Green Car Stock Archives - Page 27 of 124

FridayFeb 23, 2024 10:15 am

Report Suggests Biden Administration Could Slow EV Transition

A recent New York Times report has revealed that the Biden administration may loosen some of its electrification plans. Citing three people familiar with the plan, the NYT report noted that the administration intends to relax its electrification plans as a concession to labor unions and automakers. According to the report, the Biden administration will give automakers more time to ramp up electric vehicle sales rather than require them to accelerate the EV sales rapidly within the next couple of years. The new plan would give automakers until after the end of the decade to increase their EV sales sharply.…

ThursdayFeb 22, 2024 9:00 am

Mullen Automotive Inc. (NASDAQ: MULN) Receives Initial Order for EV Cargo Vans to Open Caribbean Market

EV sales remain strong, projected to grow in 2024 Mullen is positioning itself in the global market with recent purchase order from Grupo Cavel in the Dominican Republic Mullen EVs “establish a new level of quality among commercial vehicles,” says Cavel CEO Electric vehicle sales are projected to continue growing globally in 2024, according to a recent NASDAQ report (https://ibn.fm/asZpm). That is great news for Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer that is expanding into the Caribbean market with its commercial CAMPUS EV cargo van (https://ibn.fm/Oph51). “It’s important to note that EV sales are expected to…

WednesdayFeb 21, 2024 9:30 am

Israeli Startup to Commercialize EV Battery That Can Recharge in Four Minutes

An Israeli startup is promising to deliver extremely fast-charging electric vehicle batteries that can add 100 miles of range in only four minutes. Current electric vehicle batteries are known for their limited range, especially in lower-end electric cars. The average electric car will take from 45 minutes to several hours to charge, depending on the type of charging station used. Compared to fossil fuel cars, which typically take only minutes to refill, recharging an electric car can take exponentially longer. Consequently, several companies in the EV and battery-making sectors are racing to develop next-generation EV batteries with more energy density…

TuesdayFeb 20, 2024 9:00 am

Mullen Automotive Inc. (NASDAQ: MULN) Displays Vehicles for First Time at CES, Unveils Newest EV Offering

Mullen debuted its FIVE RS at this year’s CES show in Las Vegas Several car and auto publications reported on the unveiling of the new model Mullen anticipates beginning production of the FIVE RS in late 2025, with sales commencing in mid-2026 For the first time ever, Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, exhibited its line of commercial and consumer EVs at the Consumer Electronics Show(R) (“CES”) in Las Vegas. In addition to displaying its line of vehicles, the company also debuted its high-performance EV crossover, the Mullen FIVE RS; the world debut of the new vehicle…

FridayFeb 16, 2024 10:30 am

Stellantis Announces Plan to Adopt Charging Plug from Tesla

Stellantis has announced that it will adopt the Tesla North American Charging Standard (SAE J3400 plug) for future electric vehicle models in North America. With brands such as Dodge, Ram, Jeep and Chrysler under its umbrella, the Amsterdam-based parent company becomes the latest major carmaker to adopt the charging standard. The automaker said its first electric vehicle with the SAE J3400 plug will hit the market in 2024. In the meantime, Stellantis said it will provide adapters to customers who already own Stellantis EVs, which are equipped with Combined Charging Standard (CCS) plugs. Adopting Tesla’s proprietary plug will grant Stellantis…

WednesdayFeb 14, 2024 11:45 am

Ford Quietly Established Team to Create Low-Cost EVs

Ford Motor Company has quietly established a team to develop affordable battery electric cars for the company. Launched two years ago, the “skunkwork lab” comprises engineers from an energy-management startup Ford acquired in 2023 called Auto Motive Power (AMP) and is led by Alan Clarke, an ex-Tesla employee and current executive director of EV development at Ford. According to Ford CEO Jim Farley, the automaker formed the small “super-talented” team with little fanfare two years ago and tasked it with developing a low-cost, electric-vehicle platform. Farley says Ford tapped the best engineers on the globe for the low-cost EV project…

MondayFeb 12, 2024 10:45 am

Beijing Promises to Support EV Makers in Conquering Overseas Markets

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 will partner with nine local departments and institutions to undertake activities such as easing Chinese export processes, boosting yuan settlements overseas and encouraging domestic carmakers to build auto R&D centers in foreign nations. The guidelines also push for Chinese carmakers to work with foreign researchers…

FridayFeb 09, 2024 10:15 am

Chinese EV Market Outshines Others with 46% Sales Growth in 2023

The Chinese electric vehicle market has proven time and time again that Elon Musk’s concerns about the country monopolizing the global EV industry aren’t unfounded. China undoubtedly has the largest electric vehicle market on the globe and the most developed public-charging infrastructure. Furthermore, most of the world’s plug-in EV sales occur in China. Electric vehicle companies in China sold eight million new plug-in EVs in 2023 alone, outshining foreign automakers with an astonishing sales growth rate of 46%. Recent data shows that plug-in EVs accounted for 37% of all vehicle sales in China last year, highlighting the nation’s growing appetite…

WednesdayFeb 07, 2024 10:30 am

Existing Guardrails Inadequate for Heavier EVs, Tests Suggest

Crash test data from the University of Nebraska has revealed that existing road guardrails are not sturdy enough to handle electric cars. Since battery electric vehicles (BEVs) typically weigh more than conventional gas and petrol-powered cars, they are much more likely to crash through steel guardrails on the highway. On average, an electric car weighs around 20% to 50% more than a similar fossil-fuel-powered vehicle. This additional weight is primarily due to electric-vehicle batteries, which can weigh as much as a small conventional vehicle. These batteries are usually placed along the bottom of an EV to lower its center of…

TuesdayFeb 06, 2024 10:15 am

Could Battery Swapping Be Viable in the EV Industry?

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 cars, EV drivers could simply swap out their depleted batteries with a fully charged one and be on their way within minutes. This “recharging” technique is as fast as refilling a fossil fuel car and it could help automakers alleviate the range anxiety that keeps…

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