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Recharge Wrap-up: Big Oil fails at renewable fuel, scientists study air with EVs, plug-in Panamera sales

Big Oil companies help keep renewable fuels out of your tank, a new report shows. No surprise there, right? The Renewable Fuels Association published a report card grading the country's largest retail gasoline chains on fuel offerings like E85 and E15. The report gave failing grades, with less than one percent of stations offering E15 or E85, to "Big Five" companies Exxon, BP, ConocoPhillips, Chevron and Shell, among other oil company and convenience/grocery store brands. The only major oil companies that didn't get an "F" were Valero (D), Cenex (B), and Marathon (A-). The eight companies that scored an A+ had at least 25 percent of their stations offering E85 or E15. Read more at Domestic Fuel.Leicester scientists are studying local air pollution using EVs. Beginning July 4, University of Leicester researchers began driving electric vehicles kitted out with special sensors to monitor air quality throughout the city (similar to how California does it). Now their emissions-free daily driving duties double as data collection for their studies. "By monitoring air quality as a seamless part of our daily transport system, we are providing a cost-effective way to help inform future policy and operational systems," says the University's Dr. Roland Leigh. Read more at Fleet News. "There is no doubt electric cars are the future." – Nissan's Andy Palmer Nissan is exploring the idea of taking its Leaf EV to India, but a lack of charging options is an obstacle. According to Nissan's chief planning officer Andy Palmer, "There is no doubt electric cars are the future. The product is there, what we need is infrastructure. Charging is a big challenge." Though Nissan stopped short of saying it (this time), this could possibly mean working with Mahindra, which said it is open to collaborating with other companies concerning EVs. Learn more in this article from the Hindustan Times and know that India is rolling out a plan to encourage the production and adoption of EVs. The National Electric Mobility Mission Plan will get over $2 billion in funding, and some of that will go toward creating a charging infrastructure (you hear that, Nissan?). This is good news for EV manufacturers, India's economy and people who enjoy breathing clean air. Read more at The Financial Express.Porsche has reported a significant sales increase, part of which is due to demand for the Panamera S E-Hybrid.

Nissan posts $6.2 billion annual loss and unveils plan to cut costs

TOKYO — Nissan outlined a new plan on Thursday to become a smaller, more cost-efficient carmaker after the coronavirus pandemic exacerbated a slide in profitability that culminated in its first annual loss in 11 years. Under a new four-year plan, the Japanese manufacturer will slash its production capacity and model range by about a fifth to help cut 300 billion yen from fixed costs. It will shut plants in Spain and Indonesia, leave the South Korean market and pull its Datsun brand from Russia as part of a strategy unveiled on Wednesday to share production globally with its partners Renault and Mitsubishi. "I will make every effort to return Nissan to a growth path," Nissan Chief Executive Makoto Uchida said, adding that the company had learned from its past mistakes of chasing global market share at all costs. "We must admit failures and take corrective actions," he said, adding that starting with top-level managers, the company had to break its inward-looking culture which in the past has stymied efforts to deepen cooperation with France's Renault. Uchida said improving the company's cash flow was its biggest challenge. He reiterated that Nissan's cash liquidity was good even though it had negative free cash flow of 641 billion yen in the year ended in March. Nissan declined to give any forecasts for its current financial year which started in April due to the uncertainty created by the coronavirus pandemic. It also declined to give details on how many jobs it was cutting. In what is Nissan's second recovery plan in less than a year, Uchida pledged a return to profitability with a core operating profit margin above 5% and a sustainable global market share of 6%. Nissan posted an annual operating loss of 40.5 billion yen for the year to March 31, its worst performance since 2008/09. Its operating profit margin was -0.4%. The automaker said on Thursday that it sold 4.9 million vehicles last year, up from an earlier estimate of 4.8 million. That was still the second decline in a row and a fall of 11% from the previous period but meant Nissan clung on to its position as Japan's second biggest carmaker, just ahead of Honda and a long way behind Toyota. Pandemic pressure Even before the spread of the novel coronavirus, Nissan's slumping profits had forced it to row back on an aggressive expansion plan pursued by ousted leader Carlos Ghosn. The pandemic has only piled on the urgency to downsize.

Nissan introduces new seven-seat e-NV200 electric minivan

Intrigued by the prospect of an electric van like the Nissan e-NV200, but need to transport more people? The Japanese automaker may have just the solution. Nissan has announced the expansion of its battery-powered people-hauler with the new seven-seater e-NV200. Billed as the "world's first all-electric seven-seat MPV," the new model is being rolled out (in certain markets anyway) in response to popular demand, and packs an extra set of full-size seats in the back. The seven-seater joins the e-NV200 range alongside the existing panel van and five-seat versions. At the same time, Nissan has also announced the addition of a new premium Evalia trim for both five- and seven-seat versions. Previewed in concept form a few months ago, the e-NV200 Evalia is ideally suited for transporting VIPs in quiet luxury. NISSAN LAUNCHES SEVEN-SEAT E-NV200 - Seven-seat e-NV200 goes on sale in July - Model is world's first all-electric seven-seat MPV - Introduction of full-trim Evalia to e-NV200 line-up - Model launched in response to high demand Nissan will broaden the appeal of its award-winning all-electric e-NV200 this summer with the UK launch of a versatile and practical seven seat version. The new model – the world's first pure electric seven seater – is being introduced in response to huge interest from fleet operators and larger families keen to capitalise on the market-leading e-NV200's low running and maintenance costs and zero emissions performance. Prices start at GBP19,895 (incorporating the Government Plug-In Car Grant) for those choosing the convenience of the Nissan Flex battery leasing option*, and from GBP23,400 (inc PiCG) for those purchasing outright. At the same time, the e-NV200 line-up will be further strengthened with the addition of a new 'Evalia' version available in five and seven-seat form – offering a 'full trim' option for the ultimate combination of technology, style, sophistication and comfort. The developments mean the e-NV200 will be available as a panel van, five or seven-seat Combi, or five or seven-seat Evalia – giving customers the freedom to specify a vehicle that best suits their lifestyle or business requirements. Launched in response to demand The launch of the seven-seat version fills a gap in the market for an electric vehicle (EV) capable of accommodating larger groups of people. Private hire companies and shuttle services in particular have been keen to see its introduction since the e-NV200 was launched last year.