Techwheel Current
Newsletter 2025-04-27
š Key EV Insights
- Range-extender electric vehicles
- BYD focuses on hybrids in Europe.
- Tesla's robotaxi service launching soon.
- CATL's new batteries promise 800 km range.
- Electric vehicle charging networks evolving rapidly.
š EV Insights & Trends
- Australian consumers are showing interest in range-extender electric vehicles (REEVs), especially with Leapmotor's C10 SUV launch.
- REEVs use a petrol engine only as a generator, boosting range and reducing emissions.
- CEO Andy Hoang emphasizes their practicality amid decreasing electric vehicle sales and increasing hybrid demand in Australia.
Tesla's first-quarter earnings disappointed, missing Wall Street expectations due to declining sales and industry uncertainty. CEO Elon Musk announced reduced involvement with the White House DOGE office, focusing on Tesla instead. He updated on an affordable model and plans for a robotaxi service in Austin this June, with potential expansion across the U.S. by year-end.
Yangwang, BYD's ultra-luxury sub-brand, will unveil the U8L SUV at the 2025 Shanghai auto show from April 23 to May 2. Building on the U8, launched in September 2023 for RMB 1,098,000, the U8L will be larger. Yangwang targets the luxury segment with models like the U9 electric supercar and U7 electric sedan, utilizing advanced e4 technology.
- BYD is restructuring its European operations, focusing on hybrid vehicles due to limited dealer networks and expertise.
- By December 2024, hybrids will drive strategy, with sales expected to triple by early 2025, despite poor performance in Germany.
- Research shows 46% of potential buyers prefer hybrids, prompting BYD to expand its dealer network from 27 to 120 locations.
- BYD has launched the luxury sports car Denza Z at Auto Shanghai, aiming to compete with brands like Porsche and Mercedes-Benz.
- This event showcases China's growing electric vehicle sector, where BYD has surpassed Tesla in global sales.
- Despite U.S. tariffs and trade tensions, BYD remains focused on innovation and strengthening its market position, particularly in China.
- BYD launched the Denza Z sports car at Auto Shanghai, targeting the luxury market dominated by Porsche and Mercedes.
- This move follows BYD's leadership in the EV sector, surpassing Tesla in global sales.
- The Denza Z showcases advanced technology and luxury features, part of BYD's strategy to expand in high-end segments, with pricing yet to be revealed.
Electric vehicles (EVs) are boosting novated leasing adoption, even after the fringe benefits tax (FBT) exemption for plug-in hybrids ended. Battery-only EVs remain FBT-free and comprise 44% of Smartgroup Corporationās leases and 53% at FleetPartners Group in 2024. Industry leaders expect continued demand for battery electric vehicles, despite concerns over the PHEV exemption expiration.
- Tesla is aiming to enter the Indian market, while BYD has introduced the e6 MPV and Atto 3 SUV.
- The new Sealion 7, a futuristic electric SUV, boasts a unique design and upscale features.
- With a length of over 4.8 meters, it offers strong performance, signaling intensified competition in India's electric SUV market.
Chobani CEO Hamdi Ulukaya announced a $1.2 billion investment in a New York facility, aiming to produce 1 billion pounds of yogurt. This is the largest investment in U.S. natural food manufacturing.
- Chobani generates $3 billion annually.
- Tesla's Elon Musk plans to reduce DOGE involvement amid financial struggles, while Trump reassures Jerome Powell will remain at the Fed.
BYD, the Chinese electric vehicle brand, is aggressively growing in Europe and the UK, supported by marketing efforts like Euro 2024 sponsorship. The company plans to boost its dealer network from 80 to 120 by 2025. With models like the Dolphin and Seal, BYD targets various segments, competing with Tesla while emphasizing user-friendly design and local market understanding.
Kia is entering the electric pickup truck market with a new EV model aimed at North America. Manufacturing in the US may enhance its market success.
- The truck will offer best-in-class interior space, robust towing, and off-road capabilities.
- Kia targets annual sales of 90,000 units, aiming to surpass competitors like the Ford F-150 Lightning.
- Saudi Aramco has partnered with BYD to explore New Energy Vehicles, focusing on battery-electric and plug-in hybrid technologies.
