If you are considering purchasing an electric vehicle (EV) as your next car, it is important that you know that the EV experience is fundamentally different from the ICE experience, especially when it comes to charging. While refilling a traditional gasoline-powered car is as simple as pulling into a gas station, EV drivers have to … Continue reading “Differences Between Charging EV at Home, On the Road”
A virtually unknown electric vehicle maker recently made the news after retail giant Walmart ordered more than four thousand of its EVs. Canoo, an EV company based in Arkansas, released a statement saying that it had signed a definitive agreement with Walmart to deliver 4,500 fully electric vans as part of efforts to achieve zero-carbon … Continue reading “Canoo Shares Soar after Walmart Orders 4,500 EVs”
The global semiconductor shortage has had a massive impact on the automotive industry, forcing automakers to halt the production of millions of cars. Last May, AlixPartners estimated that automakers could end up losing around $210 billion in revenue in 2021 amid halted production. And the chip shortage hasn’t just affected traditional cars; the nascent electric … Continue reading “Ongoing Semiconductor Shortage Has Potential to Slow Electric Vehicle Adoption”
While speaking during an interview before NIO’s secondary listing in Singapore, NIO CEO William Li said he was currently more concerned about supply chain stability rather than looking at demand for electric vehicles. The recent upward revision of EV prices by the company shows how much those supply chain issues are affecting company operations. In … Continue reading “Chinese EV Maker NIO Concerned by Supply Chain Problems, Not EV Demand”
Months after he assumed office, President Joe Biden revealed plans to significantly electrify America’s transportation sector. His infrastructure bill will invest billions of dollars into building a network of public electric vehicle chargers and subsidizing EV purchases. In line with the president’s green-energy and electrification goals, senior officials from the Biden administration recently met up … Continue reading “Biden Government Hosts Musk and Barra During EV Sector Meeting”
Last week, General Motors (NYSE: GM) announced that it would be partnering with Pacific Gas & Electric (PG&E) to test the use of electric cars in powering a home during an outage. The programs come at a time that climate change is driving conversations on energy efficiency as more companies invest into battery electric vehicles … Continue reading “General Motors Co. (NYSE: GM) to Conduct Tests of EVs as Home Power Backup Systems”
Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, was featured in a recent CarBuzz article titled, “Mullen Is Making Performance EVs To Get Excited About.” The piece, written by Ian Wright, discusses Mullen as among the “few new EV companies that are the real deal.” Wright expresses the CarBuzz team’s expectations that the … Continue reading “GreenCarNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Featured Among the ‘Few New EV Companies That Are the Real Deal’ in CarBuzz Article”
Unlike most consumer products that you can buy from either a retailer or directly from the producer, car sales can only be conducted via dealerships. Seventeen states, including Connecticut, Texas and Wisconsin, have policies that outlaw direct vehicle sales, forcing automakers to sell their vehicles through dealerships. And since these dealerships generally earn less than … Continue reading “Reforming Car Dealership Laws Could Boost EV Penetration”
This year has been a good year for the nascent electric vehicle (“EV”) sector, all things considered. Although the economy is still struggling to recover from the effects of the coronavirus pandemic, data shows that battery electric vehicle (“BEVs”) sales nearly doubled between January and October. With the effects of climate change becoming clearer every … Continue reading “Data Shows BEV Sales Doubled in the US Between January and October 2021”
For the past year or so, the world has been gripped by a shortage of semiconductor chips. Extremely crucial components in a wide variety of industries, these chips are needed for everything from smartphones and laptops to washing machines and cars. As such, several industries have been disrupted by the chip shortage, resulting in halted … Continue reading “Why EV Stocks Are Skyrocketing Amid Dropping Sales”