The global automotive interior trims market size is expected to be valued at US$ 13.64 Billion in 2022 and exhibit growth at a CAGR of 3.6% in the forecast period (2022-2032).
According to a report by Fact.MR, sales in the global automotive interior trims market are projected to reach US$ 19.4 Billion in 2032. Trend of carpooling and rising demand for self-driving vehicles are likely to push the need for comfortable cabin designs, which would augment growth.
As per a study published by the University of California, carpooling can help private and public sector employees to reduce capital costs of nearly US$ 15,000 to US$ 45,000 per parking space in the U.S. They can also lower operational costs of about US$ 360 to US$ 2,000 per parking space annually.
Vehicle type, the battery electric vehicles segment is anticipated to remain at the forefront through 2032. Surging demand for environmentally friendly mobility solutions to reduce pollution is expected to boost sales of battery electric vehicles globally.
Further, supportive government schemes and initiatives to promote the adoption of sustainable vehicles by eliminating conventional polluting vehicles from roads is set to fuel growth. High demand for quieter cabins and luxury in battery electric vehicles to elevate driving experience is also expected to aid growth.
Besides, surging adoption of powered seats in battery electric vehicles and high demand for aftermarket seating solutions are set to augment growth. In April 2022, for instance, Maruti announced that it is planning to launch the Maruti Suzuki XL6 MPV with numerous additional features, including ventilated seats for the driver and front passenger in India.
Both seats will have seat-cooling functionality, which is a highly sought-after feature for Indian cars owing to the country’s climatic condition. Similar innovative product launches by key players in various parts of the globe to cater to specific needs are likely to push growth.
Which Material Type is Most Widely Used for Automotive Interior Trims?
“Increasing Demand for Luxurious & Comfortable Seats Driving Sales of Leather Automotive Interior Trims”
Seats, door trims, pillar trimmings, headliners, and other segments make up the automotive interior trims market.
Since seats are an integral part of every passenger or commercial vehicle, the seating category is predicted to account for the largest share of the automotive interior market over the coming years.
The need for comfort and luxury as well as the increase in vehicle production is driving market growth. The seat has a big impact on the driving and passenger experience, and leather is most widely used for this purpose.
Modern technology enables intelligent sitting adjustment, adaptive comfort, and several other features. Faurecia recently created a cutting-edge seat cover-specific cover carving tech.
Key Takeaways from Automotive Interior Trims Market Study
Europe automotive interior trims market is expected to generate nearly 21.6% of share in 2022.
· North America is projected to account for 17.5% of the global automotive interior trims market share in 2022.
· Based on material, the leather segment is set to hold the lion’s share on the back of rising demand for luxurious driver and passenger seating experience.
· Top 3 countries in the global automotive interior trims market are anticipated to generate a share of 42.6% in the forthcoming years (2022-2032).
· In terms of end user, the OEM segment is expected to witness fastest growth over the upcoming decade.
Competitive Landscape
The global automotive interior trims market is highly competitive with the presence of a large number of companies. They are investing huge sums in research and development activities to come up with cutting-edge products that would meet government norms.
Meanwhile, a few other companies are aiming to enhance the quality of their existing product portfolios to attract a large consumer base. For instance,
· In June 2022, Hyundai announced that it has updated the interior trim of Creta and it will now receive a piano-black finish around the center console and infotainment system. The old models only had a dull plastic finish. The newly launched model’s steering wheel will also get piano-black inserts.
· In January 2022, Adriano Di Marti, a maker of sustainable and environmentally friendly organic leather based in Mexico, introduced Mercedes Vision EQXX at the CES 2022 show. The new seats are upholstered with an automotive material called Dessertex that is made from cactus.
Mahindra & Mahindra, India’s leading SUV manufacturer, today unveiled its new state-of-the-art INGLO EV platform and five e-SUVs under two EV brands showcasing its vision for the future of electric mobility. Mahindra’s vision is to lead the electric mobility revolution in India by bringing authentic electric SUVs with cutting-edge technology, through the three key strategic pillars of Brand, Design and Technology.
Bringing alive the sport in electric SUVs, Mahindra unveiled two new brands, created specifically to house the company’s EV portfolio – Iconic brand XUV with the Twin Peak logo in Copper and the all-new electric-only brand called BE.
The iconic brand XUV will host a range of products that builds upon the Mahindra legacy while embracing the future. With a sophisticated futuristic design, pulsating performance and dynamic innovation, it is targeted at customers who have the passion to live life beyond boundaries while making a difference.
