Fusion fantasies are revived: FiatChrysler and Renault boost auto stocks

REUTERS / AFP FiatChrysler, Renault: The topic of possible merger is not yet buried, investors speculate on a new attempt of the merger Reinfected fusion fantasies around Fiat Chrysler and Renault Investors have lured in auto stocks on Wednesday. The European car index grew fastest with 1.7 percent among the industry barometers. The German car… Continue reading Fusion fantasies are revived: FiatChrysler and Renault boost auto stocks

Hyosung Expects to Upgrade National Competitive Edge in Carbon Fiber Industry through Its Carbon Fiber

Carbon fiber is seen as a ‘dream material’ that can change the paradigm of various industries as it can replace steel due to its characteristics of being light but strong at the same time. It is one of few materials that South Korean companies are highly dependent on Japanese companies. Hyosung became the first South… Continue reading Hyosung Expects to Upgrade National Competitive Edge in Carbon Fiber Industry through Its Carbon Fiber

Reality check: CHAdeMO fast-charging stations still outnumber CCS ones

Five years ago, a frequent matter of debate here at Green Car Reports was whether CCS or ChAdeMO would become the electric-car DC fast-charging standard of choice in the U.S.

Soon after that it became quite clear that CCS, with the weight of the European and U.S. auto industry behind it—and then the Korean industry joining later—was going to win.

And yet today, when you look at the actual numbers, as tallied by the U.S. government’s Alternative Fuels Data Center, you’ll find that even now, in the second half of 2019, there are still more places to fast-charge CHAdeMO vehicles than those with CCS.

CHAdeMO, CCS, and Supercharger – Alternative Fuels Data Center, Aug. 20, 2019

As of August 20, 2019, there are 2,140 charging stations and 3,010 connectors with CHAdeMO fast charging. CCS still lags behind CHAdeMO in the number of stations by more than 250, while it has about 500 more connectors. And Tesla has 678 Supercharger locations with 6,340 connectors. The Nissan Leaf lineup is the only one still on the market to primarily use the CHAdeMO standard.

When the first Combined Charging System (CCS) fast charging station finally arrived in the U.S. in October 2013, it was a couple of years behind the rollout of stations using the CHAdeMO standard championed by Japanese automakers and more than a year behind the first Tesla Superchargers.

In 2014 and 2015, Europe stormed ahead with CCS fast-charging infrastructure, and essentially moved to make it the dominant standard, while the U.S. lagged behind in deploying the hardware.

Chevrolet Spark EV at CCS fast charging station in San Diego.

Although the 2014 Chevrolet Spark EV was the first model available in the U.S. with CCS, GM stubbornly maintained that it wouldn’t fund CCS fast-charging sites for its Chevrolet Bolt. Meanwhile, Nissan helped subsidize the growth of a CHAdeMO network. So had early federal and state funding to build “electric highways” with carefully spaced fast chargers, that had been approved (and in some cases completed) before CCS even existed.

Part of the reason why CCS hasn’t gained ground is that, as called out in the Partial Consent Decree of the Volkswagen diesel settlement, Electrify America has to future-proof its stations by operating across different charging standards. Therefore, all public-facing fast chargers will include a CHAdeMO connector—just one, in most cases, running at 50 kw instead of the CCS connectors’ 150 kw or 350 kw.

It’s unlikely that CCS will take the lead for stations/locations this decade. Nationally, Electrify America’s Cycle 2 plan anticipates that just 40 to 50 of about 215 new 150-kw and 350-kw DC fast chargers will be operational by the end of 2019. Meanwhile, under an EVgo plan to install more 100-kw CHAdeMO hardware—jointly announced with Nissan earlier this month, will keep nudging both ahead, as that hardware will also be CCS-compatible.

Tesla Model S with CHAdeMO adapter

U.S. Tesla drivers also can opt for a CHAdeMO adapter, for access to those stations, which tend to be better-located for urban and suburban charging—as opposed to Tesla’s chargers, which tend to be at strategic points for road-trip potential.

Tesla drivers are again the winners. If it weren’t for the terms of the diesel settlement, Nissan and others might not have kept expanding the CHAdeMO network. Add the two standards together and Tesla owners have 2,818 charging locations and 9,350 connectors.

The higher-power CCS chargers (350 kw especially) will start influencing the market more eventually. But in this era of accessibility and cross-compatibility, it's now looking like both standards will be around for a long time.

‘£500million annual profit is not enough for car makers to survive’

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EV charging stations surpass fuel pumps in UK

UK government is planning to support EV adoption further. Recently it has announced a proposal for the installation of charge points for EVs in all new housing. New Delhi: UK has around 1,000 more public electric vehicle charging stations than the conventional fuel stations, claims Japanese carmaker Nissan in a release. The release claims that… Continue reading EV charging stations surpass fuel pumps in UK

Renault’s new boss finds plenty to worry about – The Times

By his own admission, Jean-Dominique Senard, who has the unenviable task of getting Renault’s stuttering alliance with Nissan back on the road, is one of life’s natural worriers. Yet even Senard has had more than usual to fret about since taking over as chairman of the French car-maker in January, two months after the arrest… Continue reading Renault’s new boss finds plenty to worry about – The Times

New Aston Martin Valkyrie testing continues at Silverstone

More images of the Aston Martin Valkyrie hypercar undergoing testing at Silverstone have been released, following its recent dynamic debut at the 2019 British Grand Prix. The sold-out hypercar is entering the final phases of its testing programme, with first deliveries expected by the end of the year. Aston Martin recently unveiled a comprehensive specification… Continue reading New Aston Martin Valkyrie testing continues at Silverstone

Charging stations now outnumber gas stations in Britain

It’s not unusual to hear people wave off the change to fully electric to when EV chargers are as plentiful as gas stations, and when vehicle charging can be done, in a pinch, in nearly the same time.

