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”
Investment Considerations Kandi Technologies is a Chinese electric vehicle and battery pack manufacturer. In 2013, Kandi established a joint venture with Geely Auto to research, develop and produce electric vehicles destined for sale in the Mainland Chinese market. The company reported FY2019 sales of $135.7 million, largely as a result of its EV sales and … Continue reading “Kandi Technologies Group Inc. (NASDAQ: KNDI)”
China is accusing the United States of providing “discriminatory” electric vehicle subsidies and has begun proceedings at the World Trade Organization. The electric vehicle subsidies in question are part of the 2022 Inflation Reduction Act (IRA) and are meant to boost the growth of a domestic electric-vehicle-battery supply chain while limiting America’s reliance on China. U.S. … Continue reading “China Accuses US at WTO of ‘Discriminatory’ Electric Vehicle Subsidies”
American tech giant Apple has reportedly shelved its secret plans to develop a self-driving electric vehicle for the nascent EV industry. The company has spent the past 10 years working on the ambitious Project Titan, but multiple reports say Apple is now turning its attention to artificial intelligence (AI) technology. Apple is estimated to have … Continue reading “Apple Pulls Plug on Self-Driving EV Plans”
Battery swapping is an interesting idea that has been around since the modern electric-vehicle industry’s inception. Although the concept is more popular in Asia than the western markets, Tesla CEO Elon Musk first demonstrated battery swapping a decade ago. The concept is simple. Rather than wait for up to an hour to recharge their electric … Continue reading “Could Battery Swapping Be Viable in the EV Industry?”
Analysis by the U.S. Department of Energy’s National Renewable Energy Laboratory (NREL) has revealed that electric vehicle owners are more likely to install solar panels at home. On the other hand, the analysis discovered that having solar panels at home does not increase a homeowner’s chances of buying an electric car. NREL polled 869 households … Continue reading “EVs, Solar Panels Combine to Boost Sentiment for Sustainability in US Households”
China’s electric-vehicle industry is growing at a rapid rate despite efforts by European Union and American policymakers to curb Chinese EV sales. Automakers from China still dominate the global EV industry in terms of sales, and some have even surpassed electric-vehicle giant Tesla in the Chinese market. Massive subsidies from China’s government have also allowed … Continue reading “Despite Protectionist Policies in US and EU, Chinese EV Makers Still Dominate Sales”
Chinese carmaker XPeng hit a new electric vehicle sales record after its sales went up month-over-month for the 10th time in a row. XPeng was among the first Chinese electric vehicle startups to take inspiration from the Tesla brand and quickly became one of China’s most dominant electric vehicle makers. The company reported delivering 20,041 … Continue reading “XPeng’s November EV Sales Hit New Record”
After years of equipping their electric cars with increasingly larger touch screens, EV makers are turning back to physical buttons amid a phenomenon dubbed “screen fatigue.” While touchscreens were instrumental in changing how we interact with various technologies, it seems the technology doesn’t quite meld with electric vehicles. Carmakers have spent the past couple of … Continue reading “EV Makers Switching to Buttons as Motorists Experience ‘Screen Fatigue’”
Toyota has surpassed Tesla as the top electric vehicle brand in the United States with only one battery electric vehicle (BEV) model in the American market. While Tesla has several best-selling EVs, including the Model 3 and Model Y, Toyota has one — the bZ4X — along with the popular Toyota Prius and RAV4 Prime … Continue reading “Toyota Beats Tesla as Desirable EV Brand in US”