Here is an update on the main chinese BEV (battery electric vehicle) companies: BYD, Xpeng and Nio through November 2021. There is also the Wuling Hongguang Mini EV but which has many units but is priced at about US$5000. Hongguang mini sold 45,576 in November 2021. BYD has produced 276395 BEV (Jan-Nov 2021). If they …
Past technology adoption S curves all point to rapid accelerated adoption after 10% adoption is crossed. Battery electric car adoption has reach 13% in Europe and China. Norway’s electric car adoption is the most relevant data point for how fast the adoption will move. Norway went from 10% battery electric market share to over 70% …
Plug-in electric car sales in China in October 2021 more than doubled October 2020 to over 325,000. Battery electric cars are now over 13% of China’s total new car market. The share of battery electric cars is rapidly growing in China and Europe. Germany is 30% EV. A rapid shift four to six year shift …
Purdue University engineers have invented a new, patent-pending charging station cable that would fully recharge certain electric vehicles in under five minutes. Today, chargers are limited in how quickly they can charge an EV’s battery due to the danger of overheating. To charge an EV faster, a higher current needs to travel through the charging …
BYD battery EV sales rose 176% to 41,232 units year over year and 13% from September, 2021. October PHEV sales increased from 7,126 units in 2020 to 38,771 in 2021. BYD has also sold over 1000 battery electric buses. Volkswagen Group delivered 122,100 battery-electric vehicles (BEVs) were delivered to customers from July 1 to Sept …
Tesla produced 56,006 cars in China in September and produced about 34,000 cars in Fremont in September. Tesla delivered 241,000 EV cars in the third quarter. Tesla makes EVs exclusively. Tesla made 133000 cars in China in the third quarter and 109,000 cars in Fremont in the third quarter. Tesla made about 92000 cars in …
JB Straubel was the CTO of Tesla and is now the CEO of Redwood Materials. Redwood Materials had $700 million of funding in July, 2021. In an interview below, JB says he was amazed that legacy automakers did not rapidly follow Tesla after the success of the Model S. This was in 2012. Car companies …
GM old about 447,000 vehicles from July through September, down 32.8% from a year earlier when sales volumes were depressed due to the coronavirus pandemic. This likely means that GM made $23 billion in quarterly revenue instead of $34 billion. The chip shortage has caused GM to shutter plants for weeks, if not months, and …
General Motors will start making battery fixes to over 140,000 recalled Chevrolet Bolts EVs and EUVs beginning in mid-October. Every GM Bolt ever made and every Hyundai electric Kona ever made have been recalled because the battery packs can catch fire. There needs to be a $11000 to 12000 fix for each electric car. There …
By early 2022, Redwood Materials will announce a site for a North American battery materials manufacturing facility, aiming to produce 100 GWh/year of cathode active materials and anode foil for one million electric vehicles by 2025. By 2030, we expect our production output to scale to 500 GWh/year of materials which would enable enough batteries …
New EV tax credits will happen but the House and Senate versions must get reconciled. On Friday, the US House has details in its proposed EV tax credits. The current EV tax is a $7,500 tax credit for the first 200,000 electric vehicles per manufacturer. Tesla has built more than 200,000 EVs. The new EV …
