Hyundai Motor Group to launch BaaS in South Korea this year

The Hyundai Motor Group aims to launch a battery subscription service in South Korea in the second half of this year. According to a company official, it is currently in the service demonstration stage and will roll out utilisation plans upon completion. Additionally, the company faces a legal hurdle in introducing BaaS in the home market. The current ‘Automobile Management Act’ in South Korea bars companies from launching a battery subscription service. It states the battery is a product linked to the car and doesn’t allow automakers to separate its ownership. The government is already working on an amendment to give interested companies like HMG the green signal to launch BaaS. HMG will offer BaaS in commercially available vehicles like the Kia Niro Plus. The Purpose-Built Vehicle (PBV) based on the first-gen Kia Niro Electric uses a 150 kW/395 Nm motor and a 64 kWh battery pack and can travel 392 km on a full charge. It costs KRW 46 million (approx. €31,000) onwards and its price includes a 10-year/200,000 km warranty for the high-voltage battery pack. The traction battery pack is the most valuable single component of an EV. In South Korea, it accounts for about 40% of the cost of an electric car worth KRW 50 million (approx. €33,500). Excluding the battery’s full cost can lead to a significantly lower upfront retail price, making them significantly more affordable. Battery swapping will give customers more flexibility, as they can upgrade to a more advanced battery pack when they need more range or downgrade when they don’t need as much range and want to save more. businesspost.co.kr (in Korea), bloomberg.com (paywall)

CTEK and APCOA join forces on electric car charging in UK car parks

CTEK will be installing an undisclosed number of Chargestorm Connected 3 (CC3) charging stations in APCOA car parks. The CC3 chargers are ready for bidirectional charging in line with the ISO 15118 standard, which also enables drivers to feed energy back into the grid for load balancing if suitable technology is installed in the vehicle and the grid utility is similarly technologically prepared. CTEK specialises in load-balancing capabilities for grids and is ensuring that the technology it installs is future-proof. The chargers are also similarly Plug&Charge ready, ensuring interoperability and secure transactions between the vehicle and the charger. The charging power of the stations is not enormous, delivering up to 22kW, as is suitable for charging while the car is parked anyway. The CTEK CC3 charging stations support the latest Open Charge Point Protocol, ensuring interoperability with various systems. The initial implementation phase in this new cooperation includes installations in car parks managed by Hillingdon Council in West London and 37 railway station car parks operated by APCOA for Govia Thameslink Railway (GTR). This will mark a continuation of APCOA’s focus on electric car charging in UK car parks. Currently, APCOA car parks in the UK already feature over 1000 EV charge points, with an additional 300+ installations planned for this year. The company says that existing charge points serve important destinations, which include rail stations, hospitals, educational institutions, hospitality venues, retail centres, local government sites, and airports. Just over a year ago, the company gave the green light for 500 chargers in UK car parks. Both companies are proactively embracing the latest technologies to reduce emissions as well as city traffic. APCOA points out that it decreases the volume of logistics traffic and vehicles searching for parking for which it also utilises its digital services and intelligent Traffic Management System. Via its open digital platform, APCOA Connect, the company also connects on-street and off-street car parks with owners, partners, customers and their vehicles. APCOA is using this technology to transform its car parks into urban hubs that create the physical and digital infrastructure for mobility, logistics and EV charging. CTEK offers electric vehicle solutions range from individual chargers, to larger corporate and commercial installations with multiple charging stations that require grid load balancing (hence the bidirectional charging capability) and integrate with monitoring and payment equipment. In 2020, CTEK and Brighton-based EVC announced a new partnership for CTEK to supply 100,000 chargers. ctek.com

Ferrari plans battery swap programme for plug-in hybrids

Vehicles from Ferraris are not just cars, but also financial investments on wheels. And even if plug-in hybrids largely run on their combustion engine, the battery is an expensive and important component. Due to its performance decreases over time, not only does the electric range of the vehicle decrease, but the vehicle may also no longer be able to achieve the specified drive power – if the ageing battery can no longer supply enough energy to the electric motor: Not exactly a good prospect for the residual value of such an expensive car. With the new battery replacement programme, Ferrari is now offering a kind of warranty extension that regulates the replacement of the batteries at fixed intervals. The “Warranty Extension Hybrid Programme” officially extends the current five-year warranty to eight years. In the event of a problem, Ferrari will replace the battery at no extra cost. The additional “Power Hybrid Programme” extends the warranty on all important drive components (including the battery) to a total of 16 years after these eight years of the first warranty extension. This m The two programmes include the SF90 Stradale models, the associated SF90 Spider convertible, the two sports versions SD90 XX Stadale and SF90 XX Spider as well as the 296 GTB and 296 GTS, which are built in significantly larger numbers. It is not yet known whether Ferrari will also extend the range to its first electric model, which is due to be launched next year. Incidentally, the battery cells for the plug-in hybrids and the electric Ferrari come from SK On. autonews.com, wardsauto.com

