The company’s flagship electric vehicle, the Solo, is positioned to revolutionize commuting, delivery and shared mobility. The company’s plans to mass produce electric vehicles in the near future, combined with its 61-year history of automotive design, manufacture and delivery, significantly differentiate it from other electric vehicle producers. ElectraMeccanica has received pre-order bookings through an online … Continue reading “ElectraMeccanica Vehicles Corp. Ltd. (NASDAQ: SOLO) Focuses on Urban Commuters with Solo Single-Seat EV”
Investment Considerations The company’s flagship electric vehicle, the Solo, is positioned to revolutionize commuting, delivery and shared mobility. The company’s plans to mass produce electric vehicles in the near future, combined with its 61-year history of automotive design, manufacture and delivery, significantly differentiate it from other electric vehicle producers. ElectraMeccanica has received pre-order bookings through … Continue reading “ElectraMeccanica Vehicles Corp. Ltd. (NASDAQ: SOLO)”
A recent survey by America’s biggest campground operator has revealed that electric vehicles are quite popular in the camping community. The poll by Kampgrounds of America found that 4% of regular campers in the country own battery electric vehicles (BEVs) compared to only 1% of Americans. Although the Biden administration has made significant investments in … Continue reading “EVs Are Transforming How Americans Go Camping”
Following several months of depressed electric vehicle demand, Ford Motor Co.’s alternative energy vehicle sales spiked in February as strong demand for battery electric vehicles and hybrids increased the automaker’s U.S. sales by 10.5%. The Dearborn, Michigan-based automaker’s hybrid vehicle sales jumped by 32% to 12,045 while its SUV sales went up by 22% to … Continue reading “Increases in Hybrid, EV Sales Boost Ford’s February Sales Numbers”
The Chinese government has promised to support the expansion of domestic carmakers into international markets amid a flurry of trade sanctions against electric vehicles from China. The country’s Ministry of Commerce recently posted a document outlining 18 guidelines for China’s central bank and several departments to boost new energy vehicle trade (NEV). China’s commerce ministry … Continue reading “Beijing Promises to Support EV Makers in Conquering Overseas Markets”
Last year was a major year for Chinese electric vehicle manufacturers. Generous subsidies from Beijing allowed EV companies from China to flood the international market, particularly Europe, with incredibly cheap electric cars. Furthermore, Tesla faced incredibly stiff competition from automaker BYD, which ultimately surpassed Tesla in EV sales in the last quarter of 2023 to … Continue reading “BYD’s Success Shows China Shouldn’t Be Discounted Globally”
Car dealers across the United States are reporting a notable decline in secondhand electric vehicle sales. With the electric vehicle industry now older than a decade, the market is seeing an influx of used EVs from early adopters trading in their cars for modern EVs or returning to internal combustion engine (ICE) cars. The secondhand … Continue reading “A Deeper Analysis of Lower Current Sales of Used EVs”
Detroit has begun testing wireless electric-vehicle charging technology in what is reportedly the first public wireless EV-charging roadway project in the country. Crews installed copper inductive charging coils underneath a quarter-mile segment of 14th Street between Marantette and Dalzelle Streets near Michigan Central. The Michigan Transportation department says the quarter-mile segment will act as a … Continue reading “Detroit Starts Testing Wireless EV-Charging Technology”
A new tax credit for used cars that qualify as “clean vehicles” is making used electric cars much more appealing to cost-conscious drivers. While used-car prices are estimated to have dropped by as much as 8% year-over-year, secondhand electric vehicle prices are still higher than they were before the pandemic. New electric cars tend to … Continue reading “New Tax Credit Makes Used EVs More Appealing”
Scientists from the University of Maryland have discovered a novel battery design that could increase EV battery density while reducing the risk of electric vehicle fires. Although the research team will have to address various cost and design issues before scaling up the technology, they have tentative plans to roll the new batteries out commercially … Continue reading “Maryland Scientists Discover Novel Battery Design That Could Curb EV Fires, Boost Power Density”
