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Rivian’s newly-unveiled R2 will make use of a heat pump to help with efficiency in cold weather, which should be a boon to those in the Northern parts of North America, and in Europe.

We learned a lot about the R2 at its unveiling last week, and learned even more secrets about the car while hanging around after the event. But it turns out that the vehicle still has some secrets to tell.

Today, one twitter user asked Rivian CEO RJ Scaringe whether the R2 would have a heat pump, to which RJ answered a simple “Yes.”

Not only that, but the question said “does the R2 platform have a heat pump?”, which suggests that perhaps this feature may carry over to the R3 as well, which is going to be built on the same platform as the R2.

Rivian’s current vehicles, the R1T and R1S, do not have a heat pump, instead relying on resistive heating to warm the cabin, like many EVs.

Resistive heating runs an electric charge through a highly resistive coil of wire to generate waste heat. While this works well to rapidly heat a cabin (without needing to wait for the engine to warm up to generate heat, as is the case in gas cars), it’s also relatively energy intense.

A heat pump, however, works by moving heat from one place to another. It takes latent heat in outside air and brings it into the cabin, which can be up to 3-4x more efficient than generating that heat through resistive heating.

The net effect of this is that in cold weather you have to use less battery charge to run the heater, and thus get higher winter range in a car with a heat pump than in one with resistive heating.

Heat pumps have been a popular feature for more Europe-focused cars, because Europe tends to get colder weather than the parts of the US where EVs are the most popular (e.g. California). This is particularly relevant since the R2 signals Rivian’s entry into the European market, and the car has already been redesigned in some more EU-focused ways (e.g. moving the charge port to the passenger side, which is better for street charging).

Heat pumps are also of great use in the colder parts of the US, and in Canada.

Rivian’s vehicles have been quite popular among the “adventure” crowd, a reflection of Rivian’s slogan: “Keep the world adventurous forever.” So they’ve seen a lot of use in snow and ice conditions, like this video of a Rivian towing a semi truck out of a ditch in Utah winter.

Due to the R1’s extremely large battery, using a little bit of extra energy on a resistive heater hasn’t been all that bad. But this change makes us wonder if a heat pump might get incorporated into the R1 in the future as well.

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U.S. crude oil rises about 4% after OPEC+ increases output at steady rate

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U.S. crude oil rises about 4% after OPEC+ increases output at steady rate

Oil prices eased on Tuesday as market participants weighed the possibility of an OPEC+ decision to further increase its crude oil output at a meeting later this week.

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U.S. crude oil futures rose about 4% on Monday after OPEC+ increased production at a steady rate, easing investor fears that the group might boost output even faster.

West Texas Intermediate futures rose $2.53, or 4.16%, to $63.32 per barrel. Global benchmark Brent was up $2.34, or 3.73%, at $65.12 per barrel.

The eight producers in OPEC+, led by Saudi Arabia, agreed to increase production by 411,000 barrels per day in July, the third consecutive month the group has boosted output at that rate.

“There were market concerns of a faster unwind process,” said Giovanni Staunovo, commodity analyst at UBS, told clients in a note Saturday. “For now, the oil market remains tight, indicating it can absorb additional barrels,” Staunovo said.

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No, Honda didn’t just launch its first electric motorcycle (and you can’t buy it)

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No, Honda didn't just launch its first electric motorcycle (and you can't buy it)

The electric motorcycle market is a small and highly interconnected one, with a limited amount of suppliers and an even smaller number of actual honest-to-goodness motorcycle manufacturers. While Covid-era progress led to a series of highly-funded rapid advancements and flashy announcements, the last few years have been hard on the industry as funding and excitement have both dwindled, resulting in a smaller number of big releases. So it makes sense that people would jump at news that Honda is now producing its first electric motorcycle and that you can already buy it. The only problem is that none of that is true – finally some real fake news.

In the last few days, a number of news outlets ran with a story claiming Honda was now producing and selling its first ever electric motorcycle, a bike known as the E-VO. While some articles presented a fairly grounded and accurate analysis of the situation, others jumped on the more clickbaity bandwagon.

Like many rumors, the story does have some truth to it. There is an interesting-looking cafe racer-styled E-VO bike that was just announced, and its logo does partially include a red Honda badge, but that’s where things start to go awry as some articles played a bit fast and loose with the facts.

The main issues with the story heard ’round the internet are that 1) Honda has already produced multiple electric motorcycles, 2) the E-VO isn’t really a Honda, and 3) you can’t actually buy the bike, at least not the way many headlines would have you believe.

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The Chinese launch of the Honda-Wuyang E-VO

To be fair, even Electrek wasn’t spared, with its own story repeating several dubious claims seen elsewhere around the internet, among other smaller mistakes such as a strange swipe at LiveWire for not producing DC fast-charging electric motorcycles, which it famously does.

But let’s break down each of the errors or flashy clickbait headlines that duped many journalists and electric motorcycle fans alike.

