ThursdayDec 31, 2020 1:44 pm

These Four Questions Can Boost Innovativeness in the EV Space

Much like the internet was in the early nineties, electric vehicles (EVs) are a new and highly disruptive technology today. Startups in the EV industry as well as larger, established automotive companies have been developing new technologies in the EV space, with firms such as Tesla Inc. (NASDAQ: TSLA) and Aptera making advancements that could completely change vehicular transportation. And speaking of Tesla, the pioneering EV firm has achieved plenty in just over a decade in the game. Tesla introduced the Roadster in 2008, proving that EVs are a viable concept, and the company has been refining its technology ever…

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ThursdayDec 31, 2020 1:25 pm

Net Element (NASDAQ: NETE), Mullen Merger Future Looks Bright with Projected Lower kWh Battery Prices

Experts predict average price per kilowatt-hour for batteries will hit $101 by 2021, resulting in lower EV prices Battery prices would make an EV “cheaper than a gas car to buy,” observes “Car and Driver” article Mullen making strong strides toward production of several EV models With the news from Bloomberg that the average price per kilowatt-hour for batteries is projected to hit $101 by 2021, it seems plausible that electric vehicles (“EVs”) may be comparable in price to gasoline-powered autos (https://ibn.fm/qofPF). That news paints a bright future for Net Element (NASDAQ: NETE), a global financial technology and value-added solutions…

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WednesdayDec 30, 2020 11:30 am

Timing of EV Battery Charging Could Lower Carbon Footprint Further

The future of transportation is electric. In a bid to reduce carbon emissions and improve air quality, several countries, cities and states have announced plans to gradually phase out internal combustion engine vehicles for emission-free electric vehicles (“EVs”). Transportation, specifically passenger sedans and SUVs, presently account for close to 20% of carbon emissions in the Unites States, and research has proven that switching to rechargeable EVs can reduce carbon emissions by a wide margin. According to a recent study published in “Environmental Science and Technology,” we can further reduce emissions by tackling one of the major issues still plaguing the…

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TuesdayDec 29, 2020 9:15 am

Solar Farms Could Give Aging EV Batteries a Second Life

Electric vehicles (“EVs”) represent the next frontier of vehicular travel. Powered by rechargeable lithium-ion battery packs, these vehicles produce zero emissions at the tailpipe, making them the ideal vehicle for a green economy. However, lithium-ion batteries lose their capacity over time, and by the time they hit 80% of their original range, they don’t have enough juice to avail the energy needed to propel an EV. As demand for and adoption of EVs increases, we will most likely see an influx of such used batteries. According to a new study, these batteries still have plenty of life left in them,…

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MondayDec 28, 2020 2:30 pm

Are Power Grids in Cities Ready for Widespread EV Uptake?

As part of a global push to reduce carbon emissions and improve air quality, several governments, cities and states have issued bans against the sale of internal combustion engine vehicles in favor of electric vehicles (“EVs”). Europe undoubtedly leads the race towards electrifying its roads thanks to its ambitious ICE vehicle bans, with at least seven European countries pledging to ban the sale of new ICE vehicles over the next 30 years. But as EV adoption increases over time, will power grids in cities be able to handle the increased demand for electricity? The European Union saw a 122% increase…

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MondayDec 28, 2020 1:13 pm

ev Transportation Services Inc. Announces Launch of 2021 FireFly ESV

New EV designed to meet needs of essential services transportation market Vehicle updated with maintainability in mind, retains the best of previous models but includes enhanced features and accessories Improvements were focused on quality, driver comfort and creating a wide variety of rear-bed accessory options designed to fit user needs ev Transportation Services, a specialty vehicle manufacturer that produces purpose-built, all-electric, lightweight commercial utility vehicles and fleet-management solutions, has announced the launch of its new 2021 FireFly ESV (https://ibn.fm/Zd24G). The FireFly ESV(r) was created to meet the requirements of the essential services transportation and urban mobility markets, which is estimated to…

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WednesdayDec 23, 2020 3:30 pm

Gov. Cuomo Unveils Largest EV Charging Station

Electric vehicles (“EVs”) represent a future most governments are looking to. The vehicles are powered by clean, renewable energy with zero emissions at the tailpipe, making EVs the perfect vehicle for a carbon-neutral economy. However, electric vehicles are still a long way from widespread adoption, and one of the reasons consumers shy away from the technology is due to insufficient and often unreliable public-charging facilities. That may soon be a thing of the past in New York. As part of an effort by the New York Power Authority, together with the Port Authority of New York and New Jersey to…

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TuesdayDec 22, 2020 3:45 pm

ev Transportation Services Inc. Announces New Model, Strengthens Position as EV Space Reaches ‘Tipping Point’

“Forbes” article reports that EVs are “growing part of the automotive mainstream.” Big automakers rushing to bring EVs to market. evTS updated FireFly ESV incorporates best features from previous models, adds customizable upgrades. More than a hundred years ago, the first electric vehicle (“EV”) was introduced, but the market has been slow to adopt the technology. Today, however, a “Forbes” article reports that if the “almost universal rush by manufacturers to bring fleets of wholly practical EVs to market is a meaningful indicator, we’re fast approaching the EV tipping point” (https://ibn.fm/FrecC). That’s exciting news for ev Transportation Services (“evTS”), the…

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TuesdayDec 22, 2020 2:30 pm

Are EV Makers Assuming Too Much Regarding Battery Prices?

Electric vehicles (“EVs”) are poised to replace internal-combustion-engine vehicles over the next couple of decades. EVs run on clean, renewable energy and produce minimal emissions at the tailpipe, but there’s one caveat: they are too expensive for most consumers. Unlike internal-combustion-engine vehicles, EVs are powered by rechargeable lithium-ion batteries that require minerals such as cobalt, nickel, lithium, and manganese to function. These minerals need to be mined, processed and converted into pure chemical compounds before use in batteries — a process that can cost a pretty penny. The consensus has been that, over time, battery prices would fall, making it…

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TuesdayDec 22, 2020 11:48 am

Net Element (NASDAQ: NETE) Gets Its Timing Spot-on as Electric Vehicle Industry Logs Record Month

By September 2020, growth rate of electric vehicle market increased to over 11% YoY September 2020 marked record month for the EV industry, as 345,000 electric vehicles were sold globally – accounting for 4.9% of total automotive sales Increase in EV sales due to combination of policy shifts, technological innovations Net Element, through intended merger with privately held Mullen Technologies, expects to begin marketing Dragonfly K50 sports car in United States by Q2 2021 The winds of change are blowing as global warming and climate change-induced catastrophes are waking the world to the imminent need to shift towards green energy…

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