According to IHS Automotive, EV sales are about to take off like a Model S on a freeway onramp. The research firm predicts that worldwide production of plug-ins will soar to more than 403,000 in 2014, a 67% increase. The Europe, Middle East and Africa region will account for the largest share of production at… Read more »
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UQM Technologies secures $5.3 million in additional financing
Colorado-based UQM Technologies, a manufacturer of electric motors, generators and power electronic controllers, has closed on a $5.3-million offering of stock and warrants to institutional investors. The company plans to use the new funds for potential joint ventures, capacity expansion in new regions, and working capital for new business opportunities that are currently being pursued…. Read more »
Kia unveils new Soul EV, to go on sale this year
Kia unveiled its 2015 Soul EV at this week’s Chicago Auto Show. Scheduled to go on sale in the third quarter of 2014, the compact hatchback will be Kia’s first EV sold in the US, initially in just a few states, including California, Oregon, New York, New Jersey and Maryland. Pricing will be announced closer… Read more »
Volvo XC90 SUV will have a plug-in hybrid version in 2015
Are US consumers ready for a plug-in SUV? Mitsubishi apparently thinks not, but Volvo is at least preparing the ground. Company executives told Green Car Reports that when the new XC90 goes on sale in the spring of 2015, it will be followed by a gasoline plug-in hybrid version, perhaps as little as four months… Read more »
What you need to know about the 2014-2015 FIA Formula E Championship
When it looks like a Formula 1 car and sounds like a hovercraft from a sci-fi movie – or maybe a fighter jet from the spirit world – that’s one of the new Spark-Renault SRT_01E race cars, specially designed for the 2014-2015 FIA Formula E Championship. That’s right: FIA, the worldwide governing body for Formula… Read more »
Navigant names 10 trends in the EV market for 2014
A new white paper from Navigant Research forecasts global EV sales of over 346,000 units in 2014. Navigant sees expansion at the higher end of the market, as Audi, BMW, Cadillac, Mercedes, Saab, and Volvo introduce new plug-in models; and in the middle, with new offerings from Kia, Mahindra, Skoda, and Volkswagen. “Electric Vehicles: 10… Read more »
The most interesting part of the 2014 Cadillac ELR is the software
We often hear automotive engineers talk about the need for a better understanding of the components of an EV. Some have said that there is an inherent inefficiency in many systems because the parts – like the battery cells, motors and inverters – have historically been developed independently of each other and then integrated together…. Read more »
Virgin and Venturi racing teams round out Formula E roster
Two high-profile groups have announced plans to field teams for Formula E, the all-electric racing series that will take place in 10 city centers around the world, beginning in Beijing in September 2014. The Virgin Racing and Venturi teams became the ninth and tenth to join, making the roster complete. Sir Richard Branson’s Virgin empire… Read more »
WiTricity to provide wireless charging technology for Prius Plug-In
The Prius Plug-In is going wireless, and WiTricity will be providing its resonant power transfer technology. This week, the Massachusetts-based MIT spinout announced an intellectual property license agreement with Toyota, which has been an investor in WiTricity since 2011. Toyota announced plans to add wireless charging to the Prius line in August. “We have heard… Read more »
New study paints a picture of EV charging behavior
Recargo, the publisher of PluginCars.com, has launched a research firm called PlugInsights. Its first report, the “2013 US PEV Charging Study” aims to be the most comprehensive look at the topic to date. The 40-page report is based on surveys of over 3,700 plug-in drivers of 17 different vehicles. According to PlugInsights, it represents more… Read more »