Due to the ever-changing landscape of EV's, every week there is something new hitting the press. Take a look at some of last week's highlights below;
1. Complaints are flying around London regarding the haphazard manner that EV chargers are being installed. Many of the chargers have been installed in the centre of busy pedestrian walkways, creating complications for those using prams or wheelchairs. In addition, these EV chargers are then being ICE'd so EV's are parking on kerbs & footpaths to gain access - blocking pedestrian access even more.
2. Volkswagen signed a $48 billion contract for the materials needed for EV batteries, roughly equating to Tesla's entire market value. This puts them well on the way to achieving their 2025 goals of selling 3 million all-electric cars per year.
3. Speaking of Tesla, Elon Musk has offended investors during a public earnings call when he refused to answer questions & attacked two analysts for asking what he called "bonehead" & "dry" questions regarding the companies capital. Following this encounter, Tesla's stock dropped almost 10% by the next morning.
4. The new Kia Niro EV made its first public appearance at the 5th International Electric Vehicle Expo in South Korea. Similar to the Hyundai Kona, it will be offered with 2 different battery capacities; 39.2 kWh & 64 kWh. The smaller battery will offer users approximately 140 miles of range, whereas the larger battery will offer around 230 miles.
5. And finally, last but definitely not least, for the first time ever in Ireland, Electric Vehicles reached 1.75% of the Irish car market thanks to the new Nissan Leaf & imported PHEV's. On the back of that, almost a third of Irish motorists admit that they are open to purchasing an EV when they change their car.
As Looney Tunes would say, "That's all folks". More news next week!