Electric bicycle manufacturer FREY has revealed that pricing details for its two brand new high-speed full suspension electric bikes --- the FREY EX and the FREY CC models. The two new e-bikes were officially introduced by FREY in September 2019.
At the unveiling of the two new e-bikes, FREY had not disclosed their prices. However, the prices of both the models have now been revealed by the company, which has also claimed that potential buyers have already started ordering the new e-bikes.
According to the pricing information disclosed by FREY for the new EX models, the cost of the entry-level EX Basic model is US $3,380, while the cost of the EX Advanced model is US $3,760, and the top-of-the-line EX Pro model is priced at US $4,010.
FREY has revealed that the EX Basic model is outfitted with one single removable 672 Wh battery, whereas the EX Advanced and EX Pro models are equipped with dual batteries.
Meanwhile, the cost of the FREY CC model, outfitted with one 840 Wh removable battery, is $2,980.
Overall, the new EX and CC models launched by FREY feature the Bafang Ultra motor which is underrated by the manufacturer at 1,000 W and 50 km/h (31 mph). The EX model will largely attract trail riders, while the CC model will apparently be preferred by riders looking for a fast and comfortable commuter e-bike.Business: Business NewsCompany NewsCompanies: FREYRegion: United StatesGeneral: FeaturedTNM
With the pace of adoption of electric vehicles (EVs) in Norway being the fastest in the world, the gas stations in the country are noticeably getting affected by the move towards electrification.
The widespread use of EVs in Norway has prompted gas stations to consider a change in their business models. With EVs increasingly taking over gas-powered vehicles, some gas stations in the country have either reduced their capacity or have shut down.
Moreover, at several gas stations across Norway, gas pumps have been replaced by EV charging points, in order to cater to the charging requirements of EV drivers. One of the gas stations at which all the gas pumps were replaced by EV chargers in September 2019 was the Circle K at the Aleksander Kielland site in Norway‚Äôs capital city Oslo.
Although gas pumps still deliver the core products at the gas stations, the demand for gas and diesel in Norway has already recorded a significant reduction. The reason behind the reduced demand for gas and diesel is that EVs presently account for more than 50% of the new cars sales in the country.
In reference to the rapid transition to EVs in Norway, Christina Bu -- from the Norwegian Electric Vehicle Association -- said that the move heralds ‚Äúa new era.‚ÄĚ Bu further added: ‚ÄúIt is a historic milestone that the gas station chains replace fossil fuel pumps with electric chargers.‚ÄĚRegion: NorwayBusiness: Auto SectorGeneral: FeaturedTNMCleanTech
In a recent announcement, German automaker Porsche and US aerospace company Boeing have revealed that they are partnering up for exploring the potential prospects in the Urban Air Mobility (UAM) market, including flying taxis.
According to a Memorandum of Understanding (MoU) signed by Porsche and Boeing, an international team will be created by the two companies for gathering an insight on new mobility applications
Furthermore, the independent new team will also address the diverse aspects of the UAM market. Towards that end, the team will analyze the market potential for premium vehicles as well as possible use cases.
Although no specific timeline has thus far been provided by Porsche and Boeing with regard to the expected launch of an urban air taxi, a concept for a fully electric vertical takeoff and landing vehicle (VTOL) is being developed by the two companies, in collaboration with Boeing‚Äôs Aurora Flight Sciences. Engineers at two Porsche subsidiaries -- Porsche Engineering Services GmbH and Studio F.A -- are also contributing to the development of the VTOL concept.
In reference to the UAM-related partnership between Porsche and Boeing, Steve Nordlund -- Boeing NeXt‚Äôs Vice President and General Manager -- said that the partnership with Porsche unfolds an opportunity for Boeing ‚Äúto investigate the development of a premium urban air mobility vehicle with a leading automotive brand.‚ÄĚCompanies: PorscheBoeingBusiness: Aviation SectorGeneral: FeaturedTNM
British vacuum cleaning specialist company Dyson has decided to shelve its ‚Äėground-breaking‚Äô plans to manufacture electric vehicles (EVs).
The surprise move by Dyson to discontinue its EV project was revealed by the company‚Äôs founder Sir James Dyson in a recent email to the employees. With regard to the reasons behind the move, Sir Dyson said that the company is apprehensive about the commercial viability of the EV project.