The bold, evocative and exhilarating BE brand, with its audacious new design language will target customers who want to define their life’s journey their own way while making a difference: A brand that will let customers be who they want to be. The manifestation of these two brands have been showcased via five e-SUVs: the XUV.e8, XUV.e9, BE.05, BE.07 and BE.09. The first four of these are to be launched between 2024 and 2026.
Design: Common to these SUVs is the Mahindra new Heartcore design philosophy – a blend of unmissable presence, inner strength and attitude. Breaking new ground, these all-new e-SUVs will create an electrifying presence, both on the road and off it, while retaining the Mahindra core SUV heritage.
INGLO Technology: Indian at heart and global in its reach, the INGLO platform encapsulates progressive battery technology, platform architecture, brain power and human machine interface. The name also symbolizes the flow and exchange of energy and emotion, a GLO of well-being, a system that brings complete harmony. The cutting-edge INGLO platform will underpin all the Mahindra EVs going forward. The purpose-built platform will pack intuitive, intelligent and immersive innovations that will serve as the backbone of the Mahindra EV architecture and is the heart of its ultimate human-machine interface. INGLO offers class-leading safety standards, exhilarating performance, excellent range and efficiency, exemplary driving dynamics, versatility and intelligent HMI. INGLO also delivers a multi-sensorial driving experience with a futuristic, augmented reality-enabled heads-up display, edge-to-edge screen, 5G network capability and Over-The-Air updates that will keep the EVs as good as new.
Dr Anish Shah, Managing Director & CEO, Mahindra Group, said, “We are proud and delighted to showcase our Born Electric vision. It provides a strategic direction that is in line with our core philosophy of ‘Rise’ – to be an organisation that will be counted among the best in the world and at the same time rise for our planet to fight against climate change. Mahindra will offer customers future-ready technology, head-turning design, world-class products and the benefits of global partnerships. By 2027, we expect that a quarter of the SUVs we sell will be electric.”
Rajesh Jejurikar, Executive Director – Auto and Farm Sectors, Mahindra & Mahindra, said, “Our vision of Born Electric is underpinned by the future-ready INGLO platform, two new exciting brands and the Heartcore design philosophy. The five electric SUVs provide a powerful glimpse of our strategic direction and hews to the Mahindra attitude of a racing spirit and the attitude of adventure. We aim to not only electrify the roads but also the hearts and minds of SUV aficionados in India and around the world.”
INGLO PLATFORM CAPABILITIES
1. Endless Adaptability INGLO offers endless adaptability, an optimised architecture that gives rise to modular and scalable design, and allows Mahindra to create electric SUVs that fit consumer desires and lifestyles. Other than the versatility of INGLO, it also offers significant reduction in underbody weight, leading to one of the lightest skateboards.
2. Hyper Efficiency A giant leap in battery science with safe and robust LFP chemistry, Mahindra electric vehicles will follow a common battery pack design with lean modules and standardised cell- to-pack technology using two different cutting-edge cell architectures – Blade and Prismatic. Offered with options ranging from 60-80 kWhr battery capacity, protected for an incredible 175 kW fast-charge and charging up to 80% in less than 30 minutes. The intelligent and efficient Battery Management System with high precision, enhanced robustness and functional safety will deliver improved range, longevity and safety. Its high number of charge-discharge cycles coupled with a long lifespan will also help reduce waste.
3. Exhilarating Performance A compact all-in-one electric engine with motor-inverter-transmission integrated into a single unit forms the powertrain, offered with both rear-wheel and all-wheel drive, developing a remarkable 170-210 kW and a whopping 250-290 kW respectively. Standstill to 100 kmph is promised in between 5 and 6 seconds.
4. Optimised Range The exceptional performance is matched with an efficient powertrain and high-voltage systems. The powertrain is optimised to offer class-leading range, with the added advantage of an intelligent electronic brake system that offers best-in-class recuperation potential. Enhanced aerodynamics, reduced rolling resistance with 5.5 RRC tires and sophisticated zero-drag wheel bearings, high-efficiency cooling & HVAC system with minimal power consumption and best-in-class low voltage power consumption contribute to the overall efficiency.
