Experts say 2021 could be a pivotal year for EV adoption thanks to greater selection of EV offerings, rising consumer interest NEWS PROVIDED BY EDMONDS View the original article here
SANTA MONICA, Calif., Feb. 2, 2021 /PRNewswire/ — Electric vehicle sales are poised to hit their highest level on record in 2021, according to the car shopping experts at Edmunds. Edmunds data shows that EV sales made up 1.9% of retail sales in the United States in 2020; Edmunds analysts expect this number to grow to 2.5% this year.
“After years of speculation and empty promises, 2021 is actually shaping up to be a pivotal year for growth in the EV sector,” said Jessica Caldwell, Edmunds’ executive director of insights. “We’re not only about to see a massive leap in the number of EVs available in the market; we’re also going to see a more diverse lineup of electric vehicles that better reflect current consumer preferences. And given that the new presidential administration has pledged its support for electrification, the U.S. is likely to see incentive programs targeted at fostering the growth of this technology further.”
“2021 is actually shaping up to be a pivotal year for growth in the EV sector” – Jessica Caldwell, analyst, Edmunds
Edmunds analysts anticipate that 30 EVs from 21 brands will become available for sale this year, compared to 17 vehicles from 12 brands in 2020. Notably, this will be the first year that these offerings represent all three major vehicle categories: Consumers will have the choice among 11 cars, 13 SUVs and six trucks in 2021, whereas only 10 cars and seven SUVs were available last year. For the full list of EVs expected to come to market in 2021, please see the table below.
This diverse spread of EV offerings should help encourage stronger loyalty among EV owners, which has dwindled over the years as shoppers have gravitated toward larger vehicles. According to Edmunds data, 71% of EV owners who didn’t buy another EV traded in their vehicle for a truck or SUV in 2020, compared to 60% in 2019 and 34% in 2015.
“Americans have a love affair with trucks and SUVs, to the detriment of EVs, which have until recently been mostly passenger cars,” said Caldwell. “Automakers should have a much better shot of recapturing some of the EV buyers who they’ve lost now that they can offer larger, more utilitarian electric vehicles.”
Edmunds analysts note that this infusion of fresh new products comes at a time where the market is also seeing a positive shift in consumer interest in EVs. According to Google Trends data, consumer searches for electric trucks and SUVs have recently hit a high point after trending upward for years.
“Besides affordability, one of the biggest barriers to increased EV sales has simply been tepid consumer reception — it’s been tough for companies that aren’t Tesla to crack the code of how to get shoppers hyped up for these vehicles,” said Caldwell. “But in the past year we’ve seen automakers throw huge advertising dollars behind their EV launches in an attempt to drum up some buzz, and it’s promising that consumers seem to at least be more aware of the options out there.”
As more consumers look to EVs as a possibility for their next car purchase, Edmunds experts emphasize that shoppers should take extra time to consider their alternatives and do their research.
“Buying an EV is an entirely different beast than a traditional car purchase, so extra research and diligence are key,” said Ivan Drury, Edmunds’ senior manager of insights. “Range and weather conditions play a huge factor in determining whether certain EVs make sense for your everyday needs, and whether you own a home with a garage or rent an apartment could affect your charging situation. Federal and state tax incentives are at play with these purchases. And with a number of manufacturers following Tesla’s direct sale model, there might not be opportunities to take a test drive, or even to trade in your current vehicle, like you would at a traditional dealership.”
To help consumers, the Edmunds experts have put together a comprehensive analysis of the true cost of powering an EV, and they also maintain an authoritative EV rankings page that highlights the best electric vehicles currently in production.
Electric Vehicles Expected to be Available for Sale in 2021
By Kirsten Korosec View the original article here.
Tesla delivered 88,400 vehicles in the first quarter, beating most analysts expectations despite a 21% decrease from the previous quarter as the COVID-19 pandemic put downward pressure on demand and created logistical challenges.
Tesla said Thursday it produced 103,000 electric vehicles in the first quarter, about 2% lower than the previous period.
The deliveries and production figures beat most analysts expectations, causing Tesla shares to jump more than 10.4% in after-hours trading. Analysts, who had anticipated lower numbers due to the COVID-19 pandemic, had varying forecasts. A consensus of analysts by FactSeat expected more than 79,908 vehicles would be delivered while Reuters reported IBES data from Refinitiv forecast numbers as high as 93,399 vehicles.
The company, which sells directly to consumers as opposed to using dealerships, was able to beat those expectations in part because it continued to produce and deliver its electric vehicles to customers in spite of the COVID-19 pandemic. The pandemic has prompted city, county and state officials to issue stay-at-home orders that have directed non-essential businesses to close. While manufacturing is often exempt from these orders, pressure from the United Auto Workers as well as falling demand has prompted automakers, including GM, Nissan, Ford, Fiat Chrysler Automobiles, Toyota and Volkswagen suspended production at all U.S. factories.
Tesla also suspended production, beginning March 23, at its plant in Fremont, Calif. However, deliveries have continued.
While COVID-19 still affected Tesla, the company still managed to beat its delivery numbers from the first quarter of 2019.
Here’s a breakdown of the first quarter 2020 deliveries and production:
Tesla delivered 88,400 vehicles (compared to 112,000 in Q4 and 63,000 in Q1 2019)
Tesla produced 103,000 vehicles (compared to 105,000 in Q4 and 77,100 in Q1 2019)
This quarter deliveries included some Model Y vehicles, the newest addition to Tesla’s portfolio. Model Y production started in January and deliveries began in March according to Tesla.
Tesla also said that its new Shanghai factory, which is producing the Model 3 for Chinese customers, is achieving “record levels of production, despite significant setbacks.” Tesla didn’t provide any details on the levels of production at the Shanghai factory. The first public deliveries of Model 3 sedans produced at its Shanghai factory began January 7, one year after Tesla began construction on its first factory outside the United States.
