Author Topic: ELECTRIC CARS  (Read 3244 times)

Online king

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Re: ELECTRIC CARS
« Reply #50 on: August 07, 2017, 01:22:37 PM »




Will Geely give Malaysia its very own affordable electric car soon?

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The Emgrand EV300 was launched in Beijing in March this year. Pic by NSTP/ARMAN AHMAD
By ARMAN AHMAD - August 7, 2017 @ 10:11am
LAST week, America and the rest of the world were ecstatic following the delivery of the first Tesla Model 3s.

It seems that soon, the electric car non-believers will finally be proven wrong, and while the non-believers of global warming may continue to exist, the new car seems like tangible proof that the argument of the practicality of electric vehicles (EV) will finally be settled once and for all.

But as the first Tesla Model 3s are produced at Tesla's plants and sold to customers at an "affordable" price, Malaysians wonder when they will ever get a taste of the electric future that the rest of the world seem to be heading to.

At US$35,000, the Tesla Model 3 will be priced at RM150,000 if directly converted due to our poorly performing exchange rate, and we all know that once it enters Malaysia it will incur taxes and duties, which will increase its selling price here.

So, when will the average Malaysian be able to drive an EV, and finally skip that expensive weekly visit to petrol station?

Well, the answer is, maybe sooner than you think. And the answer to Malaysia's electric vehicle dreams may lie in the East in China, instead of the West in the United States.

When Proton signed with Geely a few months ago, it gave the local car manufacturer access to the latter's product lineup, that is modern and up to date with the latest tech.

One of the cutting edge products in the lineup is the Geely Emgrand EV300, currently the best-selling electric vehicle in China.

The Emgrand EV300 was launched in Beijing in March this year.

What is surprising is its 300km range, which puts it ahead of established electric cars like the Nissan Leaf, which only has a 172 km range, although it is still much lower than the Model 3, which has a 350kph range in standard form, and 500km in extended form.

Geely is believed to be working on a 500km range model of the EV300, which is due out sometime near 2020.

The rest of the specification list for the current car also looks impressive. A 41 KWh lithium battery pack. Maximum power output of 95kw and 240Nm of torque means this car is not a compromise to an internal combustion engine car, and accelerates better than many of them. The car can be trickle charged in about 13 hours from a normal house socket and fast charged in just 45 minutes.

But the most impressive number that the Emgrand EV300 has is its price tag.

In China, the car is sold at 195,800 yuan before subsidies, or RM124,000 although the government gives an incentive that brings this down to 128,800 yuan or RM80,000.

At RM124,000, the EV300 may be on the expensive side for the Malaysian market. Designed as a B-class segment sedan, it seems a bit of a stretch for the average Malaysian B-segment buyer, which may hover at RM80,000 to RM90,000. But running an electric car can be cheaper than a petrol equivalent.

A very rough calculation reveals that even on Tenaga Nasional Bhd's most expensive tariff rate at RM0.57 per KWh, a full charge of the EV300 would cost about RM23.

Paying just RM23 to travel as far as 300km is significantly cheaper than even the most efficient internal combustion engine sedans, and this is not even factoring in the environmental impact.

Will the Geely EV300 be the basis for Malaysia's first mass market electric car? Will Malaysians be willing pay RM124,000 for a B-Segment sedan with electric drive?

At this point, it's too early to tell, but there is no doubt that this is a very exciting time for the Malaysian car market.​

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Re: ELECTRIC CARS
« Reply #50 on: August 07, 2017, 01:22:37 PM »

Online king

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Re: ELECTRIC CARS
« Reply #51 on: September 10, 2017, 06:09:06 PM »



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#BUSINESS NEWSSEPTEMBER 7, 2017 / 8:23 PM / 3 DAYS AGO
BMW gears up to mass produce electric cars by 2020
Edward Taylor, Irene Preisinger
4 MIN READ
A BMW logo is seen on a car during the 87th International Motor Show at Palexpo in Geneva, Switzerland, March 7, 2017. REUTERS/Denis Balibouse
FRANKFURT/MUNICH (Reuters) - Germany’s BMW (BMWG.DE) is gearing up to mass produce electric cars by 2020 and will to have 12 different models by 2025, it said on Thursday, as traditional manufacturers race to catch up with U.S. electric car pioneer Tesla (TSLA.O).

Car buyers shunned electric vehicles because of their high cost and limited operating range until Tesla unveiled the Model S in 2012, a car that cracked the 200 mile (322 km) range barrier on a single charge.

Since then, big advances in battery technology and a global crackdown on pollution in the wake of Volkswagen’s (VOWG_p.DE) diesel scandal have raised pressure on carmakers to speed up development of zero-emission alternatives.

BMW, which launched the ~ electric car in 2013, said it was now readying its factories to mass produce electric cars by 2020 if demand for battery driven vehicles takes off.

“By 2025, we will offer 25 electrified vehicles – 12 will be fully-electric,” Chief Executive Harald Krueger told journalists in Munich, adding the electric cars would have a range of up to 700 km (435 miles).

It marks a significant foray by a major manufacturer into electrification. BMW, which includes the Mini and Rolls-Royce brands and sold 2.34 million cars last year, announced the move on the day smaller rival Jaguar said it would offer electric or hybrid variants of all its models by 2020.

On Wednesday, Nissan unveiled a new version of its Leaf electric vehicle in its latest move to take on Tesla, the U.S. firm co-founded by Elon Musk that sold 83,922 vehicles last year.

ROLLS-ROYCE

Traditional carmakers have been slow to embrace the electric vehicle market because it remains unprofitable, largely due to the cost of batteries which make up between 30 percent and 50 percent of the cost of an electric vehicle.

A battery pack with 60 kWh capacity and 500 km range costs around $14,000 today, compared with a gasoline engine that costs around $5,000. Add to that the $2,000 for the electric motor and the inverter, and the gap is even wider.

But capacity investments into the battery sector may bring down costs of electric vehicles to a “tipping point” when they reach parity with combustion-engined equivalents some time between 2020 and 2030, according to analysts at Barclays.

With cities threatening to ban combustion-engined vehicles or to tax diesel cars more heavily, the total cost of ownership of electric cars could drop below their combustion-engined equivalents, and Europe could become a 100 percent pure battery electric vehicle market by 2035, according to analysts at ING.

The Frankfurt motor show, starting next week, will be used by BMW to unveil a new four-door electric car positioned between the ~ city car and the i8 hybrid sportscar, Krueger said.

“We will be increasing the share of electrified models across all brands and model series. And, yes, that also includes the Rolls-Royce brand and BMW M vehicles,” he said.

German rivals will also be showing electric cars, with Daimler’s (DAIGn.DE) Mercedes-Benz brand unveiling the EQA, a concept mass market electric car, Volkswagen taking the wraps off the ID Crozz.

Aside from vehicle cost, a key obstacle to making electric cars popular is the amount of time it takes to recharge, and a lack of charging stations.

London needs to spend 10 billion euros ($12 billion) to get charging infrastructure to a level where retail buyers can practically own an electric car, consultancy AlixPartners has said. Almost none of that spending has been earmarked so far.

Reporting by Edward Taylor; Editing by Alexander Smith and Mark Potter
Our Standards:The Thomson Reuters Trust Principles.

Offline Serje

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Re: ELECTRIC CARS
« Reply #52 on: September 20, 2017, 12:48:12 AM »
no doubt electric cars is the future of auto industry. no one would believe in Mask back in 90s but everyone adores him present days
http://www.bestpennystocks2017.com

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Re: ELECTRIC CARS
« Reply #52 on: September 20, 2017, 12:48:12 AM »