Polestar widens Q1 losses

With 7,200 vehicles delivered in the first quarter, Polestar generated sales of 345.3 million dollars. At the start of 2023 – back then with the Polestar 2 as the only model – the figure was USD 543.4 million, although this figure has since been adjusted (more on this in a moment). Instead of a small gross profit, the balance sheet for Q1 2024 shows a gross loss of 30.8 million US dollars. If you deduct the (fairly constant) “selling, general and administrative expenses” and research and development expenses from this and add other operating income, the operating loss amounts to USD 231.7 million. A year ago it was “only” 219.9 million dollars. Polestar explains the 36 per cent or 198.1 million dollar drop in turnover with lower global vehicle sales, higher discounts as a result of inventory management measures and “complexities in connection with revenue recognition for car sales to Chinese joint ventures”. The Swedish company can credit the reduced selling and administrative expenses as a success, as “active cost management measures offset the costs of promotional activities related to commercial campaigns and events for the global launch of Polestar 3 and Polestar 4”. However, the “active cost management measures” also include the massive job cuts in 2023. What seems worrying in this phase of falling deliveries: Polestar has invested almost 24 million dollars less in research and development. However, the company emphasises that it is “continuing to invest in future vehicles and technologies”. The lower development expenditure is said to be a result of higher capitalisation and also write-downs on the Polestar 2 IPs in stock. Polestar is currently in a difficult situation: demand for the brand’s high-priced electric cars has not developed as expected (despite regular updates for the Polestar 2). As a result, the brand has produced expensive stocks that can now only be reduced with discounts. And promising models such as the Polestar 3 have been delayed for a long time. There are also internal management problems: deficiencies have been identified in previous balance sheets, which is why these had to be revised and corrected. Polestar only presented its financial figures for the full year 2023 (loss of 1.17 billion dollars) a few days ago. And the presentation of the Q1 figures at the beginning of July is also unusually late – this publication had also been postponed. The publication of the Q1 business figures therefore now coincides with the announcement of deliveries in the second quarter. From April to June, Polestar delivered around 13,000 vehicles, around 80 per cent more than in Q1. However, with 20,200 vehicles in the first half of the year, the brand has not yet reached a growth trajectory for the year as a whole: over 56,000 vehicles were delivered in 2023. In the coming months, Polestar is hoping for a further boost from the Polestar 3 and, in the long term, more from the Polestar 4, production of which is already underway in China. However, this would mean that the vehicle would be affected by the announced tariffs in the USA and the EU. From the second half of 2025, the Polestar 4 will also be built in South Korea – and can then be sold much more cheaply in the USA and Europe. Production of the Polestar 3 in South Carolina is scheduled to start at the end of the summer – the SUV has already been in production in China since February. “We have strong momentum as we enter the second half of the year. Our two new SUV’s have received stellar reviews from the global media and first test drive slots were booked out and additional slots are filling up fast,” says Polestar CEO Thomas Ingenlath. “Our retail sales model shift is accelerating in Europe and we have strengthened our sales management team.” poelstar.com

