Tesla’s Model 3 Is The Most Profitable EV, Says Early Critic
An automotive consultant who has been critical of the fit and finish of Tesla’s Model 3 is now praising the EV maker’s sedan as a “symphony of engineering” and the Continue Reading
EV Sales Growth Is Slowing In Europe
Sales of electric vehicles (EVs) and plug-in hybrids in Europe’s top car markets rose by just 33 percent in the first half this year, compared to a 54-percent surge in Continue Reading
Washington state sets high bar for electric vehicles
A policy adviser to Washington Gov. Jay Inslee said the state wants to be as prolific as low-carbon Norway when it comes to electric vehicle deployment. Charles Knutson, Inslee’s executive Continue Reading
GM boosting production of Chevrolet Bolt EV more than 20% for Q4 compared to three-quarter average; 1% of US 1H vehicle deliveries
US and global demand for the Chevrolet Bolt EV has been very strong in 2018, with global sales estimated to be up more than 35% year over year in the Continue Reading
Electric vehicles ‘cost-competitive by 2024-25’: Oxford summit
Fully cost-competitive electric vehicles will be on European roads by 2024-25 if battery costs continue to fall at current rates, according to speakers at Oxford City Council’s EV Summit 2018 Continue Reading
The Energy Companies Fighting For EV Charging Dominance
Oil companies and utilities won’t dispute that electric vehicles are on the cusp of becoming mass market. Their battle will be more over which business will dominate the booming charging Continue Reading
Electric vehicles ‘cost-competitive by 2024-25’: Oxford Summit
Fully cost-competitive electric vehicles will be on European roads by 2024-25 if battery costs continue to fall at current rates, according to speakers at Oxford City Council’s EV Summit 2018 Continue Reading
Big Oil, Utilities are Lining Up for an Electric Vehicle War
A red-hot electric vehicle market has triggered a face-off between Big Oil and utilities. Oil majors, who’ve sold fossil fuels to cars for a century, are now moving into an Continue Reading
BP gets praise for smart bet on EV
BP’s acquisition of Britain’s largest electric vehicle charging company gives the supermajor an edge in a changing retail segment, an analytics company said. The British energy company announced Thursday it Continue Reading
Tesla And GM Close To Capping Out On EV Tax Incentives
Tesla and General Motors are seeing the beginning of the end for crucial U.S. federal tax incentives needed to transition interested car shoppers into electric vehicle owners. The federal government Continue Reading
100-Year Old Tech Could Accelerate Electric Vehicle Boom
Electric vehicle makers and legacy automakers have launched in earnest the race to make such EVs so as to win over the public with increased range and powerful batteries. In Continue Reading
Do Tesla’s Produce As Much CO2 As Gasoline Powered Cars?
Teslas may not be any greener than their gasoline counterparts, research from UK-based climate data provider Engaged Tracking has suggested, based on data about the CO2 emissions linked to the Continue Reading
Two-Thirds of American Voters Say they Should Not Pay for Electric Vehicles
A survey by American Energy Alliance reveals that most Americans are not in favor of paying for people’s electric vehicle purchases. The majority of American voters do not want to Continue Reading
EV Makers Receive Little Support From Trump
Automakers are looking for states to support electric vehicle sales and charging infrastructure development — regardless of what President Donald Trump and EPA Administrator Scott Pruitt end up deciding to Continue Reading
EV Adoption Could Cost Germany 75,000 Jobs
The growing adoption of electric vehicles (EVs) is expected to cost Germany’s key auto industry about 75,000 jobs by 2030, a study released Tuesday shows, with parts suppliers set to Continue Reading
Volvo Cars expects ½ of annual sales from BEVs by middle of next decade; ⅓ autonomous; ½ subscription-based
Volvo Cars said that by the middle of the next decade, it expects to generate half of all sales annually from fully electric cars; one third of all cars sold Continue Reading
Electric vehicle market exposed to risk from violence
The global electric vehicle market is expanding, but the supporting metals and refining markets are exposed to risk, an IEA report found. A report from the International Energy Agency on Continue Reading
