Today’s big EV stories:
• IPCC report shows ‘possible loss of entire countries within the century’
• Samsung rumoured to supply cells to Volkswagen
• The Science of Silence Inside the Electric GMC Hummer
• Apple reportedly in talks with Korea EV component makers for 'Apple Car'
• GM to start taking reservations for Cadillac Lyriq
• 28 U.S. House Democrats want $85 billion in EV charging infrastructure funding
• The U.S. needs more EV charging stations — and in fairer locations
• Ola Electric reveals reverse gear feature for upcoming e-scooter; check out details
• Electric Cars for Everyone? Not Unless They Get Cheaper
• Rivian R1T Buyers Get Their First Opportunity To Experience The Electric Pickup
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Good morning, good afternoon and good evening wherever you are in the world, welcome to EV News Daily for Monday 9th August. It’s Martyn Lee here and I go through every EV story so you don't have to.
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.
IPCC REPORT SHOWS ‘POSSIBLE LOSS OF ENTIRE COUNTRIES WITHIN THE CENTURY’
- Global heating above 1.5C will be “catastrophic” for Pacific island nations and could lead to the loss of entire countries due to sea level rise within the century, experts have warned.
- The Pacific has long been seen as the “canary in the coalmine” for the climate crisis, as the region has suffered from king tides, catastrophic cyclones, increasing salinity in water tables making growing crops impossible, sustained droughts, and the loss of low-lying islands to sea level rise.
- Intergovernmental Panel on Climate Change (IPCC) published its landmark report on global heating on Monday, which showed that greenhouse gas emissions needed to be halved to limit heating to 1.5C above pre-industrial levels
Seven key takeaways from the IPCC climate change report
- 1. Climate change is definitely man-made
- 2. The warming is unprecedented
- 3. Warming will continue, whatever we do
- 4. But it CAN be stopped. Under the IPCC's most optimistic scenario, temperatures would rise but only by about 1.6C above pre-industrial levels and they will then start to fall until they stabilise at around 1.4C above pre-industrial levels. That is based the world hitting net zero emissions - which should mean cutting emissions as much as possible and offsetting the rest - around 2050
- 5. The weather has already changed as a result
- 6. The weather will continue to change
- 7. Changes to the weather will be worse, if global warming isn't limited to 1.5C
‘Code red’ climate report sends oil prices sinking
- Oil prices tanked on Monday morning driven by investors selling off holdings after the publication of a landmark report on the damaging effects of climate change signals “code red” for humanity.
International benchmarks WTI and Brent Crude plummeted 4.1 per cent and 3.8 per cent respectively.
A barrel of either benchmark costs well below $70.
- The report did highlight that if nations are able to significantly cut greenhouse gas emissions over the next decade, the worst effects of climate change could be avoided, suggesting that reliance on oil to facilitate economic activity will start to ease, causing demand to drop sharply.
Oil company shares in London fell along with crude, BP shares were down 2.3 per cent
World leaders, activists react to "sobering" UN climate report
- "We can’t wait to tackle the climate crisis," President Biden tweeted. "The signs are unmistakable. The science is undeniable. And the cost of inaction keeps mounting."
- "Today’s report makes for sobering reading, and it is clear that the next decade is going to be pivotal to securing the future of our planet. We know what must be done to limit global warming – consign coal to history and shift to clean energy sources, protect nature and provide climate finance for countries on the frontline," U.K. Prime Minister Boris Johnson said in a statement.
- "The IPCC report underscores the overwhelming urgency of this moment," U.S. special climate envoy John Kerry added in his own statement. "The world must come together before the ability to limit global warming to 1.5 degrees Celsius is out of reach."
SAMSUNG RUMOURED TO SUPPLY CELLS TO VOLKSWAGEN
- Samsung SDI is rumoured to produce part of the standardised battery cells for future electric cars announced by Volkswagen at Power Day. However, it remains to be seen what scope of development the South Korean company will be responsible for.
- Volkswagen announced the concept of the unit cell in March. The format of the prismatic cell is always the same, but the cell chemistry is adapted to the respective models or vehicle segments. These cells are to be used in 80 per cent of the VW Group’s electric cars.
