EV Brief Podcast #45: Mark Peters from Transit Systems on Electric Buses
In this episode of the EV Brief Podcast, Jonathan was fortunate to sit down with Mark Peters, General Manager Fleet, Innovation & Business Intelligence for Transit Systems; one of the largest bus operators contracted to Government in the country. Mark's technical and business experience ensures he is across all of Transit Systems' business units, and he is fixed firmly on a zero-emissions future for the fleet.
Timestamps:
00:19 - Introduction
01:50: Mark's role
03:42 - The importance of data
04:20 - Transit Systems' zero-emission fleet strategy
05:13 - The appetite for fleet electrification nationally
08:30 - Driver training for electric buses
09:40 - Mark's thoughts on the electrification transition
10:29 - Technical details of buses, and balancing charging in the depot
13:05 - Will depot design change as electrification takes hold?
14:10 - Charging the buses
15:50 - Bus efficiency
17:20 - Regional travel and electric buses
19:18 - Any operational cost savings over the diesel fleet?
20:48 - Battery degradation in the fleet
21:51 - Battery chemistry
22:22 - Hydrogen fleets - will we see them in Australia?
23:35 - Medium to large scale hydrogen generation
24:51 - Solar and battery infrastructure at the depot
26:16 - Wrap up
*Updated* Consumer interest, orders pile up for BYD Atto 3 electric SUV but no guarantee of Australian deliveries in 2022
The BYD Atto 3 is scheduled to commence Australian customer deliveries in September, however the vehicle has yet to receive Australian Design Rules approval.
Update 21/7/22: Finally, there’s confirmation that the BYD Atto 3 is now approved for sale in Australia, with news website carexpert.com.au confirming the vehicle is now compliant with Australian Design Rules. This is welcome news for customers with deposits for the new EV SUV, but it does confirm our earlier concerns that the Australian importer EV Direct was not in a position to promise July deliveries for this vehicle.
Update 15/7/22: We now have word from customers and media outlets that the BYD Atto 3 is set to arrive in Australia in August or September; a six to eight week delay from the original timeline provided by EV Direct. BYD has also advised customers the circa $44,000 Standard Range variant will not go into production until mid-October, making 2022 deliveries seem unlikely. According to BYD, "This is due to the high-volume production requirements of the extended range option. We apologise for any inconvenience this may cause.”
Meanwhile, BYD New Zealand importer ATECO has already received its first shipment of customer and demonstrator vehicles ahead of Australia, and captured the importation deal for the Kiwi market from EV Direct. The first lucky customers should get their hands on this new crossover within the next couple of weeks.
Update 4/7/22: The Driven is reporting BYD Atto 3 test drives and deliveries have been delayed, and pushed back 6-8 weeks. Customers with deposits on the electric SUV received the following email from EV Direct last Friday:
“It is well publicised that the global automotive industry as a whole is under pressure from a range of supply chain issues and logistics disruptions. While BYD’s model provides robust protection from many of these challenges, regrettably we have been impacted by the current holistic industry conditions. Despite our best efforts to minimise the impact on our customers, test drives and initial deliveries will be pushed back by approximately 6 to 8 weeks.”
It’s worth noting that the company blames external factors for the delay, and doesn’t cite any issues with the homologation process as we reported last week. We’re not suggesting that BYD isn’t facing delays due to pandemic supply chain problems — most manufacturers are — but it’s a handy excuse.
EV Direct has promised that production of right and drive vehicles for Australia has commenced, and that August is the new target for arrivals: “…production of Australian BYD ATTO 3’s has commenced and we have secured increased dedicated production capacity to enable a steady supply of vehicles into the Australian market commencing from August 2022.”
For us, we’ll start to get excited when the first shipment is physically on water. We hope the company can continue to provide accurate delivery times to customers.
You can read our original article below.
The BYD Atto 3 has attracted a lot of interest and “thousands” of orders in Australia thanks to it’s sharp pricing and inclusions, and of course due to new vehicle stock shortages in the country at the moment. Priced from $44,381 for the standard range and $47,381 for the extended range models, the BYD brand has attracted plenty of praise for its designs penned by former Audi chief designer Wolfgang Egger, and for its perceived value proposition.
Sold exclusively online through local importer Nexport’s subsidiary EVDirect.com.au, customers are asked for a fully refundable deposit of $1,000 to secure their place in the queue. The company’s website suggests a delivery date of September 2022 for orders placed today; this follows initial reports from EV Direct listing July 2022 as the arrival date for the Atto 3.
