Electric Vehicles News & Discussions

User avatar
caltrek
Posts: 6509
Joined: Mon May 17, 2021 1:17 pm

Re: Electric Vehicles News & Discussions

Post by caltrek »

Taiwanese Electric Two-wheeler Maker Gogoro Secures U.S. $345 Million Loan
by Eric Chang
October 4, 2022

Introduction:
TAIPEI (Taiwan News) — Electric two-wheel maker and battery swapping infrastructure provider Gogoro inked a US$345 million (NT$10.7 billion) loan last week with a group of ten syndicated banks.

The five-year credit facility agreement is being led by Mega International Commercial Bank Co., according to a regulatory filing cited by TechCrunch.

The facility consists of two term loans and one revolving facility that will be used to pay off an existing loan, purchase energy cells for its swappable batteries, support working capital, and be used on Gogoro Network operations in Taiwan, the filing said.

The loan comes with a two-year extension option, and if Gogoro continues to meet carbon reduction goals, a facility rate discount will be applied, per the filing.

Last month, Gogoro announced it had launched its e-scooters and battery swapping system in Tel Aviv by partnering with Metro Motor and Paz Group from Israel. The company also announced in September that it had been chosen for a sandbox pilot in Singapore.
Read more here: https://www.taiwannews.com.tw/en/news/4676729
Don't mourn, organize.

-Joe Hill
User avatar
raklian
Posts: 1747
Joined: Sun May 16, 2021 4:46 pm
Location: North Carolina

Re: Electric Vehicles News & Discussions

Post by raklian »

To know is essentially the same as not knowing. The only thing that occurs is the rearrangement of atoms in your brain.
weatheriscool
Posts: 12946
Joined: Sun May 16, 2021 6:16 pm

Re: Electric Vehicles News & Discussions

Post by weatheriscool »

Prototype four-gun EV charger promises full charge in 10 minutes
By C.C. Weiss
October 06, 2022

https://newatlas.com/automotive/zerova- ... v-charger/
Zerova Technologies, a new Taiwan-headquartered subsidiary of Phihong, made an energetic debut at this week's eMove360° Europe show in Berlin. The company previewed a prototype 480-kW charger that promises to make EV charging more convenient than ever by slashing charging time to 10 minutes. Those who don't have the full 10 to spare can zap nearly 100 miles (160 km) of battery power into their cars in less than half that time. The new Four Gun Charger can also charge four vehicles at the same time from a single unit.

Designed for both passenger car and commercial fleet charging, Zerova's new Four Gun Charger packs some serious ultra-charging power into a compact footprint, featuring independent left and right chargers on front and back of a single body. Each charger features a 16.4-foot-long (5-m) cable to aid in the logistics of parking and charging four separate vehicles. The charger supports CCS-1, CCS-2, CHAdeMO and GB charging standards and includes a digital screen designed to run advertisements.

The 10-minute full charge is based on a vehicle with a 75-kWh battery pack so vehicles with larger packs would take longer. Zerova also estimates the charger would add 93 miles (150 km) in less than five minutes, allowing some drivers to quickly power up and complete their journey before plugging in for a more complete charge at their destination.
User avatar
wjfox
Site Admin
Posts: 8730
Joined: Sat May 15, 2021 6:09 pm
Location: London, UK
Contact:

Re: Electric Vehicles News & Discussions

Post by wjfox »

weatheriscool
Posts: 12946
Joined: Sun May 16, 2021 6:16 pm

Re: Electric Vehicles News & Discussions

Post by weatheriscool »

Cost Of Public Charging an EV Is Now More Expensive Than Filling Up with Diesel–Parkers

https://wattsupwiththat.com/2022/10/19/ ... l-parkers/
From NOT A LOT OF PEOPLE KNOW THAT

By Paul Homewood

The price of charging an electric car using a public rapid charger is now more expensive than filling up with diesel according to data gathered by Parkers. The soaring price of wholesale gas and electricity has forced up the cost of charging a typical electric car, with £10 of charge taking you less far than the same amount of diesel.

This rise in EV charging begins to bite just as petrol and diesel prices are finally beginning to fall. Despite the spiralling costs of using public electric car chargers, the long-term consideration of an electric car is still very much on many drivers’ minds.

The RAC says that the average price per kilowatt hour (kWh) of a UK rapid charger is 63.29p, but it can cost a lot more. Osprey announced in August 2022 prices on its rapid chargers to £1 per kilowatt hour. Tesla charges an average of 77p/kWh for non-Tesla drivers (according to Zap-Map), and the second largest rapid network, Gridserve, charges 66p/kWh.
weatheriscool
Posts: 12946
Joined: Sun May 16, 2021 6:16 pm

Re: Electric Vehicles News & Discussions

Post by weatheriscool »

BMW investing $1.7B in S Carolina as automaker shifts to EVs
Source: AP

By TOM KRISHER and JEFFREY COLLINS
GREER, S.C. (AP) — BMW will invest $1 billion in its sprawling factory near Spartanburg, South Carolina, to start producing electric vehicles and an additional $700 million to build a electric-battery plant nearby.

The German automaker’s announcement Wednesday reflects its commitment to transitioning to electric-vehicle production in North America, in line with similarly ambitious plans by other major automakers.

