Space Industry and Business News  
CAR TECH
Car talk is electric at Vegas tech show
By Sophie ESTIENNE
Las Vegas (AFP) Jan 8, 2016


Talk by automakers attending the CES tech show this week in Vegas was nothing short of electric.

Ford, General Motors and Volkswagen have made it clear they are betting on electric vehicles for the future, even though the segment is only a small sliver of the global industry.

Some of the vehicles unveiled at the Consumers Electronics Show have been concepts or prototypes, but GM displayed the final version of its Chevrolet Bolt, which aims to capture buyers who are interested in electric propulsion without the price tag of a Tesla.

The boldest statement however came from California startup Faraday Future, which on Monday in Las Vegas unveiled its FFZERO1 concept car, resembling a Batmobile and touted as a game-changer in the industry.

The company, which has revealed little about its financial backing or management, has already said it would invest $1 billion in a Nevada manufacturing plant and that it expects cars to be produced withing two years.

Volkswagen used CES to unveil its BUDD-e -- a version of its hippie favorite Kombi minivan transformed into an electric, connected vehicle of the future.

The German automaker, hit by a global scandal over its diesel cars, said it expects the electric ones to be on the road by the end of the decade.

Ron Montoya of the auto research firm Edmunds.com, said VW has a possible winner with the minibus.

"You can easily see that being a production car," he said.

"Not only would it be a very stylish car that a lot of people have emotional connections with, but it could be potentially one of the first (electric) minivans."

In a move that could make electric cars affordable to a mass market, GM showed its definitive version of the Chevrolet Bolt and confirmed it would be in production later this year.

The Bolt is designed to travel 320 kilometers (200 miles) between charges. And it will cost under $30,000 after tax breaks, GM said.

It also features some of the connected technology found on rival vehicles including a Wi-Fi hotspot offering access to apps and services.

"The Bolt EV is truly the first EV that cracks the code of long range and affordable price," GM chief executive Mary Barra told a CES forum.

Ford meanwhile reaffirmed its plan to invest $3.5 billion over the next five years in electric car development, with a goal of producing 13 new EV or hybrid vehicles by 2020.

Several other automakers are also committed to electric, and some see the segment gaining traction, even though electrics only represented 0.08 percent of the global auto fleet at the end of 2014.

- The Norwegian example -

There are signs consumers are warming to EVs. In Norway, for example, one out of every five cars registered last year was electric.

"EVs will play a bigger role in the automotive future -- there's little question about that," said Kelley Blue Book analyst Akshay Anand.

"The Bolt is a big step simply because of its price and range."

Anand said there is still some reluctance, however. Lower fuel prices have reduced the sense of urgency and "most consumers want an EV as a primary vehicle, so range and charging time are critical factors.

- A new model? -

One company that has had success in some respects is Tesla, whose highly regarded electric vehicles have become a hit.

But its price tag has been too high for the general public.

Faraday Future and others have hinted about a new ownership model, raising the prospect of plans that allow consumers to get a car as needed without a hefty commitment.

This takes on a new perspective if cars become autonomous.

"VW hinted that cars might become 'devices' at some point in the future," Anand said.

"The social aspect of a car is bizarre to think about, but it could very well happen down the road."

soe/rl/oh

FORD MOTOR

GENERAL MOTORS

VOLKSWAGEN

TESLA MOTORS


Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only


.


Related Links
Car Technology at SpaceMart.com






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

Previous Report
CAR TECH
VW chief hopes to shift gears in Detroit
Washington (AFP) Jan 8, 2016
When the world's leading carmakers unveil glitzy new models at the Detroit auto show next week, Volkswagen's chief executive Matthias Mueller will be in town on a less glamorous mission. In his first US visit since American regulators said VW cheated pollution tests, Mueller will apologize over a scandal that plunged the German auto giant into the deepest crisis of its history and could cost ... read more


CAR TECH
Thor's hammer to crush materials at 1 million atmospheres

Sugar-based carbon hollow spheres that mimic moth eyes

Chameleons deliver powerful tongue-lashing

Coulomb blockade in organic conductors found, a world first

CAR TECH
Raytheon to produce, test Navy Multiband Terminals

ADS to build one of two satellites for future COMSAT NG system

Thales and Airbus to supply French military satellite communications

Elbit upgrades tactical intelligence capabilities for Asian country

CAR TECH
Arianespace starts year with record order backlog

Russian Space Forces launched 21 spacecraft in 2015

Russian Proton-M Carrier Rocket With Express-AMU1 Satellite Launched

45th Space Wing launches ORBCOMM; historically lands first stage booster

CAR TECH
Europe's first decade of navigation satellites

Indra will deploy navigation aid systems in 20 Chinese airports

China builds ground service center for satnav system

Galileo's dozen: 12 satellites now in orbit

CAR TECH
Researchers Advance Propulsion Toward Low-Carbon Aircraft

Dassault says Falcon business jet orders dive in 2015

Singapore's BOC Aviation orders 30 Airbus jets worth $3bn

NASA research could save commercial airlines billions

CAR TECH
New material for detecting photons captures more quantum information

Choreographing the dance of electrons

Optoelectronic microprocessors built using existing chip manufacturing

A new metamaterial will speed up computers

CAR TECH
ASA Awards Letter Contract for Landsat 9 Imager-2

NASA analyzes Paraguay's heavy rainfall

NASA's MMS delivers promising initial results

NOAA's Jason-3 spacecraft ready for launch campaign

CAR TECH
Global mercury regulations to have major economic benefits for US

Italy opens bidding for polluting steel giant Ilva

India's smog-shrouded capital pulls cars off roads

New restrictions in Tehran after 18th day of bad air









The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.