BYD Atto 3 as-yet lacking Australian homologation
One concerning aspect of this timeline to our eyes is that BYD’s Atto 3 is yet to be homologated for the Australian market; that is, EV Direct are currently taking orders for a vehicle that does not currently hold approval under Australian Design Rules (ADRs). According to the Australian Department of Infrastructure, Transport, Regional Development and Communications, ADRs “are national standards for vehicle safety, anti-theft and emissions. The ADRs are generally performance based and cover issues such as occupant protection, structures, lighting, noise, engine exhaust emissions, braking and a range of miscellaneous items.” Without this approval, vehicles cannot be imported, let alone registered for use on public roads.
By conducting a public search on The Department’s Road Vehicle Regulator webiste, we can see that the only currently valid approval for BYD vehicles is for the T3 commercial van:
For comparison’s sake, the as-yet-unreleased Mercedes-Benz EQS already has full Australian ADR compliance, dated from 26/04/2022. Tesla’s just-released Model Y was complied in October 2021. Is this down to slow government processing of forms, or did BYD/Nexport drop the ball with the application process? Regardless of who is to blame, this lack of compliance certification would — in our eyes — suggest that an importation date and customer delivery date less than three months away is very likely to be pushed back into late-2022 or even 2023.
Furthermore, the BYD Atto 3 also remains untested when it comes to Australia’s New Car Assessment Program (ANCAP) — as reported by drive.com.au — despite claims of a five star ANCAP safety rating by the company. In a statement to Drive, ANCAP CEO Carla Hoorweg said: "Until [we] independently test and assess specific models or variants, and officially publish a rating, it is not possible for a vehicle manufacturer or distributor to claim that a particular star rating will be awarded.”
New models in Australia often go on sale without ANCAP safety ratings, but are listed as “un-rated”, until such time as a crash test can be completed.
EV Brief’s take on the BYD Atto 3 situation
So what’s the deal for those who have already put down their hard-earned on BYD’s affordable electric crossover? Based on our research — and we hope to be proven wrong — we believe there’s a very slim chance that Nexport will be able to actually follow through with the approvals process, and commence imports and deliveries in Australia by the claimed date of September 2022.
Sure, brands like Tesla, Polestar and Hyundai/Kia have had to revise customer delivery dates for their respective electric models, with most order holders now facing the prospect of waiting until at least 2023 to get into their new EVs due to manufacturing, supply-chain and pandemic-related delays, but all of these vehicles currently hold ADR approval in Australia. In fact, New Zealand is likely to see the BYD Atto 3 before Australia does. It’s simplified vehicle certification process is the result of design rules which align with international standards.
We’ve reached out to BYD importer Nexport for comment, and will update this article if we receive a response.
BYD Atto 3 (Yuan Plus) launches in Australia from $44,990 driveaway, deliveries from July
BYD’s Yuan Plus will launch in Australia as the Atto 3 in mid-2022, and is sure to generate plenty of interest in battery electric vehicles from those yet to experience an EV. Two models will be available at launch, with up to 420km WLTP range.
Priced from $44,990 Driveaway, available in Standard Range and Extended Range variants
Standard Range - 50.1 kWh Blade Battery with 320 km (WLTP) range
Extended Range - 60.4 kWh Blade Battery with 420 km (WLTP) range
150kW/310Nm front-mounted motor, front wheel drive platform
80kW maximum DC charge rate, with 90 minute charge time
What is the BYD Atto 3?
The Atto 3 (Yuan Plus in China) is the first volume passenger model in right hand drive to be imported by Nexport, and has been priced to compete with MG’s ZS EV head on. Sharing the MG’s $44,990 driveaway pricing — in Tasmania only mind you — the Atto 3 actually costs more than that headline figure in New South Wales $47,110 driveaway), South Australia ($46,700 driveaway) and most other states and territories, though various EV incentives should bring that price down by around $2,000-$3,000 Australian dollars.
While we’ve seen Nexport use the BYD Han sedan and Tang large SUV for promotional purposes as the brand launched in Australia last year, we’ve always had an inkling that BYD’s local launch headliner would be a compact SUV. With eight of Australia’s top ten-selling vehicles in January 2022 offering an elevated ride height, this segment of the market is where the sales are (like it or not fellow wagon fans).
Which models will make it to Australia?
Two models will be available at launch, a Standard Range variant with a 50.1 kWh battery and 320km range, and an Extended Range variant with a 60.4 kWh battery and 420km range. It was hoped that an 800 volt electrical architecture would be standard on the Atto 3 as part of the brand's next-generation offering, but it appears that hasn't made the cut for budget reasons. BYD claims a maximum DC charging rate of 80kW, taking a leisurely 90 minutes to fill the Blade Battery (though the company hasn't stated whether that is for a 0-100 percent charge, or for a 10-80% charge). AC charging is available, with support for 3-phase charging capability.
