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Renault-Nissan-Mitsubishi Announce Alliance For EVs & Here Are The Details

The Renault-Nissan-Mitsubishi alliance is preparing for the next stage of its transformation towards a carbon-neutral business by entering into the electric vehicle space together. The electric car pioneers from this alliance will be investing US$26 billion in the next five years and the three companies will jointly develop and launch no fewer than 35 new electric models by 2030. The following tasks documenting the roadmap for the three automakers were shared-The Alliance aims to invest US$26 billion in the next five years to support its mammoth strategy in electrification and enhance the usage of common platforms to reach 80% in 2026.These are the CMF-AEV, KEI-EV, LCV-EV, CMF-EV, and CMF-BEV, with each one covering a different vehicle segment on the market. The CMF-BEV Alliance platform, currently under development, will be launched in 2024 to replace the Nissan Micra in Europe, the new Renault R5, and an Alpine product. The vehicle is planned to be manufactured at Renault ElectriCity, the electric industrial center in Northern France.Renault will lead development on common centralized electrical and electronic architecture to launch the first full software-defined vehicle by 2025.Mitsubishi Motors will toughen its presence in Europe with two new models based on Renault's best-sellers. Nissan is entrusted with the mass production and development of the Alliance's breakthrough solid-state battery by the middle of 2028 with the aim to “realize cost parity with ICE vehicles” to benefit all members. The first solid-state battery generation developed by Nissan is expected to have twice the energy density of current liquid Li-ion technology and take thrice shorter to a full charge. That's a rather ambitious plan, given that the world's largest car battery maker CATL claims solid-state batteries won't be entering mass production before 2030. To make electric mobility inexpensive for the masses, the alliance will work with common suppliers. To power the new electric cars, the partners said they planned to secure 220 gigawatts (GWh) hours of battery production capacity by 2030, providing a greater scale that would allow them to halve battery costs by 2026 and reduce them by 65% by 2028. The Alliance will target price parity of its solid-state battery vehicles with conventional internal combustion engine ones by bringing the costs down to US$65/kWh which, if achieved, would steer us into the true era of electric cars.Holding the three-way alliance together is a cross-shareholding relationship, with Renault owning 43.4% of Nissan, which in turn has a 15% non-voting stake in the French car company and a third of Mitsubishi Motors' stock. The Alliance will face stormy competition from bigger carmakers with deeper pockets, such as Toyota Motor, which in December 2021 pledged to spend $70 billion to electrify its fleet and the electric vehicle giant Tesla Inc. headed by business magnate Elon Musk. 

EV Ultimo Team

28-01-2022

Tesla Enters Cathode Business, Ambani Bets On Sodium & Here Is What It Means For The Future Of Batteries

