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Electric cars are the future. Literally.

Whether you want to go green or not, most of us are going to be driving an EV in the next two decades. Automakers are spending billions retooling factories and revamping their fleets to go most or all-electric in the next ten to 15 years, plans fully endorsed by President Joe Biden who wants half of all U.S. auto sales to be electric vehicles by 2030. That’s a massive goal considering the market, including plug-in hybrids, currently stands at about 3%.

One of the biggest barriers to EV adoption is America’s charging network. There are roughly 136,400 gas stations in the U.S., but just 43,800 EV charging stations, according to the Department of Energy. And it takes about 10 minutes to fill your car with a tank of gas but about 45 minutes to fully charge an EV, sometimes longer.

While Biden has pledged to build out 500,000 charging stations across the U.S. by 2030 as part of his $2 trillion infrastructure plan, we are still a long way from there.

So my producer Harriet Taylor and I decided to put California’s charging infrastructure to the test on an 8-hour road trip from Southern California to San Francisco. California accounted for 9% of EV sales in the first quarter and has the largest charging network in America, so it made sense to start there.

We specifically wanted to test anything other than a Tesla, which has the single-largest charging network in the world with 25,000 global charging stations. You need an adapter to use it, but the benefits and wide availability of Tesla’s charging network are generally well known. 

Charging on the road with any car brand other than Tesla is something you don’t hear much about. 

I admit that even as a “car guy” I had a lot of questions about charging, the new terminology, the speed, potential costs and more. 

We rented a brand new Polestar 2, Volvo’s recent entry into the electric car market, from Enterprise. Most EVs have a range, how far it can drive on a single full charge, of between 100 and 300 miles. The Polestar’s range was advertised at 265 miles, but that can change depending on a variety of things: cold weather, driving up or down hills or using the AC, for instance.

I had driven the Polestar 2 on a brief test a few months earlier so was familiar with it enough to feel comfortable on a long drive.  

CNBC

We drove about 60 miles from Enterprise to our first stop at Mountain Pass, Calif., about 15 miles from the Nevada border in the “high desert” at around 5 p.m. on a Tuesday night at 105 degrees.

We had to remove a metal cover from a power outlet at the mine but then we were able to plug in and get to 100% before setting off.

Two initial takes after just a few miles: One, its easy to get anxious by staring at the giant “percent charged” screen (so we turned it off) and two, we had to download a bunch of apps as we learned to navigate the new “range world.”

Source: CNBC

Our go-to became PlugShare, which shows you where charging stations are regardless of who owns them, which network it was on, how fast it took to charge, whether its currently available and, hopefully, a picture so you can see what you’re getting into. 

PlugShare became a favorite because it was brand-agnostic and customers left reviews of their experience. Those reviews were valuable, because we found that many chargers weren’t nearly as fast as advertised and some just didn’t work or were in weird locations.  

The Polestar also has Google map integration that shows charging stations along the route as well as your projected percent charge when you arrived.  We found the charging forecast very accurate, but we think Google could improve the experience by filtering by types of chargers (we had Tesla envy as their stations popped up everywhere).

Stop 1: Electrify America at a Walmart

We rolled into our first stop at a Walmart in Barstow, Calif. It was an Electrify America location, and they had about eight chargers. Only one was occupied — by an Audi eTron — and so we plugged in, hitting the store for the facilities and, honestly, just to walk around in the air conditioning (did we mention it was hot, hot, hot?!). 

Charging took 37 minutes and cost us $13.33.

Brian Sullivan using a charging station in Sunnyvale
CNBC

Now, off to Bakersfield.

The drive along Route 58 was fascinating. We passed one of the airplane storage fields along with the Alta Wind Energy Center, one of the biggest wind energy facilities in the world.   It was a gorgeous drive at sunset coming down the mountain with lots of hills along this route. 

Hills matter for the Polestar 2 in two ways: first, up hill seems to burn more charge as the car is under load pulling its own weight up hill, but going down is a win because the car has a system that generates power by slowing the car without braking. So once you get the hang of it, you almost never touch the brake pedal and produce some power while you do it.

Stop 2: The Hampton Inn

We rolled into Bakersfield at 18% charge after covering 135 miles and plugged into Chargepoint system at the Hampton Inn. It only had two plugs but we were the only car there and the night manager said he’s actually never seen anyone use it. It was slow, but free, and we left with an 89% charge about 10 hours later.

The long, boring and hot (did we mention it was hot?) drive straight up I-5 through the breadbasket of California was next.  Harriet had a 4 p.m. flight out of San Francisco airport so we were on a bit of a tight schedule and had to leave time to charge.

Pro tip: when planning a trip, it helps to be relatively good at math to help calculate various charging time scenarios.

