NewsRoom Articles - Page 106 of 125

TuesdayFeb 23, 2021 2:00 pm

Washington State Bill Seeks to Bypass Dealerships During EV Purchases

Unlike most automakers who sell their vehicles through franchised dealerships, EV maker Tesla Inc. (NASDAQ: TSLA) doesn’t adhere to the dealership model, instead opting to sell its electric vehicles (“EVs”) directly to customers. With plenty of people classifying visiting a car dealership as one of the last things they’d want to do, the move was met with praise from industry analysts and customers alike. If a proposed Washington State bill is successful, every manufacturer who only produces zero-emission vehicles will be able to sell directly to customers in the state. Under Bill HB 1388, automakers that exclusively produce zero-emission vehicles…

MondayFeb 22, 2021 12:30 pm

Utah Bill Hikes EV Fees, Triggers Huge Debate on Road Usage

Although the elective vehicle (“EV”) industry is quite young, it is projected to grow at an extraordinary rate over the next few decades, thus posing a great challenge to the century-old automotive industry. However, most EVs are quite expensive to purchase — so expensive that most households cannot afford to buy them. To boost EV adoption, cut carbon emissions, and meet climate goals, governments have taken to providing incentives, tax rebates, and tax credits to make them more affordable. That’s why a bill that was recently passed by Utah lawmakers has caused an uproar among environmental conservationists and green-energy proponents.…

MondayFeb 22, 2021 11:42 am

PowerTap, an Investee Company of Clean Power Capital Corp. (CSE: MOVE) (FWB: 2K6A) (OTC: MOTNF) Announces USA Hydrogen Station Distribution Model

PowerTap Hydrogen Fueling has signed a definitive agreement with the Andretti Group to create an optimized network by leveraging the latter’s operational expertise and global reach PowerTap plans to have 500 operational hydrogen filling stations deployed across the country by the end of 2025 The existing business model's deployment of hydrogen stations expedites rollout due to the existing fuel operations on each site The hydrogen fuel cell vehicle market worldwide was valued at $651.9 million in 2018 and is expected to grow to over $42 billion by 2026 Stemming from the announcement made by Clean Power Capital (CSE: MOVE) (FWB:…

FridayFeb 19, 2021 1:15 pm

Denver Unveils EV Car-Share Scheme for Underprivileged Communities

In the wake of the coronavirus pandemic, the City of Denver has partnered with a nonprofit to launch a car-sharing service composed primarily of electric cars to serve underserved communities. The brainchild of Mike Salisbury and his colleagues at the city’s Office of Climate Action, Sustainability and Resiliency (“CASR”), the project will see nonprofit Colorado CarShare operate a fleet of seven EVs in six Denver neighborhoods starting this winter. The EV car-sharing scheme essentially kills two birds with one stone; it provides underserved communities with sustainable transport at a time when transit services are being reduced, and it is also…

FridayFeb 19, 2021 12:12 pm

ev Transportation Services Inc.’s FireFly ESV Now Endorsed by Former Pro Golfer Ernie Els

The FireFly ESV is a highway-legal, application specific, essential services vehicle that is also all-electric with zero emissions The vehicle uses the safest lithium-ion battery technology with an expected lifespan of 10 years and a longer operating time per charge The 2021 FireFly ESV promises to be the best equipped ESV model yet Boston-based ev Transportation Services ("evTS"), a specialty vehicle manufacturer providing all-electric lightweight commercial utility vehicles and fleet management solutions, is changing how essential services management and urban e-mobility markets are handled via its highly versatile flagship product, the Firefly ESV (essential services vehicle). To promote the FireFly…

ThursdayFeb 18, 2021 2:45 pm

Australian Feds Rule Out Private EV Purchase Subsidies

Electric vehicles (“EVs”) are still too expensive for the average buyer. Although EVs are poised to ultimately replace internal combustion vehicles as countries around the world strive to reduce carbon emissions, improve air quality and achieve climate goals, the initial purchase costs put them out of the reach of most households. To make them more affordable and boost EV adoption, authorities in several countries have been offering subsidies, incentives and tax credits for certain electric vehicle purchases. Australia, however, has chosen to go a different route after the federal government recently announced that it was ruling out subsidies for private…

WednesdayFeb 17, 2021 1:30 pm

President Biden’s EV Plan Faces Implementation Challenges at State Level

President Joe Biden’s first few weeks in office have seen him issue a flurry of executive orders, some that will set the tone for the rest of his presidency. An ambitious plan by the President to help battle climate change would see 500,000 electric vehicle (“EV”) charging stations deployed across the United States by 2030. Via executive order, Biden says he will also replace the U.S. government’s fleet of nearly 650,000 cars with electric models. The plan has been lauded by environmentalists and renewable energy champions. Transportation accounts for 28% of all carbon emissions in the U.S., more than any…

FridayFeb 12, 2021 3:08 pm

Clean Power Capital Corp. (CSE: MOVE) (FWB: 2K6A) (OTC: MOTNF) Builds Momentum in its PowerTap Investment as Andretti Agreement Takes Off

Canada’s Clean Power Capital Corp., a holding company focused on investing in the renewable energy sector, recently increased its equity interest in California’s PowerTap Hydrogen Fueling Corp. from 90 percent to 94.5 percent PowerTap inked an agreement last month with the companies collectively comprising the Andretti Group, operated by auto racing legends Mario and Michael Andretti to situate and market PowerTap’s hydrogen fueling technology PowerTap followed up on the agreement by appointing Michael Andretti to the company board PowerTap recently announced the strategy behind its business model, focusing on profit motivations for the retail locations where the fueling stations will…

FridayFeb 12, 2021 11:15 am

Study Shows Home Charging Most Preferred by EV Owners

For most drivers switching from conventional petrol or diesel-powered vehicles to electric vehicles (“EVs”), charging is one of their biggest concerns. Charging an EV is quite different from stopping at a gas station and filling the tank; EV drivers have several charging options at their disposal, depending on their circumstances. They can charge overnight at home, during the day at the office or at compatible public EV charging stations. According to a study by JD Power, dedicated home charging is the most preferred method of charging by electric vehicle owners. For countries looking to meet climate goals and reduce carbon…

ThursdayFeb 11, 2021 2:45 pm

Compel Oil Firms to Install EV Chargers, Says UK Think Tank

Last year, the UK government unveiled an ambitious plan that would see the country ban the sale of new internal-combustion-engine (“ICE”) vehicles in exchange for electric vehicles (“EVs”). Powered by rechargeable lithium-ion battery packs, EVs produce zero emissions at the tailpipe, and for most countries, they represent the next frontier of clean, vehicular transport. However, one issue that has consistently stood in the way of widespread EV adoption is the absence of a network of reliable public electric vehicle chargers. To increase the number of public charging stations and boost EV adoption, a UK think tank says oil firms should…

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