Investment Considerations QuantumScape’s solid-state lithium-metal battery features a revolutionary new design bringing significant improvements in terms of cost, safety, range, charge time and cycle life. The company’s revolutionary battery design is expected to reduce manufacturing costs – one of the greatest challenges to mass-producing solid-state batteries. One of the major backers and investors in QuantumScape … Continue reading “QuantumScape Corp. (NYSE: QS)”
A recent study by the RAC Foundation has revealed that patchy phone signals could potentially hinder battery electric vehicle (BEV) adoption in the United Kingdom. According to the study, poor phone signals in the country could make it difficult for electric vehicle drivers to use up to one-third of the most common public EV chargers … Continue reading “UK’s EV Transition Faces Phone Signal Challenge”
Dodge has unveiled electrified versions of the iconic Charger muscle car. The Stellantis brand will offer two battery-powered iterations of the Dodge Charger that provide drivers with the power of a massive V8 engine without the associated pollution. Given the Charger’s place in America’s muscle-car culture, the launch of electrified versions is a sign that … Continue reading “Dodge Unveils EV Versions of Charger Muscle Car”
Data from the European Automobile Manufacturers’ Association has revealed that electric cars outsold internal combustion engine (ICE) vehicles last year. Europeans bought a whopping 1,538,621 battery electric cars in 2023, up from 1,123,444 BEVs in 2022, representing a 37% year-on-year increase in annual BEV sales. European drivers also registered 813,430 new plug-in hybrids (PHEVs), down … Continue reading “Europeans Bought More EVs Than Diesel Vehicles in 2023”
Chinese consumer electronics firm Xiaomi recently unveiled its first electric car, the Xiaomi SU7, and detailed plans to dominate the electric vehicle industry. A social media post from Xiaomi CEO Lei Jun noted that while the company had not finalized its debut electric car’s price, Xiaomi would spend more than $1.4 billion (10 billion yuan) … Continue reading “Chinese Firm Xiaomi Unveils First EV, Vows to Dominate Industry”
Demand for electric vehicles among American drivers is cooling despite the recent rise in EV sales. A Pew Research Center poll from July 2023 found that one-half of Americans were unlikely to consider a battery electric car as their next vehicle and 13% were sure they didn’t want to buy an electric car. The report … Continue reading “US Drivers May Need to Adjust Their Perception of EVs”
A recent report from Goldman Sachs Research has revealed that electric vehicle battery costs are falling much faster than experts initially anticipated. EV batteries will play a key role in transitioning the transportation sector from fossil fuels to clean energy, but scarce raw materials coupled with surging demand have significantly increased EV battery production costs. … Continue reading “Goldman Sachs Says EV Battery Costs are Dropping Quicker Than Initially Expected”
With consumers becoming less interested in purchasing electric vehicles thanks to issues such as range anxiety and high prices, fleets have quickly become a major market for electric vehicle companies. Rather than developing EVs with the hope of selling them individually on the market, EV companies such as Tesla are hedging their bets by partnering … Continue reading “Teslas, Chevrolets Top List of EVs Used by Fleets”
With electric vehicle adoption picking up steam in major markets such as the United States, there have been increasing reports of EVs catching fire and requiring gallons of water to put out. Extinguishing a regular car fire takes around 1,000 to 2,000 liters of water while an electric car fire can take up to 150,000 … Continue reading “Statistics Show ICE Vehicle Fires 20 Time More Likely Than EV Fires”
Tesla has again expanded access to its Magic Dock Superchargers for non-Tesla drivers in the United States. The Texas-based electric maker owns the largest network of superchargers on the globe and only allowed Tesla drivers to use the network for the majority of its history. While level 1 and level 2 chargers can charge an … Continue reading “Tesla Installs More Magic Dock Superchargers to Ease Access”
