NewsRoom Articles - Page 60 of 134

ThursdayMar 16, 2023 1:20 pm

Biden Meets EU Commission President Over EV Subsidies

President Joe Biden and European Commission President Ursula von der Leyen recently announced an agreement to begin talks over the usage of minerals in Europe that are essential in producing batteries for electric cars that qualify for subsidies in the United States. This agreement could benefit the electric auto industry. The two presidents decided to begin negotiations to resolve disputes between the United States and European Union over the EV subsidies that are included in America's $375-plus billion renewable energy act, which was enacted in 2022. The act provides subsidies for purchases of cars that are built mostly in the…

WednesdayMar 15, 2023 11:07 am

How Norway Became a Global Example of Rapid EV Penetration

When Magnus Korpas, who lives in Trondheim, purchased a fully electric vehicle for the first time in 2019, he decided on a Tesla since there were multiple charging points nearby at that particular time. However, the government in Norway intervened fast to guarantee that charging stations were accessible and evenly distributed. In 2011, it had spent €7 million ($7.47 million) to install 1,900 charging stations. Unsurprisingly, the professor noted that electric vehicles are a fairly common sight in Norway nowadays. For three years now, Norway has steadfastly worked to transition its fleet to electricity by encouraging customers to purchase electric…

TuesdayMar 14, 2023 12:32 pm

Poll Shows US Pest Controllers Slow in Switching to EVs

Although the use of electric vehicles has considerable potential for an industry that is based on routes, such as pest management, acceptance has been sluggish. No more than 25% of its fleet of cars, according to 96% of those who responded to a recent Pest Control Technology poll by readers, are electric. While speaking during an interview conducted by PCT in May 2021, Bobby Leon, Akita Pest Control owner in Lancaster, Pennsylvania, had indeed bought an electric car — a Chevy Bolt — for the first time; Leon stated that his plan was to replace the company’s current fleet of…

MondayMar 13, 2023 12:36 pm

The Top Five EVs According to Crash Tests

When electric cars began to proliferate in the automobile industry at a quicker pace, safety was and has always been a top concern for potential buyers. The Insurance Institute for Highway Safety (IIHS), a well-known vehicle safety organization, presented evidence that electric vehicles have become just as safe as traditional ones. Actually, according to a review of insurance evidence, accident claims are less common for electric vehicles. This information is two years old. A sizable number of electric vehicles received the reputable IIHS Top Overall Pick honors in 2022 through 2023. Those who won underwent meticulous crash tests, much like…

FridayMar 10, 2023 11:21 am

Could IoT Address Buyer Concerns About EVs?

Even with the governments stating that by 2030, 50% of total sales of newly purchased cars should be electric vehicles and companies making significant goals for turning mostly electric, there appear to be roadblocks in the way. For instance, both the private and public sectors will need to invest billions of dollars in charging points and batteries, as well as automobiles. A scarcity of charging points, electric vehicle travel range anxiety, and the expense of finding, acquiring, and maintaining the developing machines all contribute to the slowdown in EV adoption. However, the industry hopes to quickly allay the majority of…

ThursdayMar 09, 2023 1:07 pm

British Automaker Aston Martin to Debut First EV in 2025

Aston Martin is about to experience some exciting milestone. The Drive reports that the British automaker will soon update its selection of sports vehicles. By the year 2025, the company will debut its first all-electric vehicle as part of the plan. The revamp news was conveyed by Lawrence Stroll, who gave a tantalizing glimpse into the company's future during the presentation of the financial reports for the year ending 2022. Although he avoided providing specific details of the cars that will comprise the new range, they will likely be new iterations of the DBS, DB11 or Vantage, and possibly even…

WednesdayMar 08, 2023 1:16 pm

Scientists Scramble to Address Cold Weather Performance Issues in EV Batteries

Researchers are working hard to develop novel battery technologies that increase electric vehicle range in cold climates compared to the current li-ion batteries. The range of electric car batteries is reduced in cold weather; hence, longer journeys may be challenging during the colder seasons. It's a challenge that certain electric passenger car owners and the officials in the transport sector around the world are experiencing in freezing areas. At 20°F (-7°C), electric vehicles simply don't travel to the extent that is expected at the ideal 70°F. One reason is that using conventional technologies to warm the car depletes the battery.…

TuesdayMar 07, 2023 1:27 pm

VinFast Reduces Lease Prices for First Clients in the US

VinFast, a Vietnamese manufacturer of electric vehicles, has reduced the leasing price by more than one-half for its first vehicles to be shipped to America, with shipments scheduled for this week, as reported by Reuters. VinFast, a Vingroup JSC (VIC.HM) subsidiary, indicated that in January the first VF8 fully electric crossovers would be made available for leasing at a rate of $599 per month for two years. However, most recently the company website indicated that the cost of leasing a vehicle for a two-year period would be $399 per month. According to Reuters, Vinfast informed customers who had made refundable…

MondayMar 06, 2023 1:45 pm

New Study Faults Companies for High EV Leasing Costs

Battery electric vehicle leases are overly priced, according to a recent T&E study of the used vehicle market. The European leasing deals for battery electric vehicles typically cost 57% more than deals for similar petrol versions. For instance, the monthly lease for a gas-powered Peugeot 208 is 371 euros ($393), while the monthly lease for an electric one is about 574 euros ($609). The research reveals that the resale price of BEVs is comparable to that of diesel and gasoline vehicles. High lease fees signify a greater expectation that battery electric vehicles will lose value over the course of the…

FridayMar 03, 2023 11:11 am

Nissan Looks to Amp Up Its EV Game

In an effort to catch up in an industry dominated by automakers such as Tesla, Nissan has increased its sales targets for electrified vehicles and unveiled a number of forthcoming all-electric and e-Power hybrid vehicles that are already in development, as well as plans to enhance American powertrain manufacturing. The Japanese automaker, which pioneered the EV market with its Leaf all-battery model, had struggled as have many other legacy automakers as a result of growing rivalry from more agile newcomers. But now, Nissan has promised that it would introduce 27 brand new electric vehicles (EVs), 19 of those being fully…

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