31 Jul 2022 | Synopsis
"...several banks and credit unions serving the [North Carolina] Triad are plugging in EV loan pitches with interest rates as low as 1.99%."Bank of America Corp. is offering car loan rates of 4.24% APR for a new EV, 4.44% for a used EV...and 5.19% for refinancing.
"Truist Financial Corp. recently launched...email campaign...with the tagline, EV financing that's always up to speed at 3.38% APR for those "with excellent credit."
31 Jul 2022 | Synopsis
"The European Commission plans to double high-speed rail traffic by 2030 and triple it by 2050,"Trains already boast impressive green credentials when you factor in their high degree of electrification relative to other transport modes...As it stands, they’re responsible for a mere 0.5 per cent of carbon emissions within the EU."
31 Jul 2022 | Synopsis
"...important lessons for the EV charging industry to learn from the humble gas station [that] have had negative environmental impacts on their neighborhoods, in some places - especially communities of color - gas stations are an important part of the societal fabric.The Biden administration, for its part, has committed to ensuring that 40% of federal climate and energy investments benefit disadvantaged communities."
31 Jul 2022 | Synopsis
"A team from Eindhoven University of Technology in The Netherlands has created Stella Vita, an electrically-powered campervan that is adorned with solar panels to charge its batteries."Across its roof, the camper has up to 180 square-feet of solar panels, which charge a 60-kWh battery pack to power the van as it drives...the battery pack provides up to 595km of range...solar cells..add an extra 129 km of range on a sunny day."
31 Jul 2022 | Synopsis
Global Air Cylinder Wheels...developed a new type of wheel that ditches the need for pollutive rubber tires."The patented ASW is a mechanical wheel constructed mostly of steel with in-wheel pneumatic suspension through cylinders. It is both environmentally friendly as well as cost-efficient."
Rubber OTR mining tires are expensive: for example, a typical 13,000-pound tire can cost up to $75,000 for a useful lifetime of only 6 to 9 months."
30 Jul 2022 | Synopsis
"The beauty of an e-bike is that you can decide how much work it's doing... Most e-bikes have a couple levels of assistance -- and you can switch between them --with the lower levels allowing you to preserve more battery -- and crank up your fitness more..."If you're wanting to combine a workout and a commute, an e-bike is ideal because it can help you get an aerobic workout in while getting you to your destination faster."
30 Jul 2022 | Synopsis
"Anyone who has driven a standard gas-powered car their whole lives may be hesitant to adopt this new technology, especially when gas stations remain prevalent and public EV chargers few. If you're in the market for a new car this year, or are just 'EV curious,' here are facts to consider."The Department of Energy has a good calculator to compare costs for what you’re driving now vs. an EV."
30 Jul 2022 | Synopsis
"But the irony is, for now Quantum has to get its lithium elsewhere"'The company builds small, quirky cars that can fit up to three passengers and go no faster than 55 kms (34 miles) per hour. But...most drivers in Latin America do not go long distances nor do they have high average speeds due to chronic gridlock. Quantum, a niche automaker based in the city of Cochabamba...has produced just 1,500 vehicles so far..."
30 Jul 2022 | Synopsis
"Restoring the credits would be huge for Tesla and General Motors, which have used up their quotas, as well as companies like Ford Motor and Toyota that will soon lose access to the credits."A big swath of middle-class Americans will be able to get this credit that otherwise would have been blocked out because of the credit limit."
"The bill, more than 700 pages, never mentions China"..but...
30 Jul 2022 | Synopsis
"...rising popularity of Formula-E coincides with...surge in electric vehicle adoption globally. Sales of EVs doubled to a new record of 6.6 million in 2021 worldwide."Electrification of our roads is a key part of the future and meeting net zero goals, and events like the London E-Prix help to bring attention and excitement to the industry." UK Government announced...it would invest an extra £s;450m to increase public charge points."
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