BYD opens its first Southeast Asian auto plant in Thailand

BYD has built its Thai factory inside the WHA Rayong 36 industrial estate in Nikhom Phatthana District (Rayong Province). The new plant covers an area of more than 948,000 square metres and has an annual production capacity of 150,000 units. The company built the new plant to manufacture right-hand drive (RHD) models for domestic sales and exports to other ASEAN markets. The Chinese automaker already sells cars in other RHD member states of the union – Brunei, Indonesia, Malaysia, and Singapore. The first car BYD made at its new auto plant was the Dolphin electric hatchback. Along with the rollout of the first unit in Thailand, it achieved a new production milestone of 8 million new energy vehicles. The company also makes the Atto 3 electric SUV and Seal electric sedan there. In the future, the Chinese automaker will also produce the Sealion 6 (Seal U) plug-in hybrid SUV at the Thai factory. BYD markets its passenger vehicles in Thailand through Rever Automotive, which serves as its distributor and after-sales service provider. In other recent news, the Thai government plans to investigate the Chinese automaker through the Consumer Protection Board after it caught the local BYD arm heavily discounting the Dolphin. In April, Rever Automotive lured customers by slashing ฿40,000 (€1,012) off the Dolphin’s price, and the very next day after ending that campaign, it rolled out a significantly higher discount of ฿100,000 (€2,530). This month, the company is offering even bigger reductions of ฿140,000-160,000 (€3,542-4,048). This malpractice results in buyer’s remorse and also affects the resale value of their cars. Excluding discounts, it has priced the small hatchback at ฿699,990 (€17,711) in a ‘Standard Range’ variant and ฿859,999 (€21,759) in an ‘Extended Range’ variant. On the other side of the planet, for the new BYD production in Uzbekistan, BYD has entered into a cooperation agreement with the Uzbek government to promote sustainable mobility. At the opening of the plant in Jizzakh in the south of the country, Wang said that the start of series production in Uzbekistan would “accelerate the green transformation of the local transport system”. BYD is building the Song Plus DM-i and Chazor DM-i plug-in hybrids in Jizzakh. The Song Plus is based on BYD’s e-Platform 3.0 and is one of the best-selling models in the Ocean series, at least in China, as the CN EV Post writes. Production in Uzbekistan is carried out via a joint venture with UzAuto, the country’s only car manufacturer to date. In the first phase, up to 50,000 vehicles will be built in Uzbekistan per year, according to BYD. The aim is to meet demand in the country. However, BYD is not entirely without experience: before the plant was built, BYD sold vehicles imported from China in the country. ev.iphonemod.net, bangkokpost.com, nationthailand.com, cnevpost.com (Uzbekistan)

Stellantis develops battery cells for cheaper electric cars with CEA

The CEA is France’s commissioner for nuclear energy and alternative energies. Stellantis is drawing on the expertise of the research institute to develop cells for “affordable next-generation electric vehicles”. The technology is to be provided to its “gigafactories, which will be operated in joint ventures”. This is the decisive hint in the car manufacturer’s announcement that the cooperation is related to the recently announced stops at ACC. The battery cell joint venture between Stellantis, Mercedes-Benz and TotalEnergies – the full name is Automotive Cells Company – is currently pausing construction work on its battery cell plants in Kaiserslautern and Termoli, Italy. This is in order to switch from its nickel-based cell chemistry to more cost-effective battery technologies. At the beginning of June, the declining demand for electric vehicles was cited as the reason for the cutback. The company therefore apparently wants to research and develop more cost-effective batteries in order to supply cheaper electric vehicles. Exactly what will happen in Kaiserslautern and Termoli will be specified at the end of 2024 or the beginning of 2025. It is not yet known to what extent the reorientation phase at ACC will also affect the third factory in France. The first production block with 13.4 GWh is currently being ramped up there. A further two blocks were previously planned in order to reach 40 GWh. The joint venture is currently focussing solely on NMC battery cells (nickel-manganese-cobalt). Competitor Renault has also pursued an NMC-only strategy to date, but according to the latest information is now also opening up to the more favourable LFP technology. The cell chemistry at the centre of the Stellantis-CEA cooperation is not mentioned. There is only talk of “disruptive cell chemistries”, which does not necessarily speak in favour of LFP technology, which is already quite common. The joint research programme includes the development of “advanced technology cells with higher performance, a longer lifespan and a lower carbon footprint at competitive costs”, according to the Stellantis press release. The programme will also focus on life cycle assessment and the development and validation of battery cells. “We know that battery technology is poised for change. While we don’t know exactly how it will change, we are committed to be at the forefront of this transformation. Internally, we are working around the clock placing multiple bets and exploring various technologies,” says Ned Curic, Stellantis Chief Engineering and Technology Officer. At the same time, the company is working closely with tech start-ups, laboratories, universities and the world’s most renowned research institutions such as the CEA. “We believe that this collaboration will accelerate the arrival of disruptive battery cell technology, supporting our mission to offer clean, safe and affordable mobility to our customers.” Philippe Stohr, Head of Energy at CEA, speaks of an ambitious, multi-year R&D programme for battery cells. “This exciting project makes the best use of more than 25 years of expertise in the field of Li-ion batteries at CEA to the benefit of one of the major automotive actors in the competitive race for electrical mobility. Our challenge is to speed up design and fabrication and to allow deep understanding of the most advanced cells technologies by sharing our expertise, skills and vision.” media.stellantis.com

