Tag Archives: electric vehicles

The Hybrid Shop Partners with Tom Gage, Announces Plans to Enter…

Tom Gage, one of the godfathers and early innovators in the Electric Vehicles (EV) segment, has joined forces with The Hybrid Shop to lead their expansion efforts into the commercial EV market. (PRWeb March 01, 2019) Read the full story at https://www.prweb.com/releases/the_hybrid_shop_partners_with_tom_gage_announces_plans_to_enter_commercial_vehicle_market/prweb16139391.htm

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Southeast Asia’s Grab plans electric vehicle push

Grab, the ride-hailing company that consumed Uber’s business in Southeast Asia, today made a big push to grow the number of electric vehicles in its fleet after  it partnered with energy supplier Singapore Power . The deal will see Grab add 200 new ‘fast-charging’ EVs to its fleet in Singapore with SP providing “preferential” pricing at the organization’s charging stations. Grab said drivers who opt for an EV — which will be “progressively rolled out” from early 2019 — can expect to increase their earnings by as much as 25 percent over drivers using petrol engines thanks to SP’s ‘mates’ rate.’ The partnership with SP is important to Grab because infrastructure such as charging stations and cost savings are crucial to persuading the most active car drivers to make a move to electric. Ride-sharing drivers certainly rank in the group that can make a difference. SP has committed to operating 500 charging stations by 2020, which would become Singapore’s largest of its kind. An initial 30 are expected to be up and running before the end of this year and, when ready, Grab said they will charge its upcoming EV model in just 40 mins. Each charge would allow 400km of driving, the company added. Grab said it has a number EVs within in its Singapore fleet today — it declined to disclose numbers but claimed it is “the largest electric and hybrid vehicle fleet in Southeast Asia” — but these charging stations and the potential to earn additional income are sure to help boost that number, whatever it may be. This initiative applies to Singapore, but a Grab spokesperson told TechCrunch that the company intends to expand its EV fleet regionally in due time. The company didn’t provide any specifics on that plan, however. Grab operates in seven countries in Southeast Asia, but Singapore is the most advanced in terms of EV infrastructure. The company recently raised $2 billion from Toyota and others .  It acquired Uber’s regional business in March  and today it claims over 100 million downloads with more than two billion rides completed to date. Grab recently claimed its annual revenue run rate has surpassed $1 billion, but it has not provided profit or loss numbers. Outside of electric, Grab has previously forayed into self-driving vehicles through a partnership with Nutonomy

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Upstarts emerge to chase Tesla’s lead in electric vehicles

A slew of well-funded new entrants backed by massive amounts of capital are chasing Tesla’s lead in an effort to power the next generation of the electric vehicle industry. Electric vehicle startups have raised more than $2 billion in the U.S. over the first months of 2018 alone, a huge increase over the $650 million raised in 2017, according to data from PitchBook . And the investment trends point to more competition for Tesla from established car companies and upstart manufacturers alike in the next few years. All of this activity is thanks to the size of the industry that’s in play. The market for electric passenger vehicles is expected to reach $356.5 billion by 2023 led by $205.9 billion in sales coming from the Asia-Pacific region, according to predictions from the market intelligence firm, Absolute Reports . Given those numbers, it’s no wonder that investments into electric vehicle companies and the enabling technologies for them keep climbing — and most of the cash commitments are being made in newly formed companies. PitchBook data indicates that early-stage deals are on the rise, with 15 investments into startup electric vehicle companies in 2017. (It’s important to note that PitchBook data, and the work of other market intelligence firms, is somewhat fuzzy and imprecise.) In 2018, first investments accounted for the bulk of the $2 billion raised. Many of these electric vehicle challengers emerged from the wreckage of other companies that had sought the pole position in the race for auto-industry dominance. Several new companies have emerged from the collapse of Faraday Future and Fisker Automotive, even as both companies found themselves reborn with new leases on life thanks to redoubled capital commitments from global billionaires, Chinese companies awash in money and traditional venture firms angling for a shot at Tesla’s market dominance. Tesla’s terrible, horrible, no good, very bad year (to date) While the size of the electric vehicle market is one factor motivating the competition, another is the series of miscues from Tesla, the independent electric vehicle market leader, which has competitors wondering if the wheels are coming off Elon Musk’s big bet. By any measure, Tesla has had a very bad year.

