In the world’s largest Chinese electric car market, Tesla is increasingly facing off against local giants BYD and NIO. With affordable models generating record sales, a potential change in the market landscape is looming. The dominance of Chinese electric vehicles. In the first seven months of 2023, more than 3.06 million electric vehicles were sold […]
In the world’s largest Chinese electric car market, Tesla is increasingly facing off against local giants BYD and NIO. With affordable models generating record sales, a potential change in the market landscape is looming.
The dominance of Chinese electric vehicles.
In the first seven months of 2023, more than 3.06 million electric vehicles were sold in China, accounting for 44% of total sales. Although Tesla has begun cutting prices on its popular models, local manufacturers are gaining momentum with diverse and fuel-efficient options.
BYD: From battery packs to “electronic giant”.
BYD, originally known for its battery manufacturing, reported a staggering 151,193 electric vehicles delivered in September. In the third quarter, their sales came close to Tesla’s numbers, but by a slight margin. A key element of BYD’s success is their pioneering Blade Battery technology, which provides high safety, range and affordability.
This technology, combined with collaborations with giants like Toyota, Daimler, and Volvo, has helped BYD expand their presence both locally and internationally.
Tesla vs. BYD: narrowing the gap.
Historically, Tesla has maintained a significant lead over BYD. However, recent data suggests that the gap is narrowing. BYD’s rapid growth could see it overtake Tesla in the coming quarters. While Tesla’s global presence is unquestionable, BYD’s focus on developing in countries such as Uzbekistan, Thailand and Brazil is indicative of its global aspirations.
BYD’s global appeal is enhanced by vehicles such as the Dolphin electric hatchback. The ability to produce virtually all components in-house allows for quality control and competitive pricing. The planned release of models such as the Han sedan and Tang SUV, as well as the expansion of its distribution and dealer networks, indicate a solid strategy to dominate the market.
NIO: another Chinese company.
NIO’s third quarter figures show an impressive 75.4% year-on-year growth. With monthly delivery records and new model launches, NIO is also preparing to make a notable impact on the European market with models such as the ET5 Touring.
Tesla’s third-quarter failure.
Analysts’ expectations were not met as Tesla reported lower than expected sales in the third quarter. Some of the contributing factors included temporary plant shutdowns for modernization, global semiconductor shortages, raw material cost inflation, and increased competition, especially from BYD and NIO in the Chinese market. Nevertheless, Tesla remains optimistic, hoping for a recovery in Q4 by releasing updated models and maintaining its annualized sales figure.
Conclusion: The future of the electric car fight.
The rivalry between Tesla and BYD represents an exciting future for the EV industry. With constant innovation, consumers around the world will be able to take advantage of advanced technology, affordability, and environmentally friendly transportation. Market dynamics continue to evolve and the race for leadership promises exciting developments.
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Note: Our content is intended to be entertaining and is fueled by the latest news, rumors and intriguing speculation.
The auction took place at a gala event at the Petersen Auto Museum, but Tesla has yet to announce official specs or a delivery start date. According to reports on website X, Tesla’s first 2024 cyber truck was sold at an auction at the Petersen Auto Museum. The angular truck was sold for $400,000 and […]
The auction took place at a gala event at the Petersen Auto Museum, but Tesla has yet to announce official specs or a delivery start date.
According to reports on website X, Tesla’s first 2024 cyber truck was sold at an auction at the Petersen Auto Museum.
The angular truck was sold for $400,000 and visitors paid at least $1,750 to enter the event.
Tesla has yet to confirm the production specs of the Cybertruck, and it is unknown how many engines are installed on this early example.
Finally, production of Tesla’s Cybertruck appears to have begun. Over the weekend, reports surfaced on social media that a 2024 Cybertruck was sold at auction at the Petersen Automotive Museum. According toInsideEVs.com, the vehicle allegedly sold for a whopping $400,000.
The auction took place during the Petersen Museum’s 29th gala event, hosted by Jay Leno. Tickets for the gala were priced at $1,750, table reservations were $17,500, and the “premiere” table was $30,000. Apparently, attendees have some spare cash: posts on X’s website, formerly known as Twitter, say the truck was auctioned off for $400,000. We reached out to the museum to confirm that figure, but a museum spokesperson told us that they could not confirm the amount won “due to internal fundraising policies.”
If the sale goes through, it will be the first Cybertruck to be officially sold. The unusual pickup truck, first unveiled in 2019, was originally scheduled for release in 2021, but constant delays have pushed back the timeline. The museum announced that gala attendees will be able to bid on a “low VIN” 2024 Cybertruck. A museum spokesperson told us that the winning bidder will receive a Cybertruck with a low VIN “when Tesla completes production,” effectively making this auction an auction for an assembly slot rather than a vehicle.
