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A little less than a year ago, Richard Hammond was able to escape death during a hillclimb event that took place in Hemberg, Switzerlnad. Here, he flipped the Rimac Concept One, and it rolled over several times. Hammond was able to get out of the car before burst into flames, suffering some injuries. Today, the guy is is perfect shape.
It might have been a stressful couple of months for The Hamster and the guys from The Grand Tour. But in contrary, Croatian electric hypercar vehicle, Rimac, was able to sell three cars that exact same day, according to Kreso Coric, their head of sales. He added that it was actually the “best marketing ever”.
Despite saying that, Coric admitted that he was concerned about the aftermath of the horrible crash. He stated that he was scared because the accident was a pretty serious one, and that it could have ended in a different way, and that would affect more people, and their brand.Read the entire article Rimac sold 3 cars the day Richard Hammond flipped the Concept One
Social Capital CEO Chamath Palihapitiya has presumed the entire (BMW 3 Series) business will “go to zero” judging by the number of pre-orders made for Tesla Model 3. Appearing on CNBC’s Fast Money Half Time Report, Palihapitiya claims that orders for the 3 Series are already being hit significantly by Tesla’s more affordable EV, adding that people do not know anything about the level of demand surrounding the popular Tesla Model. Adam Jones of Morgan Stanley has opposed the claim, citing both political and international contexts to the businesses.
Palihapitiya is a former member of Facebook’s senior executive team and has just attended the 2017 Delivering Alpha conference in New York last September 12. Earlier this week, the investment analyst pointed out there is not one person in his right mind who would choose BMW 3 Series over Tesla.
Despite this, BMW i3 has received a makeover in the hopes of competing with Tesla’s long ranging, lower priced sedan. The revamped i3 will be featuring a host of optional driver assistance technologies including adaptive cruise control though we know it won’t make the range any better. Like before, the i3 can only run up to 160 kilometers per charge plus it comes with an extended range of about 290 km. In contrast, the Tesla Model 3 boasts a range that goes somewhere between 350km and 500km.Read the entire article Investment analyst foresees Tesla Model 3 market domination over BMW 3 Series
After a number of failed attempts, Tesla finally gets an Arizona dealership license by winning a court battle that allows them to sell directly to consumers. The automotive dealer license is a standard license traditional automotive dealerships are required to hold in order to sell vehicles.
Late last year, the DMV issued a dealer license to Tesla, which had only been approved last week after a Maricopa County administrative law judge confirmed that the process for blocking such a license from the Arizona Department of Transportation did not apply to Tesla in the first place.
After claiming the license, the electric automaker will now be able to conduct test drives and sell vehicles out of their service centers and the gallery they are currently operating in Phoenix.Read the entire article Tesla has been granted dealership license in Arizona to sell its vehicles
Herbert Diess, Volkswagen brand chief, revealed the VW's future plan for the next decade at the press conference in Volkswagen's "Markenhochhaus", the totally rebuilt brick tower at the Wolfsburg factory. Hoping to put the "Dieselgate" scandal behind them, the German automaker is planning a new vision for the company. The plan? Plain and simple, VW will put their efforts into manufacturing more SUVs and EVs. Now that's what we call a solid plan.
The aftermath of the Dieselgate is somehow still felt and the German automaker is making an effort to make us forget the TDI ever happened. Around November of 2016, VW disclosed that they will make the largest change process in VW's history and is now announcing that they are seeking to become the world's leading automotive market when it comes to e-mobility.
This is a strong statement coming from the German company, and VW has a 20/20 vision on how they will execute their plan- by selling no less than 1 million electric cars every year by 2025. This plan will ensue in 2020, when the VW's first ever electric vehicle from the I.D. range will be released to the public. Three more vehicles will join the line-up in the next 5 years, following the Zwickau-produced unit.Read the entire article VW aims to become e-mobility leader, sets goal to sell 1 million EVs annually by 2025
India is working towards a sustainable future by selling only electric vehicles by 2030. As the Indian government is looking to manage its current pollution and environmental issues, Piyush Goyal, India’s minister for renewable energy said that they will be introducing electric vehicles in such a big way. In this regard, the minister also cited an example about the Indian government’s ongoing initiative in reducing the use of energy through LED lights.
