Audi set to invest in electric cars through billion-pound cost cutting plans

Audi aims to cut costs by 10bn euros (£8.9bn) by 2022 to help fund a shift to electric cars as it seeks to move on after the emissions scandal, sources close to the carmaker said. Audi, Volkswagen’s main profit driver, plans to bring five new all-electric models to market in coming years, starting with the e-tron sport-utility vehicle (SUV) to be assembled from 2018 in Brussels. Despite run-up costs for its electric-car programme, the luxury carmaker wants to keep its operating profit margin at 8 per cent a year at least, two…

Electric Cars: Challenges, Opportunities and Outlook to 2040

Britain will ban the sale of new petrol and diesel cars from 2040 in an attempt to reduce air pollution that could herald the end of over a century of popular use of the fossil fuel-guzzling internal combustion engine. Following are some of the possible challenges and consequences related to the decision:- Electric/ Hybrid Market Share In Europe, only 0.2 percent of new passenger cars sold were fully electric in 2016 (1.3 percent if hybrids are included). Threat to Jobs A combustion-engine car has 1,400 components to build the motor,…

Britain Joins the Shift to Electric Cars

The drive to switch to electric cars went a mile further last Wednesday when Britain joined France in pledging to end the sale of new gas and diesel cars by 2040. Norway and India have also said they want to get rid of gas and diesel cars, and at least 10 other countries have set targets for electric cars. All that is good news for the planet and for human health, even if caveats and challenges abound. Cars powered by gasoline or diesel are major polluters. The Volkswagen emissions scandal in the…

Europe Electric Car Sales Up 54%

Unbeatable Zoe The European passenger plug-in market had a near-record month in June, with 28,000 registrations, up 54% over the same month last year. For the year through June, the market is up 30% this year, with the EV share now standing at a record 1.5%. The Renault Zoe is a bit like cyclist Chris Froome — it seems no one can get the car out of the yellow jersey, with the French hatchback being once again the continent’s best seller. Tesla models profited from their usual last-month-of-quarter peak to…

Tesla’s Model 3 roll-out marks major leap towards electric cars for all

Tesla has made a major advancement toward its aim of making electric cars available to all with the roll-out of its latest Model 3 car. The first batch of the affordable electric vehicles emerged from the company’s California factory on Friday, kick-starting an ambitious production drive that many think could revolutionise the industry. More than 500,000 customers have placed deposits for the vehicles, which will now be produced at a rate of 5,000 a week, increasing to 10,000 a week next year. Tesla founder Elon Musk called the Model 3…

Top 10 Electric Cars On Sale Now

10 Toyota Prius Prime – $27,100 TOYOTA The Toyota Prius Prime is like a normal Prius that takes itself more seriously. It has plug-in charging capabilities, a bigger battery pack (and one less seat because of it), an extra electric motor, and even some carbon fiber sprinkled around. The car’s lithium-ion battery allows the Prius Prime to travel an estimated 25 miles on electric power, and then once it’s drained, the car is able to see 55 MPG city. In total, the car can manage a range of 640 miles,…

Rimac Automobili CONCEPT ONE:THE SUPERCAR OF THE FUTURE

Effectively the Bugatti Veyron of the EV world, this 221mph electric car is a way for the 1% to show that you can still be better than everybody else in a zero emissions world. With four electric motors and four separate gearboxes providing the equivalent of 1088bhp and a ridiculous 1200lb ft of torque, this breathtaking car can hit 60mph in 2.6s and tops out at Veyron-baiting speeds. An exterior produced almost exclusively from carbon-fiber joins forces with an advanced four-wheel-drive system that uses computer algorithms to distribute force unevenly…

Hyundai Ioniq Electric

Like Honda and Toyota, Hyundai proclaimed the superiority of hydrogen fuel cell technology over battery-powered EVs, and the Korean manufacturer put its money where its mouth was with the hydrogen-powered Ioniq. Hyundai hedged its bets however with hybrid and full-electric variants of the Ioniq. The latter is available for under $30,000 right now, and we think it will do much better than its hydrogen-powered counterpart. Hyundai Ioniq Electric looks…regular, and you’ll have to decide how you personally feel about that. It offers around 110 miles of range, which is under…

Nissan e-NV200 Combi – Best electric cars

Nissan was one of the first firms with a mainstream EV, and it’s the first with an electric MPV Here’s proof that the current crop of EVs come in all shapes and sizes. The Nissan e-NV200 Combi is a seven-seat people carrier that’s based on the NV200 van. While the commercial vehicle roots mean it’s a pretty agricultural drive, the e-NV200 offers the most space of any electric vehicle on sale. It has some bespoke styling cues to help it stand out from the regular NV200 van, all of which have been…

Tata Motors’ first electric vehicle set to hit Indian markets

Tata Motors is all set to reveal its first ever Electric Vehicle (EV) for the Indian market in September this year. The Tata Tiago EV is expected to borrow heavily from the Bolt BEV prototype, the electric version of the Bolt, according to reports. Tata Motors, in collaboration with its subsidiary, the UK based Tata Motors European Technical Centre (TMETC), has been working on battery-operated electric vehicles for quite some time. read more →