12 Apr 2019 | Electric Planes, Electric Buses and Formula 1 Supremo Tips Electric Racing As The Future
Tesla Stock Falls After Report That Gigafactory Expansion Is On Hold | Tesla To Hold Q1 2019 Financial Results And Earnings Call On April 24 | Geely Launches Geometry EV Brand | Ballard To Power Ferry In Norway | Norway Aviation Firm Orders 60 All-Electric Airplanes | Harbour Air Switching To 100% Electric Seaplanes | Mercedes-Benz To Supply 56 Electric Urban Buses To Wiesbaden | Bernie Ecclestone Claims The Future Of Racing Is Electric | Audi E-Tron Sales In March
Show #441
Good morning, good afternoon and good evening wherever you are in the world, welcome to EV News Daily for Friday 12th April 2019. It’s Martyn Lee here and I’ve been through every EV story I could find today, and picked out the best ones to save you time.
Thank you to MYEV.com for helping make this show, they’ve built the first marketplace specifically for Electric Vehicles. It’s a totally free marketplace that simplifies the buying and selling process, and help you learn about EVs along the way too.
TESLA STOCK FALLS AFTER REPORT THAT GIGAFACTORY EXPANSION IS ON HOLD
- "Tesla Inc. shares on Thursday traded at their lowest in five sessions after a report said the Silicon Valley car maker and Panasonic Corp. have put on hold plans to expand the Nevada Gigafactory." reports Market Watch: "Demand for battery cells continues to outstrip supply, Tesla said.The two companies made their decisions due to concerns about weakening demand for Tesla vehicles, the Nikkei reported. A Tesla spokesperson told Nikkei Tesla “of course” would continue to make new investments in the Nevada factory as needed. Contrary to what the report implied, “demand for cells continues to outpace supply” and it remains “the fundamental constraint” on the production of Tesla vehicles and stationary energy-storage devices such the Tesla Powerwall and the Powerpack, the spokesperson said."
TESLA (TSLA) TO HOLD Q1 2019 FINANCIAL RESULTS AND EARNINGS CALL ON APRIL 24
- Simon at TEslarati has the scoop on the next results from Tesla: "Tesla (NASDAQ:TSLA) has announced that it would be posting its financial results for Q1 2019 after the market closes on Wednesday, April 24, 2019. The company would be issuing a brief advisory with a link to its Q1 2019 Update Letter, which will be accessible from Tesla’s Investor Relations website. A live Q&A session is set for 2:30 p.m. Pacific Time (5:30 p.m. Eastern Time) to discuss the electric car and energy company’s financial results and outlook."
- Teslarati notes that the call is earlier in the year than previous Q1 results calls: "While it remains to be seen if Tesla is conducting its early first-quarter earnings call due to positive news on profitability, all eyes will be on the company as it is expected to release some updates on a number of its ongoing and upcoming projects, including Gigafactory 3 in Shanghai, the $35,000 Standard Model 3, the Full Self-Driving suite, the Solar Roof, and updates on future products like the Tesla Pickup Truck and the Tesla Semi. "
https://www.teslarati.com/tesla-tsla-q1-2019-earnings-call-date/
GEELY LAUNCHES GEOMETRY EV SPINOFF BRAND
- "Geely, the Chinese automaker currently behind familiar OEMs like Volvo and Lotus, is about to embark on yet another adventure -- but this time, it's a creation all its own." according to CNET: "Geely on Thursday introduced Geometry, a spinoff automaker dedicated solely to electric vehicles. Geometry aims to have 10 electric vehicles on the market by 2025, covering a wide variety of segments, from sedans to MPVs. At the same time, Geometry rolled out its first car, the not-very-creatively-named Geometry A. Two different batteries are on offer: The 51.9-kWh battery allows for a maximum range of 255 miles, whereas the 61.9-kWh battery extends that range to 311 miles. It's not very expensive, either. The standard-range version starts at 210,000 Chinese yuan (about $31,000) and stretches to 230,000 Chinese yuan (about $34,000). The long-range version starts where the standard-range ends, eventually topping out at a decent 250,000 Chinese yuan (about $37,000). When subsidies are applied, the prices go even lower. "
https://www.cnet.com/roadshow/news/geely-geometry-ev-spinoff-first-sedan-singapore/
BALLARD TO SUPPLY NORLED WITH 200 KW FUEL CELL MODULES TO POWER FERRY IN NORWAY
- Ballard Power Systems, Inc.—has signed an Equipment Supply Agreement (ESA) with Norled A/S, one of Norway’s largest ferry and express boat operators, to provide two next-generation 200 kW fuel cell modules that will be used to power a hybrid ferry planned to begin operating in 2021.
