Category Archives: Sales

EV Charging Station (Image: Foter)

Vattenfall To Switch Its Entire 3,500 Vehicle Fleet To Electric Vehicles

Vattenfall is one of the largest utility companies in Europe, with operations in Sweden, Denmark, Finland, Germany, the Netherlands, Poland, and the United Kingdom.

It is a wholly owned subsidiary of the Swedish government. Not surprisingly, it has a lot of vehicles in its fleet, including 3,500 cars and light trucks. The company has just announced it plans to switch all of those vehicles to electric cars and trucks within the next 5 years.

EV Charging Station (Image: Foter)
EV Charging Station (Image: Foter)

Vattenall has been a leader in renewable energy and sustainable mobility solutions since 2009. It operates nearly 6,000 EV Level 2 and DC fast charging charging points in Sweden, Germany, and the Netherlands. Those facilities supplied enough electricity in 2016 to circumnavigate the world almost 1,000 times. It is also a front runner in developing wireless and smart charging technology as well as systems for charging public transit vehicles.

“We already help our customers drive electric by supplying charging points. With the decision to switch our own fleet we do not only contribute to reducing CO2-emissions in Europe, but we also want to set an example for other companies,”

says Martijn Hagens, head of E-mobility for Vattenfall.

Read more: G2

EV Charging Station (Image: Shutterstock)

We’re probably underestimating how quickly electric vehicles will disrupt the oil market

Unpredictably rapid growth happens pretty predictably

Just about every analyst agrees that the electric vehicle market is poised for rapid growth. But how rapid?

It’s not an idle question. The rate of EV growth will have huge implications for oil markets, auto markets, and electric utilities. Yet it is maddeningly difficult to predict the future; forecasts for the EV market are all over the place.

I don’t think the wide range of projections means that we’re blind here, though — I think we can make educated guesses. Specifically, I think history justifies optimism, the belief that the high-end projections (like those in a new study I discuss below) are closer to the truth.

Let’s walk through it.

EVs could do serious damage to oil — or not much

Transportation accounts for a huge portion of US carbon emissions. As recently as 2014, it was behind the electricity sector — 26 percent of US emissions to electricity’s 30 percent. But as Vox has reported, and the US Energy Information Administration (EIA) just confirmed, as of 2016, they have crossed paths. “Electric power sector CO2 emissions,” EIA writes, “are now regularly below transportation sector CO2 emissions for the first time since the late 1970s.”

This is happening because power sector “carbon intensity” — carbon emissions per unit of energy produced — is falling, as coal is replaced with natural gas, renewables, and efficiency.

The only realistic prospect for reducing transportation sector emissions rapidly and substantially is electrification. How much market share EVs take from oil (gasoline is by far the most common use for oil in the US) will matter a great deal.

EV Charging Station (Image: Shutterstock)
EV Charging Station (Image: Shutterstock)

However, as Rice University’s Dan Cohan explains in The Hill, EV forecasts are all over the map.

The EIA’s “Annual Energy Outlook 2017” is much more bullish about EVs than in previous years — its forecast for the EV market is “nearly double its forecast from last year, and nearly 10 times its forecast from 2014.” It no longer thinks hybrids or plug-in hybrids will play a major role. It believes EVs are ready.

Read more: Vox

The Nissan Leaf (L) and Kia Soul on charge on a London street (Image: M. Willis/Getty for GUL)

Electric cars and cheap solar ‘could halt fossil fuel growth by 2020’

Solar power and clean cars are ‘gamechangers’ consistently underestimated by big energy, says Imperial College and Carbon Tracker report

Falling costs of electric vehicles and solar panels could halt worldwide growth in demand for oil and coal by 2020, a new report has suggested.

A scenario that takes into account the latest cost reduction projections for the green technologies, and countries’ pledges to cut emissions, finds that solar power and electric vehicles are “gamechangers” that could leave fossil fuels stranded.

