NewsRoom Articles - Page 94 of 124

WednesdayJul 07, 2021 10:46 am

Ideanomics Inc.’s (NASDAQ: IDEX) Dr. Abas Goodarzi Feted for Contributions to the Advancement of Electric Powertrains for Medium and Heavy-Duty Vehicles

Ideanomics Chief Scientist and CEO of US Hybrid Dr. Abas Goodarzi recently received the 2021 IEEE PELS Vehicle and Transportation System Achievement Award for his contributions to the advancement of electric powertrains for medium and heavy-duty vehicles Dr. Abas is a 38-year veteran in the electric, hybrid, and fuel cell industries Prior to his role at Ideanomics, he had worked as an Associate professor at California State University, San Francisco, and later as a Technical Director at General Motors and Senior Scientist at Hughes Aircraft Company Ideanomics (NASDAQ: IDEX) recently announced that its Chief Scientist and US Hybrid CEO, Dr.…

WednesdayJul 07, 2021 9:55 am

BloombergNEF Predicts Surging EV Sales Though Additional Policy Action Is Needed

Despite all we have achieved over the last century due to the internal combustion engine, vehicles powered by this technology are also responsible for a large percentage of global carbon emissions. Consequently, most countries have pledged to replace internal combustion engine (“ICE”) vehicles with zero-emission electric cars in a bid to achieve net-zero emissions by 2050. Rather than “dirty” fossil fuels, electric vehicles (“EVs”) are powered by rechargeable lithium-ion batteries and, theoretically, making them our primary modes of transportation could cut carbon emissions by a wide margin. The EV industry is barely a decade old and makes up less than…

TuesdayJul 06, 2021 1:09 pm

Your Nagging EV Questions, Answered!

Electric vehicles (“EVs”) are the next frontier of vehicular travel. As the world tries to reduce its reliance on fossil fuels in a bid to lessen carbon emissions and arrest runaway climate change, zero-emission electric vehicles have been crowned as the successor of the century-old internal combustion engine. However, since EVs are relatively new to the mainstream, most people don't know a lot about them. In this article, we will answer some of the most common EV questions and try to give you a better understanding of this game-changing technology. When was the first EV made? While a lot of…

FridayJul 02, 2021 3:12 pm

Fisker Plans to Make Fully Electric Pickup

Electric vehicles (“EVs”) have been crowned the zero-emission vehicles of the future, but that isn't always the case. Although battery electric vehicles (“BEVs”) produce zero emissions, mining the metals used in their lithium-ion battery packs has raised several environmental concerns. Additionally, the electricity used to charge the vehicles isn't always sourced sustainably, and there are questions about how effectively these batteries can be recycled or disposed of once they reach the end of their lives. Fisker Inc. (NYSE: SPAQ), the electric vehicle firm founded and led by billionaire Henrik Fisker, has recently announced that it will develop a “climate neutral”…

FridayJul 02, 2021 9:47 am

Ideanomics Inc. (NASDAQ: IDEX) Boosts EV Tractor Acquisition to 100 Percent, Anticipating Growing Potential for Environmental Awareness in Agriculture Industry

Despite the worldwide economic difficulties imposed by the pandemic during the past year, new efforts at electric vehicle adoption are on the rise Ideanomics recently announced 100 percent acquisition of EV tractor manufacturer and distributor Solectrac Inc., which will grant it premium positioning in the agriculture industry’s growing interest in zero-emissions vehicles Ideanomics is also celebrating the launch of Technology Metals Market (“TM2”) trading using Nasdaq's cloud-deployed matching technology for real-time pricing Consumer interest in reducing the harmful effects of pollutants on the earth’s climate globally has led to a resurgence of electric-driven automotive technology in the world’s marketplace for…

ThursdayJul 01, 2021 1:39 pm

A Look at Electric vs. Hydrogen Fuel Cars

After dominating the world's roads for a century, the internal combustion engine (“ICE”) has finally found a competitor that just might put it out of business. The world is finally waking up to the long-term effects of burning fossil fuels for decades, some would say a tad too late, and numerous countries are looking to phase out petrol and diesel-powered cars in exchange for alternative energy vehicles. Mostly comprised of electric vehicles (“EVs”) and hydrogen cell cars, these vehicles produce minimal to zero emissions at the tailpipe. Consequently, EVs are expected to play a big role in global efforts to…

WednesdayJun 30, 2021 1:46 pm

NIO Inc. (NYSE: NIO) Looks Overseas for Growth Opportunities

Tesla Inc. (NASDAQ: TSLA) may be the most prominent player in the young electric vehicle (“EV”) sector, but there are plenty of EV makers scrambling to snatch the top spot away from the Palo Alto, California-based EV maker. One of Tesla's major competitors is Chinese firm NIO Inc. (NYSE: NIO), which has been dubbed by some as the next Tesla. Although NIO was recently facing financial hardship, it has rebounded with critical government support, delivering a total of 43,000 electric vehicles in 2020 more than double the 20,000 built in 2019. Now, the Chinese electric vehicle giant has set its…

TuesdayJun 29, 2021 2:15 pm

US to Enlist Allies in the Quest for Battery Metals

Unlike the original automotive sector that grew organically over a century into what it is today, the electric vehicle (“EV”) market is expected to hit the ground running and achieve mass-market penetration in only a few decades. Electric vehicles run on rechargeable lithium-ion battery packs rather than internal combustion engines, and produce zero carbon emissions. However, their batteries are made using rare metals such as lithium, and presently, the United States barely has a supply chain that can provide these metals, with American EV makers and established automakers sourcing the metals from foreign supply chains. China, which is America's largest…

MondayJun 28, 2021 3:45 pm

Could Charging EVs Be as Fast as Refilling a Gas Tank?

Electric cars have been dubbed the next frontier of vehicular travel as countries around the world scramble to cut their carbon emissions in a bid to curb climate change. Instead of an internal combustion engine, electric vehicles (“EVs”) use a rechargeable lithium-ion battery coupled with an electric motor for power. Despite their obvious environmental benefits, not everyone is sold on electric vehicles, and slow charging rates are partly to blame. Unlike filling up a petrol or diesel-powered car, which can be done in as little as five minutes, electric vehicles take quite a while to recharge. Even with fast charging…

FridayJun 25, 2021 3:15 pm

How Fast Chargers Work in EVs

Battery electric vehicles (“BEVs”) are slated to replace conventional petrol and diesel-powered vehicles over the next couple of decades. However, despite producing zero emissions at the tailpipe and making electric vehicles (“EVs”) the perfect vehicle for a net-zero economy, internal combustion engine vehicles are still superior in some regards. Not only are they much easier on the pocketbooks compared to EVs, but they can also be fully refueled in just a few minutes, a feature that eludes most electric vehicles. Enter DC fast charging, an EV charging technology that allows electric vehicles to recharge their batteries up to 80% in…

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