NewsRoom Articles - Page 57 of 62

FridayNov 05, 2021 9:30 am

UK Company Commences Public Tests of Wireless Charging Technology

Throughout the electric vehicle (“EV”) sector’s relatively short life, charging has been a major hindrance to adoption. Not only do EVs take much longer to charge compared to conventional cars, especially in the absence of fast-charging infrastructure, but there is barely enough public charging infrastructure to support the current number of EVs on the road. As industry stakeholders strive to rectify this issue, wireless charging is emerging as a possible solution to the charging problem that currently plagues the EV sector. This type of charging eliminates the need for cables and transfers energy via the air to induction charging kits…

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…

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.…

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…

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…

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…

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…

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…

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…

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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