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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WednesdaySep 29, 2021 1:08 pm

Ideanomics Inc. (NASDAQ: IDEX) Plans to Increase Stake in Energica Motor Company to 70%; to Participate, Showcase Technologies at Upcoming 2021 MOVE America Event

Ideanomics has entered into an agreement with the founders of Energica, embodying plans to increase its stake to 70% The renewed investment interest further extends IDEX’s resolve to expand its global footprint in the EV industry Energica is the manufacturer of high-performance all-electric motorcycles Ideanomics will participate at the upcoming MOVE America event, scheduled for September 28-30, where it will showcase technologies from WAVE and Energica Ideanomics (NASDAQ: IDEX), a global company that facilitates the adoption of commercial electric vehicles (“EVs”) and supports next-generation financial services and fintech products, announced September 15 that it has entered into an agreement to…

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MondaySep 27, 2021 9:30 am

Experts Say Electric Tractors Could Overtake Gas-Powered Tractors

After nearly a century of monopolizing transportation, the combustion engine has found a worthy adversary. Decades of greenhouse gas emissions have set the planet on a course of climate change, and several regions around the world are already dealing with the effects of global warming. Consequently, zero-emission electric vehicles (“EVs”) are poised to replace fossil fuel-powered cars as countries strive to reduce their reliance on fossil fuels and cut down on their greenhouse gas emissions. Although the wave of electrification began with passenger cars when Tesla debuted the Tesla Roadster more than a decade ago, it has now spread to…

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WednesdaySep 22, 2021 10:30 am

BYD Looks Set to Revolutionize Public Transport

Electric vehicles (“EVs”) are poised to take over the world’s roads in the coming decades, replacing internal combustion engine vehicles and helping nations cut down on their carbon emissions. However, although several governments around the world have been pushing for residents to ditch their fossil fuel-powered vehicles for zero-emission electric cars, car owners have been slow to adopt EVs due to a variety of reasons. Some experts say that fleets, rather than passenger vehicles, will be the catalyst for mass EV adoption, and automakers and authorities should include these prospects in their electrification plans. One company that seems to have…

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ThursdaySep 16, 2021 12:31 pm

Ideanomics Inc. (NASDAQ: IDEX) Growing its Strategic Advantage as a Global Provider of EV Mobility Solutions with the Appointment of New President of its Mobility Division

Robin Mackie new President of Ideanomics Mobility, as of September 8, 2021 Mackie will help the company to make the most out of its acquisitions, driving growth on its path to a zero-emission future He will also help Ideanomics expand its global talent pool to further develop its key advantage as a global provider of EV mobility solutions Mackie brings a wealth of knowledge and decades of experience in the EV sector On September 8, 2021, Ideanomics (NASDAQ: IDEX) announced the appointment of Robin Mackie as the new President of Ideanomics Mobility.  Before he was appointed President, Mr. Mackie served…

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ThursdaySep 16, 2021 10:30 am

Toyota Motor Corp. (NYSE: TM) Plans to Inject $13B into Developing EV Battery Tech

As the world starts to move on from the internal combustion engine, established automakers are making massive investments in electrification. Toyota Motor Corp. (NYSE: TM), which revolutionized the auto industry after it introduced the hybrid Toyota Prius more than two decades ago, has announced that it expects to spend more than $13 billion by 2030 developing electric vehicle (“EV”) batteries as well as a battery supply mechanism. EV batteries are still a work in progress, with automakers and battery makers working to develop lighter, energy-dense batteries, and Toyota’s investment will be instrumental in cementing the Japanese automaker’s spot in the…

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FridaySep 10, 2021 12:26 pm

Electrify America Makes Locating EV Chargers Easier for Motorists

America’s electric vehicle (“EV”) segment has grown a great deal since Tesla Inc. (NASDAQ: TSLA) first released the Tesla Roadster, but insufficient public EV charging infrastructure remains one of the most significant hurdles to EV adoption. While there are more than 150,000 gas stations spread out across the country, there are only 50,000 EV chargers in the country, with an estimated 5,000 of them being Level 1 fast chargers. Consequently, any long journey using an EV requires extensive planning to ensure you have enough chargers along your route, especially if you plan on using fast chargers, which are in short…

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FridaySep 10, 2021 9:15 am

DSG Global Inc. (DSGT) Subsidiary Announces Launch of Innovative Three-Wheel, Four-Passenger EV

New Sagitta electric vehicle will be unveiled at Nov. 17 LA Auto Show Imperium is CMW’s primary Sagitta distribution partner; company anticipates high demand for game-changing vehicle Limited production planned by late 2022, reservations accepted mid-year DSG Global (OTCQB: DSGT) and its subsidiary, Imperium Motors, have announced the planned unveiling of the Sagitta(TM) electric vehicle during the upcoming Nov. 17, 2021, LA Auto Show (https://ibn.fm/3R6GE). Imperium will partner with California Mobility Works (“CMW”) to show the new three-wheel, four-passenger EV, which is expected to create quite a stir during the shows.   “We are thrilled to team up with CMW and make…

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WednesdaySep 08, 2021 9:30 am

Ideanomics Inc. (NASDAQ: IDEX) Completes Commercial EV Ecosystem Reach through M&A Deal with Van Manufacturer VIA

Sustainability cultivator Ideanomics has reached an agreement with commercial EV vehicle manufacturer VIA Motors to acquire VIA in an all-stock transaction valued at $450 million The VIA acquisition will solidify Ideanomics’ position as a made-in-America brand focused on building an end-to-end commercial EV ecosystem  Ideanomics has completed other M&A activity in recent months designed to establish sustainable solutions that reduce the harmful effects of pollutants on the earth’s climate, particularly involving wireless battery-charging technology for commercial fleets The acquisition will help VIA to focus on completing the manufacturing process, with vehicles expected to roll out by 2023 New York-based Ideanomics…

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