Tag: Electric cars

It’s Done. The Future Is Battery-Powered Electric Cars
6Oct By adminNo Comments
Technology

It’s Done. The Future Is Battery-Powered Electric Cars

[ad_1] The rise of electric cars is staggering.Over the past decade, Teslas have gone from being the car of the uber rich to the car of the Uber driver. All of the major automakers are taking the plunge on EVs, which is driving down prices and expanding available options. Globally, this year will see more than 14 million electric cars sold, according to BloombergNEF, compared with just 700,000 in 2016. And some 23 countries have now passed a crucial EV tipping point — 5% of new-car sales — after which adoption picks up dramatically. In China, the biggest EV market, 38% of new-car sales were electric in August. “We're off to the races on EV adoption in China now,” says Colin McKerracher, head of Advanced Transport at BloombergNEF, on this week's episode of Zero. Despite the tacit consens...
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Biden Moves to Rein In the Wild West of Car Charging
17Feb By adminNo Comments
Technology

Biden Moves to Rein In the Wild West of Car Charging

[ad_1] The Biden administration wants to make sure America's next 500,000 charging stations work a lot better than the 59,000 it already has.As the White House prepares to spend $7.5 billion on public EV infrastructure, it published a lengthy set of rules Wednesday aimed squarely at the broken chargers and confusing pricing that have hamstrung EV adoption to date. Roughly one in five public fast-charging sessions is a failure, according to a recent J.D. Powers report, and Twitter appears as crowded with irate EV owners as it is Tesla evangelists. “The establishment of this final rule provides a powerful antidote to these issues,” read the criteria laid out by the Department of Transportation. “Consumers will be more confident in the availability, safety and consistency of the EV chargi...
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Ford Slashes Electric Mustang’s Price in Response to Tesla
31Jan By adminNo Comments
Technology

Ford Slashes Electric Mustang’s Price in Response to Tesla

[ad_1] Ford Motor Co. is slashing the price of its electric Mustang Mach-E by an average of $4,500 in response to Tesla Inc.’s own recent cuts, stepping up the price wars in a slowing EV market. Ford Motor Co. is slashing the price of its electric Mustang Mach-E by an average of $4,500 in response to Tesla Inc.'s own recent cuts, stepping up the price wars in a slowing EV market. The discount comes on a model that Ford has already described as unprofitable, but the automaker said it hopes to offset further margin deterioration by boosting production 67% this year. The move, along with discounted financing rates as low as 5.3% on the Mach-E, is meant to counter Tesla's decision to cut prices across its lineup by as much as 20%. It also brings the Mach-E in line with new caps on EV...
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AI at Consumer Electronics Show (CES) 2023
3Jan By adminNo Comments
Technology

AI at Consumer Electronics Show (CES) 2023

[ad_1] At the annual Consumer Electronics Show (CES) in Las Vegas, which starts on January 5, 2023, artificial intelligence is expected to feature in abundance. At the annual Consumer Electronics Show (CES) in Las Vegas, which starts on January 5, 2023, artificial intelligence is expected to feature in abundance and include everything from not just cars, but even appliances and of course, robots. However, this time the CES 2023 will not be virtual. The pandemic had forced it to go virtual in 2021. Then, keeping up with the lifting of lockdowns, it went hybrid in 2022. Now, everyone interested is hoping for a return to the good times that included packed halls that were long CES hallmarks. "In 2022, it was a shadow of itself - empty halls, no meetings in hotel rooms. Now, (we expe...
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2023 Will Be the Year of the Electric SUV
1Jan By adminNo Comments
Technology

2023 Will Be the Year of the Electric SUV

[ad_1] A parade of cargo-friendly and affordable electric cars are coming next year, though it will still be tough to buy one. In the evolution of the electric vehicle, 2022 will be remembered for its megafauna: Massive electric trucks finally roamed the land, with equally outsized prices. Next year, however, should bring some subspecies — a diaspora of SUVs, including some slightly smaller options and, rarer still, a precious few with more modest window stickers. If you are in the market for a car, here are four prognostications to keep in mind.You can expect to see more EVs at Costco. Somewhere around 20 all-new electric vehicle models are expected to launch in the US over the next 12 months, roughly the same amount as debuted this year. Critically, however, many of them are aimed a...
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Electric vehicles confront the leap to the mass market
22Dec By adminNo Comments
Technology