The Nissan Leaf (L) and Kia Soul on charge on a London street (Image: M. Willis/Getty for GUL)
By 2035, electric vehicles could make up 35% of the road transport market, and two-thirds by 2050 (Image: M. Willis/Getty for GUL)

Polluting fuels could lose 10% of market share to solar power and clean cars within a decade, the report by the Grantham Institute at Imperial College London and the Carbon Tracker Initiative found.

A 10% loss of market share was enough to cause the collapse of the coal mining industry in the US, while Europe’s five major utilities lost €100bn (£85bn) between 2008 and 2013 because they did not prepare for an 8% increase in renewables, the report said.

Big energy companies are seriously underestimating the low-carbon transition by sticking to their “business as usual” scenarios which expect continued growth of fossil fuels, and could see their assets “stranded”, the study claims.

Emerging technology, such as printable solar photovoltaics which generate electricity, could bring down costs and boost take-up even more than currently predicted.

Luke Sussams, a senior researcher at Carbon Tracker, said:

“Electric vehicles and solar power are gamechangers that the fossil fuel industry consistently underestimates.

“Further innovation could make our scenarios look conservative in five years’ time, in which case the demand misread by companies will have been amplified even more.”

Read more: The Guardian

Oil Decline (in million barrels of crude oil per day)

How EVs are Driving the Next Oil Crisis

When Bloomberg published a story under a version of the above headline at around this time last year, it was based on data predicting that by 2040, 35 per cent of new cars worldwide “would have a plug.”

Last week, a new graph based on new data by Bloomberg New Energy Finance has updated the details on how such a global shift electric vehilces might play out for the oil sector.

Oil Decline (in million barrels of crude oil per day)
Oil Decline (in million barrels of crude oil per day)

According to the graph, featured below, some 13 million barrels of oil per day will be displaced by electric vehicles by the year 2040 – an amount, BNEF says, that is equivalent to 14 per cent of the Energy Information Agency’s estimated global crude oil demand in 2016.

On the same trajectory, BNEF says, electric vehicles will displace 1.1 million barrels per day by 2025. For the record, that’s slightly down on what BNEF forecast last year: that electric vehicles could displace oil demand of 2 million barrels a day as early as 2023. But we will leave you with Tom Randall’s closing comments on the February 2016 BNEF analysis:

“One thing is certain: Whenever the oil crash comes, it will be only the beginning. Every year that follows will bring more electric cars to the road, and less demand for oil. Someone will be left holding the barrel.”

Source: Renew Economy

Electric Car Registrations 2016 (Image: Next Green Car)

Electric car market up 30% in 2016

The electric car market has seen another year of significant growth in 2016, after Society of Motor Manufacturers and Traders registration figures show that sales of Plug-in Car Grant (PiCG) models increased 31.4% compared to 2015.

Electric Car Registrations 2016 (Image: Next Green Car)
Electric Car Registrations 2016 (Image: Next Green Car)

Helping drive the market forward is the continued high sales of PHEVs, with 2016’s registrations totalling 26,643, up 41.9% against 2015’s figures.

EVs haven’t performed badly either, with 3.3% growth vs 2015 thanks to sales of 10,264 in 2016 – ahead of both petrol and diesel growth of 2.7% and 0.6% respectively.

In total, 35,447 PiCG eligible cars were registered in 2016, representing 1.3% of sales, with the UK car market seeing the highest ever numver of registrations in the past 12 months, at more than 2.69 million units, the fifth fifth consecutive year of growth.

Read more: Next Green Car

Big shift expected in the next decade (Image: Getty)

Mass adoption of electric cars will send diesel extinct in UK

The plan is to invest in the technology needed for battery electric vehicles

Big shift expected in the next decade (Image: Getty)
Big shift expected in the next decade (Image: Getty)

Diesel technology is set to be a thing of the past, UK car industry executives believe.

The plan is to invest in the technology needed for battery electric vehicles over the next five years, according to 93% of executives while 62% felt that diesel is losing its importance for manufacturers.

Figures from KPMG’s annual global automotive executive survey also show that 90% of executives expect battery electric vehicles to dominate the marketplace by 2025.