Oil majors plug into electric vehicle technology Investments highlight concerns over changing patterns of transportation
BP’s $20m investment last week in StoreDot, the Israeli developer of ultra-fast-charging batteries, was small change in comparison with the billions of dollars poured into oil and gas each year Continue Reading
Wireless Charging Is The Future Of EVs
Wireless charging is finally making its way to market as an energy source for electric vehicles, with BMW readying to start production in July for release by the end of Continue Reading
EV Sales To Triple By 2020
Electric vehicle sales are finally starting to take off in larger numbers, surpassing 1 million in 2017 after growing 56 percent from a year before. By 2020, sales are expected Continue Reading
Electric vehicles to displace 2.5 million b/d of oil demand by 2030: IEA
Electric vehicles will displace 2.5 million b/d of oil demand by 2030 on the back of increasing sales of EVs in all major car markets amid support from government policy Continue Reading
Norway’s EV Adoption Starts To Affect Oil Demand | OilPrice.com
Sales of most fuels in Norway declined last year for the first time in almost a decade, after seven years with three-digit annual increases in EV sales. As of March, electric vehicles Continue Reading
Electric vehicles seen driving cobalt crunch by mid-2020s
The increasing popularity of electric vehicles may create a crunch for supplies of cobalt in the early-to-mid 2020s, miners and analysts say, adding that small operators trying to start up Continue Reading
Study finds car dealerships pose significant barrier to EV adoption
A new study by a team from Aarhus University in Denmark has found that car dealerships pose a significant barrier to electric vehicle adoption at the point of sale due Continue Reading
EV Revolution Could Wipe Out $21 Trillion In Oil Revenue
Hardly a day goes by without a research company releasing yet another report forecasting the future of electric vehicles and all related industries, oil included. Some of these are skeptical, Continue Reading
US EV market share remains low, but proponents say sales growth is strong
The US Energy Information Administration on Tuesday said US electric vehicle sales have been sluggish, but EV proponents contend the EIA’s focus on market share misses the more important EV Continue Reading
Alternative vehicle sales stall in United States
Sticker shock and limited infrastructure to support alternative vehicles has limited their sale in the domestic market, a U.S. energy report found. The U.S. Energy Information Administration reported battery-powered vehicle Continue Reading
China To Drive Electric Vehicles Sales Surge
More than half of new car sales in the world will be electric vehicles (EVs) in 2040, with one-third of the global car fleet then consisting of electric cars, according Continue Reading
EVs Could Erase 7 Million Bpd In Demand
Electric vehicles will become cheaper than the internal combustion engine in a half decade, while electric buses will completely “dominate” its sector by the late-2020s, according to Bloomberg New Energy Continue Reading
Mercedes-Benz to invest ~€500M to produce electric compact EQ model at Hambach plant
Mercedes-Benz Cars is expanding its production capacities for electric cars in Europe. The Hambach plant in France, which currently produces smart brand electric vehicles, will produce a compact electric car Continue Reading
China Aims For 1 Million EV Sales In 2018
Supported by a hard push by the Chinese government to drive up electric car sales, annual EV sales are on track to hit a one-million-unit milestone this year, as demand Continue Reading
Audi targeting sales of 800,000 BEVs and PHEVs in 2025
Audi aims to sell approximately 800,000 fully electric cars and plug-in hybrids in the year 2025. At today’s Annual General Meeting of Audi AG, the Board of Management is presenting Continue Reading
UK to ban most hybrid cars, including Prius, from 2040
Hybrid cars that rely on traditional engines, such as the Toyota Prius, would be banned by 2040 under clean-air plans being drawn up by the UK government that would outlaw Continue Reading
The Biggest Challenge In Electric Car Markets
Volkswagen is spending $2 billion in America to correct its “Dieselgate” cheating scandal — and to move beyond the typical upscale electric car shopper that tends to be much more Continue Reading
