Show #1322
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Good morning, good afternoon and good evening wherever you are in the world, welcome to EV News Daily for Monday 27th December. It’s Martyn Lee here and I go through every EV story so you don't have to.
Thank you to
MYEV.com for helping make this show, they’ve built the first marketplace specifically for Electric Vehicles. It’s a totally free marketplace that simplifies the buying and selling process, and help you learn about EVs along the way too.
UNVEILING OF THE ELECTRIC SILVERADO PICKUP WILL BE ONLINE
- Each year, hundreds of companies, including the world's top automakers, travel to Las Vegas for the annual Consumer Electronics Show (CES) to show off their latest products. But the pandemic resulted in the cancellation of last year's in-person events.
- One of the most anticipated events was that automaker General Motors was to reveal its new fully electric Silverado pickup for the first time. But those plans have now been scrapped due to lingering covid concerns.
- GM Chief Executive Mary Barra had been scheduled to give a keynote speech at the annual conference on Jan. 5, where the electric Silverado pickup truck was to be revealed for the first time. The press conference and keynote will now be presented remotely,
- The electric Silverado will go into production late next year at GM's Detroit-Hamtramck assembly plant. The fully-electric truck will have a range of more than 400 miles on a full charge, according to GM.
VCS SAY 2022 IS THE YEAR THE ELECTRIC CAR GOES MAINSTREAM
- Venture capitalists watching the electric-car business say that 2022 is when the rubber meets the road.
- adoption in the US is lagging, EVs could account for about one-third of light-vehicle sales here by 2030, the industry expert IHS Markit predicted in August.
- Whether automakers have electric-vehicle success next year could dictate the trajectory of EV penetration in the US moving forward. Here are three things that VCs say you can expect next year.
- It's a golden moment for EVs, said Greg Reichow, partner at Eclipse Ventures in Palo Alto, California.
- Customers and investors are awaiting the first deliveries of the electric Ford F-150 Lightning pickup, which has nearly 200,000 reservations. Deliveries of the GMC Hummer pickup will continue well into the new year. And reports say the Cadillac Lyriq SUV should reach customers in early 2022.
- "Initially, we had large statements about big investments, and there were questions in the market about how serious are people going to take this," said Gabe Cunningham, principal at Fontinalis Partners in Detroit. "It became apparent that those big investments were backed by executives and that they were truly serious about diving into electric vehicles."
- Car companies now have to seek out ways to make these far-reaching promises happen. They need to secure the lithium and other rare-earth materials necessary for millions of electric-vehicle batteries.
- Despite the mix of electric products expected from both legacy automakers and startups next year, some of the nascent companies could realize they've met their match with their more established competitors — and the reality of an industry with massive overhead costs — said Alexei Andreev, managing director AutoTech Ventures in Menlo Park, California.
- The industry has already seen a reckoning as it relates to EV startups. Companies like Faraday Future, Nikola Motors, and Lordstown have experienced troubles, not unlike Tesla did in its early days.
THE ELECTRIC DELIVERY VAN THAT SAVED CHRISTMAS
- Whatever side of the great EV debate you fall on, the benefits of electrified transport to short-haul, multi-drop carriers making 100-plus deliveries per day must be considerable. Zero noise (technically, drivers should turn off their engines when delivering to you, but few do), lower pollution and, from a driver’s point of view, ease of operation, with no clutch pedal or gearshift to contend with 1000 times a day. And that’s before you factor in the cost of diesel at an all-time high.
- Amazon announced it was buying 1800 electric vans from Mercedes-Benz to supplement its European delivery fleet, and in the UK, DPD has just bought 100 new e-vans, taking its electric fleet to 600 vehicles in total.
- We’ve chosen the e-Dispatch from the mid-size van class because of its competitive pricing (starting from £28,250 after the government’s £6000 plug-in grant), a one-tonne payload and a class-topping 205-mile WLTP range.
- we’re unlikely to cover more than 30 miles today making the 80 deliveries we’ve loaded; even with 100-plus drops, that’s unlikely to rise much above 50 miles. And while some drivers will cover up to 70 miles in a day with deliveries further afield, none would be compromised by this van’s range on a full charge.
- The Citroën e-Dispatch starts at £28,250 for the short-wheelbase XS Enterprise model with a smaller, 50kWh battery, which trades 350mm in load length and some standard equipment, compared with our top-flight medium-wheelbase test van with its 75kWh battery, costing £45,701 after the grant.
CHINA SEES THRIVING NEV MARKET IN 2021: REPORT
- The total amount of financing in NEV-related sectors has exceeded 80 billion yuan (about 12.6 billion U.S. dollars) this year, and the number of newly-established NEV-related firms was 2.4 times that in 2020, according to the report released by database query platform
Tianyancha.com.
- Battery-changing services are becoming a new growth point in the NEV market, with 39,000 new related companies this year, the report said.
INSIDE AUSTRALIA’S GROWING PIRATE ELECTRIC CAR MARKET
- Australia’s slow uptake of electric vehicles has led to the spread of a cottage industry in parallel imports, with small businesses springing up to bring in low-cost second-hand cars from Japan.
- Ben Lippa, a self-described rev head, founded his import business J-Spec just over 22 years ago to import highly modified “drift” cars to Australia, but today finds many of his customers are electric cars such as the Nissan Leaf, which is no longer imported to Australia by its maker.
- In Yackandandah in north-east Victoria, Russell Klose, who once imported cars and parts from a business in Albury-Wodonga, has come out of retirement with his son Cam and friend Matt Grogan for the same reason.
- They have formed Kilowatt Cars, and are now waiting on a licence to begin to sell low-priced second-hand electric cars also sourced from Japan.
IS NOW A GOOD TIME TO BUY A USED ELECTRIC CAR?
IN-CAR PAYMENTS FOR MERCEDES EQS
LOOKS LIKE NIO MAY EXPAND TO THE US, NEW JOB LISTINGS FOUND
WULING HONGGUANG MINIEV TOPS CHINA’S NOV. VEHICLE REGISTRATIONS LIST
PLANS IN ENGLAND FOR CAR CHARGERS IN ALL COMMERCIAL CAR PARKS QUIETLY ROLLED BACK
NEW YORK CITY TO INVEST $420M IN ELECTRIC VEHICLES AND INFRASTRUCTURE
US INSTALLING WORKPLACE CHARGERS AT AN IMPRESSIVE PACE
REMEMBERING GM’S EV1, THE LOST PIONEER OF ELECTRIC VEHICLES’ RISE
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