Last year saw numerous developments in the electric-vehicle space, from manufacturers like Tesla, Ford, and Porsche.
In addition to the developments, carmakers made claims about how fast they’ll be introducing new electric and hybrid vehicles over the next few years — partially in response to tightening efficiency and emissions standards.
Some manufacturers have revised their earlier estimates and are planning to reach electrification targets sooner than expected.
The electric-vehicle market made big gains in 2019, across multiple car manufacturers — and the industry has even bigger plans for the years to come.
Rivian, for example, closed out the year with an extra $1.3 billion in investments. Tesla turned a profit, debuted the Cybertruck, delivered the first Model 3s built in its Shanghai plant, and announced a boosted range on its Model S and Model X. On the luxury end of the spectrum, the Audi E-Tron went up for sale, Porsche started production on the Taycan performance car, and Lamborghini announced its first hybrid supercar.
While plenty of tangible EV-related developments happened in 2019, it was also a year of promises made. As of late last year, auto manufacturers had pledged to spend a total of $225 billion developing new EVs in the near future, via The Wall Street Journal.
Increasingly restrictive emissions and fuel-efficiency regulations around the globe — but not so much in the US — are compelling carmakers to roll out vehicles more able to fit within those restrictions. Accordingly, in recent years, manufacturers have advertised a whirlwind of plans and timelines for bringing more EVs to market.
Scroll down to read more about what automakers see in their EV future.
Toyota — whose cars currently make up more than 80% of the global hybrid vehicle market, according to Reuters — announced plans to generate half of its sales from electrified vehicles by 2025, five years earlier than it previously estimated. Despite having its own battery-making operation already, Toyota will partner with Chinese battery manufacturers to meet demand.
Last year, Volkswagen said it will spend more than $30 billion developing EVs by 2023. The manufacturer also aims for EVs to make up 40% of its global fleet by 2030. Not to mention, Volkswagen plans to reach its target of 1 million electric cars produced by the end of 2023, two years ahead of its prior predictions.
In 2019, General Motors said Cadillac will be its lead brand when it comes to electric vehicles. Cadillac’s president said the majority of the brand’s models would be electric by 2030, and left open the possibility that the lineup would go entirely electric by then. He also confirmed that Cadillac would roll out a large Escalade-like electric SUV, which it expects to begin manufacturing in late 2023.
Last year, Ford unveiled the Mustang Mach-E, an electric crossover that gets its name from the company’s iconic sports car. But that wasn’t the only EV Ford had plans for. In 2018, Ford’s CEO said an increased investment in electric-car initiatives would result in a 2022 model lineup that includes 40 electric and electrified vehicles.
In 2019, Ford Europe said it will offer an electrified option for all of its future nameplates and announced at the Detroit Auto Show that a fully electric F-150 would launch in the coming years. The Blue Oval also showed off a lineup of 17 hybrids and EVs — both family haulers and commercial vehicles — it plans to bring to the European market by 2024.
Last year, Volvo released its first electric vehicle, the XC40 Recharge, which it expects will go on sale in the US in the fourth quarter of 2020. The brand also doubled down on its pledge to generate 50% of its global sales from EVs by 2025 and promised that, by the same year, it will reduce the total carbon footprint of each vehicle manufactured by 40%.
Plus, Volvo said it will release a new EV every year for the next five years. This is all part of the Swedish company’s plan to become fully climate neutral by 2040.
Honda revealed its Honda E city car in 2019, and also said every model it sells in Europe will be at least partially electrified by 2022. That’s a big jump from Honda’s earlier projections of a full lineup of electrified cars by 2025. The fully electric Honda E and hybrid Jazz, known as the Fit to US consumers, will jumpstart the initiative.
In 2017, BMW Group projected that electrified vehicles — a term that doesn’t necessarily equate to fully electric vehicles — would account for 15% to 25% of its sales by 2025.
In working toward that projection, BMW Group unveiled the electric Mini Cooper SE last year, targeting it toward “urban mobility.” In June, the Bavarian brand said it will offer 25 electrified vehicles by 2023, two years earlier than it had initially planned. One of those new models — an electric version of the 1 Series hatchback — may arrive as early as 2021.
BMW also projects a twofold increase in electrified vehicle sales by 2021, as compared with 2019, and a 30% growth in those sales year over year through 2025.
Nissan launched the Leaf Plus with a longer range last year, and plans to introduce eight new electric cars by 2022.
At last year’s Tokyo Motor Show, the brand unveiled the concept version of its new Ariya EV, and Car and Driver reported late last year that a production version could make it to the US by 2021. Nissan claims the high-performance crossover will travel 300 miles on a single charge and go from 0 to 60 mph in less than five seconds.
Fiat Chrysler Automobiles
In 2018, Fiat Chrysler announced it would invest $10.5 billion in electrification through 2022. By that year, FCA plans to offer at least 12 hybrid and all-electric powertrain options and launch more than 30 electrified nameplates. As part of that effort, the company announced a $4.5 billion investment in new and existing plants last year that would allow it to produce at least four plug-in hybrid Jeep models.
FCA began making good on that promise when it displayed plug-in hybrid versions of the Compass, Renegade, and Wrangler at the Consumer Electronics Show earlier this month.
In 2017, Daimler, the parent company to Mercedes-Benz, unveiled plans to plunge more than $11 billion into developing its EQ series of electric cars, with the aim of introducing more than 10 EVs by 2022. The company also plans to offer at least one electric option in every Mercedes-Benz model series. Last year, Daimler confirmed that an all-electric G-Wagen is in the works.
In the past decade, the topic of “sustainability trends” has been a subject of great discussion. As we approach a new decade with our climate in crisis, it becomes more important than ever to keep up with and invest in the latest in sustainability efforts- particularly in the world of business. We asked over one hundred eco-minded business leaders what they saw as the sustainability trends that will shape the next decade. Here are the top ten trends they identified. From relying on renewable energy to eating smarter, we were excited to see that they were largely positive and optimistic!
