Does Tesla have a secret plan to disrupt yet another industry, maybe one that even Tesla doesn’t know about yet? Morgan Stanley analyst Adam Jonas is convinced of it, and believes that the potential profits will cause the TSLA stock price to double. On a recent media conference call, Jonas asked Elon Musk about Uber’s… Read more »
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Survey: Automotive engineers don’t expect CAFE standards to be lowered
US automakers remain on track to meet the EPA’s Corporate Average Fuel Economy (CAFE) standard, which will mandate average fuel economy of 35.5 mpg by 2016, and 54.5 mpg by 2025. However, average fuel efficiency is in danger of slipping, as WardsAuto reports, not because carmakers aren’t building gas-sipping vehicles, but because US consumers aren’t… Read more »
Tesla trims projected production, stock stumbles
For Tesla, a quarterly earnings announcement often triggers a drop in the stock price, because nothing less than spectacular success can justify the company’s sky-high valuation. This time, the Seers of Silicon Valley really did disappoint, saying they expect to deliver “50,000 to 55,000” vehicles this year, backing off an earlier target of 55,000. Punishment… Read more »
Fiat Chrysler CTO: Fuel cells are the distant future
Fiat Chrysler is the automaker that EVangelists love to hate. The brand has nary a hybrid in its lineup (although a plug-in powertrain for the Town & Country minivan is expected to appear in 2016), and, like some evil stepmother in a fairy tale, CEO Sergio Marchionne heaps derision on the feisty little Fiat 500e,… Read more »
New report from Germany assesses over 500 EV models
A new study from the German Aerospace Center (DLR), in partnership with the Wuppertal Institute for Climate, Environment and Energy, aims to present a comprehensive picture of current progress in electromobility, and to assess the position of German companies in the rapidly developing market. The DLR scientists developed a database of every known electric passenger… Read more »
Oil industry trade mag asks: Is Tesla’s Model S the beginning of the end for oil?
Not all in the oil industry are inclined to dismiss EVs as a passing fad. In a recent article in the trade magazine Alberta Oil, Max Fawcett writes, “The Tesla Model S is one of the most beautiful and interesting automobiles to ever get made. It might also be one of the most dangerous. That’s… Read more »
Automakers push back against Michigan’s proposed EV fees
Faced with the fact that improved fuel efficiency is translating into lower gas tax receipts, several states have instituted, or are considering, special fees on electrified vehicles. A fee proposal currently making its way through the Michigan legislature has drawn opposition from an automakers’ trade group. In a recent letter to Michigan Senate Majority Leader… Read more »
Gaining traction at last: Efacec instals over 600 DC fast chargers worldwide
If we’ve heard it once, we’ve heard it a thousand times: EVs and charging infrastructure present a chicken-and-egg problem. This thesis has been the topic of countless EV industry conference panels over the past decade. In recent years, many experts have attempted to declare the issue settled. Back in January 2013, European Union Climate Commissioner… Read more »
NRG EVgo on the move: Its DC fast charging network passed major milestones (Full Interview)
Q&A with Arun Banskota and Brendan Jones. In the past year, the NRG EVgo network has quietly passed some major milestones in the EV charging industry. The company now has more public DC fast charging sites than anyone else – even more than Tesla’s vast Supercharger network. EVgo also has the highest number of CHAdeMO and… Read more »
Canadian study: Government initiative needed to boost EV use
A team of researchers from Canada’s Simon Fraser University have published a report that paints a pessimistic picture of EV adoption in the Great White North, at least in the short term. “Electric vehicles are not likely to make up more than one percent of vehicle sales in the next decade and no more than… Read more »