5. Ultimate Vehicle Dynamics A best-in-class semi-active suspension system provides not only excellent ride comfort but also enhanced handling and an immersive sporty drive experience. The dual-pinion high- power steering system ensures feather-light steering efforts, excellent returnability and precise control. The brake-by-wire technology is completely decoupled from the hydraulic system; this allows multiple brake modes for pedal feel and recuperation. Those behind the wheel will enjoy the Intelligent Drive Modes that govern various aspects including modulation of powertrain response, suspension response, brake feel, electronic stability control intervention and many more features at the touch of a button. The aim is to make the SUV and the driver to be one.
6. Class-leading Safety Being a leader in vehicle safety, the new Mahindra electric SUVs are designed to meet the highest vehicle safety norms and utmost safety for batteries such as GNCAP and not just limited to regulatory compliance. All the e-SUVs will come with a structural cage around the passenger cabin specially designed for reduced passenger injury. The frontal design of the Body-In-White is enhanced with three load paths and a multi-piece dash panel with reinforcement and very importantly-excellent battery protection is ensured by ultra-high strength boron steel. The new e-SUVs are tested at the world’s largest battery development and testing centre. With 5 Radars-1 Vision ADAS architecture, INGLO is futureproofed up to L2+ autonomy.
7. Versatile Spaces Slim cockpits and a flat floor create generous and flexible interiors, giving control of seat configurability and space versatility such as frunk and trunk storage. With Vehicle To Load (V2L) functionality, the car can be turned into a portable power bank, allowing you to charge your phone or laptop, or take any household appliance on the road with you.
8. HMI: Next-level Brain-power INGLO boasts a complex neural network of built-in intelligence that performs millions of reactions and decisions per second. Leapfrogging to a centralised computation structure with three high performance computers, provides for an integrated computational platform to deploy right down to micro. INGLO leverages the cloud seamlessly by implementing an embedded 5G network capability and keeps vehicles as good as new through Over The Air updates (SOTA + FOTA). Latest systems of chips from global semiconductor vendors contribute to move to up-to-date tech nodes of semiconductor wafer processes: 200K DMIPS computing power via Dual Octa-core processor and offering 1920 x 720 pixels HD resolution. Aided by strong software partners to deliver world-class product features.
The EQE SUV is the multi-purpose variant of the EQE executive saloon, available just like this latter model with the key innovations of the EQS yet at the same time more dynamic than the EQS SUV. In terms of headroom and legroom, as well as elbow room, the five-seater EQE SUV is one of the most spacious representatives of its class. The EQE SUV celebrates its world premiere on 16 October 2022.
Mercedes-EQ. EQE SUV. Interior.
The EQE SUV is based on the large electric platform from Mercedes‑EQ. On top of this it boasts an interior that has been consistently digitalised. The optionally available MBUX Hyperscreen implements this to impressive effect. The entire instrument panel is one ultimate widescreen. The high-resolution screens merge seemingly seamlessly under a single glass cover.
The dominant outer vents have a turbine design. They deliberately play on the theme of hyperanalogue through the contrast between high-tech precision mechanics and digital, glass display world. The front section of the centre console joins the instrument panel and is free-standing in space. The vent band from the cockpit is visually continued in the front doors. A floating control cluster with integrated door opener and seat controls takes over the functional interpretation of formerly purely decorative elements.
Avantgarde as well as traditional materials and colours give the interior a special atmosphere. Five co-ordinated colour combinations underscore the generous sense of spaciousness. The EQE SUV is immersed in a progressive and luxurious world of colour comprising warm and cool tones (e.g. the warm, modern balao brown combines with technoid-looking neva grey and biscay blue/black).
A hybrid trim element brings together the warmth of wood with the technical coolness of real aluminium. The trim in an anthracite 3D relief-look finish, on the other hand, features fine metal pigments. The laser-cut trim element backlit with the Mercedes‑Benz pattern also creates a special ambience.
Flexible and intuitive: iKamper Skycamp 3.0 by Campwerk is easy to install and ready to use in 60 seconds
Spacious and independent: With space for up to four people, the roof tent turns the Aiways U5 SUV into a microcamper
Aerodynamic and efficient: The flat design makes the Skycamp the ideal companion even on long journeys
Aiways U5 SUV
Electrifying adventures and boundless freedom are offered by the combination of the Aiways U5 SUV and the iKamper Skycamp 3.0 from Campwerk. The all-electric microcamper combination not only enables near-natural independence, which is becoming increasingly popular under the term “vanlife”, but also sustainable camping.