In recent months, there has been an increase in the testing of Cybertrucks and their transportation on flatbeds. Tesla has previously said that full-scale production won’t begin until 2024, but the first examples will start rolling off the assembly line as early as this year. On July 15, Tesla posted on the Xclaiming website that the first cyber truck was built at the automaker’s Gigas Texas plant.
This is not the first time a highly intelligent vehicle has been auctioned off. The first 2024 GMC Hummer EV SUV sold for $500,000 at the Barrett-Jackson Scottsdale auction in January, and the first 2021 Hummer EV SUT truck sold for $2.5 million at the Barrett Jackson auction.
When will deliveries start?
However, Tesla has yet to announce an official date for the Cybertruck to begin deliveries. The automaker has also not confirmed the specifications of the production pickup truck, which, according to initial reports, was expected to cost around $40,000. Several variants were planned, from a basic single-engine rear-wheel-drive model to a high-performance three-engine variant, but it’s still unclear which one will be released by 2024 or at all.
The Cybertruck certainly exists now – Tesla recently released a video of the Cybertruck driving on dirt roads in Baja California, Mexico, and we’re guessing it’s only a matter of time before it officially goes into production.
News | Technology. Elon Musk stunned the world: What happened on October 13? From sonic booms to Starlink lights, a day of epic space adventures you won’t believe! SpaceX, the pioneering aerospace company led by the enigmatic Elon Musk, has once again wowed us with a spectacle of cosmic proportions. In a testament to human […]
News | Technology.
Elon Musk stunned the world: What happened on October 13?
From sonic booms to Starlink lights, a day of epic space adventures you won’t believe!
SpaceX, the pioneering aerospace company led by the enigmatic Elon Musk, has once again wowed us with a spectacle of cosmic proportions. In a testament to human ingenuity, on October 13, 2023, they carried out a remarkable dual mission: launching NASA’s Psyche spacecraft in the morning and the Starlink satellites in the evening. Join us as we uncover the significance of these missions and learn what lies ahead in SpaceX’s ever-expanding universe.
Morning Glory: NASA’s Psyche mission.
The day began with an earth-shaking sonic boom as the Falcon Heavy rocket roared into orbit and sent NASA’s Psyche spacecraft toward a target few dared to dream of – the asteroid belt. It’s hard to overstate the sheer audacity of this mission.
The Psyche spacecraft is off to explore 16 Psyche, an asteroid unlike any other in our solar system. If the mythical Psyche was associated with love, this spacecraft seeks to unlock the secrets of planet formation by exploring an asteroid believed to be the exposed core of a long-extinct protoplanet. What lies beneath its metallic surface could provide clues to understanding the early solar system.
An unforgettable evening: Mission Starlink.
As the sun dipped below the horizon, SpaceX lit up the evening sky with a Falcon 9 rocket carrying 22 Starlink satellites. This was the 14th flight for the Falcon 9 first stage, highlighting SpaceX’s pioneering approach to reusable rocket technology.
This flight had its own mission – to put Starlink satellites into low Earth orbit. If you haven’t heard of Starlink, it’s SpaceX’s audacious venture to revolutionize global Internet access. It already has more than two million subscribers in 60 countries, and the program is already gaining momentum. The idea is to eliminate Internet blind spots, connect remote areas, and change the way we communicate and work.
Prioritizing psyche and the spirit of collaboration.
Behind these amazing launches is a spirit of collaboration and prioritization. When the initial launch of the Starlink 6-22 rocket was delayed due to upper-level winds, SpaceX, rather than rush into a new launch attempt, decided to participate in NASA’s Psyche mission. This remarkable demonstration of collaboration underscores the complexity of space missions and the importance of careful planning.
Tim Dunn, senior director of launches for NASA’s Launch Services Program, expressed deep appreciation for SpaceX’s cooperation. The postponement allowed NASA to analyze important data from the previous launch, ensuring a safer and more successful journey for the Psyche mission.
What’s next for SpaceX and Starlink?
SpaceX’s journey doesn’t end here. While we don’t yet know a specific date for the next Starlink satellite launch from Cape Canaveral Space Center, the project continues to evolve. As the Starlink constellation grows, our world becomes smaller and space becomes more accessible.
What do you think of SpaceX and NASA’s collaboration to prioritize spaceflight?
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Disclaimer: The information provided in this article is for informational purposes only and should not be considered financial advice. Be sure to consult with a qualified financial professional before making any investment or financial decisions.
