric passenger vehicles are expected to skyrocket.

The deployment of electric vehicle charging infrastructure has been boosted by state government funding through the Volkswagen regulation and investments in regional utility programs. New federal infrastructure funding will further accelerate the deployment of electric vehicle chargers in the coming years.

The climate imperative

In the wake of COP 26 this year, governments around the world have reaffirmed their shared belief that the climate crisis is upon us and that measures to reduce carbon emissions must be stepped up around the world. Transportation is the number one carbon polluting sector in the United States and the Southeast.

Electric utilities are stepping up their decarbonization efforts, making the electricity used by electric vehicles cleaner every day. As the trend towards low-carbon electricity generation continues, the climate benefits of electrifying transportation are increasing exponentially.

Electricity consumption of electric vehicles in the south-east

Source: SACE + Atlas Public Policy, “Electrification of transport in the South-East”, South-East indicators until July 2021, Figure 3

What to expect in 2022

The bipartisan infrastructure investment and jobs law will begin funding $ 5 billion in charging infrastructure to be administered by state transportation departments and soliciting proposals for the $ 2.5 billion in funding. competitive grants. These $ 7.5 billion in electric vehicle infrastructure are more than invested to date by the states and utilities of the country combined.

It’s a game changer. The focus will now be on the state level, ensuring that money is spent effectively and efficiently and that the result is greater and more equitable access to recharging. electric vehicles along road corridors and across the country’s rural landscapes. The success will help consumers and fleet operators make the switch to electric cars, trucks and buses.

Assuming a version of the Build Back Better Act can be passed by Congress, approved infrastructure investments can be enhanced by financial incentives to help consumers and fleet operators purchase electric vehicles that will remain more expensive than gasoline and diesel vehicles for a few years.

Combine this influx of funding with the automakers’ plans for 2022 to launch dozens of new electric vehicle models, including the highly anticipated Rivian R1T and Ford F150 Lightning pickups, and we have the means to have an exciting year for vehicles. electric. Stay tuned.

Electrify the Southis a program of the Southern Alliance for Clean Energy which leverages research, advocacy and awareness to promote renewable energy and accelerate thefair transition toelectric transport throughout South East. Visit ElectrifytheSouth.org to learn more and connect with us.

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Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces the Filing of a Securities Class Action on Behalf of Investors in l’Arrivée SA (ARVL) https://sfeva.org/glancy-prongay-murray-llp-a-leading-securities-fraud-law-firm-announces-the-filing-of-a-securities-class-action-on-behalf-of-investors-in-larrivee-sa-arvl/ Tue, 28 Dec 2021 18:00:00 +0000 https://sfeva.org/glancy-prongay-murray-llp-a-leading-securities-fraud-law-firm-announces-the-filing-of-a-securities-class-action-on-behalf-of-investors-in-larrivee-sa-arvl/

LOS ANGELES, December 28, 2021– (BUSINESS WIRE) – Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, announces that a class action lawsuit has been filed on behalf of investors who have purchased or otherwise acquired Arrival SA (“Arrival” or the “Company”) (NASDAQ: ARVL) common stock between November 18, 2020 and November 19, 2021, inclusive (the “Remedy Period”). Incoming investors have up to February 22, 2022 file an application as the principal applicant.

If you have suffered a loss on your investments on arrival or would like to inquire about possible legal actions to recover your loss under federal securities laws, you can submit your details at www.glancylaw.com/cases / arrival-sa /. You can also contact Charles H. Linehan of GPM at 310-201-9150, toll-free at 888-773-9224, or by email at shareholders@glancylaw.com to learn more about your rights.

On November 8, 2021, Arrival released its third quarter financial results, which revealed a loss of € 26 million and an adjusted EBITDA loss of € 40 million. The company also revised its outlook, expecting “a significant drop in vehicle volumes and revenues in 2022”.

At this news, Arrival’s stock price fell $ 4.33, or 24%, to close at $ 13.46 per share on November 10, 2021, hurting investors.

Then, on November 17, 2021, Arrival announced a $ 200 million offer of senior green convertible bonds due 2026, intended to finance the development of electric vehicles. Arrival also announced an offer of 25 million common shares, which is expected to raise $ 330 million.

On this news, Arrival’s stock price fell $ 0.82, or 8%, to close at $ 9.91 on November 18, 2021, further hurting investors.

The complaint filed alleges that throughout the Claim Period, the Defendants made materially false and / or misleading statements, as well as failed to disclose material adverse facts regarding the business, operations and prospects of the Company. . More specifically, the Defendants failed to disclose to investors that: (1) the Company would record a significantly greater net loss and adjusted EBITDA loss in the third quarter of 2021 compared to the third quarter of 2020; (2) the Company would incur significantly higher capital and operating expenses to operate and deploy its micro-factories and manufacture electric vehicles than those disclosed; (3) the Company would not capitalize on or achieve profitability or provide significant income within the time periods disclosed; (4) the Company would not meet its production and sales volumes; (5) the Company would not meet the disclosed production deployment deadlines; (6) as a result, the Company has significantly overestimated its financial and operating situation and / or its outlook; and (7) accordingly, the Company’s public statements were materially false and misleading at all material times.