Freedom, relaxation and adventure: Camping has many charms. And we’re not talking about the boring RV or the all-season caravan parked on a permanent pitch. Today, if you follow the hashtag #Vanlife on platforms like Instagram or Pinterest, you’ll find millions of stories, tours and do-it-yourself instructions on how to build your own microcamper. In addition to independence, it’s the increased awareness of sustainability that is fueling the popularity of camping even further. The all-electric Aiways U5 SUV (electricity consumption combined 17.0-16.6; CO2 emissions combined 0g/km; range combined (WLTP) 400-410km) in combination with Campwerk’s iKamper Skycamp 3.0 is therefore the ideal combination for nature-oriented and emission-free time-outs from everyday life.
Growth market: Registrations of campers more than tripled
The number of new registrations of motorhomes and campervans more than doubled in Europe from 2013 to 2020. In some countries, the figures have even almost quadrupled, and there is no end in sight to the trend. This is because opinion polls clearly show that “overnight stays in different places,” “vacations without planning” and the “opportunity to explore other countries in a short time” are more popular than ever before. “The camping industry is an absolute growth market and the past two years have shown that staying at home on your own four wheels is the perfect vacation option for many. With the combination of our Aiways U5 SUV and the iKamper Skypcamp roof tent, we want to show what sustainable microcamping can look like,” explains Aiways CEO Dr. Alexander Klose.
iKamper Skycamp 3.0 from Campwerk: The greatest possible mobility with the lowest possible time and cost expenditure
Aiways U5 SUV
“A motorhome or caravan costs an enormous amount of money. Camping on a campground is usually inconvenient and without any comfort. And hotels and club facilities just don’t give you the freedom to stay where you want,” says Michael Krämer, managing director of Campwerk, explaining the intention behind the brand, which has been an integral part of the camping world since 2010. With the latest generation of roof tents, their iKamper Skycamp 3.0, they have not only provided even more space – the large version has room for up to four people – but have also incorporated many other improvements in detail and comfort without affecting the good aerodynamics thanks to the extremely low-profile fiberglass hard-shell cover.
Streamlined long-distance runner: Aerodynamic roof tent turns Aiways U5 SUV into an efficient microcamper
With its static roof load of 400kg, the Aiways U5 SUV is the perfect partner for the iKamper Skycamp. Due to the innovative attachment to the roof’s crossbars, the roof tent is not subject to any speed limitation and scores with good efficiency thanks to its streamlined shape. The internal tests and simulations during proving were followed by real-life endurance tests that allowed the all-electric camping combination to be on the road for 1000 kilometers a day. With an additional consumption of about 20% depending on the selected travel speed on these long-distance tests, it remains possible to cover long distances between charging stops. Thanks to its fast-charging capability from 30 percent to 80 percent in just 27 minutes, the Aiways U5 SUV keeps travel time pleasantly short, even with the roof tent mounted.
Room for spontaneity: Generous space and trailer coupling ensure unlimited flexibility
With a load volume of up to 1,555l with the rear seat folded down and the completely flat floor, the Aiways U5 SUV offers ideal conditions for use as a microcamper. Whether as a storage space for outdoor equipment, or even as an additional sleeping space: the possibilities are almost limitless and offer room for every spontaneity. “Our Aiways U5 SUV comes with everything it takes for a spontaneous camping trip: practical variability in the interior and a generous amount of space for additional storage. Thanks to our retrofit trailer hitch, which is now available in many European countries, we’re increasing flexibility even further, and not just in everyday camping,” says Dr. Alexander Klose, enthusiastic about the wide range of uses for the Aiways U5 SUV. Thanks to a towing capacity of up to 1,500kg with the retrofittable trailer hitch, the Aiways U5 SUV can also hook up larger trailers for even more freedom on vacation. And if you want to explore your destination on two wheels, the high 100kg drawbar load allows you to transport up to three e-bikes.
Independence close to nature: Aiways U5 SUV enables sustainable camping
The all-electric Aiways U5 SUV combines its well-known talents of spaciousness, range and fast-charging capability with the iKamper Skycamp 3.0 to create a sustainable microcamper that opens up a whole new dimension of nature-based, zero-emission camping and enables electrifying adventures.