Elon Musk, president of SpaceX and Tesla, is known for his antagonistic thinking on a number of important issues, from the future fate of the US and Europe to the conflict in Ukraine. This time, at any rate, the tycoon made a very unfavorable assessment in broad daylight. It all started during a conversation about […]
Elon Musk, president of SpaceX and Tesla, is known for his antagonistic thinking on a number of important issues, from the future fate of the US and Europe to the conflict in Ukraine.
This time, at any rate, the tycoon made a very unfavorable assessment in broad daylight.
It all started during a conversation about Euroassociation and future difficulties.
Here’s what Elon Musk said: if recent developments persist, Europe is heading towards nationwide conflict, and the main dangers are the EU’s regulatory idea and the rise of patriotism on the mainland.
Europe is facing developing dangers, Elon Musk believes.
Following Elon Musk’s statement, it became worrying that Europe is now facing growing pressures from both inside and outside.
He said the regulatory design of the European Association could fuel these pressures.
He noted that navigating the EU often involves different institutions and levels of government, which can be disruptive and cause discontent among some states and residents.
Another interest of the tycoon has to do with the rise of patriotism in Europe. Musk admits that patriotic sentiment has made gains in some countries, which could jeopardize EU solidarity.
Patriotism combined with other socio-political and financial factors could lead to a domestic clash.
Is history repeating itself?
Musk’s expectations are not unreasonable because, as he pointed out, the experience provides several examples of how pressure in an area can escalate into violent clashes.
He cited the Yugoslav conflicts, a series of ethnic strife, freedom battles and uprisings that took place in the mid-1990s in what was formerly Yugoslavia, as one model.
These conflicts were largely driven by patriotic feelings and regional contradictions.
Elon Musk’s prediction has been the occasion for jokes about the provinciality of the European political scene and the potential dangers it faces.
If a nationwide conflict breaks out in Europe, it will have massive consequences.
It could undermine a country’s territory, disrupt the economy, and lead to an emergency.
In addition, a nationwide conflict could have a significant impact on the world stage, affecting global relations, the world economy and security.
Europe is home to some of the world’s largest economies, and any instability in this region could disrupt global exchange, money flow, and movement.
While the topic has found few allies, many believe expectations of nationwide conflict are exaggerated.
Experts note that while Europe faces challenges, it has a long history of resolving conflicts through discretionary and legitimate means.
They argue that the EU, despite its shortcomings, has played a key role in maintaining order in Europe since World War II.
Elon Musk, president of SpaceX and Tesla, is known for his antagonistic thinking on a number of important issues, from the future fate of the US and Europe to the conflict in Ukraine. This time, at any rate, the tycoon made a very unfavorable assessment in broad daylight. It all started during a conversation about […]
Elon Musk, president of SpaceX and Tesla, is known for his antagonistic thinking on a number of important issues, from the future fate of the US and Europe to the conflict in Ukraine.
This time, at any rate, the tycoon made a very unfavorable assessment in broad daylight.
It all started during a conversation about Euroassociation and future difficulties.
Here’s what Elon Musk said: if recent developments persist, Europe is heading towards nationwide conflict, and the main dangers are the EU’s regulatory idea and the rise of patriotism on the mainland.
Europe is facing developing dangers, Elon Musk believes.
Following Elon Musk’s statement, it became worrying that Europe is now facing growing pressures from both inside and outside.
He said the regulatory design of the European Association could fuel these pressures.
He noted that navigating the EU often involves different institutions and levels of government, which can be disruptive and cause discontent among some states and residents.
Another interest of the tycoon has to do with the rise of patriotism in Europe. Musk admits that patriotic sentiment has made gains in some countries, which could jeopardize EU solidarity.
Patriotism combined with other socio-political and financial factors could lead to a domestic clash.
Is history repeating itself?
Musk’s expectations are not unreasonable because, as he pointed out, the experience provides several examples of how pressure in an area can escalate into violent clashes.
He cited the Yugoslav conflicts, a series of ethnic strife, freedom battles and uprisings that took place in the mid-1990s in what was formerly Yugoslavia, as one model.
These conflicts were largely driven by patriotic feelings and regional contradictions.
Elon Musk’s prediction has been the occasion for jokes about the provinciality of the European political scene and the potential dangers it faces.
If a nationwide conflict breaks out in Europe, it will have massive consequences.
It could undermine a country’s territory, disrupt the economy, and lead to an emergency.
In addition, a nationwide conflict could have a significant impact on the world stage, affecting global relations, the world economy and security.
Europe is home to some of the world’s largest economies, and any instability in this region could disrupt global exchange, money flow, and movement.
While the topic has found few allies, many believe expectations of nationwide conflict are exaggerated.
