Industry Round-Up: Tesla, Europe, Toyota, and Electrogenic

Tesla's Battery Longevity

• Recurrent studied 12,500 US Tesla vehicles over five years.
• Found no significant range degradation difference between frequently fast-charged EVs and those rarely fast-charged.
• Suggests Tesla's battery management system effectively protects during routine fast charging.
• 🚨 Note: Fast charging in extreme conditions might increase battery risk.
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📈 European Car Sales Growth

• July 2023: European car sales up by 15.2%, twelve consecutive months of growth.
• EV Sales: Up 60.6%, accounting for 13.6% of total sales.
• Despite the surge in EVs, petrol and diesel cars still lead the market but are declining.
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Toyota's System Glitch 🛠️

• Malfunction: During a system update, all Toyota Motor plants in Japan stopped. 🛑
• Potential loss: $356 million in revenue.
• July 2023 Sales: Up by 8% globally.
• Projected Production for the year: A record 10.2M vehicles.
• Official word: The malfunction was not due to a cyber attack.
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Electrogenic's Classic Conversion 🚗⚡

• Electrogenic unveils the conversion of a 1929 Rolls-Royce Phantom II into an EV.
• Features a 93 kWh battery pack with up to 150 miles of range.
• Preserves the vehicle's vintage aesthetics while providing modern EV tech.
• Electrogenic Director Steve Drummond: "The most complex classic car EV conversion yet."