NewsRoom Articles - Page 88 of 130

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…

FridayDec 03, 2021 9:30 am

Fisker Inc. (NYSE: FSR) Unveils First Fully Electric SUV

Over the next decade, automakers and electric vehicle (“EV”) startups alike will unveil dozens of new electric vehicle models. As the government looks toward achieving a carbon-neutral future, EVs have emerged as one of the best ways to reduce fossil fuel use and cut down greenhouse gas emissions. Companies in the automotive sector have already invested billions of dollars in developing new electric vehicles for the EV market, which still makes up just a fraction of total vehicle sales. Fisker (NYSE: FSR), a California-based EV startup with backing from global alternative investment management firm Apollo Global Management, has unveiled a…

ThursdayDec 02, 2021 9:30 am

EVs in the Limelight at LA Auto Show

Auto shows have always been a great way for automakers to increase brand awareness and drum up sales. Once the coronavirus pandemic struck and large sections of the country shut down, shows such as the Los Angeles Auto Show were put on hold. Now that the country is opening up and the economy is regaining some of its lost steam, the Los Angeles Auto Show is back on, and electric vehicles (“EVs”) are poised to play a big role. With the United States looking to reduce its reliance on fossil fuels and cut down its carbon emissions, plenty of automakers…

WednesdayDec 01, 2021 9:30 am

Purdue Researchers Develop Five-Minute EV Charger

Engineers working at Purdue University say they have come up with a game-changing technology that could revolutionize electric vehicle (“EV”) charging. Presently, EVs take longer to charge compared to refueling a conventional gas-powered car. Tesla Superchargers are currently the fastest EV chargers on the market, and they take around 30 minutes to an hour to charge a battery to 80%. With funding from Ford, engineers have invented a new charging cable that could speed up charging time to only five minutes. If this technology reaches mass production, it could make EV charging as quick and efficient as fueling a gas…

TuesdayNov 30, 2021 9:30 am

EV Economy to Create Jobs, Contrary to Existing Fears

Although the electric vehicle (“EV’) sector currently makes up a small percentage of total vehicle sales, it is poised to experience exponential growth over the next couple of decades. Several countries around the world have pledged to cut emissions from vehicular transport by steadily replacing the internal combustion engine (“ICE”) vehicles on their roads with zero-emission electric cars. But as EV startup companies and established automakers prepare their facilities in readiness for ramped-up EV production, there have been increasing fears about low-skilled factory workers losing their jobs. After all, electric vehicles have fewer components compared to conventional vehicles, and as…

MondayNov 29, 2021 9:30 am

High-Speed EV Racing Helping to Advance Technology

Electric vehicle (“EV”) technology is constantly evolving. With the EV industry being only a decade old, the technology used to power EVs is still in its infancy. Researchers are constantly working to increase battery capacity and charging speed, make EVs more aerodynamic and optimize software. High-speed EV racing competitions have emerged as quite an effective means of showcasing electric vehicles and advancing EV technology. These events allow developers to put new tech to the test under extreme conditions to find out their limits and how they can be improved. Formula E, for instance, is an international championship for battery electric…

WednesdayNov 24, 2021 9:30 am

BBB Offers Buyers Tips on Choosing an EV

If you’re thinking about ditching your internal combustion engine (“ICE”) vehicle for an electric vehicle (“EV”), you probably aren’t the only one wrestling with the decision. As the effects of more than a century of industrialization become clearer, countries around the world are pledging to cut their carbon emissions to help mitigate the fallout of human-caused climate change. Zero-emission EVs are poised to play a significant role in global efforts to clean up the transportation industry and reduce the environmental pollution the sector causes. For a lot of consumers, especially those without significant amounts of disposable cash, deciding to buy…

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