- The Ballard modules will be designed and manufactured at the company’s new Marine Center of Excellence at its facility in Hobro, Denmark.The Norled vessel—which has carrying capacity for up to 299 passengers and 80 cars—is expected to be the first liquid hydrogen fuel cell-powered ferry in commercial operation globally.
NORWAY AVIATION FIRM ORDERS 60 ALL-ELECTRIC AIRPLANES, DROPS OPERATION COSTS 80%
- "Norway’s OSM Aviation, a firm that specializes in recruitment and training for the aviation industry, has ordered 60 all-electric planes from Colorado-based electric aircraft manufacturer Bye Aerospace." write Phil for Elecrek today: "OSM Aviation announced the order on its website. The order, which CEO Espen Høiby claims is the largest order for commercial electric planes to date, will be for Bye Aerospace’s eFlyer 2. Høiby said. The eFlyer 2, formerly known as the Sun Flyer, uses a Siemens propulsion system: a 57 lb. SP70D motor with a 90kW peak rating (120 HP), and a continuous power setting of up to 70kW (94 HP). The eFlyer 2 successfully completed its first official flight test on February 8. Each two-seater aircraft will cost $350,000 per plane, but while it costs $110/hr. to operate a conventional training plane, the all-electric planes will only cost $20 per hour, Høiby said."
https://electrek.co/2019/04/11/norway-60-electric-airplanes/
HARBOUR AIR IS SWITCHING OVER TO 100% ELECTRIC SEAPLANES
- "It’s always great hearing stories such as a new one from seaplane operator Harbour Air, which is based in Vancouver, Canada, and is switching its entire fleet to electricity!" says CleanTechnica today: "When the world’s largest floatplane-only airline, Harbour Air, says it is switching to become an electrically powered airline, you know something is going on with the state of aviation battery technology. Harbour Air will be the first seafaring airline to convert its complete fleet of de Havilland Beaver, Otter, Twin Otter aircraft and lone Cessna Caravan to electricity. These 41 vintage aircraft will be converted to reach a longer lifecycle with highly improved efficiency and lowered maintenance costs, a win-win for all."
MERCEDES-BENZ TO SUPPLY 56 ELECTRIC URBAN BUSES TO WIESBADEN;
- The public transport company ESWE Verkehrsgesellschaft mbH from Wiesbaden in Germany’s Hesse region has ordered 56 Mercedes‑Benz eCitaro electric urban buses. With this commission, the city of Wiesbaden is switching a fifth of its bus fleet to electromobility within a short period of time. Mercedes‑Benz also takes care of the adaptation of the service yard, the equipment and setting up of charging infrastructure, as well as the charging management process itself. Planned tasks even include building the transformer station for converting medium-voltage to low-voltage electricity as well as the installation of cables on the site. The remaining 41 eCitaro will be equipped with solid-state batteries. Solid-state batteries have a very high energy density—in this case, seven battery packs are sufficient to provide a total capacity of 441 kWh. With the solid-state batteries, the eCitaro can meet about 70% of all requirements without opportunity charging. The characteristics of solid-state batteries differ significantly from NMC batteries—different shape, larger and not suitable for quick-charging. As a result, city buses equipped with them cover different operational profiles. For this reason, Mercedes-Benz will offer the eCitaro with a choice of NMC or solid-state batteries.
BERNIE ECCLESTONE CLAIMS THE FUTURE OF RACING IS ELECTRIC
- Jalopnik says: "Despite the fact that Bernie Ecclestone is no longer at the helm of Formula One, the man still makes headlines with his often-sensational takes about racing. This time, he’s back with one hell of a claim: F1 is the motorsport series of past. Formula E is the future. Yes. Bernie Ecclestone, the man who was “horrified” by F1's quiet engines, has sided with the near-silent power units of the Formula E cars. FE, he argues in a Reuters interview, is going to be the way forward in the future: It’s a different form of entertainment but Formula E will begin to get much, much bigger and better, which is slowly what they are doing anyway. And Formula One will suffer because of that. There’s more chance there of big, big expansion [in Formula E] and more chances commercially than there is of changing things in Formula One."
https://jalopnik.com/bernie-ecclestone-claims-the-future-of-racing-is-electr-1833969146
AUDI E-TRON SALES IN MARCH KICKED OFF AT FOUR DIGIT VOLUME
InsideEVs' has the scoop on Audi etron numbers: "March was under the siege of the Tesla Model 3, but it wasn’t the only important BEV model introduced in Europe, as Audi finally started customer deliveries of the e-tron.
According to Audi’s press release, we assume that sales exceeded 1,000 as the new registrations in the two biggest markets were:
Norway – 621
Germany – 490"
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