Search Results for: KNDI

Electric cars represent the next frontier of vehicular travel. They run on clean energy, have zero emissions, and are generally easy on the environment. Most developed countries plan to phase out internal combustion-engined vehicles in exchange for electric vehicles over the next decade, but one major hurdle they face is price. In June 2019, the … Continue reading “Kandi Technologies Group Inc. (NASDAQ: KNDI) Introduces Tiny Electric Car to US Market”

Troubled EV maker Nikola Corporation has filed for Chapter 11 bankruptcy protection several months after the company revealed that there was a strong likelihood that it would be short on cash in the first half of this year. The Arizona-based firm now wants to sell or auction off its business. How did this promising company … Continue reading “Nikola’s Troubles Reach Tipping Point, Firm Files for Bankruptcy Protection”

Volkswagen electric vehicles no longer have access to tax credits in the U.S. after the U.S. Department of Energy updated the list of eligible EVs. On the other hand, EVs manufactured by South Korea’s Hyundai Group, as well as the Tesla Cybertruck, joined the list and can be purchased with a subsidy. Electric vehicle prices … Continue reading “Hyundai In, VW Out as America Changes its Electric Vehicle Tax Credit List”

Elon Musk’s endorsement of Donald Trump’s presidential bid and his continued support of the controversial businessman turned politician is turning Tesla owners against the electric vehicle brand.  Once loved by liberals who championed Tesla’s eco-friendly objectives, the Texas-maker has drawn plenty of ire from the Left in recent weeks due to its CEO’s political leanings. … Continue reading “Musk’s Support for Trump is Turning Tesla Owners Against the Brand”

U.S. officials have revealed that they are planning to ban the use of Chinese and Russian technology in vehicles manufactured in the country. This ban would prevent certain software and hardware developed in both Russia and China from being deployed in American-made cars, buses and trucks to minimize apparent security risks. According to the officials, … Continue reading “America to Ban Chinese Technology in Vehicles”

A recently published study from the American Council for an Energy-Efficient Economy (ACEEE) has revealed that adopting more efficient battery electric vehicles (BEVs) could alleviate stress on power grids and lower charging costs by nearly 30%. The research also notes that increasing the average efficiency of electric cars could cut EV prices by nearly $5,000 … Continue reading “ACEEE Study Shows More Efficient EVs Could Lower Grid Stress, Slash Charging Costs”

Ford Motors has announced that it is ditching its goal of fully electrifying its vehicle lineup in Europe by 2030. The American automaker had set the relatively ambitious goal of only selling electric cars on the European market by the end of the decade, but it is scaling back those plans in the wake of … Continue reading “Ford Ditches Plan to Sell Only EVs on European Market by 2030”

Top officials from China and the European Union have revealed that the two major EV markets are holding talks on electric vehicle tariffs. Depending on how the discussions go, Chinese automakers may be spared from a series of tariffs that would have made their EVs much more expensive in Europe. Chinese EVs were set to … Continue reading “China, European Union to Dialogue on EV Tariffs”

Rideshare giant Uber has announced that it will provide drivers with up to $6,350 in discounts to obtain battery electric vehicles (BEVs) as it races to meet its previously set zero-emission targets. In 2017, the leading technology company pledged that all its London drivers would be using electric vehicles by next year. However, with electric-vehicle … Continue reading “Uber Gives $6,350 Discounts to London Drivers Wishing to Buy EVs”