Experts note that while Europe faces challenges, it has a long history of resolving conflicts through discretionary and legitimate means.
They argue that the EU, despite its shortcomings, has played a key role in maintaining order in Europe since World War II.
Starting an electric vehicle business isn’t just a walk in the park. When you think back to when Tesla nearly went bankrupt and Ford suffered billions of dollars in losses in its EV ventures, Rivian is at a crossroads today, just like its predecessors. Newcomers like Faraday Future and Lordstown Motors are already facing financial […]
Starting an electric vehicle business isn’t just a walk in the park. When you think back to when Tesla nearly went bankrupt and Ford suffered billions of dollars in losses in its EV ventures, Rivian is at a crossroads today, just like its predecessors. Newcomers like Faraday Future and Lordstown Motors are already facing financial difficulties, manufacturing failures, and litigation.
Rivian’s performance: A mixed picture.
Rivian is showing promising results, having successfully delivered electric trucks for nearly two years. The company’s latest quarterly report shows impressive growth, with 16,304 vehicles delivered, beating both the previous quarter and analysts’ expectations. Beneath that success, however, is a troubling financial picture: a loss of nearly $33,000 per vehicle.
Collaboration and competition are in the past.
Ford, once a major investor in Rivian and planning to use Rivian’s Skateboard platform, eventually dropped the collaboration and opted to develop its own EV solutions. This turnaround not only changed Ford’s direction, but also marked a transformational phase for Rivian, culminating in a reduction in Ford’s financial support. The move brought Rivian and Ford into a competitive field.
The harsh financial truth.
A recent report in The Wall Street Journal reveals Rivian’s severe losses. Even with a whopping $1.121 billion in revenue, Rivian posted a loss of $32,595 per vehicle in Q2 2023. Thus, the company’s gross margin ended up at a negative 29%. The reasons? High startup costs, production ramp-up, hiring, and R&D investments.
Rivian, which is currently one of the most expensive electric vehicle manufacturers in the world with a market value of more than $100 billion, faces a daunting task. Despite an average selling price of $80,000 per vehicle, the company is losing about $33,000 on each vehicle due to rising manufacturing costs. This challenge is further exacerbated by market trends that have seen the average selling price of EVs drop to around $53,376 per vehicle.
Rivian’s strategy and outlook.
Rivian’s emphasis on luxury trucks and SUVs, which account for about 83% of the company’s total sales, and the attraction of a select market segment further exacerbates its financial challenges. In two years, the company has already depleted “half of its $18 billion cash pile,” largely due to production constraints and component procurement costs.
However, hope is not yet lost. Thanks to increased production and cost-cutting measures by CEO R. J. Schering, there are signs of improvement. Nevertheless, the problems remain serious.
According to The Wall Street Journal, Rivian engineers are aiming to reduce production costs to $40,000 per vehicle. However, questions arise: Will cost reductions alone be able to bring Rivian to profitability by the end of 2024? While loss margins per vehicle are showing improvement, upcoming third-quarter financial results will provide a clearer picture of Rivian’s trajectory.
Conclusion.
Rivian’s third quarter results, scheduled to be released on November 7, will provide a deeper insight into the company’s financial health and its chances of meeting its profitability targets next year. The EV market, competitive and challenging, is one we will be watching closely.
Is there a topic you would like to discuss with us? Let us know!
Note: Our content is for entertainment purposes and is fueled by the latest news, rumors and intriguing speculation.
Starting an electric vehicle business isn’t just a walk in the park. When you think back to when Tesla nearly went bankrupt and Ford suffered billions of dollars in losses in its EV ventures, Rivian is at a crossroads today, just like its predecessors. Newcomers like Faraday Future and Lordstown Motors are already facing financial […]
Starting an electric vehicle business isn’t just a walk in the park. When you think back to when Tesla nearly went bankrupt and Ford suffered billions of dollars in losses in its EV ventures, Rivian is at a crossroads today, just like its predecessors. Newcomers like Faraday Future and Lordstown Motors are already facing financial difficulties, manufacturing failures, and litigation.
Rivian’s performance: A mixed picture.
Rivian is showing promising results, having successfully delivered electric trucks for nearly two years. The company’s latest quarterly report shows impressive growth, with 16,304 vehicles delivered, beating both the previous quarter and analysts’ expectations. Beneath that success, however, is a troubling financial picture: a loss of nearly $33,000 per vehicle.
Collaboration and competition are in the past.
Ford, once a major investor in Rivian and planning to use Rivian’s Skateboard platform, eventually dropped the collaboration and opted to develop its own EV solutions. This turnaround not only changed Ford’s direction, but also marked a transformational phase for Rivian, culminating in a reduction in Ford’s financial support. The move brought Rivian and Ford into a competitive field.