In the hopes to completely get rid of vehicles with internal combustion engines, the government is considering innovative ways in encouraging consumers to buy an EV without the necessary subsidies. In spite of these, Goyal also made it clear that they have not finalized anything so far.
The minister however proposed that consumers could buy EVs with no down payment. Instead, people could pay for the vehicle’s cost by installment based on the savings they get out of petroleum. This type of payment scheme is the same to what the Indian government has already attained via the Domestic Efficient Lighting Programme. Under this strategy, the energy efficiency firms were tasked to sell their LED lamps at a fraction of the current price in the market. The homeowners will then pay for the total amount by installment through their monthly electric bills.Read the entire article India plans to go fully electric by 2030
They say that when the going gets tough, the tough get going. That’s what Harvey Payne did with his Chevrolet Bolt. Ever since he bought it, it had been experiencing a number of issues and had to be constantly brought to the shop. Hailing from California, Payne did what few people would probably do and that is ask the automaker for a buyback.
In order to drive his point home, he made a 20-minute video revealing what has been happening and posted it on video-sharing site YouTube.
According to him, he had just recently received the Bolt from delivery when it started showing the “service vehicle soon” light. He immediately took it to his local Chevrolet dealer and not surprisingly, said light went away. Since the dealership was unable to reproduce this particular issue, it returned the vehicle to Payne. After that the light returned and it was not alone.Read the entire article Chevrolet Bolt owner asks for buyback and GM says yes
When Porsche unveiled the Mission E Concept at the 2015 Frankfurt Motor Show, many have been left excited by the prospect of seeing and driving the carmaker’s first all-electric sports car. But, would sports car buyers still be excited to get a piece of the production version of the Mission E when it finally arrives in 2019?
It seems Porsche chief executive Oliver Blume is confident that the Mission E would attract a good number of buyers. As for the figure, Blume told Automobilwoche that he expects a huge demand for Porsche’s first all-electric pegged at a “calculated” number of 20,000 examples.
That would mean that the Mission E would be nearly as popular and nearly as sensational as Porsche’s best-seller – the 911. In 2015, Porsche delivers over 31,000 units of the 911 around the world, over 8,000 examples of which were turned over to their new owners in the United States. Delivering 20,000 units of the Mission E worldwide would be an ambitious objective for Porsche, at least for now.Read the entire article Porsche expects Mission E to be a top-seller, 718 Boxster electric could be possible
Sustainable mobility has been the battle-cry of the BMW Group since it launched BMW i three years ago in November 2013. Since then, the BMW Group has been relentless in delivering electrified vehicles on the road, including purely electric-powered cars and plug-in hybrids. In fact, as the German carmaker has disclosed, it has already delivered around 100,000 of these non-conventional vehicles to customers around the globe.
These deliveries are a testament to BMW Group’s role as a pioneer of innovation and technology. Since its establishment, BMW i has been the center of BMW Group’s efforts to offer sustainable vehicles – including purely electric-powered cars and plug-in hybrids -- to global customers. For the past three years, more than 60,000 units of the BMW i3 have been sold to discerning buyers, earning this car the recognition as the most successful EV in the premium compact segment. BMW commenced sales of the BMW i8 in mid-2014.
Since then, BMW Group has sold over 10,000 units of the BMW i8, making this offering the best-selling electrified sports cars. In addition, BMW Group has delivered around 30,000 plug-in hybrid vehicles – now sold under the BMW iPerformance label – so far. Thus, in total, BMW Group has effectively sold around 100,000 electrified offerings worldwide.Read the entire article BMW celebrates milestone of 100,000 EVs sold, confirms arrival of X3 EV
In the recent months following Tesla’s announcement of its newest EV, the Model 3, the automaker has received hundreds of thousands of reservations. For only $1,000, customers are able to secure for themselves one unit of Tesla’s most affordable car. The Model 3 can cruise 215 miles in a single charge and can sprint from 0 to 60 mph in less than 6 seconds. It has by far achieved high ratings in every safety category and it is also equipped with an autopilot option. The Model 3 is due for production and will be delivered to its owners by 2017.
