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Hyundai Exports Fuel Cell Trucks To Europe
South Korea’s Hyundai Motor announced on July 6 that it has begun exporting commercial hydrogen fuel cell vehicles (FCVs) to Europe. The company shipped 10 trucks to Switzerland, and it plans to export 1,600 units by 2025 using a long-term lease contract system.
Akihiro Komuro Hyundai has set up a joint venture company to build a hydrogen infrastructure in Switzerland; it also plans to develop hydrogen stations and other infrastructure in cooperation with a local company. They plan to use Switzerland as a base for expanding their exports throughout Europe.
The South Korean government is also focusing on the spread of the hydrogen-based society and will appeal to the governments of other countries. The trucks exported this time will be used by the food distribution industry. The route for these trucks is fixed, making it easy to set up the infrastructure for refueling.
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National Grid Joins Switch-on Mode Team
Qin Fen In July, MIIT (Ministry of Industry and Information Technology summoned a meeting with local governments, industry associations and automotive companies on battery switch-on implementation. People attending offered thoughts on implementing battery switch-on operations, sharing recommendations for policy and discussing challenges of proposed actions.
Source: D1 EV Read The Article
PSR Analysis: Electric vehicle development is facing several different technology road…
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Autotor Plant To Suspend Assembly of BMW Cars
Autotor’s Kaliningrad plant plans to suspend assembly of BMW cars from the middle of June to the beginning of July because of a components shortage. This is told by CEO of the plant Ruslan Sadykov.
Stephen Teichert, head of BMW Russia, claims Autotor production capacity has been reduced by about 70%; however, in July the OEM plans to increase production to pre-COVID-19 level. Read The Article
PSR Analysis: The Autotor plant in Russia assembles passenger cars kits for BMW, Hyundai…
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Thoughts on Battery Change for New Energy Vehicle, using Big Data
Qin Fen The symposium of battery change mode for new energy vehicle was held June 15 in Xuzhou, Jiangsu. Data from National Big Data Alliance of New Energy Vehicles suggests that over 3 million new energy vehicles were in the system in 2019 and 900,000 vehicles are running daily. Data also suggest that new energy vehicle GVW range primarily falls under 4.5 tons.
Source: Sohu Read The Article
PSR Analysis: Many numbers are in the article, some contradictory. As one of the truck…
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The EV Story in Post-COVID Era
Roughly three months of countrywide lockdown, combined with zero sales and the post-pandemic uncertainty, has resulted in further degrading the health of the already struggling Indian automotive sector.
Aditya Kondejkar Though it has disrupted the entire value chain of the automobile industry, there is a silver lining to this Covid-19 pandemic: It has stimulated growth in renewable and eco-friendly transportation.
The Indian market has high potential for EVs since most commuters opt for two-wheelers, three-wheelers, and buses. There are numerous latent growth factors in place, and the pandemic might have set them in motion
While the pandemic has disrupted the transportation ecosystem, EV technology has the potential for rapid adoption, driven by an increased awareness towards a greener and cleaner transportation.
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SOUTHEAST ASIA REPORT: Southeast Asia Auto Sales Drop 80% in April
The Southeast Asian auto industry continues to suffer from the effects of the new coronavirus. New car sales in April were down 80% year-on-year due to restrictions on activity in each country. New car sales in the six major countries were down 82% in April from a year earlier to 51,063 units.
Akihito Komuro The biggest declines were in Malaysia and the Philippines, where sales were down 99.7% and 99.5%. Both countries began restricting activity in March, with production and sales of cars almost completely halted in April. Indonesia, the largest market, was down 91%. Thailand sales slumped 65%, although car dealerships operated under a declared state of emergency.
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Pandemic Disruptions Hinder Auto Battery Adoption
My other article in this month’s issue of PowerTALK News describes how home battery systems, even though they are not themselves viable products for most consumers, still benefit from a virtuous cycle of product improvement and investment because of the relative success of battery-powered vehicles and other battery-powered products.
Tyler Wiegert But the COVID-19 pandemic has not missed those drivers. Venture Beat magazine reports that investors are largely avoiding lithium this year, preferring to safeguard cash until the economy starts to improve. The delay in funding could have several knock-on effects.
One is consolidation in the industry. Ganfeng Lithium is picking up a lithium project from Lithium Americas, a smaller operation. Fewer, larger players in the market later on might have price consequences for lithium adoption after the economy improves and demand for those goods increases.
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South Korea: Hyundai and Kia Expand EV Models
According to the Hyundai Motor Group, both Hyundai and Kia plan to offer 44 eco-car models by 2025, more than half of which will be dedicated to EVs (23 models).
Akihito Komuro Hyundai revealed in its 2025 strategy announced at the end of last year that it would increase EV and FCV sales to 560,000 and 110,000 units respectively. Kia has set a goal of selling 500,000 EVs and 1 million eco-cars by 2026, with 11 EV models available across all vehicle classes by 2025.
Source: …
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Russia: Assembly of Electric GAZelle LCVs Started in Germany
Sales of electric version of GAZelle Next LCV have begun in Germany. Stuttgart company EFA-S is modifying Russian vehicles. The assembly started this year.
Maxim Sakov The German company purchases LCVs in Russia without transmission, engine and fuel system. Then in Stuttgart they install an electric motor and battery.
Currently, four versions of the electric vehicle are available – a side truck, a wagon, a 2-cabin wagon and a mini-bus. All LCVs are powered by a 110 kWt electric motor and can reach a speed of 88 km/hour.
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Russia Automakers To Receive Special Credits
Twelve automakers in Russia are counting on privileged credits for working capital support of backbone enterprises during the COVID struggle.
Maxim Sakov Under the program, a company must have revenue of US$300 million (20 billion rubles) and employ more than 1000 people. A special bank product has been designed for such companies. The bank interest on this credit will be subsidized within the base interest rate of Russian Central Bank, and half of the credit will be warranted by the Ministry of Finances. Read The Article
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