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If you have bought or acquired ordinary shares of Arriving during the Recourse Period, you can apply to the Court at the latest February 22, 2022 ask the Court to appoint you as the principal plaintiff. To be a member of the Class, you do not need to take any action at this time; you can retain the services of a lawyer of your choice or take no action and remain an absent member of the group. If you would like to know more about this action, or if you have any questions regarding this announcement or your rights or interests in any such matters, please contact Charles Linehan, Esquire, of GPM, 1925 Century Park East, Suite 2100, Los Angeles California 90067 at 310-201-9150, toll free at 888-773-9224, by email at shareholders@glancylaw.com, or visit our website at www.glancylaw.com. If you are applying by email, please include your mailing address, phone number and number of shares purchased.

This press release may be considered an attorney’s advertisement in certain jurisdictions under applicable law and ethical rules.

See the source version on businesswire.com: https://www.businesswire.com/news/home/20211228005042/en/

Contacts

Glancy Prongay & Murray LLP, Los Angeles
Charles H. Linehan, 310-201-9150 or 888-773-9224
1925 Century Park East, Suite 2100
Los Angeles, California 90067
www.glancylaw.com
shareholders@glancylaw.com


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Reviews | Top six reasons to be happy with electric vehicles in the United States in 2022 https://sfeva.org/reviews-top-six-reasons-to-be-happy-with-electric-vehicles-in-the-united-states-in-2022/ Sun, 26 Dec 2021 17:00:12 +0000 https://sfeva.org/reviews-top-six-reasons-to-be-happy-with-electric-vehicles-in-the-united-states-in-2022/

The Biden administration’s Infrastructure and Jobs Act, passed in October, and new fuel standards set by the EPA will have a positive impact on electric vehicles in the United States over the coming year. Let’s review this good news.

1. Consumers will see their electric supply double, from 20 now to 40 next year this time around, as many major automakers jump into EVs with both feet. So writes Tim Levin and Business Insider. Middle-class Americans want SUVs and trucks, and they’ll finally have a good selection of them. Prices for electric vehicles are also falling, and some are much more affordable than a Tesla. It should be noted that the average vehicle bought in the United States costs $ 45,000, with many electric sedans at this price point, if not slightly less.

2. Levin also notes that in 2021, 3% of new car sales nationwide were electric vehicles. This percentage is expected to rise to 5% next year, on sales of around 15.5 million new vehicles. In absolute numbers, this represents an increase of about 465,000 electric vehicles sold to 775,000. By 2025, in just three years, some 2 million electric vehicles are expected to be purchased by Americans. California is ahead of the game here, with a million EVs on the road. Electric cars, in fact, have become the state’s number one export.

3. The price of a kilowatt hour of battery use was just $ 1,000 a decade ago, says the BBC’s Justin Rowlatt. Today, it is $ 100 per KWh, or only one tenth. It’s already cheaper to buy an electric vehicle and run it than to buy an equivalent internal combustion vehicle and keep it on the road. In the latter case, you have to spend a lot of money on gasoline. EV charging is super cheap. We didn’t even notice our EV in our home electric bill. (Hint: For those who own their own home, it’s even cheaper if you put solar panels on your roof, which generate free electricity from the sun.) And the more EVs sold, more research and development is devoted to batteries. , so they will continue to become cheaper and more compact for the foreseeable future.

4. In fact, Morgan Stanley believes electric vehicles will drop to as little as $ 3,000 to $ 5,000 in the not too distant future! This is not an expectation that one can reasonably have when it comes to gasoline-powered cars.

5. The already passed $ 1 trillion infrastructure law will allow the Biden-Harris administration to build a network of 500,000 charging stations across the country, according to Matthew Daly at AP. The law makes $ 5 billion available to states to build charging stations. An additional $ 2.5 billion is spent on installing charging stations in rural areas and disadvantaged communities. Most new EVs now travel 200-300 miles on a charge, but with fast-charging stations almost everywhere, it will become easier and easier to take long trips with your EV.

6. Not only will the transition to green transportation prevent billions of tons of deadly heat-trapping carbon dioxide from being released into the atmosphere each year, thereby reducing the severity of the climate emergency that we and our children will face, but it will avoid the production of particles. Particulate matter in the air harms lung health and has other deleterious health effects that make thousands of Americans sick and kill them every year.

