NewsRoom Articles - Page 17 of 127

ThursdayDec 12, 2024 10:00 am

Jaguar’s EVs are Poised for an Unexpected Price Surge

Prices for Jaguar's new lineup of battery electric vehicles (BEVs) are poised to rise after the carmaker went through a major rebrand as part of a company-wide effort to transition from internal combustion engine (ICE) vehicles to luxury electric cars. Jaguar Land Rover CEO Adrian Mardell recently revealed that a single unit of the automaker's new EVs will cost £150,000 ($190,974) rather than the £100,000 ($127,316) Jaguar Land Rover (JLR) announced, making the cars a whopping 50% more expensive than initially expected. Jaguar's rebrand came at a rough time for the auto industry and the nascent electric vehicle market in…

TuesdayDec 10, 2024 10:00 am

EV Prices Continue Rising in Germany, Causing the Industry to Worry

Automotive industry players and stakeholders are growing increasingly worried about the rising electric vehicle prices in Germany. A recent analysis by the Center of Automotive Management (CAM) has revealed that EV prices in the European nation have been on an upward trend alongside a rise in the number of available EV models, leaving many experts worried about the future of Germany's electric vehicle industry. CAM conducted an in-depth analysis of new EV registrations in Germany that covered segments, EV models, and purchase prices. The analysis also covered China's electric vehicle industry. Researchers found that the number of electric vehicle models…

FridayDec 06, 2024 10:00 am

China’s Global EV Market Share Reaches 76%

Recent data has revealed that China's share of the worldwide electric vehicle market has surged to 76% thanks to robust domestic demand. The East Asian country has made significant investments in its EV sector over the past decade and is now reaping the results in the domestic and foreign markets. Even though import tariffs in major Western markets have risked China’s exposure to foreign electric vehicle markets, strong demand from domestic buyers allowed its global EV industry to rise to 76% in October, the China Passenger Car Association says. Chinese EV makers sold 14.1 million electric vehicle units between January…

ThursdayDec 05, 2024 10:00 am

Mercedes Reinvents Electric Vehicle Brakes

German automaker Mercedes Benz is on a mission to reinvent electric vehicle brakes. Most modern cars have disk brakes that use a configuration of calipers, brake pads, hydraulic fluid, and pistons to slow the rotation of their wheels via friction and arrest their motion. Other types of vehicle brakes, such as air brakes, band brakes, and drum brakes, also use friction as the primary means of braking. However, while these types of friction-based brakes were developed for internal combustion engine (ICE) cars, electric vehicles are a completely different beast. They are significantly heavier and have greater torque but are uniquely…

TuesdayDec 03, 2024 10:00 am

Musk’s Support for Trump is Turning Tesla Owners Against the Brand

Elon Musk's endorsement of Donald Trump's presidential bid and his continued support of the controversial businessman turned politician is turning Tesla owners against the electric vehicle brand. Once loved by liberals who championed Tesla's eco-friendly objectives, the Texas-maker has drawn plenty of ire from the Left in recent weeks due to its CEO’s political leanings. Despite President-elect Trump repeatedly disparaging the Biden administration's green energy investments and vowing to get rid of the federal $7,500 tax incentive, Musk threw his weight behind Trump's presidential campaign, made personal appearances at several of the GOP candidate’s rallies, and pumped more than $100…

MondayDec 02, 2024 10:00 am

Revolutionary Battery Material Promises to Massively Boost EV Range

Swedish researchers have developed a revolutionary battery material with the potential to massively increase electric vehicle range. Developed by scientists at Chalmers University of Technology, the novel electric vehicle battery material could help to mitigate one of the largest barriers to EV adoption; range anxiety. EVs generally can't travel as far as petrol and diesel cars on a single charge (or a full tank). One of the reasons the average electric car has significantly less range than a comparable internal combustion engine (ICE) vehicle is its massive weight. Electric cars weigh around 30% more than ICE vehicles, largely due to…

TuesdayNov 26, 2024 10:00 am

EU Buyers Continue to Shy Away from BEVs, Opt for Hybrids

Recent vehicle sales data has revealed that buyers in the European Union are still shying away from pure electric vehicles in favor of hybrids. Figures from the European Automobile Manufacturers Association (ACEA) also show that there has been a slight increase in monthly electric vehicle registrations despite a modest reduction in year-on-year sales. October was a relatively good month for the EU’s vehicle segment as new vehicle registrations were up for the first time in several months, growing by 2.4% from the previous month’s sales. However, year-on-year sales dropped by 4.9% from October 2023 to October 2024, bringing electric vehicles’…

FridayNov 22, 2024 10:00 am

Companies Scramble to Make the Ideal EV Tire

With automakers pouring billions of dollars into electric vehicle research and development over the past several years, there have been notable efforts to develop the perfect tire for electric cars. On average, battery electric vehicles (BEVs) are much heavier, generate more torque, and accelerate faster than gas and diesel-powered cars. This puts a lot of strain on their tires and causes them to wear out faster, forcing EV drivers to replace them more frequently and increasing their overall vehicle maintenance costs. As a result, researchers are working hard to develop the ideal electric vehicle tire that can handle the specific…

ThursdayNov 21, 2024 10:00 am

Manufacturers Struggle to Implement EV Mass Production

More than a decade and a half after Tesla made history by unveiling the first mass-market battery electric vehicle (BEV), carmakers are still struggling to reach mass EV production. Tesla remains the only Western carmaker that can produce BEVs at scale and make a profit doing so, while the majority of established carmakers in the West are still saddled with extremely high development costs and making losses for every electric car they sell. Mass production typically reduces manufacturing costs over time by allowing manufacturers to spread their development costs across their expanding product lines. In the auto industry, manufacturers will…

TuesdayNov 19, 2024 10:00 am

Why EV Prices Could Rise Sharply During Trump’s Second Administration

President-elect Donald Trump's second administration will likely see battery electric vehicle prices rise across the majority of the U.S. automotive market, sparing only Tesla thanks to its position in the market. Elon Musk’s decision to endorse his sophomore presidential bid was controversial; the former President has repeatedly criticized the Biden administration's efforts to electrify the country's transport sector and promised to get rid of the federal EV subsidies if elected. Even though Trump toned down his anti-electric vehicle rhetoric after Musk's endorsement, he is still set to eliminate the $7,500 federal tax credit for EV purchases that has facilitated a…

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