Posts belonging to Category h Mobil



Hyundai Motor says it’s in early talks with Apple to develop a car

Shares soaring 19%

Shares of Hyundai Motor surged 19% after the South Korean automaker said it was in early-stage talks with Apple over potentially working together to develop an electric car. “We understand that Apple is in discussion with a variety of global automakers, including Hyundai Motor. As the discussion is at its early stage, nothing has been decided,” a representative from Hyundai Motor told CNBC’s Chery Kang.

The statement followed a local report from the Korea Economic Daily that said Apple suggested the tie-up and Hyundai Motor was reviewing the terms. The report said both electric vehicle production as well as battery development were included in the proposal, and that the car could potentially be released in 2027.

https://www.cnbc.com/

Elon Musk wants to move humanity away from fossil fuels

How society could transition all its energy usage toward sustainable sources

The plan, outlined at the company’s Battery Day on September 22, involves massively increasing battery production. More batteries mean more places to store electricity. That also means more ways to use electricity from intermittent sources like solar and wind. When a solar panel generates electricity during sunshine, or a wind turbine on a gusty day, a battery can help provide that clean energy 24 hours a day. It can then be used in homes and businesses – or even transferred to other batteries, like in electric cars.

“To accelerate the transition to sustainable energy, we need to produce more [electric vehicles], they need to be affordable,” Musk said during the on-stage presentation at the Tesla Design Studio. “And a lot more energy storage, while building factories faster and with far less investment.”

Declaring that “tera is the new giga,” Musk explained how society needs to produce batteries on the order of Terawatt-hours per year. Battery production in 2019, according to Musk, measured 0.1 Terawatt-hours for electric cars and 0.006 Terawatt-hours for other uses. The sources for these figures were electric vehicle database EV-Volumes and analysis firm IHS Markit.

https://www.inverse.com/

Apple wants to build its first car in 2024

Central to Apple’s strategy is a new battery

Apple Inc is moving forward with self-driving car technology and is targeting 2024 to produce a passenger vehicle that could include its own breakthrough battery technology.

The iPhone maker’s automotive efforts, known as Project Titan, have proceeded unevenly since 2014 when it first started to design its own vehicle from scratch. At one point, Apple drew back the effort to focus on software and reassessed its goals. Doug Field, an Apple veteran who had worked at Tesla Inc, returned to oversee the project in 2018 and laid off 190 people from the team in 2019.

Since then, Apple has progressed enough that it now aims to build a vehicle for consumers, two people familiar with the effort said, asking not to be named because Apple’s plans are not public. Apple’s goal of building a personal vehicle for the mass market contrasts with rivals such as Alphabet Inc’s Waymo, which has built robo-taxis to carry passengers for a driverless ride-hailing service. Central to Apple’s strategy is a new battery design that could “radically” reduce the cost of batteries and increase the vehicle’s range, according to a third person who has seen Apple’s battery design.

https://www.reuters.com/

Tesla (NASDAQ:TSLA) is predicted to be the next trillion-dollar company

There’s still a way to play the EV boom 

Over 3,000 investors with over $110 trillion in assets under management can’t be wrong … That $110 trillion supports “responsible investment”, or ESG investing for a more sustainable future. Some of that $110 trillion dollars is now squarely focused on the electric vehicle (EV) industry. And Tesla (NASDAQ:TSLA) is predicted to be the next trillion-dollar company, with stocks soaring more than 300% this year thanks to record demand, record deliveries and even record-breaking revenues and profits.

Investors in EV delivery and utilities darling Workhouse Group (NASDAQ:WKHS) have seen 700% gainsChinese EV hot shot Nio (NYSE:NIO) is up nearly 950%Plug Power (NASDAQ:PLUG)–an EV tie-in that is producing hydrogen fuel cell systems–has witnessed a gain of over 530% this year alone. These gains have been remarkable. 

https://oilprice.com/

Oil Major Total, Carmaker PSA Set Up $6B EV Battery Venture

Ensuring industrial independence in Europe for the conception and manufacture of batteries

Supermajor Total continues to invest in clean energy by creating a joint venture with automaker Groupe PSA to manufacture batteries for electric vehicles in Europe—a project expected to mobilize investment of more than US$5.9 billion (5 billion euro). Total, via its subsidiary SAFT, will contribute to the project with industrialization and research and development (R&D) expertise, while PSA will contribute its automotive production experience, the French oil giant said in a statement.

