VW aims to sell 1m electric or hybrid cars this year

Volkswagen plans to sell 1m electric or hybrid cars this year — a near tenfold increase since 2019 — as the German carmaker sets its sights on a recovery in profits after the pandemic.

Source: Financial Times

 


Piaggio, KTM, Honda and Yamaha to create swappable batteries consortium

Italian scooter maker Piaggio has announced it signed a letter of intent with KTM AG, Honda Motor Co. and Yamaha Motor Co. to set up a consortium for swappable batteries for motorcycles and light electric vehicles.

“The founding members of the consortium believe that the availability of a standardized swappable battery system would both promote the widespread use of light electric vehicles and contribute to a more sustainable life-cycle management of batteries used in the transport sector”, Piaggio said in a statement.

The consortium, which will start operating in May and is open to all investors interested in joining, aims to define standard technical specifications for swappable batteries for mopeds and motorcycles, it added.

Source: Reuters

 

BP link to get Volkswagen charged up

VW is launching investment joint ventures with BP in the UK and in Germany — where BP trades as Aral — and with Iberdrola in Spain and Enel in Italy to produce public fast-charging networks, the sort that can provide 100 miles’ worth of battery charge in about ten minutes, The Times reported.

The partnership will not mean that only cars in the Volkswagen group — which includes Bentley, Porsche, Lamborghini, Audi, Skoda and Seat — can use BP chargers but that information technology built into those marques will help drivers locate BP charge points and pay for them remotely.

Source: The Times

 

Green Britain: Changing to an electric vehicle ‘can save you £740’

Electricity is a cheaper fuel than petrol or diesel while pure EVs are exempt from congestion charges and road tax. EVs also have fewer moving parts which dramatically reduces the cost of maintenance compared to cars with internal combustion engines. New AutoMotive said this means annual savings of an average of £740 for the UK’s top 10 cars.

Drivers of the UK’s most popular car, the Ford Fiesta, could save £768 a year by going electric, Vauxhall Corsa drivers could save themselves £697, while BMW 3 Series owners could save £902.

Source: Daily Express

 

How long will an electric car’s battery last?

It’s a key question for buyers of new EVs and an even more pressing issue when buying used: will the battery need replacing before the car?

Source: The Telegraph

 

Car makers race to drive down cost of going electric

Green vehicles will be cheaper to run for most motorists than petrol-powered rivals within the next few years, experts say.

Source: The Telegraph

 

Economical Fiat 500 EV drivers to be rewarded in cryptocurrency

Fiat will reward the most economical drivers of its new Fiat 500 electric vehicle (EV) with a new form of cryptocurrency that can be exchanged for vouchers to be spent on Amazon, Apple, Netflix or Spotify.

A Fiat app is used to check the number of KiriCoin collected, based on an eco:Score, with one kilometre of city driving said to be more or less equivalent to one KiriCoin, with each KiriCoin worth two euro cents. Fiat said that a mileage of 10,000km per year in the city could earn a Fiat 500 driver the equivalent of around €150 (around £129) in KiriCoin-based rewards.

Source: AM Online