Tomorrow’s the last day Hyundai will sell any ICE cars in Norway

Published

2 years ago

December 30, 2022

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Hyundai will stop selling any cars with ICE engines in them, including plug-in hybrids, in Norway starting 2023 – one day from now.

Norway has been leading the charge in vehicle electrification for some time, well ahead of the rest of the world in EV market share percentage. Virtually all vehicles in the country have a plug nowadays, with ICE-only vehicles only holding on to a meager few percent of the market.

The decline of gasoline-powered vehicles has been so drastic that despite Norway’s goal to end gas vehicle sales by 2025, the country is already teetering on meeting that goal several years early. There is still a trickle of cars being sold without plugs in them, and we expect that to continue for some time, but for practical purposes, Norway is hovering very close to its goal.

Last year, 64.5% of cars sold in Norway were all-electric, up 10% from the previous year, and this year those numbers are up even further. We’ll get a final number in a couple days, but BEV market share should be just above 80%, with PHEV market share at 10% or so, and petrol- and diesel-only vehicles at 4-5% each.

Notably, PHEV market share has been dropping significantly this year compared to last year, while non-plug cars are holding relatively steady in the high single digit percentages.

So, most manufacturers are still selling cars with engines in them in the country. They may be selling in very small amounts, but you can still get something with an engine in it if you need a niche application. That said, even Svalbard Post has gone all-electric with its medium-duty postal vehicles, so there aren’t a lot of niches left that EVs won’t serve.

And, engine availability won’t last for long if Hyundai has something to say about it. The company stopped selling cars without plugs on them starting 2020 – it would still sell plug-in hybrids, but no petrol-only vehicles. Now, it’s ending even PHEV sales, and transitioning to only fully electric cars.

We have great faith in our model portfolio, and now that we have launched the all-new IONIQ 6, the time has come to sell only all-electric cars in the Norwegian market. IONIQ 5 and KONA Electric have long since taken positions as some of the most popular cars in the market, and we are confident that our pure electric cars will bring us continued success into the future.

Thomas Rosvold, Managing Director, Hyundai Motor Norway

These plug-in hybrids represented 7% of Hyundai’s sales in 2022, and electric cars have consistently accounted for over 90% of Hyundai’s Norway sales in recent years.

So, leaving behind those last few percent of hybrids won’t make an enormous difference to the bottom line and will help the company focus its messaging, sales, and logistics around what is obviously making up the bulk of its sales in the nation.

According to Hyundai, its Ioniq 5 is the fifth best-selling car in Norway this year, and Hyundai is the brand that Norwegians most associate with electrification – at least, if you don’t count electric-only startups like Tesla, which just set an all-time Norwegian sales record with the Model Y.

This is the first market where Hyundai will sell only all-electric cars. Hyundai isn’t the first company to announce a similar move, but it’s one of few. Volvo made a similar announcement at the beginning of this year, stating that it would shift to only BEV and PHEV sales in Norway by 2023. VW says it will only sell BEV cars, with no plug-in hybrids, in Norway starting in 2024.

This puts Hyundai ahead of both of these companies in terms of commitment, either in scope or in timeline.

Electrek’s Take

This is the first traditional ICE manufacturer that we can think of that has stopped sales of all vehicles with an internal combustion engine in them. There are of course startups like Tesla and Rivian, and sub-brands like Polestar, but it’s quite a statement for an entire company to stop selling engines. If you can remind us of another (we don’t get every Norwegian press release), let us know in the comments.

Yes, it’s just in one sales territory, and the writing was on the wall anyway since it’s clear that BEVs have taken over the country, but leaving behind engines is still a big step for an auto manufacturer, especially considering that most automotive IP has been outsourced to suppliers and engines are one of the few car parts that manufacturers do themselves anymore.