What makes the Model 3 the best choice for those who are looking for a more environment friendly alternative is that it doesn’t cost as much as the other Tesla EV models. The Model 3 is the most affordable choice among Tesla’s hoard of EVs at only $35,000 compared to the other models which cost almost twice its base price. Apparently, the Model 3 is just the way to go for those who want the best but at a reasonable price.
But it seems like Tesla’s decided on making a new offer just before the Model 3 hits production (and distribution). It’s quite confusing for some of us but there are reports that Tesla is currently convincing Model 3 reservation holders to change their minds and consider the Model S base model instead. Wait, what?Read the entire article Tesla attempts to convince prospective Model 3 buyers to switch to Model S instead
In a historic event for electric car manufacturer Detroit Electric, its first production-specification sports car SP:01 was exported to China directly from its UK assembly line. This marks Detroit Electric’s first foray into the Asian market. Jowett Motors (Asia) Ltd, Detroit Electric’s new importer for the Chinese market received the first SP:01 pure electric vehicle during a ceremony at the Detroit Electric’s Leamington Spa, UK main assembly plant.
During the turnover ceremony, Detroit Electric Head of Engineering Ben Boycott handed over the new white SP:01 to Jowett Motors Chairman Dr Richard Lee. The new car is planned to be used as a demonstrator car to accommodate numerous requests from prospective customers whose interests were piqued when the SP:01 was shown in the Auto Shanghai 2015. The first SP:01 handover fulfills the initial stages of Detroit Electric’s plan of penetrating the Asian region.
The next step for the company is to choose a distributor for the Japanese market. Detroit Electric Chairman and CEO Albert Lam said that they are proud to be able to partner with Jowett Motors. Jowett has an established and proven sales record in the Chinese market covering the exclusive and high performance sports car niche. Lam added that Jowett Motors’ interest to partner with Detroit Electric shows the importer’s confidence in the upcoming range of pure electric vehicles that Detroit Electric plans to produce full-scale soon.Read the entire article Detroit Electric ships first electric SP:01 sports car to China – marks start of Asian expansion
General Motors’ sales for electrified products have not met expectations and so the automaker will not be able to meet its target of having 500,000 of these vehicles in the U.S. by 2017. In GM’s annual sustainability report, GM said that the factors that affected its poor sales are cheaper gasoline prices and a “surge” in the number of models that other automakers are offering.
These had an impact on GM’s sales of its electrified products like plug-in hybrids, pure electric vehicles and vehicles with the eAssist system that improves fuel economy in cars powered by gas by up to 25%. In the 2014 report that was released last Thursday, GM said that it is “committed to electrification” but the demand for its electrified vehicles has not kept up with its initial projections.
The automaker said that U.S. roads last year had 180,834 electrified GM vehicles – an improvement from the record set in 2003 of 153,034. The 2017 target was outlined by GM CEO Mary Barra in November 2012 when she was the brand’s global product chief. Back then, Barra said that the eAssist system is targeted to be on "hundreds of thousands" of cars annually by 2017.Read the entire article GM will miss goal of selling 500,000 EVs in the U.S. by 2017
Even as Nissan is investing to advance EV technology, Nissan CEO Carlos Ghosn believes that the obstacle to increasing sales of the electric Leaf is the need for a bigger public battery-charging network in the U.S. Despite these challenges, Ghosn is confident that Leaf sales in the U.S. can reach 50,000 units a year, a marked increase from the 30,000 units sold last year.