The front-mounted permanent magnet synchronous motor drives the front wheels, and offers 150kW of power and 310Nm of torque. While BYD hasn't confirmed the weight of the models arriving in Australia (we expect it to be around 1,500-1,600kg), the company quotes a 0-100 km/h (0-62 mph) time of 7.3 seconds, 1.2 seconds faster than the current generation MG ZS EV.
BYD Atto 3 design and interior
The Atto 3's exterior is a pleasing if restrained SUV design. Chinese automakers from BYD to Great Wall Motors, Nio and Xpeng now understand that consumers - domestically and abroad - crave design and perceived quality over straight-out value, and the BYD Atto 3 designed by Wolfgang Egger (of Alfa Romeo 8C Competizione fame) is a far cry from what many western consumers think of when you say "Chinese car". Sure, the slim LED headlamps, faux, muscular air intakes, sharp hip-line, textured C-pillar and wraparound tail lights seem to be common EV styling tropes of the 2020s, but the overall look of BYD's "Dragon Face" design language is clean, cohesive, and contemporary; its one of the nicest looking compact SUVs on the market. We're still not sure of that naff "Build Your Dreams" lettering on the rear hatch though.
Over to the inside, and...yeah. It's not to our tastes, with BYD citing design influences from "fitness and music". To us, that should translate as a strong, high-quality cabin, and a high-end audio system, but BYD's interior designs are trying to appeal to the youth of today, not your grandpa looking to trade in his circa-2000s Mercedes-Benz E-Class.
Interior door grips look like fitness equipment, and the HVAC system has odd rotating wheels (they remind us of a Boeing 737's trim wheels) that are meant to take inspiration from dumbbells. There are elastic ropes to secure items in the door bins (like XXX) which BYD says are inspired by guitar strings. Yes, they make a noise when "plucked", and yes, those of us with toddlers will never, ever buy this car for that reason.
There's a mix of shapes and textures inside, many of them appearing to be quite soft to the touch. Standard equipment includes a panoramic sunroof that electrically slides, power tailgate, 12.8-inch rotating central infotainment screen, 5-inch digital driver's info display, wireless phone charging, keyless entry and start, digital radio, electric seats, DAB digital radio and Bluetooth with audio streaming. Oh, and there's in car karaoke, and a guitar controller. There's a full complement of active and passive safety systems, from Intelligent Cruise Control, Hill Descent Control and Lane Departure Warning, to front and rear collision warning and rear cross-traffic alert.
Size and packaging of the BYD Atto 3
The size of the Atto 3 is on par with Hyundai's Kona Electric and Kia's Niro EV. there's a wheelbase of 2,720mm, and an overall length of 4,455mm. We'll have to wait and see what this actually means for passengers and their luggage, and whether a front boot is included, but expect the Atto 3 to be able to handle a large suitcase and a couple of carry-ons in the rear, and there's likely to be a similar amount of space to the aforementioned Koreans. BYD has yet to provide any figures for luggage capacity.
What do we think? We'll have to wait to drive it of course, but our mantra is greater choice in the market (especially at the cheaper end) is unquestionably a great thing. BYD's (and Nexport's) greatest challenge will not necessarily be convincing customers that the Atto 3 suits their needs, rather that customers can trust the brand to provide a high level of customer service right throughout the buying process and ownership period, and secure enough vehicle stock in a timely manner.
Subaru releases more images of its 2022 Solterra electric crossover
Subaru has released more images of its Solterra electric crossover, ahead of a 2022 launch. The vehicle appears to share strong visual similarities to the jointly-developed Toyota BZ4X
Subaru teases its upcoming Solterra electric crossover, expected to hit the United States early in 2022, as a 2023 model. Jointly developed with Toyota on a shared modular electric-only platform, the Solterra has a striking resemblance to the BZ4X inside and out.
While we don’t have specifics on the drivetrain or battery, we can expect Subaru to have been heavily involved in the all-wheel-drive development, given its expertise in this area. Toyota likely brought its electric drivetrain experience to the table, and together, the two companies hope to minimize development costs, and bring a (relatively) affordable mass-market electric crossover to consumers.
Speaking of which, pricing for both vehicles is expected to start in the mid-to-high $30,000 range for US market vehicles, competing directly with the $39,995 VW ID.4.
The design of the Solterra is — if we’re completely honest — a little underwhelming. As a child of the 1990s, I always used to covet the brand’s range of vehicles, from the quirky styling of various Imprezza WRX models, to the restrained-yet-handsome Liberty/Legacy. Subaru’s reputation for performance always added to the brand’s cache for aspiring drivers too.