Atlante establishes JV to build 500 HPC stations in France

Atlante and Banque des Territoires intend to provide the joint venture, named Alpis, with 40 million euros in equity. The ownership ratio is to be 51 to 49 per cent. Atlante will therefore become a narrow majority shareholder. The deal brings together a charging service provider and a financial specialist. The partners have not yet provided much information about the planned charging network itself. Thanks to battery-buffered fast chargers, coverage is expected to be high and the tariff favourable – “even in areas with limited energy availability and grid limits”, according to an accompanying press release. Both partners are already quite familiar. Banque des Territoires recently served the EU as a realisation partner for a funding round of the Alternative Fuels Infrastructure Facility (AFIF). It provided Atlante with 49.9 million euros for the construction of fast-charging stations in Italy, France, Spain and Portugal. In total, Atlante plans to build 5,000 fast-charging points in these countries by 2025 and over 35,000 by 2030. The AFIR stipulates that a charging station must be installed at least every 60 kilometres on the European Union’s core road network and every 100 kilometres on the trans-European network. In addition, Atlante wants to install charging stations in car parks and in strategic urban areas. Jacques Galvani, CEO of Atlante France, comments: “This collaboration with Banque des Territoires fits perfectly with Atlante’s DNA and objectives: to make 100% green electric mobility accessible to all, across the whole territory. We hope that the technological innovations that Atlante is pioneering in Europe, particularly in terms of the synergy between fast charging, energy storage and solar energy production, will benefit all drivers of electric vehicles and facilitate the transition to decarbonised mobility.” “We are very proud to contribute, through our investment and our role as an implementation partner of the European CEF-T-AFIF mechanism, to the emergence of a leader in electric charging in France and, more broadly, in Southern Europe,” said Pierre Aubouin, Director of Infrastructure and Mobility at the Investment Directorate of Banque des Territoires. “By partnering with Atlante, a qualified, innovative, and committed partner in various market segments across the territory, we are strengthening our support for decarbonized mobility and reaffirming our commitment to ecological transformation.” Atlante has recently signed several deals to develop charging infrastructure, for example with Vinci Autoroutes, Groupe Duval, Autostrade per l’Italia and Emil Frey. In the context of the cooperation with Vinci Autoroutes, the company is now also reporting initial results: According to the company, 25 fast charging stations have been inaugurated at the Saint-Léger Ouest service area on the A10 motorway. Another new development is that Atlante has joined the Plugsurfing network. This gives customers of the network roaming access to Atlante charging stations via the e-clearing.net platform. atlante.energy (PDF), businesswire.com (Saint-Léger), x.com (Plugsurfing)

MAN presents electric truck portfolio

At the pre-event in Saalfelden, Austria, MAN presented vehicles with all the drive types that the Traton (subsequently, Volkswagen) subsidiary intends to rely on in the immediate future. In addition to “optimized” diesel engines, this also includes a new hydrogen combustion engine and the battery-electric truck. MAN is remaining true to its previous line by relinquishing focus on hydrogen fuel cell electric trucks but now maintains that these are still in development. The highlight of the battery-electric trucks at the 2024 trade fair remains the MAN eTruck, which is offered in the eTGX and eTGS variants. According to MAN, there are already over 2,000 orders or order inquiries for both variants, with a major order from France for 100 units recently added. With the eTGS, which was presented at IFAT in April, and the previously offered variants of wheelbases and equipment, the company insists that the number of configurable variants has risen to over one million. It is precisely this diversity with its modular battery concept, numerous wheelbases, cabs, auxiliary drives and sector-specific equipment that MAN sees as making the new eTruck “fit for the needs of all relevant sectors, body solutions and transport tasks”. This is because the heavy-duty electric truck can be used for more than just regional routes, with a range of up to 800 kilometres per day possible with a charging stop. As the eTruck is also prepared for the upcoming MCS megawatt charging standard with up to 1000 kW, such a charging process can take place during the driver’s prescribed break. “Even though the transition to CO2-free freight transport is characterised by several drive technologies, our focus is clearly on electromobility as the main drive technology,” says Alexander Vlaskamp, CEO of MAN Truck & Bus. “The hydrogen combustion engine can be a useful addition for special applications, as can the fuel cell drive, which is currently still under development.” The news about the development of hydrogen fuel cell drives will be well received by the German government which granted MAN and Shell 8 million euros for this purpose in 2020. The MAN CEO continued to reiterate the company’s continued focus on diesel engines to the end. “In addition, the diesel drive will continue to play an important role throughout the entire transformation until it is completely replaced,” assures Vlaskamp. MAN has long since set itself the goal that by 2030, every second MAN truck registered in Europe should be battery-electric. As part of the Traton Group, MAN is working with Daimler Truck and the Volvo Group via the Milence joint venture on the appropriate truck charging infrastructure. At the same time, the course is being set internally to electrify the company’s own service network. This electrification course is hardly ambitious. At least not from the company’s own volition. The targets set barely cover the stipulations of the EU Commission for the reduction of emissions from the sector. On 14 May this year, the Commission conclusively voted what has long been in the pipeline: that manufacturers must reduce the average emissions of trucks weighing 7.5 tonnes or more and coaches by 45% from 2030, 65% from 2035 and 90% from 2040. The CO2 emissions from 2019 will serve as a reference, and from 2035, the new regulations must also be complied with by “professional” vehicles such as refuse collection and construction vehicles. Truck trailer manufacturers must also improve the emission values of trailers by 10 per cent by 2030, while 90 per cent of new city buses must be emission-free by 2030 and 100 per cent by 2035. In presenting the lineup, Vlaskamp explained how MAN will focus on electric trucks without at all inhibiting its production of fossil-fuelled models: “In future, we will be producing combustion engine and electric trucks on the same production line in order to be able to react flexibly to the shift in demand towards electric trucks,” says the MAN CEO. For the transition to electric trucks to succeed, however, “the expansion of the charging infrastructure must be an absolute priority for politicians, infrastructure operators and manufacturers”. The hydrogen combustion engine should only serve as a supplementary solution for special applications such as heavy-duty transport or for areas where charging infrastructure is difficult to implement – and not as an alternative to electric trucks. While other Volkswagen subsidiaries such as Volkswagen Truck and Bus as well as Volkswagen company Navistar, the number of electric vehicle sales has increased. In the same period, MAN has suffered poor performance with declining sales. Here it might be noted that overall, of the Volkswagen truck companies, MAN is also used to enjoying higher sales than its fellow Volkswagen subsidiaries in general. To keep its position in a rapidly electrifying world, MAN may have to be even more proactive about its commitment to electrification. Late last year the legacy truck maker revealed it is strengthening its cooperation with surrounding scientific institutions at its Nuremberg site in Germany. The company’s researchers there want to further work on “fossil-free, future-proof drives” and create synergies between science and industry. mantruckandbus.com

