GM’s Cruise scores $750 million investment from Honda, teases new autonomous vehicle

As we have been discussing for a while, we are seeing more consolidation within the auto industry when it comes to autonomous driving technology as automakers are trying to bet on the right horse.

In the latest example of that consolidation, Honda is betting on GM’s cruise to build autonomous vehicles. more…

The post GM’s Cruise scores $750 million investment from Honda, teases new autonomous vehicle appeared first on Electrek.


Source: Charge Forward

Pininfarina Previews Rimac-Supplied Powertrain For PF0 Hypercar

Deliveries begin in late 2020.

Pininfarina’s PF0 hypercar is no secret. News Pininfarina was working on a hypercar bore fruit in July when the company announced it’d show the car at a private event during Monterey Car Week. Then, through August and early September, the company released a gaggle of teasers, giving us a peek at the futuristic cabin and the car’s rear end. We still haven’t seen the car in full, but a new teaser along with new information gives us hope we will see the car soon. 

Pininfarina announced it’s partnering with Rimac, which will provide the company with the high-performance EV powertrain and battery technology needed for the PF0 hypercar. Rimac will supply Pininfarina with the hardware and software, and engineering expertise.

“We are very excited about this challenge,” said Rimac founder Mate Rimac. “Combining Rimac values – technology, innovation and performance with the heritage, history and Italian design of Automobili Pininfarina makes a perfect synergy for an exciting new hypercar – the PF0. This partnership is a big milestone for both companies, and we are looking forward to bringing this incredible machine to life together.”  

Announcing the partnership comes with more news, too. While Automobili Pininfarina is distinctly Italian, the company moved its corporate and operational headquarters to Munich, Germany where it’ll have access to “expertise and engineering networks in arguably the world’s most successful and technologically advanced car market.”

“Today marks a significant step for the launch of a range of Pininfarina-branded cars and for PF0, which will be the most powerful Italian-built sports car in history – and the first luxury hypercar to be conceived in Germany,” said Pininfarina CEO Michael Perschke. “We have developed a sophisticated brief to deliver a ground-breaking all-electric hyper GT car to clients from 2020, and now we are curating the partners and suppliers to deliver this dream.”

Making a claim the PF0 will be “the most powerful Italian-built sports car in history” is bold, setting the bar high for the company. Tapping Rimac for the battery technology certainly adds credence to Perschke’s claim. We know Pininfarina will limit the $2-million PF0 to just 150 units. It’ll be the first pure-electric hypercar with a rumored ranged of 310 miles (500 kilometers) and a top speed of more than 250 mph (402 kph).

Pininfarina will begin PF0 deliveries in late 2020. 

Source: Motor1


Source: Electric Vehicle News

Tesla Apparently Gearing Up For Base $35,000 Model 3

We can only imagine the number of Tesla Model 3 sedans that will be delivered when a less expensive variant arrives.

With only three Tesla Model 3 options right now (all of which are pricey), the automaker has still been able to make huge waves with deliveries. Considering that these cars were aimed at the masses, but are priced between $50 to $80k, it’s incredible how many people are buying them each month. For this reason, many people that are opposed to Tesla have come to the conclusion that there’s no need for a base model and since it will only cause Tesla to lose money, it will never come.

Well, it seems that those naysayers may need to guess again.

If you follow Tesla news at all, you’re likely well aware that people’s stock interests play a massive role in the stories that are being published, as well as the ridiculous level of social media banter. Tesla short sellers have been trying to convince folks all along that the $35,000 Model 3 will never come. Obviously, they’ve succeeded in convincing some. According to Teslarati, Kelly Blue Book analyst Rebecca Lindland canceled her reservation and told Forbes:

I’m not sure there will ever be any $35,000 cars. I think there’s a chance the company will eventually say they’re canceling that version because there wasn’t as much customer interest, that nobody wanted it.

