Electric Car News Roundup – 2

electric car news

Longest range electric cars 2019: EVs that hardly need charging

Tesla Model S Long Range electric car
Tesla Model S Long Range Electric Car (Credit: Car Magazine)

Range anxiety has been one of the more critical concerns of potential buyers of EVs. However, electric vehicle manufacturers have certainly been listening and have responded robustly to alleviate ‘range’ concerns.  Tesla Model S Long Range can travel up to 375 miles on a single charge, while the recently released Tesla Model 3 Long Range can achieve 348 miles.  The Jaguar I-PACE, winner of the 2019 World Car of The Year prestigious award, can achieve 292 miles.  More affordable electric cars like the Renault Zoe (186 miles), BWMi3 (193 miles) and Nissan Leaf e+ (239 miles) have also improved range. For those seeking to travel long distances, e-zoomed recommends using tools like Charge Map to plan efficient journeys in relation to charging. 


Government told to ban sales of petrol and diesel cars in 2030

EVs. UK government to ban sale of petrol and diesel cars
EVs UK (Credit: AMonline)

The UK Governments announcement in 2018 to ban the sales of petrol and diesel cars in 2040, as a cornerstone of the Road to Zero Strategy was widely welcomed.  However, as critical issues relating to pollution, climate change and global warming continue to dominate headlines, the Government is being advised to bring forward the date of the ban to 2030 in a new report from the Committee on Climate Change.  The committee has also highlighted the need to increase the rate of deployment of charging infrastructure in the UK and has warned that the current rate of charging infrastructure rollout is too slow. The Committee also believes that the cost of EVs will continue to fall and will be similar to the cost of petrol and diesel cars by 2024-5.  e-zoomed echoes the key messages from the new report, in particular, the importance of strong and more urgent commitment from the UK Government to enhance the rapid deployment of charging points nationally.


Tesla expects global shortage of electric vehicle battery minerals

electric car battery performance and costs
Tesla Charging Stations (Credit: Pixabay)

Electric car batteries continue to remain the focal point of the EV sector.  An increase in battery performance and reduction in battery costs can have the most significant positive impact in the scaling of the fast evolving electric road transportation sector.  Nickel and copper are two key minerals used in the production of EV batteries. However, the leading EV manufacturer, Tesla Inc has highlighted the potential of material shortages if investment in the mining sector is not increased.  Not surprisingly, electric cars use twice as much copper as internal combustion engine cars.  e-zoomed believes that an open discussion regarding the production, recycling and eventual disposal of batteries used in electric road transportation is much needed for the positive development of the EV sector. 



Author

Ashvin Suri

Ashvin has been involved with the renewables, energy efficiency and infrastructure sectors since 2006. He is passionate about the transition to a low-carbon economy and electric transportation. Ashvin commenced his career in 1994, working with US investment banks in New York. Post his MBA from the London Business School (1996-1998), he continued to work in investment banking at Flemings (London) and JPMorgan (London). His roles included corporate finance advisory, M&A and capital raising. He has been involved across diverse industry sectors, to include engineering, aerospace, oil & gas, airports and automotive across Asia and Europe. In 2010, he co-founded a solar development platform, for large scale ground and roof solar projects to include the UK, Italy, Germany and France. He has also advised on various renewable energy (wind and solar) utility scale projects working with global institutional investors and independent power producers (IPP’s) in the renewable energy sector. He has also advised in key international markets like India, to include advising the TVS Group, a multi-billion dollar industrial and automotive group in India. Ashvin has also advised Indian Energy, an IPP backed by Guggenheim (a US$ 165 billion fund). He has also advised AMIH, a US$ 2 billion, Singapore based group. Ashvin has also worked in the real estate and infrastructure sector, to including working with the Matrix Group (a US$ 4 billion property group in the UK) to launch one of the first few institutional real estate funds for the Indian real estate market. The fund was successfully launched with significant institutional support from the UK/ European markets. He has also advised on water infrastructure, to include advising a Swedish clean technology company in the water sector. He is also a member of the Forbury Investment Network advisory committee. He has also been involved with a number of early stage ventures.

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