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Porsche plans 500 fast charging stations across US

Porsche is planning a Supercharger-like network of fast charging stations at dealerships and highway locations across the US. There will be at least 500 by the end of 2019 according to Klaus Zellmer, CEO of Porsche Cars North America, speaking to Automotive News . The timing coincides with the launch of its Mission E electric vehicle that is scheduled for a 2019 launch followed by a crossover EV in 2020 (shown above). “If you want to buy that car, you want to know what happens if I go skiing and go further than 300 miles,” Zellmer told Automotive News. “What do I do? So we need to have answers for that.” According to the report, Porsche is considering charging for the use of the chargers not at dealerships — it’s up to the independent dealership if they charge for use of the chargers. If this plan follows Tesla’s pricing, drivers can expect to pay slightly different rates in different states. Tesla charges a flat rate $0.26 per kWh in California while in Michigan the cost is $0.24 per minute above 60 kW and $0.12 per minute at or below 60 kW. Porsche will not pay to have the chargers installed at its US-based dealerships. It will be up to the dealerships to decide it they want to cover the cost of installing the chargers. Porsche is right and is following Tesla’s proven example. EV owners need places to recharge their vehicles and automakers have stepped up to build the infrastructure in the place of 3rd party companies.

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Ola will add 10,000 electric rickshaws to its India fleet over the next year

Ola announced today that it will add 10,000 electric auto-rickshaws to its fleet in India over the next 12 months. The program, called “Mission: Electric,” is part of its ambitious plan to put one million electric vehicles on the road by 2021. The company launched a trial EV program last year in the city of Nagpur, but has reportedly run into some recent road bumps. Three-wheel rickshaws are a popular way of making quick trips in many cities and can be hailed through Ola’s app; the company’s electric vehicle trial program in Nagpur, which started in May 2017, already includes rickshaws. As part of “ Mission: Electric ,” Ola said it will add 10,000 new electric rickshaws across three additional cities this year. To enable drivers to switch to EVs, Ola’s program also includes infrastructure like rooftop solar panels and charging stations. Last month, however, Factor Daily reported that Ola is scaling back its electric vehicle plans after India’s government appeared to become less enthusiastic about creating an explicit EV policy , despite its previously stated goal of making all new vehicles electric by 2030. Around the same time, Reuters reported that many Ola drivers participating in its Nagpur trial wanted to switch back to fuel-powered cars because of long waiting times at charging stations and higher operating costs. An Ola representative told TechCrunch that the company has installed charging dockets at the homes of some drivers so they can save time by swapping out batteries, stating that “with new technologies like battery swapping, the charging experience has been significantly improved.” Ola is currently in discussions with several state and municipal governments about where to launch its electric rickshaw program and is “willing to work with any city committed to sustainable mobility solutions.” “We have clocked more than four million electric kilometers and have learned the ins and outs of vehicles, capabilities and applications. We have learned real-world operating challenges and cost implications of chargers, batteries and solars,” she added. “Deployment of electric vehicles would require support of like-minded partners.”

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Einride’s autonomous trucks will be Nvidia-powered, and deliveries start this fall

Einride’s T-pod all-electric, self-driving transport vehicle will use the Nvidia Drive AI platform to provide its autonomous smarts, the Swedish technology company revealed today. Einride also announced that the very first customer deliveries of its production T-pod truck will begin this fall, meaning it could be making actual deliveries sooner rather than later. The Nvidia Drive AI platform will allow Einride’s T-pods to operate autonomously for up to 124 miles, with path planning and intelligent environment sensing. The T-pod is designed for remote operations, too, and the company is initially planning a route connecting the Swedish towns of Gothenburg and Helsingborg, with a fleet of 200 vehicles traversing the distance. In the video above, you can see the T-pod vehicle actually making a fully autonomous trip. They’re functionally designed to provide as much cargo space as possible (each can carry up to 15 standard-sized pallets) in a vehicle with a relatively small physical footprint, which helps with battery efficiency. Used in concert with one another in convoys, they can transport significant amounts of cargo cleanly and efficiently when compared with today’s big rig gas-powered freight trucks. For uncomplicated, highway routes (ie. distribution depot to distribution depot), the T-pod is a potentially perfect solution – but ensuring the autonomous features work safety and as intended will be the key ingredient to allow for broad consumer adoption.

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