Ghosn said that the automaker is working toward the initial phase of factory capacity for battery modules, built at its Smyrna, Tenn., assembly plant. At the New York auto show, Ghosn was asked if Leaf sales will be able to support Nissan's U.S. investment in EV battery manufacturing.
He replied that a sales volume of 50,000 EVs in North America is well within its capacity. However, he is adamant that there should be additional investment in EV-charging facilities from governments and public-private initiatives.Read the entire article Nissan CEO expects 50,000 Leaf sales per year, cites need for charging infrastructure
As more automakers expand their lineup of plug-in hybrids, it’s likely that sales of plug-ins will soon exceed that of full-electric vehicles in Europe. In 2014, there were more deliveries of the full-electric units than plug-ins. Industry association ACEA said that last year, 58,244 battery-powered vehicles were sold in the EU and EFTA markets, standing for a 73% increase.
Meanwhile, the volume for plug-ins and extended-range vehicles increased by 26% to 39,547 units. The best-selling EV in 2014 in Europe was the Nissan Leaf, with a 38% increase from the year before to 15,134 units, according to a JATO Dynamics report.
The top-selling plug-in hybrid in the region was the Mitsubishi Outlander PHEV with a 141% increase in sales to 19,855 units. Norway was the biggest market for EVs last year, with a 130% increase in sales to 18,090. Coming in second is France with a 20% increase to 10,561 units sold.Read the entire article Europe sales of plug-ins are predicted to surpass full-electric vehicles
With the price of the gasoline on the decline, electric vehicles may become harder to sell, remarked Ian Robertson, chief of sales and marketing at BMW. The German company is one of the carmakers planning to build plug-in versions of its models. “There are some short-term changes that will occur in some countries,” Robertson remarked, adding the cheaper gasoline would make bigger-engine vehicle easier to sell.
With US pumping at the fastest rate in over three decades and the Organization of Petroleum Exporting Countries refusing to reduce supply, oil prices have dropped 40 percent in the past 12 months. This has prompted car buyers to shift from pricier hybrid or electric vehicles to bigger models powered by conventional engines.
In fact, sales of hybrid and electric cars in US dropped 3.7 percent in 2014 to 570,475 units, according to the Electric Drive Transportation Association. But that failed to faze carmakers, which are very much concern about meeting legislations that veer towards a zero-emission future.Read the entire article EVs may be hard to sell over cheaper gasoline, says BMW exec
Sales of the Nissan Leaf are expected to surge 25 percent in Europe this year and another double digits in 2015, according to Nissan Europe's electric cars director, Jean-Pierre Diernaz. The Leaf is currently the best-selling electric vehicle in Europe with sales of 12,655 units in the first 10 months of 2014 for a 40-percent jump, according to data from JATO Dynamics.
The strong gains are attributed to lower sticker prices and leasing rates since Nissan launched the Leaf in Europe in 2010. Diernaz told Automotive News Europe that said the average lease rate for the Leaf in Europe has fallen to around EUR250 a month from EUR400 in 2010. In fact, the Leaf can be leased in France for just EUR169 a month once government incentives are counted.
The Leaf is also heavily discounted in some markets. For instance, Nissan is offering a Leaf Visia in the United Kingdom at GBP18,290 following a price cut of GBP3,200 (EUR4,066) – which means that it has a tag similar to compact cars such the Volkswagen Golf and Ford Focus.Read the entire article Nissan expects double-digit surge in Leaf sales in Europe
Germany will have to offer more incentives to achieve a goal of having 1 million electric cars on its streets by the end of the decade, according to Chancellor Angela Merkel. She remarked that further subsidies are necessary to achieve her bid to have 1 million EVs plying German roads by 2020.
She, however, is nowhere near that goal partly since government is hesitant to offer incentives similar to what France has been granted to its EV buyers. The incentives in France have led to sales of 14,400 EVs in 2013, while demand in Germany last year was just at around 7,600.
