MARKET NEWS
Hyundai to launch $5.5 bln U.S. EV plant, as new law dims sales outlook Link
Citroën boss calls for tariffs on Chinese EVs, saying that middle classes are being priced out of the market Link
Mullen unveils $12K I-Go urban delivery EV for Europe Link
Lithium miner to create US-listed company as shortages hit EVs as Australian-listed European Lithium will merge with Sizzle Acquisition Link
Warwick University given £1m towards electric car research Link
Ford to end production of Fiesta cars as it increases range of EVs Link
Chinese electric carmakers take on Europe, as BYD, Great Wall and Nio announce big growth plans Link
Inside the world’s first affordable solar-powered electric vehicle: The $25,000 Sono Motors Sion Link
RELEVANT ARTICLES
The Financial Times - Why Sony wants to win over Tesla despite Honda tie-up Link
There was much hype in Japan when two of the country’s greatest companies, Sony and Honda, revealed they would develop an EV together. It’s been confirmed that their first EV will be sold online in the US and Japan in 2026 (18 years after Tesla’s first EV was launched). This situation draws parallels with when Sony was outsmarted by Apple and it’s argued it could be a distraction from the pivotal moment of Sony becoming a fully integrated entertainment company. It doesn’t really matter whether the EV they make is a bestseller or not, but whether its future client list is good enough.
Wall Street Journal - Are Electric Cars Actually the Future? Link
Cars should not be the future. Our system of roads and private vehicles is not sustainable, no matter how efficiently we fuel our cars. Electric cars may be a step toward sustainability, but at a certain point we must accept that cars are an antiquated means of transportation. Cars need to be replaced with robust public transportation. Buses, trains and trolleys take up less space and are cheaper and more efficient, not to mention safer, than cars. Subway trains don’t spend the majority of time parked in driveways. They are always moving and benefiting the general public. Without cars, and the parking lots they require, we could have greater density of businesses, housing and parks.
STATISTIC OF THE WEEK
Digg – EV charging stations in America, mapped Link