The Sion, the World’s First Solar Electric Vehicle (SEV) For the Masses
Munich-Based Solar Mobility OEM Sono Motors Mark Two World Premieres at Its First “Celebrate the Sun” Community Event
The Sion, the World’s First Solar Electric Vehicle (SEV) For the Masses, Debuted in Its Production Design
All New ‘Solar Bus Kit’ Underscores the Move From Prototype Projects to a Scalable Solution Contributing to Climate Protection and the Reduction of Inner-City Greenhouse Gas Emissions
Company Remains on Track Whilst Further Accelerating on Both Strategic Business Pillars
As of 1 July 2022, the Company Reached over 19,000 Direct Customer Reservations With Down-Payment and 19 B2B Customer Projects for Solar Integration
Sono Motors (subsidiary to “Sono Group N.V.”, NASDAQ: SEV), the company that is pioneering solar-powered mobility, today held its first “Celebrate the Sun” Community event with more than 1,500 guests. During the event, the Munich-based OEM celebrated the debut of the world’s first affordable solar electric vehicle (SEV), the Sion, in its production design, and the unveiling of its novel ‘Solar Bus Kit’, a scalable B2B retrofit solution that reduces fuel consumption and inner-city greenhouse gas emissions, thereby contributing to climate protection.
“We are tremendously excited for Sono Motors’ journey towards providing clean, affordable, and accessible solar transportation for the masses. The premieres of the Sion in its production design and the ‘Solar Bus Kit’ represent a giant leap forward in realizing our vision for a sustainable world, furthering our mission to reduce carbon emissions,” said Laurin Hahn, co-founder and CEO of Sono Motors. “Production of our series-validation fleet and presenting the Sion in its production design is a further step towards delivering on our promise of an affordable solar-electric passenger vehicle. In addition, business diversification through the establishment of our B2B solar business as a strategic pillar helps us to achieve our key targets. We are scaling up our Sono Solar business with our new ‘Solar Bus Kit’ and have successfully increased our B2B customer base.”
The Sion: Key Milestones Towards Series Production Achieved
The Sion, the World’s First Solar Electric Vehicle (SEV) For the Masses
Starting as an idea between friends in a Munich garage, Sono Motors has grown to become a pioneer in solar-powered transportation via its development of the Sion, an affordable and reliable SEV for the masses. The Sion’s unique market position, coupled with Sono Motors’ proprietary Sono Solar Technology positions the Company perfectly to seize upon a growing shift toward a more sustainable future and enables individual contribution to climate-friendly mobility through the Company’s blend of disruptive technology and affordability.
In its final production design, the Sion received major enhancements compared to earlier concepts: the exterior and interior now feature fewer lines and clearer surfaces. The Sion’s revamped exterior design includes new headlights and rear lights, a new bottom sideline design, new door handles, a streamlined rear with new camera and 3D lines, and a new charging lid. Inside, the Sion features a more spacious, cleaner interior with more storage, newly designed front seats and rear bench, and a new steering wheel. The Sion will also offer new color and trim for interior surfaces.
The outer shell of the family-friendly Sion will consist of 456 seamlessly integrated solar half-cells and will enable self-sufficiency on short journeys. The energy generated by the solar cells is expected to extend the estimated 305 km range of the Sion’s 54 kWh LFP battery by an average of 112 km (up to 245 km) per week. Commuters in German metropolitan areas will have to charge their Sion up to four times less than conventional electric cars of the same vehicle class with a similar battery size. The battery will allow for a maximum charging capacity of up to 75 kW (DC) and 11 kW (AC). Bidirectional charging technology complements the car’s solar integration and is designed to turn the Sion into a sustainable power plant on wheels that is expected to be able to power electronic devices, the home or other electric cars with an output of up to 11 kW.
Sono Motors is currently building its fleet of series-validation vehicles in Munich close to the company’s HQ, ushering in the Sion’s testing program, which has already commenced. In the next months, this vehicle generation will undergo uncompromising practical tests under extreme conditions in both Europe and the U.S. This includes series validation, homologation, crash tests, testing in different climates, optimizing solar technology and safeguarding, as well as refining driving dynamics on test tracks and on public roads.
As of 1 July 2022, Sono Motors has over 19,000 active private reservations for the Sion, with an average down-payment of €2,225 and equivalent net sales volume of about €415 million, assuming that all reservations result in sales. At an estimated net sales price point of just 25,126 euro, the Sion is expected to have one of the lowest TCOs (total cost of ownership) in the medium-size segment since the proprietary solar technology considerably reduces the necessity to charge the vehicle.
The Company has an asset-light approach, with start of production planned for the second half of 2023 via contract manufacturing in Finland, foregoing the need for building its own production facilities. Sono Motors’ partner Valmet Automotive has extensive expertise in manufacturing for high-tech OEMs. After a ramp-up period the partners aim to produce approximately 257,000 Sion vehicles within seven years.