Many would agree that in the last few years Subaru’s range of vehicles has been rather forgettable, or at best not particularly memorable. Both Toyota and Subaru are playing it safe with the BZ4X and Solterra from a design and technological standpoint. Don’t expect too many technological firsts as the Japanese auto giants navigate their way through the development of their first electric vehicle. Let's hope that Subaru at least can inject some dynamism into its first battery electric vehicle.
Toyota announced a technology deal with Warren Buffet-backed Chinese battery giant BYD back in 2020, however it remains a tightly held secret as to whether this was simply a research and development joint venture, or whether it will lead to BYD supplying its Blade Battery packs for use in the Solterra/BZ4X.
BYD EA1 (BYD Dolphin) EV hatchback walkaround video from China
We’ve covered the BYD EA1 previously, but until now, there have been few detailed English language reviews of the car. Wheelsboy on YouTube brings us an up-close walkaround of the vehicle in a BYD showroom, giving us some insights on the styling and features of the vehicle.
We’ve covered the BYD EA1 previously, but until now, there have been few detailed English language reviews of the car. Wheelsboy on YouTube brings us an up-close walkaround of the vehicle in a BYD showroom, giving us some insights on the styling and features of the vehicle.
For the Chinese domestic market, the EA1 is actually named 海豚 (Pinyin: Hǎitún), or Dolphin, hence the rather oceanic-themed marketing surrounding the vehicle. Ignoring the inflatable Orca on the roof It’s important to take this vehicle seriously. The EA1 offers a refined and upmarket design language for a small electric city car, with use of a clamshell-like front hood/bonnet, coloured trim accents, signature LED lighting all around, with a dramatic rear light cluster evoking traditional Chinese knots , and a spacious, practical interior. In a world where manufacturers are racing to build more and more electric crossovers and SUVs, no company has cracked the global compact city car formula yet.
The EA1 features BYD’s patented Blade Battery pack, which claims a lifecycle of 1.2 million km after 3,000 charge/discharge cycles and an extensive single-charge range capability. The company manufacturers its battery packs in house, at a 20 GWh facility in Chongqing, China.
Australia is likely to first see the EA1 in a rideshare capacity, after right-hand-drive distributor Nexport signed a deal with rideshare vehicle leasing company Splend for 3,000 electric vehicles.
New South Wales government to add 35 electric buses to its North Shore fleet
The New South Wales Government has appointed Busways North West as the operator of bus services in Sydney’s North West and select areas of the Lower North Shore, and the company has committed to introducing 35 electric buses to replace diesel buses that have reached the end of their life.
The New South Wales Government has appointed Busways North West as the operator of bus services in Sydney’s North West and select areas of the Lower North Shore, and the company has committed to introducing 35 electric buses to replace diesel buses that have reached the end of their life.
“Busways is an Australian-owned family company which currently runs bus routes, with integrated On Demand services, in Sydney’s West and the Hills District, and will now operate in the North West and Lower North Shore,” Mr Constance said.
“Busways will introduce 35 electric buses to replace diesel buses that need to be retired, meaning cleaner, quieter and smoother rides for customers. Charging infrastructure will be installed at the Willoughby depot to support the new fleet.”
Nexport is likely a contender to receive the purchase order. As a growing Australian business, with the company recently announcing a $110 million funding injection from Hong Kong-based financier Tor Investment Management, Nexport plans to partner with Australian technology giant Tritium —which is soon set to list on the NASDAQ exchange— to build EVs in Brisbane and the Australian Capital Territory. Nexport is already building buses using BYD drivetrains and Gemlang/Volgren bodies in New South Wales and Victoria.
We’ve reached out to Transport for New South Wales to get more information on the buses.
Nexport to bring self-branded last mile electric van to Australia in October 2021
Australia's importer for BYD vehicles and electric buses Nexport has revealed that it plans to bring an all-electric commercial van to Australia, with customer test drives commencing in October 2021, and deliveries in 2022.
Australia's importer for BYD vehicles and electric buses Nexport has revealed that it plans to bring an all-electric commercial van to Australia, to be named the Nexport DLX. In a statement via Linkedin, Nexport managing director Luke Todd said that “Mass production in NSW will commence in early 2022. We will soon announce price and specifications....Nexport is creating jobs for Australians wishing to join the clean-tech manufacturing renaissance.”
Nexport DLX revealed on Linkedin
Earlier in the week, Todd also posted on Linkedin, stating “ARRIVED. Introducing the DLX electric logistics truck, the newest addition to the Nexport suite of zero-emission products. Customer test drives to commence in Australia by October 2021. Customer deliveries scheduled for Q1, 2022. No overhyped market build up needed. The DLX just arriEVd and will deliEVr.”
The use of “Arrived” references UK-based EV commercial vehicle startup Arrival, which currently has a similar electric van in development, with production to commence in the third quarter of 2022. Arrival has no plans to bring its vehicles to markets outside North America and Europe at this stage.