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Karat Packaging intends to purchase 10 Tesla Semi https://sfeva.org/karat-packaging-intends-to-purchase-10-tesla-semi/ Fri, 24 Dec 2021 13:55:00 +0000 https://sfeva.org/karat-packaging-intends-to-purchase-10-tesla-semi/

Karat Packaging, which describes itself as a specialist distributor and manufacturer of disposable and environmentally friendly catering and related items, has announced plans to purchase electric trucks.

More specifically, the company wants to expand its fleet of 86 trucks and trailers from 10 Tesla Semis. Karat Packaging provides third party logistics services (3PL) in California and this is likely where the Semi will be deployed.

The size of this order is not as high as some of the others (some are triple digits), but it proves that after several years since the presentation of the Tesla Semi (in 2017), and despite the fact that it is still probably at least a year before entering series production, the vehicle continues to attract new customers.

We assume that some of the companies have announced their intention to purchase Tesla Semi as a marketing tool as well, so the exact timing of the Tesla Semi market launch might not be that important to them.

Alan Yu, Chairman and CEO, said:

“We are delighted to integrate alternative fuel trucks into our fleet. This purchase represents our commitment to continue investing in environmentally friendly solutions. In addition to Karat Packaging’s competitive advantage and the distinctive features of the company, we are pleased to offer additional 3PL services to new and existing customers, especially in today’s supply chain environment.

During the initial announcement, Tesla promised that the Semi would have a range of 300 or 500 miles on a single charge.

Tesla Semi Specifications:

  • Range – 300 or 500 miles (483 or 804 km)
  • Energy consumptionLess than 2 kWh / mile
  • Acceleration 0-60 mph with 80,000 lb load – 20 sec
  • Accelerate an incline of 5% – 60 mph
  • Powertrain – 4 independent motors on the rear axles
  • Fuel savings – $ 200,000 +
  • Expected base price (300 mile range) – $ 150,000
  • Expected base price (500 mile range) – $ 180,000
  • Basic reservation – $ 20,000
  • Expected price of the Founders series – $ 200,000
  • Founders Series Reservation – $ 200,000

* Prices displayed in USD. International prices will vary.

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Lucid Air sci-fi delivers European-style Tesla performance https://sfeva.org/lucid-air-sci-fi-delivers-european-style-tesla-performance/ Thu, 23 Dec 2021 04:20:18 +0000 https://sfeva.org/lucid-air-sci-fi-delivers-european-style-tesla-performance/

Woodside, California – In 2017, I drove through Skyline Boulevard here in an American-made 680hp electric Tesla Model S P100D. The car was mesmerizing – a new luxury standard that blew away rivals like the Mercedes S-Class and BMW 7-Series in acceleration (2.3 seconds zero-60) and technology. My goosebumps told me that luxury has a new boss.

Four years later, I followed Tesla’s tire tracks in the 2022 Lucid Air. The goosebumps were back.

The creation of original Model S engineering genius Peter Rawlinson, Lucid Air followed Tesla’s playbook – leading the European competition with sci-fi performance, instant torque and jaw-dropping beauty. With clean-lined designs powered by cutting-edge electric motor technology, sister Silicon Valley startups sit at the top of the luxury class for most electrifying vehicles (pun intended).

At a red light in Woodside, I triggered the launch control by pressing both pedals. Then release the brake. I was halfway to the moon before my vision cleared. With 1,111 horsepower (er, about the same as Penske’s famous 1973 Porsche 917-30 Can Am for racing fans), the 5,200-pound rocket launches at 60 mph in 2.5 seconds. Almost as fast as the P100D.

Having reached these heights, the Lucid steps back to wonder if the world is big enough for another Tesla. Pushing the limits of autonomous driving? Government regulations? On-screen controls? Fork flywheel?

Let Tesla be Tesla. Lucid tries a third way. With one foot in New World power and the other in European Old World luxury, Lucid aims to be the Mercedes of the electronic age.

Take this mind-blowing acceleration, for example.

Unlike Tesla, Lucid didn’t borrow his business model from “Spaceballs,” the movie. My rocket-pad launch was not performed using Ludicrous or Plaid mode. Lucid sports a more conventional Smooth, Swift, and (the ultimate launch control) Sprint workout suite. It dovetails with a product that wants to bring classic elegance to electric vehicles, while Tesla explores the cutting edge of four-wheel smartphone technology.

My $ 170,500 Air Dream tester is already a collector’s item. Only 520 will be built to launch the model line that starts at $ 78,900 with the Lucid Air Pure. Slip inside the sedan and it recognized my key as the Model S Plaid I tested earlier this month. No start button. No brake release. The hand meets the glove.

But the interior trim is more luxurious than that of the Apple smartphone. Lush materials. Porsche Taycan-style 34 inch curved screen. A traditional solid wheel (with a flat bottom for easier entry) compared to the Model S fork flywheel.

