Daimler is accelerating into the electric future. Last year the company spent about half of its 5-billion-euro R&D budget on electrification and other emission-reducing technologies, and announced that it would introduce 10 new plug-ins by 2017. The Mercedes S550 Plug-In Hybrid, the group’s third model with a cord, went on sale in the US in… Read more »
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California regulators put the brakes on PG&E’s plan for vast EV charging station deployment
San Francisco-based Pacific Gas & Electric (PG&E) probably has the most EVs in its service territory of any utility in the country – some 65,000, or 20 percent of the US total, according to a spokesman. The company wants to build an enormous deployment of 25,100 charging stations in northern and central California – the… Read more »
Russian Prime Minister orders all gas stations to install EV charging stations
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 »
Study: EV tax credits go mostly to high-income households
A new study from the Energy Institute at Haas, University of California, Berkeley, has reached an unsurprising conclusion: the benefits of federal tax credits tend to go mostly to higher-income households. Researchers Severin Borenstein and Lucas Davis found that 60% of the $18 billion in US federal clean energy tax credits issued between 2006 and… Read more »
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 »
UK report delivers details of growing Ultra Low Emission Vehicles market
The UK government is one of the more proactive ones in Europe when it comes to electromobility – it is electrifying public transport, investing in charging infrastructure, and offering cash grants to EV buyers (and, in Scotland, interest-free loans). The UK Department for Transport has released a report detailing the results of its efforts so… 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 »
Scotland offers interest-free loans for plug-in purchases
Scottish EV buyers can now finance their purchases with sweetheart loans, in addition to receiving the UK Government’s Plug-in Vehicle Grant of up to £5,000 for a new EV (£8,000 for a van). A new £2.5-million fund, financed by Transport Scotland, offers six-year, interest-free loans for the purchase price of a plug-in vehicle (up to… Read more »
Ports of Los Angeles and Long Beach to test seven hybrid fuel cell Class 8 trucks
The California Energy Commission (CEC) has approved a grant of $2.4 million to the South Coast Air Quality Management District to build and test seven hybrid fuel cell Class 8 trucks to transport cargo at the Ports of Los Angeles and Long Beach. The goal of the project is to develop a vehicle architecture that… 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 »