Morgan Stanley analyst Adam Jonas has published a report on the decline in the cost of electric vehicles: according to him, within 10 years the cost of a car with an electric power plant will drop to $ 5,000. In his report, the analyst relies on the opinions of people who are in one way or another employed in the industry – equipment manufacturers, component suppliers, and simply experts.
Wuling Hongguang MINI EV is the world’s most popular electric vehicle
In fact, the process of reducing the cost of an electric car is already underway, and the example of Tesla demonstrates it most clearly: if in 2008 an electric car (Model S) cost about $ 100,000, now such a car (albeit already Model 3) is offered for $ 37,500. Yes, in 12 years prices have decreased by only 3 times, but there was practically no competition in the market. We can say that the real producers of mass electric vehicles will begin to compete with each other (and for the consumer) only in a few years, so in the next 10 years, electric cars will become more expensive in price. Moreover, the aforementioned $ 37,500 is already less than the average cost of a new car in the United States.
In China, the Wuling Hongguang MINI EV is hitting sales records for less than $ 5,000 – now the most popular electric car in the world. You can think that soon there will be more analogues of the Wuling Hongguang MINI EV, and this will also affect the global price of an electric vehicle.
Tesla electric cars may be banned in California due to incorrect advertising of the autopilot
The California Department of Motor Vehicles has filed a complaint with the Office of Administrative Hearings against Tesla for incorrect advertising of an electric vehicle autonomous driving system. Lawyers representing the department believe that the word and phrase “autopilot” and “fully autonomous driving” used by the company in advertising materials mislead potential buyers and give them a false idea of \u200b\u200bsafety.
In a statement, the California Department of Motor Vehicles is requiring Tesla to change the description and positioning of the features mentioned above when advertising and selling electric vehicles in California. In particular, the department asks the company to communicate in promotional materials about the limitations of these options in the same way as they are reported on the official Tesla website. Otherwise, the agency will insist on revoking Tesla’s license to sell cars in the state. It is noted that in this case, the restrictions will not affect the owners of already sold cars.
Tesla has 15 days to defend its rights in court. The company has not yet commented on the situation.
The US is not the first country where Tesla has been targeted by the authorities for misleading ads for autonomous driving. In the summer of 2020, a Munich court for the same reasons banned Elon Musk’s company from using the word “autopilot” in advertising for Tesla electric vehicles.
Meanwhile, Elon Musk announced the release of a new beta version of Tesla Autopilot: FSD Beta 10.69 will be released in the US on August 20.
Ford has set a new record for the U.S. electric vehicle market. The company is second in the market after Tesla
In the U.S. battery electric vehicle (BEV) market, Ford is number two, behind only Tesla.
In July this year, the total sales of Ford and Lincoln cars in the domestic market increased by 36.6% in annual terms and amounted to 163,942 cars. At the same time, Ford sales increased by 35.5% to 156,975 units, while Lincoln sales increased by 64.5% to 6,968 units.
Domestic sales of all-electric Ford vehicles hit a new record. In July of this year, the company sold 7,669 such vehicles, which is 169% more than a year earlier. In the structure of Ford sales in the US car market, such cars accounted for 4.9%, which is also a new record for the automaker.
The company notes that the growth rate of sales of Ford electric vehicles is ahead of the dynamics of the entire market, and in terms of the number of cars sold, the automaker is in second place, second only to Tesla.
“Ford’s EV share is growing fast, the company said in a statement. — In July, Ford took a nearly 11 percent share in this segment of the car market, which was the highest figure in the history of the company.“.
In total, in July this year, Ford sold 2,173 Ford F-150 Lightning electric pickups, 4,970 Ford Mustang Mach-E vehicles, and 526 Ford E-Transit vans.
Geely electric vehicles move to Huawei platform
Geely, through its official page on the Weibo social network, announced that Geometry brand vehicles (and these are exclusively electric vehicles) are moving to the Huawei platform. Huawei has both hardware and software platforms for electric vehicles, in this case we are talking about the second.
In the teaser, Geely showed the interior of a promising electric car – the first with the Huawei HarmonyOS Smart Cockpit system. Geely has three models under the Geometry brand – A, C and E. The picture, apparently, appears on the fourth. She will receive a large touch screen on the front panel and a large projection display.
There are no more details about Geely’s upcoming electric car, but as far as the HarmonyOS Smart Cockpit is concerned, it’s a pretty smart system. So, for example, it automatically turns on the dark theme of the media system design depending on the time of day, and also automatically turns on air recirculation at the entrance to the tunnel. The tight integration of HarmonyOS Smart Cockpit allows you to display the navigation running on your phone anywhere – even on the projection screen, even on the dashboard, even on the central display of the media system. And this, of course, is far from all its possibilities.
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