Ex-BP chief Browne urges embrace of ‘unstoppable’ electrification
Major oil and gas companies need to embrace the “unstoppable” electrification of society and take practical steps to limit the use of carbon-intensive fuels if they are to retain their Continue Reading
Faster EV chargers to allay range anxiety
Japanese energy company Marubeni Corp. said it would work in the U.S. market to deliver ultra-fast charging stations for electric vehicles. The company said it was working through its U.S. Continue Reading
Electrify America partners with >100 major retail, convenience & refueling locations in US to install ultra-fast chargers
Electrify America will be installing ultra-fast electric vehicle chargers at more than 100 retail, convenience and refueling locations across the US, increasing the convenience for consumers who drive or are Continue Reading
IHS Markit: global oil demand still growing in the short term despite increasing focus on EVs
Short-term oil demand is still growing strong and will continue to do so through the end of 2020 despite the market’s increasing focus on electric vehicles and the forecasted future Continue Reading
Tesla Starts 24h Shifts In Attempt Ramp Up Model 3 Production
Tesla’s halt of Model 3 production is due to a comprehensive set of upgrades that will allow it to ramp up production to up to 4,000 cars per week in Continue Reading
Electrify America installing 150/350 kW fast chargers at more than 100 Walmart locations
Electrify America will install electric vehicle fast chargers at more than 100 Walmart locations across 34 states by June 2019. This initiative will more than double the number of electric Continue Reading
Germany ups pressure on car industry to invest heavily in EVs, batteries
Germany’s government is increasing pressure on its car makers to invest heavily in electric cars as well as battery production in Europe to safeguard jobs in Germany during a rapid Continue Reading
An Electric Car Revolution Will Require Perpetual Subsidies
Battery electric vehicles (BEVs) can be economically attractive as commuter cars in city traffic. Attractiveness fades for longer-distance traveling due to larger battery packs, a smaller efficiency advantage, and more Continue Reading
Tesla Bankruptcy Not So Far Fetched, Says Analyst
Just days after Elon Musk’s not-so-well-received April Fool’s tweet that spoke of Tesla’s imminent bankruptcy in jest, one analyst is predicting that that doesn’t seem so foolish after all. The Continue Reading
Peak Oil Demand Is Approaching Thanks to EVs and Autonomous Vehicles
Nearly a decade ago, I talked about the concept of “peak oil.” Simply put, this theory states that global oil production will hit a maximum level before declining. When oil Continue Reading
Study projects future EVs to have 30-70% lower environmental impacts that current EVs when changes to electricity generation are considered
Numerous studies have tackled the future environmental impact of battery-electric vehicles; the resulting assessments are highly uncertain. Now, a team of researchers at the Paul Scherrer Institut in Switzerland, with Continue Reading
Hitachi, Mitsubishi Motors and ENGIE testing plug-in vehicles as renewable energy storage for office buildings
Hitachi Europe Ltd., Mitsubishi Motors and ENGIE are partnered in a project to explore the potential for electric vehicles to act as a means of energy storage for an office Continue Reading
EV Battle Heats Up Amid Trump Tariffs
Electric vehicle makers have largely relied on aluminum to make their cars lighter in hopes of offsetting the weight of the battery pack and reducing overall weight in order to Continue Reading
Chinese electric carmaker sets up US assembly plant
SF Motors has become the latest Chinese-owned company to unveil plans to break into the US electric vehicle market, at a time when a growing tech threat from China has Continue Reading
Hyundai union head fears GM-like crisis; says electric cars destroy jobs
Hyundai Motor’s ( 005380.KS ) union chief warned its workers may face a similar crisis to the one hitting General Motors’ ( GM.N ) South Korean unit as sales in Continue Reading
Driving An Electric Vehicle Is Far Cleaner Than Driving On Gasoline
Driving an electric vehicle (EV) has obvious climate benefits: zero tailpipe emissions. But because EVs are charged by power grids that burn fossil fuels, they aren’t necessarily zero-carbon. An EV’s Continue Reading