Nexport’s vehicles will eventually be manufactured in Australia
This is a very short but welcome timeline from Nexport; Australia’s transport emissions have grown steadily over the last few decades, and account for one-third of our greenhouse gas emissions according to the Climate Council.
Nexport already manufactures buses in Australia, utilising BYD powertrains and bus bodies from Gemilang and Volgren, so it’s possible that they are leveraging existing manufacturing capacity to bring the DLX to market so quickly. Another scenario could be that the company plans to “flat pack” vehicle bodies and drivetrain components, ready for final assembly on Australian shores.
Nexport has plans to eventually establish a passenger and commercial vehicle manufacturing facility in Australia, on a 51 hectare site 90 minutes south-west of Sydney. We have contacted Nexport for more information and will update this post accordingly.
Source: LinkedIn
BYD EA1 hatchback officially named Dolphin, based on 800 V EV platform
BYD’s EA1 electric hatchback, unveiled at Auto Shanghai back in April, has been officially named Dolphin, and adopts a new design philosophy of “ocean aesthetics”.
BYD’s EA1 electric hatchback, unveiled at Auto Shanghai back in April, has been officially named Dolphin.
Adopting a new design philosophy of “ocean aesthetics”, the Dolphin is reminiscent of VW’s ID.3, and features a tall body with short front and rear overhangs. We’re not sure how the ocean theme has been realised (are those gills at the front?) However, it’s a pleasing if conventional small EV design.
BYD announced the new name alongside these images via its Weibo account in China. Designed by Wolfgang Egger — formerly of Alfa Romeo and the Volkswagen Group — The Dolphin introduces a new elongated BYD logo,
Specifications for the Dolphin were discovered in a regulatory filing with China’s Ministry of Industry and Information Technology (MIIT). The Dolphin offers a wheelbase of 2,700mm, and a length, width and height of 4,070mm, 1,770mm, and 1,570mm.
Underpinned by BYD’s e-Platform 3.0, this next-generation EV architecture features an 800 V battery system to increase efficiency and allow for very fast charging. Heat pump technology will be standard, as will BYD’s signature lithium-irn-phosphate (LFP) Blade Battery technology.
The Dolphin will also debut BYD’s self-developed automotive OS dubbed BYD OS, which the company claims will bring enhanced autonomous driving.
Alongside the BYD e2, Nexport plans to bring the Dolphin to Australia in 2022 starting from “well under $35,000 AUD”. At this stage, it is not known whether the Dolphin nameplate will make it to markets outside China.
Source: Gasgoo Auto News
Former Canoo CEO to join Apple as Cupertino company works on Project Titan EV
The Verge is now reporting that Ulrich Kranz, co-founder and CEO of EV startup Canoo — and also formerly a BMW executive during the i3 and i8 development periods — will work on Apple’s electric vehicle program under former Tesla executive Doug Field.
Apple has had a large team working on its electric vehicle platform since 2014, which is codenamed “Project Titan”. After an initial focus on autonomous technology and systems, the company has reportedly pivoted back to vehicle development and has held talks with battery giants BYD and CATL. According to sources for Reuters, Apple is keen to develop a US battery factory with whoever signs on to the project.
The Verge is now reporting that Ulrich Kranz, co-founder and CEO of EV startup Canoo — and also formerly a BMW executive during the i3 and i8 development periods — will work on the Cupertino company’s electric vehicle program under former Tesla executive Doug Field.
Kranz even help talks with Apple during the development of Canoo’s EV platform, however talks between the two companies broke down as Apple was more interested in the acquisition of the startup rather than investing in the business.
The Verge has noted that Kranz was one of a number of top executives who have departed Canoo over the last twelve months, with the company’s first CEO Stefan Krause, and CFO and chief counsel also leaving the business.
Canoo went public on the NASDAQ in December 2020 via a SPAC deal, and is thought to have received close to $600 million USD from the deal. The company’s stock price launched at $22.82, and is currently trading at $9.76 at the time of writing.
Canoo is looking to fill a niche in the increasingly crowded EV market, by developing and building commercial electric vehicles for small businesses. Its Multipurpose Delivery Vehicle (MPDV) and Canoo Pickup are scheduled for launch to US-based customers by 2023.
Not much is known about Apple’s Project Titan, however it’s believed that the company’s focus on autonomous driving alongside a vehicle platform could lead the tech company to compete with Tesla, in the race to get a fleet of autonomous taxis onto the streets.
Source: The Verge
St Baker Energy Fund to invest $20 million in TrueGreen Mobility ahead of introduction of $35k BYD EA1 and T3
This week, Australia’s e-mobility focused TrueGreen group announced that the St Baker Energy Innovation Fund (StBEIF) will be injecting $20 million into its business, as the company looks to roll out two BYD electric passenger and commercial vehicles in Australia later this year from $35,000.
