Electric Cars
LG Chem will cover most of Hyundai’s large EV recall costs
In late February, it was announced that Hyundai Motor will replace LG Energy Solution batteries in approximately 82,000 electric vehicles worldwide due to the risk of fire. The recall will cost the manufacturer $ 900 million.
LG Chem has agreed to cover 70% of the recall costs, the source said.
The recall covers mainly Kona and Ioniq electric vehicles sold in South Korea, the United States and Europe. They use batteries manufactured at the LG Chem plant in Nanjing, China.
This is by far the most expensive review in the history of electric vehicles. The huge costs with a relatively small number of vehicles involved are a consequence of the need to replace the entire battery. It is known that it accounts for about 30% of the cost of an electric vehicle.
Following the agreement, the partners revised their 2020 financials to include recall costs.
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Electric Cars
Traction batteries from China’s BYD have been approved for use in the Tesla Model Y for the European market. The first batch of batteries has already been delivered to the company’s Berlin factory
According to the source, the Dutch regulator RDW on July 1 of this year issued a permit for the use of traction batteries in the Tesla Model Y electric car. Moreover, the first batch of such batteries has already been delivered to the Gigafactory Berlin for car assembly.
Tesla Model Y with BYD solid-state traction batteries is coded Type 005 and internal code Y7CR. The battery capacity is 55 kWh, the weight of the Model Y with such a battery is 2087 km, the cruising range is 440 km.
At the moment, Tesla traction batteries are supplied by LG Energy Solution, Panasonic and China’s CATL. Last year, Tesla became the largest buyer of CATL batteries, shipping $1.9 billion worth of products to the American company. Now, the second Chinese company has entered the Tesla traction battery supplier pool. Moreover, in the domestic Chinese market, Tesla and BYD are direct competitors, since both produce electric vehicles.
The Hong Kong company Airtrick came up with an interesting initiative. It offers removable E-Skates that can be used instead of electric scooters.
Rollers weighing 1.5 kg each are suitable for shoe sizes from 36 to 46. According to the manufacturer, such rollers can be easily put on, taken off and put into a bag.
The rollers are equipped with 150-watt electric motors, capable of accelerating to 27 km / h and providing a power reserve of 15 km. They are protected from moisture (IPX3).
The price starts at $ 399, the versions are rich in equipment, some have a helmet. So far, the videos are being produced in China and recently entered the Indiegogo co-financing platform.
The JetRacer flying car was unveiled this month by former jet ski world champion Frankie Zapata. The Frenchman’s eponymous company has produced a number of other microjet-powered aircraft that operate above water or above ground, including the recently introduced JetRacer.
JetRacer Zapata differs from other aircraft in its unusual shape. Also, unlike other electric vertical takeoff and landing (eVTOL) vehicles, the JetRacer has no visible propellers and runs on kerosene instead of batteries.
It flies using 10 microjet engines, climbing up to 3,000 meters and reaching a top speed of 250 km/h. JetRacer can move at speeds up to 250 km/h.
“JetRacer is built on a lightweight and modular chassis, which allows it to meet a variety of needs, both civilian and military, as well as be remotely controlled,” Zapata’s official website says. “All critical systems are designed to provide an extremely high level of safety: propulsion, control, power supply, etc.”
The JetRacer is designed to keep flying even if two out of ten engines fail. Zapata is working on two additional JetRacer prototypes, with plans to sell the machine to individuals, businesses, security agencies and the military.
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