No, you shouldn’t get too excited about GM’s $14,000 electric mini-truck. Here’s why
There’s been a lot of fuss about the supposed “$14,000 GM electric mini-truck” recently, but you probably shouldn’t get too worked up about it.
That’s not to say that electric mini-trucks aren’t an exciting new field. I’m a proud owner of one and I love the thing. Mini-trucks, and especially electric mini-trucks, are incredibly useful and highly efficient machines. Though the best part about these fun little utility vehicles is likely their low prices compared to pricier electric pickup trucks.
The most recent model making headlines, the GM-backed Baojun Yep EV, even offers some fairly respectable performance numbers. Despite being smaller than a tiny Fiat 500 subcompact city car, it features a 50 kw (67 horsepower) electric motor, a top speed of 100 km/h (62 mph) and a city range of nearly 300 km (188 miles) per charge.
Obviously it’s not meant to tow a Boston Whaler down the highway. But for around-the-town jobs it’d be plenty.
Just don’t start taking out your checkbook when you hear about many of the new mini e-truck models swirling around in the news. That’s because you can’t have one. Here’s why.
Most of the time these stories are misleading for a few reasons. Take the US $14,000 GM mini-truck above, for example. First of all, it’s not a GM model. And second of all, it doesn’t cost US $14,000. The entire premise is a lie.
That vehicle, the Baojun Yep EV, is technically “GM-backed” thanks to a joint venture between General Motors and the two state-owned Chinese automotive companies SAIC Motor and Liuzhou Wuling Motors. But GM is a minority owner in the deal. It’s less of a GM vehicle and more a partially paid for by GM vehicle.
Next, it doesn’t really cost US $14,000. First of all, no one knows what the price tag will be for the Baojun Yepp EV truck when it eventually launches. It is based on a similar SUV-format vehicle that itself has only been estimated to launch at 100,000 Chinese Yuan later this summer.
Sure, ¥100,000 is approximately equal to US $14,000 at current exchange rates. But that doesn’t make this a US $14,000 vehicle. As anyone who reads my long-running weekly column Awesomely Weird Alibaba Electric Vehicle of the Week will already know, Chinese vehicle prices don’t translate very well into US prices.
The only way you could buy one of these vehicles for approximately US $14k is if you did it in China. Which is what I did, once. A couple summers ago I paid a Chinese factory US $2,000 for a much lower spec (5 horsepower, 25 mph) electric mini-truck.
By the time it was all said and done, I had paid an additional US $6,000 or so in freight charges, import duties, US taxes and tariffs, US customs fees, trucking and other expenses to get it into my family’s driveway in Florida.
I did the same thing with a five-seater electric boat. I paid the factory in China US $1,080 but wound up with around a US $4,500 lighter bank account by the time the boat slipped into a Florida pond.
And that was for a private import. Imagine if I was a company trying to turn a profit on these things. That US $2,000 Chinese mini-truck could easily turn into a US $12,000 or more mini-truck, stateside. And that’s a comparatively low-spec vehicle.
The same goes for other popular electric microcars from China. We often hear about the “$5,000 Wuling Mini EV” electric micro-car, which is a vehicle that frequently gets tossed around my comment section whenever I write about an electric bike that costs over US $5,000.
But don’t be fooled into thinking that’s a US $5,000 car. It’s not. It’s a ¥30,000 car.
Sure, if you flew to China with five grand in your pocket, converted it to Chinese Yuan at the airport, and then walked into a Wuling dealership, you could probably drive out a few hours later in a shiny new micro-car. But you aren’t going to do that, are you?
Instead, you would need an enterprising importer to bring a literal boatload of them to the US (or wherever you live), somehow get them homologated for federal motor vehicle safety standards, then sell one to you. If you got out of that transaction for under US $15,000, you’d be extremely lucky (consider that a new golf cart in North America can easily US $10,000). And you’d still have a tiny 25 mph (de-regulated to US LSV laws) Chinese car for the price of a cheap highway capable vehicle in the US.
