NewsRoom Articles - Page 107 of 125

MondayFeb 01, 2021 3:45 pm

President Biden’s Order on Purchasing EVs to Boost Sector

On Jan. 25, 2021, U.S. President Joe Biden signed an executive order dubbed Buy America. This order establishes new guidelines to be followed while the government spends its allotted budget for purchasing goods and services. In that executive order, President Biden directed that the entire government fleet should be replaced with electric vehicles, a move that could see an additional 645,000 EVs added onto U.S. roads. This would translate to a 40% increase of electric vehicles that are currently in use within the country. The executive order was scant on details regarding how the replacement of the fleet would be…

FridayJan 29, 2021 1:30 pm

Microsoft Corp. (NASDAQ: MSFT) Acquires Stake in Self-Driving EV Venture

The electric vehicle (“EV”) sector is one of the hottest industries right now — and for good reason. Everyone wants a piece of the electric action, from EV start-ups and veteran automakers to companies that didn’t even dabble in the auto industry in the first place. Tesla may currently be at the top of the EV game, but it will have to contend with several players battling to secure a share of the young EV industry as time passes. Microsoft Corp. (NASDAQ: MSFT), a company primarily known for developing, manufacturing, licensing and selling computer software, electronics and personal computers, has…

ThursdayJan 28, 2021 3:00 pm

EVgo Plans to Go Public as Demand for EV Charging Services Skyrockets

Despite the devastating effects of the coronavirus pandemic, 2020 turned out to be a great year for electric vehicles (“EVs”). By the end of the year, global EV sales had reached 3.24 million units, with electric vehicles accounting for 4.2% of the global market share. An increasing number of people are aware of the benefits of switching to EVs and are willing to deal with the costs of going green. However, for such a mass move to electric vehicles to be successful, the current number of EV charging stations will have to multiply by a large factor to support an…

TuesdayJan 26, 2021 4:00 pm

ICE SUVs Cancelling Climate Benefits of EVs

With more people recognizing the benefits of going green, electric vehicle (“EV”) sales have been steadily increasing. Despite the coronavirus pandemic and the resultant economic crisis, 2020 was quite a great year for EVs, with customers around the globe buying a whopping 3.24 million battery electric vehicles and plug-in hybrid vehicles. However, internal-combustion-engine- (“ICE”) powered SUVs grew in popularity as well, effectively canceling out the progress the world had made as it pushes towards electrification. According to energy modelers Laura Cozzi and Apostolos Petropoulos, the ever-present demand for sports utility vehicles is making it much harder to reduce carbon emissions…

MondayJan 25, 2021 2:00 pm

A Peek into the Technology Keeping EV Cabins Quiet

After experiencing years of noisy cabins courtesy of internal combustion engine vehicles, most drivers who go green are often surprised by how quiet the cabins of electric vehicles (“EVs”) are. EVs have eliminated not just carbon emissions but sound pollution as well. Conventional vehicles are powered by a combustion engine, which can be quite loud, but electric vehicles rely on a much quieter electric motor for propulsion. Unfortunately, without a loud combustion engine drowning everything out, ambient road noise is much more obvious inside the cabin. To eliminated this noise, EV makers have been using technology similar to what makes…

FridayJan 22, 2021 2:42 pm

Clean Power Capital Corp. (CSE: MOVE) (OTC: MOTNF) (FWB: 2K6A) Welcomes California Planned $1.5B Stimulus for Hydrogen Fueling Infrastructure

The proposed allocation of these funds is in alignment with investee PowerTap’s plans to begin rollout of its hydrogen fueling stations network in the second half of the year PowerTap will generate additional revenue to finance its hydrogen infrastructure by participating in the California Low Carbon Fuel Standard Carbon credit program Hydrogen fueling adoption advocate and auto racing entrepreneur George Steinbrenner IV is appointed to PowerTap’s advisory board, will bring his commitment to sustainability and influence to help promote company’s hydrogen production and dispensing technology Investment holding company Clean Power Capital (CSE: MOVE) (OTC: MOTNF) (FWB: 2K6A) welcomed a California…

FridayJan 22, 2021 10:45 am

Chinese Automaker Unveils Autonomous Driving System to Challenge Tesla Inc.’s (NASDAQ: TSLA)

With only a couple of electric vehicle models under its belt, Tesla Inc. (NASDAQ: TSLA) managed to become the largest car company in the world, surpassing companies that had been in the game for much longer. But despite its lofty perch at the top of the young EV industry, the California-based EV maker faces stiff competition from upcoming Chinese ventures. Chinese EV makers such as Xpeng and NIO Inc. (NYSE: NIO) produce high-quality electric vehicles (“EVs”), and they are looking to dominate the growing China market, the largest EV market in the world. In a not-so-subtle challenge to Tesla’s autonomous…

ThursdayJan 21, 2021 3:00 pm

Kenya Wildlife Conservation Efforts to Benefit from Donation of New Electric Safari Vehicle

The shift to electric vehicles (“EVs”) began at a relatively slow rate with offerings such as the Tesla Roadster, the Mitsubishi i-MiEV and the Nissan Leaf. However, as the technology constantly improves and consumer demand increases, EV startups, automakers such as GM and BMW, and even companies that don’t usually produce vehicles have joined the EV bandwagon. Powered by rechargeable lithium-ion battery packs, electric vehicles produce minimal emissions at the tail, and are cheaper to fuel and maintain over their lifetime. In a move that may set a precedent for wildlife conservation, a Poland-based yacht company has created an electric…

WednesdayJan 20, 2021 2:15 pm

Sony Corp. (NYSE: SNE) Begins Public Road Tests on Upcoming EV

Over the past decade, electric vehicle (“EV”) makers such as Tesla have proved that EVs are a much cleaner viable transport option than conventional combustion engine vehicles. However, the young EV industry hasn’t been confined to only EV makers; several automakers such as General Motors, Toyota and BMW have thrown their hats into the EV arena. Now Sony (NYSE: SNE), a company that doesn’t even produce vehicles, has announced that it has begun testing its upcoming electric vehicle on public roads. Dubbed the Vision-S, Sony’s first electric vehicle weighs 5,180 pounds and is powered by two 200 kilowatt motors, one…

TuesdayJan 19, 2021 2:30 pm

Colorado Springs Gears Up for Surge in EVs

Colorado Springs is home to a small but growing community of electric vehicle (“EV”) drivers. The city boasts close to 2,300 electric vehicles, and according to projections, the number of EVs is expected to explode in the next two to three years, says Khaled Salem, Distributed Energy Strategies engineer supervisor at Colorado Springs Utilities. In anticipation of this influx of electric vehicles in the coming years, Utilities is evaluating where it can install and maintain EV charging stations. By all indications, more and more Americans are expected to buy EVs over time. Although they can be quite expensive, electric cars…

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