But the main point that I like to highlight with Norway is that the country set and met its goals early. Despite having the earliest all-electric goal in the world, 2025, the country seems to be meeting it pretty handily. That’s why when other places set unambitious goals like 2035 (or even later), on the one hand I wonder why they couldn’t have set an earlier goal, but on the other hand, I remind myself that there is a reasonable chance those goals are met earlier than expected.

Incidentally, Norway’s current 80%+ BEV share is just about enough to meet California’s 2035 gas car ban, which will actually allow 20% of vehicles to be plug-in hybrids. It won’t allow any non-electrified vehicles, but considering Norway is already at 80% EV, hopefully California will be able to get there soon enough.

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Environment

Toyota to buy clean power from a $1.1 billion solar farm in Texas

Published

16 hours ago

November 1, 2024

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Toyota to buy clean power from a .1 billion solar farm in Texas

solar farm — https://unsplash.com/photos/solar-panels-on-green-field-513dBrMJ_5w

Enbridge, a Canadian energy company, just announced it’s moving forward with an 815-megawatt (MW) solar project called Sequoia in Texas. When it’s done, it’ll be one of the largest solar farms in North America. The project’s price tag is a hefty $1.1 billion.

Enbridge’s Sequoia, around 150 miles west of Dallas, has already landed long-term power purchase agreements (PPAs) with AT&T and Toyota, ensuring most of its output is sold for years to come. This deal was highlighted in Enbridge’s third-quarter report on Friday.

Sequoia will be built in two phases, with power expected to start flowing in 2025 and 2026. Enbridge says it’s taken steps to reduce risks by securing equipment and procurement contracts in advance. Permits and purchase orders are also locked down.

Toyota’s PPA with Enbridge’s Texas solar project is part of Toyota’s broader push toward sustainability, as the automaker aims to achieve net zero by 2035 and match 45% of its purchased power with renewable electricity by 2026 as it still clings to its “diverse powertrain strategy.”

If you live in an area that has frequent natural disaster events, and are interested in making your home more resilient to power outages, consider going solar and adding a battery storage system. To make sure you find a trusted, reliable solar installer near you that offers competitive pricing, check out EnergySage, a free service that makes it easy for you to go solar. They have hundreds of pre-vetted solar installers competing for your business, ensuring you get high quality solutions and save 20-30% compared to going it alone. Plus, it’s free to use and you won’t get sales calls until you select an installer and share your phone number with them.

Your personalized solar quotes are easy to compare online and you’ll get access to unbiased Energy Advisers to help you every step of the way. Get started here. –trusted affiliate link*

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Environment

NIO’s EV sales top 20,000 for the sixth straight month as new low-cost SUV shows promise

Published

17 hours ago

November 1, 2024

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NIO's EV sales top 20,000 for the sixth straight month as new low-cost SUV shows promise

With its new electric SUV rolling out, NIO’s (NIO) sales topped the 20,000 mark again in Oct, its sixth straight month hitting the milestone.

NIO sold 20,976 vehicles last month, up 30.5% from October 2023. The NIO brand sold 16,657 vehicles, while its new “family-oriented smart vehicle brand,” Onvo, contributed 4,319 in its first full sales month.

After launching its new mid-size Onvo L60 electric SUV in September, NIO said production and deliveries are steadily ramping up.

At the end of October, NIO’s Onvo had 166 Centers and Spaces throughout 60 cities. Onvo plans to continue expanding its network to drive future growth.

NIO’s new electric SUV starts at around $21,200 (149,900) and is a direct rival to Tesla’s Model Y. The base $21K model is if you rent the battery. Even with the battery included, Onvo L60 prices still start at under $30,000 (206,900 yuan), with a CLTC range of up to 341 miles (555 km). That’s still less than the Model Y.

Tesla’s Model Y RWD starts at around $35,000 (249,900 yuan) with 344 mi (554 km) CLTC range in China.