The harsh financial truth.
A recent report in The Wall Street Journal reveals Rivian’s severe losses. Even with a whopping $1.121 billion in revenue, Rivian posted a loss of $32,595 per vehicle in Q2 2023. Thus, the company’s gross margin ended up at a negative 29%. The reasons? High startup costs, production ramp-up, hiring, and R&D investments.
Rivian, which is currently one of the most expensive electric vehicle manufacturers in the world with a market value of more than $100 billion, faces a daunting task. Despite an average selling price of $80,000 per vehicle, the company is losing about $33,000 on each vehicle due to rising manufacturing costs. This challenge is further exacerbated by market trends that have seen the average selling price of EVs drop to around $53,376 per vehicle.
Rivian’s strategy and outlook.
Rivian’s emphasis on luxury trucks and SUVs, which account for about 83% of the company’s total sales, and the attraction of a select market segment further exacerbates its financial challenges. In two years, the company has already depleted “half of its $18 billion cash pile,” largely due to production constraints and component procurement costs.
However, hope is not yet lost. Thanks to increased production and cost-cutting measures by CEO R. J. Schering, there are signs of improvement. Nevertheless, the problems remain serious.
According to The Wall Street Journal, Rivian engineers are aiming to reduce production costs to $40,000 per vehicle. However, questions arise: Will cost reductions alone be able to bring Rivian to profitability by the end of 2024? While loss margins per vehicle are showing improvement, upcoming third-quarter financial results will provide a clearer picture of Rivian’s trajectory.
Conclusion.
Rivian’s third quarter results, scheduled to be released on November 7, will provide a deeper insight into the company’s financial health and its chances of meeting its profitability targets next year. The EV market, competitive and challenging, is one we will be watching closely.
Is there a topic you would like to discuss with us? Let us know!
Note: Our content is for entertainment purposes and is fueled by the latest news, rumors and intriguing speculation.
The world’s best electric car gets even better, but also even more polarizing. When talking about mass-market electric cars, it’s hard not to mention Tesla. Last year, the company sold a record 1.3 million vehicles worldwide, nearly double that of its nearest competitor. At the forefront of those astounding sales were the Model 3 and […]
The world’s best electric car gets even better, but also even more polarizing.
When talking about mass-market electric cars, it’s hard not to mention Tesla. Last year, the company sold a record 1.3 million vehicles worldwide, nearly double that of its nearest competitor.
At the forefront of those astounding sales were the Model 3 and Model Y, and for good reason. Both cars are affordably priced, have powerful powertrains, great range, and are perceived as premium high-tech vehicles.
Unfortunately, Tesla is one of the most polarizing brands on the planet. If you forget the face of the company, Elon Musk, for a second, Tesla continues to make baffling decisions, often for the sake of “simplicity.” Whether it’s deciding to make a cyber truck look like a Lego set in order to create a stainless steel “exoskeleton” or installing flashers on the steering wheel to remove plumes behind the wheel, Tesla doesn’t seem to care how the general public reacts to its decisions.
And unfortunately, Tesla has continued this trend with the updated Model 3, a car that had the potential to be a mass-market EV with universal appeal.
The new Model 3 is a great car, but it’s not for everyone.
To Tesla’s credit, the new Model 3 is more attractive and its interior no longer looks like furniture from IKEA. It’s also quieter in the cabin, the suspension geometry has been changed, the tires are softer, and the range is slightly improved. But, of course, it wouldn’t be Tesla if it didn’t try to go overboard in some ways.
Like the Model S and Model X, the Model 3 ditched the paddle shifters and lights in favor of steering-wheel-mounted buttons and an on-screen shifter. But at least Tesla left the klaxon alone and didn’t cut off half the steering wheel.
Technology is certainly appealing to the masses, and it’s certainly one of the Model 3’s main strengths. But as we’ve seen with many other automakers, it’s very easy to overdo them and actually discourage people from buying a car. For example, even the rear seat vents are controlled by a screen.
In the end, you’ll either like or dislike some of the Model 3’s design choices. But to get used to some of them, like the on-screen gear indicator or the blinker buttons on the steering wheel, consumers will have to really want to buy a Tesla over the competition.
Many tend to choose a Tesla because of the ease of charging, but with powerful companies like Ford, GM, Hyundai, and Rivian adapting NACS, this is no longer a unique advantage. Fortunately, even without the charging advantage, there are plenty of reasons for buyers to purchase the car. The Model 3 still offers ballistic acceleration, great range and undeniable value for money.
However, with more competitive affordable alternatives hitting the market, will the Model 3 remain the best-selling EV?