John Leech, of KPMG, said:

“Improvements in the cost and range of battery technology, coupled with growing concern over the emission of both carbon dioxide and nitrogen oxides from diesel engines, means that almost the whole automotive industry believes that the mass adoption of electric cars will happen during the next decade.”

Senior executives working for vehicle manufacturers, suppliers, dealers, financial and mobility service providers plus car users took part in the survey.

Some 74% of executives thought more than half of car owners today would not want to own a vehicle.

Researchers believe there will be fewer cars and therefore less money to be made from building vehicles in the future as people may opt to use, rent or pay for a car service rather than to own a car.

This was not feared as a looming problem because 85% of executives were convinced their company might make more money by providing new digital services than by selling cars alone.

Mr Leech said:

“Carmakers plan to sell a myriad of new digital services to vehicle users. Today car makers already make substantial profits from the sale of consumer finance and annual vehicle insurance but this will grow in the future as innovative services such as remote vehicle monitoring and the integration of the car as a focal point in people’s ever more connected lifestyles are demanded by consumers.”

Source: Independent

Tesla Model S on charge (Image: Tesla)

Electric Cars Could Send Oil Companies Into ‘Death Spiral’

Economists and reporters have been saying that electric cars could actually kill the oil industry for a little while now, but it hasn’t made a lot of real-world impact so far. But now Fitch, an enormously influential financial ratings agency, is issuing dire warnings over electric cars.

Tesla Model S on charge (Image: Tesla)
Tesla Model S on charge (Image: Tesla)

It actually seems impossible at this point to overstate just how screwed the oil industry as we know it appears to be by electric vehicles. “Resoundingly negative,” “serious threat,” and “investor death spiral” were all actual terms used by Fitch Ratings in a report detailing the future of oil in a world of electricity, the Financial Times says:

“An acceleration of the electrification of transport infrastructure would be resoundingly negative for the oil sector’s credit profile,” says the Fitch report.

“In an extreme scenario where electric cars gained a 50 per cent market share over 10 years about a quarter of European gasoline demand could disappear.”

The “death spiral” scenario entails a situation in which nervous investors start selling all of their assets attached to oil companies, the Fitch report says, making loans more expensive, which depresses the companies’ value further, which makes investors more nervous, which makes them sell, which makes loans more expensive, which depresses the oil companies’ value further, and on and on.

The electric car could completely eliminate the oil industry, and it won’t even take a complete lack of gasoline-powered cars to do it.

Read more: Jalopnik

Tesla cars are presented during press days of the Paris motor Show on September 30, 2016 (Image: E. Piermont/AFP/Getty)

What’s Driving The Move To Electric Vehicles?

Tesla may be the catalyst driving electric cars. But just about every car maker in the world is developing either an all-electric car or a hybrid vehicle that runs on both electricity and petroleum. That’s good news for the environment, especially as such vehicles approach price parity with traditional ones.

Tesla cars are presented during press days of the Paris motor Show on September 30, 2016 (Image: E. Piermont/AFP/Getty)
Tesla cars are presented during press days of the Paris motor Show on September 30, 2016 (Image: E. Piermont/AFP/Getty)

As electric cars continue to improve, so do the efficiencies — or the ability to input a unit of energy and to realize more output. In fact, traditional cars running on an internal combustion engine have a 30 percent efficiency rate. The rest is lost to heat, sound and energy. Just refining a gallon of gasoline takes 7 kilowatts-hours per gallon, says Thor Hinckley, an electric vehicle and renewable energy expert with CLEAResult, a consulting specializing in energy efficiency.

But vehicles that run on electricity have an 80 percent efficiency rate, or they convert 80 percent of those Btus to energy, he explains. The efficiencies are greater because of the superiority of the electric motor over that of the internal combustion engine — not because one unit of energy is better than another.

“With an efficiency difference that great, anything will be cleaner than burning gasoline,” says Hinckley. Obviously, burning a Btu of wind, solar or hydro is cleaner than burning the same unit of coal. But even if coal is used to generate the electricity to drive the car, he says that emissions are 20-30 percent less than a comparable vehicle running on petroleum. That’s huge.