A second console screen follows Tesla’s lead – containing drive modes, the steering wheel, air conditioning, and even mirror controls. Hermetically sealed with sound deadening materials, the 2 1/2 ton spacecraft is a dream to drive. Like the Model S, it feels organic – no fake engine sounds like Taycan. Silent and relentless couple.

At Alice’s busy restaurant on Route 35, I stepped out of the cabin and Air pulled in the onlookers like a magnet. They’re used to exotic vehicles in the affluent Bay Area where startups Rivian and Tesla have redefined luxury sedans and pickup trucks (not to mention the hefty image of electric vehicles).

I remember the first time I saw the Air Prototype at the 2017 New York Auto Show. Thin chrome hood over thinner headlights. High thresholds. Bubble greenhouse. It looked like a car from a sci-fi movie.

Take Air to the local country club and your guests will step out of a back seat as large as your living room. Unlike the prototype, however, the rear compartment is aftermarket, devoid of reclining seats and passenger shelves like European rivals. The driving controls are familiar, although you may need to explain regenerative driving with one foot to the valet.

The expected EV details are here. Up front there’s a bigger frunk than the Tesla – so big it has a sub-frunk. The new Mercedes EQS and BMW iX do not have frunks. Eh?

Blame the bad packaging, something Lucid and Tesla are cold about. The Air has the interior space of an S-Class Merc, the wheelbase of an E-Class. Credit Lucid’s compact engines – more space-efficient than even Tesla’s hallowed technology. Sitting on an industry-leading 900-volt architecture (compared to the Model S’s 400-volt), Lucid benefits from battery technology developed for Formula E racing by battery partner Atieva.

Plug the Air into a 350 kWh charging station and it claims 300 miles of added range in 22 minutes. That’s a high for electric vehicles, although it’s still far below the capacity of a gasoline engine.

Air’s enormous 118 kWh battery was mounted low in a skateboard frame, and I tackled the turns of Route 35 with confidence. Reduce throttle and peek the redwood canopy above through a Tesla Model X-style panoramic roof.

The standard Lucid Pure has a full steel roof. This front trunk is wrapped in a spectacular shell hood, as is the rear trunk.

Luxury shoppers want white glove dealer service, and here Lucid is a work in progress. Following the pioneering path of Tesla (and state house lobbyists), it wants to build its brand with unique “studio” showrooms and adjacent service centers. The mobile units will provide in-home service for small repairs – a convenience I appreciate with my own Model 3.

But my Tesla showroom / service center is an hour away, and mobile units can take days for an appointment. Lucid will face similar challenges. Speaking of infrastructure, Tesla’s secret sauce is a supercharging network built into the vehicle’s software, relieving owners’ anxiety on long journeys. Lucid trusts a promised network of third-party chargers, in particular its partner Electrify America.

In the Golden State, Lucid made a fake trip to Santa Barbara. The system dutifully found an EA compressor on the way. Good start. But, in the Tesla era, buyers will also want to know how long they’ll stay at the charger, where to eat nearby, and more. Lucid hopes its sexy looks, 520 mile range, and powerful engines will keep owners satisfied until the charging network catches up.

It also promises autonomous driving technology. Avoiding Tesla’s daring off-road autopilot, Lucid talks about a “DreamDrive” hands-free system like Cadillac SuperCruise and Ford BlueCruise. Lucids will receive a live update to wake up 32 on-board sensors, including LIDAR for inclement weather in all seasons.

In just a decade, American brands have revolutionized the luxury vehicle landscape. They are not called Cadillac or Lincoln. They are fresh-faced kids named Tesla and Lucid. And they go up quickly, silently in your rearview mirror.

2022 Lucid Air

Vehicle Type: Five-Passenger, Battery-Powered All-Wheel-Drive Luxury Sedan

Price: $ 78,900 including destination fee of $ 1,500 ($ 170,500 Dream Air Performance based on testing)

Powertrain: 118 kWh lithium-ion battery with dual electric motor drive

Horsepower: 480 hp, 443 lb-ft of torque (1,111 hp, 1,025 lb-ft of Dream Air torque as tested)

Transmission: single speed automatic

Performance: 0-60 mph, 2.5 seconds (mfr); top speed, 168 mph

Weight: 5,200 pounds (as tested)

Fuel economy: EPA, 114 MPGe (FWD), 98 MPGe (AWD); range, 406 miles (Pure), 520 miles (Dream Air)

Report card

Highlights: gorgeous figure; the best range of electric vehicles in its category

Weak points: Slim dealer network; becomes expensive

Overall: 4 stars

Henry Payne is an auto critic for The Detroit News. Find him at hpayne@detroitnews.com or Twitter @HenryEPayne.

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