Some of the more colorful conservative media would have us believe that EVs are exploding death traps, while Tesla and other EV makers insist that they are actually far safer than ICE vehicles. The truth, according to the top US auto-safety regulator, lies somewhere in between. “We believe they don’t pose any greater risks than… Read more »
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Update: BMW i3 with gas range extender ineligible for coveted California carpool sticker
Updated 1/10/14 10:00am EST to include response from BMW. BMW’s new i3 is available with an optional feature that’s the first of its kind – a small range-extending gas engine. However, financial publication The Street reported this week that there’s a drawback to opting for the REx – it makes the car ineligible for California’s… 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 »
Stock strategist: Most investors don’t understand electric cars
“The car market is at the start of a major transition,” writes Chris Umiastowski in the Toronto Globe and Mail. “The electric-car market…faces an enormous growth curve that is not well understood by the general public.” Umiastowski’s main point is to explain why he’s bullish on the stock of Tesla (Nasdaq: TSLA), but his article… Read more »
December plugin sales: LEAF has best month ever, but Volt wins top spot for 2013
It was a banner year for plug-in vehicles, as 2013 sales (94,019) almost doubled 2012’s figure (52,581), and several new models made strong debuts – US buyers now have a choice of 16 mainstream plug-in models, compared to 9 at the end of last year. Overall US auto sales are up 8% in 2013, according… Read more »
Report: sharp growth for battery materials market, driven by EV industry
Dallas, Texas market research and consulting company MarketsandMarkets predicts that the global battery materials market will be worth $11.3 billion by 2018. In 2012, its value was $5.1 billion, and the firm estimates a 13 percent compound annual growth rate from 2013 to 2018. They expect electric vehicles to be the key revenue generators for… Read more »
Charging pains in Europe’s EV capital
Norway has quickly become the world’s EV trendsetter. In April, the LEAF was the second-best selling model in the country, and had sold over 4,500 units. In September, Tesla’s Model S became the top-selling car. In fact, EVs have long been popular in the Scandinavian country – the current total of 15,000 EVs also includes… Read more »
Rumors grow of redesigned Volt and another new Chevy EV in 2016
It’s technically still a rumor at this point, but it’s beginning to sound likely that Chevrolet plans to launch not only a next-generation Volt, but a new EV with a 200-mile range, around 2016. A recent article in Bloomberg Business Week about Mary Barra, who will take over from Dan Akerson as CEO of GM… Read more »
November sales: LEAF edges into lead, Prius falls back
It’s a nail-biting battle for the lead in the plug-in sales race. The Nissan LEAF barely edged into the lead for November, selling 2,003 units – one more than in October. Sales of the world’s most popular pure EV have already more than doubled 2012’s figure. The 2014 LEAF is in production now and should… Read more »
Model S fires: NHTSA requests information, German agency finds no defects
The National Highway Traffic Safety Administration (NHTSA) has issued a formal request for detailed information from Tesla for the agency’s investigation into the recent Model S fires. NHTSA is investigating “underbody deformation in the Model S resulting from impacts with road debris including, but not limited to, consequent intrusion into the battery compartment and associated… Read more »