15 Apr 2024 | Synopsis
"...Consumer Price Index showed insurance prices up 22% over the last year, the largest annual jump seen in data that goes back 40 years...The average interest rate on an auto loan is the highest in almost 20 years, according to Bankrate, a surge that reflects the Federal Reserve's rate-hiking campaign."Data from the New York Fed shows delinquency rates for auto loans are at the highest since the 2008 recession..."
15 Apr 2024 | Synopsis
"...recent survey showing that more than a fifth of battery EV owners in China want their next car to be powered by fossil fuels"..survey from McKinsey China pegged battery EV buyers' "regret rate" as surging from 3% in 2022 to 22% last year, which its report blamed largely on limited charging infrastructure...as the market has ballooned, consumers quickly shifted from trailblazers to more everyday users, who may be less prepared for challenges associated with EVs.."
12 Apr 2024 | Synopsis
"A new report says that electric vehicles could double in efficiency in the next decades - if automakers make the right moves"...average electric car in the United States today gets the equivalent of 106 miles per gallon...EPRI/NRDC "analysis finds that increasing the efficiency of EVs could cut energy consumption per mile in half by 2050 - and in so doing, reduce pressure on the grid by about half."
12 Apr 2024 | Synopsis
"Department of Energy finalized changes last month to a little-known calculation that could dramatically impact automakers’ ability to sell gas-powered cars and trucks...known as 'petroleum equivalency factor," will significantly cut the miles-per-gallon rating for electric vehicles...Currently, higher MPG ratings mean that EV sales go a long way toward satisfying automakers' regulatory requirements for average fuel economy."12 Apr 2024 | Synopsis
"...what are the social rules when it comes to recharging my electric vehicle? Thankfully, that last question has now been addressed by Debrett's, a British publisher with a name now synonymous with etiquette"Debrett's is writing for a UK audience...the advice also applies to this side of the Atlantic, and it's probably timely now that Tesla is opening up its Supercharger network to non-Tesla EVs."
12 Apr 2024 | Synopsis
Plug & Charge enables "EVgo customers [to] skip the time required to access an app, credit card, or RFID and can simply plug in and begin their charging session."... growing number of EV models can now utilize Autocharge+ using CCS connectors and CCS Combo 1 adapters on its fast chargers, contributing to the charging network's 'one & done' mantra."
12 Apr 2024 | Synopsis
"The electric vehicle of 2050 could be a more efficient piece of machinery than today’s models, enabling them to push fossil fuels aside while reducing the need for new energy infrastructure."If the scenarios anticipated by the study are to realize their fullest impact, there will have to be a sea change in US car culture. As things stand now, the preference is for bulk, heft, and luxury over efficiency."
10 Apr 2024 | Synopsis
"Volkswagen [then CEO] urged wholesale change in his company's business model to avoid becoming the next Nokia...he was met with incredulity. And not long after, he was out. Four years later, his warnings feel way more, not less, relevant.""In these chaotic times, brands need to be built differently. The next cars will no longer need to be engineered so much as holistically designed."
10 Apr 2024 | Synopsis
"New research by the RAC Foundation has found that electric vehicle charging stations are being affected by weak mobile signals...According to the survey, 66% of Type-2 chargers with speeds of up to 8kw in Britain, excluding London, are in places where at least one mobile network carrier does not offer usable 4G service."RAC Foundation director Steve Gooding cautioned that bad connectivity for Type-2 chargers "won't get picked up" in the Government's new required reporting system, which only applies to the quick charger network"
10 Apr 2024 | Synopsis
"The iEV Z is a cutting-edge take on micro-mobility, designed to serve as a 'personal electric vehicle' rather than a traditional car or bicycle. With a focus on agility, compact design, and an all-electric powertrain, it balances a car's convenience and a bicycle's eco-friendliness."The iEV Z exemplifies the burgeoning micro-mobility market's promise to provide practical, greener alternatives to traditional vehicles."
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