Matthias Wissmann, president of German auto-industry lobby VDA, noted that EV sales have surged 68 percent so far this year, Germany is yet far from being a “leading market for electromobility." He remarked that the German government needs to act" to stimulate by providing corporate tax breaks for electric cars.Read the entire article Germany needs to offer more incentives to achieve EV volume target of 1 million cars
According to the latest reports, Tesla Motors is now developing a program to sell second-hand Model S vehicles. Apparently, there are some good reasons for doing this: drop the cost of the $71,000 electric sedan and developing a certified pre-owned program in order to better compete with similar-sized models offered BMW or Mercedes-Benz.
For those who don’t know, back in 2013 Elon Musk a.k.a. company’s CEO reassured customers about the guaranteed resale value of the Model S. Buyers who financed a Model S are able to return the car after three years and still recover between 43 to 50 percent of its original price tag. Musk said that even if Tesla is not able to honor the buyback guarantee, he will personally do it.
So, if the owners are interested about his offer, this means that the company will have a hefty number of used Model S sedans by 2016 and many more in 2017. Tesla offers business leases since April but quietly started to offer 36-month Model S leases to retail customers last week, on October 1.Read the entire article Tesla developing an used-car program to sell second-hand Model S EVs
As part of its target of having 1 million electrified vehicles on its roads by 2020, Germany will offer drivers of battery-powered cars, fuel cell vehicles and some plug-in hybrids certain privileges like parking and the right to use bus lanes. The Environment Ministry said in a statement that a bill enabling municipalities to offer such privileges have receiving the backing of the German cabinet.
Transport Minister Alexander Dobrindt said in the statement that EVs will have their own labels to make them recognizable to everyone. The statement also said that hybrids that emit less than 50 grams of carbon dioxide per kilometer or have an electric range of more than 30 kilometers (18.6 miles) are eligible for the benefits, which would take effect in spring 2015.
The target of selling 1 million EVs by the end of the decade is aimed at highlighting German’s auto-making prowess and at cutting greenhouse gas emissions to achieve climate-protection goals. The amount of carbon dioxide emitted by vehicles has dropped from 161 million tons of carbon dioxide in 2001 to 140 million metric tons in 2012.Read the entire article Germany to offer privileges to buyers of electrified vehicles
Around two-fifths of the rechargeable cars in the United States were sold in California during the period December 2010 to August 2014, according to the California Plug-In Electric Vehicle Collaborative, citing figures from the California Air Resources Board, Hybridcars.com and Baum & Associates.
During the period, California drivers acquired 102,440 hybrid and battery-only – roughly 40 percent of the total 250,000 rechargeable cars sold in the US, according to industry researcher Baum. Since 1970s, California has been urging carmakers to offer vehicles with lower tailpipe emissions in order to reduce smog and uplift the state’s air quality.
The state in 2009 established more stringent standards requiring cars emitting less carbon pollution under its Zero-Emission Vehicle program. The standards have prompted carmakers like General Motors Co., Ford Motor Co., Nissan Motor Co. and Tesla Motors Inc. to develop and produce a new generation of plug-in models.Read the entire article California accounts for 40% of rechargeable cars sold in the US
Finally, 50,000 Nissan LEAFs has been sold in the United States, making the nameplate the first pure electric vehicle to achieve the milestone in the country. The 50,000th leaf were purchased by Dallas residents Todd and Lisa Bolt, with the family taking the delivery of their black LEAF SL this month at AutoNation Nissan of Lewisville.
The city of Dallas as well as the state of Texas has been becoming a hot beds for the Nissan LEAF, thanks to owner advocates and strong public charging infrastructure, as well as to the carmaker’s free charging promotion.
For the first four months of 2014, Nissan saw sales of the LEAF surged by around 50 percent in the Dallas-Fort Worth metroplex compared to the same period last year. Nissan is expected to post further growth in LEAF sales in the area thanks partly to a new state tax rebate of up to $2,500 on the purchase or lease of a new unit.Read the entire article Nissan reaches 50,000 LEAF sales milestone in the US
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