One side of that equation has already arrived—in the UK. According to Nissan UK, there are about 9,300 public charging stations, as opposed to 8,400 gas stations.

Shell charging station in Britain (higher res)

The number of gas stations has been on a slight decline for the past 50 years in the UK, and some places are becoming petrol deserts. Just four gas stations exist in London’s congestion-charge zone, for instance, while Transport for London has installed more than 1,000 charge points in the past year.

As for the other thing—the speed of charging stops when you’re in a pinch—there’s been progress. About 1,600 of those locations are fast chargers—generally of the 50-kw level and above. That won’t get charging stops quite close enough to gas-station speeds yet, but it does assure that a wide range of EVs (the Nissan Leaf Plus, for example) can get an 80 percent in less than an hour (or much shorter in some instances, like the Tesla Model 3 or Audi E-tron).

Gas stations versus charging stations in the UK [Nissan UK]

Nissan notes that according to Zap-Map, two new fast-charge stations were opened every day the last month. Zap-Map also points to a current total of 290 Tesla Superchargers in the UK.

Not the case in the U.S.

In the U.S., gas stations remain far, far ahead. According to the U.S. Alternative Fuels Data Center, there are 22,408 charging stations in the U.S., including 3,092 DC fast charge stations. And according to the EPA there are 168,000 gas stations in the U.S.

So Brits, celebrate your victory. In the U.S. we have some infrastructure-building to do.

New engine raises Dacia Duster prices by £1000

Dacia has raised the pricing of its Duster SUV following the addition of a new entry-level petrol engine.  The new engine is available on Dusters equipped with Access, Essential and Comfort trim, with prices ranging from £10,995 to £13,995. This marks a £1000 increase over the Duster’s previous £9995 entry price. The turbocharged three-cylinder TCe 100 unit… Continue reading New engine raises Dacia Duster prices by £1000