Electric vehicles confront the leap to the mass market

[ad_1] The past year was sobering for investors who poured money into Tesla Inc and rival electric vehicle startups that hoped to emulate Tesla CEO Elon Musk's success.As interest rates rose and financial markets gyrated, shares in many EV startups deflated. Rivian Automotive Inc, which had a higher market value than Ford Motor Co shortly after it went public in 2021, lost more than 70% of its value over the past year. Other EV startups fared worse. Electric van maker Arrival warned it could run out of cash in less than a year. Lucid Group Inc, backed by Saudi Arabia's sovereign wealth fund, struggled to build its sleek Air luxury EVs. Chinese Tesla challenger Xpeng Inc's shares lost more than 80% of their value. Now comes the hard part: Persauding more mainstream consumers to come alo...
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China’s BYD to start selling EVs in Japan by early 2023
5Dec By adminNo Comments
Technology

China’s BYD to start selling EVs in Japan by early 2023

[ad_1] BYD Co's Japanese division said on Monday it would start selling its first battery electric vehicles (BEVs) in the country early next year. BYD Co's Japanese division said on Monday it would start selling its first battery electric vehicles (BEVs) in the country early next year, as the world's largest EV maker further steps up its plan to either sell or make its cars available across major markets.China's BYD, in which Berkshire Hathaway owns a stake, said it will roll out an electric sports utility vehicle, ATTO 3, in Japan starting Jan. 31. The car has a cruising distance of 485 kilometres and will cost 4.4 million yen ($32,735.66). In comparison, Nissan Motor Co's electric Leaf standard model has a cruising range of 322 kilometres and costs about 3.7 million yen. BYD's Japan...
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Tesla Recalls Thousands of Cars in China on Software, Seat Belt Problems
25Nov By adminNo Comments
Technology

Tesla Recalls Thousands of Cars in China on Software, Seat Belt Problems

[ad_1] Tesla Inc. is recalling almost 81,000 electric cars in China due to a software issue and seat belt problems. Tesla Inc. is recalling almost 81,000 electric cars in China -- more than it typically ships from its Shanghai factory in any given month -- due to a software issue and seat belt problems.The US EV maker will call back 70,434 imported Model S, Model X and Model 3 vehicles, and 10,127 China-made Model 3 cars, the nation's State Administration for Market Regulation said in a statement Friday.  The Model S and Model X recalls require an over-the-air software fix to address a defect in the cars' battery management system, which may lead to a loss of power, while the Model 3s in question have a faulty seat belt fixture. Tesla called for any impacted Model 3 owners to return t...
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Chinese carmakers target more European sales with 5-star EVs
21Nov By adminNo Comments
Technology

Chinese carmakers target more European sales with 5-star EVs

[ad_1] Chinese EV makers have set their sights on winning over European drivers and large corporate customers with more affordable cars. Chinese electric vehicle (EV) makers have set their sights on winning over European drivers and large corporate customers with more affordable cars that come with top safety ratings and lots of high-tech features.In the last few months, several Chinese EVs have received five-star European New Car Assessment Programme (NCAP) ratings - an achievement that requires loading vehicles with active and passive safety features that go well beyond legal requirements. More are coming. "All Chinese EV makers want to achieve Euro NCAP five-star ratings in order to be more competitive in the European market," said Brian Gu, president of Chinese EV maker Xpeng.Gu s...
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Electric Cars to Pay Road Tax in Britain From 2025
17Nov By adminNo Comments
Technology

Electric Cars to Pay Road Tax in Britain From 2025

[ad_1] EVs will no longer be exempt from vehicle excise duty, Hunt said during Thursday’s Autumn Statement. The UK is set to introduce road taxes on electric cars from 2025, Chancellor of the Exchequer Jeremy Hunt said, ending an exemption that was intended to spur adoption of zero-emissions vehicles.EVs will no longer be exempt from vehicle excise duty, Hunt said during Thursday's Autumn Statement as he unveiled a series of tax rises and spending cuts designed to plug a £55 billion ($65 billion) hole in Britain's public finances. The chancellor said that EVs will still have lower company car tax rates and the government will limit rate increases to one percentage point a year for three years from 2025. The UK plans to end the sale of new cars with internal combustion engines by 2030...
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