EDITOR'S CHOICE

Global Electricity Demand For EVs To Skyrocket 630% By 2030

14 Jun 2024 | Synopsis

"...global electricity demand stemming from the usage of electric cars skyrocketed by 3,630.77% from 2,600 gigawatt hours (GWh) annually in 2013 to 97,000 GWh in 2023...projections based on the Stated Policies Scenario (STEPS )...Indicate that global electricity demand stemming from EV adoption will rise another 631.96% by 2030, reaching 710,000 GWh...oil displacement due to the adoption of EVs at 255 million barrels in 2023 and projects it at 2.847 billion in 2030."

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"White Gold" Discovery In California Is Enough To Power 375 Million Electric Vehicles

14 Jun 2024 | Synopsis

"According to a recent U.S. Department of Energy report, this area holds a treasure trove of lithium - enough to power over 375 million electric vehicle (EV) batteries. This is more than the total number of vehicles currently on U.S. roads

"The Salton Sea's lithium is found in geothermal brine, a hot, mineral-rich water that lies beneath the surface. This type of lithium extraction is considered less damaging to the environment..."

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Melting Permafrost Is Dumping Toxic Metal Into Alaska's Rivers

14 Jun 2024 | Synopsis

"National Park Service snapped aerial images of Alaska's Brooks Range, home to more than 75 once-pristine rivers and streams. As they flew over the range, the team...started noticing more and more orange rivers...the orange waterways have lower pH, higher turbidity (or murkiness), and higher concentrations of sulfate, iron, zinc, nickel, copper, and cadmium than rivers and streams that haven't turned orange..."

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Record Charging Of The Lotus Emeya: 10-80% In 14 Minutes

13 Jun 2024 | Synopsis

Lotus' first electric hyper-GT, the Emeya is one of the fastest charging cars in the world.

"The British company owned by the Chinese Geely group says it is a result achieved thanks both to the use of a 400 kW power pack, absorbed by the hyper-GT at an average of 331 kW, and to the cell-to-pack structure of the batteries, which "allows 20% more cells in the same space compared to a standard modular design..."

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More Than $1 Billion In EV Tax Credits Issued Upfront To Buyers, Treasury And IRS Say

13 Jun 2024 | Synopsis

"The Inflation Reduction Act created a mechanism whereby tax credits for buyers of new and used EVs - worth up to $7,500 and $4,000, respectively - could be delivered by car dealers at the point of sale.

"Since the start of the year, about 125,000 consumers have opted to get their 'new clean vehicle' tax credit as an upfront payment...25,000 buyers have opted for upfront payment for the 'previously owned clean vehicle' credit..."

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Choosing A Home EV Charger Is More Complicated Than You'd Think

13 Jun 2024 | Synopsis

"...the idea of an EV might sound great, but it's a lifestyle change that may require some added work outside of the vehicle purchase itself.. the sweet spot for wall-mounted, plug-in home chargers is in the $500 to $700 range...The lesson here is that it’s worth taking the time to match your needs and circumstances to the right setup...the dedicated outlet in the garage adds about $600-$1,000 to our home’s value..."

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'Forgotten' Greenhouse Gas Levels Surge 40% Since 1980

13 Jun 2024 | Synopsis

"Nitrogen fertilizer, along with animal manure, directly produce nearly three-quarters of our N₂O emissions. Once in the atmosphere, it's 300 times more powerful in warming the planet than carbon dioxide, and will trap heat as it lingers in the atmosphere for more than a century. N₂O also eats away at the ozone layer...

"The top five country emitters by volume of anthropogenic N₂O emissions in 2020 were China (16.7%), India (10.9%), USA (5.7%), Brazil (5.3%), and Russia (4.6%)..."

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Clean Energy Investment Set To Run At Double Fossil-Fuel Spend

13 Jun 2024 | Synopsis

"[A]ccording to the International Energy Agency...Total investment in renewables and nuclear power for electricity generation has reached 10 times the amount directed at fossil fuel-fired generation...China will account for the largest share of clean energy investment, with around $675 billion this year, as a result of strong domestic demand for solar power, lithium batteries and electric vehicles...

"Nonetheless, the expansion of fossil fuel demand continues at a pace that leaves the world on track for potentially catastrophic climate change."

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Long-Range EVs Now Cost Less Than the Average New Car in the US

11 Jun 2024 | Synopsis

"'Darwinian' competition and a slew of new models helped electric cars with at least 300 miles of range reach another milestone in price parity.

"At least three manufacturers — Tesla, Hyundai-Kia and General Motors - now offer EVs with more than 300 miles (480 kilometers) of range for less than the cost of the average new vehicle sold in the US...competition between US auto brands has taken on a Squid Game vibe, as pressure rises to make EVs affordable and attract a new wave of buyers."

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The Volkswagen ID.2 is ready: Market debut 2025

11 Jun 2024 | Synopsis

The German manufacturer has announced that the €25,000 (approx. £22,000) electric has finished development and will be shown in its final form by the end of the year.

"It will be built on the modified MEB platform and will have the same basis as equivalent economy models marketed under other brands such as Cupra and Seat...But Volkswagen is also working on an even less expensive electric car..."

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