The first major issue is that the premise is wrong. Honda has built multiple electric motorcycles in the past, though generally smaller designs with step-through frames. The E-VO would be a new design direction, taking on an eye-catching cafe racer design, but let’s not forget that models like the all-electric Honda PCX Electric were launched back in 2018. In fact, Visordown strangely mislabeled a photo of a PCX Electric, referring to it as an E-VO in its own article a few days ago. (And to be fair, not everyone whiffed on this one, with outlets like RideApart and CycleWorld giving even-handed and accurate coverage to Honda’s e-moto efforts).

Second, this motorcycle isn’t even a Honda. If you look closer at the badging, you’ll see it’s labeled as “Wuyang Honda” with the first word obviously printed much smaller in the logo to obscure it in favor of Honda’s much stronger brand reputation. To put it simply, the E-VO is produced by the Chinese company Wuyang, in which Honda invested in as part of a joint venture. Wuyang-Honda is a Chinese company owned by the major Chinese automaker GAC. It does produce some Honda-developed motorcycles for the Chinese market (like the CB series, CBR, etc.), but it also produces its own domestic market-only models. The latter is what the E-VO is. It’s not a Honda and it’s not produced by Honda. It’s produced by Wuyang-Honda, which is a Chinese company partially funded by the Japanese company Honda to make money from the Chinese market. It’s similar to how Ducati doesn’t really make those Ducati electric bicycles, but rather engages in a licensing agreement that lets another company produce them and print a famous name on the side.

And that brings us to the third major issue glossed over in the E-VO launch – that you can’t really buy it. Well, some people can, but not you. At least, not unless you happen to be Chinese or living in China. As mentioned above, this isn’t a Honda motorcycle that you can buy at a Honda dealer. It’s a Wuyang motorcycle that was recently launched in China and only sold in China. It wasn’t designed for export and doesn’t meet any other international regulations or safety standards because it wasn’t designed for any other markets outside of China.

Electrek’s Take

I’ve been a fan of electric motorcycles for a long time, riding and covering them with excitement as I’ve watched the industry progress. I talk the talk and I walk the walk. I don’t even own a car, as my family gets around entirely on electric motorcycles, e-scooters, and e-bikes. I don’t intend to unfairly call out other news outlets or even my own colleagues, but I do think that accuracy in reporting on such a nascent industry is important.

Accuracy in reporting isn’t just about keeping the industry well-informed but also ensuring realistic expectations among the public. Just like all of those stories popping up a few years ago to the effect of “GM is producing a $14,000 electric pickup truck” turned out to be clickbait (they were electric mini-trucks produced in China, for the Chinese market, by Chinese companies in which GM invested), the E-VO has also turned into something of a white whale. For years, riders have begged major manufacturers like Honda to get on board with electric motorcycles. And so when there’s even an inkling of progress on that front, the story can get ahead of itself.

That isn’t to say that Honda won’t ever produce a full-sized e-moto or street bike. Perhaps the E-VO will sell well in China and Honda will look favorably upon Wuyang’s work there. But the moment when an honest-to-goodness Honda electric motorcycle lands is still years away, and no amount of wishful thinking or creative writing is going to change that.

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Tesla (TSLA) sales crash in France even with new Model Y

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Tesla (TSLA) sales crash in France even with new Model Y

The French are saying “non, merci” to Tesla, as sales crashed to just 700 units in May – a level not seen in more than three years.

The Model Y changeover was clearly not the problem.

Last week, Tesla CEO Elon Musk claimed that the company has “no demand problem” and that even though Europe is its weakest market, “everyone is struggling in Europe, there’s no exception.”

We have already produced a report to demonstrate that this is not true, but we are now receiving more data from May, which highlights Tesla’s growing problems in Europe.

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France has just released its car registration data for May, confirming that the auto market is down 12%. However, Tesla’s sales were down even more than the rest of the market.

Tesla delivered only 721 vehicles in France in May – down 67% compared to the same period last year.

In Q1, Tesla blamed its poor performance on the lack of Model Y availability due to the design changeover, but it doesn’t have this excuse in Q2, which is now tracking below Q1 in Europe.

May was Tesla’s worst month of deliveries it has had in the last three years. It’s also even worse than any month of deliveries in the first quarter, despite the new Model Y now being in full production in Gigafactory Berlin and available in France.

Electrek’s Take

I’ll write a more comprehensive post about Tesla’s sales in Europe once we have data from more countries in May, but it’s not looking good.

Tesla blamed its terrible performance in Q1 on the Model Y changeover, but we are past that in Q2. Yet, April was worse than January, and now, it looks like May is going to be below February in the whole of Europe.

The only positive market so far is Norway, and that’s probably due to some of its large existing base of owners in the country updating to the new Model Y, but it will be interesting to see if it’s sustainable through out the rest of the year. I doubt it. Tesla benefited from the Model Y changeover, but I expect the brand damage will also be felt in the popular EV market.

This result in France in May is particularly interesting because it is even worse than April. I literally have to go back to Q2 2022 to find a quarter when Tesla had a worse second month of a quarter in France.

It is starting to look like demand collapse.

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