- VW had announced at Power Day that it would build six cell factories in Europe by 2030, each with a production capacity of 40 GWh. It also remains open whether Samsung SDI will become a partner for one of the as yet unconfirmed European battery plants, or will supply the cells from one of its existing plants
THE SCIENCE OF SILENCE INSIDE THE ELECTRIC GMC HUMMER
- The upcoming all-electric GMC Hummer has employed active sound management that uses digital signals to counteract unpleasant sounds during your drive
- audio engineers working in the automotive space use high-tech tuning tools to adjust the sound.
- Traditional insulation and bodywork to manage noise adds heft; this technology saves it.
- Noise masking works with how your brain perceives sound by introducing another sound at the same time to cover the noise.
APPLE REPORTEDLY IN TALKS WITH KOREA EV COMPONENT MAKERS FOR 'APPLE CAR'
- Apple has reportedly made contact with multiple Korea-based electric vehicle component manufacturers for its "Apple Car" project.
- The company is said to be in talks with Korean EV companies as part of a strategy to outsource manufacturing of first-party electric vehicles, The Korea Times reported Monday. A source said that Korean manufacturers of EV batteries and other components could benefit from Apple's strategy.
- According to the report, Apple has had "advanced meetings" with SK Innovation, a subsidiary of SK Group specializing in EV batteries. The Cupertino company has also met with LG Electronics and auto parts manufacturer Magna International, which both have established a joint venture dubbed LG Magna e-Powertrain.
- Apple is said to be considering a lithium iron phosphate (LFP) battery instead of a lithium-ion battery because the former technology is less likely to overheat and carries safety benefits.
GM TO START TAKING RESERVATIONS FOR CADILLAC LYRIQ
- GM has confirmed that it will start taking reservations for its upcoming Cadillac Lyriq electric SUV on September 18. The vehicle will start at $58,795.
- GM wrote: “This is the spark. The dawn of a bright new era. Our electric future, rooted in more than a century of innovation, begins with an uncompromising electric SUV. Meet the Cadillac LYRIQ. An EV that inspires its driver to charge forward to a greater purpose—with every sublime detail. Prepare yourself for our newest creation.”
- The Hummer EV pickup truck will be delivered first with low-volume production expected to start by the end of the year, while the first Lyriq electric SUVs are expected to be available during the first half of 2022.
- That’s impressive considering the Lyriq is going to be equipped with a 100 kWh battery pack expected to enable over 300 miles of range.
28 U.S. HOUSE DEMOCRATS WANT $85 BILLION IN EV CHARGING INFRASTRUCTURE FUNDING
- A group of 28 U.S. House Democrats on Monday asked congressional leaders to back $85 billion in funding for electric vehicle charging infrastructure, a big jump over funding proposed in a bill before Congress.The current $1 trillion bipartisan infrastructure bill under consideration has $7.5 billion in EV charging infrastructure funding, but Democrats plan to add additional funding in a separate measure that could spend up to $3.5 trillion.
- The lawmakers, including House Transportation Chairman Peter DeFazio, said "a rapid and extensive build-out of electric vehicle charging infrastructure supported by the federal government is crucial if consumers are to adopt zero emission vehicles at the scale and pace needed to stave off climate catastrophe."
THE U.S. NEEDS MORE EV CHARGING STATIONS — AND IN FAIRER LOCATIONS
OLA ELECTRIC REVEALS REVERSE GEAR FEATURE FOR UPCOMING E-SCOOTER; CHECK OUT DETAILS
ELECTRIC CARS FOR EVERYONE? NOT UNLESS THEY GET CHEAPER
RIVIAN R1T BUYERS GET THEIR FIRST OPPORTUNITY TO EXPERIENCE THE ELECTRIC PICKUP
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PORSCHE OF THE VILLAGE CINCINNATI
VOLVO CARS CINCINNATI EAST
NATIONAL CAR CHARGING ON THE US MAINLAND AND ALOHA CHARGE IN HAWAII
DEREK REILLY FROM THE EV REVIEW IRELAND YOUTUBE CHANNEL
RICHARD AT RSEV.CO.UK
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