1. CHANGES TO ENERGY PRODUCTION
One of the most talked about sustainability trends is reducing our dependence on fossil fuels. Fossil fuels are nonrenewable sources of energy and are the leading contributor to climate change. In the United States, they’re to blame for more than 80 percent of greenhouse gas emissions — and 98 percent of CO2 emissions alone.
As of 2017, fossil fuels accounted for 80 percent of the energy in the US. While this number seems depressing, this is the lowest share since 1902! Renewables now account for 11 percent, the highest share since the late 1910s.
This is a promising reminder of the fact that collective efforts to invest in and improve our energy infrastructure are having a meaningful impact, and many of you felt hopeful that solar and wind energy will become far more commonplace in the next decade.
Caio Bersot at EnergyRates.ca reminded us that not only are solar and wind energy technologically promising, the trends towards micro-generation of electricity in homes using these renewable energy technologies is also extremely promising. Whether wind turbine, solar panels or even geothermal energy, renewable energy tech is becoming increasingly affordable. This will probably enable people to invest in renewable energy sources without having to spend too much on installation costs.
2. REDUCTION IN OUR ENERGY CONSUMPTION
Another one of the most promising sustainability trends in business is reducing energy consumption. Electric vehicles (especially to fuel freight transportation), LED lighting, smart homes, and LEED certified buildings were all mentioned frequently as critical areas of forward progress because they change how we consume energy (and how MUCH electricity and fuel we consume).
Catherine Pears at Wavelength Lighting shared that in commercial spaces, the installation of LED lighting is less of a fleeting trend and more of a necessary shift required of any energy-efficient building. Legislation in cities like New York City and Berkley, California are already implementing requirements for lighting upgrades to commercial buildings above a certain size— because there is simply no need to be wasting so much energy by keeping traditional light sources (like CFL and incandescent) in place. Now that LEDs have caught up to traditional lighting in terms of price point, and actually pay themselves back in a short amount of time, the choice is pretty clear: choose LEDs and save energy and money.
Liz Jeneault of Faveable saw electric vehicles as the most promising trend. In the coming year and beyond, we absolutely will see people purchasing more plug-in hybrid and fully electric vehicles. Everyone is familiar with Tesla, but automakers across the board are offering or developing more eco-friendly options. Many of the vehicles are coming in the form of an SUV. The SUV segment continues to rise in popularity, as people want just the right of amount performance, comfort, and spaciousness. They don’t want the gas guzzlers of the past, however.
That’s why new vehicles like the Audi e-tron have been such a big hit. The SUV is fully electric, but offers excellent performance. I definitely feel having more zero-emissions vehicle options out there will help consumers make smarter choices for the environment. Reducing our personal carbon emissions is a great way to help address global warming. Since many of us drive so much, opting for a plug-in hybrid or fully electric vehicle can have a big impact.
Caio Bersot also highlighted trends towards a smart home. People buy personal assistants, motion sensors, smart lockers and bulbs, cleaning robots, and smart appliances all the time. The main reason is that such devices make your life more comfortable and practical. However, brands are starting to notice the importance of adding sustainability to the mix. Smart home gadgets will become each time more energy-efficient, be it by using less electricity or for actively preventing you from spending more energy than you should. This will include smart light bulb kits, smart power strips, smart thermostats, smart energy monitors and even smart curtains.
3. PLANT BASED EATING
The next in our series of sustainable trends attempts to mitigate the environmental impact of our diets. Many responses to this question were optimistic about recent trends towards plant-based eating and meat substitutes. It’s no secret that eating meat has a big impact on the planet. Within the United States, agriculture and forestry together accounted for 9.0 percent of U.S. greenhouse gas emissions in 2017 (not to mention the negative impact that agriculture has on soil and waterways). What does this have to do with meat? 26 percent of the earth’s land is actually used for livestock grazing and one-third of the planet’s arable land is occupied by crop production used entirely as livestock feed.
According to John Moss, of English Blinds, the rise of veganism is perhaps the main sustainability trend to watch over the next decade. Nestle, the world’s largest food conglomerate, states that “the plant-based food trend is here to stay,” and America’s top takeaway marketplace GrubHub states that demand for orders of plant-based food have reached an all-time high. In fact, GrubHub’s data indicates that orders of vegan food increased 19% in the first half of 2017 compared to the same period of 2016, and GlobalData identified a 5% rise in the number of data subjects identifying as vegan between 2014 and 2017.
The ability to eat vegan without spending huge amounts of time and money doing so has also increased exponentially in recent years, making this a much more viable option for people who might have previously ruled it out due to time or financial constraints, which is helping veganism as a whole to snowball.
Sylvain Rochon was particularly favorable towards simulated meat substitute products like the Impossible Burger and lab-grown meat.
The “meatless meat” market is growing very quickly because most people don’t care whether their burger or steak is made of actual meat or not. They like the taste and texture and how it feels. These companies like Impossible Foods figured out a way to put vegetables together to simulate color, texture and taste of meat. Since real meat is environmentally problematic and expensive to produce, most people, taste and texture being equal, would prefer to buy the less expensive alternative “veggy-meat” than the real thing.
Lab-grown meat, once ready for mass production and cost-effectiveness, can be an amazingly effective alternative to real meat, giving rise to designer meats. It is much easier to alter muscle cells in a lab environment for taste, texture, color and shape than to do that on a real live animal. So expect different varieties of muscle cell cultures to emerge as sources for future meats without the need to harvest any cells from animals anymore.
And, just like vertical farming in controlled environments, lab-grown meats can be produced within city borders, near distribution centers. This is all great for the consumer’s health, our wallets and the environment, and it is all made possible by the massive amount of investment made in artificial intelligence plus automation over the past few years.
4. REGENERATIVE AGRICULTURE
While many were focused on plant based eating trends, others felt that regenerative agriculture, to support both plants and livestock production, is the more important game changing wave of progress.
