FridayJan 08, 2021 10:45 am

Massachusetts Says No More New ICE Car Sales from 2035

The world is moving on from the combustion engine. In a bid to reduce carbon emission and our reliance on fossil fuels as well as clean up the air, more than 30 countries and cities have plans to ban the sale of new internal combustion engine (“ICE”) vehicles over the next two decades. Joining the list of future green territories, the state of Massachusetts recently announced that it will ban the sale of new ICE vehicles by 2035. Massachusetts made the announcement in its 2050 Decarbonization Road Map, which includes the reduction of carbon emissions from passenger vehicles. According to…

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ThursdayJan 07, 2021 11:00 am

What 2021 Could Hold for the EV industry

Although 2020 saw the world face a global pandemic as well as the worst economic crisis in close to a century, the nascent electric vehicle (“EV”) industry enjoyed increasing sales throughout the year. EV companies launched more than 34 new plug-in vehicles, and pioneering EV maker Tesla became the most valuable car company in the world. With 2020 now behind us, what does 2021 hold for the EV industry? Electric pickup trucks. With a 20% market share, the pickup truck is the most popular vehicle in the United States. Americans love their pickup trucks, and several EV makers have concluded…

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WednesdayJan 06, 2021 2:45 pm

Scientists Invent Solar Cell with Record-Breaking Efficiency

After more than a century, the world is finally starting to move away from fossil fuels in search of cleaner, more sustainable alternatives. Solar power has emerged as one of the most viable options, and for years, scientists have been refining the technology to increase power output while keeping overall costs low. Recently, a research team from Helmholtz-Zentrum Berlin (“HZB”), a research institute in Berlin, developed a novel solar cell that beat the world record for efficiency. The team combined silicon, the standard material in solar cells, and perovskite, a calcium titanium oxide mineral thought to have plenty of untapped…

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TuesdayJan 05, 2021 10:30 am

Startup Starts Offering EV Battery Health Reports

More than a decade after Tesla launched the Roadster, electric vehicles (“EVs”) are slowly becoming a common sight on the road. The United States currently has an estimated 1.6 million EVs on the road, and projections put 18.7 million electric vehicles on American roads by 2030. With the market for secondhand EVs sure to grow as demand for EVs increases, a pioneering start-up has started offering a service that will significantly aid car buyers looking for used electric vehicles. Individuals who want to purchase a used internal combustion engine (“ICE”) car rely on CARFAX for a vehicle history report to…

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MondayJan 04, 2021 2:15 pm

Survey Shows Americans Want More EV Options, Charging Facilities

The transport sector accounts for around 28.2% of total carbon emissions in North America. In a bid to cut down these emissions, reduce reliance on fossil fuels and improve air quality, several state governments have been considering banning the sale of new internal combustion engine vehicles in exchange for electric vehicles (“EVs”). Powered by clean, renewable energy, EVs produce zero emissions at the tailpipe, making them perfect for drivers keen on reducing their carbon footprint. However, EV adoption is far from universal, with the high upfront costs and range anxiety keeping most drivers from making the switch to electric vehicles.…

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ThursdayDec 31, 2020 1:44 pm

These Four Questions Can Boost Innovativeness in the EV Space

Much like the internet was in the early nineties, electric vehicles (EVs) are a new and highly disruptive technology today. Startups in the EV industry as well as larger, established automotive companies have been developing new technologies in the EV space, with firms such as Tesla Inc. (NASDAQ: TSLA) and Aptera making advancements that could completely change vehicular transportation. And speaking of Tesla, the pioneering EV firm has achieved plenty in just over a decade in the game. Tesla introduced the Roadster in 2008, proving that EVs are a viable concept, and the company has been refining its technology ever…

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ThursdayDec 31, 2020 1:25 pm

Net Element (NASDAQ: NETE), Mullen Merger Future Looks Bright with Projected Lower kWh Battery Prices

Experts predict average price per kilowatt-hour for batteries will hit $101 by 2021, resulting in lower EV prices Battery prices would make an EV “cheaper than a gas car to buy,” observes “Car and Driver” article Mullen making strong strides toward production of several EV models With the news from Bloomberg that the average price per kilowatt-hour for batteries is projected to hit $101 by 2021, it seems plausible that electric vehicles (“EVs”) may be comparable in price to gasoline-powered autos (https://ibn.fm/qofPF). That news paints a bright future for Net Element (NASDAQ: NETE), a global financial technology and value-added solutions…

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WednesdayDec 30, 2020 11:30 am

Timing of EV Battery Charging Could Lower Carbon Footprint Further

The future of transportation is electric. In a bid to reduce carbon emissions and improve air quality, several countries, cities and states have announced plans to gradually phase out internal combustion engine vehicles for emission-free electric vehicles (“EVs”). Transportation, specifically passenger sedans and SUVs, presently account for close to 20% of carbon emissions in the Unites States, and research has proven that switching to rechargeable EVs can reduce carbon emissions by a wide margin. According to a recent study published in “Environmental Science and Technology,” we can further reduce emissions by tackling one of the major issues still plaguing the…

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TuesdayDec 29, 2020 9:15 am

Solar Farms Could Give Aging EV Batteries a Second Life

Electric vehicles (“EVs”) represent the next frontier of vehicular travel. Powered by rechargeable lithium-ion battery packs, these vehicles produce zero emissions at the tailpipe, making them the ideal vehicle for a green economy. However, lithium-ion batteries lose their capacity over time, and by the time they hit 80% of their original range, they don’t have enough juice to avail the energy needed to propel an EV. As demand for and adoption of EVs increases, we will most likely see an influx of such used batteries. According to a new study, these batteries still have plenty of life left in them,…

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MondayDec 28, 2020 2:30 pm

Are Power Grids in Cities Ready for Widespread EV Uptake?

As part of a global push to reduce carbon emissions and improve air quality, several governments, cities and states have issued bans against the sale of internal combustion engine vehicles in favor of electric vehicles (“EVs”). Europe undoubtedly leads the race towards electrifying its roads thanks to its ambitious ICE vehicle bans, with at least seven European countries pledging to ban the sale of new ICE vehicles over the next 30 years. But as EV adoption increases over time, will power grids in cities be able to handle the increased demand for electricity? The European Union saw a 122% increase…

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