Green Car Stock Archives - Page 16 of 124

FridayNov 08, 2024 10:00 am

UK EV Sales Mount Despite Drop in Overall Vehicle Sales

Data from the Society of Motor Manufacturers and Traders (SMMT) has revealed that electric vehicle sales in the United Kingdom (UK) have risen despite an overall drop in vehicle sales. The lobby Group’s data shows that EV sales were up in October as automakers sold 29,800 cars while petrol and diesel vehicle sales dropped by 14% and 25%, respectively. Electric vehicle sales also increased by a quarter in October compared to October 2023 amidst efforts by carmakers to meet government emission standards, SMMT data shows. On the other hand, overall vehicle sales in October fell by 6% year-over-year, with diesel-powered…

ThursdayNov 07, 2024 10:00 am

Researchers Develop New Transmission for Commercial EVs

University of Kassel researchers have developed a new transmission for commercial electric vehicles that could help carmakers manufacture electric cars geared for the delivery sector. The German Federal Ministry for Digital and Transport (BMDV) provided $1.9 million in funding for the project with the Kassel-based Daimler Truck facility and the University of Kassel focusing on the project's execution. Although several automakers are already manufacturing electric delivery vehicles, the University of Kassel posits that automakers have had a difficult time introducing EVs to the delivery sector as there are no electric cars that are technically suited for the role. Existing electric…

TuesdayNov 05, 2024 10:00 am

What Tesla Could Lose or Gain if Trump Becomes US President

The ongoing U.S. elections could be a turning point for American electric vehicle firm Tesla and its controversial CEO Elon Musk. The billionaire has thrown his support behind presidential candidate Donald Trump and has reportedly spent more than a million dollars on Trump’s campaign. With Trump reversing his previously antagonistic stance on battery electric vehicles (BEVs) in light of Musk's endorsement, the assumption is that a second Trump presidency would be beneficial to Tesla. However, the situation is a lot more complicated than that. A Trump administration would probably do its best to lower federal electric vehicle purchases, a decision…

FridayNov 01, 2024 10:00 am

The EU and China Agree to Hold Talks Over Looming EV Tariffs

China and the European Union have agreed to hold further talks as the deadline for implementing steep import tariffs on Chinese electric vehicles looms. The EU first implemented the tariffs several months ago after cheap Chinese EVs began flooding into the regional bloc and the European Commission launched a probe into Beijing's electric vehicle subsidy program. The investigation found that China had given its automotive sector an unfair advantage by pumping tens of billions’ worth of subsidies into the sector for over a decade. The subsidy program allowed Chinese carmakers to manufacture EVs at low cost and sell them cheaply,…

ThursdayOct 31, 2024 10:00 am

Costco Ventures into EV Charging

American multinational corporation Costco is venturing into the burgeoning battery electric vehicle (BEV) charging market. With the retailer running over 500 stores in the U.S. and 140 stores in the American EV capital, California, Costco could potentially serve thousands of electric vehicle drivers across the country. Costco recently installed its first branded electric vehicle DC fast chargers in its home state of Washington, in a Ridgefield-based warehouse store. The Costco-branded fast chargers were manufactured by a startup from Seattle called Electric Era and they feature a unique design that uses built-in batteries. The move represents Costco's first cautious foray back…

TuesdayOct 29, 2024 10:00 am

Data Shows Electric Truck, Car Fleet Owners Save 9% on Their Operating Costs

Recent analysis of fleet total cost of ownership (TCO) has revealed that electric trucks and cars are saving fleet owners 9% on operational costs. Using a tool built by the Electronification Coalition and the Dashboard for Rapid Vehicle Electrification, RMI analyzed data from various scenarios and found that the TCO of fleet EVs is lower compared to equivalent gas-powered cars, even with the inclusion of charging infrastructure costs. Although the analysis only included the U.S. federal tax incentive for EV purchases, several states also have their own EV and charging incentives and subsidies that can be stacked on top of…

FridayOct 25, 2024 10:00 am

Automotive Giants Unveil a Bevy of Affordable EVs to Counter China’s Models

Several large European automakers unveiled a bevy of affordable electric cars during the recent Paris Motor Show to counter the flood of cheap electric cars coming out of China. With electric vehicle demand waning in recent months partly due to high purchase costs, some of Europe's most dominant carmakers are looking to boost demand and recapture the market they lost to Chinese brands. The East Asian nation solved the electric vehicle affordability problem through a mix of industrial policies and tens of billions of dollars in subsidies that allowed Chinese carmakers to lower their EV manufacturing costs and pass on…

ThursdayOct 24, 2024 10:00 am

Innovative Transistors Hold the Potential to Enable Fast-Charging for EVs

Drivers may have access to fast-charging battery electric vehicles that can charge from ordinary power outlets in the near future, thanks to innovative transistors. EV charging still represents one of the largest barriers to electric vehicle adoption due to the extended charging periods associated with standard EV chargers. For electric vehicles to enjoy mass adoption, they should be able to recharge as quickly and conveniently as gas-powered cars. With manufacturers working on various means of enabling fast charging that doesn't reduce an EV battery's total lifespan, innovations in transistor technology could provide them with the breakthrough they need to finally…

MondayOct 21, 2024 10:00 am

Plug-in Hybrids are Falling Short on Helping the Transition to EVs

A recent J.D. Power study has found that plug-in hybrid electric vehicles aren't working as an effective bridge between fossil-fueled cars and battery electric vehicles (BEVs). Even though hybrids are often praised for helping drivers transition to the unfamiliar technology of electric cars, J.D. Power says many drivers just aren't buying into plug-in hybrids. While BEVs are only powered by a rechargeable battery, hybrids have a combustion engine as well as an electric drivetrain. This alleviates range anxiety, one of the largest barriers to EV adoption, by allowing drivers to switch to the engine once the battery runs out. Hybrids…

FridayOct 18, 2024 10:00 am

Toyota Showcases its Portable Hydrogen Cartridges for Vehicles

Japanese automaking giant Toyota has unveiled lightweight hydrogen cartridges that could allow hydrogen fuel cell vehicle (FCEVs) drivers to recharge their vehicles in minutes. Designed to look like massive AA batteries, the hydrogen cartridges could also be used to power electrical devices and even homes similar to many modern EV batteries. Toyota is the only major established carmaker that has refrained from developing battery electric vehicles (BEVs). Aside from the Toyota Prius, currently Toyota's only electrified car and the most successful hybrid on the globe, the Japanese company has mostly focused on hydrogen fuel cell electric vehicles. These cars use…

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