Lucinda Cramsey of Moink Box highlights,there are only 60 years left of top soil on this earth if we do not take a step toward regenerative farming. I was born a poor farmer in LaBelle, MO, where I still live today. I’ve seen how big ag. companies abused the family farm, and their land. Without our top soil, we have no food. Without food, we have nothing as humans.
Regenerative agriculture – defined as a system of farming principles and practices that increases biodiversity, enriches soils, improves watersheds, and enhances ecosystem services – is an antidote to our current depletion of topsoil.
Regenerative Agriculture aims to capture carbon in soil and aboveground biomass, meaning that it can feed the planet while simultaneously reversing current global trends of atmospheric accumulation.
Nonprofit Regeneration International claims that transitioning 10% to 20% of agricultural production to best practice regenerative systems could sequester enough carbon dioxide to reverse climate change. That seems like a bold claim, but many independent farmers have been astounded by the results they’ve seen. Take, for example, Gabe Brown who moved to regenerative practices on his ranch in Bismark, North Dakota. Organic matter and rainwater uptake tripled while he was able to handle five-times the number of cattle he used to.
With big brands like Patagonia, Dr. Bronners and Justin’s Nut Butters behind the regenerative agriculture movement, this trend certainly holds promise.
5. CHANGES TO OUR RELATIONSHIP WITH PLASTIC
Many felt that the tides were finally turning on our relationship with single use plastic, in large part driven by the growing awareness of ocean plastic pollution and its impact on ocean life, acidification and the food and water we consume.
Louis Watton of Shiply shared, I believe that cutting down on excess plastic packaging has been and will continue to be the biggest sustainability trend over the next decade, and will have a big impact on both businesses and consumers.
The packaging industry is the single largest producer of plastic. In 2015 there was roughly 146 million tonnes of plastic produced for packaging (over twice the amount that was produced for building and construction) and 141 million tonnes of that plastic is wasted – as such, targeting this industry is very important in the fight for sustainability.
As long as high profile programs such as Blue Planet 2 continue to bring attention to the undeniable negative impact such massive plastic production and waste has on our planet I believe consumers will be hyper-aware of the products they buy and how they are packaged.
John Moss of English Blinds echoed these sentiments. The consumer-led drive to cut down on the use of nonrecyclable plastics is already well underway and this is a trend that is only going to strengthen and snowball in the coming decade. We’re already in a position where a significant number of consumers across all demographic groups are willing to call out businesses of every caliber on the needless use of disposable plastics, and/or vote with their feet when it comes to leaving stores with poor plastic credentials without making a purchase.
Robert Piller of Eco Marketing Solutions reminded us that much damage has already been done. [Plastic reduction] will continue to trend, but will it help reverse ecological challenges? Well, that remains to be seen. The damage done so far is staggering, as between 4.8 and 12.7 million metric tons of plastic materials end up in oceans each year (National Center for Ecological Analysis and Synthesis), and 100,000 mammals and 1 million seabirds are killed each year by consuming plastics (The Ocean Conference). Fixing this problem would require every business and consumer to go green in a big and bold way.
6. CHANGES TO RECYCLING AND COMPOSTING
While strides have been made with composting and recycling in the US and worldwide, both have major challenges. Between the China Ban (and our even more problematic recycling practices before the China Ban) and composters struggling to accommodate (and now banning) materials like bioplastic that add no nutrients to their output, our system of sustainable waste management needs an overhaul.
Many responses were optimistic about technologies that can help us improve both recycling and composting in the future.
Jeff Kneal of The Critter Depot reminded us that our longstanding approach to composting (designed largely for yard waste) is not ideal going forward. One of the biggest trends is composting with black soldier fly larva. Black soldier fly larva are create a highly nutritious compost, that performs better than chemical fertilizers. Black soldier fly larva can also compost meat, fish, and other complex proteins, making them more efficient than worms. BSFL will consume and produce about twice their body weight per day, reducing landfill, and the need for large trash trucks. And, because of their protein, black soldier fly larva are also great food sources for reptiles and chickens.
These types of innovations can help us significantly improve industrial composting, and the output from industrial compost.
Most respondents recognized that recycling is essential to sustainability long-term. We will continue to produce goods out of metal, glass, plastic, paper and other materials – and when these items are at the end of their life, recycling them into new useful goods is optimal.
Improving single stream recycling involves three things:
(1) improved sorting technology, so Materials Recovery Facilities can better and more cleanly sort even more waste items into separate, usable materials. An example of an innovation here is that currently needed – MRFs cannot accept plastic bags because they are so flimsy and get caught in the gears of machinery. Investments are being made to better sort this material out at the front of th sorting line. If successful, plastic film (a material that is technically fairly easy to recycle) could start being accepted curbside nationwide!
(2) improving reclaiming and remanufacturing with recycled content, so manufacturers can readily and effectively use the materials. For example, printing on recycled plastic and paper can be challenging. Colors are less vibrant. Advancements that enable manufacturers to produce goods made with 100% post consumer waste that are still excellent for printing.
(3) developing end materials and products that can be made easily with this recycled content.
For example, as highlighted by Ronald D’souza of Angel Jackets, several brands have taken the initiative of producing sustainable t-shirts made out of plastic water bottles, including the significant brand Ralph Lauren. The most notable benefit of such trend is that it replaces harmful human-made polystyrene with waste plastic bottles that would otherwise be dumped in the ocean. “Approximately 18,834,000,000 are dumped in the landfills every year. While, each plastic bottle can take up to 700 years to perish. Although this method of recycling plastic is still in its developing phase, in the next decade, we will witness more products made of plastic bottles, including Jackets, pants, bags, hats, and most wearable and even customers would opt for such items. Recycling plastic, especially for creating something sustainable is undoubtedly a positive step that will help us reverse the looming ecological challenges the world is facing.
7. GOVERNMENT REGULATION AND POLICIES
The single issue that garnered pessimism about progress was the role that governments play in pushing true, long-term progress when it comes to sustainability.
