Electric car sales shoot despite the late release by manufacturers due to Covid -19

Europe saw a surge in electric and hybrid car sales towards the end of 2020. Car manufacturers had been preparing to change their manufacturing dynamics from ICE (internal combustion engine) cars to hybrid and electric cars, following the governments’ directive to cut the production of carbon-emitting vehicles.

However, the expansion of the EV and hybrid sales was abruptly cut short by the emergence of the global, deadly coronavirus. Car assembly was halted as governments ordered total lockdowns across the globe. This led to delayed production of new cars and distribution of ready ones.

When Covid-19 cases were controlled, governments opened up economies. Manufacturers were in a rush to release their car models, and consumers dashed to procure their favorite emission-free models. The result was a spike in hybrid and EV car sales towards the end of 2020. According to research conducted by Bernstein, 300,000 of 730,000 battery EVs ordered before Covid-19 struck were delivered in the last three months of 2020.

Some carmakers met their yearly target despite the late release. For instance, Daimler hit its target sales through a collective effort to drive its sales right as the year ended. Others like Volkswagen missed their target, but only with a small gap. Jaguar Land Rover faced a couple of problems in 2020. Firstly, when Covid-19 struck, the company’s supply of raw materials was cut short. Towards the end of the year, the carmaker announced it was halting production in Castle Bromwich. Jaguar managed to sell its Jaguar I-Pace EV, which accounted for 69 percent of the company’s car sales in Western Europe for December.

Government rebates for EVs contributed to the late success. For example, in Germany, the government has tripled the subsidies offered when consumers purchase EVs. An electric car buyer will pocket €9000 in a discount when they buy a new car.

According to figures released by Germany’s car market leader, AutoScout24, searches for EVs rose by 80 percent in the second half of 2020. Data also showed that for all the cars sold in 2020, 13.5 percent were electric.

“Incentivisation obviously has played a very important role in 2020 to really push electrification over a kind of tipping point,” said Pieter Nota, sales chief at BMW.

Government rebates alone cannot sustain the high sales. Countries have to expand their charging infrastructure to ensure car users have a reliable supply of power. “The next few months will show whether demand can continue at this high level. The decisive factor here will not be the cost subsidies alone, but also the expansion of the charging infrastructure,” said Jochen Kurz, a director at AutoScout24.

Governments scheduled bans on conventional cars has also driven the high EV sale. After the UK announced its plan to ban petrol car sales by 2030, the search for EVs on online car sales doubled, revealed Autotrader. In 2020, 16 percent of all car sales were either electric or hybrid.

Hyundai sold the highest number of EVs in Europe last year. The company sold 13 percent of the total EVs sold across Europe, courtesy of its well-known EV, Kona model.

 According to Matthias Schmidt of Schmidt Automotive Research, the crown for the most registered electric car model went to Renault’s Zoe model. The French carmaker’s model surpassed Tesla’s Model 3 and Volkswagen’s ID.3, accounting for 95 percent of the total EV sales in Western Europe. Tesla sales across Europe fell by 16 percent. Pandemic lockdown interrupted the distribution of cars from assembly factories to consumers across Europe.

BMW intends to double its electric car sales this year. “We aim to increase the sales of our electrified vehicles by more than half in 2021, and that underlines the importance of electromobility as a major growth driver in the company,” said Nota.

Hybrids use both the combustion engine and battery to power their propulsion. Critics have disregarded hybrid vehicles claiming they solely rely on the ICE and only a small distance is powered by electric power. “I would expect that hybrids will go down rapidly when fiscal stimulus is reduced. When the subsidies end for hybrids, no one buys them because it’s not the real thing,” said Markus Duesmann, Audi CEO.


Amid COVID-19 outbreak, NASA ordered its staff members to work from home

ORLANDO- In reaction to the global Coronavirus epidemic, according to a news report from the Administrator of NASA Jim Bridenstine, NASA is requesting all staff members and contractors to work remotely until further communication.

The news release declared that evening, the leadership of NASA decided to promote all facilities and centers to Stage 3 of its Response Framework. With immediate effect, all staff members and contractors will go for a compulsory remote working until further communication. Mission-essential personnel will still get access onsite and that every staff should contact their supervisor immediately if they have any questions.

Bridenstine stated on the report on Tuesday night after several NASA workforce tested positive for the Coronavirus.

He stated that even though a limited number of workers have tested positive for the virus, it is essential to take the pre-emptive step to curb further spreading of the COVID-19 among the employees and in communities.

Officials stated in a March 14 update that previously, NASA persuaded workers to operate remotely after at least two staff at the facilities of NASA in other parts of the nation tested positive for COVID-19.

The March 14 update said that, as everyone was aware, Ames Research Center in California elevated to Stage 3 of Response Framework of NASA, and this came as a result of an onsite confirmation of the COVID-19 case on March 8. They recently got evidence that one of their workers at NASA’s Marshall Space Flight Center located in Alabama tested positive for the COVID-19. As with Ames- in conferring with Jody Singer, Marshall Center Director, NASA’s Chief Health together with Medical Officer Dr. J.D Polk, Marshall got elevated to Stage 3 and is in compulsory remote working status, with access restriction until further communications.

The recent update from NASA administrators elevates all of its facilities and centers to Stage 3 of the organization’s response framework and makes remote working compulsory for all staff and contractors.

The release said that they should expect continued constant information from their center director. The agency guidelines and announcements are available until now on the NASA People website. The release added that the first health emergency of NASA is an unbelievable national solidarity display. Huge thanks to their flexibility and vigilance and ensure that you are taking good care of your health, not forgetting that of the family.


An Economic Crash Will reduce the growth of the Electric Vehicle Revolution

The covid19 pandemic dowries dangers but will not change the high trajectory. Most accounts of the electric vehicle revolution that upgrades in 2020, experience one of the most substantial risks since electric vehicles have begun to go mainstream in the past decade.  The eruption of the new coronavirus in December has paralyzed the main parts of the economy in China. At the beginning of March, coronavirus feast further athwart Europe and also in the United States. 

On March 9, the price of the oil crashed. With the souk upset, governments from the United States and Italy acquired drastic actions, from locking the whole nation to forbidding travel and announcing the states of emergency. Central banks in the world changed the interest rates and assured them to purchase bonds in an offer to maintain their economies churning. “Progresses over the last week have significantly increased the possibility that the worldwide economy is going to decline in response to the swell in COVID-19 cases universally, the related disruption, and the violent market sell-off,” Ben May said, administrator of comprehensive instruction research at Oxford Economics. Electrification will stay here, the wisdom of current holds, but these signs of progress are corrupt news for firms that were searching to landfill the scales in courtesy of electricity this year.

 Ram Chandrasekaran says that many people are not spending on cars at this moment because of the mobility and transportation at consultancy Wood Mackenzie. Who working on going out and create a massive jump to state that they will purchase a brand electric car when they have never kept an electric vehicle. The worldwide car souk will be smashed rigid by the contraction of the economy, rendering to predictors from BloombergNEF, causing undesirable concerns for battery production capacity and electric vehicle sales. The data of BNEF shows that general deals of the vehicle reduced 44 percent in China in February and January versus a similar time in 2019, and 18 percent in South Korea, China, and South Korea smashes the rigidity by the eruption of the disease. The sales of an electric car that was on-demand in the past few years are now complex to patterns in the broader vehicle market. In Europe, the project of sales arises 50 percent from the previous year, and sales in China will drop or be flat when the rescue from coronavirus drags on. Car producers have placed billions of money in electric vehicles, with rollouts that project this year.