New model launches. Price cuts. Lavish tax credits. You’d think that sales of electric vehicles (EVs) would be rising exponentially, right? Instead, legacy automakers are pulling back from what had been feverish investments in battery gigafactories and excited announcements of new EVs models. Now Ford is delaying billions of dollars … [continued]
Positive Cash Flow for Fastned In the recent H1-2023 financial report from Fastned, there was one news item I had been waiting for. I knew it was coming, it was unavoidable, and it would be a huge line to cross. That item was positive cash flow that enables Fastned to … [continued]
Solar power in Europe is enjoying strong growth, so much so that the EU may reach its solar power goal years ahead of time.
A report by RMI says renewable energy prices will drop dramatically by the end of this decade, making wind and solar irresistible.
At its Investors Day 2023 event this week, Hyundai announced plans to invest $80 billion to achieve its latest Hyundai Motor Way vehicle electrification strategy. Of that total amount, about $40 billion will be dedicated to developing next generation batteries and creating an all new platform for future electric cars … [continued]
When you think of Škoda, you don’t think of it being a battery giant. You think of it being a moderately sized brand within the Volkswagen Group stable. (Or, at least, I do.) However, the fact is, Škoda Auto does produce a lot of batteries for various Volkswagen Group vehicles … [continued]
With increased power, enhanced efficiency, and an extended range, the Next Generation eCanter from FUSO offers a wide array of applications and operates with zero CO2 emissions during driving. After making its European debut at the IAA Transportation in Hanover in September 2022, Daimler Truck subsidiary FUSO has commenced the … [continued]
This is an interesting one. Electric vehicles catch fire less frequently than gas-powered vehicles. However, if they do catch fire, their battery fires are a bit different and can take a long time to put out. They can also reignite if not put out adequately. Firefighters around the world have … [continued]
Climate protests organized by End Fossil Occupy are scheduled in many nations around the world in the month of May.
Volkswagen could get up to $10 billion in IRA benefits if it decides to build a new battery factory in the US instead of Europe.
