In 2015, Israeli battery developer StoreDot announced plans to enter the EV market with battery cells that it said could enable a 300-mile battery pack to be charged in 5 minutes. Now the company has launched engineering samples of its first-generation batteries that are designed to be manufactured at scale on traditional Li-lion production lines…. Read more »
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Kia unveils a roadmap for a shift to electrified vehicles, including 11 new EVs by 2026
Kia announced an update to its Plan S mid- to long-term roadmap at the company’s 2021 CEO Investor Day event. The new strategy features a renewed emphasis on the transition from ICE vehicles to electrified models. “Kia is being reborn in 2021 with a new logo, new design, and new corporate name,” said CEO Ho… Read more »
Green Tesla embraces carbon-intensive bitcoin
Elon Musk is by nature an iconoclast, a disrupter, an upsetter of applecarts and a slayer of sacred cows, so his long-standing interest in bitcoin, which has been described as “a techno-anarchist project” and “a way to separate money from the state,” is not at all surprising. Now Tesla has purchased $1.5 billion worth of… Read more »
Effenco offers its heavy-duty EV powertrain at the same purchase price as diesel alternatives
Effenco, a designer of electric propulsion systems for heavy-duty commercial vehicles, says its new electric solution is available at the same purchase price as diesel alternatives. Effenco’s powertrain uses ultracapacitors to optimize the battery load and increase efficiency. The company says its ultracapacitors also enable much faster charging than competing systems, and it’s equipped with… Read more »
Is Ford’s increase in EV investment a shot across GM’s bow?
Ford’s Q4 2020 earnings report included an announcement that the automaker will increase its investments in electrification to at least $22 billion through 2025, nearly twice the previously-announced level (the company also committed an additional $7 billion to autonomous vehicle tech). As auto analyst John Voelcker pointed out, Ford’s figure tops GM’s announced investment of… Read more »
An ENERGY STAR charger specification program update
The EPA’s ENERGY STAR label is one of the most widely known consumer symbols in the US. ENERGY STAR-certified products have helped consumers save an estimated $246 billion in energy costs since 1992, when the program began. In 2018, the ENERGY STAR program added EV chargers to the list of products that can earn its… Read more »
Overlooked gems in Tesla’s Q4 earnings call
Tesla’s latest earnings report was loaded with good news: the company’s sixth straight quarter, and first full year, of profitability; increased sales ($31.5 billion in 2020, compared to $24.6 billion in 2019); a healthy cash position ($19.4 billion as of year-end, compared to $6.3 billion at the end of 2019); and plausible plans for steady… Read more »
GM aspires to stop selling ICE cars by 2035, will roll out 30 pure EVs by 2025
GM has thrown down the electric gauntlet to the auto industry, announcing plans to become carbon-neutral by 2040, and to set “science-based targets” to achieve carbon neutrality. GM worked with the Environmental Defense Fund to “develop a shared vision of an all-electric future and an aspiration to eliminate tailpipe emissions from new light-duty vehicles by… Read more »
President Biden announces plan to update federal vehicle fleet with US-made EVs
President Joe Biden has announced that he will replace the entire US federal fleet with US-made electric vehicles. “The federal government also owns an enormous fleet of vehicles, which we’re going to replace with clean electric vehicles made right here in America, by American workers,” said the 46th president. The administration has not announced a… Read more »
Volkswagen brand triples deliveries of pure EVs in 2020
EV sales soared in Europe in 2020, and at least two legacy automakers, Daimler and Volkswagen, appear on track to meet the EU’s stringent emissions targets for the year. For the Volkswagen brand (part of the larger Volkswagen Group, which also includes Audi and Porsche), 2020 was “a turning point [and] a breakthrough in electric… Read more »