While it’s true that some surveys have revealed that many reservation holders may not have been interested in a bare-bones, $35,000 Model 3, this is not to say that they wanted a car that costs $50k or more. We believe many people hoped to get the base vehicle, add some notable features, and apply the federal EV tax credit if possible.

CEO Elon Musk has promised all along that the car is coming. However, he’s made it abundantly clear that Tesla must sell the more expensive variants first in order to show a profit. One of his more recent announcements pointed to production beginning in the first quarter of 2019. For that to happen, one would think that the automaker would need to begin making plans right about now. As Teslarati reports, plans are in progress.

Let’s take a brief look at what the publication has gleaned:

This is just the tip of the iceberg. The fact that Tesla may finally show a profit for Q3 or Q4 is also huge news. Not to mention the ridiculous level of deliveries that have been happening over the past few months. And … the list goes on and on.

Do you believe a $35,000 Tesla Model 3 is coming? If so, can you point to any other reasons that it’s imminent? Share your thoughts with us in the comment section below.

Source: Teslarati

TESLA MODEL 3

33 photos
2. Tesla Model 3
Range: 310 miles; 136/123 mpg-e. Still maintaining a long waiting list as production ramps up slowly, the new compact Tesla Model 3 sedan is a smaller and cheaper, but no less stylish, alternative, to the fledgling automaker’s popular Model S. This estimate is for a Model 3 with the “optional” (at $9,000) long-range battery, which is as of this writing still the only configuration available. The standard battery, which is expected to become available later in 2018, is estimated to run for 220 miles on a charge.

Tesla Model 3 charge port (U.S.)




Tesla Model 3 front seats

Tesla Model 3 at Atascadero, CA Supercharging station (via Mark F!)



Tesla Model 3

Tesla Model 3

The Tesla Model 3 is not hiding anymore!
Tesla Model 3 (Image Credit: Tom Moloughney/InsideEVs)

Tesla Model 3
Inside the Tesla Model 3




Tesla Model 3 rear seats


Tesla Model 3 Road Trip arrives in Tallahassee
Tesla Model 3 charges in Tallahassee, trunk open.


Source: Electric Vehicle News

Denmark Embraces Electric, Moves To Ban Diesel & Gas

Denmark doesn’t even want hybrids.

Denmark’s government surprises with a bold announcement to ban sales of petrol and diesel cars by 2030, which would be quicker than some other countries (UK and France hints at a 2040 deadline).

But that’s not the whole story. Denmark would like to get rid of hybrid cars and is planning to ban new sales of those by 2035. In other words, zero-emission vehicles will be the only way to go.

Danish Prime Minister Lars Lokke Rasmussen told parliament on Tuesday:

“It is a big ambition that will be hard to achieve. But that’s exactly why we need to try,”

The problem that we see in Denmark is however that the government puts on a good face, but typically fails to pull through. In the past, Denmark reached high sales of electric cars at a level of a few percent market share, but the withdrew the incentives so now sales are somewhere around 0.5%, not even on par with other countries, which doesn’t seem to jive with this bold ICE ban goal.

Anyways, besides countries, some cities also plans to ban diesel or all ICE cars too – Paris, Madrid, Mexico City and Athens target 2025.

Source: Reuters


Source: Electric Vehicle News

Let’s Look At Tesla Sales Against Rivals: BMW & Mercedes

Tesla outsold BMW, Mercedes in passenger cars with ease.

Those automotive dinosaurs don’t have it easy these days as the push to drive electric is taking over.

Let’s check out how Tesla sales results in the U.S. compared to two German brands – BMW and Mercedes-Benz – that are typically seen as Tesla’s closest competitors as brands (despite the fact that neither offers direct competitive BEV models to Tesla Model S, X or 3).

