NewsRoom Articles - Page 44 of 125

ThursdayJun 08, 2023 2:55 pm

How EV Technology Triggers Energy System Transformation

The swift growth of electric automobiles has not only upset the transportation sector, it is also revolutionizing power systems across the globe. As the adoption of electric vehicles grows, the manner in which power is produced, shared and utilized has to change substantially. This transformation is being pushed by advancements in electric vehicle technology, which will allow for a power system that is more effective and viable. V2G technology is among the fundamental ways in which electric vehicles (EVs) are revolutionizing power systems. This vehicle-to-grid technology permits electric automobiles to interact with the electrical grid, allowing them to consume power…

WednesdayJun 07, 2023 1:55 pm

Ford, Tesla Charging Deal Takes EV Industry by Surprise

Ford Motor and Tesla CEOs Jim Farley and Elon Musk made an announcement via a real-time audio conversation on Twitter Spaces on Thursday that the two automakers will collaborate on efforts relating to EV charging for both future as well as present models. In line with the agreement, Ford electric vehicles will be able to utilize an adaptor to access more than 12,000 superchargers owned by Tesla located throughout Canada and the United States beginning early 2024. Ford's upcoming electric vehicles, which are anticipated to be released in 2025, will come with a Tesla plug for charging. This plug will…

TuesdayJun 06, 2023 3:14 pm

UK Company Develops ‘Solar Trees’ to Charge EVs

Parking lots and retail centers within the United Kingdom could soon be adorned with solar-powered metal trees canopy reaching seven meters in height. These structures, which are being used as sources of electric vehicle charging power, were developed by SolarBotanic Trees, a British startup. The structures are capable of harvesting the energy from the sun through nano photovoltaic leaves and storing that energy in batteries installed inside the tree trunk. The company just finished the half-size prototype of the gadget and is now planning to develop and test a full-scale prototype before commencing production for market by the year's end.…

MondayJun 05, 2023 2:22 pm

Gigafactory in France to Dent Chinese Dominance of EV Battery Production

France is launching the first electric vehicle battery plant in an effort to reindustrialize the nation and catch up with producers from China in a flourishing industry. The gigafactory, located in the northern part of France, would be one of the first factories in Europe to produce electric vehicle batteries, an industry that has historically been controlled by China. Automotive Cells Company (ACC Group), a partnership composed of Mercedes-Benz, Total Energies and Stellantis, which has brands such as Peugeot, Chrysler and Fiat, owns the battery plant that will be opened at Billy-Berclau in the northern region of France. The French…

FridayJun 02, 2023 12:12 pm

Mercedes-Benz Sets Sights on Being Most Desirable EV Brand

Mercedes-Benz is seeking to dethrone Tesla as the leading luxury electric vehicle maker. The company is expanding its own charging infrastructure, speeding up the electrification of the fleet and equipping its cars with Level 3 self-driving technologies. The goal of Mercedes, according to Dimitris Psillakis, is very clear: to emerge as a highly coveted, luxurious electric auto brand. To do this, a balance must be struck between excellent products, fantastic design and helpful service. Psillakis, who is assisting in managing the strong drive toward electric vehicles, stated that the company does not view Tesla as a luxury rival but rather…

FridayJun 02, 2023 9:45 am

Mullen Automotive Inc. (NASDAQ: MULN) Inks Class 3 Truck PO, Purchase Agreement in Continued Upward Momentum

MULN received an order for one thousand class 3 trucks from its dealer partner, Randy Marion Automotive The company is excited about entering the next phase of its commercial launch with the Mullen THREE Mullen inked a $15 million vehicle purchase agreement with the MGT Lease Company for 250 class 3 cab chassis EV trucks On the heels of several purchase agreements and orders, Mullen Automotive (NASDAQ: MULN) is experiencing impressive momentum as it continues to focus on growing in the electric vehicle space. Most recently, the company received a 1,000-unit purchase order (https://ibn.fm/2tLyU) and announced a $15.7 million vehicle purchase…

ThursdayJun 01, 2023 12:31 pm

Six Factors to Consider Before Buying an EV

As a growing number of people become increasingly aware of their impact on the environment, the search for ways to support sustainably has led to energy-efficient vehicles, such as EVs, becoming popular as the years go by. Several factors are important to take into account in order to make a good choice if you are shopping for one of these environmentally friendly electric vehicles. The range: How far the vehicle can go on one charge is an essential factor in deciding to purchase a car powered by electricity. As far as range is concerned, electric vehicles are making steady progress,…

WednesdayMay 31, 2023 11:50 am

New Volkswagen Battery Could Double Current EV Range

A battery company seeks to become the world's first manufacturer of batteries for electric cars with a maximum range of up to 1,000 kilometers, approximately twice today's standard. Gotion High Tech, a Volkswagen supplier with headquarters in China, revealed the new Astroinno L600 LMFP battery during the company's yearly technology summit and stated that it will begin major production in 2024. The LMFP battery, according to the manufacturer, has 4,000 charging and discharging cycles, which makes it ideal for use in regular electric automobiles. It has already completed all required safety testing. With a single charge, this battery can travel…

TuesdayMay 30, 2023 1:38 pm

Tesla Starts Selling China-Made EVs in Canada

Tesla is now selling its Model 3 and Y EVs in Canada; these are models produced in China. According to a confirmation post on its website, the first electric vehicle shipments from Tesla’s Shanghai manufacturing plant to North America have been completed. The website displayed Model Y vehicles with rear-wheel drive as well as the long-range, all-wheel-drive Model 3, available to be delivered in British Columbia immediately. The production codes indicated that the vehicles came from Tesla's Gigafactory in Shanghai. The two models are eligible for federal subsidies of C$5,000 within Canada, which isn’t the case in the Unites States.…

TuesdayMay 30, 2023 10:30 am

Mullen Automotive Inc. (NASDAQ: MULN) Strengthens Position in Growing EV Market

The market for EVs has grown rapidly in recent years and is expected to continue growing at a fast pace over the coming decade MULN’s two manufacturing facilities are gearing up for increased production volume The company is meeting noteworthy milestones with each of its EV brands As the EV market steadily rises in the coming years, Mullen Automotive (NASDAQ: MULN) is positioning itself to be a strong player in the space. The Southern California–based automotive company recently released a corporate update outlining the impressive growth it has seen in the past few months (https://ibn.fm/nhIqM). “The market for electric vehicles…

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