Though globally, there are a lot of countries whose political leaders have made the planet a core priority, many lamented the fact that this is not true of the US’s current administration. Many did, however, recognize that 2020 is just around the corner and that a new wave of optimism could emerge with our next election – [I’m] not at all confident under the current US administration. I’m somewhat optimistic if we see a new administration elected in 2020. Others also highlighted the role that local and state politicians have played in the US to keep environmental progress going during this time.
8. CONSUMER AWARENESS AND YOUTH ADVOCATES
Even those who felt hopeless about politics voiced optimism of just how passionate the next generation of consumers and citizens is when it comes to climate change and marine plastic pollution.
There is hope of the impact this will have on companies and governments.
Dr. Nardia Haigh shared, Greta Thunberg’s Fridays for Climate movement is reinvigorating people who have worked on climate change for many years, activist investors, and other social movements in related areas. The breadth of industries affected will continue to grow. Climate change activism is no longer of concern just to energy companies, but it stands to affect all kinds of companies as these activists are consumers, students, investors, entrepreneurs, parents, and leaders. All this appears likely to make climate change a strategic issue for all companies, and therefore competition on the basis of one’s climate change credentials will continue to grow.
Sarah Hancock of Best Company shared a similar sentiment. In my opinion, the sustainability trend that will have the biggest impact on business and consumers in the next decade is the increased awareness, education, and action surrounding sustainability initiatives.
People are and will continue taking to social media and the streets to demand action from governments and businesses on environmental issues. Up-and-coming Gen Z’ers will continue to be important influencers in these movements. Expectations for companies to address issues such as climate change, deforestation, and waste will continue to grow. Consumers, especially younger ones, will increasingly shift their loyalties to companies they perceive to be acting on these issues.
As a result, I expect to see many businesses increasing their sustainability commitments through more responsible recycling practices, efforts to become more energy efficient, and donations to environmental causes. A growing number of organizations will likely take the next step and put in the necessary work to gain B Corporation status as well.
9. THE MOVE TO SLOW FASHION
Sheri Turnbow of Bespoke Southerly was one of the many respondents that highlighted the exciting trends towards sustainability in the fashion industry. Fashion is considered one of the largest industry polluters in the world.
Textile factories produce toxic wastewater, synthetic fibers get released into the ocean through washing, fast fashion has created a culture of disposable clothing where very little is recycled and most ends up in landfills — 92 million tons of solid waste dumped in landfills each year.
As a result of these issues, we are seeing trends, particularly among smaller entrepreneurial brands to implement systems to reduce waste at all stages of fashion production. Possibly the most prominent of these is the made to order model. Made to order means each garment is made when the customer orders it – so cut one at a time vs. creating vast amounts of inventory that may never be sold. This model also enables personalization and customizations of clothing that is increasingly popular with millennials.
Steven Li of The Rising echoed these sentiments. High fashion, including Burberry and Gucci can afford to source sustainable materials, but brands like H&M will have a hard time following suit. Consumers are more aware of their environmental footprint than ever before, and when it comes to fashion, consumer decisions will most certainly weigh in the sustainability of the brands they buy from. Fashion has long been an industry optimized for the end product. Supply chains often top emissions charts and it’s good to see brands are pivoting to be more sustainable.
Retail giant Amazon made waves with its recent forays into the entertainment field. And now it looks like the sprawling enterprise is about to pull the rug out from under hydrogen fuel cell skeptics.
Last week the company signed a deal with fuel cell innovator Plug Power for a new generation of zero-emission, hydrogen-powered electric forklifts and other equipment at its fulfillment centers.
Warehouse operations aren’t the most exciting sector in the auto industry, but the new Amazon forklift deal could make a big difference for the future of fuel cell electric cars. That market has been slow to take off, but the Amazon announcement adds momentum to the trend, helping to keep investors and auto manufacturers interested in pushing the technology forward.
A big deal for hydrogen fuel cell vehicles
Fuel cell vehicles run on electricity, like the now-familiar battery electric vehicles. Both types of EV emit no air pollutants. The main difference is that fuel cells generate electricity on-the-go through a chemical reaction. Battery EVs run on stored electricity.
That difference looms large in warehouse operations, where excess fat shaved from time and space translates into big bottom-line savings.
Battery-powered forklifts require relatively long charging times, and extra storage space for battery charging. In contrast, fuel cell forklifts can be fueled up in a matter of minutes, like an ordinary gas-powered vehicle, and they don’t require a “battery room” or other excess storage.
Hydrogen fuel cell forklifts have already begun to establish a solid track record in the logistics sector, and it looks like Amazon didn’t take much convincing.
The recent deal enables the company to acquire more than 55 million common shares in Plug Power in connection with a $600 million commitment from Amazon to purchase goods and services from Plug Power.
This could be just the beginning…
Amazon and Plug Power plan on a relatively modest start for the new venture, with a total of $70 million in buys this year for fuel cell equipment at selected fulfillment centers.
What’s really interesting about the deal is the “and services” part of the agreement. Forklifts appear to be just the start of a wide-ranging collaboration between the two companies, leading to other applications.
Here’s Plug Power CEO Andy Marsh enthusing over the potentials:
“This agreement is a tremendous opportunity for Plug Power to further innovate and grow while helping to support the work Amazon does to pick, pack and ship customer orders. … Our hydrogen fuel cell technology, comprehensive service network, and commitment to providing cost-savings for customers has enabled Plug Power to become a trusted partner to many in the industry and we are excited to begin working with Amazon.”
To put this in perspective, consider that just a few years ago it was difficult to get investors interested in fuel cell technology. The hydrogen economy dream was hitting a harsh reality — namely that the technology was not quite ready for prime time. Growing competition from battery-powered EVs also helped to shove hydrogen fuel cells down the ladder.