First Bus places major order for Yutong electric buses

This marks the largest single order for Yutong’s buses in the UK so far and is to play a large role in the company’s goal of having a fully emissions-free bus fleet by 2035. The specific depots that will see the new additions are Taunton, Weston-super-Mare, Basildon and Hengrove in Bristol, which are receiving their first electric buses. By the time the order is complete, First Bus will have more than 800 emissions-free vehicles and charging infrastructure present at 16 depot sites across the UK. The new order includes a mix of single and double-decker buses from Yutong from their E10, E12 and U11DD models. There are already several Yutong EVs in First Bus’s fleet, and are on the roads in Aberdeen, Leeds and Cymru. First Bus also notes that the order is part of an £89 million investment in further 178 zero-emission buses and infrastructure across four regions. The funds were secured in partnership with Local Authorities, as well as another £16 million of additional funding through the latest round of the Department for Transport’s (DfT) Zero Emission Bus Regional Area (ZEBRA) scheme. “We are delighted to place this order with the team at Pelican. This order marks another significant milestone as we invest further in our journey towards a zero-emission bus fleet across our UK operations,” said Andrew Jarvis, Chief Operating Officer for First Bus, adding: “It is an exciting time for our colleagues at all four of these sites as we start to transform and futureproof our depots. This is also great news for our customers, who will see the benefits of these state-of-the-art vehicles – including improved local air quality and the enhanced customer experience that EV’s bring.” firstbus.co.uk

Nayax introduces payment terminal for charging stations

Nayax is a specialist in cashless payment solutions that has not yet made a major appearance on the market for charging solutions. The terminal called EV CloudPay aims to change this. According to the manufacturer, the device accepts more than 80 cashless and digital payment methods and is intended to make the handling of multiple mobile apps or charging cards, which is currently widely practised by electric car drivers, superfluous. According to Nayax, the payment terminal is cloud-based, which means that it is able to process payments for multiple charging stations. The global OCPI protocol serves as the basis for communication. The company has not yet provided any further technical details. Yair Nechmad, CEO and Chairman of Nayax, makes more general statements: “The current payment infrastructure for charging electric cars is inefficient and cumbersome for both drivers and charging station operators. To accelerate the uptake of electric cars globally, we need to provide drivers with a convenient charging experience, including a seamless and fast way to pay for charging.” Nayax says it has more than seven years of experience working with charging station operators and manufacturers. The company claims to have nine global offices and around 900 employees. globenewswire.com