EDITOR'S CHOICE

OPINION : Government Support for Electric Vehicles Is Good for Everyone

14 Jan 2024 | Synopsis

"The first area where policy is needed is to help with the higher upfront costs of electric vehicles. For consumers concerned about their carbon footprint, or simply wanting to enjoy the benefits of an electric vehicle...

"The shift to electric vehicles is being driven by innovation and competition in the private sector, but government policy will significantly determine the benefits to people and the climate. Policy is needed to make EVs widely accessible to people while the technology and markets continue to mature..."

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EV Sales Are Just Getting Started

14 Jan 2024 | Synopsis

"You may have seen dire headlines that EV sales have dried up. They haven't. Electric vehicles sold reasonably well in 2023..."

"There is just one little problem: Last year, U.S. sales of EVs were the highest ever, both in sheer numbers and as a percentage of the overall new-car market...The EV Sales Tracker from EVadoption estimates nearly 1.2 million battery-electric vehicles...

"Bloomberg projects 2024 EV sales in the U.S. at just under 1.9 million units, making up 13 percent of new-car purchases."

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Mercedes: Solid-State Batteries "May Not Be Necessary"

14 Jan 2024 | Synopsis

"Markus Schafer...said improvements to the energy density of lithium ion batteries had been 'unexpected' to the point where they could end up being "neck and neck" with solid-state batteries in terms of cost and energy density.

"He conceded there is a safety advantage to solid-state technology but developments are expected in lithium technology too...Schafer also dismissed ultra-fast charging as a way of getting smaller batteries into electric cars, because range anxiety is still prevalent among buyers..."

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E-bikes Are Gearing Up For Growth

14 Jan 2024 | Synopsis

"E-bikes make up 30% of the more than 160 million bikes sold every year, meaning they have a market share more than double that of electric vehicles."

"With 70% of the global population expected to live in cities by 2050, up from 50% today, there could be a long and promising road ahead for e-bikes...The elevation of the e-bike creates an interesting investment opportunity. Government backing for micromobility supports this..."

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Can The TUK Crypto Help Fight Climate Change? Investors Seem To Think So As They Pour Funds Into TUK Presale

14 Jan 2024 | Synopsis

"Leveraging blockchain technology and AI advancements, the team is committed to establishing an ecosystem focused on combating carbon emissions through the promotion of environmentally friendly transportation options, ultimately propelling the global transition to electric vehicles.

"The ecosystem supports drivers by enhancing their potential earnings and providing various benefits to all stakeholders...eTukTuk seamlessly integrated the Layer 2 opBNB from BNB Chain, underscoring its commitment to enhancing efficiency and fostering innovation..."

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UP Super Board "Skateboard Chassis" Could Boost The Production Of EVs

13 Jan 2024 | Synopsis

"...the Super Board incorporates the batteries (under the floor), front and rear motors, suspension, thermal management system, drive-by-wire steering hardware, plus a Level 2+ driver assistance system...

"U Power claims that use of its platform should reduce the development time of EVs by at least six months, while also greatly reducing costs...U Power is also manufacturing a Super-Board-based EV of its own, called the UP Van."

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Disruptive 'Everything-By-Wire' Electric P7-C Delivery Vehicle Gets World-First Certification

13 Jan 2024 | Synopsis

"The P7-C medium duty commercial truck is based on Israeli company REE's wildly flexible, super-flat skateboard chassis.

"It's the first vehicle ever certified with no mechanical connection between the controls and the chassis...each wheel arch holds an electronically-controlled "corner unit" with everything from steering, suspension, electric drive motors, transmission, brakes, cooling and the wheels themselves built in."

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Petrolheads With EVs: How Do You Enjoy Driving Electric Cars?

13 Jan 2024 | Synopsis

"Grumpy old petrolheads complain that EVs are lifeless and dull. I disagree completely."

"I get a kick out of trying to drive with maximum efficiency. This makes monotonous commutes like the daily office commutes interesting and something to look forward for.

"The acceleration of a racing car. The muted golden silence of a Rolls Royce.

"The instant torque is addictive, and these 20-25L rupee EVs easily outpace ICE cars costing twice the money at all legal speeds."

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Hertz Is Walking Back A Big Bet On EVs. Here's What's Really Going On

13 Jan 2024 | Synopsis

"The cash generated from the sales of its EV fleet will be pumped back into meeting demand for rental ICE vehicles. This comes on the heels of Hertz's October announcement that it would be scaling back its EV operations, citing high repair costs and reduced residual value...is this an EV thing, or is it a Tesla thing?

...Hertz and other rental car companies haven't exactly nailed the experience..."

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Major Breakthrough Makes Hydrogen Fuel Cells More Practical

13 Jan 2024 | Synopsis

"...RIKEN Cluster for Pioneering Research in Japan have developed a solid electrolyte for transporting hydride ions (H−) at room temperature...advantages of hydrogen-based solid-state batteries and fuel cells are within practical reach, including improved safety, efficiency, and energy density...long-term, we believe this is an inflection point in the development of batteries, fuel cells, and electrolytic cells that operate by using hydrogen...

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