An R&D center in Bordeaux and a pilot site in Nersac, France, have already launched work to develop new high-performance lithium-ion technologies. The companies plan to launch mass production after the R&D phase ends at two gigafactories in Europe, one in Douvrin, France, and one in Kaiserslautern, Germany. The joint venture plans to “ensure industrial independence in Europe for the conception and manufacture of batteries, with an initial capacity of 8 GWh, reaching a cumulative capacity of 48 GWh on both sites by 2030,” Total said.

https://oilprice.com/

Xpeng, a Chinese Rival to Tesla, Raises $1.5 Billion in U.S. IPO

Shares of electric-car maker jump 41% on the first day of trading in the U.S

Xpeng Inc., one of Tesla Inc.’s Chinese rivals, raised $1.5 billion through an initial public offering in the U.S., more than initially planned, because of high investor demand.

Xpeng sold 99.73 million American depositary shares at an offer price of $15 Thursday. That was more than the 85 million shares that were previously planned, and the offer price was higher than the initial guidance of $11-$13.
Shares  jumped as much as 67% after its U.S. market debut on Thursday, as capital markets continue to reward new listings in what has been one of the best years for IPOs since the dotcom boom.

https://www.reuters.com/

U.S. Offshore Wind Industry To See Explosive Growth

 US$166 billion in offshore wind investment in the United States by 2035

Offshore wind has the potential to become a major industry in the United States over the next decade, unlocking billions of U.S. dollars of investment and creating thousands of jobs.

From California’s coast to the Atlantic Coast, the U.S. has the resources to support a large offshore wind industry, but so far, the United States has been lagging behind Europe and Asia in the development of offshore wind. The reasons for slower offshore wind development so far in America are not only the costs of technology. The regulatory and political background has also played a role in the U.S. having just 42 megawatts (MW) of installed offshore wind capacity as of today.

Smoother processes of leasing and permitting of offshore wind projects could facilitate up to US$166 billion in offshore wind investment in the United States by 2035, Wood Mackenzie said in recent research commissioned by the American Wind Energy Association (AWEA), the National Ocean Industries Association (NOIA), the New York Offshore Wind Alliance, and the University of Delaware’s Special Initiative on Offshore Wind.

https://oilprice.com/

Green Hydrogen Prices Are Set To Drop By 50% During The Next Decades

Three renewable power generation technologies

Hydrogen, the most abundant element in the universe, has been stealing the spotlight from EVs and renewables lately. From a sort of boutique car fuel a couple of decades ago, hydrogen has evolved into one of the clean energy priorities for the future. And this future may be quite bright for it as prices for its production from renewable sources of energy are set to halve. A study commissioned by the International Council on Clean Transportation has found that the average price for a kilo of hydrogen produced through electrolysis using solar or wind power will fall by about 50 percent between 2020 and 2050 in the United States and Europe.

The stuffy examines three scenarios based on whether the electrolyzer—the installation that breaks down water into hydrogen and oxygen—is connected to the grid, to a renewable electricity generator, or is grid-connected but serves as a storage facility. It also looks into three renewable power generation technologies, including utility-scale solar, onshore wind, and offshore wind.

https://oilprice.com/

Is Hydrogen The Future For U.S. Power Companies?

Europe  far ahead of the United States in the shift to renewable energy

Last month, the European Union set out a comprehensive hydrogen strategy as part of its goal to achieve carbon neutrality for all its  The EU has an ambitious target to build out at least 40 gigawatts of electrolyzers within its borders by 2030 and also support the development of another 40 gigawatts of green hydrogen in nearby countries that can export to the region by the same date. The announcement came as little surprise, given that Europe is regarded as being far ahead of the United States in the shift to renewable energy.

But the hydrogen bug has finally arrived stateside: The U.S. Department of Energy has unveiled the H2@Scale initiative whereby a handful of companies including Cummins Inc. (NYSE: CMI), Caterpillar Inc.(NYSE: CAT), 3M Company (NYSE: MMM), Plug Power Inc. (NASDAQ: PLUG) and EV startup Nikola Corp. (NASDAQ: NKLA) will receive $64 million in government funding for hydrogen research projects.

Hot on the heels of the DoE initiative: American electric utility and renewable energy giant, NextEra Energy Inc.(NYSE: NEE), has unveiled an equally ambitious plan to start replacing its natural gas-powered plants with hydrogen.

https://oilprice.com/

Tesla shares surge past $1,000

Musk revs up the Semi

Tesla Inc’s (TSLA.O) stock jumped above $1,000 a share on Wednesday after Chief Executive Elon Musk told his staff it was time to bring the Tesla Semi commercial truck to “volume production.”