The investment in the 7-million-square-foot vehicle factory in Greer, in the foothills of the Blue Ridge Mountains, would add an unspecified number of jobs to the more than 11,000 workers there.

The battery plant, to be built in nearby Woodruff, will employ 300, the company said, with hiring to begin within a few years.



Employees work in the battery assembly hall at the BMW Spartanburg plant in Greer, S.C. Wednesday, Oct. 19, 2022. BMW's sprawling factory near Spartanburg, will get a $1 billion investment, and the German automaker will spend another $700 million to build a battery plant nearby as it begins the transition to electric vehicles in the U.S., the company announced Tuesday, Oct. 18. (AP Photo/Sean Rayford)
Read more: https://apnews.com/article/technology-n ... 91b5221f13
10
weatheriscool
Posts: 12946
Joined: Sun May 16, 2021 6:16 pm

Re: Electric Vehicles News & Discussions

Post by weatheriscool »

GOP seizes on voter hesitancy to attack EVs as costly to US
Source: AP/By HOPE YEN and MATTHEW DALY
WASHINGTON (AP) — Heading into next week’s midterm elections, many Republican candidates are seeking to capitalize on voters’ concerns about inflation by vilifying a key component of President Joe Biden’s climate agenda: electric vehicles.

On social media, in political ads and at campaign rallies, Republicans say Democrats’ push for battery-powered transportation will leave Americans broke, stranded on the road and even in the dark. Many of the attack lines are not true — the auto industry itself has largely embraced a shift to EVs, for instance, and some Republican lawmakers are quick to cheer the opening of EV battery plants in the U.S. that promise new jobs.

But political analysts say the GOP messaging exploits voter hesitancy on EVs that may have put Democrats on the defensive at a time when Americans are especially feeling a financial pinch. EVs cost $65,000 on average, a fact GOP candidates cite.

More than two-thirds of Americans say they are unlikely to purchase an electric vehicle in the next three years, according to a new poll by The Associated Press-NORC Center for Public Affairs Research. Democrats are twice as likely to say they plan to purchase one as Republicans, 37% to 16%, respectively.
Read more: https://apnews.com/article/2022-midterm ... osition_10
weatheriscool
Posts: 12946
Joined: Sun May 16, 2021 6:16 pm

Re: Electric Vehicles News & Discussions

Post by weatheriscool »

Tesla's Third Largest Shareholder Calls For the Ouster of Elon Musk as CEO
Source: The Observer

KoGuan Leo, an Indonesian billionaire and the third-largest individual shareholder of Tesla, is calling for the electric carmaker’s CEO, Elon Musk, to step down as much of his attention is focused on Twitter lately.

“Elon abandoned Tesla and Tesla has no working CEO,” Leo tweeted on Dec. 14. “Tesla needs and deserves to have working full-time CEO.”

Leo proposed Tesla’s board of directors appoint a professional manager, someone similar to Apple CEO Tim Cook, as Musk’s replacement.

“Tesla is 19 years old, ranked 4th with 2.4 percent allocation in S&P,” he said in another tweet. “Elon was the proud father, Tesla has grown up. An executioner, Tim Cook-like is needed, not Elon.”

Read more: https://observer.com/2022/12/koguan-leo ... elon-musk/
weatheriscool
Posts: 12946
Joined: Sun May 16, 2021 6:16 pm

Re: Electric Vehicles News & Discussions

Post by weatheriscool »

USPS to Add 45,000 EVs to its Fleet By 2028

After 2026, all new orders of the Next Generation Delivery Vehicle will be EV only.

By Collin Woodard
Published 15 minutes ago

The United States Postal Service announced today that its delivery vehicles are going electric. Of the more than 60,000 Next Generation Delivery Vehicles that the USPS intends to order by 2028, at least 45,000 will be EVs. And starting in 2026, it will exclusively order electric NGDVs.

The NGDV isn't the only vehicle the Post Office uses, though. As part of its plans to buy a total of 106,000 new vehicles to replace its aging 220,000-vehicle fleet, at least 66,000 will be electric by 2028. The total investment is expected to cost about $9.6 billion.

USPS initially only planned to order 5,000 electric delivery vehicles but announced in March that it had increased that number to 10,000. Then over the summer, it announced that it planned to increase its EV orders once again. According to the release, the Post Office was able to boost the number of electric NGDVs due to an additional $3 billion in funding allocated to it in the Inflation Reduction Act.

In a statement, Postmaster General Louis DeJoy said:

The $3 billion provided by Congress has significantly reduced the risk associated with accelerating the implementation of a nationwide infrastructure necessary to electrify our delivery fleet. While most of the electric vehicle funding will continue to come from Postal Service revenues, we are grateful for the confidence that Congress and the Administration have placed in us to build and acquire what has the potential to become the largest electric vehicle fleet in the nation.

{snip}
Read more: https://jalopnik.com/usps-goes-all-in-o ... 1849914878
User avatar
wjfox
Site Admin
Posts: 8730
Joined: Sat May 15, 2021 6:09 pm
Location: London, UK
Contact:

Re: Electric Vehicles News & Discussions

Post by wjfox »

Post Reply