Electric Car News Roundup – 3

electric car news

2020 Volkswagen ID.3 electric car: price, specs and release date

Volkswagen electric car ID.3 price and release date
Volkswagen Electric ID.3 EV (Credit: WhatCar)

Never a dull moment in the rapidly evolving electric car market in the UK.  With Nissan Leaf continuing to improve on range and performance, other automotive manufacturers have been forced to up their game.  Renault is improving the Zoe in 2019 and Volkswagen has announced it will be rolling out the ID.3, its first fully electric car in summer 2020.  The compact class, ID.3, will be the first from the Volkswagen all-electric ID family, set to replace its existing electric e-Golf. The ID.3 is an all electric equivalent of the VW Golf hatchback minus the engine i.e. with more space and an inspiring 342 miles on a single charge.  Booking for the ID.3 has now commenced, with Volkswagen defining it as a Revolution instead of evolution.


BP Chargemaster’s 150kW network to allow 30 min electric car charging at 50 sites this year

BP Chargemaster aiming for UK leadership in electric car charging infrastructure
EV Charging (Credit: Auto Express)

As expected, post the acquisition of Chargemaster by BP p.l.c. in 2018, the company is taking significant steps to maintain leadership in the EV charging network industry.  Rivals, such as Shell, which acquired car charging company New Motion, is also vying for UK market leadership.  BP Chargemaster, the UK’s largest charging point provider has announced it will install 400 charging points capable of ultra-fast 150kW charging by 2021. The rollout will commence in July 2019 at its petrol station forecourts.  The company expects to install 100 ultra-fast charging station at 50 sites before the end of 2019. 


One in five drivers thinks electric cars can’t be taken into the a car wash

Electric cars and car wash.  Is there a risk of electric shock
Car Wash And Electric Car (Credit: The Sunday Times Driving)

Despite EVs becoming popular on UK roads, consumers continue to remain ill-informed on electric cars.  In a recent survey by insurance giant LV=, one in five respondents thought electric cars could not be taken through a car wash.  The myths and misconceptions in relation to electric vehicles and batteries, have left a number of potential buyers confused, with some even unsure if EVs can be driven in the rain.  Like all other petrol and diesel cars, electric cars are rigorously tested for safety. For example, automotive manufacturers have installed a device to disconnect the lithium-ion battery in the event of a collision. The future of electric cars, among other things, depends on debunking such myths successfully. 



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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