I haven't posted an EV musing in a while, so here goes. I will post rumors, facts, and opinions regarding the EV marketplace today.
A good one (with media release after the "read more" jump) is that the Polestar Precept "commitment car" will enter production. The Precept is intended to compete with the Tesla Model S and the Lucid Air luxury sedans. As you can see from the above pic, the Precept is an attractive vehicle that should do well in the marketplace. No specs were released, but the Polestar 2 sedan that is currently available is a competitive EV entry, so the Precept should have decent bona fides. In fact, Polestar is building a new facility for Precept production, so availability is a ways off. Check back as more info is released.
Early (serious) EVs that entered the market, were higher-end, proof-of-concept models for the most part and they have done their jobs. After Tesla set the EV standards. others have rushed in to grab a "slice of the pie" often with sub-par entries. But the one thing Tesla accomplished was to prove that EVs were viable alternatives to ICE (internal-combustion engine) vehicles. EVs are also cheaper to run than ICE vehicles (see Consumer Reports) and create almost zero pollution depending on where the electricity is generated. At some point in the near future, all new vehicles will be either EVs or battery-electric vehicles (hybrids, plug-in hybrids). One positive note regarding the COVID-19 pandemic, was the fact that every city that locked down, saw air pollution drop dramatically. Here in California it was very dramatic and was noted by the International Space Station as the difference was that noticeable. And let's not forget the effect EVs have and will have on climate change. Climate change is responsible for the incredible heat we've been having in California that has spurred on the numerous wildfires. And as the smoke drifts eastward, the fires will effect the whole country if not the world.
Speaking of Tesla, one thing that Tesla did right that others are just realizing is the fact that batteries and battery technology is important and can't be left for others to develop. Tesla creates most of its own batteries (sometimes built by others under license) and has purchased battery development companies to improve battery tech. Tesla's recent battery day reveal showcased their latest developments that should reduce cost and allow for less expensive models (like the smaller vehicles planned for production in China and Germany). VW's new ID 4 SUV will hit the market by the end of the year here in the US, but VW won't bring the compact ID 3 here. Big mistake. Why do automakers ask dealers what they want? Dealers only want big vehicles with big profit margins and to be honest, most don't know how to service or sell EVs. That will change with pressure from manufacturers and when dealers realize that consumers are going elsewhere to get what they want, not what the dealer wants to sell.
One thing I want to remind people is that an electric motor is a powerplant option just like gas or diesel. Folks shouldn't be so threatened by EV adoption. That is unless they have financial ties to the oil and gas industries. Some folks are reluctant to learn new things like KWh, Nm, and charging rates instead of horsepower and torque. And remember that as more green energy alternatives create more of our power needs, oil companies could have invested in new energy sources, but chose not to...at least in the beginning. "May we live in interesting times" indeed. More to come...
Sources: Various