NewsRoom Articles - Page 88 of 133

ThursdayJan 13, 2022 9:30 am

EVs Commanded 65% Market Share in Norway in 2021

Electric vehicles (“EVs”) may be among the most popular emerging technologies, but we are still a long way from mass adoption. Although several countries around the world have pledged to transition from internal combustion engine vehicles to zero-emission electric cars in a bid to cut their greenhouse gas emissions, EVs still make a very small percentage of total vehicle sales. This is mainly due to their high upfront costs as well as limited public charging infrastructure. Norway, however, is leading the charge on EV adoption. Although the Scandinavian country makes for a small market in terms of raw numbers, especially when…

WednesdayJan 12, 2022 9:35 am

Why the 12-Volt Battery Is Unlikely to Disappear as EVs Take Root

Electric vehicles (“EVs”) are an elegant evolution of the traditional fossil fuel cars we are used to. Rather than a noisy combustion engine, electric cars rely on a whisper-quiet electric motor coupled with a lithium-ion battery for power and movement. Eliminating the combustion engine and the fossil fuels that power it makes EVs extremely clean because they do not produce carbon emissions at the tailpipe. However, did you know that EVs retain a component from their fossil fuel counterparts that plays an extremely important role? Alongside the high-voltage battery pack installed at the bottom, most electrified vehicles also feature a…

TuesdayJan 11, 2022 9:30 am

Carmakers Prepare for Partly Online 2022 CES Show

It has been nearly two years since the coronavirus pandemic first broke onto the scene and threw the entire globe into disarray. Faced with the threat of a deadly virus, countries shut down their borders and issued lockdown orders that saw most companies either reduce or halt their operations altogether. Gatherings of any kind were out of the question, thus relegating the 2021 Consumer Electronic Show (“CES”) to 100% virtual attendance. Now that the 2022 CES is approaching and the end of the pandemic is nowhere in sight, this year’s show will barely feature in-person attendance as well. Still, automakers…

MondayJan 10, 2022 1:31 pm

New Analysis Shows EVs Less EcoFriendly to Make Prove Sustainability Credentials in a Year

Electric vehicles (“EVs”) are poised to play a significant role in transportation as numerous countries around the world strive to cut down their greenhouse gas emissions. Unlike conventional diesel-powered vehicles, electric cars rely on a rechargeable lithium-ion battery and an electric motor rather than an internal combustion engine. By eliminating fossil fuels, electric vehicles produce minimal emissions at the tailpipe, making them the perfect vehicle for a green economy. According to a new study, however, electric vehicles aren’t as carbon free as many people may think. The analysis found that compared to diesel- and petrol-powered cars, producing electric vehicles is…

FridayJan 07, 2022 11:12 am

Mullen Automotive Inc. (NASDAQ: MULN) Receives Rave Reviews Following Debut at LA Auto Show; Mullen FIVE RS Aims to Be World’s Fastest EV

Mullen Automotive launched the Mullen FIVE EV Crossover at the recent LA Auto Show, with the vehicle winning the auto show’s ZEVA(R) award for top all-electric SUV The Mullen FIVE has seen a spike in popularity following its debut, with the carmaker recently opting to lift the initial reservation limit to 25,000 vehicles The future Mullen FIVE’s RS is being modeled to usurp Tesla Model S Plaid’s title as the world’s fastest EV, with the ability to accelerate from 0-62 mph in a mere 1.9 seconds Mullen Automotive has recently entered a partnership with Germany's ARRK to support the engineering…

FridayJan 07, 2022 11:06 am

The Goodyear Tire & Rubber Company (NASDAQ: GT) Unveils Tire Model Designed for Electric Vehicles

Electric vehicles (“EVs”) will be a force to reckon with in the next couple of decades. Since they produce zero emissions at the tailpipe, EVs are the perfect vehicle for an economy that prizes sustainable energy and minimizes waste. At the moment, however, they comprise less than 2% of global car sales. Despite the role electric vehicles are projected to play in the future of transportation, the technology is still relatively new. For instance, did you know tire considerations are different when it comes to EVs? With a traditional gas-powered car, the goal is to find a tire that can…

ThursdayJan 06, 2022 2:36 pm

Game On in Race for Top Spot in the EV Industry

Electric vehicles (“EV”) may be a relatively new technology, but EVs are poised to take over the transportation sector over the next couple of decades. With a large section of the world hell-bent on reducing emissions from the transportation sector, we are looking at a future where a large chunk of the cars on the road are zero-emission EVs. For the past decade or so, Tesla has been the most dominant EV maker in the game, proving that it’s possible to develop and mass produce electric cars, and selling more EVs than any other company. However, Tesla may not be…

WednesdayJan 05, 2022 9:30 am

2022 Looks Set to Build on 2021 EV Sector Success

The past couple of years have been great for the nascent electric vehicle (“EV”) sector. Despite the emergence of a global pandemic coupled with a financial downturn, 2020 saw consumers around the world buy and register 3 million EVs, a 41% improvement in electric vehicle sales from 2019. As 2021 rolled in, market enthusiasm for zero-emission vehicles grew even more as established automakers unveiled plans to electrify their vehicle lineups and the federal government passed resolutions that would increase the adoption of these vehicles. President Joseph Biden based part of his campaign on electrification and clean energy, and as soon…

TuesdayJan 04, 2022 9:30 am

Georgia Offers Record-Setting Incentive Package to Rivian Automotive Inc. (NASDAQ: RIVN)

The race to complete electrification is heating up. While electric vehicle (“EV”) startups such as Tesla showed the world that it was possible to mass produce zero-emission electric cars, the nascent EV market is now seeing an influx of competition from startups such as Rivian Automotive Inc. (NASDAQ: RIVN) as well as established carmakers. Rivian recently went public in one of the largest IPOs in history and achieved a valuation of more than $100 billion. The California-based electric truck maker is now working on its first electric offerings, including the electric Rivian R1T pickup truck, which will hit the market…

MondayJan 03, 2022 9:30 am

NYPD Considers Buying 250 Tesla Inc. (NASDAQ: TSLA) Electric Vehicles

If Bloomberg is to be believed, the NYPD may have joined the growing number of police departments across the country that are considering adding electric vehicles (“EVs”) to their fleets. President Joe Biden recently announced via an executive order that the entire federal fleet is to be fully electrified over the next few decades, completely eliminating the purchase of new internal combustion cars by 2035. The order required that every federal agency with at least 20 cars develop a strategy to electrify their fleets and update it annually. Although this order doesn’t include state and city police departments, several of…

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