Musk, in an email seen by Reuters on Wednesday, did not specify a time frame for ramping up production of the Semi. Musk on Wednesday tweeted “Yes” to a question on Twitter about whether the report of the leaked Semi truck production email was accurate.

Tesla’s shares rose about 6% to hit $1,000 on Wednesday after Reuters reported Musk’s email, making the Silicon Valley company the second-most valuable automaker in the world, behind Japan’s Toyota Motor Corp (7203.T). Tesla’s share surge could position Musk for another payout from a stock compensation plan tied to the company’s market capitalization.

https://www.reuters.com/

The world’s biggest electric vehicle battery makers

Bitter row between South Korea’s SK Innovation and LG Chem risks exacerbating the potential shortfall

Asian companies dominate the market for electric vehicle (EV) batteries and they are expanding their production capacity in Europe, China and the United States in a fight to win lucrative contracts from global automakers. Some carmakers worry, however, there won’t be enough batteries for all the EVs they plan to launch in the coming years and a bitter row between South Korea’s SK Innovation and LG Chem risks exacerbating the potential shortfall.

Below are details of the world’s leading EV battery makers with details of their customers and expansion plans.

https://reuters.com/

The Energy Transition in 4 Charts

The world risks relying on fossil fuels for decades to come 

Even under an aggressive-action scenario, the outlook is dim for keeping global warming below 2° C, with emissions plateauing but not yet falling in the 2030s.
“The energy mix is changing only gradually, and the world risks relying on fossil fuels for decades to come,” Wood Mackenzie president Neal Anderson writes.

“Despite great efforts to reduce costs in renewables, electricity, zero-carbon technologies and advanced transportation — not to mention burgeoning support in governmental policies — it is not enough,” Anderson said.

“Our analysis sees carbon emissions continuing to rise into the 2020s, with growth slowing only in the 2030s. As a result, our Energy Transition Outlook (3° C) and Carbon-Constrained Scenario (2.5° C) fall outside the 2° C or lower trajectories.”

https://www.greentechmedia.com/

Tesla Gigafactory in Shangai To Be Complete In Summer Of 2019

10% of the total planned capacity of the plant

The breakneck pace of work at Tesla’s Shanghai Gigafactory continues with the announcement that the company has started an energy conservation assessment in cooperation with several governmental agencies. In a further update, Chinese media noted that the project would be completed in the summer of 2019.

The first phase of the Tesla Gigafactory in Shanghai is only an estimated 10% of the total planned capacity of the plant and will be producing the first cars by the end of this year.

The factory will produce Tesla’s smaller Model 3 and Model Y vehicles, launching with the Model 3 and starting production of Model Y essentially in parallel with production in the United States (at Tesla’s Gigafactory 1 in Nevada).

http://www.cleantechnica.com

The Boring Company wants to prove it can send 4,000 vehicles traveling at 155 mph through its tunnels every hour

Must be seated & belted for high speed safety

Elon Musk revealed what’s next for The Boring Company in a series of tweets, a day after he demonstrated how the underground tunnels the startup is developing would operate in Los Angeles.

“Next step for @BoringCompany Loop is demonstrating high throughput at high speed. Target is 4000 vehicles/hour at 155mph (250km/h),” he said.

Musk said the company will offer vehicles in a range of sizes for passengers in its proposed underground tunnel system.

“A variety of vehicles, like normal roads, from a small car to a densely seated bus. Must be seated & belted for high speed safety,” he said.

http://businessinsider.com

Flurry of electrifying announcements from the auto industry

Mercedes challenges Tesla with an all-electric SUV

Mercedes-Benz unveiled its first fully electric SUV today in Stockholm, the first in a long line of electric vehicles the automotive juggernaut will roll out over the coming years as part of its new EQ sub-brand. The EQC will run to 60 mph in under five seconds, go 200 miles between charges, and when it enters production in 2020, it will find itself in a world of increasingly fierce competition.
The EQC unveil comes amid a flurry of electrifying announcements from the auto industry. Later this month, Audi will debut its own electric SUV, the e-Tron. BMW just began taking orders for its upcoming iX3 electric SUV. Tesla is showing the production version of its gobsmacking, revived Roadster at the Grand Basel motor show in Switzerland this week. Jaguar is gearing up to start US deliveries of its much-lauded electric i-Pace later this year.

http://www.wired.com