25 Apr 2024 16:16:08 UTC

 EDITOR'S CHOICE

Combustion-Vehicle Sales Peaked In 2017, Peak Oil Due In 2027

18 Mar 2023 | Synopsis

"Combustion-vehicle sales in 2022 were down almost 20% from the 2017 peak...Sales of plug-in hybrids did increase to 10.4 million cars in 2022, but even counting them toward the internal-combustion total wouldn't change things much.

BNEF "predicts that oil demand for transportation will peak in 2027, thanks to shifts in commercial trucks sales toward zero-emission vehicles. Even oil giants like Shell have admitted that the global economy is past peak oil and are investing in renewables."

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What Is Tesla's Mystery Magnet?

18 Mar 2023 | Synopsis

"...an absolute bombshell: 'We have designed our next drive unit, which uses a permanent-magnet motor, to not use any rare-earth elements at all...It was a stunning disclosure that left most experts in permanent magnetism wary and perplexed...The problem here is physics, which not even Tesla can alter.

"So if not rare-earth permanent magnets for Tesla's next motor, then what kind? Among experts willing to speculate, the choice was unanimous: : ferrite magnets."

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Comparing Auto Insurance and Ownership Costs for Electric Vehicles

18 Mar 2023 | Synopsis

"There are many factors that insurance companies consider while determining the premium...Companies also consider the cost to replace a vehicle, which is usually higher if the vehicle uses advanced technology

"The quotes revealed that one of the most affordable EVs to insure, the Kia Soul EV Premium, is 30 per cent more affordable to insure than your standard Honda Civic LX gas-powered vehicle."

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Why Electric Car Batteries May Go Round and Round Again

18 Mar 2023 | Synopsis

"By 2030, more than 1.7 million electric vehicles are expected to be roaming Australian roads...Many of those batteries are guaranteed by their manufacturers to work for more than eight years...what happens when these power sources finally wear out?

"Lithium, the metal most commonly used in electric vehicle batteries, was highly recyclable...Also making electric batteries more sustainable was their changing composition."

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Strategic Mitigation: Minimizing the Environmental Impact of Electric Vehicles

18 Mar 2023 | Synopsis

"...to successfully and realistically minimize the potential environmental impact of new technology while keeping electric vehicles on the road, it is crucial to have a well-thought-out strategy focusing on decarbonizing electricity production.

"One strategy to prevent the waste of power generated during peak daylight hours at solar power farms is to install more energy-efficient charging stations at workplaces.

"...an additional strategy that involves tracking charging habits using a smart EV charger connected to an app."

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US EV Owner Satisfaction with Home Charging Declining - JD Powers Study

17 Mar 2023 | Synopsis

"While 68% of EV owners utilize a Level 2 permanently attached station, according to the J.D. Power 2023 U.S. Electric Vehicle Experience Home Charging Survey, their overall happiness dropped 12 points year-over-year to 740 on a 1,000-point scale.

"...home-charging happiness grows when EV owners switch to a Level 2 charger from a Level 1...only 35% of owners regularly plan a time to charge their car at home, while 49% never do."

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7-Eleven Reveals 7Charge EV Fast-Charging Network and App

17 Mar 2023 | Synopsis

"Through 7Charge, 7-Eleven aims to build 'one of the largest and most compatible' electric vehicle fast-charging networks of any retailer in North America.

"7-Eleven says any EV make and model with common CHAdeMo or CSS plug types will be able to use the service...The fast-charger network will be owned and operated by 7-Eleven and will be backed by 100% green electricity...[rolling out] fast charging services in several states, including Florida, Texas, Colorado, and California."

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Hogging an EV Charger in Australia Can Result in a $2,100 Fine

17 Mar 2023 | Synopsis

"The fines will be enforced in the Australian Capital Territory, New South Wales, Victoria and Queensland, but the penalties come with the highest costs in the ACT, Queensland and NSW.

"...there are now over 83,000 EVs in the country. The upside is there are more EVs; the downside is there are also more EVs vying for the same charging stations...The heavy fines will now apply to EVs that are not actively recharging their batteries."

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Waze Update Will Point EV Drivers to Available Charging Stations En Route

17 Mar 2023 | Synopsis

"Waze tested a similar feature in 2021 in collaboration with Volkswagen, only to remove it a few weeks late...feature's reappearance is [possibly] related to Google's decision last December to combine the Maps and Waze teams under one roof as part of a larger cost-cutting measure...the update has a few rough edges that need polishing. feature is now available in" [22 countries with inclusion of the USA in April].

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Electric Aircraft Market worth $37.2 billion in 2030

17 Mar 2023 | Synopsis

"The light and ultralight aircraft segment is estimated to lead the electric aircraft market in the forecast period...while larger aircraft that cover regional transportation and business jets are expected introduction in late 2026 and early 2027.

"VTOL segment is expected to have largest market share during the forecast period. Most rotary wing UAVs are electric in nature.

"Major players operating in the electric aircraft market include Airbus SE (France), Eve Air Mobility (Brazil), Joby Aviation (US), Vertical Aerospace (UK), and Lilium N.V."

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