Third quarter results:

Passenger cars:

  • Tesla (Model S + Model 3) – 61,875
  • BMW – 45,452
  • Mercedes-Benz – 29,442

SUVs:

  • Mercedes-Benz (excludes commercial vans) – 37,100
  • BMW – 26,227
  • Tesla (Model X) – 8,050

All passenger cars and SUVs:

  • BMW – 71,679
  • Tesla (Model S, X & 3) – 69,925
  • Mercedes-Benz (excludes commercial vans) – 66,542

As you can see, Tesla’s advantage in the passenger car segment is already huge and it could further increase with Model 3 sales expected to rise even more.

In the case of SUVs, Tesla’s portfolio is currently too narrow with just the single Model X at very high-end. Everything could change when the Model Y is introduced. That could be a major hit to the BMW X3, the automaker’s best-selling vehicle right now.

Anyways, in the Q4, Tesla will easily outsell both BMW and Mercedes-Benz in the U.S. – a good sign ahead of the Model 3 invasion of Europe.


Source: Electric Vehicle News

2020 Mercedes-Benz EQC 400 makes public debut at Paris auto show

2020 Mercedes-Benz EQCAfter hosting a private introduction for the car last month in Stockholm, Mercedes-Benz formally introduced its EQC electric crossover to the public at the Paris auto show on Tuesday. The EQC, which is about the same size as the gasoline-powered Mercedes-Benz GLC crossover, albeit with separate styling and a unique interface, will go on sale in…
Source: Hybrid and Electric Car News and Reviews

Tesla To Become Sustainably Profitable, Analyst Says: Video

Not only achieve a profit, but become sustainably profitable.

As Tesla showed numbers for the third quarter of 2018 with some 83,500 cars delivered, the company now seems rather promising.

The current result should be able to achieve break even (small net profit or negligible net loss), while an increase of sales above 100,000 cars a quarter (probably what we’ll see in Q4) should translate to profits.

Romit Shah, an analyst at Instinet, said on the Bloomberg Markets and Finance program, that Tesla can not only achieve profit, but become sustainably profitable.

Romit Shah, analyst at Instinet, discusses Tesla Inc.’s surge in electric-car deliveries that could prove pivotal to earning an elusive profit, overcoming a series of distracting missteps by Chief Executive Officer Elon Musk. Shah speaks on “Bloomberg Daybreak: Americas.”
Check out the video discussion above for more details.

Source: Bloomberg


Source: Electric Vehicle News

Which electric SUV are you most excited about for 2019? Twitter poll results

2019 Hyundai Kona ElectricA few weeks ago, Green Car Reports asked our Twitter followers which new electric car for 2019 they were most excited about. Perhaps unsurprisingly, they chose the base, $35,000 Tesla Model 3 over three upcoming luxury electric SUVs. Yet 2019 is shaping up to be the year of the electric SUV, with at least 10 new models coming from established and…
Source: Hybrid and Electric Car News and Reviews

Robert de Niro Introduces Kia e-Niro

This new Kia Niro EV teaser speaks for itself.

Meaning, there’s not much to talk about here. The clip is only a few seconds, but we hope you end up laughing out as loud as we did. Hilarious for sure! Who better than Robert de Niro to advertise the Kia e-Niro? Apparently, we’ll be seeing much more of both of them in the future.

The point here is that automakers are starting to advertise electric vehicles. While it’s off to a slow start, this is very big news. On top of it, celebrities are being brought into the mix, which is even better. We can only hope and assume that this Robert de Niro teaser will grow into a much larger ad campaign. This type of advertising gets people’s attention and that’s what we need in the segment.

Many typical consumers are still in the dark about electric cars. Whatever it takes to get their attention is paramount. We can almost guarantee that there’s a better chance someone will look up at the television during the commercial break of a football game if de Niro is on screen being a funny guy. More we say! More!

Video Description via DriveMag News on YouTube:

Robert de Niro introduces the new Kia e-Niro

It’s a teaser, but the electric car from Kia deserves all the attention – with a 301-mile (484 km) electric range, it’s one of the best out there.


