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Recharge Wrap-up: Venturi seeks funding for speed record, Kia partners on V2G

Venturi Automobiles has started a crowdfunding campaign to help break an EV speed record. Venturi's goal, with the help of The Ohio State University, is to set a new FIA World Speed Record for Battery Powered Electric Vehicles of over 7000 pounds with its VBB-3. Venturi set the current record at 307 miles per hour, but wants to exceed that this September at the Bonneville Salt Flats. Funders can score merchandise like T-shirts, miniature models, and even their name on the side of the car. Learn more at Venturi Automobiles' Kickstarter page. Kia is providing six Soul EVs to UC Irvine's Advanced Power and Energy Program (APEP). APEP is using the electric vehicles for the development of vehicle-to-grid technology and smart charging systems. Kia says the collaboration is helpful in its goals of expanding EVs over the next five years. "Grid-connected electric vehicles offer tremendous potential in terms of energy storage and dispersion during high-demand periods," says Kia VP of Product Planning Orth Hedrick, "and Kia is excited to collaborate with APEP in the study and development of advanced smart grid technologies." Read more from Kia, or at Green Car Congress. Daimler is launching its Mercedes-Benz Energy brand for stationary energy storage. Taking on the likes of Tesla with its Powerwall, Daimler began shipping battery packs for residential energy storage in Germany in April, with an eye toward solar systems. Now, with its new brand, the company looks to expand to the global market. "By founding Mercedes-Benz Energy GmbH, we are underscoring our ambition to be a technological and market leader in the field of highly efficient storage systems," says Daimler's Harald Kroger. "With our unique combination of high standards of quality and safety and positive economies of scale, we are supporting the success of the new energy era while helping to make electromobility affordable." Read more in the press release below. Daimler Establishes Mercedes-Benz Energy GmbH for Stationary Energy Storage Daimler AG is continuing to expand its network of expertise in the field of lithium-ion battery applications. Within this innovative line of business, the newly established Mercedes-Benz Energy GmbH is assuming the development and global sale of Mercedes-Benz brand stationary energy storage with immediate effect. Thus, Daimler is focusing even more on the growing market for stationary batteries.

Biden says U.S. is willing to continue talks with South Korea on EV subsidy

SEOUL — President Joe Biden has expressed willingness to continue talks with South Korea over recent U.S. legislation that denies subsidies to most foreign makers of electric vehicles (EVs), an official from Yoon's office said on Wednesday. Biden gave the assurance in a letter to South Korean President Yoon Suk-yeol, who had asked the U.S. president last month for help to allay Seoul's concerns that the new U.S. rules would hurt South Korea's automakers. "We assess that President Biden reaffirmed his understanding of our concerns through a personally signed letter .... it shows Biden's willingness to be considerate towards South Korean companies in the future," the official said. The Inflation Reduction Act, signed by Biden in August, requires EVs assembled in North America to qualify for tax credits in the United States, but excluded Hyundai Motor Co and its affiliate Kia Corp from EV subsidies, as they do not yet make the vehicles there. As a result, only about 20 EVs qualify for subsidies under the new rules. Related video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Government/Legal Green Genesis Hyundai Kia EV tax credit

2021 Kia Sorento officially revealed with crisp new duds

Following an unofficial reveal in spy shots, the 2021 Kia Sorento crossover has just been shown officially by the automaker. The company released images of its chiseled exterior and rugged but upscale interior. On the outside, the Sorento picks up many of the cues established by the upcoming Optima/K5, including the broad and angular grille. The front and rear fascias have loads of creases and geometric openings, while the rest of the body is a bit more subtle. The profile is less upright than that of the Telluride, but the chrome window trim has a little dorsal fin on the lower section like the bigger crossover, as well as some of Kia's overseas wagons. The overall profile looks like the Sorento will still have room for an optional third row of seats like the current one. These official photos give us our best look yet at the Sorento's interior. It builds on the low and wide dashboard design of the Telluride, but gives a more aggressive, angled look, particularly with the center stack and climate controls. The stack and vents look as though they were folded forward, which angles the controls up and out toward the occupants. The vents are shaped like trapezoids, and the door handles have a beveled square design. You can also make out a diamond grid pattern in the aluminum-look trim on the dashboard, along with accent lights in the doors that mirror them. The Sorento is available with a 10.25-inch infotainment display and a 12.3-inch instrument screen. There are still a number of details left to learn about the Sorento, such as its powertrain, features and pricing. We should get more of that when it makes its official debut at the Geneva Motor Show on March 3. The current Sorento is available with either a four-cylinder or V6 engine, and front- or all-wheel drive. The options for drive wheels will likely continue, though it's unclear what engine options will be available, since it's possible a V6, like the Telluride's 3.8-liter, could be used, or perhaps a turbocharged four-cylinder from the Optima/K5 and Sonata.