EDITOR'S CHOICE

Lucid 'On Track' to Produce Over 10,000 EVs Annually in Saudi Arabia

02 Dec 2024 | Synopsis

In September 2023...the facility started operations with Semi-Knocked Down (SKD) assembly, using vehicle kits pre-manufactured at Lucid's main factory in Arizona...in January 2024, the company began construction on an expansion to transform the plant into a Complete Build Unit...Lucid projected that its manufacturing plant in Saudi Arabia could generate up to $3.4 billion in value over a 15-year period with annual production reaching 150,000 at peak.

"Saudi Arabia's Public Investment Fund (PIF) stake in Lucid has recently surpassed 60%."

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Stress Test: Making Electric Cars Safe

02 Dec 2024 | Synopsis

"TUV Sud...a branch of the German certification and inspection body - located outside of Turin, Italy - takes batteries, motors, inverters, and everything else that operates at high voltage in a zero-emission car and subjects it to all kinds of stress to assess its safety and performance...the stress test cycle developed by TUV Sud takes place under simulated environmental conditions."

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EVs Help Vehicle Emissions Drop To Historic Low In The U.S.

02 Dec 2024 | Synopsis

"EVs and PHEVs brought huge climate wins for the transportation sector in 2023. Emissions are down, fuel economy levels are up."

"Now a combination of pro-EV regulatory framework, compliance by automakers and increasing adoption from consumers is helping turn the tide...real-world new-vehicle CO2 emissions dropped to a record low of 319 grams per mile for MY2023 vehicles, an 18-point reduction...Fleetwide fuel-economy levels for new vehicles reached a record 27.1 miles per gallon, a 1.1 mpg increase compared to the year before."

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Everything You Need To Know About Formula E's Latest Electric Car: GEN3 Evo

01 Dec 2024 | Synopsis

Key technical enhancements for the new GEN3 Evo race car include:

• 0-60mph in 1.82 seconds (0-100kph in 1.86s), 30% faster than a current F1 car.
• aggressive new body kit designed to be stronger, more robust and more aerodynamic
• All-wheel drive available during qualifying duels, race starts, and ATTACK MODE
• The fastest Formula E car with top speed of 200mph

. First race set for December 7, 2024 in Sao Paulo.

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Recharge for Rights: Ranking the Human Rights Due Diligence Reporting of Leading Electric Vehicle Makers

30 Nov 2024 | Synopsis

"Amnesty International has assessed 13 global brands. The 103-page report finds that most companies are not demonstrating sufficiently that they are meeting international human rights standards or even putting their own policies into action"

Of the major global brands evaluated, Mercedes score hightest with 51 points out of 90, followed by Tesla at 49/90. Lowest scoring is BYD at 11/90."

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Electric Vehicle Surprise! Canoo's Unique Market Move to Introduce Subscription Model

30 Nov 2024 | Synopsis

"Canoo is pivoting towards a subscription-based model, targeting businesses and urban fleets rather than individual car buyers.

"subscription model is expected to open up a new revenue stream for Canoo, which could potentially solidify its financial standing in the highly competitive EV industry. By aligning its business model with the growing trend of car-as-a-service, Canoo is tapping into a market projected to expand significantly over the coming years."

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Renault Mobilize Duo and Bento, The Small Electric Vehicle Designed To Decarbonize Cities

30 Nov 2024 | Synopsis

"...small size electric vehicle with zero exhaust COâ‚‚ emissions is composed of 40% recycled materials and is 95% recyclable...by limiting the number of parts used, which in turn limits the emissions linked to their manufacture, facilitates their reconditioning and guarantees the vehicle's durability...Duo has five times fewer parts than a traditional car...production of all Duo and Bento parts and components generates 66% fewer greenhouse gases than an A-segment electric vehicle...an entry price of around €9,000..."

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Early Detection Makes Batteries Safer - TU Darmstadt And MIT Develop Methods For Monitoring With Machine Learning

30 Nov 2024 | Synopsis

"Institute of Automation Technology and Mechatronics at TU Darmstadt...and...MIT, developed a method that combines physical methods with machine learning. Using recursive Gaussian processes, they can detect time-dependent and operational changes in battery cells...

"...the scientists were able to use a unique dataset: a research partner anonymously provided data from 28 battery systems that had been returned to the manufacturer due to problems..."

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China's EV Boom Threatens to Push Gasoline Demand Off a Cliff

29 Nov 2024 | Synopsis

"...according to official statistics, China's sales of electric vehicles and hybrids have in fact reached a tipping point. They've accounted for more than half of retail passenger vehicle sales in the four months from July...The more rapid-than-expected uptake of EVs has shifted views among oil forecasters...CITIC Futures Co. sees Chinese gasoline consumption dropping by 4% to 5% a year through 2030."

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Self-Driving Cars Found Safer Than Human-Driven Except For 3 Specific Areas

29 Nov 2024 | Synopsis

"...'autopilot' vehicles are very much a focus of future transportation...seemed like a distant reality over a decade ago, they are very much viable in the modern world - and surprisingly safe too.

"...accident data collected in California between 2016 and 2022...accident data collected in California between 2016 and 2022...Three key areas where humans did it better though were situations at dawn, at dusk, and involving corners."

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Largest All-Electric Aircraft In History Will Take Off In 2025

29 Nov 2024 | Synopsis

"The ES-30 commercial aircraft is designed to take off from runways as short as 1,100 m (3,609 ft), thanks to its high-torque electric motors and turbo propellers, and is going to feature a hybrid system to allow for a total range of nearly 250 miles

"Heart isn't looking to replace major airliners. Instead, the focus is on connecting smaller 'pocket airports' with roughly 2 acres of space in underserved communities."

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Biden's Climate Law Can't Die. Wall Street Loves It Too Much.

28 Nov 2024 | Synopsis

"...a group of 18 House Republicans wrote to Speaker Mike Johnson in support of the clean energy tax credits that are the cornerstone of the legislation...the IRA's tax credits a 'bottomless mimosa bar' for the financial market, and bankers are swanning up to get smashed on unlimited tax incentives for clean energy investment...The tax credit transfer market has grown to $20 billion to 25 billion in a mere 20 months."

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