Volkswagen is reportedly holding talks with Foxconn to manufacture electric pickup trucks and SUVs under the Scout brand. Other alternatives would include Magna International's Steyr subsidiary or VW building them itself at a new dedicated manufacturing facility. More: - Prototypes of the new EV models are expected in 2023 and production in 2026.
- The automaker is reportedly seeking to begin the project to attain a greater market share in the U.S.
- VW sold 375,000 units in the U.S. in 2021, comprising a 15% YoY increase.
- Foxconn has been working on EVs with Lordstown Motors, Fisker, and Saudi Arabia's first EV brand, Ceer.
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Honda revealed its plans to manufacture a hydrogen-powered CR-V in 2024. The vehicles will be produced at the Performance Manufacturing Center, where the production of the Acura NSX concluded. More: - While the automaker did not provide specs, the model is expected to have enough range for "driving around town."
- "Our small-volume capability enables us to really leverage the skill and expertise of our team to produce quality zero-emission vehicles here in North America," said Gail May, plant leader.
Zoom Out: - 153 hydrogen fuel-cell cars were sold in the U.S. in Q3, per data by the California Fuel Cell Partnership.
- At the beginning of October, there were 57 hydrogen stations in operation in California and an additional nine under construction.
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Ford revealed it produced its 150,000th electric Mustang Mach-E SUV. The automaker expects to reach 2 million Mach-E units by 2026. More: - Ford first announced the model in 2019, and currently sells the Mach-E in 37 countries.
- The Mach-E has a maximum range option of 312 miles. Its GT Performance Edition has a 0 to 60 time of 3.5 seconds.
- At the end of October, Ford had sold 31,000 Mach-E units in the U.S. since the beginning of the year.
- The automaker estimates that 80% of Mach-E customers in the U.S. and 90% of European consumers switched from ICE to electric.
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Chinese EV maker XPeng revealed it expects to sell 20,000 to 21,000 vehicles in Q4, which would mark its fourth consecutive quarterly decline. The automaker delivered 5,101 units in October. More: - XPeng expects between ~$677M and $719.8M in revenue for Q4.
- "The current business environment, largely contributed by COVID-19 outbreaks and lockdowns, has had a strong negative impact on our sales, delivery, and service," Brian Gu, the company's president, told Bloomberg News.
- Gu said XPeng would focus on making the vehicles more "market-oriented" instead of solely focusing on tech.
- XPeng delivered 29,570 vehicles in Q3.
- $XPEV was up 42.39% for the day, and +58.31% MoM, on Wednesday afternoon.
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Micro-mobility operator Superpedestrian announced that the city of Nottingham, U.K., extended its shared e-scooter permit to May 2024. There have been 2 million e-scooter rides in Nottingham since the program began in October 2020. More: - Superpedestrian plans to roll out its sidewalk detection technology in 2023.
- The operator has been working on building parking stations near public transport hubs and integrating with Nottingham's transport app.
- England has had 30 million e-scooter trips since permit granting began in the summer of 2020, per Zag Daily data.
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Audi announced a new EV charging service that would replace its current e-Tron service via the Digital Charging Solutions joint venture with Mercedes-Benz, BMW, and BP. Audi Charging is scheduled to launch on Jan. 1, 2023, in Germany. More: - The network is expected to have ~400,000 charging points from more than 800 operators, including Ionity chargers.
- Audi Charging would offer a tiered service with pricing based on AC, DC, Ionity HPC charging, or Audi Charging Hub HPC.
- Audi expects to expand the service to 27 countries.
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Quick Hits: - HubSpot and Brandwatch partnered this year to survey over 1,000 individuals across the U.S. to better understand consumer purchasing habits, thoughts, and behaviors.*
- Lightyear began production of its solar EV, model 0, at Valmet Automotive in Finland.
- Mercedes-Benz's eSprinter van reached a test range of 473 miles on a full charge.
- Honda recalled 115,000 Ridgeline pickup trucks, models 2017 to 2019, due to a rearview camera issue.
- Faraday Future's head of product, Robert Kruse, resigned a day after the board removed CEO Carsten Breitfeld.
- Tech innovation is surging in education, finance, health care, and other industries. See what your competitors are building with Crowdbotics.*
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| | Nicolas is a Sr. Analyst at Inside, covering transportation and IT trends. He is an avid map maker and data nerd. Nicolas has worked in the shared-scooter space, as well as advised e-bike and moped startups. | | Editor | Aaron Crutchfield is based in the high desert of California. Over the last two decades, he has spent time writing and editing at various local newspapers and defense contractors in California. When he's not working, he can often be found looking at the latest memes with his kids or working on his 1962 and 1972 Fords. | |
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