EDITOR'S CHOICE

You Should Probably Lease A New EV Instead Of Buying One

24 Jan 2024 | Synopsis

"If you're in the market for an EV, though, there are still some deals to be scored - but you might be better off leasing it...It all depends on what a customer is trying to accomplish regarding their monthly payment target and vehicle needs.

"With the electric vehicle market favoring the buyers instead of the sellers, the lease could actually be the better play for the following reasons."

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NASCAR's EV Concept Will Debut Next Week

24 Jan 2024 | Synopsis

The electric stock car will make a demo run at the Los Angeles Coliseum, but do not expect to see it race any time soon.

One NASCAR team, Joe Gibbs Racing, already has an electrified stock car of its own (see above image)...After a reported 340 laps of testing at Martinsville, NASCAR has decided that this concept is ready to debut.

"An electric racing series will not necessarily follow any time soon, but the demo in Los Angeles is the first public step in NASCAR's exploration of alternatives to traditional gasoline power."

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How Do We Get Out of This Mess? Try Mission-Driven Capitalism

24 Jan 2024 | Synopsis

Co-authors Arun, Gerry, and Thomas share 5 key takeaways from "Venture Meets Mission" starting with "most pressing challenges require a renewed partnership between government and entrepreneurs." Additional points including the need to "humanize government and personalize entrepreneurship," noting that "accelerating innovation demands comfort with risk" and 'demoncracy's superpower is our higher education and venture ecosystem. [AUDIO AVAILABLE]

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Electric Aircraft Offer Major Climate Benefits

24 Jan 2024 | Synopsis

"According to the [Chalmers Unversity of Technology] study, after just one quarter of the expected lifespan of the electric aircraft, the climate impact is lower than that of the fossil fuel-based aircraft, provided that green electricity is used...

"...the team investigated the entire impact of each aircraft from 'cradle-to-grave' - from raw material extraction to end of life...key take-home from this study is that small electric aircraft can have a notably lower climate impact ? up to 60 percent less..."

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Bloomberg: Apple Targets 2028 Release Date For Its 0wn Electric Vehicle

24 Jan 2024 | Synopsis

"Initially planning to make a fully autonomous vehicle without a steering wheel, those lofty ambitions have come crashing down to earth in recent years.

"...has had to confront the reality of its vision of a car without a steering wheel is unrealistic...has had to confront the reality of its vision of a car without a steering wheel is unrealistic...This will represent a Level 2+ system; originally Project Titan was aiming for Level 4"

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Electrification 101: How RMI's New Tool Can Help Utilities Proactively Plan for EVs

23 Jan 2024 | Synopsis

"By 2030, we expect to see fully electrified fleets and, by 2035, EV’s comprising 100 percent of vehicles sales in some states...Understandably, we have not built today’s US electric grid to rapidly replace the fossil fuel-based vehicle fueling infrastructure.

RMI's "GridUp tool will forecast energy and power demand from electric vehicles, enabling utilities and regulators to proactively prepare the grid for the growth in EVs."

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EV Swaps For High-Mileage Drivers Is A National Priority - Here's Why

23 Jan 2024 | Synopsis

"...a recent study sheds light on a unique segment of the U.S. population known as 'superusers"...Despite being a small fraction of drivers, they consume a staggering 35% of all gasoline, surpassing the total gasoline consumption of China.

"The study urges a shift in focus from affluent, early adopters of EVs to address the unique needs of these high-mileage drivers facing economic barriers and relying on older, gasoline-powered vehicles."

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China EV Overcapacity Fix Would Be A Crowd Pleaser

23 Jan 2024 | Synopsis

China's "vice minister of industry and information technology ...pledged to reduce EV makers' overcapacity, saying... government will take "forceful measures to prevent superfluous projects."

"Excess capacity could be between 5 and 10 million vehicles per year, estimates...The challenge will be how to stem overcapacity without hurting the sector - seen as a technological and manufacturing bright spot for the otherwise grim Chinese economy."

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Fast-Charging Lithium Battery Seeks To Eliminate 'Range Anxiety'

23 Jan 2024 | Synopsis

"A team in Cornell Engineering has created a new lithium battery that can charge in under five minutes - faster than any such battery on the market - while maintaining stable performance over extended cycles of charging and discharging.

"Identifying battery electrode materials with inherently fast solid-state transport rates, and hence low Damkohler numbers, helped the researchers pinpoint indium as an exceptionally promising material for fast-charging batteries."

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Big Oil, Automakers Pour Cold Water On Trump Pitch To Gut President Biden's Inflation Reduction Act

23 Jan 2024 | Synopsis

"The fossil fuel sector and automakers oppose getting rid of tax credits in the Inflation Reduction Act (IRA) that buoy their bottom lines, creating possible headwinds for Mr. Trump's aspirations...

"The fossil fuel sector and automakers oppose getting rid of tax credits in the Inflation Reduction Act (IRA) that buoy their bottom lines, creating possible headwinds for Mr. Trump's aspirations..."

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