What’s happening in EV? 9 June 2020

Hyundai has bigger market share for EVs than combustion cars

Internal-combustion vehicles made by Hyundai-Kia represented 8.9% of the global market in the first quarter of 2020. But the EVs it sells were 9.9% of the global electric-vehicle market. In other words, Hyundai could be the first legacy automaker that is now more competitive on EVs than with its gas- and diesel-powered cars.

UK drivers may get £6K taxpayer-funded incentive to switch to electric cars

The British government is considering offering drivers up to £6,000 to swap their ICE cars for electric vehicles ahead of a plan to relaunch the economy. Prime Minister Boris Johnson is expected to make his economic stimulus speech on July 6.

Tesla to get new million-mile battery ready for production at CATL

Contemporary Amperex Technology Co. Limited, a Chinese battery manufacturer and technology company founded in 2011 that specialises in the manufacturing of lithium-ion batteries for electric vehicles announced that it is ready to produce the new million-mile battery and Tesla’s Model 3 made at Gigafactory Shanghai is reportedly going to be first to get the new battery.

MG Motor, Tata Power in pact for EV charging stations

MG Motor India Pvt Ltd has signed a memorandum of understanding (MoU) with Tata Power Ltd to set up fast chargers for electric vehicles at select dealerships of the passenger vehicle manufacturer.

World’s largest commercial electric airplane flown for 30 minutes, can go 100 miles

A milestone in the quest to develop electric commercial aircraft occurred last week. The world’s largest commercial electric airplane took to the skies, flying for 30 minutes over Moses Lake, Washington.

The plane, a modified Cessna Caravan that normally seats nine people, was the product of two Seattle-area aviation companies, according to The Seattle Times. Startup MagniX supplied the electric motor, while AeroTEC, an aerospace engineering and certification company, modified the Cessna.

What if EV credits could be exchanged between drivers? Beijing tries it

Tesla made about $354 million in Q1 2020 by selling regulatory credits. Fiat Chrysler and General Motors, among others, buy billions of dollars in CO2 credits a year to avoid paying fines. What if a similar credit system to get individuals to drive an electric car, or avoid driving altogether, were put in place? That is what the Beijing Environmental Exchange launched today.

Carbon emissions allowances are usually traded by companies. But the Beijing exchange’s mobile app allows individual car owners to create an account and accumulate credits.

Germany requires all gas stations to provide EV charging

As part of Germany’s new increased electric-vehicle incentive package, the country will require gas stations to offer EV charging. Details about the plan are not yet known, such as the timeline and type of required chargers. But EV advocates quickly praised the move as a boost to electric-car adoption.

Germany boosts EV incentives to ~$10,000, helping Tesla Model 3 and VW ID.3

Germany has increased electric vehicle incentives as part of their post-pandemic stimulus package. One measure is going to boost sales of lower-priced EVs like Tesla Model 3 and VW ID.3. The country already had an EV incentive plan that stood out in Europe.

Should plug-in hybrids be forced into EV mode in cities? Fiat tests the tech

Many automakers seeking to comply with stringent emissions rules are selling plug-in hybrids instead of pure electric vehicles. And yet there’s no guarantee that plug-in hybrid owners will regularly plug in. The answer could be a geofence system that automatically forces off the combustion engine when a plug-in hybrid enters a city zone. Fiat Chrysler announced today that it’s testing that technology in Turin, Italy.

New study: Every electric car brings $10,000 in life-saving benefits

EV drivers cite numerous reasons for ditching a gas car and buying an EV: lower operating costs, high resale values, quick and quiet acceleration, and mitigating climate change. But what’s more compelling than saving human lives?