NewsRoom Articles - Page 98 of 133

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…

FridayAug 27, 2021 12:58 pm

East Bronx Launches Electric Scooter Sharing Program

America’s green-energy goals recently became clearer after President Joseph Biden announced a new national target for electric vehicles (“EVs”) that would require one-half of U.S. vehicle sales to be electric by 2030. It is part of the Biden administration’s efforts to cut down the country’s reliance on fossil fuels and reduce greenhouse-gas emissions by replacing conventional internal combustion engines (“ICE”) with zero-emission electric vehicles. With the effects of climate change becoming increasingly clear across the country, eliminating carbon emissions is becoming a matter of life and death. The draw is that while nearly 40% of Americans say they would seriously…

ThursdayAug 26, 2021 12:11 pm

Abu Dhabi Starts Levying Uniform Fees for EV Charging

Territories across the world are increasingly turning toward electric vehicles (“EVs”) in a bid to reduce their reliance on fossil fuels and cut their carbon emissions. This involves the cooperation of both governments and the private sector, with lawmakers passing policies that support the growth of the nascent EV sector and the public sector developing cheaper and more efficient EV technology. One of the main factors hindering mass electric vehicle adoption has been range anxiety coupled with insufficient charging infrastructure, and territories have been constantly working to overcome these issues and increase adoption. Abu Dhabi's Department of Energy (“DOE”) recently…

WednesdayAug 25, 2021 12:38 pm

Company to Showcase Thermal Management System That Can Increase EV Range

Electric vehicles (“EVs”) are all about efficiency. Unlike conventional vehicles, which rely on internal combustion engines, electric cars are powered by rechargeable lithium-ion batteries. The goal is to reduce energy wastage and make the vehicle function as efficiently as possible to increase its range. For instance, EVs tend to have aerodynamic designs to reduce drag, and due to the immense weight of their batteries, they are designed to be as lightweight as possible. But while petrol- and diesel-powered cars use grill-covered openings to allow for airflow, electric vehicles don’t use grills because they do not derive their power from combustion.…

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