TriplePundit’s RP Siegel interviewed Marsh about the fuel cell dilemma in 2012, and the CEO made these observations about Plug Power, forklifts and the future of fuel cell EVs:
“With limited capital, we had to be selective in our decisions about which markets to go after. … The one that really jumped out at us was replacing batteries in fork lift trucks with fuel cells. How big of a market could that be? Well, in the US there are over 1.5 million forklift trucks, and worldwide, the number is 6 million.
“We chose this market because it was a way to build a profitable business that would allow us to attract large customers in a relatively large market … as we continue to drive down our costs, we should be at parity with IC [internal combustion] engines in five to six years, at which point we’ll be ready to expand into other areas.”
With the new Amazon partnership, it looks like Plug Power is hitting that five- to six-year timeline for growing into other areas.
Fuel cell EVs hit the streets
Just a wild guess, but in a few years you could see Amazon introduce its own fuel cell EV for street use.
That may seem far-fetched, but consider that Google began dabbling in the related field of self-driving cars in 2015 and is now a burgeoning leader in the space. (That project has since been transferred to Google’s parent company, Alphabet.)
Apple is also inching into the self-driving car market.
Intel is another tech company putting feelers into the self-driving sector. Just last month it took a giant step with a $15.3 billion acquisition of the Israeli startup MobilEye.
Amazon will have to act fast if it wants to catch the train. Mainstream auto manufacturers are beginning to add fuel cell EVs to their rosters at a quickening pace.
Toyota was among the first to make a firm commitment to the field with its fuel cell Mirai. The company’s efforts include the all-important transition to sustainable hydrogen and support for growing the network of hydrogen fuel stations, along with a foray into the forklift sector.
Other companies introducing fuel cell EVs to the consumer market include GM and Honda.
So, who’s giving fuel cell EVs the stinkeye?
In response to the Amazon fuel cell forklift news, last week MIT Technology Review pumped out a brief article with this observation about the consumer market:
“Attempts to convince the public to embrace hydrogen-powered cars have flopped. While some automakers continue to push on with the vehicles, other are increasingly having second thoughts.”
Calling Debbie Downer!
On the brighter side, last December the journal IEEE Spectrum took an in-depth look at the potential for the fuel cell EV market to bust loose, penned by the director of the National Fuel Cell Research Center at the University of California, Irvine.
The article emphasized that both battery and fuel cell EVs will have a place in the zero-emission market of tomorrow, but fuel cells will give batteries a run for the money based on a number of advantages including range and refueling time.
The author, Scott Samuelson, also makes a good case that excess renewable energy can be used to manufacturing sustainable hydrogen for fuel cell vehicles.
That growing market could provide an important incentive for investors to accelerate the pace of renewable energy development.
There will be two million electric cars on the road by the end of 2016.
Written by: Alejandro Dávila Fragoso
View the original article on ThinkProgress
Despite low oil prices, plug-in electric vehicles (EV) are charging forward worldwide, with more than 2 million expected to be on the roads by the end of 2016, according to recent market figures.
Around 312,000 plug-in electric cars were sold during the first half of 2016, according to analysts at EV Volumes — a nearly 50 percent increase over the first half of 2015.
The rise in sales is attributed to a growing Chinese market, followed by sales in Europe and the United States, where Tesla Motors Co. is now dominating the luxury sedan market, according to recent reports.
And though EVs are a fraction of the global vehicle stock — less than 1 percent— the industry is growing about 10 times faster than the traditional vehicle market.
“What we have seen over the past few months is a complete culture change.”
This increase could be significant for public health and the environment in the United States and elsewhere. In the United States, transportation is now topping the electricity sector as the largest source of carbon dioxide emissions, a key factor in human-caused climate change.
Moreover, fossil-fuel vehicles are known to be major contributors of air pollution associated with asthma, allergies, cancer, heart conditions, and premature death, according to the United Nations. And while EVs can reduce air pollution in cities, they also mean less oil extraction, which comes with air pollution and environmental issues of its own.
Right now, EVs’ presence is too small to affect fuel consumption and greenhouse gas emissions from the transportation sector, according to a 2016 International Energy Agency (IEA) report. However, the IEA noted this could soon change, with countries like Norway, the Netherlands, and China boldly turning to EVs as they aim to slash emissions in the next few years.
Norway, a small but rich nation, is now leading the world in EVs. One in three new cars sold there is electric, and that proportion is increasing due to tax breaks and investment in charging infrastructure, The Guardian reported. The Netherlands is following closely, since, like Norway, it wants to phase-out fossil-fuel cars within the next decade. According to a Transport & Environment report released Thursday, EV sales in Europe doubled last year to 145,000.
In China, the rise of EVs is noteworthy, too. One in four electric cars sold worldwide is sold in China. “What we have seen over the past few months is a complete culture change,” said Greg Archer, clean vehicles director at Transport & Environment.
This growth is expected to continue around the world. Some studies suggest that by 2030, EVs could account for two-thirds of all cars in wealthy cities like London and Singapore. That is likely to happen thanks to stricter emissions rules, consumer demand, and falling technology costs.
Batteries, a major factor behind high EV costs, are getting 20 percent cheaper every year, according to EV Volumes.
The State of the Electric Car Market in 4 Charts and Graphs
JOSH GOLDMAN, LEAD POLICY ANALYST, CLEAN VEHICLES
View the original article here.
I’m guessing that over the past 3 months (or more), your news feed has been dominated by election-related stories. So you may have missed the recent good news about the electric vehicle (EV) market in the United States. To bring you up to speed (and provide a brief break from election hullaballoo) here are 4 graphs that explain what’s been happening in the world of EVs.
Graph 1 : EV sales are charging ahead (see what I did there?)
EV sales in the US just hit a new record. Over 45,000 EVs were sold in the third quarter of 2016, up more than 60 percent from the same time a year ago.
The sales increase can be partly attributed to the second generation Chevy Volt, which became widely available in March 2016 and includes 50 miles of electric range along with a backup gasoline engine. Plug-in hybrid electric vehicles (PHEVs) like the Volt allow many drivers to do all of their normal daily driving purely on electricity, without any fear of running out of juice because they can just fill up with gas if the batteries are drained.
