Monthly Archives: June 2022

Jaguar LandRover GroupManager Install (Image: Rolec)

UK’s automotive industry, out of the world’s top 15, takes another hit as Jaguar Land Rover looks to Slovakia for electric vehicle batteries

News, Reviews and Comment, Uncategorized

 

Jaguar I-PACE Electric Car (Image: T. Larkum)
Jaguar I-PACE Electric Car (Image: T. Larkum)
  • Jaguar Land Rover is in talks with Northvolt and SVolt Energy Technology about supplying batteries for a range of EVs it may assemble in Slovakia
  • Unless battery investment picks up, carmakers may only accelerate their exodus from what was once the world’s second-biggest auto manufacturing base

Almost a decade after playing home to Europe’s first mass-produced electric car, the UK is at risk of becoming a footnote in the global auto industry’s shift to battery-powered vehicles.

The UK lacks the cell and pack factories automakers will need to support their transition away from the internal combustion engine. In what could be a fresh blow to British carmaking, the country’s top auto manufacturer, Jaguar Land Rover, is in talks with Northvolt and SVolt Energy Technology about supplying batteries for a range of EVs it may assemble in Slovakia, according to people familiar with the matter.

Unless battery investment picks up, carmakers may only accelerate their exodus from what was once the world’s second-biggest auto manufacturing base. The last few years, the UK fell outside the top 15.

Read more: SCMP

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EVs are avoiding about 3% of global oil demand—a fifth of Russia’s total exports

Electric Cars, Energy and Climate Change, News, Reviews and Comment, Oil, Uncategorized

Russia’s ongoing invasion of Ukraine has triggered international sanctions throttling the country’s oil exports, leading to fears of even higher gas prices. But electric vehicle adoption has been helping make the situation less grim.

Plug-in vehicles avoided roughly 1.5 million barrels of oil per day last year, according to new analysis from Bloomberg New Energy Finance. That’s about one-fifth of Russia’s pre-invasion oil exports, Bloomberg NEF said.

 The oil use avoided by EVs has also doubled since 2015, to about 3% of global demand, according to the analysis.

While electric cars tend to get most of the attention, the analysis found that other vehicle types accounted for the most oil avoidance. Electric two- and three-wheeled vehicles—which tend to be popular in Asia—accounted for 67% of the oil demand avoided in 2021, according to Bloomberg NEF.

Those vehicles had an outsized impact on oil demand. Next in rank were electric buses, which accounted for 16% of avoided oil demand, followed by passenger vehicles at 13%. The latter were the fastest-growing segment, Bloomberg NEF noted.

Read more: GreenCarReports

It’s Time to Go Green!

If you would like to know more about Solar Panels and the PowerBanx range of home battery systems, and get a free instant quote, please complete our online form: