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Recharge Wrap-up: electric taxis in Montreal, Sebastien Buemi leads Formula E testing

Kandi Reports Quarterly Earnings; DriveNow To Franchise

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Sebastien Buemi leads the pack in the second session of Formula E pre-season testing. Buemi, driving for Renault e.dams, set a new lap record at Donington Park with a time of 1:31.050s. Buemi says that, with a little bit of work, he feels like he could shave off another second or more. "We could do quite a bit on the car and the car is a bit easier to drive, the stability is better, the brakes are better," he says. "I see some good potential, we just need to extract it from the car." Sam Bird was the second fastest during the testing session, followed by Daniel Abt. Read more in the press release below.

A Montreal taxi company plans to create a fleet of 2,000 electric taxis by 2019. Taxi Hochelaga currently has the city's second largest fleet with 500 taxis currently in service. Owner Alexandre Taillefer believes this large fleet of green taxis will help the company compete with ride services like Uber and Lyft. "We want to be an alternative to the second car and even to the first," says Taillefer. "We will reduce traffic on the roads and pollution." The company's first electric cabs could be in service as early as November. Read more at Green Car Reports, or, if you speak French, at Le Journal de Montreal.

DriveNow is open to franchising. The carsharing company, owned by BMW and rental company Sixt, will allow third parties to operate the DriveNow program in certain cities, according to a report. DriveNow is set to launch a fleet of 400 electric cars in Copenhagen, Denmark with the help of Arriva Plc. Read more from Automotive News Europe.

Kandi Technologies Group Inc. on Monday reported second-quarter net income of $5.4 million. On a per-share basis, the Jinhua, China-based company said it had profit of 12 cents. Earnings, adjusted for non-recurring gains, were 10 cents per share. The electric and all-terrain vehicle maker posted revenue of $48 million in the period. For the current quarter ending in October, Kandi Tech said it expects revenue in the range of $49 million to $51 million. Kandi Tech shares have dropped 45 percent since the beginning of the year. The stock has fallen 59 percent in the last 12 months.

The AP contributed to this report.

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BUEMI STAYS ON TOP IN SECOND TEST

Renault e.dams driver heads field for consecutive days at Donington Park

DONINGTON PARK, UK (August 11 2015): Sebastien Buemi broke the Formula E lap record at Donington Park as he once again set the fastest time in pre-season testing.

The RENAULT e.dams star set a best lap of 1:31.050s to beat the previous best time at Donington of 1:31.083s, which he recorded at the penultimate pre-season one test.

With a good crowd again taking advantage of free entry to see the Formula E cars in action, Buemi was not the only driver to use the full qualifying mode of 200kw to set his time.

"It was a bit of a scrappy lap, but it's difficult to do a perfect lap around here," he said. "I think we could go a second quicker, maybe even into the 1m29s. "I'm quite happy but we are really only at the start of the new package. Now we need to work on the details of the package. We could do quite a bit on the car and the car is a bit easier to drive, the stability is better, the brakes are better. I see some good potential, we just need to extract it from the car."

Sam Bird was second fastest for DS Virgin Racing, lapping just over four tenths slower than Buemi with a 1:31.469s.

"Obviously we did plenty of work before this test so now at Donington it's just a case of fine tuning and refining to make sure everything works 100 per cent for the first race in Beijing," he said. "The car is quite a significant change with few gear changes needed but the guys at DS and Virgin have done a fantastic job and hopefully we can head into the season with a strong package."

Third fastest was Daniel Abt, who had both Abt Schaeffler cars at his disposal after taking over from birthday boy Lucas di Grassi. The German's best lap was 1:31.537s.

Abt said: "For the two days we decided to split the running with Lucas [di Grassi] testing on Monday and myself today. It helped us gain more consecutive running and work on set-up changes more easily. These past two days we've focused on fixing software issues and mechanical issues and we took a massive step forward from the first day to the second. The car felt good and fast and it feels like we have a good package."

It was a good day for Mahindra Racing with Nick Heidfeld in fourth and Bruno Senna in sixth, completing over 50 laps throughout the course of the day.

GP2 race winner Tom Dillmann had his first proper test for Team Aguri and he racked up the laps, trying both qualifying simulations and a race run. He recorded the 10th fastest time. Andretti also managed to get out on track, but a series of teething troubles prevented Simona de Silvestro from setting a representative time.

Technical issues also hampered NEXTEV TCR and Trulli, which meant that Nelson Piquet Jr, Oliver Turvey and Jarno Trulli were unable to complete any running.

Testing resumes at Donington on Monday August 17. To apply for tickets, visit www.fiaformulae.com

FIA Formula E Championship – Donington Park – Pre-season testing (Day 2) – Results:

1. Sebastien Buemi, Renault e.dams, 1:31.050s

2. Sam Bird, DS Virgin Racing, +0.419s

3. Daniel Abt, ABT Schaeffler Audi Sport, +0.487s

4. Nick Heidfeld, Mahindra Racing, +0.491s

5. Nicolas Prost, Renault e.dams, +0.542s

6. Bruno Senna, Mahindra Racing, +0.819s

7. Loic Duval, DRAGON RACING, +0.865s

8. Stephane Sarrazin, Venturi, +0.951s

9. Jean-Eric Vergne, DS Virgin Racing, +0.983s

10. Tom Dillmann, Team Aguri, +1.319s

11. Jerome D'Ambrosio, DRAGON RACING, +3.905s

12. Jacques Villeneuve, Venturi, +5.865s

13. Nelson Piquet Jr, NEXTEV TCR, no time set

14. Jarno Trulli, Trulli, no time set

15. Simona de Silvestro, Andretti, no time set

16. Oliver Turvey, NEXTEV TCR, no time set

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