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Posts Tagged ‘battery-electric vehicles’

Half the Vehicles on U.S. Roads Will Be Electrified by 2030

New BCG study sees explosive growth as battery prices fall, range grows.

by on Nov.02, 2017

The Chevrolet Bolt will soon by joined by "at least" 20 more battery-electric vehicles from GM.

While battery-based vehicles still account for only a miniscule share of the global automotive market, a new study forecasts explosive growth over the coming decade or so, with as much as half of the vehicles sold in the U.S. by 2030 expected to be using some form of electrification.

In the relative near-term, government incentives, including the $7,500 federal tax credit offered in the U.S., will be needed to build momentum, said Xavier Mosquet, the lead author of the study for the Boston Consulting Group. But as battery prices fall and range increases, the technology will become increasingly attractive to consumers without government assistance, he said.

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Tech News!

“We see an economically sustainable market for electric vehicles somewhere between 2025 and 2030,” said Mosquet, who heads BCG’s Detroit office. And the faster battery prices fall – and the more oil costs rise – the more the equation shifts from the internal combustion engine to electrified vehicles.

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Hyundai Aiming for #2 in Green Vehicle Market

Korean maker and partner Kia will launch 26 “eco” models by 2020.

by on May.25, 2016

The Hyundai Ioniq will be offered with hybrid, plug-in and EV versions.

Hyundai has big plans for the “eco” market, with the maker planning to introduce 26 new hybrid, plug-in, battery-electric and fuel-cell  vehicles between now and 2020, a blitz that begins with this year’s launch of the new Ioniq model.

The challenge, said the head of the Korean carmaker’s green car program, will be winning over motorists who’ve so far shown a reluctance to buy battery and hydrogen cars in large numbers. But, facing increasingly stringent emissions and mileage mandates, Hyundai – and its rivals – have no choice but to bring cleaner, more energy-efficient products to market, said executive Byung Ki Ahn.

Plug In!

“We’re making a serious effort to be the number two producer of EVs and fuel-cell vehicles,” said Ahn, the director of the Eco-Vehicle Performance Development Group for Hyundai and partner Kia. “I don’t think we can beat Toyota right away.”

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Hyundai Blitzing Market with 26 Green Machines

Korean maker aims to rival Toyota in alternative powertrain technology.

by on Apr.05, 2016

The Hyundai Ioniq makes its debut at the NY Auto Show. Hybrid, plug-in and EV versions will be offered.

When Hyundai pulled the wraps off its new Ioniq model last month, it offered three different alternative flavors: a conventional hybrid, a plug-in and a pure battery-electric version. But that’s just the beginning of the Korean carmaker’s green car push.

Within the next four years, Hyundai Motor Group – including both the Hyundai, Kia and Genesis brands – intends to flood the market with 26 green machines, including both battery and hydrogen-powered models.

Power Up!

The move is a risky one, especially in light of current, low gas prices that could stay depressed for several more years. But if Hyundai can pull it off, only Toyota would offer more models using alternative powertrain technology.

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EVs May Not be as Green as They Seem

New study claims battery cars actually can worsen global warming.

by on Dec.16, 2014

Where does that electricity come from?

If you’ve been thinking about buying a new battery-electric vehicle in an effort to be kinder to the environment, a new study suggests you might want to think again. According to its authors, EVs might actually worsen global warming.

If you’re charging up your new battery-car using electricity generated from coal, it turns out, you’ll actually create nearly four times as much soot, while increasing the amount of CO2 going into the atmosphere – while also increasing smog deaths, according to the new study by the University of Minnesota.

Plug In!

“It’s kind of hard to beat gasoline,” despite its bad reputation among environmentalists, said study co-author and engineering professor Julian Marshall. “A lot of the technologies that we think of as being clean,” he added, “are not better than gasoline.” (more…)

Nearly Half of All EVs Sold in California

Ten states generate 25% of EV volume

by on Dec.11, 2014

Despite the fact that Nissan Leaf buyers don't have to pay for gas as owners of an electric vehicle, EV sales are still less than 1% of new car sales.

Nearly half of all the battery-electric vehicles sold in the United States are going to customers in California, according to a new report by the U.S. Energy Information Administration, or EIA.

The report also noted that sales of plug-based vehicles, including plug-ins and pure battery-electric models, still constitute a tiny fraction of the total American vehicle fleet, with demand growing at a marginal pace despite a flood of new models.

Plugged In for News!