NIO’s new Onvo brand drives higher Oct sales

NIO has often compared its new electric SUV to the Model Y, claiming it’s superior in many ways. The L60 has better consumption at 12.1 kWh/100km compared to the Model Y at 12.5 kWh/100km).

With a longer wheelbase (2,950 mm vs 2,890 mm), NIO’s electric SUV also provides slightly more interior space.

Despite the L60’s success so far, NIO believes its second Onvo model will be an even bigger hit. It could be a potential game-changer.

“If you think the L60 is good, then this new model is a much more competitive product,” NIO’s CEO William Li told CnEVPost after launching the L60. Onvo will launch a new EV every year. Following the L60, Onvo will launch a new mid-to-large-size electric SUV next year.

NIO’s leader claims the new model will be revolutionary. According to Li, it will offer even more surprises than the L60. Deliveries are planned to begin in Q3 2025.

NIO Onvo L60 vs Tesla Model Y trims	Range (CLTC)	Starting Price
NIO Onvo L60 (Battery rental)	555 km (341 mi) 730 km (454 mi)	149,900 yuan ($21,200)
NIO Onvo L60 (60 kWh)	555 km (341 mi)	206,900 yuan ($29,300)
NIO Onvo L60 (85 kWh)	730 km (454 mi)	235,900 yuan ($33,400)
NIO Onvo L60 (150 kWh)	+1,000 km (+621 mi)	TBD
Tesla Model Y RWD	554 km (344 mi)	249,900 yuan ($34,600)
Tesla Model Y AWD Long Range	688 km (427 mi)	290,900 yuan ($40,300)
Tesla Model Y AWD Performance	615 km (382 mi)	354,900 yuan ($49,100)

NIO Onvo L60 compared to Tesla Model Y prices and range in China

Local reports suggest a six-or seven-seat electric SUV could hit the market even sooner. With rumors of a launch around Q1 2025, deliveries could happen as soon as May 2025.

According to sources close to the matter, the L60 is just a “stepping stone” with even more exciting EVs on the way. The source claimed the new six-seat option will start at around $42,100 (300,000 yuan).

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Environment

Velotric Ebikes’ big early-bird Black Friday discounts are here!

Published

17 hours ago

November 1, 2024

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Velotric Ebikes' big early-bird Black Friday discounts are here!

Velotric Ebikes are designed by some of the most brilliant minds in the business. And now, you have the opportunity to own one (or two!) of these high-performance, elegant, reliable rides. You won’t want to miss these fantastic early-bird Black Friday deals running from November 1-14, and, also get a sneak peek at special offers that start on November 8.

Read on to find the right model for you and learn how you can donate $5 to get up to $550 off a superb Velotric electric bike.

Velotric Black Friday deals – give to get back

If you donate $5 to either the Clean Air Task Force or the Solutions Project at checkout, you’ll unlock some fantastic discounts off Velotric e-bikes:

Clean Air Task Force: Fighting air pollution for healthier communities
The Solutions Project: Advocating for 100% renewable energy in frontline communities

Plus, Velotric is giving Electrek readers an exclusive discount: Enter the code Electrek20 at checkout to get an additional $20 OFF!

Velotric Discover 2 Ebike

The Velotric Discover 2, Velotric’s most comfortable e-bike, now has even more power, with a 750W high-performance motor and 75 Nm of torque. The 48V 706 Wh battery, providing up to 75 miles per charge, maximizes your range.

You can ride in comfort, as the frame design supports an upright posture; plus, it’s got a 200mm wide saddle and ergonomic grips, reducing long-ride strain. Enjoy a premium, versatile ride that turns every journey into a joyride.

Discover 2 – Save up to $200

Velotric Summit 1 Ebike

If you want both an everyday bike and a trekking bike, then this is the one for you. The customizable Velotric Summit 1 Ebike is a hybrid e-bike featuring a 750W motor with 90 Nm of torque that delivers exceptional power for both city streets and offroad terrain, and the intuitive throttle means you can access that power effortlessly. When you’re off-road, the 120mm travel suspension absorbs the impacts, resulting in a smoother ride. The 48V, 705.6Wh battery provides up to 70 miles of charge.

