German automaker Porsche CEO Oliver Blume expects half of its production to be electric vehicles by 2023. The Mission E will be Porsche’s first all-electric vehicle which is planned to enter production in 2019 with 20,000 units. This is 10% of the company’s current production. Porsche is preparing for a capacity of 60,000 EVs per year at its Zuffenhausen plant. That capacity would quickly make electric vehicles an important part of its overall production and would enable the company to get to 50% of its total production faster than any established automaker.

The Edison Electric Institute and the Institute for Electric Innovation predict 7 million electric vehicles will be on US roads by 2025—up from 567,000 at the end of 2016. They also predict about 5 million EV charging stations will be required to support those vehicles. EV sales are projected to represent 7% of all vehicle sales in the US by 2025, with these vehicles making up 3% of all cars and light duty trucks in the US. The study says the driving force behind the rapid uptake in EV purchases are increasing consumer awareness of the vehicles, rapidly declining battery costs, and stringent fuel emission standards.

 

Note: PEVs (plus-in electric vehicles) include both plug-in hybrid electric vehicles and battery electric vehicles. (For the different types of electric vehicles see here.)

CEO Francesco Starace of Europe’s largest electric utility, Enel SpA in Italy, said the pace of adoption for electric cars over the next few years will be faster than people expect. His firm is about to invest 300 million euros ($341 million) to install 12,000 EV recharging stations across Italy. Italy currently has some 6,000 electric vehicles serviced by 900 public recharging stations and 1800 columns installed on private premises. Starace believes EVs could help stabilize the electric grid and provide a small revenue stream to users when they’re recharging. Enel plans to introduce ‘vehicle to grid’ technology in Italy, which was first implemented in Denmark in August 2016. This technology turns electric cars into large mobile batteries that are able to interact with the power grid. While charging, cars can promote renewable energy generation and balance out power flows on the grid. Starace believes large-scale EV production isn’t far off:

“Electric cars become cheap when they can be sold by the millions and the Chinese industry is ready for that, the Japanese industry is ready for that, some of the American manufacturers are ready and some of the European manufacturers have understood it. We know from their statements that in 2018 extended range electric models of adequate size are going to be put on the market.”

The Belgian capital of Brussels said it will deploy 150 new charging stations for electric cars which will be in operation by 2020. Despite the desire of the city government to promote electric mobility, sales of EVs have not taken off. In the entire country, EV registrations were less than 0.5% in the first quarter of this year.

Electric battery gigafactory announcements have been trending in recent months, with plans for at least 10 new plants revealed in the last six months. Half a dozen have been planned in the last month alone. The recent announcements follow at least five gigafactory announcements for Europe last year. So far new factories are proposed for China, Sweden, Hungary, Poland, Germany, Australia, Thailand and the US. Tesla currently has a large factory operating in the US state of Nevada. Global EV battery-making capacity is expected to more than double by 2021, topping 278 gigawatt-hours a year compared to 103 gigawatt-hours presently. (See 10 Battery Gigafactories Are Now in the Works. And Elon Musk May Add 4 More and China Is About to Bury Elon Musk in Batteries)

London, UK’s transportation operator, Transport for London, is retrofitting 5000 diesel buses to electricity and hydrogen. In the first phase, to be completed by 2020, some 2,500 buses will be retrofitted with hybrid diesel/electric systems, 71 buses converted to battery systems, and 8 converted to run on hydrogen fuel cells. By 2037, London intends to retrofit all of its buses.

New Zealand’s Energy Efficiency and Conservation Authority said there are now more than 3700 electric vehicles on the country’s roads. 4000 EV registrations are expected by the end of the year. The government wants 64,000 electric vehicle registrations by 2021. Last week New Zealand’s government said it would be introducing additional measures aimed at increasing the number of electric vehicles on the nation’s roads.

 

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