Sometimes kids can’t wait to be grown-ups, but growth takes time. An acorn doesn’t become an oak tree overnight. Electric vehicles are a growth industry, and many people in that industry would like to see explosive expansion, rather than the slow and steady gains that have characterized the market for years. Yet even slow progress… Read more »
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Thin film heater for EVs saves energy and range
Unlike an ICE vehicle, which produces more than enough engine heat to warm the interior, an EV requires an additional electric heater, which gobbles power and limits range. In a worst-case scenario on a cold winter day, the car’s effective range could be cut in half. Several groups around the world are looking for a… Read more »
Another Chinese-backed startup announces plans for an electric supercar
New EV companies are cropping up like dendrites on a lithium metal anode. The latest startup to emerge from stealth mode is called NextEV. Like many of the current crop (see Faraday Future, Atieva, Fisker, Leshi), NextEV is backed by Chinese investors, and is not affiliated with a traditional automaker, although it has recruited execs… Read more »
Tesla: cost of providing Supercharging “immaterial”
Stock-market pundits are all over the map when it comes to Tesla. One recently predicted that the EV-builder’s stock price is poised to double, thanks mostly to a new Uber-like business that, so far, exists only in said pundit’s writings. Another insists TSLA is heading for a crash, claiming that the company loses money on… Read more »
I want my Infiniti EV! Is it on-again or off-again?
If, as most of the media is convinced, the world’s luxury automakers are all scrambling to deliver a competitor for Tesla’s Model S, then it would seem only logical for Nissan, builder of the world’s top-selling EV, to produce an upscale EV under its luxury brand, Infiniti. In fact, the gentlemen from Yokohama already thought… Read more »
Dana kicks copper to the curb in favor of all-aluminum cooling products for EVs
In 1982, the US Mint made the practical decision to change the composition of the penny coin from 95% copper/5% zinc – an alloy you know as brass – to 97.5% zinc with copper plating. Inflation had pushed the price of copper in a penny above one cent, and zinc was significantly less expensive and… Read more »
BorgWarner to buy motor-maker Remy International for $950 million in cash
Global auto parts supplier BorgWarner (NYSE:BWA) has agreed to buy motor manufacturer Remy International (NASDAQ: REMY) for about $950 million in cash. The offer of $29.50 a share represents a 44% premium to Remy’s Friday closing price. The deal is expected to close in the fourth quarter of 2015. Both companies have histories in the… Read more »
Elon Musk vs the LA Times: Yes, Tesla has benefited from government incentives. And?
The LA Times recently ran a “now it can be told” article highlighting the various government subsidies and incentives that benefit Tesla and Elon Musk’s other companies, SolarCity and SpaceX – a total of about $4.9 billion by the Times’ reckoning. Certainly Tesla, like many other energy companies and automakers, has benefited from a wide… Read more »
Maryland allows Tesla to sell direct
One more state turned Tesla-colored this week, as Maryland governor Larry Hogan signed a bill that will allow Tesla to expand its direct sales model to the Ocean State. Unlike dealer groups in other battleground states, the Maryland Automobile Dealers Association actually supported the bill, probably because automakers covered by the new law are limited… Read more »
EXCLUSIVE: Stealthy EV startup Atieva ramps up hiring, including many top ex-Tesla engineers
Last month at the SAE World Congress in Detroit, Charged came across a very interesting booth in the career development section. Atieva, a company we’ve heard little about, is hiring a lot of engineers for a new EV project. “Atieva is designing and creating a breakthrough electric car in the heart of Silicon Valley,” says the… Read more »