Wednesday, November 2, 2022

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Plus: Satellite wars | Wednesday, November 02, 2022
 
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Axios What's Next
By Jennifer A. Kingson, Joann Muller and Alex Fitzpatrick · Nov 02, 2022

Solar-powered cars are one of those technologies that always seems just a few more years away. But as Joann reports today, a German startup may have figured out how to bring them to the masses.

Today's newsletter is 1,075 words ... 4 minutes.

 
 
1 big thing: The $25,000 solar-powered car
The Sono Sion has solar panels embedded in its polymer body panels.

The Sono Sion has solar panels embedded in its polymer body panels. Photo courtesy of Sono Motors

 

After decades of attempts to power cars with energy from the sun, the solar automotive age might finally be upon us, Joann Muller reports.

Why it matters: With climate change accelerating and high gas prices squeezing consumers' budgets, the notion of filling up with free, clean solar energy is certainly enticing.

The catch: The amount of solar energy that can be captured by solar panels on a car's roof is limited, which is why the tech has yet to take off.

What's new: Germany's Sono Motors may have cracked the code with a $25,000 electric SUV called the Sion.

  • Instead of a solar glass roof, the Sion has 456 solar cells integrated seamlessly into its plastic hood, fenders, sides, roof and rear panels.
  • Together, they provide enough energy to extend the car's 190-mile battery range by an average of 70 miles a week — or up to 150 miles per week in perfect conditions.
  • For people with short commutes in sunny locales, that could mean never plugging in again.

Driving the news: Joann checked out the Sion on a recent blustery, overcast day in Detroit during a stop on the car's first U.S. tour.

  • The conditions were a good reminder of the car's practical limitations. Sono says the sun can account for about 5,400 miles of range per year — about one-third most drivers' yearly average — but that all depends on the season, the weather and even how shady your parking spot is.

How it works: Sono spent five years trying to perfect its patented injection molding process, which integrates monocrystalline silicon cells into the Sion's scratch-resistant, dent-proof polymer panels.

  • Depending on the time of day and the angle of the sun, different parts of the car capture the sun's energy and feed it to the Sion's 54-kWh lithium-ion phosphate battery.
  • Solar aside, the Sion's battery can charge in about 30 minutes when plugged into a DC fast charger, or in a few hours at an ordinary Level 2 charger.
  • Even without solar power, the $25,000 Sion is an affordable EV (although it won't qualify for U.S. tax incentives because it's built in Europe).

Sono kept costs low by outsourcing production to Valmet Automotive, a well-known Finnish contract manufacturer — and it only comes in one style, with no optional features.

  • "You can have any color you want, as long as it's black," quipped chief operating officer Thomas Hausch, paraphrasing Henry Ford's famous comment about the Model T.
  • And the company will sell its cars directly to consumers instead of through dealerships.

Be smart: A small handful of other companies, including the California-based Aptera and Dutch startup Lightyear, are also trying to crack the solar-powered EV nut.

What to watch: More than 20,000 Europeans have put down a $2,000 refundable deposit, Sono says, and it has another 22,000 orders from fleet customers, including a subscription car service called FINN.

  • The company says it is "actively evaluating American partnership opportunities" to bring the car stateside.
  • Meanwhile, it's already generating revenue from selling solar retrofit kits for heavy trucks and buses.

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2. In the year 2000...
Illustration: Annelise Capossela/Axios

Illustration: Annelise Capossela/Axios

 

2022 is looking unhappily like 2000 for the tech industry, Axios' Scott Rosenberg and Sara Fischer report.

The big picture: In both this year and 2000, tech stocks tumbled after peaking in the stratosphere. Six months later, with a recession looming, big companies started cutting payrolls and startups began measuring burn-rate runways.

Driving the news: Weak earnings last week punished Big Tech stocks and brought the dot-com-era parallels home, as Axios' Matt Phillips reported.

Why it matters: Generations of companies and workers who joined tech over the past two decades have no memory of what a big downturn feels like — or how bad it can get.

Flashback: By the fall of 2000, CEOs and workers knew dot-com mania was over.

  • But they couldn't know they were on the precipice of a massive market collapse that would last several years, level much of the industry landscape, and clear the field for a new generation of platforms and winners.

What we're watching: Nobody today knows whether our current replay of 2000 will keep going into the full-on "bust" phase.

The bottom line: A prolonged tech downturn could foster long-term structural changes in the tech sector, hobbling some of today's leaders and opening breakthrough opportunities for newcomers.

Read the rest.

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3. Welcome to the satellite wars
Illustration of a satellite with dog tags hanging from it

Illustration: Natalie Peeples/Axios

 

Private satellites that aid militaries in wartime are becoming potential targets for enemy forces — stoking fears that earthly conflicts are extending further into space, Axios' Miriam Kramer reports.

Why it matters: Space is an essential part of war-fighting, with satellites providing situational awareness and communications.

  • Attacks on satellites could create "space junk" that endangers astronauts and other orbiting craft.

Driving the news: Senior Russian foreign ministry official Konstantin Vorontsov said last week that commercial satellites could be "legitimate" targets in wartime if used for military purposes.

  • His comments came as SpaceX is providing internet service in Ukraine with its Starlink satellites since Russia cut service there.
  • In response, White House press secretary Karine Jean-Pierre said any attack on a commercial U.S. satellite would provoke a response.

What to watch: The U.S. has already moved toward establishing a norm in space by saying it would no longer test debris-creating anti-satellite weapons in orbit.

Read the rest.

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A message from Robin Powered

Getting your employees back into the office
 
 

A successful hybrid workplace requires more than just meeting room and desk scheduling.

A new survey of 200 business leaders revealed what companies are getting wrong, how leaders can overcome hybrid work roadblocks and practical steps to improve office engagement.

Read the insights.

 
 
4. 📸 Drone show
Drones form a pattern during a light show to celebrate the 70th founding anniversary of Nanjing University of Aeronautics and Astronautics on October 30, 2022 in Nanjing, Jiangsu Province of China.

Photo: Yang Bo/China News Service via Getty Images

 

More than 2,000 drones are seen performing an aerial light show celebrating the 70th anniversary of China's Nanjing University of Aeronautics and Astronautics.

  • As Jennifer A. Kingson reported this past summer, drone shows are becoming popular replacements for fireworks displays.
  • They're safer — plus they can create far more intricate patterns, as demonstrated in the photo above.
  • With drone show systems, each craft is typically equipped with multiple LED lights, and various patterns and maneuvers are pre-programmed into the fleet ahead of showtime.
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5. One fun thing: Don't trash that pumpkin!
Two Jack-o-Lanterns sitting on a stoop.

Photo: Roy Rochlin/Getty Images

 

With Halloween behind us, it may be tempting to simply throw your pumpkins in the trash. But as Axios' Alissa Widman Neese reminds us, our decorative gourds can be compostable.

Why it matters: Every year, more than 1 billion pounds of pumpkin are left to rot in landfills rather than turned into compost, according to the U.S. Department of Energy.

Alissa writes that her hometown of Columbus, Ohio, is hosting its first-ever pumpkin and gourd compost drop-off this year.

  • Pumpkins can't be left as curbside yard waste there.
  • Check with your local city or town to see what the rules are where you live — and whether pumpkin composting is an option.

Read the rest.

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A message from Robin Powered

Get hybrid work right. Level up your workplace strategy
 
 

The conversation around hybrid work has moved past return to office logistics and onto long-term measures of success.

What you need to know: Leverage insights from interviews with 200 business leaders and get practical tips for creating workplace strategies that stick.

Download the free report.

 

Big thanks to What's Next copy editor Amy Stern.

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