India Utility Plans to Build EVs, Startup Bollinger Motors Launches Gritty Electric Truck, Wind Energy Boosters Push Europe to Meet Paris Goals Faster

Internal combustion engine automobile manufacturers and fossil fuel investors, eat your hearts out…

Indian electrical power generation utility JSW has decided to throw its weight behind building electrical vehicles for the larger Southeast Asian market. On the other side of the world, a small U.S. EV startup plans to sell 10,000 to 20,000 off-road all-electric SUVs each year. Meanwhile, still further east in Europe, an industry consulting group is recommending a rapid off-shore wind energy build-out to help address human-caused climate change.

An Indian Electrical Power Company Decides to take a Shot at EV Manufacturing

According to reports from The Economic Times of India, the utility JSW plans to pursue an electrical vehicle (EV) build-out as part of a larger drive by India’s government to have all new vehicles sold in the country be electrified by 2030. The company is outlaying 3,000 to 4,000 crore, or more than half a billion dollars, as an investment to jumpstart its EV manufacturing by 2020.

Though JSW’s previous economic interests have primarily focused on electrical power generation, steel, and mining, the group appears to be adopting a Tesla-like business model going forward by integrating energy storage, charging infrastructure, and electrical vehicles. Prashant Jain, JSW’s chief executive officer noted to ET that:

“India is at an inflexion point and the three businesses that we have identified offer growth. While battery storage and charging infrastructure would be a forward integration for us, electric vehicle is an adjacent business, but we believe it’s a huge opportunity as it will offer level playing field to new entrants.”

Upstart Bollinger Motors’ Serious Off-Road SUV

Across the Pacific in the U.S. a small company out of Hobart, New York, population 47,000, has produced a serious EV sport utility vehicle prototype. The Jeep-Hummer mashup looking thing has an impressive 362 horsepower and can be configured with 120 or 200 miles of all-electric range. A 6100 lb towing capacity and massive wheel base communicate an underlying attitude of grit that’s something entirely new in the electrical auto world and, well, for lack of a better set of descriptors, rough and rugged.

(With the advent of less expensive and more widely available battery packs and electrical drive trains, EV and energy storage companies are starting to pop up all over the place. The above video shows Bollinger Motor’s planned EV off-road truck — which it hopes to produce at a rate of 10,000 to 20,000 per year. JSW, a traditional India-based utility, just threw its own hat into the EV ring this week. With so few EVs available and so much demand for clean energy alternatives, the market at this time appears to be wide open. Video source: Bollinger Motors.)

At $60,000 per truck, it’s well within the traditional off-road market. And Bollinger ultimately plans to sell between 10,000 and 20,000 copies of this mean machine each year — if it can make the regulatory hurdles for U.S. auto manufacturing and find a partner that will help it produce all those thousands of units. A big if — but one that achieved could really help to jump-start the off-road EV market in the U.S.

Looking at traditional auto manufacturers, you kind of have to shrug and say — why didn’t they think of this? But one industry’s apathy is another entrepreneur’s opportunity. Or at least so thinks Bollinger.

Big Wind Energy Build Recommended for North Sea

Electrical vehicles are a key element of a synergistic suite of renewable energy technologies including wind, solar and energy storage that are increasingly capable of replacing fossil fuel burning infrastructure and removing harmful carbon emissions. Rapid growth in these industries enables swift reductions in the amount of heat-trapping gasses from human sources presently hitting the atmosphere.

Facts that were obviously on the minds of wind energy boosters in Europe during recent days as Michiel Muller of energy and climate consulting group Ecofys published a new report recommending a rapid increase in offshore wind development in order for Europe to meet Paris Climate Agreement goals. Muller noted that to prevent increasingly harmful warming, “Europe will need a fully decarbonized electricity supply by 2045. Renewables are essential to making this happen.”

(A graphic description of a large wind energy build-out recommended to help Europe meet its Paris Climate Agreement goals. Image source: Europe’s Growth Rate in Offshore Energy Must Triple to Get Paris Goals in Reach.)

Muller recommends adding significant new off-shore wind energy supplies from North Sea countries like France, Belgium, the Netherlands, Luxembourg, Germany, Denmark, Sweden, Norway, Ireland, and the United Kingdom.

During recent years, turbine size increases and industrial mass production efficiency gains have resulted in falling costs for both onshore and offshore wind generation. Offshore wind, which in the past has been somewhat more expensive than onshore wind or other traditional power sources, is becoming more cost-competitive. And it’s a power source that suffers less intermittency than its onshore brethren. However, lower solar and onshore wind prices present additional renewable energy and carbon emission reduction options for European states.

Links:

Europe Must Triple Off-Shore Wind to Bring Paris Goals Within Reach

Europe’s Growth Rate in Offshore Energy Must Triple to Get Paris Goals in Reach

JSW Energy Plans Electric Vehicles Manufacturing by 2020

JSW Energy

The Bollinger B1 is an All-Electric Truck with 360 Horsepower and up to 200 Miles of Range

Bollinger Motors

Hat tip to Suzanne

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