- This collaboration aims to enhance R&D efforts for improved efficiency and environmental performance in the automotive sector.
- Both companies aim to drive innovation and contribute to a sustainable energy future, leveraging Aramco's resource expertise and BYD's EV leadership.
- Tesla has delayed the U.S. launch of its affordable Model Y variant to the first half of 2025.
- CEO Elon Musk is prioritizing Robotaxi tech and cheaper Model Y versions over a $25,000 vehicle.
- This strategy addresses declining sales and production while continuing self-driving technology development, despite previous missed deadlines.
- Advanced manufacturing facilities are vital for the electric vehicle (EV) industry, driving innovation to meet demand and combat climate change.
- The article highlights ten leading EV plants, including NIO's Hefei complex and GM's Factory ZERO, which utilize cutting-edge technology and eco-friendly practices.
- These facilities are transforming automotive production and are crucial for the industry's shift towards sustainability.
Elon Musk and Tesla face challenges but betting against them is unwise. Despite setbacks, Tesla's commitment to innovation suggests a promising future.
- Tesla's reputation for quality EVs remains strong.
- The updated Model Y, āJuniper,ā offers better range and a refined interior.
- New models are planned, including a smaller Model 3 and simplified Model Y.
š Charging & Battery Tech
- The Asian Development Bank (ADB) approved a $104 million loan to enhance energy security in Georgia via the Energy Storage and Green Hydrogen Development Project.
- This includes a 200MW/200MWh Battery Energy Storage System at the Ksani Substation, improving renewable energy integration.
- ADB also allocated a $400,000 grant to support hydrogen development and promote private sector involvement.
- University of Shanghai researchers created an AI-based system to detect lithium plating in electric vehicle batteries, improving safety and longevity.
- Utilizing the Random Forest algorithm, the system boasts over 97% accuracy in identifying lithium plating during pulse charging.
- This non-invasive technology provides early battery failure warnings, enhancing durability and promoting greener transportation.
CATL has launched innovative battery technology set to transform the EV industry. Although production is projected in two to three years, challenges like slower charging and shorter lifespans persist, edging EVs closer to gasoline performance and pricing.
- Promises 800 km range with five-minute charging.
- Features an auxiliary battery, cutting costs and boosting energy density by 60%.
- CATL unveiled innovative EV battery technologies at Super Tech Day, featuring the Freevoy dual-power battery, Naxtra sodium-ion battery, and second-gen Shenxing superfast charging battery.
- The Freevoy battery improves user experience with stable power supply and self-forming anode technology, enhancing autonomous driving.
- These advancements demonstrate CATL's leadership in the evolving multi-power era of the EV industry.
- Researchers have created a high-efficiency energy storage device that captures 63% of solar energy.
- By combining silicon solar cells with advanced supercapacitors, it improves renewable energy reliability.
- Innovations include using nickel foam for enhanced surface area and incorporating multiple metal ions for better conductivity, marking progress in clean energy technology for everyday use.
Researchers from POSTECH and the Korea Institute of Energy Research have created a new battery technology that enhances electric vehicle performance.
- The composite anode combines hard carbon and tin, improving energy capacity and charge rates.
- This innovation could surpass current lithium-ion solutions, addressing growing demand for efficient energy storage.
- Long-range EVs like the NIO ET7, with a 1,050 km range, are nearing commercial release.
- Future models are expected to adopt solid-state batteries, boosting efficiency and cutting costs compared to ICE vehicles.
- Despite robust charging infrastructure in the U.S. and China, many regions lack adequate stations, prompting manufacturers to improve battery technology to reduce range anxiety.
The European electricity market faces instability due to the rise of intermittent renewable energies like wind and solar, complicating grid management. This leads to negative pricing during low-demand periods. Norway, with its 83.2 TWh hydropower storage capacity, plays a crucial role by using pumped storage technology to balance supply and demand, alleviating challenges from renewable energy fluctuations.
- America's EV charging network is rapidly evolving with diverse solutions, including fast chargers at grocery stores and public garages.
- The future of fueling will not solely depend on gas stations, providing drivers with convenient charging experiences.
- Challenges remain, such as the suspension of the NEVI Formula Program, yet accessibility and integration of EV charging are improving daily.
