EDITOR'S CHOICE

EDITORIAL: Drive Carefully Toward EV Future

15 Apr 2023 | Synopsis

"...we are facing such a crisis, and the rapid conversion of U.S. cars and trucks to electric power is necessary...we are concerned that the Biden team is overdriving its headlights.

"The last thing we need is a moonshot-scale EV effort that can't get out of the garage - especially if, perversely, it turbocharges its opponents.

"Politicians who keep America's climate progress mired in political strife appear to care little about the damage they cause."

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The Critical Minerals Club

15 Apr 2023 | Synopsis

"The United States and allies aim to sidestep reliance on China for the materials needed for clean tech and advanced defense gear."

"U.S. lawmakers are scrambling to weaken China's grip on the critical mineral supply chains that are key to the global energy transition..

Globalization "2.0 version is about values-driven economics, and that is a very big change, one that we cannot underscore enough..By 2050, clean energy technology could require billions of tons of these minerals as inputs, according to the World Bank."

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China EV Race: How BYD Grew from Elon Musk's Ridicule to Berkshire Hathaway's "Ridiculous" US$98 Billion Success In 12 years

15 Apr 2023 | Synopsis

"Investors who followed Berkshire Hathaway's 2008 investment in BYD also laughed their way to the bank, as the stock’s value has soared 40-fold since Berkshire's vice-chairman Charlie Munger decided to back the then little-known company...BYD is now worth HK$766.68 billion (US$98 billion), almost the value of General Motors and Ford Motor combined..delivered 1.86 million fully electric and plug-in hybrid automobiles in 2022.

"That outsold Tesla?s 1.31 million cars by 42 per cent and cemented BYD?s position as the world?s No. 1 producer of electric vehicles."

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SWTCH Energy Unveils SWTCH Control To Solve EV Charging Capacity Challenges At Aging Multi-Tenant Buildings

15 Apr 2023 | Synopsis

"SWTCH Control is an intelligent load management system that keeps an eye on energy use in multi-residential buildings and distributes charging to times when there is less demand...The system ensures the electrical capacity of the building is never exceeded and that all electric vehicles are fully charged by the morning.

"More than one-third of all North Americans live in multi-tenant properties, and most still can't charge at home..."

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New Data Shows A Major Issue With Electric Vehicles Is Getting Resolved - And It Could Change Our Driving Habits Forever

14 Apr 2023 | Synopsis

"...new advancements have allowed for the range of EVs to steadily increase, with the average range going from 260 miles per charge in 2020 to 291 in 2022. Overall, the average range since 2011 has quadrupled...

"...International Energy Agency reports that public EV charging stations were up 40% in 2021. And in the coming years, 35 U.S. states will be getting a combined 500,000 chargers, thanks to new government policies."

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How Much Would You Pay For the Best EV Battery?

14 Apr 2023 | Synopsis

"...79% of respondents say they value battery range over all else. In fact, battery performance is so valuable that they're willing to pay over $13,000 on top of the vehicle price...Nearly two-thirds (65%) of buyers looking for a vehicle under $55,000 are interested in paying more for a better battery...Survey respondents say they are willing to pay as much as $200-$250 per month for a battery with extra range...2% said they are still happy with their decision."

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Chinese 'Artificial Sun' Reach 70 Million Degrees Achieves Record Fusion In Test: Hopes Raised to Solve World Fuel Needs

14 Apr 2023 | Synopsis

"Experimental Advanced Superconducting Tokamak (EAST) managed to burn hot plasma for nearly seven minutes, smashing the previous record of 101 seconds...the EAST machine...performed a "high power, stable, steady-state long-pulse high confinement mode plasma operation," for a whopping 403 seconds.

"The main significance of this new breakthrough lies in its 'high-confinement mode,' under which the temperature and density of the plasma

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The EV Transition Has Fossil Fuel Companies Scared

14 Apr 2023 | Synopsis

"In the wake of new U.S. vehicle emissions laws, the fossil fuel industry is trying to win moral high ground by arguing that cutting emissions is the wrong goal."

American Fuel and Petrochemical Manufacturers association [favors] focusing on expensive, energy-intensive, difficult-to-scale carbon capture technology to pluck those emitted particles from the atmosphere. It's Occam's Razor in reverse: The most overcomplicated solution, that harms the profits of the fewest archaic industries..."

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Banks Have a Climate Problem

14 Apr 2023 | Synopsis

There are two types of emissions targets for banks: Absolute...aims for a specific total volume of emission cuts relative to a baseline, and intensity...aims for a specific level of emissions per dollar of financing.

"...the climate plans of six major U.S. banks...are on track to be where they need to be by 2030 to limit warming to 1.5 C. Only Bank of America is on track for 2 C...60 largest global banks...dedicated $5.5 trillion in total $5.5 trillion in total to oil, gas, and coal since 2016."

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E-Bikes: The Ultimate Commuter Hack That's Saving the Planet, One Ride at a Time!

13 Apr 2023 | Synopsis

"...30% of E-bike users in Europe primarily use their E-bikes for commuting to work or school, demonstrating the significant demand for E-bikes in the commuter/urban segment...North America will become a dominant player in the E-Bike market from 2022 to 2030...U.S. government announced a $3 billion investment in the development of e-bike infrastructure...Asia Pacific region is expected to maintain its leading position in the E-bike market."

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