August 2021 - Green Car Stocks

TuesdayAug 31, 2021 10:54 am

82 New EV Charging Stations to be Installed in Louisiana

For most of the young electric vehicle (“EV”) industry's life, insufficient charging infrastructure has been a major hurdle to EV adoption. Increasingly restrictive emission standards are forcing automakers to electrify their vehicle lines, but drivers are unwilling to switch to EVs because of the limited number of public charging stations. Consequently, the current administrations are looking to invest millions of dollars into developing a reliable public EV charging network. Louisiana will soon be the recipient of some of these funds, allowing it to install charging stations in more than a dozen universities, government agencies and electric utilities across the state.…

MondayAug 30, 2021 11:36 am

EV Boom Triggers Bonanza for Machinery-Making Industry

With several territories around the world poised to phase out conventional gas-powered cars in exchange for zero-emission electric vehicles (“EVs”), the automobile sector and ancillary industries are looking at a few decades of significant change from the status quo. Electric cars are fundamentally different from internal-combustion-engine (“ICE”) vehicles, from the lithium-ion battery packs that power them to the electric drivetrain, which has nearly a dozen parts, and the proprietary software that keeps the hardware running smoothly and efficiently. As carmakers build more electric vehicles in an effort to meet emission standards and electrify their lineups, the machine industry will be…

MondayAug 30, 2021 9:00 am

DSG Global Inc. (DSGT), IMC Expand EV Line, Strengthen Position in Growing Market

Company is beginning to deliver vehicles on a grander scale IMC anticipates deliveries to individuals, fleets, dealers and government agencies during the second half of the year With each step forward, Imperium is seeing its dealer-candidate network of future dealers expand DSG Global (OTCQB: DSGT) and its automotive division, Imperium Motor Corp. (“IMC”), are taking significant steps forward as they strengthen their position in the growing market for smart new-energy vehicles. Imperium is working with two partners, Skywell Auto and Jonway Automotive Group, to offer 26 EV models for sale at both DSGT California facilities: the Fairfield Experience Center and…

FridayAug 27, 2021 12:58 pm

East Bronx Launches Electric Scooter Sharing Program

America’s green-energy goals recently became clearer after President Joseph Biden announced a new national target for electric vehicles (“EVs”) that would require one-half of U.S. vehicle sales to be electric by 2030. It is part of the Biden administration’s efforts to cut down the country’s reliance on fossil fuels and reduce greenhouse-gas emissions by replacing conventional internal combustion engines (“ICE”) with zero-emission electric vehicles. With the effects of climate change becoming increasingly clear across the country, eliminating carbon emissions is becoming a matter of life and death. The draw is that while nearly 40% of Americans say they would seriously…

ThursdayAug 26, 2021 12:11 pm

Abu Dhabi Starts Levying Uniform Fees for EV Charging

Territories across the world are increasingly turning toward electric vehicles (“EVs”) in a bid to reduce their reliance on fossil fuels and cut their carbon emissions. This involves the cooperation of both governments and the private sector, with lawmakers passing policies that support the growth of the nascent EV sector and the public sector developing cheaper and more efficient EV technology. One of the main factors hindering mass electric vehicle adoption has been range anxiety coupled with insufficient charging infrastructure, and territories have been constantly working to overcome these issues and increase adoption. Abu Dhabi's Department of Energy (“DOE”) recently…

WednesdayAug 25, 2021 12:38 pm

Company to Showcase Thermal Management System That Can Increase EV Range

Electric vehicles (“EVs”) are all about efficiency. Unlike conventional vehicles, which rely on internal combustion engines, electric cars are powered by rechargeable lithium-ion batteries. The goal is to reduce energy wastage and make the vehicle function as efficiently as possible to increase its range. For instance, EVs tend to have aerodynamic designs to reduce drag, and due to the immense weight of their batteries, they are designed to be as lightweight as possible. But while petrol- and diesel-powered cars use grill-covered openings to allow for airflow, electric vehicles don’t use grills because they do not derive their power from combustion.…

TuesdayAug 24, 2021 12:46 pm

Five Top Benefits of EV Fleet Management Solutions

Managing a fleet is no easy task. Depending on the size, fleet managers may find themselves stretched thin, especially if they are not equipped with adequate tools. Although the world is still firmly in the coronavirus’ clutches, fleets will become crucial in a post pandemic world that’s heavily reliant on deliveries. Fleet-management solutions or telematics will be an important tool in every fleet manager’s toolbox if they wish to keep their electric vehicle (“EV”) fleets running effectively while adhering to increasingly strict government standards and regulations. By leveraging fleet-management solutions, fleet managers will be able to: Improve fleet safety. The…

MondayAug 23, 2021 12:16 pm

MIT Solar EV Team Wins Solar Challenge

Electric technology has come quite a long way since the Tesla Roadster, built using a heavily modified Lotus Elise chassis, first hit the roads more than a decade ago. Electric vehicles (“EVs”) now use dedicated EV platforms, are larger, have bigger batteries and, in many cases, support fast charging. Efforts to increase range by making EVs more efficient, especially regarding to how they use energy, has led car makers to solar energy. Theoretically, solar panels could be used to supplement and even provide power to the onboard battery, giving drivers more range. The American Solar Challenge is a biennial event…

FridayAug 20, 2021 11:15 am

Tesla Inc. (NASDAQ: TSLA) EV Sales in China Plummet as Local Brands See Spike

More than a decade after Tesla Inc.’s (NASDAQ: TSLA) first electric offering, the Tesla Roadster, first hit the roads, the California-based company has become the largest electric vehicle (“EV”) maker as well as the most valuable car company in the world. Despite the relatively high prices of its vehicles, Tesla continues to attract plenty of customers who are more than willing to pay a high premium by combining top-notch modern designs, high performance and innovative technology. Having carved a significant share of the American market for itself, Tesla set out to conquer the largest electric vehicle market in the world…

ThursdayAug 19, 2021 9:30 am

How the US Push for Vehicle Electrification May Favor Some Automakers While Squeezing Others

President Joe Biden will probably go down in history as an instrumental figure in the growth of America's electric vehicle (“EV”) industry and the fight against runaway climate change. Biden, who took office this year, quickly unveiled a gargantuan infrastructure bill that would dedicate billions of dollars toward developing an extensive network of public electric vehicle charging stations. With green, renewable energy and zero-emission vehicles being a major part of his agenda, Biden recently signed an executive order requiring that 50% of the vehicles sold in America must be electric by 2030. The Biden administration's green-energy strategy would first restore…

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Month: August 2021