Search Results for: fsr

The cost of lithium, a key element in all EV batteries, has significantly decreased, making electric vehicles relatively affordable. This is great news for consumers. However, experts differ on the duration for how long low costs will persist. Several observers were surprised by the sudden changes because they had assumed that the prices would remain … Continue reading “Declining Lithium Prices Trigger Reductions, Boost EV Affordability”

Battery electric vehicle leases are overly priced, according to a recent T&E study of the used vehicle market. The European leasing deals for battery electric vehicles typically cost 57% more than deals for similar petrol versions. For instance, the monthly lease for a gas-powered Peugeot 208 is 371 euros ($393), while the monthly lease for … Continue reading “New Study Faults Companies for High EV Leasing Costs”

The globe’s first open experiment in “wireless charging” will take place later this year on a kilometer-long strip in Balingen, Germany. Its purpose is to demonstrate the viability of a technology that has long been seen as aspirational and innovative in the EV charging industry. BMW is one of many automakers that already offers cars … Continue reading “Wireless Charging Could Expedite EV Uptake”

Toyota and its management have been staunchly opposed to electric vehicles for nearly two decades, until recently when the company has been signaling that it is getting serious about electric vehicles. Early this month, Toyota presented a vintage concept vehicle that runs entirely on batteries as well as a new hybrid model at the Tokyo … Continue reading “How Toyota Fell Behind in Tapping EV Revolution”

Vintage trucks and cars’ conversion to electric vehicles is possible these days, thanks to Kevin Erickson and a small, rapidly growing network of engineers, tinkerers and businesspeople throughout the nation. Even though the converted cars face ridicule from some who claim they resemble some golf-pusher kind of vehicles, fully electric converters are turning into a … Continue reading “Muscle Car Conversion to EVs Emerges as Growing Trend”

When electric cars were introduced, the rich couldn’t wait any longer to drive the new cars, without even considering potential drawbacks. This attitude made it simple for the vehicles to penetrate the market in western Europe. However, manufacturers in Europe need to resolve the issues concerning price and driving distance in order to preserve this … Continue reading “European Manufacturers Could Soon Suffer for Neglecting Lower-Priced EVs”

Almost 20 years ago, Tesla proved that electric vehicles could be manufactured for the mass market, and the company has enjoyed the benefits that come with being the first in an industry. Fast forward to today, the United States alone has recorded more than 400 companies looking to make and sell electric vehicles, and the … Continue reading “Italian Electric Vehicle Startup Looks to Upstage Rivals by Leveraging Superior Design”

The race for who dominates the electric vehicle industry has barely started as engineers at different EV manufacturing facilities battle to boost EV range as well as the speed at which the batteries can be charged, among other issues of electric vehicles. However, the front trunk or “frunk,” is proving to be a divisive factor, … Continue reading “The “Frunk” Proves Divisive in Nascent EV Industry”

Electric vehicles are still a relative novelty, and many potential buyers of these vehicles worry about how they can get the longest life possible from these vehicles. Given the high price of EVs, who wouldn’t want to squeeze the most benefit from such a possession? We discuss some recommendations that can help you prolong the … Continue reading “How to Prolong the Service Life of Your Electric Vehicle”

Like most developed countries, the United States is looking to phase out traditional internal combustion (ICE) cars in favor of battery-powered electric cars. Electric vehicles are poised to play a major role in the switch to clean energy, with automakers and governments around the world pledging to invest billions of dollars in electrification over the … Continue reading “More Federal Money Directed to States to Boost EV Charging Networks”