Highlighting the fact that the EV project had been shelved because of financial reasons, and not engineering reasons, Sir Dyson said in the email that the team working on the project had ‚Äútried very hard throughout the development process.‚ÄĚ He also added alongside that the company no longer sees a way to make the EV project ‚Äúcommercially viable.‚ÄĚ
As a result of Dyson‚Äôs plans to axe the EV project, the whopping ¬£2.5 billion amount which the company has already invested in the project will be rechanneled in the company‚Äôs other technology.
Dyson was previously planning to develop and manufacture EVs with unusual design and technology, including extraordinarily big wheels as well as the use of solid-state batteries. The company had said in the past that it plans to start the production of three EVs by 2021. The recent decision to cancel those plans will affect most of the more than 500 employees positioned at the company‚Äôs new base at Hullavington Airfield in Wiltshire.Business: Auto SectorCompany UpdatesCompanies: DysonRegion: United KingdomGeneral: FeaturedTNM
President Trump will be meeting senior trade advisers during a meeting at the White House. Financial markets are expecting better outcome for the 17-month long trade war between China and the United States.
Markets were expecting Chinese leadership and President Trump to reach a deal ahead of December 15 deadline for tariffs. Negotiations between officials have failed to reach any deal and tariff rollbacks are probably not on the cards.
Traders in China and United States have suffered due to tariffs but the resolution to the issue isn‚Äôt still in the sight. Reports also suggest that tariffs haven‚Äôt had any major impact on the U.S. economy or stock markets.
As per a Reuters report, ‚ÄúTrump‚Äôs advisers are divided about whether to proceed with the Dec. 15 tariffs and what impact such a move would have on U.S. financial markets, one source familiar with White House trade deal negotiating procedures said.‚ÄĚBusiness: EconomyRegion: ChinaUnited StatesPeople: Donald TrumpGeneral: FeaturedTNM
According to German newspaper FAZ, electronics giant Bosch is planning to manufacture new silicon carbide (SiC) semiconductors at its factory in Reutlingen. For deploying a pilot line for new SiC chip at the factory, Bosch has reportedly planned an initial investment in the ‚Äúthree-digit million range.‚ÄĚ
The first sample of the new SiC chip will be officially presented by Bosch in 2020.
About the new chips, a press statement released by the Bosch headquarters has revealed that the SiC chips are made of a ‚Äúmiracle material.‚ÄĚ Bosch has also asserted that the SiC chips have more electrical conductivity as compared to regular silicon chips.
Going by Bosch‚Äôs claims, the new SiC chips can lead to an increase of up to 6% in the driving range of an electric vehicle. Moreover, the advantage of the new chips in terms of power electronics is that they can ensure 50% lower energy loss in the form of heat. The reduced heat loss of the new SiC chips and their capability to work at much higher operating temperatures can yield significant cost savings for manufacturers, because they can downsize their expenditure on the cooling of the powertrain components.
With regard to the potential savings enabled by the new SiC chips, Bosch said in its press release: ‚ÄúThis saving translates into more efficient power electronics and more energy for the electric motor and therefore for the battery range.‚ÄĚBusiness: Company NewsElectronicsCompanies: BoschRegion: GermanyGeneral: FeaturedTNM
Chinese battery manufacturer CATL has been officially granted the requisite approval for starting the new construction of its battery cell factory in Erfurt, Germany.
CATL has revealed that the go-ahead for the company‚Äôs new battery cell factory construction has been given by Anja Siegesmund, the Minister of the Environment for the Thuringia region. The approval from the Thuringian State Office for the Environment, Mining and Nature Conservation (TLUBN) was eagerly awaited by CATL before commencing the new construction of its Erfurt battery cell factory.
With the official approval now having been received by CATL, the company‚Äôs European head Matthias Zentgraf has said that the ground-breaking ceremony at the factory will likely take place in the 2019 fourth quarter.
Zentgraf also said that CATL previously planned to hold the ground-breaking ceremony at the battery cell factory in mid or late September 2019. However, the ceremony was been postponed because the company had not got the due approval from the German authorities.
CATL was earlier planning to commence the battery cell production at the Erfurt factory in 2021, and was aiming at an annual production capacity of 14 GWh. However, the company later expanded its original plans. Initially, CATL‚Äôs Chinese headquarters had planned a EUR 240 million investment in the factory by 2022, but in June this year, the planned investment was substantially increased to EUR 1.8 billion by the CATL board of directors.Business: Auto SectorCompany UpdatesEnergy SectorCompanies: CATLRegion: GermanyGeneral: FeaturedTNM
In a recent announcement, the Government of Scotland has revealed the first results of its eBike Grant Fund that enables the purchase of electric bikes across the country.
