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Archive for the ‘EVs’ Category

Aston Martin Lagonda All-Terrain Concept Hints at Future

All-electric prototype hints of crossover set to mark the brand’s revival.

by on Feb.06, 2019

The Aston Martin Lagonda All-Terrain Concept will strongly influence a coming production model.

Automakers have a habit of reaching into the history books. We’ve seen a number of once forgotten nameplates rise from the dead lately, including the Chevrolet Blazer and Ford Bronco. And the upcoming Geneva Motor Show will mark the revival of two once-grand brands: Hispano-Suiza and Lagonda.

The return of the latter, a subsidiary of Aston Martin, has been in the works for several years, a show car called the Lagonda Vision making its debut in Switzerland a year ago. Next month, we’ll see the debut of a second prototype, the Lagonda All-Terrain Concept, and it seems a lot closer to the production model set to reach showrooms a couple years from now.

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“The Lagonda All-Terrain Concept offers explicit clues regarding what will be the first Lagonda model to enter production, and further demonstrates how Lagonda’s zero emission powertrain enables us to create spectacular cars that will radically redefine their sectors of the market,” says Aston CEO Andy Palmer.

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Hispano Suiza to Reveal Electric “Hyperlux” Car in Geneva

Forward into the past.

by on Feb.05, 2019

A familiar name is making a comeback at the Geneva Motor Show. Hispano-Suiza is debuting a electric concept dubbed "The Carmen," next month.

An old luxury brand is looking to make a comeback with the launch of a very modern hypercar.

Barcelona-based Hispano Suiza plans to reveal a fully electric “hyperlux grand tourer” during the upcoming Geneva Motor Show. Dubbed the “Carmen,” the new model is named after the granddaughter of the founder of the once iconic brand. Curiously, the decision to adopt battery power actually brings Hispano Suiza back to its roots.

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The company – whose name means Spanish-Swiss – hasn’t put its name on a new car in nearly three-quarters of a century, but for a handful of concept vehicles meant to spur a revival. But it is now confident enough to begin taking orders for the new, all-electric tourer. (more…)

Tesla Purchasing Ultracapacitor Maker Maxwell Tech

Electrify America turns to Tesla Powerpack for new charging stations.

by on Feb.05, 2019

A Tesla supercharger station.

Tesla will spend $218 million to acquire Maxwell Technologies, an energy company that could help it both reduce battery costs and develop a battery alternative called an ultracapacitor.

Separately, Electrify America, a company dedicated to promoting and supporting electric vehicles, plans to use Tesla’s Powerpack battery backup system at more than 100 of its EV charging stations.

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“We are always looking for potential acquisitions that make sense for the business and support Tesla’s mission to accelerate the world’s transition to sustainable energy,” Tesla said of the planned purchase of Maxwell in a statement.

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VW Subsidiary Buying Tesla Powerpacks for Charging Stations

Purchase comes just after Musk says powerpack biz will be strong.

by on Feb.04, 2019

As Volkswagen brings more EVs to U.S. consumers, they're going to need places to charge.

Tesla CEO Elon Musk said recently that he expected the company’s power storage operations to grow twice as fast as the automotive business for some time going forward … and now Volkswagen’s helping to prove him right.

Volkswagen AG’s subsidiary, Electrify America, plans to install Tesla battery storage, better known as Powerpack systems, at more than 100 charging stations across the United States to help keep costs down for drivers who may have to charge their electric vehicles during peak load times.

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Electricity users can incur high-demand charges from many U.S. utilities when they draw a lot of energy from the grid in a short time, which can happen charging an electric vehicle or a number of them at once at a single station. (more…)

Audi, Toyota Proclaimed Big Super Bowl Ad Winners

GM riled up by Unifor's protest commercial.

by on Feb.04, 2019

Audi's "Cashew" commercial during last night's Super Bowl generated huge traffic to the company's website: more than any other automaker's ad.

Last night’s Super Bowl may not have been the most impressive display of football ever, but as New England Patriots QB Tom Brady sought his sixth ring, automakers sought those less interested in Brady’s quest and more compelled by the commercials between drives.

While the automakers may or may not have lived up to expectations, it’s a commercial unseen by most viewers that may have had the biggest impact.

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According to Edmunds.com, joining Brady and the Patriots on the winners podium last night were Audi and Toyota. Edmunds analysts tracked traffic to brand and model pages on both its desktop and mobile sites during the game to see which automotive ads were most successful in driving immediate shopper interest. (more…)

BMW Reveals New 7-Series Plug-In Hybrid

Three versions worldwide, including U.S.-bound 745e xDrive.

by on Feb.01, 2019

The second-generation BMW 7-Series plug-in opts for a bigger engine and bigger battery.