Solar Bus Kit: B2B retrofit solution to enable sustainable mobility for commercial transport
The Solar Bus
The Solar Bus Kit is a versatile and straightforward solution, optimized for the most common 12-meter public transport bus types on the European market, including Mercedes-Benz Citaro and MAN Lion City. Sono Motors will offer a complete and efficient retrofit solution for bus fleet operators who have a compelling need to reduce diesel consumption and CO2 emissions to meet their sustainability goals.
The Solar Bus Kit allows subsystems like the HVAC to be partially powered by renewable energy thereby saving fuel, CO2, and costs. The Kit can save up to 1,500 liters of diesel and up to 4 tonnes of CO2 per bus per year from the ~1.4 kW peak installation with a total size of about 8 square-meters of solar panels. Bus fleet operators stand to see a potential payback time of approximately 3-4 years, depending on days in operation and fuel prices. Sono Motors will announce more details during IAA Transportation in September.
“Our solar technology is already contributing to climate protection and reducing CO2 emissions for numerous partners. In Munich, for example, we are collaborating with the city’s public transport company and are thereby supporting the city’s clean air targets. Such partnership projects demonstrate the potential of our technology for the transport sector,” said Jona Christians, co-founder and CEO of Sono Motors. “We’re proud to celebrate the unveiling of our novel solar product, the ‘Solar Bus Kit’, which will truly push our mission of making every vehicle a solar vehicle to the next level. The all-new Solar Bus Kit allows us to strengthen our solar business by maximizing the scalability of our technology to a huge market: the public and private bus fleet sector. It also represents a milestone on our path toward a world without fossil fuels.”
Sono Motors is well on track with its plan to diversify its business and has currently delivered customized solar solutions to several B2B customers. As of today, the Munich-based solar-mobility specialist is partnering with 19 companies worldwide – including MAN Truck & Bus and CHEREAU – to implement its Sono Solar Technology on a variety of vehicle architectures such as buses, trailers, trucks, and electric transporters. Depending on the use case, size and type of the solar integration, Sono Motors’ lightweight and adaptable solution allows customers in the transportation industry to cut costs and emissions throughout their fleets.
FORWARD-LOOKING STATEMENTS This press release includes forward-looking statements. The words “expect”, “anticipate”, “intends”, “plan”, “estimate”, “aim”, “forecast”, “project”, “target”, “will” and similar expressions (or their negative) identify certain of these forward-looking statements. These forward-looking statements are statements regarding the Company’s intentions, beliefs, or current expectations. Forward-looking statements involve inherent known and unknown risks, uncertainties, and contingencies because they relate to events and depend on circumstances that may or may not occur in the future and may cause the actual results, performance, or achievements of the Company to be materially different from those expressed or implied by such forward looking statements. These risks, uncertainties and assumptions include, but are not limited to (i) the impact of the global COVID-19 pandemic on the global economy, our industry and markets as well as our business, (ii) risks related to our limited operating history, the rollout of our business and the timing of expected business milestones including our ability to complete the engineering of our vehicles and start of production on time and budget and risks related to future results of operation, (iii) risks related to our unproven ability to develop and produce vehicles and with expected or advertised specifications including range, and risks relating to required funding, (iv) risks related to our ability to monetize our solar technology, (v) risks relating to the uncertainty of the projected financial information with respect to our business including the conversion of reservations into binding orders, (vi) effects of competition and the pace and depth of electric vehicle adoption generally and our vehicles in particular on our future business and (vii) changes in regulatory requirements, governmental incentives and fuel and energy prices. For additional information concerning some of the risks, uncertainties and assumptions that could affect our forward-looking statements, please refer to the Company’s filings with the U.S. Securities and Exchange Commission (“SEC”), which are accessible on the SEC’s website at www.sec.gov and on our website at ir.sonomotors.com. Many of these risks and uncertainties relate to factors that are beyond the Company’s ability to control or estimate precisely, such as the actions of regulators and other factors. Readers should therefore not place undue reliance on these statements, particularly not in connection with any contract or investment decision. Except as required by law, the company assumes no obligation to update any such forward-looking statements.
Blazer EV is the complete package with style, performance and technology. Available in multiple trims, colors and battery ranges, this daring new all-electric midsize SUV is built from the ground up around the game-changing Ultium battery platform. Ultium offers flexibility in charging speeds, range and performance — giving the sporty Blazer EV the sheer power and confidence needed to go the distance.