This week, Australia’s e-mobility focused TrueGreen Group announced that the St Baker Energy Innovation Fund (StBEIF) will be injecting $20 million into its business, as the company looks to roll out two BYD electric vehicles in Australia later this year from $35,000.
The BYD T3 commercial van will lead the charge, offering a 50 kWh battery with 300 km (186 mile) range. The compact BYD EA1 — recently unveiled at the Shanghai Auto Show — will follow later in 2021, and will offer customers a 500km range .
Luke Todd, TrueGreen Mobility chief executive said there was “pent-up demand” from businesses for electric transport and that TrueGreen Mobility expected to sell thousands of small vans nationally.
Speaking with The Driven, he stated “With our products, electric vehicles have now reached price parity with combustion engines, so a switch to EVs makes perfect economic, commercial, environmental and moral sense.”
Rodger Whitby, CEO of the StBEIF, said the $20 million financial injection was a “relatively small token of collaboration” and that the fund would spend tens or hundreds of millions of dollars expanding Evie Networks’ public charging sites according to the Australian Financial Review.
A little history. If you don’t know the name Trevor St Baker, you probably should. An expert in electricity utility planning in Australia in the 1960s and 1970s, he ultimately went on to found a number of private power development companies, with investment in Australia, South East Asia, and the United States.
Mr. St Baker is pro-nuclear and coal power, and has publically criticised the idea that renewables can provide baseload power while advocating for coal power stations to delay their closure.
In 2013, he formed the StBEIF, of which the primary purpose was to invest in energy start-up businesses, and that’s where Tritium — an EV charging hardware company you may have heard of — comes in.
The StBEIF is focused on investing in electric vehicles, despite its history in the oil and gas sectors. Speaking to the Sydney Morning Herald, Mr. St Baker said “People are marching in the street for decarbonising and net-zero emissions and they’re really serious about it,” he said. “Decarbonising and electrifying the transport sector is an absolutely essential part of that.”
The StBEIF’s $40 million ($31.051 million USD) investment in Tritium paid off, with the Australian-based company set to list on the NASDAQ through special purpose acquisition company (SPAC) Decarbonisation Plus Acquisition Corporation II, itself owned by asset management firm Riverstone Holdings. The enterprise value is expected to be $2.2 billion ($1.708 billion USD).
The StBEIF will also assume a seat on the board of TrueGreen Group. The fund also backs Australian high-speed EV charging company Evie Networks.
Australia's Nexport enters deal with Splend to supply 3000 BYD electric vehicles from 2022 [updated]
Following the signing of an historic distribution agreement to allow Nexport to sell right-hand-drive BYD vehicles globally, Nexport has announced its own historic deal to provide 3000 BYD electric vehicles to ride-share leasing business Splend
[updated] Speaking with Luke Todd, CEO of Nexport and TrueGreen this afternoon, he confirmed to EV Brief that of the 3,000 BYD units in the MOU, 2,000 would be making their way to Australia. This is a significant figure, given around 5,000 battery electric vehicles were sold in Australia in 2020. He also confirmed on-demand drivers would be trained and educated in the BYD model range to provide demonstration drives to potential customers.
We're hoping to speak with Todd this week on the podcast, covering all things BYD.
Following the signing of a historic distribution agreement to allow Nexport to sell right-hand-drive BYD vehicles globally, Nexport has announced its own historic deal — a Memorandum of Understanding (MOU) with Splend — to purchase 3,000 BYD electric vehicles.
We hadn’t heard of Splend until this media release hit our inbox, but the Australian and United Kingdom-based company provides flexible vehicle subscription and ownership plans specifically for rideshare and delivery drivers on platforms such as Uber, DiDi and AmazonFlex. Splend provides rental or rent-to-own plans for drivers, inclusive of servicing and maintenence, roadside assistance and driver training.
The MOU between Nexport and Splend will see the 3,000 BYD vehicles delivered across the UK and Australia from early 2022; in addition, it also includes a deal that will see Splend provide demonstrator vehicles for new BYD buyers, as part of Nexports direct to consumer sales model through EV Direct.
As commuters are slow to return to public transport in COVID-19 affected areas, demand for rideshare services across the globe is increasing, and the electrification of these trips is key to reducing emissions in our cities. reducing costs and improving profits and reliability for drivers.
Splend is already advertising that they will be offering electric vehicle options soon for drivers, and Uber will be reducing their commission by 50% for every EV ride until 30 June 2022.
At the time of publishing, we don’t have a figure on the proportion of units allocated to Australia and the UK, but will update this article with a comment from Nexport when we can.
