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Teslas have both the highest and lowest 5-year depreciation among EVs with the Model S claiming the highest and Model 3 the lowest. According to an iSeeCars study, electric vehicles are the worst in terms of holding value, while hybrids and pickup trucks are the best at retaining value over a 5-year period. iSeeCars stated: Electric vehicles are the worst segment at holding their value, losing 49.1 percent in five years. Trucks and hybrids retain the most value, losing only 35 and 37 percent, respectively. On the plus side for EVs is that, back in 2019, electric vehicles lost an…
Polestar didn’t come to play. Sure, the electric performance brand just had to adjust investor expectations amid uneven global EV demand. But if its inaugural Polestar Day event is any indication, the nascent company has some very big plans that go well beyond the cars it’s making now – and well beyond cars altogether, in fact. While a lot of EV manufacturers seem to be facing tough headwinds lately – some worse than others, certainly – the electric Volvo cousin has still had a lot of victories to celebrate. Deliveries are up, revenue is up, costs are down and the…
If you happen to own a Lucid Air, you’ll soon be able to charge other EVs with your car’s stored battery power. This is all thanks to the introduction of Lucid’s new vehicle-to-vehicle (V2V) feature with a catchy name: “RangeXchange.” After receiving the latest over-the-air update, all existing Lucid vehicles will be able to use the car’s bi-directional onboard charger and the new RangeXchange adapter to charge other vehicles – even those built by other automakers – at speeds of up to 9.6 kW. This means transferring power capable of driving other EVs between 24 and 40 miles in just…
Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! One of the most common refrains from the anti-EV crowd revolves around the idea that pulling the raw materials necessary to produce an electric car’s battery out of the ground is dirty and carbon-intensive. While that’s true in some contexts, it overlooks the fundamental manufacturing advantage that EVs have over ICE vehicles: their raw materials can be recycled. One of the leading innovators in the battery recycling space is RecycLiCo, a Canadian company that has patented a unique process to recycle and upcycle 99%…
The electric vehicle brand Polestar has announced that it plans to make the first EV with extremely fast-charging, semi-solid-state battery cells from the tech firm StoreDot. The announcement was made as part of a Polestar Day event held in Los Angeles on Thursday, where the companies demonstrated both the charging of StoreDot’s “100-in-5” XFC cell as well as a prototype Polestar battery module incorporating the cells, which combine layered aspects of solid-state and liquid lithium-ion batteries. StoreDot semi-solid-state batteries for Polestar Those cells, according to StoreDot, can be charged to recover 100 miles of range in just five minutes, with…
We’re on the ground at Polestar Day in Santa Monica, where Polestar is going over its technology strategy for media, investors and owners, with several new announcements and a chance for ride-alongs in their upcoming Polestar 3 and 4 vehicles. more… The post Polestar Day news hub: new Korea factory, 350kW DC, V2G, Autonomy appeared first on Electrek. Source link
The BMW i3 is returning. Hyundai is working on its own LFP batteries. And GM wants to do away with rare-earth materials in motors. This and more, here at Green Car Reports. General Motors earlier this week announced a partnership that it hopes will produce permanent-magnet EV motors without rare-earth materials—and their controversial sourcing ethics and supply chain. It’s worth noting that GM invented the rare-earth permanent magnet as we know it. Hyundai is reportedly in the midst of developing a new generation of lithium iron phosphate (LFP) battery cells for future affordable EVs. According to a report, the automaker…
Nearly 40 years ago, General Motors invented the rare-earth magnet and thus laid the foundation for modern electric motors. But now the automaker is moving on to a different technology. GM recently announced a partnership with Niron Magnetics, a Minnesota-based company that claims to have developed automotive-grade permanent-magnet motors without the rare-earth materials used in current designs. Motor family for GM Ultium-based EVs Instead of rare-earth materials, Niron’s tech is based on iron nitride, which GM in a press release calls “an abundant and affordable material.” It also provides an opportunity to further localize the EV supply chain in North…
Volkswagen Group’s electric car factory in Zwickau, Germany will have to pause production of some of the MEB-based models. According to Freie Presse (via Electrive) and Automotive News Europe, the company’s largest EV factory was negatively affected by an insufficient supply of the all-new APP550 electric motors from the Kassel plant. The new motors were introduced earlier this year and fitted to a number of MEB-based models, bringing more power and torque – respectively 210 kilowatts and 550 Newton-meters – and higher efficiency compared to the previous model, which was rated at 150 kW and 310 Nm. According to the…
The BMW i3 electric car will get a successor, but without the “polarizing design” of the original, the automaker’s development boss said in a recent interview with Automotive News. “A lot of people liked it, but in the eyes of others the i3 was not a real BMW. A bit of an outsider in the classroom if you will,” Frank Weber said of the original i3, a small hatchback that was BMW’s first mass-market EV. “We will not repeat this form.” 2020 BMW i3 Launched in 2013 in both all-electric and range-extended i3 REx forms, the i3 indeed had unorthodox…