NewsRoom Articles - Page 114 of 122

FridayOct 09, 2020 11:30 am

Interesting Facts You May Not Know About EV Stocks

For those looking for stocks to invest their cash in, the electric vehicle (“EV”) industry may seem quite enticing. Electric vehicles represent the next frontier of vehicular travel, after all, and most developed countries are planning on phasing out carbon fuel-powered vehicles for EVs over the next decade or two. And if you’ve been paying attention to the stock market for the past year or so, you’ve probably noticed the upward trend of Tesla, which is the 12th most valuable company in the country by market capitalization. However, shopping for EV stocks requires a keen eye and some knowledge of…

ThursdayOct 08, 2020 2:30 pm

3 Factors to Consider When Buying Second-Hand Electric Vehicles

Whether you’re a prospective vehicle buyer or already own a conventional vehicle, you have probably heard of electric vehicles. The answer to drivers who want to reduce their carbon footprint, electric vehicles (“EV”) run on clean, renewable energy, and produce zero emissions. On top of that, they are cheaper to fuel (charge) and maintain over the long run compared to traditional internal combustion-powered vehicles. Unfortunately, new EVs come with a pretty hefty price tag, with the cost being one of the main barriers to the widespread adoption of electric vehicles. Even the most affordable electric vehicles sell for between $30,000…

WednesdayOct 07, 2020 9:45 am

Is it Dangerous to Charge Your EV in the Rain?

It is a well-known fact that electricity and water do not go well together. Most electronics shouldn’t be put in water and manufacturers constantly caution consumers against using their electronics in or near a wet environment. And for the most part, it’s not that hard to keep your toaster, television, or hairdryer away from water. But what if you are driving an electric vehicle (“EV”) and have to charge in the rain? Electric vehicles are set to phase out internal combustion vehicles over the next decade or two. Although the technology behind EVs is decades old, the industry is still…

TuesdayOct 06, 2020 2:02 pm

Net Element Inc. (NASDAQ: NETE), Mullen Technologies Announce Facility Build-Out, Pre-Sales of Fully Electric EV

Mullen Technologies begins built-out of pilot facility, accepting orders for MX-05 SUV. Facility slated for April 2021 completion; first MX-05 SUVs rolling off production line by Q2 2022. In August, Net Element, Mullen Technologies announced execution of definitive agreement to merge. The announcement by Mullen Technologies Inc. that it has begun to build out its pilot manufacturing facility and take pre-orders for its M05 fully electric SUV bodes well for Net Element (NASDAQ: NETE). Earlier this year, Net Element, a global financial technology and value-added solutions group, and Mullen Technologies announced a merger agreement—so good news for Mullen means good…

TuesdayOct 06, 2020 10:15 am

Cities Resort to Online Electric Car Education amid the Pandemic

Most developed countries are in a race to achieve net-zero emissions by the next decade or two. One aspect of achieving zero emissions is by phasing out internal combustion vehicles for electric cars. Though the electric vehicle (“EV”) industry has made a lot of progress in a few short years, it still has a long way to go before widespread EV adoption. EVs run on clean energy, produce zero emissions, and are generally cheaper to run and maintain than conventional vehicles, but customers have been wary of switching to green energy due to a few legitimate concerns and just a…

MondayOct 05, 2020 9:45 am

Polaris Inc. (NYSE: PII) and Zero Motorcycles Team Up to Produce Electric Snowmobiles

Over the years, Minnesota-based company Polaris (NYSE: PII) has become synonymous with Powersports, developing a variety of off-road vehicles, including the popular RZR lineup. The popular Powersports outfit is now teaming up with Zero Motorcycles, a Santa-Cruz based maker of electronic motorcycles and powertrains to electrify its lineup. On Tuesday, the two companies announced a 10-year agreement to work together to produce electrified off-road vehicles and snowmobiles. Zero will provide the powertrain technology, hardware, and software while Polaris will develop, manufacture, and sell the vehicles. According to Zero Motorcycles CEO Sam Paschel, the companies will co-develop the technologies and vehicle…

FridayOct 02, 2020 10:45 am

Tesla Inc.’s (NASDAQ: TSLA) Affordable EV Could Force the Hand of Other Manufacturers

During the recent Tesla Battery Day, Tesla’s CEO announced that the EV maker had made incremental improvements in battery tech that dramatically reduced the cost of its battery cells, paving the road for an affordable $25,000 electric car. Tesla Inc. (NASDAQ: TSLA) unveiled plans to develop a tables battery that could improve an EV’s range and power while lowering its cost, allowing the firm to make and sell EVs at a far cheaper cost than it can now. According to Forbes, Tesla’s upcoming $25,000 vehicle “could mean game over for gas and oil,” and industry experts agree wholeheartedly. Expected to…

ThursdayOct 01, 2020 3:15 pm

At What Speed Should You Charge Your EV Batteries?

Electric vehicles represent the next frontier of vehicular travel. Thanks to powerful battery packs, electric vehicles run on clean energy and produce minimal to zero emissions, making them the perfect vehicle for customers who are conscious of their carbon footprints. For customers who switch from carbon powered vehicles, especially those who’ve used conventional vehicles for years, taking a crash course on EV batteries and charging is crucial. Unlike traditional vehicles that run on carbon fuel, electric vehicles are powered by rechargeable lithium-ion battery packs. To refuel a carbon fuel-powered vehicle, all you need to do is head to a gas…

WednesdaySep 30, 2020 12:45 pm

India Intends to Inject Nearly $5 Billion in EV Battery Incentives to Boost Sector

At this point, plenty of governments have recognized that phasing out internal combustion-engine vehicles in favor of electric cars is inevitable if they wish to avoid climate disasters. As temperatures rise, ice shelves melt and wildfires burn, the need for alternative energy that is clean, renewable and doesn’t produce emissions has become crucial. And while electric cars check many of these boxes, most countries are still a long way from widespread adoption of EVs. In many territories, that can be attributed to high purchase prices coupled with poor battery and charging infrastructure, and some governments are already working at eliminating…

TuesdaySep 29, 2020 1:30 pm

California Governor Promotes Switch to Electric Vehicles

It’s becoming increasingly difficult to bury our heads in the sand in regard to climate change. The earth is hurtling towards a ‘hothouse’ state not seen in 50 million years and a lot of the blame lies at the feet of humanity. Perhaps the most obvious sign of climate change is that it’s getting hotter and according to scientists, the next three years might be even hotter than normal. No state has experienced the heat as much as California; five of the largest wildfires in state history have been ignited in recent weeks, and residents have become accustomed to rolling…

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