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”
Established in 2013, Kandi Technologies Group Inc. (NASDAQ: KNDI) is a Chinese electric vehicle and battery pack manufacturer. Headquartered in Jinhua City, the company was initially formed as a joint venture with car giant Geely Auto to focus on the research, development and production of electric vehicles in the Chinese mainland. Having received approval from … Continue reading “Kandi Technologies Group Inc. (NASDAQ: KNDI)”
The Biden administration will provide automakers with funding worth $15 billion to retrofit legacy car manufacturing factories into electric vehicle and EV battery-production facilities. A recent announcement from the U.S. Department of Energy (DOE) revealed that the administration would issue $15.5 billion in loans and funding for the “retooling of existing factories” to aid in … Continue reading “Biden Admin Avails $15B for Retrofitting Legacy Car Factories with EV Tools”
Weeks after pledging to help stop the ongoing discount war among electric vehicle manufacturers in China, Tesla has again slashed EV prices in the country. The American electric vehicle maker cut prices for the Model Y by $1,900 (14,000 yuan), bringing the cost of the Performance and Long Range versions down to $41,309 (299,900 yuan) … Continue reading “Tesla Again Cuts EV Prices in China”
The European Union has passed a new law that will accelerate the proliferation of electric vehicle chargers and alternative energy refueling stations along major highways in the region. As per the legislation, EU countries will have to meet specific targets by the end of 2025 and 2030. These targets include installing fast charging stations with … Continue reading “EU Approves New Measure to Bump Up EV Chargers Across the Bloc”
Researchers from China’s Shanghai Jiao Tong University have developed a thermal cloak to help maintain electric vehicle battery integrity during extreme weather conditions. The thermal cloak is designed to prevent EV battery deterioration by keeping EVs warm during the winter and cool over the summer. Unlike traditional internal-combustion engine cars, electric vehicles are powered by … Continue reading “New Thermal Cloak Could Help Preserve EV Battery Integrity in Extreme Weather”
Aston Martin and Lucid Motors have agreed to begin producing electric cars with the highest levels of elegance and performance by 2025. The British automaker will create luxurious, great-performing electric vehicles using Lucid components. The London-listed luxury manufacturer, which saw its losses more than double in 2022 to nearly £500 million ($631m), has reached an … Continue reading “Aston Martin Taps Lucid for EV Components in New Deal”
Greater Bay Technology, a Chinese firm, claims that its new EV battery is able to function in any climate. According to Bloomberg, a battery known as the Phoenix cell employs superconductive substances and thermal control to elevate temperatures from below zero to a typical ambient temperature in under five minutes. Since EV batteries were first … Continue reading “Chinese Firm Makes 621-Mile EV Battery for All-Weather Use”
The auto industry is dominated by electric passenger vehicles. However, light delivery vans could profit more from electric vehicles in terms of operating costs and range advantages. Currently, light commercial trucks make up a very small portion of all electric motor vehicles marketed; however, electric vehicles are quite suited to working fleets of vans in … Continue reading “Buyers Start Reaping the Benefits of Electric Light Delivery Vans”
In last week’s first quarter earnings conference call, General Motors CEO Mary Barra announced that the company intends to discontinue making its electric Chevy Bolt vehicles prior to the year’s end. Most of General Motors’ electric car sales so far have been made up of the Chevy Bolt EV and EUV, a bigger version of … Continue reading “GM to Bring Down Curtain on Chevy Bolt This Year”
