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Vinfast has announced plans to export approximately 5,000 EVs to the U.S., Canada, and Europe by the end of 2022. This is the first time for them to export EVs. The company also plans to start construction of a new EV plant in the U.S. by the end of this year, accelerating its global strategy.
According to the plan, exports to the U.S. and other countries will begin in early November, with delivery to customers starting in December. Vinfast’s CEO revealed that the company has orders for approximately 65,000 EVs worldwide.
Like it did with passenger EV rebates in December, Germany has decided to pull the plug on subsidy programs for electric semi-trucks and city buses. What happens to the nation’s commercial EV market now?
When the German government established the funding program for climate-friendly commercial trucks in 2021, the subsidies were seen as a highly effective tool to drive up demand for electric vehicles in the medium- and heavy-duty truck markets.
April 21, 2020–After four weeks of lockdown, some European countries are slowly lifting restrictions, allowing industrial production and some commercial operations to restart, and restoring some freedoms to their citizens.
In Italy, this week represents a key moment as some industries can resume production. Agricultural and Lawn&Garden OEMs can reopen their factories, although respecting strict regulations that will reduce factory capacity. The same is happening in Spain starting April 13, with all segments resuming work, but with differences across regions. Moreover, many OEMs were not able to meet the new working regulations and could not resume production.
Eletra started converting Trucks and Buses from 3.5 to 54 Tons for the range of 50km to 150km by replacing the actual Powertrain (ICE, Transmission, Axels,) and suspension with batteries, electric drive and new suspension. The main benefits for the approach is to provide 30% less cost than a new Electric Truck and shorten the timing to meet sustainability targets, since the retrofit is done quickly. Companies like Ambev (AB-Inbev) announced 102 trucks retrofitted with Eletra.
After months of investigation, the European Commission says it has found evidence that China has been “unfairly” subsidizing the EVs it exports to Europe. Possible “remedies” on the table include retroactive tariffs on Chinese EVs.
PSR Analysis: This article was mentioned in previous issues of the Alternative Power Report and now that the EU has found its evidence, we can expect tariffs to be raised, especially as the European car market continues to flounder. PSR
Guy Youngs is Forecast & Adoption Leadat Power Systems Research
The Ministry of Economy, Trade and Industry (METI) now requires shippers that transport a large volume of freight to set a target of using 5% electric light-duty trucks by FY2030, which includes EVs and fuel cell vehicles (CVs), but not hybrids.
They will also be required to submit periodic reports on their progress toward this target. If the efforts are significantly inadequate, the committee can make recommendations to shippers and publicly announce the names of the companies involved.
Of the 800 major manufacturers, retailers, and other companies with large annual transportation volumes, those that are also involved in their own transportation or those that request exclusive transportation from a specific company are eligible for the program.
PSR Analysis: The fact that hybrids are not included in this goal effectively means that the next-generation development of light-duty trucks has been narrowed down to BEVs or FCVs. However, FCVs still lack hydrogen stations, and the construction cost of hydrogen stations is higher than that of EV charging stations, so the shift to EVs will be promoted first. Light-duty trucks are numerous and can be said to be the artery of domestic logistics. With about seven years to go until 2030, the number of vehicles that will be replaced by EVs will increase every year. PSR
Akihiro Komuro is Research Analyst, Far East and Southeast Asia, for Power Systems Research
Recycling lithium-ion batteries is extremely important, as these batteries contain valuable metals such as cobalt, copper, and lithium that can be recovered and reused. By recycling these metals, we can reduce our reliance on mining and extractive activities that aren’t free or even cheap.
Li-Cycle (a recycling company) and Glencore (a mining company) have partnered to do something significant in this space. The proposed “Portovesme Hub” would focus on producing essential battery materials like cobalt, lithium, and nickel by recycling used battery content. A letter of intent has been signed to commence the preliminary discussions.
PSR Analysis: This facility can’t take care of Europe’s full battery recycling needs, but the research and development of mass recycling processes sets the stage for future facilities that will take care of the rest of the needs. So, this announcement is both good for the near-term and the long-term future. PSR
Guy Youngs is Forecast & Adoption Leadat Power Systems Research
Regulation (EU) 2020/1040 to amend Regulation (EU) 2016/1628 on Stage V emissions for non-road mobile machinery (NRMM) was published July 17 in the Official Journal of the European Union.
This final step of the legislative process confirms that the 12-month extension of certain transitional provisions is officially EU law and is applicable retroactively from July 1, 2020.
This amendment to the Stage V Regulation extends by 12 months the June 30, 2020, and December31, 2020, deadlines for the production and placing on the market of NRMM and tractors fitted with transition engines <56kW and ≥130kW.
With a capacity of 53 passengers, Marcopolo’s model, the Audace Fuel Cell, is a road unit. The version of the product made in China that has been exhibited and already approved for Europe, carries the cylinders in the luggage rack. Kent Phang, the Sales Director of Allenbus, partner of Marcopolo on the FC vehicle, says there is also an option to place the hydrogen cylinders over the body. With four cylinders, the vehicle exceeds 500 kilometers, according to the company. With six cylinders it is possible to reach 900 kilometers.
This year, the show drew more than 26,500 people from around the world. The indoor exhibit floor and the Outdoor Demonstration Area covered 24,000 net sq. ft. more than last year.
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