Volkswagen, which has unveiled the most ambitious electrification plans of any of the legacy automakers, does not believe the transition to EVs will hurt its profit margins, CEO Herbert Diess said in an interview with la Repubblica (via Reuters). “We do not expect a deterioration in margins. Our advantage is that all our brands have… Read more »
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Plug In America releases Used EV Buyers Guide
Although new EVs still cost considerably more to buy than comparable legacy vehicles, we’re seeing more and more articles arguing that the total cost of ownership, considering savings on fuel and maintenance, is actually lower. However, such arguments are moot for car buyers whose budget won’t cover any new car. For these folks (who probably… Read more »
New front in the war against EVs: ferreting out erroneous tax credit claims
Governments often use selective law enforcement to blunt the effects of unwanted policies instituted by previous administrations. Is this what’s going on with an audit of federal EV tax credit claims? The Wall Street Journal reports that the Treasury Inspector General for Tax Administration (TIGTA), an arm of the Treasury Department and thus of the… Read more »
Tesla non-pickup truck to be revealed in November
Tesla’s pickup truck is surely the most eagerly-awaited new vehicle since…well, Tesla’s last vehicle. Pickups are the biggest segment of the US auto market, and electrifying them will be a major, and necessary, turning point for EV adoption. Ford, GM and startup Rivian all have electric pickups in various stages of development, but Tesla is… Read more »
V2G value propositions: Fermata Energy is focused on building financially viable solutions for vehicle-to-grid
David Slutzky, an accomplished entrepreneur, has an eclectic background. In addition to having founded several successful companies, he’s served as a local elected official as well as a Senior Policy Advisor in the Clinton White House and the EPA. He’s been teaching at the University of Virginia for some time, on the Commerce, Architecture and… Read more »
Piotrek and CSIRO partner on solid-state battery research
Australia’s national science agency, CSIRO, and Japanese chemical manufacturer Piotrek have partnered to produce the next generation of solid poly electrolytes (SPEs) for lithium batteries, using Piotrek’s ion conducting polymers (ICP) and CSIRO’s reversible addition-fragmentation chain transfer (RAFT) polymer technology. Piotrek General Manager Ihei Sada said, “This partnership will help Piotrek make our batteries safer… Read more »
New report: 33% of buses will be electric by 2030
E-buses will make up nearly 33 percent of all buses worldwide by 2030, according to a recent report from Navigant Research. The Electric Buses report finds that China will continue to be the global leader in e-bus sales, maintaining 74 percent of the market share by 2030, while North America and Europe will make up… Read more »
Unions fear electrification will vaporize their jobs
As the legacy automakers finally begin to get serious about electrification, it’s becoming increasingly clear that the accelerating transition will result in a major restructuring of the industry, which seems likely to include substantial job losses. As a recent Bloomberg article reports, fear of the electric future is an underlying reason for the United Auto… Read more »
ExxonMobil launches new suite of fluids and greases for electric vehicles
ExxonMobil has launched a new suite of fluids and greases, named Mobil EV, to meet the drivetrain requirements of electric vehicles. ExxonMobil says the Mobil EV suite of products contains molecules carefully selected and blended to help EVs travel farther between charges, extend component life, and operate more safely. The Mobil EV product range includes:… Read more »
DTE Energy installs four Chargepoint fast chargers in downtown Detroit
ChargeD, a collaboration led by local utility DTE Energy with support from the City of Detroit, GM and Blue Energy, has installed four Chargepoint Express 250 fast charging stations at Capitol Park in downtown Detroit, as part of Project Kinetic, a new mobility program. It also plans to install two more public chargers downtown. As… Read more »