The eBike Grant Fund is part of the Scottish Government‚Äôs 2018-launched campaign to encourage people to use e-bikes or cargo pedelecs, especially on short journeys. A total amount of ¬£273,000 has thus far been granted by the Government in round three of the eBike Grant Fund, with some more grants likely to come through before the end of 2019.
In announcing the first results of the eBike Grant Fund, the Government said that the fund has enabled the purchase of more than 100 e-bikes by 19 organisations throughout Scotland for the period 2019-20 so far.
More specifically, Ellie Grebenik -- Senior Programme Manager, Scottish Transport at Energy Saving Trust -- said that the eBike Grant Fund has supported 19 organizations in purchasing ‚Äú113 e-bikes and 11 e-cargo bikes, along with four e-trikes and three trailers‚ÄĚ in 2019 to date. Grebenik also added that e-bikes and e-cargo bikes offer health benefits, and reduce pollution and costs of transportation.
With the purchase of more than 600 e-bikes having been supported by the eBike Grant Fund since its launch, Michael Matheson -- Cabinet Secretary for Transport, Infrastructure and Connectivity -- said that the funding is part of the Government‚Äôs ambition ‚Äúto develop an Active Nation,‚ÄĚ where the opportunities to walk and cycle are available to more people than ever before.Region: ScotlandBusiness: Auto SectorGeneral: FeaturedTNMCleanTech
For the ‚ÄėEVolution Road‚Äô research project in Sweden, a Solaris Trollino trolleybus -- manufactured by Poland-based bus and coach maker Solaris -- will be test driven on a special electric-vehicle (EV) charging track in Lund city.
The ‚ÄėEVolution Road‚Äô research project has been initiated by Elonroad, in association with the University of Lund and Sweden‚Äôs Transport Ministry. The other partners in the EUR 9-million project include Solaris, the municipality of Lund, Innovation Sk√•ne AB, Kraftringen Energi AB, Sk√•netrafiken, and Ramboll AB.
The research project involves the construction of a special road track on which the batteries of EVs will be charged both while driving and at a halt. To enable on-track and stationary charging of EV batteries, segments of conductor rails --- each of one-meter length -- will be laid on a one-kilometre stretch. The power supply on the sections of the rail will be switched on for EV charging immediately when the EVolution Road identifies an approaching EV.
The vehicle which has been selected for test driving on the special EV-charging road track is a Solaris Trollino trolleybus. For the test drive, Solaris will install a special device underneath the bus, to enable its recharging from the conductor rails entrenched in the ground. The charging systems in the Trollino trolleybus will be developed and integrated by Solaris.
The commencement of the EVolution Road construction is scheduled for 2020 first quarter. The entire project will run for a period of three years.Business: Auto SectorCompanies: SolarisRegion: SwedenPolandGeneral: FeaturedTNMCleanTech
US electric vehicle startup Bollinger Motors has presented new versions of the Jeep-like Bollinger B1 electric utility truck and the Bollinger B2 electric pickup truck.
The introduction of the latest B1 and B2 versions by Bollinger have come at a time when the startup is nearing the production of the two trucks. With Bollinger having previously unveiled the early versions of B1 and B2, the latest versions of the trucks are apparently much closer in appearance and features to their expected production versions.
Going by indications from the latest versions of the B1 electric utility truck and the B2 electric pickup, the latest production specifications of the two trucks include 120 kWh battery pack, dual motors, 614 horsepower, 668 lb.-ft. Torque, and a two-speed, high/low range gearbox.
In addition, the new B1 and B2 versions also indicate that the payload capacity of the trucks will be 5201 lb., while the towing capacity will be 7500 lb. The trucks will have 7.8 power/weight ratio, 11.75-inch vented brakes, 4-wheel anti-lock inboard discs, and 15-inch ground clearance. The top speed of the trucks will be 100 mph, and they will achieve 0-60 mph acceleration in 4.5 seconds.
With the latest versions of the B1 electric utility truck and the B2 electric pickup having now been unveiled, Bollinger has said that the details related to the production timeline and the pricing of the trucks will be disclosed in the ‚Äúcoming months.‚ÄĚCompanies: Bollinger MotorsGeneral: FeaturedTNMProduct LaunchRegion: United States