This isn’t to say that electric mini-trucks don’t exist in the US. There are street legal electric mini-truck manufacturers like the Texas-based startup AYRO, though they’re still getting rolling with upcoming production. Plus, the starting prices are closer to $25,000, which is a bit higher than those domestic market Chinese electric mini-trucks.
There are also a few more or less scrupulous importers of Chinese electric mini-trucks, though almost none are street legal, even if the shadier importers claim them to be.
But for the most start, the few real options are the pricier models from real US manufacturers.
Maybe things will change. As electric mini-trucks grow in popularity, perhaps more companies will enter the fray and prices will come down. Or perhaps Chinese models will actually be homologated and imported to the US at reasonable prices. Either would be great news considering the ballooning size of US trucks and SUVs that contribute to climbing road deaths, greater emissions and increased road wear. But for now, there’s no point in getting excited over misleading claims of cheap electric trucks. They simply don’t exist yet, unfortunately.
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Tesla has released a new navigation feature to make it easier for people towing trailers to find charging stations that can accommodate them.
Towing trailers with electric vehicles is not yet super popular, but it is rapidly gaining in popularity, with more electric SUVs and pickup trucks having increasingly impressive towing capacity.
Tesla has had the Model Y and Model X with a limited but still useful towing capacity for a few years, but with now the Cybertruck and the opening of its Supercharger network to other EVs, including many pickup trucks, the automaker is starting to see more people arriving at its popular charging stations with trailers.
This can be problematic as if you don’t want to block several chargers, you are going to have to unhook your trailer to go charge your vehicle. That’s less than ideal and something gas-powered vehicles rarely have to do at gas stations.
Tesla’s solution has been to build a few “pull in” charging spots at some Supercharger stations that enable you to park with your trailer while charging (via Tesla Motors club):
Tesla is currently building more of these stations, but they are still far and few in between and hard to find.
The automaker is now making it easier to find with a new software update. Now, you can click on a Supercharger station, and it will tell you if it has trailer stalls.
Furthermore, if you are driving on “trailer mode” and searching for charging stations, those with “trailer friendly” stalls will appear at the top:
However, as usual, when traveling long distances in an electric vehicle, you are better off just doing a bit of planning about where to charge ahead of time, especially if you are going to be towing over long distances.
Now that Tesla can distinguish between trailer-friendly and non-trailer-friendly stations, the automaker can hopefully include it in its API for other automakers to integrate into their own navigation systems as many of them can start using the Supercharger network.
Part of Tesla’s Supercharger network is powered by solar, but the best way to power your electric car with solar is at home. If you want to find a trusted, reliable solar installer near you that offers competitive pricing, check out EnergySage. EnergySage is a free service that makes it easy for you to go solar – whether you’re a homeowner or renter. They have hundreds of vetted solar installers competing for your business (including Tesla and Powerwall certified installers in some markets), ensuring you get high-quality solutions and save 20 to 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.
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Corporate America is investing in clean energy at record levels, with tech giants taking the top spots for users of solar.
Meta, Google, and Amazon are leading the charge in solar and battery storage adoption, according to the Solar Energy Industries Association’s (SEIA’s) latest “Solar Means Business” report.
Meta continues to hold the title of the top solar user in corporate America, with nearly 5.2 gigawatts (GW) of solar capacity installed. Meanwhile, Google leads the way in energy storage, boasting 936 megawatt-hours (MWh) of installed battery capacity. Through the first quarter of 2024, these companies have added the most solar capacity to their electricity portfolios, with major players like General Motors, Toyota, and US Steel also climbing the ranks.
The report reveals that US businesses have installed nearly 40 GW of solar capacity both onsite and offsite through Q1 2024, and corporate storage use now exceeds 1.8 gigawatt-hours (GWh). Even more growth is coming: Companies have over 3 GWh of battery storage under contract that will come online in the next five years.
