Let’s all shed a crocodile tear or two for the poor Tesla short-sellers. Their faces (and their balance sheets) turned an even deeper shade of red this week, as TSLA shares powered through the $200 mark without tapping the brakes, on the way to $260 and beyond. A series of positive news items has driven… Read more »
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Kia Soul EV to use new SK Innovation battery cells
Kia’s new Soul EV will use lithium-ion polymer battery cells supplied by SK Innovation, the result of a three-year joint development program between the two companies. The SK pack has 192 cells in eight modules, for a total capacity of 27 kWh. It boasts an impressive energy density of 200 Wh/kg, and is expected to… Read more »
IHS Automotive: global plug-in production will increase 67 percent this year
According to IHS Automotive, EV sales are about to take off like a Model S on a freeway onramp. The research firm predicts that worldwide production of plug-ins will soar to more than 403,000 in 2014, a 67% increase. The Europe, Middle East and Africa region will account for the largest share of production at… Read more »
Musk and Straubel talk charging and new features at European town hall meetings
Tesla bigwigs Elon Musk and JB Straubel are on tour in Europe, having question and answer sessions with Tesla owners and fans. At the Amsterdam and Oslo meetings, they covered a number of interesting topics. Version 6.0 of the software, which is now in beta testing, and should be rolled out in a few weeks,… Read more »
Auto sales, including plug-ins, freeze up in January
After a stellar 2013, overall auto sales took a big dip in January, and plug-ins were no exception to the trend. Auto sales slid 3% as snow and ice kept people away from dealerships. Total plug-in sales were little more than half of December’s (but still more than in January 2013). The LEAF was firmly… Read more »
Italian electric superbike maker: Race on Sunday to sell on Monday
Motorcycles represent one of the most exciting, and potentially profitable, niches for EVs. Many motorsports enthusiasts predict that it’s only a matter of time before electrics two-wheelers totally dominate the racetrack. However, the potential for huge sales is found on the streets of the developing world, where a motorcycle is more likely to be an… Read more »
Norway to reevaluate EV incentives: too much of a good thing?
EVs may still draw stares in many American cities, but in Norway these days, they don’t merit a second glance. For the last three months, the Model S and the LEAF have been the best-selling cars in the country. Total EV sales are around 1,200 a month, or over 10% of all auto sales. According… Read more »
BYD electric bus delivers expected range in first phase of Canadian road trials
Canadian transit companies have completed the first phase of a ten-month trial of a 40-foot BYD battery-electric bus in Gatineau, Québec and Ottawa, Ontario. The evaluation was performed by the Société de transport de l’Outaouais (STO) in conjunction with AVT, a consortium of Québec’s nine transit corporations that evaluates zero-emissions public transit technologies. The test… Read more »
What you need to know about the 2014-2015 FIA Formula E Championship
When it looks like a Formula 1 car and sounds like a hovercraft from a sci-fi movie – or maybe a fighter jet from the spirit world – that’s one of the new Spark-Renault SRT_01E race cars, specially designed for the 2014-2015 FIA Formula E Championship. That’s right: FIA, the worldwide governing body for Formula… Read more »
New study: controlled charging helps manage grid fluctuations and reduces costs
As electric vehicles proliferate, more attention needs to be paid to their interaction with the electrical grid. Some fear that abundant EVs might drive up electricity prices if they are charged during times of peak demand. In a new study published in the journal Applied Energy, Carnegie Mellon University researchers found that controlled charging of… Read more »