WednesdaySep 23, 2020 2:45 pm

Norway to Test Wireless EV Charging Next Year

Most developed governments plan on phasing out internal combustion-engine vehicles over the next decade. However, one major factor stands in the way of widespread electric vehicle (“EV”) adoption: charging. While conventional vehicles have a widespread system of gas refilling stations, EV users have to use a spotty and often unreliable charging system. This, coupled with the fear of running out of charge in the middle of nowhere, has kept people from making the switch to electric vehicles. To remove this barrier, Norway is looking to introduce a charging system that would completely change how electric vehicles are charged. From next…

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TuesdaySep 22, 2020 4:37 pm

St. Paul & Minneapolis Secure Federal Funding to Build Public EV Charging Stations

Electric vehicles (“EVs”) represent the next age of vehicular travel, but a few factors still stand in the way of full-scale adoption. With the exception of Tesla drivers, EV users have to use a spotty and often unreliable network of charging systems. Coupled with the high purchase price of most EVs, the lack of a network of reliable charging stations has caused many buyers to stick to internal combustion-engine vehicles. However, with a little help from the government, this might soon become a thing of the past. Minneapolis and St. Paul, for instance, will soon be home to 70 new…

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MondaySep 21, 2020 12:45 pm

Which Powertrain is Ideal for EV Fleets?

Up until the mid-90s to the mid-2000s, anyone looking to purchase a vehicle either for personal or commercial use had to choose between gasoline and diesel-powered vehicles. Over the years, however, technological advancements made battery-powered electric vehicles (“EVs”) a viable option. Additionally, as the long term effects of climate change became clearer, plenty of state governments have started incentive programs to promote or encourage customers to switch to electric vehicles. Such programs have made EVs much more affordable, thus granting a larger customer base access to the EV market. Fleets have a wide variety of options to choose from these…

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FridaySep 18, 2020 11:55 am

Zacks Initiates Research on Net Element (NETE); Predicts $30 Per Share Target Price

Net Element’s reverse merger with EV manufacturer Mullen Technologies expected to close by 4Q2020 NETE expects to begin marketing Dragonfly K50, sold in conjunction with JV partner Qiantu Motors from 2Q2021 Company will also break ground in early 2021 on 1.5 million square foot facility to manufacture, assemble its own vehicles Zacks forecasts that NETE could snag $30/share valuation by merger’s close Net Element Inc. (NASDAQ: NETE), a financial technology company which has recently transformed its business model to become a pure-play electric vehicle (“EV”) manufacturer, was recently the subject of a company initiation report published by Zacks Small-Cap Research (https://ibn.fm/XGMRy).…

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FridaySep 18, 2020 11:00 am

Report Reveals How Health Would Improve If Americans Transitioned to Electric Vehicles

Transitioning from conventional vehicles to electric vehicles will do a lot more than cleanse the atmosphere of harmful carbon emissions, a new report has found. According to the new report by the American Lung Association, phasing out vehicles that rely on fossil fuels will result in remarkably cleaner air. Transitioning fully to electric vehicles ("EVs") by 2040 would result in fewer deaths, asthma attacks, heart attacks, strokes, and other health problems related to air pollution, says Director of Clean Air Advocacy at the American Lung Association, William Barrett. “Out report is grounded in a scenario wherein electric vehicles account for…

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ThursdaySep 17, 2020 2:00 pm

Connecticut Considers Options to Make EV Rebates More Equitable

The need for clean, sustainable energy could not have been greater. As polar ice caps melt and wildfires become commonplace, governments have put in motion plans to replace carbon based energy with cleaner solar and wind derived energy. Electric cars will play a big part in reducing our carbon emissions, but there are a couple of factors standing in the way of widespread electric vehicle (“EV”) adoption. Chief among them is cost: electric vehicles are crazy expensive to produce and unfortunately, these costs are usually passed down to the consumer, thus confining most EVs on the market to high income…

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WednesdaySep 16, 2020 11:45 am

Technical Glitch Enables Free EV Charging in Europe

Aside from being the most famous electric vehicle (“EV”) maker, Tesla is the only electric vehicle maker that has invested in a widespread charging network for its drivers. The company’s network of destination chargers and Superchargers are arguably more reliable than the charging networks drivers of other EV vehicles have to use. However, a technical glitch seems to be allowing EV drivers who don’t drive a Tesla to use some European Tesla Superchargers. A couple of days ago, non-Tesla electric car owners were surprised to find that they could charge their vehicles for free at the new V3 Superchargers in…

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TuesdaySep 15, 2020 2:45 pm

Uber Technologies Inc. (NYSE: UBER) Promises to Go All-Electric by 2030

Over the next decade or so, most developed countries plan to phase out internal combustion-engine vehicles in exchange for electric vehicles (“EVs”). Not only do they run on clean energy, but EV’s have zero emissions, making them perfect for drivers who are keen on reducing their carbon footprint. Rideshare giant Uber Technologies Inc. (NYSE: UBER) recently announced an ambitious plan to have “100 percent” of rides take place in electric vehicles by 2030 in the U.S., Canada, and Europe, and it is using an interesting strategy to achieve it. Instead of directly paying drivers to trade their fossil-fuel vehicles for…

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MondaySep 14, 2020 2:15 pm

Survey Finds UK Citizens Unprepared for Switch to Electric Vehicles

Electric vehicles (“EV”) represent the next frontier in green, zero-emission energy. Most developed governments plan on replacing conventional vehicles with electric vehicles over the next decade and billions of dollars have been invested into achieving this goal. However, despite the insane mainstream attention EVs have been getting for the past few years, we are still a long way from widespread EV adoption, according to a new survey. The new Society of Motor Manufacturers & Traders (“SMMT”) survey by Savanta ComRes suggests that almost half of UK citizens do not feel ready to make the switch to electric vehicles by 2035.…

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MondaySep 14, 2020 12:03 pm

With Contender for Tesla Inc. (NASDAQ: TSLA) on Horizon, Net Element Inc.’s (NASDAQ: NETE) Proposed Merger with Mullen EV Bodes Well for Company

Mullen Technologies’ EV SUV “serious competition” for Tesla’s Model Y MX-05 will have more mass-market appeal than competition NETE has definitive agreement with Mullen outlining stock-for-stock reverse merger One of the most-recognized names in the electric vehicle (“EV”) world, Tesla (NASDAQ: TSLA), may be facing serious competition from several entrants into the EV space, including a lesser-known start-up, according to a recent “CarBuzz” report (http://ibn.fm/8kM9V). And Net Element (NASDAQ: NETE), a global financial technology and value-added solutions group, may stand to benefit from the news. “The Tesla Model Y is about to face some stiff competition from the Fisker Ocean and Mercedes EQA electric crossovers,”…

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