“Some of the largest industrial and data operations in the world continue turning to solar and storage as a reliable, low-cost way to power their operations,” said SEIA president and CEO Abigail Ross Hopper.
Technology companies are at the forefront of this shift as data center growth drives skyrocketing electricity demand. Amazon, for example, leads the US with 13.6 GW of solar procurements under contract, while Meta and Google each have nearly 6 GW under contract – pipelines over 10 times larger than the next company in the rankings.
Target remains the US’s leading onsite corporate solar user for the ninth year in a row, with Prologis, Walmart, Amazon, and Blackstone also making the top five. For the first time, the “Solar Means Business” report is also tracking corporate battery energy storage, with Google, Apple, Meta, Target, Walmart, Home Depot, and Kohl’s among the top 10 companies using storage to meet more of their energy needs in real-time.
Looking ahead, both offsite and onsite energy storage are expected to play a bigger role in corporate renewable energy strategies. Medical companies like Kaiser Permanente are already using batteries to power microgrids, making their facilities more resilient to outages.
Carolyn Campbell, Meta’s head of clean and renewable energy, East, highlighted the importance of expanding solar capacity to match the company’s global operations with 100% clean energy: “We’re thrilled to rank number one for corporate solar procurement in SEIA’s report this year, and we continue to find ways to grow the grid to benefit everyone.”
Target’s vice president of property management, Erin Tyler, said of Target’s 20-year-old solar program, “Through our commitment to solar, we’re well on our way to achieving our corporate goal of sourcing 100% of electricity from renewable sources by 2030.”
The “Solar Means Business” report also looks at the policies driving corporate America’s adoption of solar. Many companies are taking advantage of the Inflation Reduction Act’s long-term clean energy incentives. To further accelerate their renewable energy investments, businesses are calling for improvements in interconnection processes, new community solar legislation, and simpler tax credit monetization.
Read more: A 100-MW solar farm just broke ground in Wisconsin
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Volkswagen Group Africa has officially begun production of a modern electric farm tractor at its multifunctional facility in Gashora, Rwanda in a bid to advance modern, low-emission agricultural initiatives in Africa.
Part of a larger Rwandan initiative called the GenFarm Project, the new VW tractor is part of a “holistic ecosystem” of electrified farming machinery set to be used throughout rural Africa – where liquid fossil fuels are often just as difficult to come by as electricity. The goal is to provide machinery that’s both sustainable and reliable.
“We are growing our footprint in Africa and regard Rwanda as a key growth market. This project demonstrates our commitment to sustainable practices and highlights our ability to provide mobility solutions to the rural community in addition to the urban community currently serviced by our Volkswagen Mobility Solutions Rwanda business,” explains Martina Biene, Volkswagen Group Africa Chairperson and Managing Director. “The GenFarm Project fosters technological innovation and aligns with Volkswagen Group’s strategy to generate meaningful value for both society and the environment through sustainable mobility.”
The GenFarm project will eventually provide mobility services for transportation of goods and people. In June 2023, Volkswagen Group Africa signed a Memorandum of Understanding (MoU) with the Government of Rwanda to provide land for the establishment of the GenFarm Project.
The Volkswagen tractors’ electric motor produces 20 kW (about 27 hp), making it about the same size as the Solectrac product (which hasn’t worked out well in the US, it must be said). That motor gets its electrons from a 32 kWh swappable battery. Batteries are swapped/charged at the Empowerment Hub to minimize downtime. DC fast charging isn’t available, but the relatively small, swappable batteries (hopefully) mean that’s not much of a problem.
The GenFarm project hopes the new VW electric tractor will help clean up Rwanda’s agricultural sector, which currently accounts for some 25% of the national Gross Domestic Product.
Electrek’s Take
We’ve talked a lot about the lack of new farmers in America, but the problem is global – especially as western companies, and western ideas about consumerism, continue to spread. Products like this electric tractor from VW will make farming cleaner, quieter, and (hopefully) more attractive to young workers.
SOURCE | IMAGES: VW Group Africa.
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