TuesdayOct 19, 2021 9:30 am

EV Adoption Currently Too Slow to Address Climate Challenges

The discovery of fossil fuels followed by the development of the combustion engine was a game-changer for humanity. In less than 50 years, the world went from traveling on horseback and tilling the land with ox-drawn plows to driving automobiles and building massive factories. The internal combustion engine (“ICE”) was integral to industrialization, but despite all the good it has done for the advancement of humanity, burning fossil fuels for more than a century has had a catastrophic effect on the planet. Increased greenhouse gas emissions has led to the planet steadily heating up for decades, and the effects are…

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ThursdayOct 14, 2021 2:00 pm

Report Shows European EV Market Could Hit $855 Billion by 2028

The future of vehicular transport is undoubtedly electric. Several governments of countries in Europe, Asia and the Americas have pledged to replace a large percentage of the gas-powered vehicles on their roads with zero-emission electric vehicles (“EVs”) over the next few decades as the effects of human-induced climate change become more apparent. For most of the nascent EV sector's life, Europe and China have competed for the top spot as the world's largest EV market. According to a new market research report, Europe's chances of cementing its position at the top by the end of the decade are quite high.…

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FridayOct 08, 2021 11:08 am

Lucid Group Inc. (NASDAQ: LCID) to Deliver EVs With More Range than Teslas (NASDAQ: TSLA)

Lucid Group (NASDAQ: LCID) has set its sights on reaching the top of the electric vehicle (“EV”) space and is working tirelessly to achieve that goal. Last week, the California-based startup announced that it would start delivering electric vehicles with more range than Tesla's (NASDAQ: TSLA) premium EV models in late October. The EV maker made the announcement when it invited investors, policymakers, initial customers and members of the media to its Advanced Manufacturing and Powertrain Manufacturing plant in Casa Grande, Arizona. The Arizona plant, which employs around 400 employees and plans on beefing up staff numbers as production ramps…

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