Fisker unveils luxury sedan in August: Henrik Fisker published first pictures of his EV Fisker EMotion at the end of last year, saying it would rely on graphene-based batteries with a range of 400 miles. Now the company has specified the date for presentation, namely the 17th of August.
Another Tesla challenger comes from Chinese EV start-up Future Mobility, which is supported by Foxconn as well as Tencent and led by former BMW-i-Manager Carsten Breitfeld. It has set the launch of its first concept vehicle for the second half of 2017. The mid-size SUV with a range of 500 km is to roll off the lines in 2019 and be priced between 300,000 and 400,000 Yuan (40,000 to 53,000 euros).
GM presents Chinese Volt: The Buick Velite 5, basically a version of the Chevy Volt with range extender for the Chinese market, has found the spotlights of the Shanghai show. The electric range is 116 km according to local standards and prices start at 265,800 Yuan (38,600 dollars).
Tesla with risky production strategy: In order to win time, Tesla intends to skip the limited production phase using lower grade equipment, Reuters has learnt. Instead, CEO Elon Musk intends to start mass production of its Model 3 directly with final equipment, ignoring approved car industry standards.
Conti to invest in EV tech: Until 2021, the car supplier wants to boost its electric drive division with additional 300m euros. With this strategy the company hopes to increase the turnover in this unit from today 130m to then 1bn euros and to further push to up to 2bn by 2025. This anticipated sales growth shall “more than compensate” the expected decrease of business for conventional cars.
Daimler energy storage for homeowners: The car manufacturer sold its first energy storage units for residential use and still has a long list of pre-orders to handle. As reported, Daimler subsidiary Accumotive is currently installing a second battery production facility at its site in Kamenz.
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