NewsRoom Articles - Page 18 of 116

FridayMar 01, 2024 10:45 am

Film Highlights First EV Export from America to Cuba

U.S.-Cuba diplomatic relations took a step forward recently when Texas-based carmaker Tesla exported the first American electric vehicle to Cuba. The arrival of the white Model Y at the Mariel Port dock in Cuba represents a historic moment in the auto industry as well as U.S.-Cuba relations and international trade. With Cuba finally turning away from Venezuelan oil imports, the Cuban government is keen on increasing the country’s solar capacity. This month, the University of Maryland Global Campus (UMGC) will stream a film titled “Driving Towards Change” as part of its African-American History Month activities. The film will feature sequences…

WednesdayFeb 28, 2024 11:15 am

How EVs Could Be Improved to Cope with Temperature Extremes

A typical lithium-ion EV battery consists of a positive cathode, a negative anode and a liquid electrolyte that facilitates the movement of lithium ions. This design works optimally when temperatures are between 68–86 degrees Fahrenheit; lower temperatures tend to slow down lithium ions in the battery and lead to lower performance. As temperatures become colder, charge-carrying lithium ions find it harder to travel through the electrolyte. This results in slower recharging rates and can cause batteries to lose charge faster; it can also cost batteries up to 30% of their range. Colder temperatures also often result in long wait times…

MondayFeb 26, 2024 10:00 am

EV Sales in Europe Surged 29% in January, Auto Association Reveals

Data from the European Automobile Manufacturers’ Association (ACEA) has revealed that drivers in the European Union registered 92,741 battery electric vehicles (BEVs) last month. The share of BEVs in Europe increased from 9.5% in January 2023 to 10.9% last January, representing a year-over-year increase of 28.9%. However, an influx of cheaper electric cars into the EU has caused consumer interest in EVs to spike in recent months. Belgium was the largest market for battery-electric vehicles followed by the Netherlands, France and Germany. These four markets cumulatively accounted for 66% of electric vehicle sales in the European Union. The United Kingdom…

FridayFeb 23, 2024 10:15 am

Report Suggests Biden Administration Could Slow EV Transition

A recent New York Times report has revealed that the Biden administration may loosen some of its electrification plans. Citing three people familiar with the plan, the NYT report noted that the administration intends to relax its electrification plans as a concession to labor unions and automakers. According to the report, the Biden administration will give automakers more time to ramp up electric vehicle sales rather than require them to accelerate the EV sales rapidly within the next couple of years. The new plan would give automakers until after the end of the decade to increase their EV sales sharply.…

ThursdayFeb 22, 2024 9:00 am

Mullen Automotive Inc. (NASDAQ: MULN) Receives Initial Order for EV Cargo Vans to Open Caribbean Market

EV sales remain strong, projected to grow in 2024 Mullen is positioning itself in the global market with recent purchase order from Grupo Cavel in the Dominican Republic Mullen EVs “establish a new level of quality among commercial vehicles,” says Cavel CEO Electric vehicle sales are projected to continue growing globally in 2024, according to a recent NASDAQ report (https://ibn.fm/asZpm). That is great news for Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer that is expanding into the Caribbean market with its commercial CAMPUS EV cargo van (https://ibn.fm/Oph51). “It’s important to note that EV sales are expected to…

WednesdayFeb 21, 2024 9:30 am

Israeli Startup to Commercialize EV Battery That Can Recharge in Four Minutes

An Israeli startup is promising to deliver extremely fast-charging electric vehicle batteries that can add 100 miles of range in only four minutes. Current electric vehicle batteries are known for their limited range, especially in lower-end electric cars. The average electric car will take from 45 minutes to several hours to charge, depending on the type of charging station used. Compared to fossil fuel cars, which typically take only minutes to refill, recharging an electric car can take exponentially longer. Consequently, several companies in the EV and battery-making sectors are racing to develop next-generation EV batteries with more energy density…

TuesdayFeb 20, 2024 9:00 am

Mullen Automotive Inc. (NASDAQ: MULN) Displays Vehicles for First Time at CES, Unveils Newest EV Offering

Mullen debuted its FIVE RS at this year’s CES show in Las Vegas Several car and auto publications reported on the unveiling of the new model Mullen anticipates beginning production of the FIVE RS in late 2025, with sales commencing in mid-2026 For the first time ever, Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, exhibited its line of commercial and consumer EVs at the Consumer Electronics Show(R) (“CES”) in Las Vegas. In addition to displaying its line of vehicles, the company also debuted its high-performance EV crossover, the Mullen FIVE RS; the world debut of the new vehicle…

FridayFeb 16, 2024 10:30 am

Stellantis Announces Plan to Adopt Charging Plug from Tesla

Stellantis has announced that it will adopt the Tesla North American Charging Standard (SAE J3400 plug) for future electric vehicle models in North America. With brands such as Dodge, Ram, Jeep and Chrysler under its umbrella, the Amsterdam-based parent company becomes the latest major carmaker to adopt the charging standard. The automaker said its first electric vehicle with the SAE J3400 plug will hit the market in 2024. In the meantime, Stellantis said it will provide adapters to customers who already own Stellantis EVs, which are equipped with Combined Charging Standard (CCS) plugs. Adopting Tesla’s proprietary plug will grant Stellantis…

WednesdayFeb 14, 2024 11:45 am

Ford Quietly Established Team to Create Low-Cost EVs

Ford Motor Company has quietly established a team to develop affordable battery electric cars for the company. Launched two years ago, the “skunkwork lab” comprises engineers from an energy-management startup Ford acquired in 2023 called Auto Motive Power (AMP) and is led by Alan Clarke, an ex-Tesla employee and current executive director of EV development at Ford. According to Ford CEO Jim Farley, the automaker formed the small “super-talented” team with little fanfare two years ago and tasked it with developing a low-cost, electric-vehicle platform. Farley says Ford tapped the best engineers on the globe for the low-cost EV project…

MondayFeb 12, 2024 10:45 am

Beijing Promises to Support EV Makers in Conquering Overseas Markets

The Chinese government has promised to support the expansion of domestic carmakers into international markets amid a flurry of trade sanctions against electric vehicles from China. The country’s Ministry of Commerce recently posted a document outlining 18 guidelines for China’s central bank and several departments to boost new energy vehicle trade (NEV). China’s commerce ministry will partner with nine local departments and institutions to undertake activities such as easing Chinese export processes, boosting yuan settlements overseas and encouraging domestic carmakers to build auto R&D centers in foreign nations. The guidelines also push for Chinese carmakers to work with foreign researchers…

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