Could the upcoming competition kill the Model 3’s popularity?
But while on paper these cars may squeeze Tesla, in reality Tesla will remain one of the world’s largest EV manufacturers. It remains the only automaker capable of producing more than a million electric vehicles a year, and that number is likely to rise dramatically once the mythical cyber truck finally goes into production and the updated Model 3 hits store shelves.
By comparison, some of Tesla’s best-selling competitors, such as the Mustang Mach-E and Hyundai IONIQ 5, have never exceeded 40,000 units per year. And while that’s likely to change in the next few years, the Model 3 and Y will remain the default choice for many. It’s just a shame that not all of the changes Tesla has made to the Model 3 have made that choice even easier.
I’ve been following electric car news and developments for a long time. In fact, I’ve been interested in electric cars for a long, long time. I remember back in 1996 when GM released the EV1. At the time, it struck me as amazing and a glimpse into the future. The car only had a range […]
I’ve been following electric car news and developments for a long time. In fact, I’ve been interested in electric cars for a long, long time. I remember back in 1996 when GM released the EV1. At the time, it struck me as amazing and a glimpse into the future. The car only had a range of 60 miles, used lead acid batteries, and lacked any charging infrastructure. Eventually, they switched to MiMH batteries. The car was a limited edition and could only be leased. Personally, I think the EV1 was set up to fail for whatever reason. But it was a precursor to Tesla and other great things to come in the future.
Tesla Ecosystem.
Tesla launched in 2005, just 9 years after the GM EV1. But that was a high-end electric car. However, they had a long-term vision. And it was well thought out. The Tesla Supercharger network of charging stations was introduced in 2012, just as the Model S went into production. It took some time for the stations to roll out. But now there are more than 5,500 Supercharger stations with more than 50,000 plugs worldwide. If you look at a map of the United States and filter out just the Supercharger stations, you can see that they have covered the entire country very well. It is also important to note that the very first Supercharger station, the V1, provided 100 kW of power. Many ChargePoint, EVGO, and ElectrifyAmerica charging stations have power far below that. V2 is 150 kW, V3 is 250 kW, and now there is a new V4. Currently, the V4 is only labeled as 250 kW. But I’ve heard that’s a software limitation.
Tesla has not only rolled out a wide network of Supercharger charging stations, but also made sure that they work very well. The charging process is very simple and enjoyable. And the car is regularly charged at maximum capacity. I recently watched a YouTube video of a guy driving a Tesla and a Polestar on a 400-mile trip. He made sure to make plenty of stops during the trip to show how each car felt. It’s very enlightening.
Painful non-Tesla experience.
If you’ve watched this video, I think you know what you’re in for. If you haven’t watched it yet, the basic story is that charging the Polestar was painful to say the least. First of all, there were a lot of broken stations along the way. There were stations with reduced power that were only giving out a fraction of their maximum power due to some problem. There were also a few stations that didn’t seem to have any problems, but couldn’t deliver the full stated capacity for a charge.
One of the most interesting points in the video was why many stations were unable to deliver their maximum charging capacity. The presenter talked about the cable being too small for the charger. I watched several YouTube videos of people taking trips in non-Tesla EV class vehicles. And when they got to the DC fast chargers, they regularly got far less than the amount the charger said it was supposed to deliver. I think this is likely due to the problem the presenter pointed out – the cable just can’t handle the load. It makes sense why, say, the Ionic 5 or the Ford F-150 Lightning were only able to get about 85 kW on charge instead of the claimed 150 kW.
Another thing I’ve noticed when reviewing applications like PlugShare is that many CCS chargers are quite slow. It’s not uncommon to find stations that can only deliver 56 to 86 kW. And finding 350 kW is very difficult. Often there are two 150kW stations and two 350kW stations on a site, while they can run up to 350kW.
Tesla and CCS charging station density.
Another issue that comes up regularly is the number of available spaces on a charging pad. I’ve run into this a lot. There might be about 4 CCS chargers in a parking lot and 10, 20 or more Tesla Supercharger spaces next to them. Tesla is currently far outperforming other models in sales. But as GM, Ford, Hyundai and others sell more and more cars, demand will increase.
One of the problems we have to deal with now is having to wait 20-40 minutes to charge an electric car. If one has to wait for someone else to charge, it adds to the frustration. So if the place is heavily used, you can get a number of very unhappy drivers. Add to that a person who has a car that can charge at a maximum of 150 kW and decides to drive up and use a 350 kW spot, and you’re on the verge of frustration.
NACS is the new North American standard.
