NewsRoom Articles - Page 121 of 126

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…

MondayAug 24, 2020 3:00 pm

Features that Prevent the Risk of Fire Outbreaks in EVs

You may be asking yourself if electric cars are safer than petrol cars, especially when you want to acquire one. In accidental scenarios, all the two types of vehicles may catch fire. The advantage of electric vehicles is that they don’t catch fire immediately they are involved in accidents as compared to fuel cars. However, petrol cars also have the highest potentiality of catching fire due to: Their engines are prone to overheating When the vehicle is involved in a collision Due to short-circuits in its electrical system The situation may also be worsened in petroleum cars if the fuel…

MondayAug 24, 2020 11:18 am

Net Element Inc. (NASDAQ: NETE) Full Speed into Electric Vehicle Market Via Merger with Mullen Technologies

NETE transforming into pure-play electric vehicles company through merger with Mullen Technologies Reverse merger will allow Mullen stakeholders to acquire majority of newly formed company, accelerating process of Mullen going public EV sales growing at 25% per year on average, expected to account for over 20% of sales by 2030 Electric vehicle (“EV”) sales in the U.S. have been growing by an average of 25% per year (http://ibn.fm/Uy6ss) - stellar results when compared to the dismal 1.76% drop experienced by the entire industry in 2019 (http://ibn.fm/tIyK3). In a bold move aimed at maximizing shareholder value, Net Element (NASDAQ: NETE) recently announced its…

MondayAug 24, 2020 11:00 am

5 Interesting Facts About Electric Cars

Electric cars are the new generation of cars in the automotive industry. Though the first electric vehicle was built in the eighteenth century, the emphasis was not on building more cars. The manufacturers concentrated on building fuel cars, which are the most commonly used in the transport sector. However, the manufacturers are now focusing their attention on producing more of these cars, and several strategies have been put in place to finalize this process. Here are some of the interesting facts of these cars that you may not have known. Electric cars may have their own lane Like bicycles, electric…

FridayAug 21, 2020 2:00 pm

Steps to Follow Before Installing a Home EV Charger

Safety measures should be your priority when installing a home EV charging system. However, after the successful installation of your charging system, be sure that it will be operating for several hours without compromising your safety. Also, ensure it will not interfere with your home electrical installation. Therefore, before installing a home charging system, ensure that a qualified electrician has appropriately assessed your residential electrical system. By getting the services of a qualified electrician, you will be informed if your home electrical system is good for installing the electric vehicle charging terminal. However, for you to fix this charging station,…

FridayAug 21, 2020 1:50 pm

Net Element Inc. (NASDAQ: NETE) Announces Merger Agreement with Internationally Distributed EV Company

NETE, Mullen Technologies sign definitive merger agreement Newly formed company will be dedicated to development of environmentally friendly, affordable technology offering energy solutions Agreement calls for Net Element’s wholly owned, newly formed subsidiary to acquire all outstanding shares of Mullen Net Element (NASDAQ: NETE), a global financial technology and value-added solutions group, has signed a definitive merger agreement with Mullen Technologies Inc. The agreement outlines a stock-for-stock reverse merger plan resulting in Mullen, a privately held electric vehicle company, and its stockholders owning a majority of the outstanding stock in the post-merger company (http://ibn.fm/5LwBp). “We are excited to move forward…

FridayAug 21, 2020 12:00 pm

3 Smart Ways to Spend Less While Using Your Residential EV Charger

Several people who have bought EV chargers simply charge their vehicles and forget about them once they have charged their cars. Such people don’t have the information on how to save money using the home charging system. By following some of these steps, you will save more while using your residential charger. Use the off-peak hours in charging your EV The owners of the EVs have been using a designed utility plan of peak, mid-peak and off-peak hours in charging their vehicles. These car owners have been consuming a lot of energy, especially during the peak hours since it is…

ThursdayAug 20, 2020 2:00 pm

Lithium-Ion vs. Lead Acid Batteries: Which is More Environmentally Friendly?

Several ways can be used in determining whether a product is eco-friendly or not. Li-ion batteries do not have dangerous materials, whereas lead-acid batteries contain such dangerous substances like lead. The two types of cells can be recycled though as of now it is the lead-acid batteries that are being recycled on a larger scale globally. However, considering the effect of these batteries on the environment and the amount of carbon produced should be essential than their lifespan. The frequent use of carbon materials leads to its accumulation; hence the following factors should always be put into consideration: The extraction…

ThursdayAug 20, 2020 10:30 am

How Cities Can Better Avail EV Charging Infrastructure

For the owner of an electric vehicle, the question that may always be lingering on your mind is: is it easy charging my cells on the road while traveling? Your wish is always to have a successful day with your car rather than endlessly looking for charging stations. However, it has been noted that most of these charging stations for EVs are either not working or are unavailable. Cities can still give the drivers a sigh of relief by establishing these charging stations. By doing the following, several cities can beat the threshold in developing these infrastructures for EV drivers.…

WednesdayAug 19, 2020 3:30 pm

How Electric Vehicles Can Help Rebuild the Auto Industry

2020 threw a curveball no one could have expected. Four months into the year, the country was seeing Depression Era levels of unemployment, and the situation has grown worse. With movement and commerce at an all-time low due to social distancing and self-isolation protocols, industries like food service and airline travel have suffered severe losses. The auto industry hasn’t been spared either, with domestic automakers seeing their sales plummet by nearly one half from a year ago in the first quarter of the year. However, as dire as the situation is, it presents a new opportunity. Most developed countries already…

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