Volkswagen has called the launch of its ID.3 electric car the most significant since the Golf. But the launch is also a milestone for one of its tyre partners. Following the news that Bridgestone would supply its Enliten-enhanced Turanza Eco tyres to the ID.3, the world’s largest tyre manufacturer has outlined the benefits of its low rolling resistance, reduced materials technology, available on the road for the first time on the ID.3. Bridgestone says Enliten Technology “sets a new lowered standard in material use and rolling resistance to deliver significant environmental benefits,” making it ideally suited to a car launch characterised as a milestone in sustainability.
Following the news that Tesla’s market capitalisation now exceeds that of Toyota, making it the most valued carmaker in the world, David Leggett, automotive Analyst at GlobalData, says: “The automotive sector is among the most severely impacted by the COVID-19 crisis and facing decimated markets this year. GlobalData’s base COVID-19 light vehicle sales scenario forecasts a fall of 17.8 per cent on 2019 to 73.9 million, a greater hit to the market than in the 2007/8 financial crisis. Against this background, the share prices of many automotive companies and suppliers have been hit.”
Following the SMMT’s June round of car registrations figures, analyst Deloitte wonders if there is cause to think a UK automotive landmark has passed. While much of the focus has been on the historic depths the country’s car sales have hit, the proportional demand for hybrid and electric vehicles has continued to rise at pace. Michael Woodward, UK automotive lead, Deloitte, said: “The automotive industry is taking positive steps towards recovery from the impact of COVID-19. Socially-distanced showrooms have been reopened in England for a full month, and factory production is ramping up again, in some cases faster than expected.
McGill University researchers show that affordable materials could prove key for improving the batteries used in electric vehicles. The breakthrough was analyzed and confirmed with the Canadian Light Source (CLS) at the University of Saskatchewan. The research was funded by NSERC and supported by Hydro-Quebec.
Hyundai Motor Group has announced a rise of nearly 58 per cent rise in global electric vehicles sales in the first five months of 2020. The Korean car maker has sold 40,182 units in the period. David Leggett, automotive analyst at GlobalData, says: “Hyundai’s success reflects strong demand in Europe for recently-launched electric vehicles such as the Hyundai Kona Electric and Ioniq as well as Kia Niro and the Soul EV.
The UK government is searching for 4 million square feet of industrial space to house an electric vehicle Gigafactory. According to Property Week, the Department for International Trade (DIT) has made the request for “an electric vehicle research, development and manufacturing plant in the UK”. In addition, the 650-acre Gravity site in Somerset has been specifically linked as prospective location for the apparent Gigafactory project. And what’s more Property Week has linked Tesla to the search for the site. Taken together, the scale of the project, DIT’s confirmation that it is for vehicle research, development and manufacturing, and the suggestion that it is all for Tesla mean the project is a prospective Gigafactory.
The latest edition of the NFDA EV Dealer Attitude Survey revealed key insights into retailers’ views about electric vehicles. The survey was launched in May 2018 to monitor retailers’ satisfaction levels with manufacturers’ approach to the EV sector.
Roughly a year after reports suggested the UK could become home to a gigafactory, AMTE Power and Britishvolt announced plans to investigate collaborating to build the UK’s first full cycle battery cell GigaPlant, servicing the automotive and energy storage markets. Both parties have signed a memorandum of understanding (MoU) focussed on each other`s complementary ambitions to create and expand an onshore manufacturing supply chain. The successful outcome of the collaboration would enable scalable production of a diverse product portfolio of lithium ion batteries to support the country’s Road to Zero targets and unprecedented transition to electrification.
A study earlier this year concluded that electric cars are much better for the climate than petrol cars in 95 per cent of the world. Other research last week found that on a yearly basis, electric cars (9,435 miles) are driven 26 per cent more miles when compared to petrol cars (7,490 miles).
Dismal new car registration figures in April conceal a milestone for the UK motoring public – for the first time ever, an all-electric model topped the passenger vehicle sales charts. But when it comes to overall new registrations, top of the heap during the month was a van.
In what has, for obvious reasons, been dubbed a Covid-19 budget, new UK Chancellor the Exchequer (the Right Honorable Rishi Sunak MP) promised the highest levels of inward investment for 30 years including a number of initiatives that will help small and medium-sized business such as tyre retailers and garages.
The Lexus LF-30 Electrified concept first seen at last year’s Tokyo Motor Show was a highlight of the car maker’s streamed press conference during the cancelled Geneva International Motor Show 2020’s Virtual Press Day last Tuesday. The concept car, which celebrates the brand’s 30th anniversary and is designed to promise a dynamic driving experience like no other, sits on four bespoke Goodyear concept tyres.
February’s car registration figures were released as the SMMT calls on the Chancellor to use next week’s Budget to announce bold new measures to make new-tech zero emission-capable cars, including plug-in hybrids, more affordable for mass-market buyers. In 2020, manufacturers will bring more than 23 new battery-electric and ten plug-in hybrid electric cars to the UK to add to the more than 65 already on sale, but take-up of these new models depends on affordability and the provision of adequate charging infrastructure.