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Good morning, good afternoon and good evening wherever you are in the world, welcome to EV News Daily for Monday 8th October 2018. It’s Martyn Lee here and I’ve been through EV story today so you don’t have to.
Thank you to MYEV.com for helping make this show, they’ve built the first marketplace specifically for Electric Vehicles. It’s a totally free marketplace that simplifies the buying and selling process, and help you learn about EVs along the way too.
Thank you to yet another Patreon Executive Producer. You are the man BRIAN WEATHERALL.
Update and correction: last week I told you about this story: "According to a senior BMW executive, Klaus Frölich, Lithium-ion cells that can store the standard 1 kWh unit of electrical energy cost $170 to $250 (€100 to €150).“It’s very simple,” says Frölich. In EVs with 90 to 100kWh battery packs, the cell cost alone will be $17,000 to $25,000.“
Dr Max Holland dropped me a line, he writes for Clean Technica amongst other things, and has become my go-to person for fact checking and accuracy on some things. He says "Martyn, it was an Australian article. AUD$170 = USD$120. So his figures are not totally incorrect". and "in fact Frölich gave the figures as 100Euro to-150Euro then the Australian journalists translated currencies and further inflated the figures a bit." And he sent me a better, more accurate article.
"“If you read in the press that if you have full-scale 1kWh of battery capacity, it will cost you between €100 and €150 ($A160-$240). This means if you (have) these cars with 90-100kWh, the cell cost will be €10,000 to €15,000 ($A16,000-$24,000). You can produce whole (ICE) cars only with the cost of the battery. Mr Froehlich said it was unlikely “that an electrified vehicle will cost the same as a combustion engine car”, adding that too much fast charging of an EV could have a negative impact on batteries. You have to change your attitude if you are driving a battery electric vehicle,” he said."
And on the subject of 48volt hybrids: "All combustion engines by 2025 need 48 volts or something for fuel consumption. That is the reason why I am not investing too much in the first generation that is belt-driven alternator, 8-10kW. Of course they do not offer a lot of functionality. So I am working on the second generation. I see it beyond 2022. I am working on it. They will have bigger battery of 48-volt. They will include the e-motor in the transmission. And they will generate more than 20kW."
AUTO FIRM FARADAY FUTURE WANTS TO SCRAP STAKE SALE TO EVERGRANDE HEALTH
"Faraday Future, a start-up that is developing electric vehicles, is seeking arbitration to terminate a deal to sell a 45 percent stake to China’s Evergrande Health Industry Group Ltd, the healthcare firm said on Sunday." according to a report from Reuters coming out of Hong Kong late this evening on Sunday night "Evergrande Health, a subsidiary of property developer China Evergrande Group, said in June it would buy 45 percent of Faraday Future. Evergrande said it had agreed to buy Season Smart Ltd, owner of 45 percent of Faraday Future, for $860.2 million. It also said it agreed to pay Faraday Future $1.2 billion in two equal instalments, due in 2019 and 2020. Evergrande said in Sunday’s stock exchange filing it had paid Faraday Future $700 million in July. It said this amount was paid at [Faraday Future's] request, after the firm had spent Smart Season’s initial investment of $800 million." And from The Verge: "The new financial trouble comes at a critical time for Faraday Future. The company has spent all of 2018 retooling a factory in Hanford, California, where it plans to manufacture its first car, an ultra-premium electric SUV called the FF91, by the end of the year. Even that process has stumbled, though, as The Verge learned that the company’s first and only preproduction version of the car — the first thing to be made at the Hanford facility — caught fire in late September."
TESLA TO IMPROVE DASHCAM AND ADD MORE CAMERAS
Tesla drivers who have downloaded Software 9.0 may have tried out the new dashcam features, and some feel the quality isn't yet...