Source: Nexport
Xpeng P5 EV set for April 14 reveal; company posts all time quarterly sales record for 2021 [UPDATED]
Chinese electric vehicle manufacturer Xpeng (also known as XMotors.ai and Xiaopeng Motors) will reveal their P5 mid-size electric sedan online on April 14 at 2pm ET/8pm CET/4am 15/4 AEST prior to the media and public reveal at the Shanghai Auto Fair.
Xpeng’s upcoming P5 sedan
[Updated]: Chinese electric vehicle manufacturer Xpeng (also known as XMotors.ai and Xiaopeng Motors) will reveal their P5 mid-size electric sedan online on April 14 at 2pm ET/8pm CET/4am 15/4 AEST prior to the media and public reveal at the Shanghai Auto Fair. This follows the recent sighting of camouflaged prototypes undergoing final development testing on the streets of China, and the following teaser image from XPeng:
XPeng’s Chairman He Xiaopeng has hinted in previous discussions with Chinese media that the P5 will be the first production vehicle with Lidar technology — now confirmed in the above tweet — and that the P5 will be equivalent in size roughly to the Toyota Camry and Honda Accord (and obviously, Tesla’s Model 3)
The P5 carries the company’s contemporary styling cues, and appears to offer two driver displays in the interior. The vehicle architecture is shared with the company’s G3 crossover, and customer deliveries are expected to commence towards the end of 2021.
XPeng posts best ever monthly and quarterly sales results
Admittedly, XPeng’s 2020 sales didn’t hit expectations due to a number of factors—only 6 months of P7 sedan sales as well as the COVID-19 pandemic—but the company has posted strong numbers for this year, with 13,340 sales from January to March 2021, versus 1,419 for the previous period in 2020. The company sold 7,974 P7 sedans, and 5,366 G3 SUVs, and also surpassed a cumulative total of 50,000 vehicles.
According to XPeng, "The Company attributed the record quarterly deliveries to its growing brand recognition and product appeal, expanded product portfolio and its relentless efforts in broadening sales, marketing and supercharging service networks across China."
Xpeng is working hard to continue growing its sales as well as its brand in China, and faces stiff competition from BYD, NIO, upcoming Zhiji Auto and of course, Tesla. XPeng is growing its DC fast charging network across China, with over 935 sites across 139 cities available by the end of 2021. The company has also reached an agreement with NIO for customers of either brand to be able to share fast charging stations. In addition, Xpeng has brought in a lower-priced lithium iron phosphate (LFP) battery option from CATL, designed for city-based customers for whom a longer battery range is of limited value. Customers who opt for the LFP battery option can expect to save around RMB 20,000 ($3,000 US) per vehicle.
BYD achieves record new energy vehicle sales in China for Q1 2021, strong 2020 net profit
Chinese automaker BYD has had a strong sales start to 2021, with 53,380 passenger vehicle sales in the first quarter, comprising battery electric vehicles (BEVs) and plug-in hybrid electric vehicles (PHEVs). That represents a 148 percent increase over the same period last year.
Chinese automaker BYD has had a strong sales start to 2021, with 53,380 passenger vehicle sales in the first quarter, comprising battery electric vehicles (BEVs) and plug-in hybrid electric vehicles (PHEVs). That represents a 148 percent increase over the same period last year, where 21,520 new energy vehicles were sold.
2020 sales were obviously heavily affected by the COVID-19 pandemic in China, but it’s important to see automakers in China returning to strong numbers, even in what is a traditionally quiet sales period after January’s pre-Chinese New Year sales rush.
March 2021 marks the seventh consecutive month of year-on-year growth for BYD’s new energy vehicle sales, and the company is continuing to innovate, with improvements to its in-house lithium iron phosphate (LFP) ‘Blade Battery’, including the claim of over 3,000 available charge cycles or 1.2 million kilometres from the new cells.
BYD’s revenue and profit soars in 2020
BYD has also posted annual revenue figures for 2020, and despite COVID-19, posted a revenue figure of 156.598 billion yuan ($23.87 billion USD). This represents an increase of 22.59 percent over 2019. Net profit attributable to shareholders also headed for the sky, with a 162.27 percent increase over 2019, to 4.234 billion yuan ($645.349 million USD).
All this despite the company’s 2020 output of new vehicles—including fossil fuel powered vehicles and commercial vehicles—declining 5.08% year over year:
BYD 2020 sales
Total new vehicle sales: 431,954 units (down 5.08%)
Total passenger vehicle sales: 394,608 units (down 3.62%)
Total new energy vehicle sales: 162,893 units (down 12.52%)
Total fossil fuel passenger vehicle sales: 231,715 units (up 3.81%)
Analysts have forecasted that BYD's net profit attributable to shareholders for the first quarter of 2021 is forecasted to reach 200 million to 300 million yuan ($30.482 million to $45.723 million USD), an increase of somewhere between 80 and 160 percent from the first quarter of 2020.