Source: Electric Vehicle News

OEMs Still Talking About EV Future And How Burdensome It Will Be

BIG AUTO CAN’T STOP BELLY-ACHING ABOUT THE ‘BURDEN’ OF ELECTRIC VEHICLES

Legacy automakers have been hyping a future where they’ll finally electrify their fleet. Now, however, it appears they’re a bit reticent to do so. Volkswagen’s CEO, Herbert Diess recently said (via Bloomberg), “The burden for our company, such as the cost of bringing to market electric cars, will be higher than expected… This is particularly so since some of our competitors have been making more progress.”

*This article comes to us courtesy of EVANNEX (which also makes aftermarket Tesla accessories). Authored by Matt Pressman. The opinions expressed in these articles are not necessarily our own at InsideEVs.

Above: Volkswagen e-golf and Tesla Model S charging (Image: Green Car Reports)

Looking at this paradox, Raphael Orlove wonders (via Jalopnik), “Hm! If electric cars are so expensive why do people build them in their garages with old batteries? Seems like a hole in their logic! I don’t know about you, but I don’t really trust ‘Big ICE’ on this one. And there’s no bigger player in this than VW, which is only pivoting to electric cars because it screwed up so bad in Dieselgate.”

But it’s not just Volkswagen. According to a report in Reuters, incessant whining that electric cars are “forcing carmakers to sell them at a bigger loss to meet emissions goals… is why, on this subject more than most, European carmakers talk from both sides of their mouths.”

Above: Unlike Tesla, legacy automakers complain about emissions targets and the cost of electric vehicle production (Source: Reuters; Note: Adjust volume in footer of video)

When it comes to EVs, excuses are commonplace from Big Auto’s top execs. “What everyone needs to realize is that clean mobility is like organic food – it’s more expensive,” says Carlos Tavares, chief executive of Peugeot, Citroen and Opel manufacturer PSA. He adds, “Either we accept paying more for clean mobility, or we put the European auto industry in jeopardy.”

“Tesla is now ramping up their volumes, and it’s putting pressure on that market segment,” Bernhard Kuhnt, CEO of BMW North America told Bloomberg. And BMW Group CEO Harald Krueger remains hesitant on the idea of reducing emissions. Krueger told Automotive News Europe, “Hoping to reduce CO2 emission by 45 percent by 2030 is dreaming… we would need 70 percent of European sales being battery-powered vehicles, and the power infrastructure simply would not be able to handle it.”

Above: Tesla remains the only automaker that’s built out a robust, worldwide network of Superchargers (Image: Teslarati)

On that note, Richard Truett reports (via Automotive News), “let’s give credit to CEO Elon Musk for establishing a nationwide network of charging stations. That was a brilliant move that no one has yet duplicated. It removes a layer of doubt and uncertainty that will hover over every other brand of EV.” Simon Patel, the Jaguar Land Rover engineer in charge of battery and electric propulsion systems development admits to Truett, “Charging has been a really big challenge for us.”

Okay… so maybe it’s different with Japan’s top automakers? More excuses? With Toyota, it’s more like evasion. Orlove reports that instead of electric cars, Toyota has committed to hydrogen fuel cells. Orlove says, “I’ve heard that hydrogen cars are just around the corner since the first term of Bush Jr. You mean to tell me that Toyota has been dumping all of its EV budget into hydrogen cars for nearly two decades now? I find that hard to believe.”

Above: A look at Toyota’s Mirai hydrogen fuel cell vehicle (Image: Autoblog)

Even if hydrogen is another stall tactic, Orlove says, “Toyota has the cred to make an eco car like an EV, and it has the reputation, and it’s had the time, too…. [yet] at the moment, Toyota says that it’s working on solid state batteries, looking to leapfrog current lithium-ion battery-electric vehicles. Great! I can’t wait for these things to go on sale… whenever that may be.”

*Editor’s Note: EVANNEX, which also sells aftermarket gear for Teslas, has kindly allowed us to share some of its content with our readers, free of charge. Our thanks go out to EVANNEX. Check out the site here.


Source: Electric Vehicle News