NewsRoom Articles - Page 63 of 126

WednesdayOct 05, 2022 11:15 am

The Automotive Industry Needs to Adjust Labor Force to Embrace EVs

The automotive industry is poised for a significant overhaul amid global efforts to cut carbon emissions and curb climate change. With transportation said to produce up to 30% of the world’s carbon emissions, dozens of countries have pledged to replace carbon-producing gasoline cars with zero-emission electric vehicles. But while green-energy proponents have argued that this move would significantly cut emissions from transportation, opponents say it could have untold consequences on the labor market. This is because electric vehicles use a rechargeable battery pack rather than internal combustion engines, meaning workers who specialize in manufacturing combustion engine parts may be rendered…

WednesdayOct 05, 2022 9:45 am

Mullen Automotive Inc. (NASDAQ: MULN) Partners with Global Pioneer in AWG Sector to Develop Water-from-Air EV Solutions

Mullen and Watergen are together developing technology to produce fresh drinking water from the air for in-vehicle consumer and commercial application Opportunities for air-to-water vehicle applications are endless, and Mullen is proud to work with Watergen on this game-changing technology This innovative tech is envisioned for Mullen’s fleet of EV cargo vans and can be utilized in both commercial and recreational vehicle settings A Car and Driver article points to climbing sales in the U.S. electric vehicle space as one of the signs that the country is accepting EVs (https://ibn.fm/2BclA). This growing acceptance is fueling Mullen Automotive (NASDAQ: MULN) commitment to…

TuesdayOct 04, 2022 10:14 am

More Federal Money Directed to States to Boost EV Charging Networks

Like most developed countries, the United States is looking to phase out traditional internal combustion (ICE) cars in favor of battery-powered electric cars. Electric vehicles are poised to play a major role in the switch to clean energy, with automakers and governments around the world pledging to invest billions of dollars in electrification over the next few decades. The U.S., which is home to major electric vehicle makers such as Tesla and Ford, has already invested billions of dollars into the development of a nationwide charging network via the massive infrastructure network. With part of his campaign based on clean-energy…

MondayOct 03, 2022 9:56 am

How to Prepare Your Home for an Electric Vehicle

Unlike regular cars, EVs are powered by electricity, meaning they can be “refueled” right at home. In fact, 70 to 80% of electric vehicle charging occurs at home or in workplace parking lots. All electric cars come with a level-1 charging plug. This charger can be plugged into a standard outlet but will charge your EV at an incredibly low rate. On average, it will take 40 to 50 hours to charge an electric car using a level 1 charger. Note that you will have to make sure that your home’s electric grid is up to the challenge of charging…

FridaySep 30, 2022 11:19 am

UK Survey Shows 63% of Motorists Are Reluctant to Buy EVs Because of Soaring Energy Costs

For dozens of countries across the world, electric vehicles represent a chance to fight climate change by curbing soaring carbon emissions. Since EVs run on rechargeable lithium-ion batteries, they produce zero emissions at the tailpipe. Experts have found that they produce significantly fewer emissions compared to traditional cars even if the electricity they use isn’t “clean,” making them suitable for economies looking to achieve net-zero emissions by 2050. However, most consumers have had one main complaint for the past decade or so: EVs are just too expensive. Even with subsidies meant to make EVs less costly, most drivers simply can’t…

ThursdaySep 29, 2022 11:14 am

IEA Projects That EV Sales Will Reach Record Levels in 2022

More than a decade after the first mass-market electric vehicle was unveiled, EVs are poised to play a critical role in reducing global greenhouse carbon emissions. Transportation is responsible for nearly 30% of carbon emissions worldwide, and world leaders are looking to cut these emissions by replacing conventional internal combustion (ICE) cars with zero-emission electric cars. Although EV sales make up a small percentage of total car sales, the International Energy Agency (IEA) believes that 2022 will be a record year for electric vehicle sales. In its annual Tracking Clean Energy Progress report, the IEA stated that several sectors have…

WednesdaySep 28, 2022 12:35 pm

Musk Announces Unveiling Date for Optimus, Tesla’s Human-Like Robot

Tesla Inc. (NASDAQ: TSLA) has been at the forefront of innovation for the past decade. It was the first company in the world to unveil a mass-market electric vehicle and has become the world's largest electric vehicle producer. Tesla also fought back against the car dealership model to sell cars directly to customers to some success and is working to equip its vehicles with cutting-edge software that will give its EVs self-driving capabilities. In the spirit of innovation, Tesla CEO Elon Musk announced a humanoid robot concept called Optimus in August last year. Speaking at the company’s annual AI Day,…

TuesdaySep 27, 2022 9:45 am

GM Inks Deal to Supply 175,000 EVs to Hertz Global

General Motors has entered into a deal that will see the Detroit-based automaker deliver hundreds of thousands of electric vehicles to rental car giant Hertz Global over the next half-decade. The automaker announced that it would begin supplying EV models such as the Chevrolet Bolt EUV and Bolt EV to Hertz beginning in early 2023. Both companies announced last week that General Motors will sell up to 175,000 electric cars to the rental car giant, with delivery expected to begin in the first quarter of 2023. The Chevrolet Bolt EVs will be followed by EV models such as the Chevrolet…

MondaySep 26, 2022 9:45 am

New EV Rebate Differences Could Overshadow Meeting Between Biden, South Korean President

As the race to complete electrification speeds up, U.S. authorities have become increasingly uncomfortable with America’s reliance on foreign nations in the nascent EV sector. Although American company Tesla was and still is the most dominant entity in the global EV market, a significant percentage of the electric cars on American roads are from overseas carmakers. Furthermore, the country’s electric vehicle battery production capacity pales in comparison to Asian countries such as China. As such, the Biden administration recently passed a law that would, among other things, bolster America’s budding electric vehicle industry by providing up to $7,500 in tax…

FridaySep 23, 2022 12:00 pm

EVs Could Bolster Strained Power Grid in the US

America’s electricity grid is quite vulnerable. Recent extreme weather events in states such as Texas and California have caused power disruptions and outages, underlying just how vulnerable the country’s grid has become. With the United States moving toward a more sustainable future, the grid is expected to take on even more pressure as thousands upon thousands of electric vehicles go online. However, automakers are working hard to ensure that electric vehicles don’t overwhelm the country’s electricity grid via the development of bidirectional charging technology. This technology allows electric vehicle batteries to discharge power back into the grid. So how exactly…

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