- Researchers at Princeton's DincÄ Group have created a sodium-ion battery using a new organic cathode, bis-tetraaminobenzoquinone (TAQ).
- This innovation could rival lithium-ion batteries, offering a more sustainable, cost-effective solution due to sodium's abundance.
- The improved energy and power density of TAQ may enable sodium-ion batteries to outperform lithium counterparts, transforming energy storage and promoting sustainability.
š Electric Mobility & Transport
Subaru's 2026 Trailseeker is an all-electric SUV, extending its Outback line. Key features include: Launching in the UK mid-2026; Australian availability is unconfirmed.
- 276kW dual motors for 0-60 mph in 4.4 seconds
- Over 418 km (260 miles) range from a 74.7kWh battery
- Enhanced suspension and all-wheel drive for stability
The Swytch GO E-Bike Conversion Kit is a practical choice for cyclists wanting to electrify their bikes, especially for DIY enthusiasts. While it offers an affordable entry into e-biking, the rise of budget-friendly e-bikes may impact its appeal. Despite its user-friendly design, potential buyers should consider the growing availability of full e-bikes before purchasing.
- The article reviews the best affordable small electric vehicles in the UK for 2025, with options under Ā£15,000 and many under Ā£30,000.
- Highlights include the stylish Volvo EX30, reliable Ford Puma Gen-E, and budget-friendly Dacia Spring.
- Smaller EVs may have limited range but often exceed 200 miles per charge, offering quick charging and lower running costs.
Kia's EV6 electric vehicle has been tested in Andhra Pradesh, India, highlighting its sophisticated design and performance. This 4.7-meter hatchback features a screen-dominated dashboard and comfortable front seats, although rear seats may lack support. It accelerates from 0-100 km/h in 5.3 seconds, and while the claimed range is 663 km, real-world use shows around 400 km.
- The 2025 Kia EV3, a compact front-wheel-drive electric SUV, won World Car of the Year at the 2025 New York International Auto Show.
- Currently unavailable in the U.S., it will launch later, built on the E-GMP platform.
- With ranges of 310-320 miles (81.4-kWh battery) and 220-230 miles (58.3-kWh battery), excitement builds for its release.
Portland's Electrify Bikes! program offers residents incentives to purchase electric bikes, covering 60% of costs up to $2,500. The city also approved a Vision Zero initiative to reduce traffic fatalities.
- Launched in 2023, it helped 75 individuals acquire e-bikes.
- Funded by a $200,000 grant, it targets households earning 80% or less of the median income.
š Commercial & Fleet EVs
- Dublin's electric bus rollout struggles with idle buses from poor charging infrastructure and insufficient staff training.
- The National Transport Authority (NTA) noted these challenges and emphasized the need for collaborative solutions.
- As of July 2023, 130 buses are inactive, with 136 charging stations active and plans for 100 more, causing service disruptions.
Mullen Automotive's subsidiary, Bollinger Motors, has delivered its first 2025 B4 electric truck to EnviroCharge for conversion into a mobile charging unit. This partnership aims to enhance EV infrastructure, with the B4 truck's versatility and reliability being key. The upfitted truck will debut at the Advanced Clean Trucking Expo 2025 in Anaheim, showcasing innovative mobile charging solutions.
National Express West Midlands has added 170 electric double-decker buses, raising its electric fleet to 329, nearly 25% of its total. This Ā£95 million investment aims to enhance low-emission transport. Each bus can cut carbon emissions by 61 tonnes annually, contributing to a total reduction of 20,000 tonnes, with a goal for a zero-emission fleet by 2030.
Fleet managers can test drive the latest electric vehicles from Lotus at the Company Car in Action (CCIA) event on June 11-12, 2025, at UTAC Millbrook in Bedfordshire. This yearās CCIA features 27 automotive manufacturers and over 300 vehicles. Attendees will experience specialized driving courses and seminars on electric vehicle benefits, technology, and cost-saving strategies.
š§ Autonomous & Smart EVs
Advanced Driver Assistance Systems (ADAS) are crucial for automotive innovation, enhancing safety and paving the way for automation. Most vehicles currently feature Level 1 or 2 systems, with a shift towards Level 3, especially in premium models. Key players include Bosch, Nvidia, Qualcomm, Tesla, Continental, Mobileye, and Valeo, all racing to innovate and commercialize advanced ADAS technologies.