Along with California, motorists in Hawaii and Washington have been quickest to plug into the electric vehicle market, with at least three of every 1,000 registered vehicles in those states. In only three states – Virginia, Georgia and Oregon – have EVs reached more than two in 1,000. (more…)

Tesla Tells Deposit Holders that Model X Coming in Early 2015

EV maker producing prototypes this fall.

by on Jun.17, 2014

Tesla's Model X will start rolling off the production line next spring, according to a letter from the company to those who put down deposits on the crossovers.

When it’s not discussing the possibility of producing a submersible car or one that can fly, Tesla Motors reminds people that it produces real-world vehicles, in this case, it recently told potential owners of the Model X that the crossovers will begin rolling off the production line in early 2015: a little sooner than anticipated.

In a letter to people who have put down $5,000 deposits on the EV maker’s next addition to its line-up, the company said it would begin building prototypes this fall and the road-ready models would be available in the first half of next year.

Global News!

Tesla has been pointing to sometime next year as the plan for the next vehicle in its portfolio – the others been the couple and Model S – which is also expected to include an affordable sedan sometime after 2016. (more…)

Tesla Offers Up Access to Patented Technology to Competition

EV maker’s hoping to accelerate growth of battery electrics with move.

by on Jun.13, 2014

Tesla's Model S is one of the best-selling electric vehicles in the U.S., however, EV sales are still less than 1% of all vehicles purchased, but Elon Musk is trying to accelerate that.

Apparently, Tesla Motors’ CEO Elon Musk really believes in the adage “a rising tide lifts all boats” as he’s decided to give all automakers access to the company’s patents. By giving everyone the technology, it may boost innovation and, by extension, sales.

“We’re trying to clear a path for the electric-vehicle industry,” he said during a conference call today. “I think to some degree here a rising tide lifts all boats. On balance it’s better if the rest of the industry pursues electric vehicles more vigorously.”

Your Automotive Source!

The access doesn’t come without some strings attached. Automakers using the information must provide something of equal value or agree to not sue Tesla. (more…)

EV Buyers Tend to Be Younger, More Affluent Than Hybrid Owners

One in five battery-car owners has income topping $175,000.

by on Apr.22, 2014

The high cost of the Tesla Model S has raised the average income for all EV buyers.

Motorists who purchase battery-electric vehicles tend to be younger and more affluent than drivers who buy more conventional hybrid vehicles, according to a new study.

That’s in line with other studies that have found the Tesla Model S has become one of the most popular products among motorists in the nation’s wealthiest zip codes.

Data Check!

“At first glance, one would imagine that consumers purchasing either a hybrid or electric vehicle would be nearly identical; both are environmentally conscious, are of similar ages and have higher income levels,” said Melinda Zabritski, senior director for Experian Automotive. But the data tracking firm found surprising differences.

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Kia Joins Battery Brigade With New Soul EV

Limited sales begin later this year.

by on Feb.06, 2014

Kia's first battery-car, the Soul EV, goes on sale during the third quarter, but only in a handful of markets.

Korean carmaker Kia is the latest to plug-into the growing market for battery-electric vehicles, introducing the all-new 2015 Kia Soul EV at the Chicago Auto Show.

The Soul is one of three battery-based models Kia is showing at this year’s event in the Windy City, the maker also rolling out an updated version of its Optima Hybrid sedan, as well as the new Niro Hybrid Concept.

Keeping You Plugged In!

Most major automakers have, or soon plan to add plug-based vehicles to their U.S. model lines – at least in part due to the strict new Zero-Emission Vehicle, or ZEV standards going into effect in California and a handful of other states.  But while sales have fallen well short of proponents’ expectations, plug-in hybrids and pure battery-electric vehicles, or BEVs, generated just short of 100,000 sales last year, an all-time record.

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U.S. Fuel Economy Sets Record for 2013

Electrics, hybrids help push toward new high-water mark.

by on Jan.09, 2014

U.S. fuel economy is higher than ever, in part, because of increasing sales of hybrids and electric vehicles.

Despite plunging fuel prices that helped drive a sharp increase in sales of pickup trucks and utility vehicles last year, the fuel economy of the typical new vehicle sold in the U.S. hit an all-time record in 2013.

The average window sticker of new vehicles sold in the U.S. in December was 24.8 mpg – down 0.2 mpg from the revised value in November, but up 4.7 mpg from the value in October 2007, the first month of monitoring by the University of Michigan Transportation Institute.

Product News!

The average fuel economy of all vehicles sold during the 2013 calendar year was 24.8 miles per gallon, which was up 1 mile per gallon from the average fuel economy posted for 2012 and 3.9 mpg from 2008, according to the U-M survey. For the 2013 model year, which ended October 1, U-M reports the fuel economy rating for all vehicles is 24.7 mpg, which is the highest level ever. (more…)