EDITOR'S CHOICE

Are Electric Cars Reliable? It's A Mixed Bag

19 Jun 2024 | Synopsis

"...Per Consumer Reports...electric vehicles have 79 percent more reliability problems than a gasoline- or diesel-powered vehicle, on average. Plug-in hybrids fared even worse...Some of the most common problems electric car owners report are issues with electric drive motors, charging, and batteries.

"Tesla leads the pack and others are playing catch up, but in the years to come, it seems likely that EVs will become more reliable than gas and hybrid vehicles, especially when some of the automakers known for reliability, like Toyota, enter the EV segment in a meaningful way."

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Bankrupt: Here's How Fisker Died From Self-Inflicted Wounds

19 Jun 2024 | Synopsis

"Fisker produced just over 10,000 cars in 2023, delivering around 4,700 units of its Ocean crossover to customers across 12 markets worldwide...Sales of the Fisker Ocean began in earnest in 2023, with the front-wheel-drive version starting just under $39,000 and offering 231 miles of range...Consumer Reports described the Ocean as "quite unappealing in its current state"...Talks with a large automaker for a potential deal reportedly collapsed..." SLIDE SHOW FORMAT

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How the U.S. Navy is Making Electric Vehicle Batteries Better

19 Jun 2024 | Synopsis

"The United States Navy is assisting in the effort to shepherd alternative battery materials into the market, in collaboration with the U.S. zinc battery startup Enzinc.

"Enzinc's technology will enable zinc-based batteries that accept high-power charge and discharge as required by EVs. If successful, Enzinc's zinc-anode technology would reduce EV battery cost by more than 50%

"The zinc supply chain is more geographically diverse than lithium, and it is more abundant, and a relatively robust global zinc recycling industry is already in place."

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California Achieves Incredible New Milestone With Its Power Supply: 'It Is The New Reality'

19 Jun 2024 | Synopsis

"California is cranking out impressive numbers for clean energy production, with its combined wind, solar, and hydro power exceeding demand on 91 of 102 days up to and including June 16

"Up until May 31, the state also had a run of 55 days straight with wind, solar, and hydro energy supply exceeding 100% demand for a portion of each day....the increasing use of clean energy to meet and exceed needs has become the new normal for Californians."

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Incredible Plan For World's First Gravity-Defying Hybrid Motorbike That Never Flips Over With Ultra-Safe 'Magical' Tech

17 Jun 2024 | Synopsis

"The half-car-half-motorcycle uses a gyroscope - a spinning disc used for measuring or maintaining orientation and angular velocity - to remain upright at all times...The AEV has the capacity to tilt into corners with a lean angle of up to 45 degrees and can be driven in rain, sleet or snow...this new-age invention is being engineered by some of the best roboticists "in the world"... it will cost customers approximately $32,000 ..."

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Solar Power's Giants Are Providing More Energy Than Big Oil

17 Jun 2024 | Synopsis

"...big oil companies are making a lot of it: About 8.3 EJ annually for ExxonMobil and 6.2 EJ at Shell...The vast majority of that is wasted, however. Only about a fifth of the chemical energy in freshly pumped crude ends up being turned into kinetic energy moving cars and trucks...The biggest polysilicon producers right now can go head-to-head with some of the biggest oil companies such as BP, Eni and ConocoPhillips - and panel makers aren't far behind."

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Democrats Call On US Financial Regulators To Do More On Climate

17 Jun 2024 | Synopsis

"The United States' lack of progress and innovation in establishing robust measures to address the financial and economic risks from climate change places us behind our international peers...We urge you to take decisive action on climate risk and to cease your obstruction of progress on global financial rules

"...consideration of climate issues in investing and financial policy has also become a hot button issue because Republicans have railed against climate-conscious investing..."

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We Pay for the Damage, They Keep the Profit: How to Change Modern Business

17 Jun 2024 | Synopsis

"Christopher Marquis is the Sinyi Professor at the University of Cambridge Judge School of Business...shares five key insights from his new book, The Profiteers: How Business Privatizes Profits and Socializes Costs.

"Someone has to pay for the costs of negative externalities. Typically, it is the broader society, while benefits accrue to the already privileged

"Regeneration shifts focus to making systems better, giving back more than is taken, replenishing the planet's natural resources, and leaving communities and society more equitable and resilient."

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The Biggest Winners Of President Biden's Green Climate Policies? Republicans.

17 Jun 2024 | Synopsis

"When President Joe Biden's massive climate bill passed Congress in 2022, Republican Rep. Richard Hudson of North Carolina complained it was boondoggle...But Hudson - now the head of House Republicans’ campaign committee - is one of the members of Congress whose district has benefitted the most...The vast majority of the $346-billion-worth of announced investments - nearly 78% - has gone to Republican congressional districts."

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Jay Leno Challenges EV Skeptics In Recent Podcast Appearance

14 Jun 2024 | Synopsis

"...former Tonight Show host and car collector Jay Leno has maintained an optimistic stance on electric and alternative fuel cars for a very long time, and recently defended his view

Leno expressed his praise for EVs and likened the negative option of the vehicles by car enthusiasts of "his generation" to music preferences between generations of people...I think the EV will be the savior of the [classic] cars like this..."

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