BMW continues its push to electrify its line-up with the official launch of the new 745e model. Three different versions of the plug-in hybrid will be offered worldwide, including the 745e, the 745Le and the 745e xDrive, the latter being the only variant planned for the U.S. market.

The new model marks the second-generation 7-Series plug-in but gets a complete makeover under the hood, abandoning the previous model’s 2.0-liter inline-four gas engine in favor of a 3.0-liter inline-six. Paired with a single electric motor, the package is claimed to delivered both improved performance and longer range when operating in EV mode.

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Part of the credit for those improvements comes from the increase in the size of the 745e sedan’s lithium-ion battery pack from 9.2 to 12.0 kilowatt-hours.

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Tesla Selling Model 3 in China; Changes Names on Model S,X

Chinese buyers can get lower-priced model not available in U.S.

by on Feb.01, 2019

Tesla made a less expensive version of the Model 3 available for sale to the Chinese market.

Just days after reporting a small profit for the fourth quarter of 2018, Tesla opened up sales of a lower-priced Model 3 to buyers in China while changing the variant names for the Model S and Model X.

The EV maker is offering the long range, rear-wheel-drive Model 3 variant starting at 433,000 yuan, or about $64,000, according to Reuters. By comparison, the medium-range RWD Model 3 in the United States starts at $35,950. Tesla doesn’t currently sell the rear-drive, long-range version in the U.S. right now.

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The 433,000 yuan represents a significant price cut from what they were originally selling for in China: 499,000 yuan. It’s not clear where those vehicles will be produced in the Fremont, California plant or in the Shanghai Gigafactory, which is currently under construction but expected to be complete before the end of the year. (more…)

VW Plugs In With New Dune Buggy Concept

Retro design, futuristic powertrain; concept to debut in Geneva.

by on Jan.31, 2019

Volkswagen is bringing a new electric concept to the Geneva Motor Show in March – what's old is new again!

Volkswagen is going back to the future with a ‘60s-tinged concept coming to the Geneva Motor Show in a little more than a month.

The show car is modelled after the classic dune buggies that hit American roads and beaches back in the 1960s and 1970s. But the new iteration offers something very different under the hood – or, more accurately, under the floorboards, the buggy concept making use of the same, modular electric drivetrain that will power an assortment of upcoming Volkswagen products.

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“A buggy is more than a car. It is vibrancy and energy on four wheels,” suggested VW’s global design chief Klaus Bischoff. “These attributes are embodied by the new e-buggy, which demonstrates how a modern, non-retro interpretation of a classic can look and, more than anything else, the emotional bond that electric mobility can create.” (more…)

With More Product Coming, Tesla CEO Musk Promises Good Earnings Even In a Global Recession

Musk outlines plans for Tesla Model Y, Semi and Pickup in hour-long earnings call.

by on Jan.31, 2019

Tesla's Elon Musk spent much of his time on a call with analysts and media painting a rosy picture for 2019.

Tesla’s weak fourth-quarter earnings failed to impress industry analysts and investors, despite an optimistic, hour-long presentation by CEO Elon Musk who promised that the battery-electric automaker is ready to deliver solid profits “even if there’s a global recession.”

Speaking to reports and analysts, Musk presented an upbeat vision that anticipates a huge surge in both production and demand for the Model 3 sedan, while noting that two other products, the Model Y SUV and battery-powered Semi will go into production in 2020. The 47-year-old entrepreneur fended off concerns that Tesla won’t be able to cover an upcoming bond payment of more than $900 million without seeking new equity.

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“2019 is going to be an amazing year for Tesla,” Musk said, later adding that he is “optimistic about being profitable in Q1. Not by a lot, but I’m optimistic about being profitable in Q1 and for all quarters going forward.” (more…)

Tesla Misses With Q4 Earnings, Raising New Concerns

Automaker plans to ramp up Model 3 output in bid for bigger earnings.

by on Jan.30, 2019

Tesla's Elon Musk said the company faced significant headwinds in the previous quarter and will continue to do so.

Tesla delivered its second consecutive quarterly profit on Wednesday, but hit by various headwinds, including weak sales in China, the world’s largest battery-car market, the numbers fell well below the Wall Street consensus forecast, triggering a pushback from nervous investors.

The automaker said it would push to boost production of its mainstream Model 3 battery-electric vehicle in the months ahead, but whether that can kick-start momentum remains uncertain, Tesla CEO Elon Musk earlier this week warning that the automaker faces a “very difficult” road ahead, something potentially complicated by a nearly $1 billion bond payment due near the end of the first quarter.

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Referring to 2018 as “the most pivotal year in Tesla’s history,” the automaker tried to put a positive spin on its Q1 results, noting that sales came in stronger than expected with strong revenues. But the initial response was far from upbeat, despite Tesla shares regaining some of the losses of recent weeks during the regular Wednesday trading session. (more…)