NewsRoom Articles - Page 92 of 128

ThursdaySep 09, 2021 12:27 pm

New Process Could Halt Permanent Energy Loss from Batteries

With several territories around the world striving for a future where zero-emission electric cars make the majority of vehicles on the road, battery makers are consistently working to make batteries more energy dense and efficient. Electric vehicles (“EVs”) rely on rechargeable lithium-ion batteries for power rather than internal combustion engines (“ICE”), which comes with a set of challenges unique to rechargeable electronic devices such as mobile phones, laptops and EVs. For starters, while most electronic devices indicate that they are 100% when fully charged, this usually represents just 70% to 90% of their theoretical energy-holding capacity. The rest is lost…

WednesdaySep 08, 2021 1:19 pm

CNBC Test Confirms US EV Charging Network Still Woefully Inadequate

The government is determined to replace the fossil fuel vehicles on the roads with zero-emission electric vehicles (“EVs”), so much so that President Joseph Biden recently announced that his administration was aiming to achieve 50% electric vehicle sales by 2030. Automakers are already on board, including EV startups and companies that have been around for a while, such as Ford and Mercedes. In addition, we are likely to see more than two dozen new EV models in the next few years. However, thanks to America’s inadequate public charging infrastructure, range anxiety and charging are among the most significant barriers to…

WednesdaySep 08, 2021 9:30 am

Ideanomics Inc. (NASDAQ: IDEX) Completes Commercial EV Ecosystem Reach through M&A Deal with Van Manufacturer VIA

Sustainability cultivator Ideanomics has reached an agreement with commercial EV vehicle manufacturer VIA Motors to acquire VIA in an all-stock transaction valued at $450 million The VIA acquisition will solidify Ideanomics’ position as a made-in-America brand focused on building an end-to-end commercial EV ecosystem Ideanomics has completed other M&A activity in recent months designed to establish sustainable solutions that reduce the harmful effects of pollutants on the earth’s climate, particularly involving wireless battery-charging technology for commercial fleets The acquisition will help VIA to focus on completing the manufacturing process, with vehicles expected to roll out by 2023 New York-based Ideanomics…

TuesdaySep 07, 2021 12:55 pm

Fleet Managers Lack Requisite Expertise to Make Decisions on EVs

The electrification of vehicular transport is all but inevitable, thanks to a variety of challenging but ultimately solvable factors such as high costs and poor charging infrastructure. However, most ordinary drivers are not willing to ditch their internal combustion engine (“ICE”) vehicles for electric vehicles (“EVs”). Fleets, on the other hand, can easily overcome these issues, and governments in several territories are encouraging companies and their fleet managers to electrify their fleets in a bid to reduce reliance on fossil fuels and clean up the air. Municipalities and companies will have enough funds to purchase a couple of electric vehicles…

FridaySep 03, 2021 3:03 pm

Global EV Market Expected to See Nearly 20% CAGR Until 2028

The nascent electric vehicle (“EV”) sector is poised to experience major growth over the next decade. As the effects of climate change become increasingly apparent around the world amid freezing temperatures, heat waves and massive wildfires, territories are scrambling to reduce their reliance on fossil fuels and cut down on their greenhouse gas emissions by replacing fossil fuel cars with zero-emission electric vehicles. As such, the sector will experience significant growth over the next decade as automakers and fleets work to meet carbon emission standards and more drivers ditch their internal combustion engine (“ICE”) for electric cars. According to a…

ThursdaySep 02, 2021 9:30 am

EV Firms Opt for More Affordable Production Methods

More than a decade after California-based startup Tesla unveiled the Tesla Roadster and proved that road-worthy electric vehicles (“EVs”) were a viable mass-market option, Tesla is now the largest electric vehicle maker as well as the most valuable car company on the planet. It currently has a backlog of 400,000 Model 3 orders and a production rate of 1,000 cars per day, and the EV maker has produced more than 360,000 EVs since the Roadster first hit the roads. However, Tesla’s journey to the helm of the nascent EV sector was fraught with complications, especially regarding scaling up production for…

WednesdaySep 01, 2021 9:30 am

EV Owners Prefer Tesla Inc. (NASDAQ: TSLA), Volta Chargers, JD Power Finds

After more than a century of dominating the world’s roads, it seems the era of the internal combustion engine is drawing to a close. The increasingly apparent effects of climate change are forcing countries around the globe to do something they should have done a long time ago — replace fossil fuels with clean, renewable sources of energy. But although several territories are investing plenty of resources into phasing out internal combustion engine (“ICE”) cars for zero-emission electric vehicles (“EVs”), insufficient charging infrastructure has hindered mass EV adoption. Still, plenty of drivers have ditched their fossil fuel-powered vehicles for EVs, especially…

TuesdayAug 31, 2021 10:54 am

82 New EV Charging Stations to be Installed in Louisiana

For most of the young electric vehicle (“EV”) industry's life, insufficient charging infrastructure has been a major hurdle to EV adoption. Increasingly restrictive emission standards are forcing automakers to electrify their vehicle lines, but drivers are unwilling to switch to EVs because of the limited number of public charging stations. Consequently, the current administrations are looking to invest millions of dollars into developing a reliable public EV charging network. Louisiana will soon be the recipient of some of these funds, allowing it to install charging stations in more than a dozen universities, government agencies and electric utilities across the state.…

MondayAug 30, 2021 11:36 am

EV Boom Triggers Bonanza for Machinery-Making Industry

With several territories around the world poised to phase out conventional gas-powered cars in exchange for zero-emission electric vehicles (“EVs”), the automobile sector and ancillary industries are looking at a few decades of significant change from the status quo. Electric cars are fundamentally different from internal-combustion-engine (“ICE”) vehicles, from the lithium-ion battery packs that power them to the electric drivetrain, which has nearly a dozen parts, and the proprietary software that keeps the hardware running smoothly and efficiently. As carmakers build more electric vehicles in an effort to meet emission standards and electrify their lineups, the machine industry will be…

MondayAug 30, 2021 9:00 am

DSG Global Inc. (DSGT), IMC Expand EV Line, Strengthen Position in Growing Market

Company is beginning to deliver vehicles on a grander scale IMC anticipates deliveries to individuals, fleets, dealers and government agencies during the second half of the year With each step forward, Imperium is seeing its dealer-candidate network of future dealers expand DSG Global (OTCQB: DSGT) and its automotive division, Imperium Motor Corp. (“IMC”), are taking significant steps forward as they strengthen their position in the growing market for smart new-energy vehicles. Imperium is working with two partners, Skywell Auto and Jonway Automotive Group, to offer 26 EV models for sale at both DSGT California facilities: the Fairfield Experience Center and…

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