Source: CNBC

Stop 3: Electrify America at Shell gas station

The various apps showed us the best possible stop was in Firebaugh, about 140 miles up the road.  There looked to be a few fast food joints and places to get a coffee. And that’s pretty much all it was.  Our Electrify America plug was at a Shell gas station (as many seem to be) with a small convenience store.

Source: CNBC

We grabbed some water and just, well, stood around. It took us 41 minutes and cost $21.93 to get to an 87% charge, and we enviously eyed the Tesla network across the road, where drivers charged more quickly and had shade from the stations’ roof (did we mention how hot it was?).  We went back in to buy sunscreen.

Now, the final leg.  Firebaugh to the San Francisco International airport. Or not. The car’s software indicated we would hit SFO with a meager 5% charge. And since I was continuing on to the city, it wouldn’t be enough. We would have to stop again.  Annoying, but not the end of the world given that we were going to be hungry and we were rolling into Silicon Valley, where charging stations are as plentiful as garlic in Gilroy.  We found a charger near a ramen joint and powered up both ourselves and the car.

I dropped Harriet off at the airport and finished the short ride into the city, arriving near the CNBC studio with a solid 42% charge and a lot of curious looks from drivers wondering what kind of car it was.

Pro tip #2: Because of the hills, SF is the perfect place for the Polestar 2 and its regenerative braking!  

Final thoughts

A long road trip in an EV right now is not impossible, but it’s not ideal. Yes, we know that something like 95% of trips by car are short hops along the same routes: Work, school, store, repeat. 

Electric cars may be the future, but the future needs to speed up. And by that, we mean charging speeds have got to accelerate as quickly as the Polestar 2 at a green light: 45 minutes every 200 miles or so won’t cut it for any family looking to make a longer road trip.

We didn’t see a shortage of charger. Even in the desert we found chargers to use.  There is, however, a shortage of chargers in places you really want to stop. Ultimately, I think the EV play is less about cars and more about real estate.

The more EVs on the road, the more charging stations that will be needed. There’s not a lot of demand for them right now, so charging ports were plentiful on our trip. But just think of 20 cars sitting for 45 minutes or more at a time at a single charging station. That takes up a lot of time and space.

For most people, a new car needs to have utility 100% of the time. Based on this trip, it’s not clear we are there yet. 

CNBC’s Michael Wayland contributed to this article.

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Yamaha throws in the towel, pulls out of e-bike market in North America

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Yamaha throws in the towel, pulls out of e-bike market in North America

Yamaha has announced to its dealers that it will be pulling its e-bikes out of the North American market at the end of this year. In the meantime, the brand says that it will offer sales of up to 60% off for its remaining inventory and continue to support its e-bikes already sold in the US for at least five more years.

Yamaha’s electric bikes have been well-received in global markets and have also received rave reviews in the US. However, the company’s higher prices make it harder to compete in the North American market, which is dominated by value-oriented models with significantly lower price points.

Yamaha’s various electric bikes designed for commuting, fitness, and mountain biking all feature higher-end components, which has resulted in the company competing more directly with premium bicycle shops. The company’s elaborate frames and in-house motors have added value to their models, yet have also contributed to a more premium price range.

Meanwhile, Yamaha hasn’t been immune to the same sales slowdown and overstocking issues that have plagued the e-bike industry over the last few years, as the company explained to its dealers in the letter seen below.

“Dear Yamaha eBike Dealer,

We want to thank you for your partnership and for your business in purchasing and retailing Yamaha eBikes, and for proudly representing the Yamaha brand. However, as you know, the combination of a post-COVID oversupply within the entire bicycle industry, coupled with a significant softening of the market, has resulted in a particularly challenging business environment where it is extremely difficult to achieve a sustainable business model. Given these market conditions, we regret to inform you that Yamaha has made the difficult decision to withdraw from the U.S. eBike business and cease wholesaling units effective the end of this year.

Yamaha Motor Corporation, U.S.A. (YMUS) entered the U.S. eBike market in 2018, and we have enjoyed the opportunity to partner with you these past six years to sell exciting, high-quality, all-road, mountain, and fitness/lifestyle eBikes.

We will continue to support your dealership in the sell down of your inventory by extending the current “Fan Promotion” program where customers may receive up to 60% off their purchase of a new Yamaha eBike. This “Fan Promotion” program will be offered on all units retailed and warranty registered through June 30, 2025. YMUS will continue to provide parts, service, and customer support in the United States both now and in support of our limited 5-year warranty.

Finally, we wish to express our sincere appreciation and gratitude to you and your staff for your dedication and support of the Yamaha eBike business.

Thank you for your understanding and support.”

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

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

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

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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-Oct-sales
Onvo L60 electric SUV models (Source: NIO Onvo)

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.

NIO's-Oct-sales
NIO Onvo L60 electric SUV (Source: Onvo)

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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