NewsRoom Articles - Page 114 of 119

ThursdaySep 03, 2020 11:00 am

EV Sector to Consume Nearly 80% of Chilean Lithium Supplies

As electric vehicles have become more mainstream, plenty of governments have laid out plans to phase out combustion-engine vehicles in exchange for EVs over the next decade. Since EVs mainly run on rechargeable lithium-ion batteries, they produce zero emissions and have the potential to reduce our reliance on carbon-based energy by a great degree. As a result, says Chilean Mining agency Cochilco, the electric car industry will dominate demand for lithium over the next ten years. On Wednesday, the mining agency said that electric vehicles will account for more than 79% or three-quarters of lithium by 2030, up from a…

WednesdaySep 02, 2020 3:35 pm

Inadequate Charging Infrastructure Could Stall European EV Sales

Electric vehicles are poised to take over internal combustion-engine vehicles over the next decade in a bid to cut our reliance on carbon-based energy and reduce our impact on the planet. However, one thing that stands against widespread EV adoption, at least in Europe, is inadequate charging infrastructure. Aside from Tesla, most of the electric vehicles sold across Europe have to rely on an inadequate system of different and often broken down charging facilities. While Tesla has its own network of charging stations and a streamlined charging experience, most of the other automakers that produce EVs don’t. “There’s a variety…

TuesdaySep 01, 2020 1:45 pm

Kandi Technologies Group Inc. (NASDAQ: KNDI) Introduces Tiny Electric Car to US Market

Electric cars represent the next frontier of vehicular travel. They run on clean energy, have zero emissions, and are generally easy on the environment. Most developed countries plan to phase out internal combustion-engined vehicles in exchange for electric vehicles over the next decade, but one major hurdle they face is price. In June 2019, the average cost of an EV in the U.S. was $35,742, according to Kelly Blue Book. However, Americans may be able to purchase a new EV for much less after Chinese automaker Kandi Technologies Group Inc. (NASDAQ: KNDI) announced it would be entering the U.S. market…

TuesdaySep 01, 2020 1:36 pm

Net Element Inc. (NASDAQ: NETE) Works to Enhance Shareholder Value, Adapts to COVID-19 Fallout

NETE releases Q2 2020 financial report CEO notes impact of COVID-19 on financial results, points to continued efforts to increase shareholder value as merger approaches Shareholder letter provides clarification on expected number of shares Net Element (NASDAQ: NETE), a global financial technology and value-added solutions group, released its financial report for Q2 2020 (http://ibn.fm/d1h9G), the period ended June 30, 2020; NETE also provided more clarifying information about its pending merger with Mullen in an Aug. 19 shareholder letter (http://ibn.fm/W1ahe). In its financial report, NETE noted that, during second quarter 2020, total transaction volume decreased to $717.9 million, as compared to $950.2 million…

MondayAug 31, 2020 12:00 pm

Strategic Reasons to Switch to an Electric Vehicle

Electric cars have come from being unknown and are becoming famous as the days go by. Electric vehicles (“EVs”) are becoming popular in big cities, and it’s high time you started thinking of getting one for yourself. Car manufacturers are also going for something more sustainable and friendly to the environment. Here are some of the reasons why you should switch to an electric vehicle: Affordability is always appealing to most people looking to buy a car. Even if the oil price drops further, charging your electric vehicle is less expensive than fueling petrol and diesel cars. Your EV can…

FridayAug 28, 2020 1:45 pm

Unnecessary EV Range Anxiety

You may have been paralyzed by the fear that your electric car battery may die while you are right “in the middle of nowhere.” The fact is that this is not going to happen to you. There are more charging stations around you, and you should drive without fear of being stuck. You should therefore ensure that your car is charged after cruising some miles. Here is how you can be sure your EV will take you wherever you are going, and back. Charge at Home You should install your own charging station at home to enable you to charge…

ThursdayAug 27, 2020 3:00 pm

Differences Between EV Driving in Europe and the US

Electric vehicles (“EVs”) are soon taking over the transportation industry. However, much still needs to be done for these vehicles to be accommodated into this sector. Furthermore, different countries are taking different strategies to incorporate these vehicles in their transport sectors. Some of the most considerable differences between EV driving in Europe and the U.S. have been highlighted below: If you own an EV in Europe, you will have to carry your own charging cable and plug it in when you need to power your car. The action is opposite in the U.S.; all the charging stations in the U.S.…

WednesdayAug 26, 2020 11:00 am

What Many Don’t Know About Electric Vehicles

You may not have considered buying an electric car probably because you lack enough information about them. Furthermore, several myths and misconceptions have been spread around, and these may have made you shy away from these vehicles. However, here are some of the facts that you did not know about electric cars. Having a glance at this article will enhance your knowledge about electric vehicles: Electric vehicles may be more expensive to buy than diesel and gas cars, but you will realize that they are cost-effective in terms of maintenance and eliminating the cost of fuel. Furthermore, electric vehicles are…

TuesdayAug 25, 2020 2:45 pm

How Hotels Can Increase Earnings with EV Charging Stations

If you have a hotel and you have noticed that the number of electric vehicles (“EVs”) rolling in is surging daily, it would be a good boost to your business if you install EV charging stations. Once you decide to have these charging stations installed, you will also need to consider how you will manage your electric vehicle charging stations. You can set up a billing protocol based on kilowatts per hour that goes into charging an EV of a hotel guest. Since you are also paying for the power that your charging station uses, you should also exploit the…

TuesdayAug 25, 2020 10:30 am

5 Common Electric Vehicle Myths Debunked

Electric vehicles (“EVs”) are soon taking over as they are also friendly to the environment. However, this may be hampered by several myths that are being propagated around. Some oil producers spread many of these myths and misconceptions due to the fear that they may lose their businesses. Besides, switching to electric vehicles will lead to low oil purchases and a decline in profits. Here are some of the myths and misconceptions that are being peddled around about the electric cars: Electric vehicles are more expensive than cars using oil It isn’t true that electric vehicles cost more than cars…

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