Many automakers have announced a switch from CCS to NACS connectors. The NACS connector is the Tesla connector. And Tesla is opening up the Tesla Supercharger network to non-Tesla vehicles. We don’t know yet what this will look like going forward. The first cars from other manufacturers with NACS connectors are expected to start shipping in late 2024 or early 2025. In the meantime, automakers transitioning to the NACS connector will be shipping CCS connector adapters to NACS.
Charging stations not owned by Tesla have already started reporting that they will be retrofitting their chargers with NACS connectors at some point. This will be an interesting transition over the next few years. I wouldn’t be surprised if this change causes a slowdown in non-Tesla electric car sales until new cars come with NACS connectors. It’s hard to say how much of an impact it will have. But I do know that I don’t want to get into a car with a CCS connector from a company that is transitioning to NACS. Yes, they will have an adapter, but who wants to mess around with it?
People are more likely to charge at home.
There is another point to consider in this whole charging discussion. Most people charge their cars at home most of the time. The need for a reliable public charging infrastructure arises when traveling for long periods of time. This is one of the main differences between internal combustion engine cars and electric cars. With an internal combustion engine car, you always need to go to the gas station for gasoline. In the case of an EV, you simply plug in at home.
Currently, home charging is only available to those who own their own home and have a driveway, or better yet, a garage. If you’re renting, you’ll have a hard time getting your landlord to install a Level 2 charging station. If you live in an apartment, you have the same problem. However, the situation is starting to change. I’ve seen a few apartment listings that offer a level 2 charging station in the garage as one of the features. In time, this will become much more common. And I think smart builders will be wiring for level 2 charging stations when building new homes. It costs virtually nothing to run a 240-volt line to any place where it is practical to install a charger. It then requires nothing to attach the appropriate charger to the wall.
Electric cars are inevitable. The pace of their adoption is increasing every year. Yes, there are some obstacles, such as charging infrastructure in public places for long trips. But all these will be overcome within the next few years. GM, BMW, BMW, Honda, Hyundai, Kia, Mercedes-Benz and Stellantis are jointly planning to build 30,000 more charging ports in the U.S. and Canada. Most of them will be located along major highways. But they will install stations in other locations as well.
Ewing, Jack. “G.M. and other automakers to build 30,000 charging stations for electric cars.” The New York Times. https://www.nytimes.com/2023/07/26/business/energy-environment/electric-vehicles-fast-chargers-automakers.html.
Honda, a well-known name in the automotive industry, is taking its first step into the electric vehicle (EV) market with the introduction of the 2024 Honda Prologue. This long-awaited move marks a significant milestone for the Japanese automaker in the world of eco-friendly transportation. Developed in collaboration with General Motors, the Prologue promises innovation and […]
Honda, a well-known name in the automotive industry, is taking its first step into the electric vehicle (EV) market with the introduction of the 2024 Honda Prologue. This long-awaited move marks a significant milestone for the Japanese automaker in the world of eco-friendly transportation. Developed in collaboration with General Motors, the Prologue promises innovation and style, aiming to make a splash in the U.S. electric vehicle market.
Innovative design: A visual marvel.
The 2024 Honda Prologue combines modern design elements with timeless Honda style to create a breathtaking visual masterpiece. Created in a California-based design studio, this EV features flowing lines and carefully crafted aerodynamics that set it apart in the SUV segment. The Prologue features a sleek black panel with the iconic Honda logo in place of the grille, enhancing aerodynamics and symbolizing its eco-friendliness.
Advanced lighting and safety systems.
The Prologue is equipped with advanced lighting: fully LED headlights, daytime running lights and turn indicators provide safety and aesthetics. LED fog lights improve visibility in adverse weather conditions, making the Prologue a safe and stylish choice.
Strategic partnership with GM: sharing the Ultium platform.
Built on the GM Ultium platform, which is also used in the Chevrolet Equinox EV, the Prologue is the result of a strategic partnership between Honda and General Motors. This collaboration leverages GM’s EV expertise, accelerating the development and adoption of electric vehicles.
Interior Excellence: Infotainment System and Comfort.
Inside, the Prologue features an impressive 11-inch touchscreen with Google integration – a first for Honda SUVs. This interface simplifies navigation, entertainment, and climate control. Comfort is paramount, with 12-way adjustable seats and optional heated and ventilated seats in the Elite package enhancing the driving experience.
Versatile cargo and storage solutions.
The Prologue offers more than 25 cubic feet of storage space behind the second row, which can be expanded to 57 cubic feet with the seats folded. In addition, a hidden underfloor compartment provides discreet and secure storage.
Powertrain options to suit your needs.
