10 Nov 2023 | Synopsis
"This came after the politicians backed the Chinese-linked company Gotion's plans to build an electric vehicle battery factory...The German car manufacturer Volkswagen owns 30% of Gotion...Although the plant would bring more than 2,000 jobs to the community, residents were worried about Gotion's alleged ties to the Chinese government."Gotion told Politico the CCP has no role in the company's North American branch."
10 Nov 2023 | Synopsis
"Oregon-based NuScale Power...has the only small modular nuclear reactor design certified for use in the United States... it was unlikely the project will have enough subscriptions from local power providers to continue...Most prospective subscribers were unwilling to take on the risks associated with developing a first-of-a-kind nuclear project..Costs have increased more than 50% in the last two years to $89 per megawatt hour."09 Nov 2023 | Synopsis
"Some media say EV demand is slowing, and other media claim there's record demand"...perhaps it's not that EV sales aren't growing, much less growing quickly - they are...both demand and supply are up. Going back to GM, its EV production climbed 40% from Q2 to Q3, while EV sales grew 28%"...it's a mistake to imply that people don't want to buy EVs because data shows demand is resilient and sales are growing consistently."
09 Nov 2023 | Synopsis
GM recently announced a partnership with Niron Magnetics, a Minnesota-based company that claims to have developed automotive-grade permanent-magnet motors without the rare-earth materials used in current designs...Niron's tech is based on iron nitride...limited supply of rare-earth materials has also led to concerns over high costs and price volatility."GM and Niron work to bring the latter's tech to future EVs, although no timeline...given.
09 Nov 2023 | Synopsis
"...electricity from solar energy will exceed the amount of energy coming from hydropower sources by about 14%..EIA attributes this prediction to continuing growth around the U.S. in both utility-scale and small-scale solar facilities."installed solar capacity has had a growth rate of 44% per year on average from 2009 to 2022, while installed hydropower electric capacity’s growth rate averaged less than 1% per year in the same time frame."
09 Nov 2023 | Synopsis
"Hundreds of fossil fuel extraction projects now planned or already in production constitute so-called carbon bombs...Fossil fuel companies' production levels render such temperature goals all but impossible to achieve. A University College London study found that limiting heating to 2 C would require stranding a third of oil reserves, almost half of gas reserves, and more than 80 percent of coal reserves...aggressive energy policies to limit warming to 2 C would mean that $1.4 trillion in existing projects would lose their value."09 Nov 2023 | Synopsis
"The electric car era is transforming economies around the world - and creating new flashpoints, as communities vie for jobs, investment and innovation"BloombergNEF forecasts the cumulative value of all forms of EV sales will hit $8.8 trillion by 2030 and $57 trillion by 2050...It''s all up for grabs. And nobody wants to be left behind."
08 Nov 2023 | Synopsis
"...new two-rotor rotary EV system in the Iconic SP Concept, Mazda has taken its classic rotary technology and given it some future flavor. The engine is electric, but its batteries take power from a rotary engine which, apparently, can run on different types of fuel...a highly scalable rotary engine that can burn various fuels such as hydrogen, generates electricity with carbon-neutral fuel."08 Nov 2023 | Synopsis
Researchers from George Washington University...report that the current generation of EV owners drive notably less than owners of gas vehicles, which means lower emissions savings from EVs...study notes gaps among both cars and SUVs; electric cars traveled 7,165 miles while gas-powered cars traveled 11,642 miles..For maximum impact, we need the highest-mileage drivers behind the wheel of EVs rather than low-mileage drivers"08 Nov 2023 | Synopsis
"Tesla's NACS connector is smaller and the cable is more lightweight, meaning it's easier to plug in and charge your car...Most importantly, though, there are around 19,000 ports with NACS connectors in the US, while there are around 10,000 ports with CCS connectors."During 2024, carmakers will begin providing adapters for drivers of their current EVs. From 2025, new EVs will come equipped with Tesla charging ports built in."
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