NewsRoom Articles - Page 110 of 116

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…

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…

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.…

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,”…

FridaySep 11, 2020 1:00 pm

Trojan Energy Could Hold the Key to the Future of EV Charging

Although most developed governments have plans to phase out internal combustion-engine vehicles for electric vehicles over the next decade or so, one issue that stands in their way is charging. EVs generally don’t have that much range, unless you’re willing to shell out a few extra bucks for a vehicle with a larger battery and greater range. And even if you can afford to, chances are you will have to deal with issues like spotty charging infrastructure (unless you buy a Tesla which has its own network of charging systems). However, technology pioneered by Trojan Energy may completely change the…

ThursdaySep 10, 2020 12:00 pm

Prominent Automaker Plans to Unveil 9 New EVs by 2025

With the death of internal combustion-engine vehicles coming in the foreseeable future, prominent automakers have had to adapt. In fact, automakers like Nissan, Chevrolet, Ford, and BMW have already dipped their toes into the EV scene with a variety of hybrid and fully electric vehicles. German car manufacturer Bayerische Motoren Werke AG (OTC: BMWYY) ("BMW") recently announced that it will launch an expanded line up of nine models as part of an ambitious 10-year growth plan. Two models, the new i5 and i7 saloons will headline the plan. The new electric cars are part of the automaker’s new ‘Power of…

WednesdaySep 09, 2020 3:30 pm

Everything You Need to Know About EV Batteries

Over the past few years, it has become exceedingly clear that the carbon-based energy that propelled humanity to its greatest heights is quite harmful to the environment. Governments have therefore started turning to solar and wind-generated energy as well as electric vehicles to reduce their countries’ overall carbon footprint. In fact, plenty of developed countries have plans to phase out internal combustion-engine vehicles in exchange for electric vehicles, which thanks to the battery packs that power them, run on clean energy, and have zero emissions. EV batteries can power an EV for thousands of miles followed by a secondary use…

TuesdaySep 08, 2020 1:35 pm

UK July EV Sales Bring Hope to Automotive Industry

The coronavirus has dealt the world economy a blow it will take years to recover from. With most economies severely slowed down for most of the year, plenty of industries have been affected. While the food service, air travel, and hospitality industries were perhaps the most affected, the automotive industry did not escape unscathed, at least until July. After months of disappointing sales, the UK industry saw 175,000 new registrations in July, an 11% rise from last year. Battery-powered electric vehicles accounted for 4.7% of all new sales in July, and experts expect this trend to continue for the rest…

TuesdaySep 08, 2020 11:25 am

Proposed Merger Between Net Element Inc. (NASDAQ: NETE) and EV Manufacturer Mullen Technologies Offers New Investment Opportunity

EV sales rising despite declining economy due in part to policy initiatives, government incentives EV share prices making triple-digit percentage gains since Q2 2020 NETE divesting payments processing business model, entering EV industry through definitive merger agreement with Mullen Technologies Merger expected to accelerate process of taking Mullen public in addition to catalyzing manufacturing operations in United States While sales of internal combustion vehicles continue to trend downward, electric vehicle (“EV”) sales are holding up - particularly in countries like Germany where EVs are heavily subsidized and central to the country’s economic recovery plan (http://ibn.fm/RqaIF). Investors continue diverting capital into the…

FridaySep 04, 2020 1:45 pm

New EV Crossover Designed to Meet the Needs of Budget Shoppers

One of the biggest obstacles to the widespread adoption of electric vehicles (“EVs”) is price. Even though most developed governments have introduced federal tax relief to make EVs more affordable, they are still too high priced for a large chunk of the population. While automakers like Tesla and BMW seem to be catering to customers from a higher tax bracket, Volkswagen AG (OTC: VWAGY) is committed to making electric vehicles that can be afforded by the average consumer. Volkswagen’s generation of affordable EVs, denoted by names starting with “ID”, allows customers who traditionally wouldn’t have been able to afford an…

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