NewsRoom Articles - Page 94 of 119

FridayMay 07, 2021 12:25 pm

How Electric Vehicles Are Going Big on High Tech

The transformations ushered in by electric vehicles aren’t only restricted to what powers the vehicle. EVs are sporting the latest forms of technology to change the interiors of vehicles as we know them, and buyers seem to be warming up to these changes. The leader sets the pace When Tesla Inc. (NASDAQ: TSLA) debuted its Model S, car enthusiasts were wowed by the giant screen inside the vehicle. Since Tesla was first to bring electric vehicles to the mainstream, others now feel compelled to follow the lead of Tesla by featuring a large screen in their offerings. This has started…

ThursdayMay 06, 2021 11:07 am

A Guide to the Types of EVs Available

With governments around the world looking to cut their carbon emissions in a bid to halt runaway global warming, zero-emission electric vehicles (“EVs”) have been touted as the only way the world can rein in emissions produced by the transportation sector. But unlike the automotive industry, which has been around for close to a century, the EV sector is barely a decade old, and its inner workings remain a mystery to most people. So before you start thinking of going green, go through the following guide and acquaint yourself with the different types of EVs on the market. Battery electric…

WednesdayMay 05, 2021 2:56 pm

Dcbel Energy Launches EV Charger That Backs Up Home’s Power

With the increasing popularity of electric vehicles (“EVs”), numerous companies are now developing complementary technology to make electric vehicles even more useful to the consumer. Vehicle-to-grid, or bidirectional charging, is the latest technological breakthrough, giving electric vehicles the ability to both take in and discharge electricity. Last week, Dcbel, an energy company based in Montreal, announced that it was launching an all-in-one energy management unit that could both charge your EV and act as a back-up power source for your home. Dubbed the r16, the energy-management unit will consist of a solar-powered system on the roof to power your home…

WednesdayMay 05, 2021 12:31 pm

Ideanomics Inc. (NASDAQ: IDEX) Should Benefit from Positive Outlooks for Both the EV and Fintech Markets

Projections by various research firms indicate that the electric vehicle (“EV”) and fintech markets will grow through the coming years The EV industry will witness a steady increase in the penetration of EVs in three key markets in which IDEX, through its Ideanomics Mobility division, operates The global fintech industry is projected to grow at a 23.58% CAGR from 2021 to 2025, while the US fintech market is estimated to witness a CAGR of 8.6% from 2019 through to 2024, and the Ideanomics Capital division focuses on fintech solutions A recent electric vehicle (“EV”) market publication by J.P. Morgan (NYSE:…

TuesdayMay 04, 2021 1:53 pm

Study Finds US Can Sell Only EVs by 2035 Due to Industry Advances

After decades of heating up the atmosphere and driving climate change, most of the world has now decided to go green. Transportation accounts for up to 24% of global carbon emissions, and most governments have pledged to replace internal combustion engine vehicles with zero emission electric vehicles (“EVs”) over the next few decades in a bid to reduce their carbon emissions. However, the problem is most EVs on the market are expensive, meaning a large portion of drivers who would like to purchase an EV simply cannot afford to. At current prices, most countries probably won’t be able to reach…

MondayMay 03, 2021 11:46 am

Survey Shows US, EU Residents Open to EVs, But Price Is an Issue

With the effects of human-influenced global warming becoming more apparent, governments around the world are eager to cut their carbon emissions, especially from the transportation sector. In 2016, transport accounted for 24% of global carbon emissions, and as populations increase and more vehicles traverse the roads, carbon emissions from transport are expected to rise. Zero-emission electric vehicles (“EVs”) have been touted as the best way to clean up our roads, but unfortunately, they are still far too expensive for the average driver. According to a new survey, buyers in the United States and Europe are more than willing to buy…

FridayApr 30, 2021 12:15 pm

Ideanomics’ (NASDAQ: IDEX) Treeletrik Subsidiary to Supply 200,000 E-Motorcycles to Indonesia, Setting Stage for Significant Expansion

Treeletrik, Ideanomics’ subsidiary, inked a $274 million three-year deal with two distributors to supply 200,000 e-motorbike units to Indonesia The deal will result in Treeletrik’s expansion, enabling Ideanomics to continue providing its shareholders with high-growth opportunities Indonesia, the third-largest motorcycle market in the world, is a promising market for e-motorbikes, as evidenced by the projected growth at a CAGR of ~21% from 2019 to 2025 The Indonesian electric motorbike market is expected to grow at a CAGR of 20.96% from 2019 to 2025, reaching $816.2 million from $364.4 million (https://ibn.fm/SBUHm) amid clamor around the high vehicular pollution and the need…

FridayApr 30, 2021 11:15 am

Audi Unveils Its Most Affordable EV

With the world moving towards fully electrifying the transport sector, most established carmakers have developed or are currently developing their own electric offerings in a bid to stay relevant in a changing automotive industry. Although most electric vehicles (“EVs”) are too pricey for average drivers, EV makers such as Tesla have made a killing by targeting eco-friendly drivers with heftier checkbooks. On April 14, German car manufacturer Audi announced a new EV model that is without a doubt one of the more affordable in the luxury electric vehicle segment. Starting at a retail price of $45,000, the new Q4 E-Tron…

ThursdayApr 29, 2021 3:19 pm

Ferrari Will Launch First EV in 2025

In what appears to be a 180-degree change of position, sports car maker Ferrari has announced that it plans to release its first fully electric vehicle in 2025. This is much earlier than its previous statements on the matter had indicated. During the Italian company’s annual meeting held last week, Ferrari chair John Elkann announced that the company would unveil its first EV mid this decade. Elkann’s announcement was despite the fact that, less than six months earlier, Louis Camilleri, who was then CEO of Ferrari, had emphatically stated that the Prancing Horse would never transition into a fully electric…

WednesdayApr 28, 2021 1:45 pm

Mercedes Unveils Flagship Luxury EV

With several governments around the world looking to replace their nations’ fleets with zero-emission electric vehicles (“EVs”), there has been a mad dash by several EV start-ups as well as established automakers to capture a large swathe of the market. Tesla undoubtedly revolutionized the industry when it released the Tesla Model S more than a decade ago, and although the California-based EV maker is currently at the top of the electric vehicle space, automakers such as Toyota, BMW, Volkswagen and Hyundai are competing admirably. On April 15, Mercedes announced that it is finally throwing its hat into the EV game…

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