Over the next decade, automakers and electric vehicle (“EV”) startups alike will unveil dozens of new electric vehicle models. As the government looks toward achieving a carbon-neutral future, EVs have emerged as one of the best ways to reduce fossil fuel use and cut down greenhouse gas emissions. Companies in the automotive sector have already … Continue reading “Fisker Inc. (NYSE: FSR) Unveils First Fully Electric SUV”
Investment Considerations Fisker is revolutionizing the automotive industry by developing some of the most desirable and eco-friendly electric vehicles in the world. On July 13, 2020, Fisker announced it would become a NYSE publicly traded company by merging with special purpose acquisition company (SPAC) Spartan Energy Acquisition Corp. (NYSE: SPAQ). The proposed transaction is anticipated … Continue reading “Fisker Inc. (NYSE: FSR)”
Americans may soon have to contend with higher electric vehicle prices after the federal government announced new regulations designed to limit the nation’s reliance on Chinese electric vehicle batteries. According to the Biden administration, the proposed rules would cut government subsidies for electric cars with battery components made in China or companies with strong ties … Continue reading “New US Treasury Rules on China-Made Batteries Could Increase EV Prices”
Some experts predict that electric vehicle demand in Europe will drop as potential EV drivers in the region wait for electric cars to become more affordable. Many European Nation countries have pledged to electrify their vehicle fleets over the next few decades as part of a coordinated effort to curb global warming and climate change. … Continue reading “Drop in Demand Expected as European EV Buyers Wait for Less Costly Models”
Japanese automakers are poised to debut a variety of electric vehicle models at an upcoming auto show in a bid to catch up to EV industry leaders Tesla and BYD. Toyota, Japan’s largest vehicle brand, has been slow to take to electrification and is one of the only major automakers with barely any footprint in … Continue reading “Japanese EV Makers to Showcase Upcoming Models at Auto Show”
Drivers in America are only a few months away from gaining instant access to electric vehicle tax relief instead of waiting months for tax season to arrive. Like several other governments, the U.S. government has invested billions of dollars into developing electric vehicle infrastructure in the country and accelerating EV adoption. However, U.S. drivers interested … Continue reading “US Motorists Could Soon Instantly Access EV Tax Relief”
After more than a decade of high electric vehicle prices, oversupply in the nascent EV market is causing EV prices to plummet. Average Tesla prices have fallen by close to 20% over the past year, and other EV makers in other major markets are cutting their prices to remain competitive in an increasingly saturated market. … Continue reading “EV Prices Drop as Inventory Levels Grow”
Argonne National Laboratory scientists have found a fluoride electrolyte that could potentially improve the range and performance of next-generation electric vehicle batteries by enhancing EV battery energy density and extending battery lifespan. Sodium fluoride is a fluorine compound that acts as a raw ingredient in many toothpaste brands, thanks to its ability to protect teeth … Continue reading “Ingredient in Toothpaste Could Boost EV Range”
A national transition from ICE cars to battery electric cars will require significant government and private investment in public charging infrastructure. The automotive industry has had more than a century to build out a widespread network of easily accessible refueling stations compared to the relatively young EV industry. One main concern among drivers in the … Continue reading “Despite Increasing EV Charging Infrastructure, US Motorists Report Higher Dissatisfaction Rates”
For the past several years, Toyota has been the only major automaker that has made few investments in battery electric vehicles (BEVs). Several other established automakers have long announced their intent to electrify their lineups, with companies such as Ford and Mercedes Benz already developing and releasing BEVs into the market. Toyota, on the other … Continue reading “Toyota Fighting to Gain Ground in China EV Market”