#ElectricVehicles
Chevrolet Equinox EV and GM Electrified Pickups Delayed
Following news that production of the Chevrolet Silverado EV would be delayed, General Motors has announced that the Chevy Equinox EV would likewise be arriving behind schedule.
The postponement was announced as part of GM’s earnings report, with CEO Mary Barra citing improvements the company would like to make to the product as well as some market challenges. Some of that revolves around using the time to better manage capital investment related to EV demand (or lack thereof) while the rest seems to apply to engineering changes that might make the vehicles more profitable.
Report: Future BMW I3 Will Be Less Weird Than Original
As BMW’s first mass-produced “zero emissions” vehicle, the i3 boasted a predictably quirky design that seemed to underpin most manufacturers early attempts at fielding an electric car. But the model fell short in terms of range and luxury, especially in relation to MSRP, resulting in a de facto city car for those who liked the idea of owning a BMW-badged EV.
While the vehicle implemented some novel features, the model has aged rather poorly due to advancements in battery technology. It could be argued that the i3 ended up a failure due to the fact that BMW never figured out how to produce them cheaply enough to be a volume vehicle. However, it may have also been too odd to garner true mainstream appeal — something the brand says it doesn’t want to happen for the i3’s successor.
Report: Mercedes Having Tough Time Selling EVs
Like most government agencies, NGOs, and publicly traded companies, Mercedes-Benz has made a promise to be all-electric by 2030. The automaker intends to have every newly launched vehicle architecture be electric-only after 2024 and to gradually wean itself off combustion engines.
Unfortunately, the brand’s sales trajectory doesn’t appear to be cooperating. Despite seeing a surge of interest in its electrified EQ products initially, Mercedes has started having trouble moving EVs.
GM's Orion Assembly Reopening Delayed Until Late 2025
The UAW strike is dragging on, but automakers still have everyday business problems to deal with, like how to produce millions of electric vehicles and sell them. It turns out that the “other” problems are just as serious as the strike, and General Motors’ recent announcement is a great example. Earlier this week, the automaker noted that it would push production of its upcoming electric pickup trucks back at one of its Detroit-area facilities.
Report: Couple Charged $20K After Their Tesla's Battery Got Rained On
A couple in Scotland expressed sticker shock after facing a bill of about 20,000 U.S. dollars to have their Tesla fixed when the battery was damaged by rain.
Is Rivian Still Spending Billions Now to Make Billions Later?
Rivian lost an estimated $33,000 on every pickup it sold in the second quarter of this year, which is kind of impressive considering the cheapest model it sells still goes for a sizable $73,000. Considering its lofty initial public offering (IPO) and enviable product specifications, some are wondering why the company isn’t in better shape.
Though Rivian is hardly alone in selling cash-hemorrhaging electric pickups and SUVs. Ford is on track to lose $4.5 billion on EVs by year's end and is supposed to be underwater by more than $32,000 per average all-electric transaction. Frankly, it doesn’t look like any brand other than Tesla has managed to find a way to make volume electrification work in its favor.
NY Judge Pauses Ford’s EV Dealer Requirements
A New York judge has halted Ford and Lincoln from instituting a specific set of requirements before allowing dealerships to sell the brands’ all-electric vehicles. This comes after five stores operating within the state launched a lawsuit against Ford Motor Co. for introducing a new certification process for EVs. The issue was that the automaker was asking too much from dealerships and effectively favoring those with deeper pockets by forcing changes that required significant financial investments.
Ford introduced its tiered dealer program nearly twelve months ago, splitting stores interested in selling electric into “Model e Certified Elite” and “Model e Certified.”
Volkswagen Temporarily Cutting Production of European EVs
Volkswagen intends to temporarily limit production of the SEAT Cupra Born and its very own ID.3 EV in October. The company has cited market forces as the cause, noting that its Zwickau and Dresden plants in Germany would be throttled down for a couple of weeks.
Honda Previews the 2024 Prologue
Honda has formally unveiled the all-electric Prologue, indicating that the brand hasn’t given up on electrification. The midsize crossover boasts an agreeable estimated range of (up to) 300 miles and is designed to cater to more mainstream tastes.
As a preeminent manufacturer of modestly sized combustion engines, it makes sense that the company would want to stick to what it knows best. Like several other Japanese brands, Honda has been hesitant to embrace electric vehicles with the same zeal as its European or American rivals. However, external pressures are beginning to force the issue, and this seemed an agreeable solution for the company.
Report: Dealers Worried About Getting EV Refunds From the Government
Nobody likes bureaucratic red tape or waiting on payment and this seems to have become a sticking point for retailers nervously waiting to see how the United States’ updated EV tax credit scheme plays out.
According to a report from Automotive News, dealers are getting worked up about the prospect of not receiving money swiftly enough — mimicking some of the hardships endured during the Cash-for-Clunkers period.
QOTD: Which Automaker Will Back Off EV Pronouncements First?
After yesterday's post about the Brits delaying their plan to stop the sale of new gasoline-powered cars, I started to wonder -- will any automakers slow their own plans?
Not stop -- EVs are definitely coming in greater numbers, like or not -- but slow.
Hyundai Offering Free Chargers to EV Buyers, Swelling Industry Incentives
Hyundai is offering customers willing to buy an all-electric vehicle a Level 2 home charger for no extra cost. While the ChargePoint device is framed as being free, it does require the purchase of a new automobile through the automaker’s captive finance arm Hyundai Capital America.
That makes the $33,550 (before any federal tax credits or state incentives) Kona Electric the most affordable way to take advantage of the deal. But you’ll still have to find someone to install the unit into your home, to which the manufacturer has offered a $600 credit toward installation.
U.K. Government Pushes Gasoline Car Ban to 2035
UK Prime Minister Rishi Sunak announced on Wednesday that he’s delaying bans the government had previously made for gasoline-powered vehicles. The scheme was to have the United Kingdom restrict citizens from purchasing new combustion vehicles by 2030. But Sunak has questioned the previous timeline’s viability, opting to push things out to 2035.
This probably isn’t a huge surprise for anyone with at least one foot planted in reality. EV mandates have frequently been accompanied by target dates that are wholly ridiculous. Manufacturers aren’t producing these vehicles in sufficient quantities, the supportive infrastructure isn’t in place, and there's a significant portion of consumers that appear disinterested in buying non-traditional powertrains.
New EV Registrations Grew Significantly, Driven By Tesla
Listening to pundits and some media outlets, it’d be easy to believe that EVs are nowhere near as popular as their gas-powered counterparts. But, while it’s true that electric vehicles still make up a tiny portion of the overall market, their numbers are growing. The latest data from Experian shows that EV registrations rose 67 percent over 2022’s numbers to an impressive 655,986 vehicles.
BMW, Ford, Honda to Form New EV Charging Company
Ford, Honda, and BMW have announced plans to create a new “vehicle-to-grid company” that’s aimed at standardizing vehicle charging via a singular platform. The service also seeks to return excess energy to the electrical grid, effectively converting EVs into publicly shared batteries.
The business will be known as ChargeScape and, according to the automakers' press release, seeks to “create a single platform that will seamlessly connect electric utilities, automakers and their interested EV customers to manage energy usage for a broad pool of EVs.” The scheme could be one way of addressing concerns that modern power grids couldn’t endure widespread electric vehicle usage while helping to position the involved companies in an industry that’s being heavily incentivized by the government.
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