- On April 18, 2025, BYD's Ocean Network launched pre-sales for the Sealion 07 DM-i Intelligent Driving Version SUV, with prices ranging from 189,800 to 229,800 yuan ($26,300 to $31,800).
- This innovative SUV boasts a drone landing pad, an advanced DiPilot driving system, and a roomy five-seat configuration crafted with BYD's signature Ocean Aesthetics design philosophy.
China's MIIT has enacted new regulations for autonomous vehicle advertising and testing. Key points include:
- Manufacturers must use SAE's six levels of autonomy for labeling.
- Misleading terms like "smart driving" are prohibited.
- Remote-summon features are banned, and driver monitoring systems must remain active, slowing vehicles if hands are off the wheel for over 60 seconds.
- China banned terms like āsmart drivingā following a Xiaomi SU7 crash that killed three, highlighting risks of Level 4 assistance systems.
- Tesla changed its marketing from āAutopilotā to āFull Self-Driving (Supervised)ā to limit liability and promote driver engagement.
- New regulations will halt consumer testing of updates and enforce battery safety standards by 2026.
- China has banned car manufacturers from using the term "autonomous driving" in advertisements after a fatal crash involving a Xiaomi vehicle.
- This regulation aims to clarify the capabilities of advanced driving assistance systems (ADAS), reducing consumer confusion about their actual autonomy.
- Experts emphasize the need for stricter regulations to prevent dangerous misconceptions surrounding these evolving technologies.
Elon Musk highlighted Tesla's focus on a cheaper vehicle and the robotaxi, expected by mid-2026.
- Tesla's profits fell 71%, with a 20% drop in auto revenues.
- Following the earnings call, stock rose 7%, but is down 41% year-to-date.
- Regulatory hurdles for the robotaxi and self-driving tech remain a concern.
Elon Musk announced Tesla's paid robotaxi service will launch in Austin in June with 10 to 20 fully autonomous Model Y vehicles. Key points include: Tesla shares rose 5% after the announcement amid disappointing automotive revenue down 20% year-over-year.
- Service expansion to multiple U.S. cities by late next year.
- Musk predicts significant financial impact by 2026.
- Elon Musk, CEO of Tesla, is recognized for bold promises and delays, helping Tesla become the worldās most valuable automaker despite challenges.
- His Full Self-Driving (FSD) technology has encountered missed deadlines, with an "unsupervised" version set for California.
- Musk targets a $25,000 Tesla model, building on the success of the Model 3 and Model Y.
Tesla plans to launch its robotaxi service in June in Austin, following missed deadlines and competition from rivals like Waymo. Key details include:
- Initial rollout with 10-20 Model Y vehicles
- Elon Musk predicts millions of autonomous Teslas by next year, emphasizing a unique AI-driven camera approach for scalability and cost efficiency.
The article explores the debate surrounding self-driving cars, contrasting manufacturers' optimism with public skepticism. Volkswagen's CEO, Professor Dr. Carsten Intra, claims autonomous vehicles are nearing reality, with trials of ID. Buzz vans at Level 4 autonomy in cities like Oslo. Achieving full Level 5 autonomy by 2030 remains challenging due to complex urban driving conditions and technological hurdles.
āØ EV Bytes & Beyond
The advanced energy storage market is projected to reach USD 46.16 billion by 2032, growing at a 9.8% CAGR. This growth stems from rising renewable energy demands, efficient storage solutions, and technological advancements. Key drivers include electric vehicle adoption, grid management integration, and government clean energy initiatives, enhancing market potential across residential, commercial, and industrial sectors.
Elon Musk is shifting his focus back to Tesla, aiming to boost performance and advocate for lower tariffs, distancing himself from past political involvement. This move seeks to restore his reputation as a tech visionary amid challenges. However, questions arise about whether it's too late to impact Tesla's trajectory amid rising competition and market pressures.
Omnidian, a leader in solar protection and performance plans, has raised over $87 million in funding led by B Capital. CEO Mark Liffmann highlights the commitment to trust and transparency in the sector.
- Funding supports innovative technology and enhances customer experience.
- Revenue tripled from 2022 to 2024, demonstrating demand for reliable renewable energy services.
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