NewsRoom Articles - Page 17 of 128

FridayJan 10, 2025 10:00 am

Hyundai In, VW Out as America Changes its Electric Vehicle Tax Credit List

Volkswagen electric vehicles no longer have access to tax credits in the U.S. after the U.S. Department of Energy updated the list of eligible EVs. On the other hand, EVs manufactured by South Korea’s Hyundai Group, as well as the Tesla Cybertruck, joined the list and can be purchased with a subsidy. Electric vehicle prices have been the primary barrier to EV adoption since the Tesla Roadster was first unveiled a decade and a half ago. As a result, several governments worldwide have deployed subsidies and incentives to make electric cars more affordable to average consumers and spur electric vehicle…

TuesdayJan 07, 2025 10:00 am

VW Leak Compromises the Location Data of 800,000 EVs

A recent report from a German news magazine has revealed a massive Volkswagen leak that left the data of 800,000 electric vehicles exposed for several months. According to Der Spiegel, the months-long data leak exposed the phone numbers, email, and even physical addresses of some drivers. The leak raises questions about the safety of consumer data that companies have been collecting in increasing amounts over the past few years. Der Spiegel was first notified of the data leak by a whistleblower and the Chaos Computer Club, Europe's largest association of hackers. The German news magazine says the data leak occurred…

FridayJan 03, 2025 10:00 am

Why the US Should Retain the Federal EV Tax Credit

President-elect D. Trump's second administration could have major repercussions for America's nascent battery electric vehicle (BEVs) industry. The incoming president has made his disdain for Biden's EV-related investments clear, and his administration is set to get rid of the $7,500 federal tax credit for EV purchases. The credit has been a godsend for both consumers and automakers by making electric cars more affordable for buyers and helping carmakers sell their often pricey electric cars. However, Trump is opposed to all things related to green energy, BEVs included, and has vowed to reverse all of the outgoing administration's EV policies once…

ThursdayJan 02, 2025 10:00 am

Hertz Offers Steep Discounts to Renters Interested in Buying Their EVs

Hertz is selling its battery electric vehicles (BEVs) at steep discounts to interested renters. The car rental giant began the sale in November and is set to offload at least a third of its electric vehicle fleet. According to a 2023 statement from Hertz, lower demand for electric vehicle rentals coupled with high maintenance costs informed the renter's decision to minimize its massive fleet of electric vehicles. Recent reports have stated that renters who are currently renting a Hertz EV can snag these cars at massive discounts. Hertz is reportedly reaching out to these customers and inquiring if they would…

FridayDec 27, 2024 10:00 am

American Firm Unveils Innovative EV Battery That Needs 10 Minutes to Fully Recharge

An American firm has unveiled electric vehicle battery technology that could speed up EV charging rates significantly and allow EV drivers to charge their cars in as little as 10 minutes. New York-based Sionic Energy has designed a novel EV battery that uses a 100% silicon anode rather than the graphite that's used in most lithium-ion battery configurations to super-boost its energy density. Sionic Energy developed the battery with the help of silicon battery material manufacturer Group14 Technologies which is set to ramp up production of a silicon-carbon composite dubbed the SCC55. The firm found that silicon anodes increase energy…

ThursdayDec 26, 2024 10:00 am

Recent Battery Breakthrough Could Revolutionize EV Industry

Dalhousie University researchers have made a battery breakthrough that could potentially revolutionize the struggling electric vehicle sector. While battery electric vehicles or BEVs are expected to replace internal combustion engine (ICE) cars as the world's primary mode of vehicular transportation, they are still a work in progress. Using the University of Saskatchewan's Canadian Light Source, Dalhousie University and University of Saskatchewan scientists have discovered a new type of battery that can retain 80% of its original capacity after 20,000 charging cycles or 8 million kilometers. With current U.S. regulations stating that electric vehicle batteries should retain at least 80% of…

FridayDec 20, 2024 10:00 am

Incoming Trump Team Plans to Undo Biden Policies Favoring EVs

The transition team behind President-elect Donald Trump has revealed that the incoming administration has plans to undo the outgoing administration's EV policies. Trump has been extremely critical of electric cars and the billions of dollars the Biden administration has invested into EVs, green infrastructure, and clean energy as a whole. During his second presidential campaign, Trump promised to rescind all unspent funds that had been dedicated to advance green energy goals. With the new administration just weeks away from taking over officially, Trump's team states the controversial billionaire plans to cut off all support for electric cars and charging stations…

ThursdayDec 19, 2024 10:00 am

Stanford Study Suggests Current EV Battery Lifespan Could Be 40% Longer

A recent study from Stanford University Precourt Institute for Energy and the SLAC National Accelerator Laboratory has found that the average lifespan for electric vehicle batteries could be 40% longer than manufacturers expected. Researchers at the SLAC-Stanford Battery Center, a joint initiative between the SLAC National Accelerator Laboratory and the Precourt Institute for Energy found that existing EV batteries could remain functional for much longer than initially forecasted, suggesting that EV drivers may spend less on battery repairs and replacements. On average, an electric vehicle battery will cost roughly a third of the vehicle's total value, making it the most…

TuesdayDec 17, 2024 10:00 am

Q3 Sees EVs Claiming a 9% Share of US Vehicle Sales

With the year drawing to a close, sales data has revealed that battery electric vehicles (BEVs) claimed an almost 9% share of total light-duty vehicle sales in the U.S. in Q3 2024. According to the U.S. Energy Information Administration (EIA), BEVs, plug-in hybrids, and hybrid electric cars added up to 21.1% of new vehicle sales in the third quarter of the year, with fossil fuel vehicles accounting for the rest. Wards Intelligence estimates show that the combined share of BEVs, hybrids, and plug-in hybrids jumped from 19% of all light-duty car sales in the U.S. in Q2 2024 to 21.2%…

FridayDec 13, 2024 10:00 am

Universal EV Charging Set to Be Launched Next Year

Electric vehicle drivers across most major markets are set to say goodbye to EV app folders and time-draining pre-charging procedures thanks to the introduction of a new universal electric vehicle charging set. Launching in 2025, the universal charging set has the support of most of the auto industry’s top EV makers as well as the world's preeminent charging networks. It would allow EV drivers to pull into nearly any EV charging station, plug into any charger, and recharge their cars as easily as a conventional gas-powered car can fill up at any station. This will be a major game changer…

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