Confused about the difference between PHEVs like the Volt and battery electric vehicles (BEVs) like the Nissan LEAF? Check out this explainer post.
Graph 2 : EVs are selling despite lower oil prices
EV sales reached this new high-water mark despite spotty availability of EV models across most of the country and continued lower-than-average oil prices, a factor often cited as hampering EV sales.
Low gas prices do take some of the spotlight off of EVs, despite their lower operating costs compared to gas-powered vehicles. But even with gas hovering around $2.30 a gallon, driving on electricity remains cheaper.
The US Department of Energy estimates that driving on electricity is like paying $1.15 per gallon of gas, and electricity prices have historically been much more stable and predictable than gasoline.
Graph 3: Sales would be even higher if they were more widely available
Generally speaking, EVs are not readily available outside of California. The current lack of availability is due, in part, to the fact that a major policy pushing automakers to offer EVs—theCalifornia Zero Emission Vehicle Program—does not require automakers to sell EVs outside of California (yet).
The requirements of the California program are set to expand to 9 additional states (ME, CT, VT, NY, MA, RI, MD, NJ, OR) in 2018, which together made up 28 percent of combined vehicle sales in 2015. So, the expanded role of policy pushing automakers to sell EVs in major vehicle markets outside of California will likely accelerate aggregate EV sales over the next couple years.
Graph 4 : More automakers are getting in the EV game
2017 should be an exciting year for EVs. Chevy is about to drop the Bolt, an all-electric car with over 200 miles of range and a price tag of around $30,000 after the federal tax credit. Toyota is releasing a new Plug-in Prius, now called Prius Prime, and recent pricing announcements put the cost similar to the price of existing Prius models.
Also in 2017, Tesla is aiming to ship their much-anticipated Model 3, and Hyundai will launch their Ioniq series that will include several electric drive train options. In 2018, Audi is slated to launch an all-electric 300-mile range SUV. Check this post for more detail on other EVs coming to showrooms soon.
Overall, more EV options mean more choices for drivers to choose a vehicle that is cheaper and cleaner than a comparable gasoline model (and fun to drive). Though the EV market still has to overcome some hurdles , the state of play right now provides real reason to be optimistic about where EVs are headed.
By Paul Jones, Director, Emerald Skyline Corporation
Five years after the first mass-market electric car hit the market, plug-in electric vehicles (EVs) have not met with the success expected, but they are pacing the rate of hybrid cars. Numerous challenges are being overcome in the evolution of the electric vehicle – not least of which is the automakers approach to the production and marketing of the cars, the range EVs travel on one charge and the availability of charging stations.
The new generation of electric vehicles began with the introduction of the first Tesla car in 2008 and began its embryonic growth in 2010 when mainstream electric cars like the Nissan LEAF and Chevy Volt went on sale. Throughout this time, plug-in car (PEV) buyers have repeatedly complained about poor consumer experiences. Last year, Consumer Reports published the results of a secret shopper study of 85 dealerships in four states, finding that staff at 35 of those dealerships (over 40%) attempted to steer buyers toward internal combustion engine (ICE) vehicles instead of the PEV in which they had expressed interest. Thirteen of those dealers tried to entirely discourage shoppers from buying an EV. Legacy profits from on-going maintenance of ICE vehicles, most of which are not required for an EV, is considered a major incentive for dealers to steer customers away from EVs. Increased demand from consumers will be the key driver in forcing manufacturers and dealers to change their perception of EVs from a necessary regulatory evil to a new product category.
Range anxiety is the fear that a vehicle has insufficient range to reach its destination and would thus strand the vehicle’s occupants. The term, primary used in reference to battery electric vehicles (BEVs), is considered to be one of the major barriers to large-scale adoption of EVs. The main strategies to alleviate range anxiety are the development of higher battery capacity (Tesla S now sports a model with a 265-mile range and other manufacturers are working to follow suit with over 200-mile range EVs), battery swapping technology, and the deployment of charging station infrastructure.
Despite the obstacles in creating a new market, the fleet of plug-in electric vehicles in the United States is the largest in the world with over 400,000 highway legal plug-in electric vehicles (EVs) sold in the country since 2008 when Tesla introduced its first car through 2015.
As of March of this year, there are 26 highway legal plug-in cars available in the American market from over a dozen manufacturers plus several models of electric motorcycles, utility vans and neighborhood electric vehicles (NEVs). The number of EV drivers has increased ten times in the past four years and EVs are expected to comprise over 8% of all car sales by 2020. New EV cars with increased range are being developed by many auto manufacturers – and some new entrants like Apple which has its first car, code name “Project Titan” planned for release in 2019.
However, consumers have been cautious about putting the car before the charging station. “Infrastructure for EVs is crucial to the adoption of use of electric cars. You’re not going to buy a car if you don’t know where and how to charge it,” says Erin Mellon, Director of Communications with ChargePoint, which operates the world’s largest EV charging network. The first place drivers need to be able to charge is at home. Being able to charge at work is second most important.”
Equally innovative but decidedly less exciting is what is happening with the growing infrastructure of EV charging stations, a stimulant for expansion of the market for plug-in electric vehicles. As of January 2016, the US had 12,200 charging stations across the country, led by California with nearly 3,000 stations. In terms of public charging points, there were 30,669 public outlets available across the country by the end of January 2016, again led by California with 9,086 charging points (29.6%).
The following excerpt from an article published last September by Jones Lang LaSalle (“JLL”), a premier international commercial real estate brokerage, property and investment management firm headquartered in Chicago, entitled “Charging into the future: The rise of electric cars,” reflects cutting edge planning and action – much like being an innovator at the turn of the 20th Century who invested in gasoline stations rather than livery stables:
Sean McNamara, General Manager for JLL Property Management, began looking at electric charging stations for an office building in San Francisco several years ago. “In the beginning of the discovery process, there was just not enough demand or infrastructure,” he says.