Mukesh Ambani-led Reliance New Energy Solar, a wholly-owned subsidiary of Reliance Industries, has acquired sodium-ion battery technology company Faradion Limited for 100 million pounds. It’s also an energy corporation that focuses predominantly on fossil fuels. From smartphones to Tesla Inc. cars, lithium-ion batteries are needed everywhere but Asia’s richest man went to England for the good old sodium. The fact that its solar business has purchased Faradion indicates that it’s driving towards battery development.Faradion, the press release noted, has been one of the first to champion sodium-ion battery technology and has an extensive portfolio that covers many aspects of sodium-ion technology, providing some advantages over lithium-ion and lead-acid. The full list of advantages are:No dependence or use of cobalt, lithium, copper, or graphite.Patented zero-volt safe transport and storage.Low cost with the total cost of ownership compared with lead-acid batteries with the potential for more cost reductions.Uses existing lithium-ion manufacturing infrastructure which makes it scalable. Also, the company noted that it’s already been proven with several of its commercial manufacturing partners.Its energy density is also on par with lithium-ion phosphate and has a wider operating temperature range of -30℃ to +60℃.It also has fast charge and discharges capabilities."Becoming part of the Reliance group validates the incredible work our team has done in advancing sodium-ion technology. Together with Reliance, Faradion can bring British innovation to India and globally, as the world increasingly looks beyond lithium. We look forward to being part of India’s Net Zero mission,” Dr. Chris Wright, chairman, and co-founder of Faradion, touched upon how the new acquisition positively impacts Faradion. Reliance New Energy would also invest 25 million pounds as growth capital to accelerate the commercial rollout.Meanwhile, the Tesla CEO has revealed a major transition to the older battery chemistry- a necessity, because batteries are now in such high demand that the industry is steered for a materials supply bluff composed largely of nickel and cobalt. Tesla’s partner in this endeavor is CATL, the giant battery maker in China, where the technology was cultivated over the years and quietly advanced. Like most of the major cathode chemistries still in use today, the battery was developed in the US or European lab, but its future is squarely in China, which today manufactures 90 percent of LFP battery cells, according to Benchmark Minerals. Automakers are imagining many scenarios in the future similar to the existing microchip supply crisis, which is forcing them to make innovative choices. “The last thing I want to be doing is to negotiate with the Asian nations to ensure supply,” Robert Schilp, Ford’s director of purchasing for electric vehicles, warned at a conference last month. “We need to get it here.” A favored choice for US automakers encountering materials limitations is the high-nickel, low-cobalt cathodes as they permit automakers to load more range into vehicle batteries than switching to LFP would. Late 2021, Redwood Materials, a corporation best known for recycling battery materials, disclosed that it will enter the cathode-making business with plans to build a US factory that will deliver enough cathodes for 5 million electric vehicles by 2030. “When it comes to energy density, there's no better metal than nickel,” says Alan Nelson, Redwood’s senior vice president for battery materials. For Redwood, which plans to manufacture those types of cathodes, the design makes particular sense, he says, because the company’s approach of using recycled materials means it will not need to rely on any outside sources of cobalt- an enviable position in the industry. The company will, however, need to find raw sources of nickel, mostly likely from mines abroad."A huge advantage China has in building up battery manufacturing is that it also leads the US and Europe in demand for electric vehicles, says Hans Eric Melin, founder of Circular Energy Storage, a battery consultancy. “Where is everything happening? Where are the resources? Where are the leaders?” Melin asks. As TESLA has been a pioneer in the electric vehicles space, this move will make it easier for innovative battery makers to try out and scale up new formulations. Ambani's endeavor for sodium also comes after CATL's announcement that they would make a major push into producing sodium-ion batteries for cars, it does truly mean just ONE thing- no automaker is going to exclusively rely on lithium-ion batteries in the future. We are heading towards new tech age in battery options for the forthcoming electric vehicles.

EV Ultimo Team

27-01-2022

VW ID. BUZZ Arrived In Barcelona & Here Is Everything You Need To Know

When Volkswagen launched their latest MEB platform as the foundation to electric mobility, they vowed to electric vehicle enthusiasts a range of delightful EVs. After years of teasing, VW is finally about to project a more compelling model: the ID. Buzz, an electric tribute to the classic VW Microbus.VW revealed ID. BUZZ with a very neon concept and spy shots has demonstrated a very prosaic-looking white test mule. The production ID. Buzz should look somewhere in between the original and the concept. Expect two-tone paint as a nod to the classic VW Microbus. The face could feature a comparable horizontal light bar to the ID.3 and ID.4. The main difference the ID. BUZZ interior offers is tall elements including seats. The upright driving position is essential to deal with the relatively short front overhang of the electric van. Volkswagen recorded 372 miles of NEDC range which would work out to around 260 miles by EPA testing for the ID. Buzz concept. A secure bet would be somewhere in the 230-250-mile range, as with the ID.4 crossover. Volkswagen CEO Herbert Diess announced that the company would unveil the ID. Buzz on March 9th,2022. It could debut in Europe later in 2022 before arriving in the U.S. sometime in 2023 as a 2024 model year vehicle.

EV Ultimo Team

26-01-2022

Kinetic Green Partners With China Based Aima To Re-Enter Indian Two-Wheeler Market

Kinetic Green Energy & Power Solutions, revealed that they are entering into a coalition with China-based electric vehicle giant, Aima Technology Group. Kinetic and Aima are set for a long-term collaboration to co-design and develop electric two-wheelers for the evolving electric vehicle market in India. Aima shall assist Kinetic with innovation, support for modifications, and fast localization of the models to suit Indian customer requirements. Through this partnership, Kinetic plans to aggressively scale up the E2W business and build the capacity of 5-lakh units a year in the next two years. Together, they plan to launch at least three new models by FY2023 in India, including models from Aima’s new advanced high-speed scooter platform.SOURCE: MONEY CONTROL

EV Ultimo Team

25-01-2022

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