Plus, it features a vibrant multifunctional screen with three configurations and use the Velotric app to monitor mileage and access real-time bike data.

Summit 1 – Save up to $200

Velotric Nomad 1 Plus Ebike

The Nomad 1 Plus Ebike‘s 750W motor and 75 Nm torque allow you to conquer just about any terrain. The 691Wh battery keeps you on the move for up to 55 miles, an 80mm suspension fork smooths your ride, and powerful waterproof hydraulic brakes give you full control.

The Nomad 1 Plus features an adjustable stem, a brighter front light, and max speed adjustable range is 12-28 mph.

Nomad 1 Plus – save up to $550

Velotric Fold 1 Ebike

The Velotric Fold 1 Ebike becomes compact in just three quick moves, but don’t mistake it for simple. The high-performance 750W motor and generates 70 Nm torque, beating most of the competition for acceleration and climbing ability. The 608Wh battery will give you up to 55 miles of range, its step-through design is 20% lower than the competition, and when you’re done zipping around town or commuting, you can pop it into a car trunk or even a closet.

Plus, the Fold 1 is compatible with a wide range of cool accessories so you can customize it to meet your needs.

Fold 1 – Save up to $350

Velotric T1 ST Plus Ebike

The Velotric T1 ST Plus Ebike is an ultra-compact, 39-pound city-and-gravel bike that’s designed for riders with an active lifestyle. But don’t be fooled by its sleek look because it’s very well-equipped: The five pedal-assist-level T1 ST has a 70-mile range and three riding modes, and the peak 600W motor generates 40Nm of torque. It also comes with Apple Find My integration.

T1 ST Plus – Save up to $400

Velotric Discover 1 Plus Ebike

The Velotric Discover 1 Plus Ebike is a fantastic commuter bike that’s designed for comfort. (Plus, it’s kinda fun that it comes in five color choices.) If your commuting route is a bit more challenging, then the Discover 1 Plus might be the right fit for you. It features a rear light with braking high-beam, a 60 Lux front light, and double hydraulic disc brakes for extra safety. Plus, Velotric rigorously tests its frames 150,000 times under tough conditions for quality assurance.

This commuter e-bike that rides like a cruiser has a pedal assist range of 65 miles and throttle range of 58 miles on a 900W peak motor that generates 65 Nm of torque.

Discover 1 Plus – Save up to $550

Velotric Go 1 Ebike

Velotric’s Go 1 Ebike is small but mighty – it can carry up to 440 pounds comfortably. This ride has hydraulic suspension and a plush saddle, and it can be kitted out with a wide range of accessories, making it a versatile form of transport for everything from a fun day out to carting groceries across town.

It’s powered by Velotric’s proprietary Velopower H50 Drive System, which provides a range of up to 55 miles on pedal assist up to 25 mph (unlocked) with a peak 900W motor.

Go 1 – Save up to $400*

Regular price: $1,399 ~~$1,699~~
Promotion: Get $100 off total saving $400
Discounted price: $1,299
Get 3 accessories & unlock 30% off on selected accessories

*Not included in the early-bird Black Friday deal, this deal runs from November 8-28 only

Velotric Packer 1 Ebike

From kids to cargo, the Velotric Packer 1 Ebike was designed to haul it all! The Packer 1 features Velotric’s proprietary Velopower H75 Drive System, which provides a range of up to 52 miles on pedal assist up to 25 mph (unlocked) with a 750W motor.

It can carry up to 440 pounds and has a 176-pound rear cargo carry capacity, plus hydraulic suspension with 80 mm of travel for a smooth ride. If you’re running a child to school every day, this would be a fantastic choice. Be sure to check out all the great accessories.

Packer 1 – Save up to $600