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Home / romania / Corporate self-report: Polestar (Volvo), direct competitor of the Tesla Model 3; The inexplicable Canadian replica of Tesla inaugurated its Chinese factory; Nobody builds freight stations, electric car makers are in charge – Finance & Banking

Corporate self-report: Polestar (Volvo), direct competitor of the Tesla Model 3; The inexplicable Canadian replica of Tesla inaugurated its Chinese factory; Nobody builds freight stations, electric car makers are in charge – Finance & Banking

The new luxury electric car will be available only online, but also on a "monthly subscription" basis. "But the small electric power has only three wheels and it was well planted in China." Manufacturers of electric vehicles are doing their best they also offer the battery charging infrastructure

  • Polestar de Volvo, direct competitor of the Tesla Model 3

A brand of performance cars, launched from Volvo, announced on Wednesday that it will launch its first fully electric car. Polestar 2 will be a direct competitor of the Tesla Model 3. The basic price will be 40,000 euros, as well as for Model 3. Like Tesla, Polestar will initially only produce the most expensive versions, which in the first 12 months will cost 60,000 euros.

Production will begin in the first half of 2020 in China, the country of Geely Holding Group, the company that owns Volvo and co-owns Polestar. The four-door and full-drive car will have two electric motors and a range of 500 km. The company promises acceleration from 0 to 100 km / h in less than five seconds. An optional performance package will include shock absorbers, brakes and tires for better handling. Like the Tesla cars, Polestar has "vegan" interior fabrics instead of leather. Controllers may use smartphones as remote keys such as those of Tesla. An optional pilot package will provide leadership assistance, rope tape maintenance and free driver parking at the wheel.

While the machine will be available to buyers, the company will strongly support a subscription program where users will pay a monthly amount that will include the price of the insurance and the car fee. No quantities yet been announced. The cars will be available for customers who prefer to buy them. Polestar will only be sold online through

Polestar 1, the first car of the brand, is a hybrid complement of high performance, produced in limited series. Polestar 3, which has not yet been described, will be a fully electric SUV, the company announced.

Polestar was originally the name of a Swedish company, Polestar Performance, which created versions for Volvo cars. Volvo bought the company in 2015 and added its name to the versions of its own tuners for its performance. The Polestar name will continue to be used for the Volvo hybrid and electric tuned for performance, along with the brand's own cars. (CNN Business)

  • The inexplicable Canadian replica of Tesla officially inaugurated the factory in China

Electra Meccanica, the company in Vancouver, has confirmed that the production of a cheap electric car with a seat began its capacity in the center of China. Solo EV has only three wheels, a range of 100 kilometers (160 km), 15,500 dollars and can be charged at home in less than six hours.

In May of 2018 the deliveries of components of the industrial group Zongshen for vehicles mounted in British Columbia, Canada began. Now, the company is looking to increase production and officially inaugurated the Zongshen assembly facility in Chongqing Province. Electra announced on Monday that it will produce 50 vehicles in the quarter, up to 5,000 units by the end of the year. The company also develops Tofino, an electric sports roadster, and in November 2018, had prior orders for a total of 64,000 units, worth 2,480 million dollars. Most orders went to Tofino.

The first American trader was opened in 2018 in California, where the company expects the rapid adoption of electric cars. With a capitalization of only 126 million dollars, the shares of the company are traded on Nasdaq. They had a strong volatility in the last 52 weeks, from a minimum of 90 cents to a maximum of $ 8.25. On Tuesday morning, the price was $ 3.89. (CNBC)

  • If no one builds freight stations, car makers are in charge

A few years ago, car companies answered questions about electric car refueling stations in unison: "It's not my job!" Today they began to realize that no one else would begin to build them on the scale necessary to boost sales of battery cars, so they have to do it. "Reloading the infrastructure is a tight place," says Andreas Tschiesner, Chief of McKinsey & Co. Division of Automotive. Car makers have to "make the ball roll, because nothing will go by itself".

Volkswagen, Daimler, Ford Motor and BMW join forces to create Ionity, a company that manufactures freight stations in Europe. VW has formed Electrify America, a unit that will invest two billion dollars in the EE stations. U., And the German company is looking for a similar model in China. Porsche installs the merchant stations and works with Siemens and BMW to develop an ultra fast charge. And the big Japanese manufacturers have created a company that promotes fast charging.

It is necessary to move because manufacturers around the world prepare to flood the market with electric vehicles. They will spend 225,000 million dollars in 2023 to develop more than 200 models, reports AlixPartners. General Motors Co. expects to sell annually a million electric cars in 2026. Volkswagen says that it will have 50 models of this type in 2025, BMW will have 12 and Renault eight. To convince customers to buy it, "they need to develop a positive charge experience," says Colin McKerrracher, analyst at BloombergNEF.

Approximately 80 percent of today's charges are at home or in the office, but surveys indicate that constant supplies are a major concern for consumers: 41 percent of Germans and 36 percent of France fear they will not be able to recharge their Batteries, much more than those that cite the insufficient autonomy as an impediment to pass the electric one. As technology grows, more and more buyers will be owners and other car owners who will not have parking space with easy access to an outlet. The International Energy Agency estimates that the world fleet could be 30% electrical in 2030, which will require 30 million public stations, 50 times more than now. Fast charging stations need eight clients a day to cover their costs, and now many are struggling to get at least half the need, says BloombergNEF.

There is a risk that, if manufacturers build their own networks, the load becomes more atomised than it is. There are more than a dozen types of jacks with at least eight loading speeds. "When traveling further you need a fast charge," says Hakan Samuelsson, CEO of Volvo Cars, who presented in February the first fully electric car: "Unfortunately, we have a small jungle" of different systems today. The exception among manufacturers is Tesla Inc., which began to build so-called supercharges since 2012 to serve its car buyers. Tesla has about 13,000 devices in more than 1,400 locations on four continents. It is not surprising that Tesla is a market leader with around 400,000 cars sold since 2010. Even so, the company's stations are not easy to find and are not always operational. As extensive as it is, the network "will no longer be relevant if Tesla sells a million cars every year" as model 3 increases, says Ashish Khanna, a colleague of L.E.K. Consulting, which advises companies that switch to electric cars. "He will certainly have to build."

Ionity built the first fast freight station in Germany in April. By the middle of 2020 it will have 400 in Europe, one for every 120 km in the superstores of the continent. The network will offer compatible charging devices with most machines in circulation and 50% more efficient than Tesla, capable of adding up to 200 km of autonomy in eight minutes. As current cars can not charge so fast, Porsche expects to launch Taycan next winter, an electric sedan that will benefit from all the advantages of the Ionity Network. And Electrify America LLC, funded with the money paid by Volkswagen in its diesel tests, says it has more than 100 locations and that in July it will have 500 for most models. "The lot of cars comes," says Brendan Jones, COO at Electrify America. "We want our infrastructure ready." (Bloomberg Businessweek)

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