EVs and hybrids hit a record high in US sales in Q3 2024
EV and hybrid sales are steadily increasing in the US, reaching an all-time high in Q3 2024, according to the US Energy Information Administration (EIA).
Expand Expanding CloseEV and hybrid sales are steadily increasing in the US, reaching an all-time high in Q3 2024, according to the US Energy Information Administration (EIA).
Expand Expanding CloseTesla maintains an 87% brand retention rate, with Lexus (68%) and Toyota (54%) trailing, according to a new Bloomberg Intelligence survey.
Expand Expanding CloseA new report by the European Commission adds yet another real-world data point showing that plug-in hybrid electric vehicles create much more emissions than we previously thought – by an average of 3.5 times as much as lab testing indicates.
Expand Expanding CloseHonda invited us out to its US R&D Center in Torrance, California to drive the new fuel cell plug-in hybrid version of the CR-V, which gets released later this year. Is this first-ever hybrid between a battery EV and fuel cell EV the future of electric cars?
Expand Expanding ClosePlug-in hybrids pollute up to three times more than advertised, even when fully charged, and emit five to seven times as much CO2 when the engine is running, according to a new study commissioned by Belgian NGO Transport & Environment and conducted by the University of Technology in Graz, Austria.
Expand Expanding ClosePlug-in hybrids use far more gasoline in the real world than regulatory agencies account for, according to a new analysis of data by the International Council on Clean Transportation, the research group that broke the Volkswagen dieselgate scandal.
Expand Expanding CloseMany 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.
BMW says that its electrification strategy is all about giving consumers the choice of a pure EV or plug-in hybrid. That should put pressure on BMW to push the envelope on all-electric range and overall fuel-efficiency of its plug-in hybrids. But that’s not the case.
Mercedes-Benz and BMW are adding a wide range of new plug-in hybrids as they strive to reduce CO2 emissions to meet stricter EU targets this year. Both companies said putting plug-in hybrids versions on more models would help reduce carbon emissions this year by 20%.
LMC Automotive, an analyst firm, predicts that plug-in hybrids will outsell EVs in Europe this year.
German automakers from BMW to Porsche are pulling their plug-in hybrids from sale in Europe after the change from the NEDC standard to the WLTP standard is resulting in them losing incentives.
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While the Toyota Prius has had its fair amount of success, the dazzling Prius Prime will aim to be the customer’s top choice for a plug-in hybrid with its attractive $27,100 price tag (before incentives) and very impressive 124 MPGe.
One of the most eye-catching elements of Toyota’s new Prius Prime may not be its Tesla-inspired center touchscreen, but a slightly concave rear window that channels air over the spoiler and was unnoticed during our first look.
Expand Expanding CloseI’ve hoped to see an electric Mini make it to market ever since BMW produced a few hundreds all-electric “MINI E” cars to test its electric drivetrain technology for what eventually became its “i” electric brand, but the vehicle never made it to a wide release.
Now although not fully electric, we should “pretty soon” see the first electric vehicle from BMW’s popular Mini brand, according to a brand representative.
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Chrysler unveiled at the Detroit Auto Show today the new 2017 Pacifica minivan with an option for a plug-in hybrid drivetrain. The “Pacifica Hybrid” is equipped with a 16 kWh battery pack which allows for an all-electric range of 30 miles, according to the automaker.
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Rinspeed announced that it will debut a plug-in hybrid sport car at CES next month. The company says the car, called “Ʃtos”, is based on the BMW i8 and comes with drone.
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Volkswagen announced today that the Golf GTE Sport plug-in hybrid will make its North American debut at the Los Angeles International Auto Show, which starts November 19. Although the vehicle is still only in its concept phase, considering the “Dieselgate” situation, some expect VW to accelerate its electric car projects in order to compensate for the recent scandal, which could lead to the potential commercialization of the GTE Sport.
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GM announced that the company will add a second shift and 1,200 jobs at its Detroit-Hamtramck assembly plant. GM builds 5 models on a single assembly line at Detroit-Hamtramck including the plug-in hybrids Chevrolet Volt and Cadillac ELR.
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This morning Volvo sent out a press release outlining its plan to introduce more electric vehicles in its lineup. The Swedish automaker plans to introduce plug-in hybrids in all its series of models, including a new compact category, but more importantly, it will bring to market its first all-electric car in 2019.
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Volkswagen’s new board of management issued a new statement this morning highligting its new strategy to come out of the emission scandal. CEO Dr. Herbert Diess about the announcement:
“The Volkswagen brand is repositioning itself for the future. We are becoming more efficient, we are giving our product range and our core technologies a new focus, and we are creating room for forward-looking technologies by speeding up the efficiency program.”
On top of obviously changing its diesel strategy to now comply with American and European standards, the company plans on making significant investments in electric vehicles.
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Jim Chanos is a famed billionaire hedge fund manager known for short selling companies. He is also a regular market commentator for CNBC and Bloomberg. Chanos recently disclosed having a short position on solar installer SolarCity (SCTY) and although he refused to disclose his position on Tesla Motors (TSLA), he doesn’t have good things to say about the company.
During an interview with Bloomberg on Monday morning, Chanos explained why he thinks both companies are overvalued, but the “facts” he used to support his opinion are misleading.
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The Netherlands is an excellent market for electric cars, it’s not quite Norway, but when adding plug-in hybrids it’s getting close. As for all-electric vehicles, Tesla’s Model S is by far the best-selling in the country based on registration data.
Tesla confirmed last week that it delivered 11,580 vehicles worldwide from July through September and based on registration data, the Netherlands contributed to ~3.5% of the total with 409 Model S’s during the third quarter.
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At the Frankfurt Motor Show this week Volkswagen introduced its first plug-in hybrid SUV: the Tiguan GTE. The German automaker revisited each trim of the gas-powered Tiguan and unveiled a new plug-in one, although unfortunately only as a “concept”.
The GTE is equipped with a 13 KWh lithium-ion high-voltage battery pack allowing for an all-electric range of 50 km (31 miles), then the direct-injection gas engine takes over.
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Transport Scotland announced earlier this month a new program to offer interest free loans of up to £50,000 for electric vehicles. The number of loans will be limited since the program is financed by a £2.5 million fund. The fund will close on 31 March 2016, applicants have until then to submit their loan requests.
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The results are in: the new 2016 Chevy Volt will get 53 miles of electric range on a charge of its new 18.4-kWh lithium-ion battery according to EPA numbers. That’s close to 40% more than the previous Volt’s 38 miles and a big psychological jump for buyers.
The typical American commute is around 48 minutes so adding those extra miles gets a lot more people home without using gas. Chevrolet expects many next-generation Volt owners will use power solely from their batteries for more than 90 percent of trips. Today, Volt owners use battery power on 80 percent of their trips.
The biggest turn off for me in the old Volt was the back seat which was split in half by the battery bar. The 2016 lowers the batteries so that a car seat or a passenger can straddle the bar which is worlds better for families.
That, and when you went to gas – like for long trips – you’d only get around 35 miles/gallon with the range extender. The next-generation Volt’s new 1.5L range-extender, designed to use regular unleaded fuel, offers a combined EPA-estimated fuel efficiency of 42 MPG. That’s very respectable but not yet on the same level as a Prius which typically sees 50+ mpg.
I think the new Volt is hitting new spec points that will make sense for a lot more buyers. It doesn’t have any range anxiety problems and it is getting pretty close to the range of the Nissan Leaf and BMW i3 (which also has a very small REX engine). Also, the faster acceleration, better back seat and sportier looks will draw new buyers along with the proliferation of EV charging points around the country.
The new EPA sticker is below:
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