Luxury automakers from Bugatti to Pagani to debut new cars at Pebble Beach

The Hennessey Venom F5 concept vehicle is displayed during the 2018 Pebble Beach Concours d'Elegance in Pebble Beach, California, U.S., on Sunday, Aug. 26, 2018.David Paul Morris | Bloomberg | Getty ImagesThousands of classic car fans are rolling onto California's Monterey Peninsula for what has become one of the year's most eagerly awaited automotive events.
Centered around Sunday's Pebble Beach Concours d'Elegance, it's a week-long series of car shows, auctions, parties and other events featuring some of the world's rarest and most expensive collector cars.
But what has become known as Pebble Beach car week has also become a major event for new car fans, as well. More than a dozen different luxury brands, including Acura, BMW, Bugatti, Mercedes-Benz and Pininfarina, will be on hand to show off their latest concept and production models, many of them making their world debuts.
Here's an A-to-Z look at some of the more significant introductions that already have been confirmed for Pebble Beach Car Week.
AcuraAcura Type S ConceptSource: AcuraAcura, the luxury arm of Honda, will offer the public debut of the Type S Concept at the Quail, a Motorsports Gathering, on Friday. The Type S badge has been used on a number of limited-run Acuras over the past two decades but will soon become a regular part of the line-up as a challenge to such performance sub-brands as BMW M and Mercedes-AMG. The Type S Concept is based on the next-generation Acura TLX sedan that will come to market next year.
BMWA Vision M Next concept vehicle is revealed during an event of German car producer BMW in Munich, southern Germany, on June 25, 2019.Chirstof Stache | AFP | Getty ImagesBMW is a frequent participant in the Pebble Beach Car Week events and will have a number of different models to show off this year. That includes the North American debut of the Garmisch Concept that won wild acclaim during a debut at the concourse in Villa d'Este, Italy earlier this year.
Also on hand: the Vision M Next Concept which blends a variety of different technologies that could reshape BMW's future product line-up, including battery power and autonomous driving capabilities. The automaker is keeping some secrets, however, hinting that a production version of an older concept – possibly a high-performance 8-Series Gran Coupe – will also debut in Pebble Beach.
BugattiSource: BugattiBugatti will bring the most expensive new car ever sold, the $18.7 million La Voiture Noire, to Pebble Beach. But the ultra-premium arm of the Volkswagen Group has been building suspense by teasing plans to “unveil the next great project for La Marque” at the Friday gathering at the Quail Lodge.
What's in store? Speculation has been rampant, covering everything from a new one-off of Bugatti's only current nameplate, the Chiron, to something entirely new. During an interview with Automobile magazine this month, the brand's CEO Stephan Winkelmann confirmed Bugatti has been working on an ultra-exotic utility vehicle that could top 200 mph and cost as much as $1 million.
De TomasoThe DeTomaso P72 seen at Goodwood Festival of Speed 2019 on July 4th in Chichester, England. The annual automotive event is hosted by Lord March at his Goodwood Estate.Martyn Lucy | Getty Images Sport | Getty ImagesDe Tomaso is a name that delights serious classic car collectors but has been all but forgotten by most luxury buyers. The revived brand is bringing its new P72 supercar to the Monterey Peninsula — along with the only existing version of the old P70 race car developed by namesake Alejandro de Tomaso and the late Carroll Shelby in 1965.
InfinitiA Nissan Motor Co. Infiniti brand QX80 Monograph concept sports utility vehicle (SUV) sits on display during the 2017 New York International Auto Show (NYIAS) in New York, U.S.Andrew Harrer | Bloomberg | Getty ImagesInfiniti comes to Pebble Beach celebrating its 30th anniversary with an array of Edition 30 models. These are specially trimmed-out versions of its most popular product lines, the Q50, Q60, QX50, QX60 and QX80. It also will bring several of its earliest models to the second-annual Japanese Automotive Invitational, one of the many ancillary events that take place during the extended classic car weekend.
KarmaKarma Revero on display at the In goop Health Summit at 3Labs on June 9, 2018 in Culver City, California.Matt Winkelmeyer | Getty ImagesKarma, currently sells the Revero, an updated version of the plug-in hybrid from the old Fisker Automotive it purchased out of bankruptcy.
The now Chinese-owned battery-car brand has promised to expand its single-car line-up over the next few years and will give a hint of what's coming at the Pebble Beach Concours in the form of both the GT and the SC1 concepts. Designed by Italy's Pininfarina, the latter, all-electric model “is a signpost to Karma's future,” according to Karma CEO Lance Zhou.
LotusThe Lotus Evija electric hypercar, manufactured by Group Lotus Plc, a unit of Zhejiang Geely Holding Group Co Ltd., sits on display following its unveiling at the Royal Horticultural Halls in London, U.K., on Tuesday, July 16, 2019.Bloomberg | Bloomberg | Getty ImagesLotus was all but written off for dead a few years ago when its grand expansion plans collapsed. Sold to Geely, the Chinese company that also owns Volvo, it is making a grand entrance at Pebble Beach with the first of what it promises will be an assortment of new sports cars.
The Lotus Evija is an electric hypercar making 1,972 horsepower. That should be good for around 200 mph or, if you prefer, 250 miles per charge. Evija is expected to cost about $2 million.
McLarenThe McLaren GT seen at Goodwood Festival of Speed 2019 on July 4th in Chichester, England. The annual automotive event is hosted by Lord March at his Goodwood Estate. (Photo by Martyn Lucy/Getty Images)Martyn Lucy | Getty Images Sport | Getty ImagesMcLaren will bring to Pebble Beach both the new GT supercar set to go on sale for $210,000 late this year, as well as the McLaren GT by MSO, a heavily customized version of the 612-horsepower grand tourer.
Like several other exotics, the British marque is betting its affluent buyers are willing to reach even deeper into their pockets for bespoke one-offs that will pair unique design features — including custom colors — with performance.
PininfarinaFerrari's Pininfarina BattistaCompany handoutPininfarina is a name that will show up seemingly everywhere during Pebble Beach Car Week. The legendary Italian design house styled a number of classics at shows like the Concours d'Elegance, as well as new models like the Karma SC1 concept.
It's also bringing its own battery hypercar, the Battista, which made its debut at the Geneva Motor Show last March. This updated version now can deliver as much as 300 miles per charge, as well as a top speed of 217 mph and a 0-60 sprint of less than 2 seconds. The price tag? About $2.3 million.
PaganiPagani, the Italian-Argentine supercar company will use Pebble Beach as the stage to debut its own, all-new hypercar, the Huayra Roadster BC. Dubbed a “tribute to scientific research, beauty, and uniqueness,” by the automaker, it is powered by a 750-horsepower Mercedes-AMG V-12. For those who can't wait for the official intro, Pagani loaded a digital version of the Roadster into the CSR Racing 2 videogame. That will be a lot less expensive way to drive the hypercar, of which only 40 will be made – each carrying a $3.4 million price tag.
This is only a partial list of all the brands that will be on hand during the various events over the long week, in one form or another. Indeed, it will be the rare luxury marque that won't host a reception or place one of its concept vehicles on the lawn at the Lodge at Pebble Beach.
Collectors, meanwhile, will have an assortment of auctions to attend where some rare and unusual models will go across the block. Last year generated sales of nearly $120 million, according to McKeel Hagerty, CEO of Hagerty Insurance, which specializes in classic cars.
VIDEO2:0002:00The five hottest rides at this year's Pebble Beach Concours d'EleganceThe Bottom LineDisclosure: Paul Eisenstein is a freelancer for CNBC. His travel and accommodations to Pebble Beach were paid for by Bentley.