The Prologue offers two powertrain options. The single-engine front-wheel drive option combines efficiency and performance for everyday riding. The twin-engine system provides a more dynamic driving experience with impressive power and all-wheel drive.
Efficient battery and charging.
The Prologue is equipped with an 85 kWh battery pack that provides a range of up to 300 km for the front-wheel-drive version on a full charge. The fast charging capability allows for an increase in range of approximately 65 miles in just 10 minutes when connected to a Level 3 charger.
Release date and pricing.
Honda plans to release the Prologue in early 2024, and its starting price will be in the neighborhood of $40,000 and could eventually be $46,000 to $48,000. Federal tax credits of $7,500 could make it even more attractive to frugal buyers.
Competing with Tesla: A close rival?
While the Tesla Model Y has an impressive range and an extensive network of Supercharger charging stations, the Honda Prologue gives it serious competition with a 300-mile range. Google’s integration of the Prologue and Honda’s reputation as a reliable car may attract some buyers, while Tesla leads the way in advanced technology and innovation.
Conclusion.
The 2024 Honda Prologue is a pivotal moment for Honda as it enters the electric vehicle market. With its attractive design, innovative features, and competitive pricing, it aims to capture the attention of consumers looking for a reliable and stylish electric SUV. Whether it can wrest market share from Tesla remains to be seen, but it’s certainly a promising contender in the electric vehicle market.
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Ford has officially announced the discontinuation of its longtime and beloved Ford Fiesta model, marking an important step in the automotive industry. The decision comes as part of Ford’s commitment to an environmentally friendly, electric future. Fiesta Legacy. The Ford Fiesta, introduced in 1976, became one of the staples of the supermini class of cars, […]
Ford has officially announced the discontinuation of its longtime and beloved Ford Fiesta model, marking an important step in the automotive industry. The decision comes as part of Ford’s commitment to an environmentally friendly, electric future.
Fiesta Legacy.
The Ford Fiesta, introduced in 1976, became one of the staples of the supermini class of cars, winning the hearts of millions with its compactness and stylish design. Over the years, it has changed seven generations and has become one of Ford’s best-selling models worldwide. With more than 22 million units sold worldwide, it has left behind a remarkable legacy.
Evolution and modernization.
In its early days, the Fiesta impressed with its nimble handling and lightweight construction. Despite the modest power, it was characterized by interesting driving qualities. The second generation introduced a continuously variable transmission (CVT) that improved efficiency and performance. Throughout its lifetime, the Fiesta maintained its practicality, versatility and affordability, which appealed to a wide range of consumers.
Pandemic problem.
The Pandemic era presented automakers with a challenge: demand shifted toward larger vehicles such as crossovers, SUVs, and trucks. The Fiesta, being a compact car, could not compete in this environment. Ford had to prioritize more profitable models, which led to the decision to discontinue the Fiesta on July 7, 2023.
Ford’s Electric Future.
Ford’s decision to discontinue production of the Fiesta is part of a strategic shift to electric vehicles. The company’s plant in Cologne, Germany, which has been in operation since 1931, is being transformed into an all-electric production facility, reflecting Ford’s commitment to an environmentally friendly future.
The replacement: the Explorer EV electric SUV.
The Fiesta will be replaced by Ford’s new all-electric passenger car assembled in Europe, the Electric Explorer SUV EV. This SUV, produced at the Cologne Electric Vehicle Center, is the result of Ford’s collaboration with Volkswagen. It will utilize the MEB platform developed specifically for electric vehicles.
Powertrain and charging.
While specific powertrain details have yet to be revealed, Ford promises “responsive and advanced” rear-wheel drive and all-wheel drive variants of the electric vehicles. The Explorer electric vehicle will be equipped with DC fast charging, allowing it to quickly charge from 10 percent to 80 percent in just 25 minutes.
Bold Design.
The Explorer EV electric SUV will combine style and functionality, with bold design elements that reflect Ford’s American design heritage. It aims to strike the perfect balance between aesthetics and practicality in the midsize crossover segment.
Price and ambitious plans.
Ford plans to offer the electric Explorer SUV EV in Europe at a starting price below $49,150 in an effort to make electric vehicles more affordable. The SUV is just one of nine all-electric vehicles in Ford’s European lineup by 2024.
Honoring the Fiesta’s heritage.
As a sentimental gesture, Ford will preserve the last two remaining Fiesta vehicles for its historic fleet. One will be in Cologne, Germany, where the Fiesta was manufactured, while the other will take up residence in the UK park to pay homage to its cultural significance in Britain.
The Fiesta’s passing marks the end of an era, but also signals Ford’s commitment to an electrified future in which innovation and sustainability take center stage. What do you think of this transition? Share your comments below.
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