HOME CHARGING
Skip the gas station and conveniently charge up your Blazer EV from home. With the Dual Level Charge Cord, you’ll have flexible at-home charging that easily fits your daily routine and driving needs.
LEVEL 1 – 120-Volt Charging
LEVEL 2 – 240-Volt Charging
BLAZER EV TRIMS
1LT
Reimagined balance between bold design, SUV capability and functionality, electrified.
GM-estimated range of up to 247 miles on a full charge* with FWD
PLANO, TX (July 19, 2022) –Today, Plano-based Universal EV Chargers, a division of Universal Green Group, announced that it has successfully installed the first of thousands of advanced Level Two Electric Vehicle (EV) Chargers in the United States in Plano, Texas. These Level Two EV Chargers will fill market needs that have been largely unmet by existing providers, including fast installations, unit up time and simple, universal, fast charging even on level two chargers.
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Level Two chargers are often found at hotels, businesses and retail locations where EV drivers can charge their batteries while they linger in the facilities where the chargers are located. These Level Two Chargers may take several hours to complete a full charge compared to the more expensive DC Fast Chargers that can charge an EV in 30 to 40 minutes.
Universal Green Group set out to be a major contributor to the green energy sector in 2009. Following the company’s rapid growth in sustainable solar energy products, it leveraged its green expertise to launch the Universal EV Chargers division in 2019 to meet the growing EV adoption rate and the national need for a superior EV charging network.
Green energy visionary and company founder and CEO Hemal Doshi envisions a U.S.-based EV charging network where EV drivers can find a compatible, working charger where and when it is needed, and he’d like those charges to be provided by Universal EV Chargers.
“As an EV driver myself, I experienced first-hand the frustrating challenges associated with charging my own EV. Once we explored the underlying industry challenges, we realized that our team was already fully capable of addressing each and every one of them. We set to work to make our vision a reality,” said Doshi, “and the market response has been overwhelming.”
One issue that has plagued the EV charging industry has been the length of time and expertise it takes for a host property to model the business opportunity, design the physical layout and install the charging units. Universal EV Chargers seeks to make these issues irrelevant by offering a variety of options from complete turnkey installations that essentially require no financial involvement for qualifying host properties to outright purchase options for those who prefer to offer charging as an amenity or revenue enhancement.
A related issue has been actual installation time. Once the site plan is in place and approved by the local permitting authority, Universal EV Chargers’ units can be installed in about four to six hours, which is a significant time reduction and potential interruption in business operations.
Another issue that the EV charging industry has faced is charger maintenance. Many EV drivers report public chargers that are located at businesses, hospitality and retail locations that are out of service. Universal EV Chargers has addressed this issue by creating a network of electrical contractors throughout the U.S. that will be alerted by integrated software when a charging unit is out of service. Contractors will be required to maintain the units assigned to them within 48 hours of notification or face contractual forfeiture.
Universal EV Chargers designs, manufactures and manages its e-mobility products, technology and network, creating the most dependable EV charging solutions available. Universal EV Chargers’ national network of customer service representatives, technicians and electrical contractors provide a turnkey solution for the life of the unit. The company’s most popular option is its all-inclusive offering where Universal EV Chargers maintains and manages the installed devices ensuring maximum up-time and reliability.
For more information on Universal EV Chargers, please visit universalevcharging.com or call (866)350-2738.
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ABOUT UNIVERSAL GREEN GROUP:
Universal EV Chargers
Founded in 2009, Universal Green Group is a national leader in sustainable green services, products, technology and projects. Focused on supplying a better future for generations to come, Universal Green Group continuously strives for the utilization and adoption of green technology while making their products the most reliable and financially viable for their customers. Universal Green Group’s portfolio of brands includes Universal EV Chargers, Universal Solar System and Universal Green Developers. For more information on Universal Green Group, please visit www.UniversalGreenGroup.com or call (866)350-2738.
We know that making the switch to electric vehicles (EVs) is better for the environment – butwhat does this mean in practical terms?
Citroën has investigated what the impact of electric cars will be on the world’s animal andplant population. Could your switch to an EV save an endangered species?
How Do Emissions Affect Animal & Plant Species?
Plants and animals have very specific climate requirements that allow them to live and thrive. While many animals and plants will try to adapt, the effects of climate change will cause theirnatural habitats to disappear or become hostile, making it impossible for them to survive.
Climate change happens as a direct result of CO2 emissions being released into the atmosphere. These emissions cause what is known as the greenhouse effect, which increases the planet’s temperature. This then results in changes such as melting ice caps, warmer seas and acid rain – all of which make animal and plant habitats inhospitable.
