NewsRoom Articles - Page 74 of 117

FridayDec 17, 2021 2:00 pm

Fords Sets Two-Year Timeline for Earning Second Spot in EV Sector

Like most established automakers, Ford Motors is looking to electrify its vehicle line-ups and carve a section of the nascent electric vehicle (“EV”) market for itself over the next couple of decades. Ford has already released the award-winning Mustang Mach-E and is currently developing an electrified version of its bestselling F-150 pickup truck. Additionally, the Dearborn, Michigan-based automaker has invested $500 million in electric vehicle startup Rivian for more than 10% ownership. According to a Ford executive, the company is now looking to significantly ramp up EV production in the next couple of years. Ford plans on increasing electric vehicle production…

ThursdayDec 16, 2021 12:09 pm

BYD Partners with Toyota to Make Affordable EV

Although the race for electrification was kicked off by an electric vehicle (“EV”) startup, established automakers are also looking to make their mark in the nascent EV industry. Automakers such as Hyundai, General Motors and Ford have already released EVs while others that don't yet have electric cars on the road are working on extensive electrification plans. Now a report from Reuters claims that Toyota, which has been quite slow to join the electric bandwagon comparatively, is looking to build an electric car as well. According to Reuters, Toyota has partnered with Chinese manufacturing company BYD to develop a new…

WednesdayDec 15, 2021 11:14 am

Norway Again Proves EV Future Is Much Closer

The electric vehicle (“EV”) sector still has a long way to go. Presently, EV sales make up less than 5% of total car sales, and only a few automakers have manufactured mass-market electric vehicles. Still, more and more consumers are choosing to ditch their internal combustion engine (“ICE”) vehicles. Although America, Europe and China represent the largest electric vehicle markets in the world, Norway has consistently led the pack in per-capita electric vehicle adoption. Most of the electric vehicles in America are in urban areas. Electric car sales make up just 2% of total vehicle sales, with at least 40%…

TuesdayDec 14, 2021 11:30 am

New Trend to Watch: Enjoy Delivered Food While You Charge Your EV

Refueling a combustion engine car has been a fairly routine process for decades: drive to a gas station, refill the car, make a quick visit to the convenience store (if there’s one present) and drive away. In and out within a couple of minutes. On the other hand, electric vehicles (“EVs”) can take hours to fully recharge, with the fastest chargers adding 60 to 200 miles of range in around about a half hour. This makes for a completely different experience as drivers usually have to find something to do while their cars fill up. One of the largest elective…

MondayDec 13, 2021 10:07 am

Major Automakers Cash in on EV Revolution

The electric vehicle (“EV”) industry is poised to experience exponential growth over the next couple of decades as drivers ditch their internal combustion engine (“ICE”) cars for zero-emission EVs. As governments across the world pass greenhouse gas emissions standards, dozens of EV startups have emerged to try and fulfill the demand for sustainable vehicular transportation. Nearly a decade after Tesla’s Roadster hit the road, EV startups such as Tesla have a dedicated and loyal consumer base. With most startups coming up with new and often radical ideas, new customers eager to experience novel and sustainable technologies are flocking to them…

FridayDec 10, 2021 9:30 am

Governor Ivey Announces EV Push in Alabama

Alabama Governor Kay Ivey recently launched an electric vehicle (“EV”) campaign that will see the Southern state join the growing number of states with electrification plans. Under an EV education and marketing campaign, dubbed Drive Electric Alabama, the state will promote awareness about electric vehicles and increase the number of public EV charging stations. Charging has always been a hindrance to EV adoption because it exacerbates range anxiety, but Alabama is hoping to develop a wide charging infrastructure network right off the bat. Ivey was joined by the director of the Alabama Department of Economic and Community Affairs (“ADECA”) Keneth…

ThursdayDec 09, 2021 9:30 am

Chip Shortage Could Slow Transition to EVs

With extreme weather events ravaging different parts of the world, several countries have pledged to combat climate change by cutting their greenhouse gas emissions. Electric vehicles (“EVs”) are poised to play an integral role in reducing transportation emissions because they do not use fossil fuels, and they produce zero tailpipe emissions. Automakers, EV startups, and technology companies have invested billions of dollars in developing new electric vehicle models. However, the transition from internal combustion engine (“ICE”) cars to zero-emission vehicles could be held back by the worldwide chip shortage. When the coronavirus first struck and left the world in a…

WednesdayDec 08, 2021 9:30 am

Nissan to Inject $17.6 Billion into Switch to Electric Vehicles

The electric vehicle (“EV”) market is expected to grow exponentially as more people ditch their internal combustion engine (“ICE”) cars for electric cars. Although Tesla has dominated the EV market for a decade, the California-based firm company be dealing with significant competition in the near future. Several other EV startups, as well as established automakers, have thrown their hats into the electric vehicle race and are expected to release dozens of new EV models over the next five years. For instance, Japanese automotive giant Nissan has now announced that it also plans on investing billions of dollars in electrifying its…

TuesdayDec 07, 2021 11:08 am

Five Innovations to Yield Cleaner, Greener EVs

Electric vehicles (“EV”) use rechargeable lithium-ion batteries rather than internal combustion engines (“ICE”) and produce zero emissions at the tailpipe, making them the perfect cars for a carbon-neutral society. With several countries across the world looking to cut their greenhouse gas emissions, EVs are poised to replace ICE cars over the next couple of decades. However, while EVs produce zero carbon emissions, sourcing the rare minerals used in EV batteries has environmental and human rights impacts. These minerals are often mined in lower-income countries without much consideration for pollution and labor rights. On top of that, EV batteries aren’t usually…

MondayDec 06, 2021 9:30 am

Report Indicates Apple Inc. (NASDAQ: AAPL) May Launch Autonomous Car by 2025

With the nascent electric vehicle sector poised to grow exponentially over the next decade, a couple of firms companies that haven’t been in the automotive sector have thrown their hats into the electric vehicle ring. Amazon, for instance, has invested billions of dollars in Rivian, an EV startup that will build electric vans, pickup trucks and SUVs. A new report from Bloomberg indicates that Apple (NASDAQ: AAPL) is working on an autonomous electric vehicle that will launch in 2025. Although Apple hasn’t confirmed whether or not it will launch a self-driving EV by 2025, the Bloomberg report says that the…

Green Car Stocks provides insights and opportunities in the green transportation sector.

Contact us: (512) 354-7000