It’s thumbs down on the BYD Atto 3, at least from Europe’s leading car safety agency EuroNCAP when rating the BEV’s driver assistance system. Meanwhile, Mercedes’ i5, along with other European models, receives top scores.
When testing the popular vehicle’s driver assist, European New Car Assessment Programme (EuroNCAP) offered up a dreadful score of zero on driver monitoring features, with its Adaptive Cruise Control coming up short on tests at speeds higher than 90 kph (56 mph), among other failings, according to a report in Automotive News Europe.
The agency said that the vehicle’s driver assistance system “failed to meet the minimum standards” to manage critical situations to avoid accidents, with the system overall getting a “not recommended” rating.
The Atto 3 also showed some problems with its camera detecting speed limit signs, with the system not able to differentiate between fixed, variable, and temporary speed limit signs. Also, it didn’t adjust for speed on bends or junctions, and in the case of an unresponsive driver, the Atto 3 was shown to disengage the lane centering function while keeping the adaptive cruise control up and running.
“There is no speed adaptation for upcoming road features such as curves and junctions,” Euro NCAP says in its report. “The ATTO 3 responds to avoid a collision in some of the ACC test scenarios. The driver is supported through the S-Bend, but the car is kept fully in lane only at the lowest test speed.”
In 2023, the Atto 3 received a five-star safety rating – which will remain intact, although this original score didn’t include an in-depth analysis of its latest assisted driving system.
Meanwhile, the Mercedes-Benz i5 received top scores on its driver assist system, with the i5 doing a good job of monitoring the drivers who keep their hands on the wheel, balancing driver attention and steering input with lane guidance, “promoting co-operative driving,” the report said.
EuroNCAP gave high ratings on the driver assistance systems used in a handful of European models, including the BMW i5 and Mercedes-Benz C-class scoring the highest possible rating of “Very Good.” The Volvo EC40 and VW ID.7 scored just below with a solid “Good” rating each.
BYD hasn’t commented on the rating, but Chinese automakers have leaned in heavily on high ratings from EuroNCAP to win over European consumers, who rely on these rating systems in their purchase decisions. BYD has been aggressively pushing into Europe, with nine-month sales up by more than 200% to 29,786, Reuters reports. The Atto 3 is considered one of the safest Chinese EVs on the market when it won an overall five-star rating by EuroNCAP last year. What effect these new results will have on consumers, we’ll have to wait and see.
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On today’s episode of Quick Charge, Tesla’s Cybertruck is now available in Canada – and, like in the US, there’s no waiting! Plus, we’ve got an “actually” smart summon Tesla that’s actually stuck, GM reaches a sales milestone, and we get a brand-new title sponsor!
Today’s episode is the first with our new title sponsor, BLUETTI – a leading provider of portable power stations, solar generators, and energy storage systems.
New episodes of Quick Charge are recorded, usually, Monday through Thursday (and sometimes Sunday). We’ll be posting bonusLucid proves than an EV company can keep its promises while Xiaomi teams up with Chevrolet and Honda to prove – at least conceptually – that records are made to be broken. audio content from time to time as well, so be sure to follow and subscribe so you don’t miss a minute of Electrek’s high-voltage daily news!
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Mobile car care company Yoshi Mobility launched a DC fast charging EV mobile unit that it likens to “a supercharger on wheels.”
November 4, 2024 update: Yoshi Mobility will only be charging EVs on the side of the road now – it announced today that it’s selling its fleet fueling operation to EZFill Holdings (Nasdaq: EZFL).
It was originally founded as a direct-to-consumer, mobile fueling business in 2016, but now it’s going to focus on mobile EV charging, virtual vehicle inspections for partners like Uber and Turo, and onsite preventative maintenance.
Bryan Frist, Yoshi Mobility’s CEO & cofounder, said, “By spinning off our fuel business and focusing all of our energy on solving hair-on-fire problems that fleet owners face, we are meeting the changing needs of enterprise customers while making the future of transportation safer, cleaner, and more sustainable.”
May 22, 2024: Yoshi Mobility saw that its existing customers needed mobile EV charging in places where infrastructure has yet to be installed, so the Nashville-based company decided to bring the mountain to Moses.
“We recognized a demand among our customers for convenient daily charging, reliable private charging networks, and proper charging infrastructure to support their fleet vehicles as they transition to electric,” said Dan Hunter, Yoshi Mobility’s chief EV officer and cofounder.
The company says its 240 kW mobile DC fast charger, which can turn “any EV” into a mobile charging unit, is the first fully electric mobile charger available. It can provide multiple charges in a single trip but doesn’t detail how they charge the DC fast charger or who manufactured it. (I asked for more details, and they replied that they won’t disclose client names or the manufacturer of its DC fast charger yet.)
Yoshi is launching its mobile charger on two GM BrightDrop Zevo 600s and will introduce additional vehicles throughout 2024. It aims for full commercialization by Q1 2025. (I wonder if the Zevo 600 ever charges itself? Yes, I asked that too.)
Yoshi Mobility says it’s already deployed its EV charging solutions to service “major OEMs, autonomous vehicle companies, and rideshare operators” across the US. Its initial customers are made up of large EV operators managing “hundreds” of light-duty vehicles requiring up to 1 megawatt of energy per day that don’t yet have grid-connected EV chargers. I’ve asked Yoshi for details of who it’s working with, and will update if they share that info.
The company says pricing is based on location and enterprise charging needs. Once under contract for service, the service will be deployed to US-based customers within 10 days.
To date, Yoshi Mobility has raised more than $60 million, with investments from GM Ventures, Bridgestone, ExxonMobil, and Y-Combinator in Silicon Valley.
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Marqeta celebrates its initial public offering at the Nasdaq on June 9, 2021.
Source: The Nasdaq
Marqeta shares tumbled more than 30% in extended trading on Monday after the company issued weaker-than-expected guidance for the fourth quarter.
Here’s how the company did compared with Wall Street estimates, based on a survey of analysts by LSEG:
Loss per share: 6 cents adjusted vs. a loss of 5 cents expected
Revenue: $128 million vs. $128.1 million expected
While third-quarter results showed a slight disappointment on the top and bottom lines, Marqeta’s forecast for the current period was more concerning.
The payment processing firm said revenue in the fourth quarter will increase 10% to 12% from a year earlier. Analysts were looking for growth of more than 17%, according to LSEG.
Marqeta, which primarily functions as a card-issuing platform, attributed the guidance miss to “heightened scrutiny of the banking environment and specific customer program changes.” The company has been struggling for a while, and its stock is now down more than 80% from its peak in 2021, the year it went public. The stock was down 15% for the year prior to the report.
Total processing volume of $74 billion was up more than 30% from a year earlier. Net revenue and gross profit were up 18% and 24%, respectively.
Marqeta’s digital commerce business sells payment technology designed to detect potential fraud and ensure that money is properly routed. It also issues customized physical cards that look like a credit or debit card that can be used for point-of-sale purchases.
The company has been trying to break into the buy now, pay later business with a recently launched product called Marqeta Flex. The service brings BNPL from lenders such as Affirm or Klarna to any credit card wherever Mastercard and Visa are accepted.
“It’s an orchestration layer, but it’s tied to issuing and processing and disputes and chargebacks,” CEO Simon Khalaf told CNBC at Money2020 in Las Vegas last week. “So it is not actually a Wild West in BNPL. It is actually very well established. And there is a reason why a lot of people are jumping to it.”