U.S. Secretary of Energy Steven Chu initiated the “Workplace Charging Challenge” in 2013 to increase the number of US employers offering EV charging stations – tenfold – by 2018.
“The proliferation of electric cars, has made these stations much more relevant over the past two years,” McNamara says.
Trophy and Class AA office buildings, such as the Georgia Pacific Center in Atlanta, were among the first to respond to Chu’s challenge. “Ownership and JLL are compelled largely because it’s the right thing to do for our environment. We are a LEED-certified building and our objective is to maintain the highest status possible,” explains Michael Strickland, a VP & Group Manager for JLL in Atlanta.
Strickland says that the Building’s 10 EV reserved parking spaces plus two public parking spaces equate to about one percent of the total parking spaces. “The Building has immediate access to public transport, which plays a role in how many building tenants drive and utilize the parking garage,” Strickland says. “It’s definitely a growing trend. But it’s not currently on par with having a sundry shop or a dry cleaner – yet….”
Today, McNamara is the General Manager of Southeast Financial Center, a Class A trophy office building in Miami. He oversees an 1,100-space parking structure with valet services and two EV charging stations. “In a Class A building, if the demand is there, the spaces will be added. Once the setup is done, sealing the delivery is even easier. Ultimately for landlords, it is not a matter of cost, it is a matter of appropriateness.”
Porsche Latin America, for example, a tenant in the Southeast Financial Center, installed two electric charging stations with special adapters, as a unique term of their lease. Then again, Porsche is not the average tenant. Earlier this month (September), the car manufacturer unveiled its first all-electric Mission E concept car at the Frankfurt Auto Show. It looks like a futuristic 911.
The Mission E, along with Audi’s e-Tron Quattro (scheduled to be launched in 2018), a hybrid SUV, would challenge Tesla’s Model S in the luxury category. Like Apple’s Project Titan, though, these models will take years to develop.
Until then, drivers can take their pick from available models such as the Nissan LEAF all-electric car, the Chevrolet Volt plug-in hybrid, the all-electric Tesla Model S and the Toyota Prius Plug-in hybrid, and a growing public infrastructure in which to park and charge them.
For buildings being designed and built, or undergoing a major renovation, to achieve LEED certification under the 2009 rating system, providing one of the following earns up to three points in the SS Credit 4.3, Alternative Transportation for Low-emitting & Fuel-efficient (LEFE) vehicles category:
Preferred parking (closed spot or price discount of ≥ 20%) for LEFE vehicles for 5% of site’s Parking Capacity (parking discount must be made available to all who drive LEFE vehicles and must be available for a minimum of two (2) years) OR
Alternative refueling stations for 3% of site’s parking capacity OR
LEFE vehicle and preferred parking for 3% of FTE OR
One (1) shared LEFE be provided for 3% of FTEs with a minimum of one per 267 FTE for at least two (2) years (minimum one LEFE required)
Further, projects may be awarded one point for EP for instituting a transportation management plan that demonstrates a quantifiable reduction in the auto use through implementation of multiple options.
Even at this stage in the development of the market for EVs, which represents the future of automobiles, an EV driver plugs into a ChargePoint station every five seconds, saving over 12.5 million gallons of gas and over 41 million kilograms of greenhouse gas emissions.
Today, Emerald Skyline is proud to announce that it has partnered with ChargePoint to provide for a greener tomorrow – for an emerald skyline!
“As a sustainability and resiliency consulting and LEED project management firm, this partnership allows us the latest technologies and largest and most open network available to provide our clients,” reports Abraham Wien, LEED AP O+M, Director of Architecture & Environmental Design for Emerald Skyline. “We are always looking for ways to provide superior products and services to meet our clients sustainability and resiliency needs.
With almost 28,000 charging stations, ChargePoint is the world’s largest network of electric vehicle (EV) charging stations in the US, Europe and Australia. ChargePoint stations set the industry standard for functionality and aesthetics and their innovative, cloud-based software gives station owners flexibility and control of charging operations. Stations on the ChargePoint network are independently owned businesses, which set their own pricing, access settings and much more.
Beyond the workplace, EV charging stations are a distinctive and value-add amenity for hotels, restaurants, shopping centers and entertainment facilities – and a growing necessity for communities serving an ever-increasing demographic demanding an alternative to fossil-fuel driven vehicles.
An electric car will have to be able to travel long distances for EVs to break into the mass market. Like few other parts of the plug-in ecosystem, this has been demonstrated by Tesla Motors, which has built out its network of sites not only in the US, but in all their major markets. An 80% recharge that provides 200 miles or more in less than an hour enables Tesla owners to travel coast-to-coast with recharging breaks every three hours. And, despite the reticence of many in the industry about the prospect of being stationary for a half hour to hour break every three hours, Tesla drivers seem entirely satisfied with the network, to the point that congestion is an occasional problem while range anxiety is not.
The availability of a charging station will attract that additional guest or customer who will pay extra for the charge (yes, EV-charging stations can be an additional source of revenue by monetizing an EV-enabled parking spot). It will attract new customers to your business and encourage loyalty from a growing customer base of EV drivers.
Emerald Skyline Corporation will be providing ChargePoint EV Charging Station services and installations for corporate, municipality, and private entities. Together, we’re transforming the energy industry by developing intelligent energy management solutions to help people and businesses shift away from fossil fuels.
ChargePoint stations set the industry standard for functionality and aesthetics and their innovative, cloud-based software gives station owners flexibility and control of charging operations. Stations on the ChargePoint network are independently owned-businesses which set their own pricing, access settings and much more.
To find out more information about the installation of a ChargePoint Electric Vehicle Charging Station at your home, office building, shopping center, hotel or transportation hub and join the EV revolution for a greener tomorrow, please contact us at 305.424.8704 or go to www.emeraldskyline.com