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☆ EV batteries remain major challenge for insurers - UK's Thatcham
  + stars: | 2023-07-04 | by ( Nick Carey | ) www.reuters.com   time to read: +2 min
LONDON, July 5 (Reuters) - A lack of data on electric vehicle (EV) batteries continues to challenge insurers who are forced to scrap EVs after mild accidents, potentially undermining EV adoption, Thatcham Research said on Wednesday. Adrian Watson, Thatcham's head of engineering research, said in an ideal world insurers could make informed decisions about whether to repair EVs or write it off based on access to data on its state of health after an accident. "The diagnostics we have do not enable you to really know what the status of the battery is." Due to their potential fire risk, damaged EVs awaiting repair must be stored outside at least 15 metres (49 ft) from other objects. An outside facility for 100 fossil-fuel cars today would have space to safely quarantine just two EVs, Thatcham said.
Persons: BEV, Thatcham, Adrian Watson, Thatcham's, Nick Carey, Josie Kao Organizations: Reuters, Thomson
☆ Scratched EV battery? Your insurer may have to junk the whole car
  + stars: | 2023-03-20 | by ( Nick Carey Paul Lienert Sarah Mcfarlane | Nick Carey | Paul Lienert | ) www.reuters.com   time to read: +9 min
Most carmakers said their battery packs are repairable, though few seem willing to share access to battery data. Lauterwasser said access to EV battery data is part of that fight. EV battery problems also expose a hole in the green "circular economy" touted by carmakers. Hill estimated at least 95% of the cells in the hundreds of EV battery packs - and thousands of hybrid battery packs - Synetiq has stored at Doncaster are undamaged and should be reused. 'PAIN POINTS'The British government is funding research into EV insurance "pain points" led by Thatcham, Synetiq and insurer LV=.
☆ Truckers and subsidies rev up interest in fuel cell vehicles
  + stars: | 2023-02-16 | by ( Nick Carey Christina Amann | Nick Carey | Christina Amann | ) www.reuters.com   time to read: +5 min
"The amount of energy BEVs need is so enormous that I see a strain on our grid that ultimately it can't fulfill." Daimler Truck will invest up to 15 billion euros ($16 billion) on fuel cells over the next decade, Daum said. Symbio, which supplies fuel cells for Stellantis vans, expects global fuel cell vehicle sales to reach 2 million units annually by 2030 and wants a 10% share. Both General Motors (GM) (GM.N) and Toyota (7203.T) are testing fuel cells for larger vehicles including semi-trucks and trains to build scale and lower costs. While Volkswagen is not currently investing in fuel cells, it has hundreds of patents around the technology.
☆ Toyota secures funding to develop hydrogen fuel cell version of its Hilux pickup in the UK
  + stars: | 2022-12-02 | by ( Anmar Frangoul | ) www.cnbc.com   time to read: +1 min
The Japanese automotive giant started working on the development of fuel cell vehicles back in 1992. LONDON — A consortium led by automotive giant Toyota will receive millions in funding to develop a hydrogen fuel cell pickup truck in the U.K. Toyota Motor Manufacturing UK is heading up the consortium, which is being backed by £5.7 million (around $7 million) of industry funding and £5.6 million from the U.K. government. Although the initiative is being led by TMUK, Toyota said "technical support" would come from Toyota Motor Europe R&D. "Within the scope of the funding bid, initial prototype Hilux vehicles will be produced at Burnaston during 2023," it added.
☆ Chinese carmakers target more European sales with five-star EVs
  + stars: | 2022-11-21 | by ( Nick Carey | ) www.reuters.com   time to read: +7 min
"All Chinese EV makers want to achieve Euro NCAP five-star ratings in order to be more competitive in the European market," said Brian Gu, president of Chinese EV maker Xpeng (9868.HK). Perhaps more importantly for sales, high safety ratings also open up the potentially huge corporate car fleet market for Chinese EV makers. European carmakers are also pursuing five-star ratings for their EVs and hybrids, from BMW's (BMWG.DE) iX to Volkswagen's (VOWG_p.DE) ID.4 and ID.5. But almost half the Chinese cars sold were EVs, according to Inovev, giving them a 5.8% share of Europe's fully-electric vehicle market. Inovev vice-president Jamel Taganza said all Chinese cars sold in Europe would be EVs within a few years, with more lower-cost models on the way.
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