BYD is going from strength to strength, trouncing rivials NIO and Xpeng in sales volume (however both manufacturers also had strong first quarter results, despite lower volumes), and recently announcing a slew of new passenger vehicles for 2021 (which will exclusively use BYD’s in-house ‘blade battery’) and the expected unveiling of a new EV brand in the next few weeks.
Source: Gasgoo
Top 5 all-new electric vehicles bound for Australia in 2021
While Australians may have to wait longer for new models than northern hemisphere countries (and longer than our New Zealand neighbours for that matter), the future of all electric passenger cars in Australia is bright. Here are some of our highlights, expected to land in 2021:
Australia’s government has a topsy-turvy list of priorities when it comes to the nation’s shift to renewables and zero emissions vehicles, and while we may have to wait longer for new models than northern hemisphere countries (and longer than our New Zealand neighbours for that matter), the future of all electric passenger cars in Australia is bright. Here are some of our highlights, expected to land in 2021:
Hyundai Ioniq 5
We’re excited about the IONIQ 5 for a number of reasons. Hyundai has proven it can make competent, efficient electric vehicles, and the IONIQ family should continue this trend.
Moreover, IONIQ brings with it a unique design language dubbed ‘parametric pixel’ that is rectangular, futuristic and bold in a sea of familiar compact SUVs. Not just a pretty face, the IONIQ 5 promises an advanced 800 volt architecture, with fast charging up to 350kW, and V2X technology to power almost any device. The IONIQ 5 prototype has already been spotted in Sydney undergoing final testing, so its clear parent company Hyundai sees Australia as an important market for the new brand.
2. Tesla Model Y
Tesla’s Model Y isn’t the new kid on the block anymore, but that doesn’t mean Australians won’t want it. Sporting all the same technology that underpins the Model 3—Australia’s best selling EV— the Model Y features the raised driving position and spacious cabin that makes SUVs so popular in Australia. Available overseas in rear wheel drive Standard Range Plus guise, as well as all wheel drive dual motor Long Range and Performance variants, the Model Y is expected to start from A$80,000-$90,000 for the Standard Range Plus, A$90,000-$100,000 for the Long Range and A$100,000-$110,000 for the Performance variant by the time it lands in Australia. Though there’s nothing offical from Tesla, with the Model Y production line in China now operating, we can expect Tesla’s small SUV to join the local line-up sometime in the seond half of 2021.
3. BYD Han
BYD’s Han sedan is exciting for a number of reasons; firstly it’s a svelte, handsome sedan with performance and luxury to match its looks. With a 76.9kWh LFP blade battery and a range of 500+ kilometres, the Han can accelerate to 100 kilometres per hour (62 miles per hour) in 3.9 seconds. It’s got a luxurious interior too, and priced from 279,500 RMB (about AUD$55,500) in China we believe the Han could have a decent slice of the EV market share if priced at or below Tesla’s Model 3 (around AUD$70,000). Importer Nexport currently has one left hand drive Han in Australia, possibly for evaluation/compliance purposes. While no official launch timing has been revealed, Nexport’s direct-to-consumer site evdirect.com.au is planning a big announcement for Wednesday 10 February.
4. Porsche Taycan
EV Performance, refinement and efficiency combined with Zuffenhausen’s legendary interior and exterior design? What’s not to love? Well, the eye-watering price for starters. Forget for a moment that the Taycan Turbo S Starts from $366,133; less expensive variants will eventually make their way down under. It’s significant that one of the world’s most revered sports car manufacturers should design and develop an all electric vehicle, and from overseas reports, the Taycan hasn’t lost Porsche’s handling and performance DNA. Real world range of the standard 79.3kWh battery is also greater than the official figure of 326 kilometres as we reported here. Deliveries are expected to commence in February 2021.
5. BMW iX
Yes it’s another SUV on the list, but isn’t that what the market wants? Looks are subjective, but one can’t argue with the imposing face of the iX. While a big, hulking electric SUV may not be our cup of tea, it makes the list because in inner-city parts of Australia where the BMW X5, Porsche Cayenne and Mercedes-Benz GLE are king. Electrifying these vehicles will have a significant impact on emissions and perceptions around electric vehicles. While Mercedes-Benz’ EQS has been on the scene for over a year now, BMW’s iX rides on a new-from-the-ground-up advanced aluminium space frame/CRFP composite chassis designed specifically for EVs. BMW claims a WLTP range of “over 600 kilometres” and an engine output of “over 370kW”, and the iX should arrive in Australia before the end of 2021.