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Industry News: 2012 Paris Motor Show Debrief: Day 0
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William Maley, in Industry News
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By Drew Dowdell
Porsche announced this morning that buyers of the forthcoming Taycan will have free charging with Electrify America included for the first three years they own the vehicle. The plan includes 30 minutes of free DC fast charging at any of 484 locations across 42 states.
Every Electrify America station will have at least two 350 kW chargers with additional chargers at the 150 kW level. Electrify America has been building a national network of charging stations in metro areas and along major national highways. The average highway distance between chargers will be about 70 miles with no more than 120 miles between charging stations. 17 metro areas will have stations with 5 to 10 chargers each.
The Taycan features one of the fastest charging rates using 800 volt technology to add more than 60 miles of range in just 4 minutes through its Combined Charging System (CCS) plug. In addition to the Electrify America network, all of Porsche's 191 dealerships will have DC fast charging stations installed. Of these, around 120 of these will feature the Porsche Turbo Charging, a proprietary 320kW system that also uses the CCS plug.
To supplement the national charging network, Porsche will be releasing a Porsche designed at-home charging system with details to follow soon.
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By Drew Dowdell
Porsche announced this morning that buyers of the forthcoming Taycan will have free charging with Electrify America included for the first three years they own the vehicle. The plan includes 30 minutes of free DC fast charging at any of 484 locations across 42 states.
Every Electrify America station will have at least two 350 kW chargers with additional chargers at the 150 kW level. Electrify America has been building a national network of charging stations in metro areas and along major national highways. The average highway distance between chargers will be about 70 miles with no more than 120 miles between charging stations. 17 metro areas will have stations with 5 to 10 chargers each.
The Taycan features one of the fastest charging rates using 800 volt technology to add more than 60 miles of range in just 4 minutes through its Combined Charging System (CCS) plug. In addition to the Electrify America network, all of Porsche's 191 dealerships will have DC fast charging stations installed. Of these, around 120 of these will feature the Porsche Turbo Charging, a proprietary 320kW system that also uses the CCS plug.
To supplement the national charging network, Porsche will be releasing a Porsche designed at-home charging system with details to follow soon.
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By William Maley
It is no secret that Bentley is working on an electric vehicle. What has been unclear is when said vehicle is expected to launch. Recently, Automotive News Europe had a sit-down with Bentley CEO Adrian Hallmark where he revealed that electric cars are seen "as another growth opportunity in a five- to 10-year period." Why the long period?
"The problem is, with the size of our vehicles and the frontal area we push through, current battery-power density limits the size of the car with a credible driving range. The Jaguar I-Pace is the perfect-size car for the battery technology, but it’s too small for us. It’s all driven by power density of the battery, but there’s nothing industrialized in the supply chain before 2023-2024-2025. Only then does it open up the size of the vehicle and the category you can make a credible battery-powered car," said Hallmark.
Hallmark wouldn't say what Bentley's full-electric vehicle would look like, but past rumors point to the possibility of the Mulsanne replacement of going full EV.
Bentley knows that it needs an EV sooner or later. Hallmark said 40 percent of Bentley customers would consider buying an electric vehicle. Also, a set of possible Bentley customers, "the upper liberals and the post-moderns" are trending towards Porsche and Tesla models.
Source: Automotive News Europe (Subscription Required)
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By William Maley
It is no secret that Bentley is working on an electric vehicle. What has been unclear is when said vehicle is expected to launch. Recently, Automotive News Europe had a sit-down with Bentley CEO Adrian Hallmark where he revealed that electric cars are seen "as another growth opportunity in a five- to 10-year period." Why the long period?
"The problem is, with the size of our vehicles and the frontal area we push through, current battery-power density limits the size of the car with a credible driving range. The Jaguar I-Pace is the perfect-size car for the battery technology, but it’s too small for us. It’s all driven by power density of the battery, but there’s nothing industrialized in the supply chain before 2023-2024-2025. Only then does it open up the size of the vehicle and the category you can make a credible battery-powered car," said Hallmark.
Hallmark wouldn't say what Bentley's full-electric vehicle would look like, but past rumors point to the possibility of the Mulsanne replacement of going full EV.
Bentley knows that it needs an EV sooner or later. Hallmark said 40 percent of Bentley customers would consider buying an electric vehicle. Also, a set of possible Bentley customers, "the upper liberals and the post-moderns" are trending towards Porsche and Tesla models.
Source: Automotive News Europe (Subscription Required)
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By William Maley
This past year hasn't been good for Jaguar Land Rover. A triple whammy of sales dropping in China, demand for diesel vehicles falling, and the looming threat of Brexit has seen the company report a 90 million pound (about $113,550,300) loss in the third-quarter. S&P Global Ratings recently cut their long-term rating into JLR's parent company, Tata Motors into Junk Status.
Because of this, Jaguar Land Rover will be detailing a three-year cost-cutting plan next month. Tata announced the plan back in October that would save 2.5 billion pounds (about $3.2 billion) within the first 18 months. There would be job cuts, but Tata did not say how many. The Financial Times reported this week that JLR is planning to cut 5,000 of its 40,000 workforce in the U.K.- this according to sources.
“It’s do or die at the moment,” Robin Zhu, an analyst from Bernstein said.
“JLR has been seriously mismanaged in recent years, with cost runaways, products disappointing in the market, and hedging issues costing it billions."
“Jaguar Land Rover notes media speculation about the potential impact of its ongoing charge and accelerate transformation programmes. As announced when we published our second-quarter results, these programmes aim to deliver £2.5bn of cost, cash and profit improvements over the next two years. Jaguar Land Rover does not comment on rumours concerning any part of these plans,” JLR said in a statement to The Guardian.
Other parts of the plan are said to include a reduction in models and selling off various assets. But Evercore ISI, an investment advisory frim said JLR needs to do more than cut costs.
"The company needs to consider whether it’s spreading itself too wide and whether competing with the Germans in the tough premium sedan segment is a viable strategy," it wrote in a note to investors this week.
Source: Financial Times (Subscription Required) via The Guardian, Automotive News (Subscription Required)
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