NewsRoom Articles - Page 98 of 132

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.…

TuesdayAug 24, 2021 12:46 pm

Five Top Benefits of EV Fleet Management Solutions

Managing a fleet is no easy task. Depending on the size, fleet managers may find themselves stretched thin, especially if they are not equipped with adequate tools. Although the world is still firmly in the coronavirus’ clutches, fleets will become crucial in a post pandemic world that’s heavily reliant on deliveries. Fleet-management solutions or telematics will be an important tool in every fleet manager’s toolbox if they wish to keep their electric vehicle (“EV”) fleets running effectively while adhering to increasingly strict government standards and regulations. By leveraging fleet-management solutions, fleet managers will be able to: Improve fleet safety. The…

MondayAug 23, 2021 12:16 pm

MIT Solar EV Team Wins Solar Challenge

Electric technology has come quite a long way since the Tesla Roadster, built using a heavily modified Lotus Elise chassis, first hit the roads more than a decade ago. Electric vehicles (“EVs”) now use dedicated EV platforms, are larger, have bigger batteries and, in many cases, support fast charging. Efforts to increase range by making EVs more efficient, especially regarding to how they use energy, has led car makers to solar energy. Theoretically, solar panels could be used to supplement and even provide power to the onboard battery, giving drivers more range. The American Solar Challenge is a biennial event…

FridayAug 20, 2021 11:15 am

Tesla Inc. (NASDAQ: TSLA) EV Sales in China Plummet as Local Brands See Spike

More than a decade after Tesla Inc.’s (NASDAQ: TSLA) first electric offering, the Tesla Roadster, first hit the roads, the California-based company has become the largest electric vehicle (“EV”) maker as well as the most valuable car company in the world. Despite the relatively high prices of its vehicles, Tesla continues to attract plenty of customers who are more than willing to pay a high premium by combining top-notch modern designs, high performance and innovative technology. Having carved a significant share of the American market for itself, Tesla set out to conquer the largest electric vehicle market in the world…

ThursdayAug 19, 2021 9:30 am

How the US Push for Vehicle Electrification May Favor Some Automakers While Squeezing Others

President Joe Biden will probably go down in history as an instrumental figure in the growth of America's electric vehicle (“EV”) industry and the fight against runaway climate change. Biden, who took office this year, quickly unveiled a gargantuan infrastructure bill that would dedicate billions of dollars toward developing an extensive network of public electric vehicle charging stations. With green, renewable energy and zero-emission vehicles being a major part of his agenda, Biden recently signed an executive order requiring that 50% of the vehicles sold in America must be electric by 2030. The Biden administration's green-energy strategy would first restore…

WednesdayAug 18, 2021 12:23 pm

Almost 50% of Prospective Vehicle Buyers Globally Hope to Go Electric

Before 2020, several territories had already pledged to steadily phase out internal combustion engine vehicles in exchange for zero-emission electric cars. The going was slow, however, and few drivers were willing to ditch gas-powered cars for electric vehicles (“EVs”). But while COVID–19 and the resultant financial crisis struck most industries and left them struggling to recover, the fledgling electric vehicle sector enjoyed increased sales as more people opted to make EVs their next purchase. During the first days of lockdown, there were fewer vehicles on the roads and planes in the air, leading to less pollution and much cleaner air…

WednesdayAug 18, 2021 9:30 am

Ideanomics Inc. (NASDAQ: IDEX) Investment in German Electronics Firm Adds to Growing EV Portfolio

Commercial EV Company Ideanomics Inc. recently completed an investment agreement that will grant it a 30 percent ownership stake in Germany’s Prettl Electronics Automotive (“PEA”) PEA is testing an innovative high-power EV charging infrastructure solution it has developed and expects to market in 2023, strengthening Ideanomics’ efforts to fulfill its EV strategy The company also recently named a new executive chairman of the board and a new vice chairman of the board who will help it scale its synergistic businesses New York-based commercial electric vehicle company Ideanomics (NASDAQ: IDEX) continues advancing its focus on the EV market as a solution…

TuesdayAug 17, 2021 11:41 am

Could the US Army Be Considering Incorporating EVs in Its Fleets?

Electrification is inevitable. Thanks to electric vehicle (“EV”) mandates and carbon emission standards, we will see electric cars steadily replace conventional vehicles on our roads until we eventually phase out the sale of new internal combustion engine (“ICE”) vehicles in the next couple of decades. Unfortunately, progress is slow in this segment, and players in the EV sector have turned their sights to one of the biggest spenders in the country: the U.S. Army. To be fair, the Army seems to have given plenty of thought to electric vehicles. JP-8 has been the Army's go-to fuel for quite a while,…

MondayAug 16, 2021 3:04 pm

Like Eating Glass: Elon Musk Shares the Complexities of EV Manufacturing

In just over a decade, electric vehicle (“EVs”) startup Tesla has become the largest EV maker in the world. The California-based company unveiled the first all-electric vehicle back in 2008, the Tesla Roadster, proving that it was possible to develop road-worthy, zero-emission electric vehicles. In the years since, Tesla has manufactured more popular EVs, with 2018's Model 3 becoming the best-selling electric vehicle of all time. With several territories across the world looking to reduce their carbon emissions and cut their reliance on fossil fuels, the EV sector is poised to see significant growth in the next couple of decades.…

FridayAug 13, 2021 2:41 pm

Chinese EVs Could Dominate Global Market

For quite a long time, China has been infamous for producing low-quality knockoffs of successful products. This counterfeit-goods industry has produced everything from knockoff clothes and shoe brands to mobile phones and cars, with most of these products being of much lower quality than the originals. The vehicles originating from China, for instance, were often almost perfect copies of existing vehicles, such as the Land Wind X7, which took inspiration from the Land Rover. As several countries across the world started transitioning from internal combustion engine vehicles to zero-emission electric cars, you wouldn't have been the only one who expected…

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