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The dramatic increase in nickel prices is raising concerns of electric car makers. Last week, the price of nickel increased by almost 250% to about $100,000 per ton, and as a result the London Metal Exchange halted trading of the base metal for that entire day. Electric vehicle (“EV”) producers are dealing with mineral supply … Continue reading “Increasing Nickel Prices Worsen EV Supply Chain Woes”

A shortage of batteries used in electric vehicles (“EVs”) might create a case of security concerns in the United States. Electric cars use batteries just as combustion cars rely on fossil fuels. Similarly with incidents of oil shortages, electric carmakers can also experience a shortage in batteries. According to the Department of Justice, the United … Continue reading “Why an EV Battery Shortage Could Pose Security Threats to US Interests”

Michigan state is looking to introduce a wireless charging highway in Detroit that will charge modified electric vehicles (“EVs”) when they drive on it. The state will work with Electreon Wireless, an Israeli startup, to implement the infrastructure. The company said that it has already applied similar technology in other countries including Italy, Germany, Sweden … Continue reading “Michigan Seeks to Introduce Wireless Charging Highway for EVs”

Electric vehicles (“EVs”) have one major difference compared to conventional gas-powered cars — they are powered by a rechargeable lithium-ion battery rather than an internal combustion engine (“ICE”). Eliminating combustion engines and the fossil fuels used to power them makes EVs significantly cleaner than ICE cars. Now that electric vehicles are becoming increasingly popular, people … Continue reading “Do EVs Have Transmissions Like Conventional Cars Do?”

More than a decade after Tesla (NASDAQ: TSLA) unveiled the Roadster and proved that road-worthy electric vehicles (“EVs”) were more than just a pipe dream, the race for EV supremacy is heating up. Tesla is undoubtedly the world’s largest electric vehicle producer, securing more than 70% of the American market for itself and enjoying best-selling … Continue reading “Top US Chip Maker Benefits from Chinese EV Boom”

Electric vehicles (“EVs”) are an elegant evolution of the traditional fossil fuel cars we are used to. Rather than a noisy combustion engine, electric cars rely on a whisper-quiet electric motor coupled with a lithium-ion battery for power and movement. Eliminating the combustion engine and the fossil fuels that power it makes EVs extremely clean … Continue reading “Why the 12-Volt Battery Is Unlikely to Disappear as EVs Take Root”

For the longest time, Toyota Motor’s (NYSE: TM) only electrified cars have been hybrids such as the Toyota Prius hybrid, first launched in October 1997. But while fellow automakers and electric vehicle (“EV”) startups have developed a variety of pure battery-electric vehicles (“BEVs”) and unveiled plans to produce even more EV models over the next … Continue reading “Toyota Motor Corp. (NYSE: TM) to Spend $35 Billion on Electrification, Unveil 30 Models by 2030”

The electric vehicle (“EV”) market is expected to grow exponentially as more people ditch their internal combustion engine (“ICE”) cars for electric cars. Although Tesla has dominated the EV market for a decade, the California-based firm company be dealing with significant competition in the near future. Several other EV startups, as well as established automakers, … Continue reading “Nissan to Inject $17.6 Billion into Switch to Electric Vehicles”

Electric vehicles (“EVs”) are poised to play a significant role in global efforts to reduce greenhouse gas emissions. As several governments around the world pledge to work toward carbon neutrality and issue increasingly strict emission standards, EV start-ups and established automakers have been busy developing new EV lines. Since EVs rely on lithium-ion batteries and … Continue reading “Researchers Explore How EV Batteries Can Power Homes”