The drop in European car sales last year will go a little way towards fighting the climate emergency….
…and so will a new technological breakthrough – a fast-charging battery that could help the electric car industry replace petrol and diesel cars.
My colleague Damian Carrington explains:
Batteries capable of fully charging in five minutes have been produced in a factory for the first time, marking a significant step towards electric cars becoming as fast to charge as filling up petrol or diesel vehicles.
Electric vehicles are a vital part of action to tackle the climate crisis but running out of charge during a journey is a worry for drivers. The new lithium-ion batteries were developed by the Israeli company StoreDot and manufactured by Eve Energy in China on standard production lines.
StoreDot has already demonstrated its “extreme fast-charging” battery in phones, drones and scooters and the 1,000 batteries it has now produced are to showcase its technology to carmakers and other companies. Daimler, BP, Samsung and TDK have all invested StoreDot, which has raised $130m to date and was named a Bloomberg New Energy Finance Pioneer in 2020.
The batteries can be fully charged in five minutes but this would require much higher-powered chargers than used today. Using available charging infrastructure, StoreDot is aiming to deliver 100 miles of charge to a car battery in five minutes in 2025.
VW Group (which includes Volkswagen, Skoda, and Audi) sold the most cars across the EU last year, with sales down 21.6 % at 2.54 million.
PSA Group (including Peugeot, Citreon and Opel/Vauxhall) saw its sales slump 29% to 1.5m, followed by Renault Group (Renault, Dacia, Lada) with 1.1m cars sales (down 25%).
Across Europe as a whole, car sales slumped by over 24% last year — with almsot four million fewer new vehicles hitting the road.
Some 11,961,182 car registrations were recorded in total across the EU, the UK, and Iceland, Norway and Switzerland — down from 15.8m in 2019.
Europe’s car industry only managed one month of sales growth in 2020, Bloomberg point out:
Carmakers managed to better cope with government…
Go to the news source: European car sales see record fall in 2020 amid pandemic – business live | Busin…