Fuelled cars emit large amounts of CO2 every day, and although an individual’s contribution tothat may seem negligible, switching to an EV can contribute in a small way to making animaland plant life more sustainable. If electric transport goes mainstream, however, there could be a huge impact on the wellbeing of endangered species.
Over 60,000 animal & plant species could be saved if 50% of driversswitch to electric
Fuel-based vehicles are responsible for producing billions of CO2 emissions every year. While it might feel as though switching to an electric vehicle would have a minimal impact on the environment, the data shows that even 1% of global vehicles switching to electric would createa significant drop in CO2 emissions – over 50 million metric tons of the stuff.
Such a small transition could also save up to 1,300 endangered animal and plant species. But if 50% of road vehicles around the world switched to electric, that number would jump to over 60,000 species saved from extinction. The CO2 savings would also be very near three billion metric tons.
If all UK vehicles switched to electric, 3,900 animal and plantspecies could be saved
The impact of EVs on the environment is easier to gauge on a global scale, but the data is often more relatable when it’s closer to home.
For example, if every one of the UK’s 39 million road vehicles – accounting for only 3% of theglobal total – switched to electric, CO2 emissions would drop by 171 million metric tons. Almost 4,000 endangered species, such as the Black-legged Kittiwake, could also be saved.In larger countries like the USA, which accounts for one fifth of the world’s road vehicles, a total transition to EVs could save 24,700 endangered species 2.9 billion tons of CO2, while China ups that to over 27,000 species and nearly six billion tons of CO2. The American Manatee and Yangtze Giant Softshell Turtle are just two of the species that could benefit from EVs.
Over 300,000 of the world’s most endangered animals could besaved if 50% of global road vehicles went electric
Thousands of animal species are endangered thanks to pollution and climate change. Byanalysing the IUCN’s Red List, we can see that just half the world’s vehicles switching to electric can save over 300,000 of these endangered species.
As many as 50,000 Malleefowls, large ground-dwelling birds found in Australia, could be protected, along with over 3,000 Speartooth Sharks – in addition to emissions, these riversharks are threatened by mining pollution and commercial fishing. The impact would be felt even among the smallest animal populations, too. For example, the Javan Rhino has a current population of only 18 – nine of these could be saved with a 50% switch to EVs on a global scale.
Nearly 90,000 of the world’s most endangered trees could be savedby EVs
The Red List also covers plants threatened by climate change and emissions. The Mount Panié Kauri, for example, has a seemingly strong population of 100,000, but each of these isendangered. If half of the world’s road vehicles were to go electric, 50,000 could be saved.
The Macadamia Nut tree, so called because of the fruit it produces, would see half of its 600-strong wild population protected. Although many more commercial examples exist, these are grown from the cloning of natural trees. In 2019, it was estimated that nearly three quarters of macadamia nuts worldwide could be traced back to a single treein Australia.
On an even smaller scale, the Rarotongan Coprosma has a current population of 30 – 15 of these trees could be saved with a 50% switch to electric.
We thank Citroen for doing this detailed research.
Fairfax, Virginia, USA, June 24, 2022 — More than 40 of the world’s leading electric aircraft developers and technology experts will be speaking at the 16th Annual Electric Aircraft Symposium (EAS), hosted by the Vertical Flight Society (VFS). The event will once again be held in person and online in Oshkosh, Wisconsin, on July 23-24, 2022 — the weekend prior to the Experimental Aircraft Association (EAA) AirVenture 2022.
The Vertical Flight Society is again hosting the annual Electric Aircraft Symposium (EAS). This year’s 16th Annual EAS returns to an in-person format at Oshkosh, Wisconsin on July 23-24, 2022, the weekend before EAA AirVenture. EAS 2022 will be a hybrid event at the University of Wisconsin Oshkosh (at the Culver Family Welcome Center) and online.
EAS 2022 presenters will discuss the latest in electric aircraft, propulsion systems, energy sources, certification, regional and urban use cases, and the current market opportunities — for electric vertical / short / conventional takeoff and landing (eVTOL / eSTOL / eCTOL) aircraft. Each moderated panel session will include a Q&A discussion with presenters and attendees — a hallmark of the Electric Aircraft Symposium.
16th Annual Electric Aircraft Symposium — Preliminary Schedule
July 23-24, 2022 | Oshkosh, WI, USA All times are in CDT (UTC-5)