NewsRoom Articles - Page 80 of 117

FridaySep 24, 2021 10:30 am

Could Sodium-Ion Batteries Provide EV Tipping Point?

With several countries around the world looking to replace the fossil fuel-powered vehicles on their roads with zero-emission electric vehicles (“EVs”), the battery technology space is poised to be a major sector. Presently, electric vehicles are powered by rechargeable lithium-ion batteries, but many experts doubt whether the battery makers will be able to make enough EV battery packs to support an influx of electric vehicles. This is because the minerals that are used to build li-ion batteries such as lithium and cobalt are quite scarce, and since the industry hasn’t figured out an effective way to recycle these batteries from…

ThursdaySep 23, 2021 10:30 am

American Automakers Criticize New EV Bill

Several American automakers are displeased with a proposed electric vehicle (“EV”) bill that would make unionized automakers eligible for extra electric vehicle subsidies. A few days ago, the Democrats proposed an updated version of the current EV incentives program that would remove the limit on the number of vehicles a single automaker can sell with subsidies and introduce a higher payout of up to $12,500, with unionized automakers that produce electric vehicles and trucks locally being eligible for an additional $4,500 subsidy. The bill has been roundly criticized by Tesla, Toyota Motors and other auto companies that will miss out…

WednesdaySep 22, 2021 10:30 am

BYD Looks Set to Revolutionize Public Transport

Electric vehicles (“EVs”) are poised to take over the world’s roads in the coming decades, replacing internal combustion engine vehicles and helping nations cut down on their carbon emissions. However, although several governments around the world have been pushing for residents to ditch their fossil fuel-powered vehicles for zero-emission electric cars, car owners have been slow to adopt EVs due to a variety of reasons. Some experts say that fleets, rather than passenger vehicles, will be the catalyst for mass EV adoption, and automakers and authorities should include these prospects in their electrification plans. One company that seems to have…

TuesdaySep 21, 2021 10:30 am

How to Keep an EV Trouble-Free

Thanks to more than a century of industrialization and human-caused global warming, zero-emission electric vehicles (“EVs”) are poised to become the dominant vehicles on our roads as large sections of the world grapple with extreme heat and blistering cold. Transportation accounts for a large percentage of total carbon emissions, making electric vehicles, which are powered by rechargeable lithium-ion batteries rather than internal combustion engines, a great way to curb greenhouse emissions from the sector. However, EVs are an entirely different beast from the vehicles we have become accustomed to, and taking care of one will require a much more different…

MondaySep 20, 2021 10:03 am

Democrats Table Enhanced Federal EV Rebate Plan

Ever since President Joseph Biden assumed office, his administration has made it clear that electrifying America’s roads will be a top priority. Biden spent his first months in office working on and subsequently unveiling a gargantuan infrastructure bill that would invest billions of dollars into beefing up the country’s woefully inadequate electric vehicle (“EV”) public charging infrastructure. This was followed by a recent announcement by the White House stating that the government was looking to achieve 50% electric vehicle sales by 2030 in a bid to meet emission standards. Now the Democrats, who have a majority in both the House…

FridaySep 17, 2021 1:59 pm

Five Benefits of Electrifying Commercial Vehicle Fleets

A large portion of the world is quite keen on replacing fossil fuel vehicles with zero-emission electric vehicles (“EVs”) amid the increasingly apparent effects of climate change and global warming. Although several territories have pledged to steadily reduce internal combustion engine (“ICE”) vehicle sales over the next few decades, EV adoption is still significantly low. Electric vehicles tend to be too expensive for the average consumer, and charging can be quite a hassle thanks to an insufficient and often unreliable public charging network, hindering the adoption of passenger electric vehicles by individual drivers. Fleets, however, can avoid these pitfalls thanks…

ThursdaySep 16, 2021 12:31 pm

Ideanomics Inc. (NASDAQ: IDEX) Growing its Strategic Advantage as a Global Provider of EV Mobility Solutions with the Appointment of New President of its Mobility Division

Robin Mackie new President of Ideanomics Mobility, as of September 8, 2021 Mackie will help the company to make the most out of its acquisitions, driving growth on its path to a zero-emission future He will also help Ideanomics expand its global talent pool to further develop its key advantage as a global provider of EV mobility solutions Mackie brings a wealth of knowledge and decades of experience in the EV sector On September 8, 2021, Ideanomics (NASDAQ: IDEX) announced the appointment of Robin Mackie as the new President of Ideanomics Mobility. Before he was appointed President, Mr. Mackie served…

ThursdaySep 16, 2021 10:30 am

Toyota Motor Corp. (NYSE: TM) Plans to Inject $13B into Developing EV Battery Tech

As the world starts to move on from the internal combustion engine, established automakers are making massive investments in electrification. Toyota Motor Corp. (NYSE: TM), which revolutionized the auto industry after it introduced the hybrid Toyota Prius more than two decades ago, has announced that it expects to spend more than $13 billion by 2030 developing electric vehicle (“EV”) batteries as well as a battery supply mechanism. EV batteries are still a work in progress, with automakers and battery makers working to develop lighter, energy-dense batteries, and Toyota’s investment will be instrumental in cementing the Japanese automaker’s spot in the…

WednesdaySep 15, 2021 12:30 pm

Wireless Charging Has Potential to Speed Up EV Uptake

Electric vehicles (“EVs”) have been crowned as the successor of the internal combustion engine vehicles, which have dominated the roads for more than a century. Climate change and global warming have necessitated the switch from fossil fuel-powered cars to zero-emission electric cars, and several territories around the world have issued mandates to ensure this transition happens over the next couple of decades. However, one issue that has consistently stood in the way of mass EV adoption and is poised to be a major problem moving forward is EV charging. America’s public EV charging infrastructure is insufficient and unreliable; in addition,…

TuesdaySep 14, 2021 12:25 pm

Mercedes Benz Unveils EV Lineup Ahead of IAA Mobility Show

With territories around the world looking to replace the fossil-fueled cars on their roads with zero-emission electric vehicles (“EVs”), a ton of EV startups have thrown their hat into the ring. German automotive brand Mercedez-Benz is the latest company to announce plans to jump into the deep end of the burgeoning electric vehicle space. Tesla has been the most successful so far, but legacy automakers such as Mercedes, Ford, Volkswagen and Volvo, which have decades of experience, have been giving the California-based EV pioneer a run for its money. As part of its years long plan to become an all-electric…

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