Read more: Forbes

Electric charge point CMK (Image: One MK)

Number of electric vehicles in Milton Keynes triples

The number of electric vehicle (EV) users in Milton Keynes has tripled over the summer.

Electric charge point CMK (Image: One MK)
Electric charge point CMK (Image: One MK)

In January 2016, Milton Keynes Council was awarded Go Ultra Low City status which through funding support from central government for infrastructure is designed to increase the use of EVs in the city. The number has now increased from 220 in July to 661 by the end of September.

Milton Keynes has more than 170 standard and 56 rapid charging points, with more being installed in the near future.

July saw the launch of the new ‘Green Parking Permit’ for ultra-low EVs which allows them to park for free in purple bays, the red/black employee spaces (Mon-Fri) and in the specified EV spaces. To date, the council has issued 157 permits.

The Green Permit is free if your vehicle fits the criteria of producing 75g/km or less of CO².

Chargemaster, who run the vehicle charging points across MK, has recorded a four-fold increase in their usage.

These latest figures indicate that EVs are becoming more popular in MK and less of a niche choice by motorists.

Cllr Liz Gifford, cabinet member for transport said

“These latest stats are very encouraging and show that people are turning more and more to electric vehicles.”

“It’s important to us to reduce our carbon footprint as much as possible and these ultra-low vehicles are the way to do just that.”

David Martell, chief executive of Chargemaster PLC, the operators of the Milton Keynes charging network commented:

“The policies of Milton Keynes Council encouraging electric vehicles are clearly working. By having a high quality network of charging points, low cost electric charging and with free parking in many areas Milton Keynes is a great place to own an EV.

“In addition, the new initiatives under the Milton Keynes Go Ultra Low plans will keep this momentum going helped by many new electric models coming along from key manufacturers like VW, BMW, Jaguar and Audi. This all bodes well for a high proportion of electric vehicles in Milton Keynes over the next decade which will keep emissions low and air quality at a high level.”

Read more: One MK

Workplace charging (Image: J. Kalb/Plug In America)

£35 million boost for ultra low emission vehicles

Funding committed to low emission taxis and motorbikes, plus more chargepoints for workplaces and residential streets.

Workplace charging (Image: J. Kalb/Plug In America)
Workplace charging (Image: J. Kalb/Plug In America)

A major £35 million package to boost the uptake of ultra-low emission cars and scooters was unveiled by Transport Minister John Hayes today (13 October 2016).

The fresh funding commitment will see thousands more electric vehicle chargepoints installed on streets and at workplaces across the UK – after the number of new ultra low emission vehicles registered rose by 250% in just 2 years.

The government is also buying 2 brand new Nissan LEAF electric cars for the Government Car Service – on top of 4 that are already in use.

The vehicles are built at the Nissan motor manufacturing plant in Sunderland – a symbol of our world-leading automotive industry which the government is committed to supporting.

The announcement is part of the government’s plans to improve air quality, and it comes as Defra launch a new consultation on introducing clean air zones in Birmingham, Leeds, Nottingham, Derby and Southampton by 2020 – delivering on the government’s commitment to create cleaner air and reduce emissions.

Transport Minister John Hayes said:

No matter what mode of transport you need – a scooter to get to work, a car or a van to run your business – we are here to help you do it with zero emissions.

The number of ultra-low emission vehicles on our roads are at record levels and new registrations have risen by 250% in just over 2 years.
We are committing £35 million to help install new chargepoints and offer new grants as we aim for nearly all cars and vans on our roads to be zero emission by 2050.

The funding announced today includes:

  • next steps of a £20 million competition that will help councils roll out chargepoints for ultra-low emission taxis
  • up to £10 million funding for chargepoints outside workplaces and homes where there is no off-street parking
  • launch of an initial £3.75 million scheme to encourage uptake of zero emission motorcycles and scooters
  • £2 million awarded to public and private sector organisations to deploy hydrogen fuel cell vehicles