Well, that’s one way to get a charging network rolled out in a hurry. Russian Prime Minister Dmitry Medvedev has decreed that all gas stations must be equipped with public EV chargers by November 2016, the Moscow Times reported. Critics immediately pointed out the incongruity of such a sweeping measure in a country that is… Read more »
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StoreDot says its battery tech charges 10 times faster
Put this one in the “If it can do what they claim, it really will be revolutionary” category. Israeli battery developer StoreDot says its EV FlashBattery can charge a 300-mile battery in 5 minutes – almost 10 times faster than today’s state of the art. In 2014, StoreDot demonstrated the FlashBattery, which it says can… 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 »
New process recycles rare earth element from scrap magnets
Rare earth elements, prized for their magnetic properties, are used in a wide range of modern technology, including advanced electric motors. Unfortunately, they are expensive, and some are available only from problematic parts of the world. To make it easier to recover and recycle rare earth minerals, the DOE’s Critical Materials Institute (CMI) has developed… Read more »
Analyst predicts Tesla will eat Uber’s lunch, doubling stock price
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 »
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 »