Rapid EV Growth And Decline In Battery Cost Are Creating Renewed Interest In Battery Swapping
Initial battery-swapping efforts during the early 2010s sought to allow battery EV (BEV) owners to quickly replace batteries, offering drivers practically unlimited driving range. However, the high cost of batteries and low number of vehicles that could access swap stations…
Automotive Alternator Market Expected To Grow With A CAGR Of Over 6.02% Globally (Forecast Period, 2020-2025)
The automotive alternator market is expected to register a CAGR of over 6.02%, during the forecast period, 2020 – 2025. The growing demand for hybrid powertrain systems in vehicles and stringent emission norms are the major factors propelling the automotive…
Tesla Delivers Highest First Quarter Electric Car Sales Despite Covid-19
Tesla stock soared 17% in after hours trading on Friday following the release of recorder first quarter deliveries for Q1 2020 on Thursday. Tesla said more than 88,000 electric vehicles in total were delivered in the first quarter, 76,200 of…
GreenPower Motor To Collaborate With Momentum Dynamics To Develop Wirelessly-Charged Electric Buses
GreenPower Motor Company Inc. (GreenPower) and Momentum Dynamics have entered a three-year OEM agreement to develop and sell wirelessly charged, purpose-built, all-electric transit vehicles. The first vehicle to integrate Momentum Dynamics’ high-power wireless charging will be GreenPower’s flagship model, the…
The Sharing Economy Faces Worst Hit In The Pandemic
The global pandemic keeping well over a billion people inside their homes has become a stress test for one of the most fascinating corners of the tech industry: the so-called sharing economy. Businesses whose services involve driving people around, renting…
Infineon Withdraws Outlook For FY20; Economic Impact Resulting From Coronavirus Pandemic Can Currently Not Be Reliably Assessed
Neubiberg, Germany – 26 March 2020 – The more and more pronounced coronavirus pandemic worldwide is causing severe disruptions to global supply chains, endmarkets and economies. Developments around the coronavirus are very dynamic and result in low visibility. In view…
Study Confirms Electric Cars Produce Less CO2 Than Petrol Vehicles
Electric vehicles produce less carbon dioxide than petrol cars across the vast majority of the globe – contrary to the claims of some detractors, who have alleged that the CO2 emitted in the production of electricity and their manufacture outweighs the benefits….
Ideanomics’ MEG Announced Strategic Agreement With ‘BeiBen’ Leading EV Heavy Trucks And Bus Manufacturer
Ideanomics announced a strategic framework agreement with leading EV heavy truck and bus manufacturer, BeiBen Heavy Truck Co. Ltd (“BeiBen”). The framework agreement is designed to establish a long-term strategic partnership that will create a strategic platform to increase the speed…
COVID-19 To Hit Hard The Auto & EV Industry
According to S&P Global, the coronavirus outbreak, which is wreaking havoc all over the globe and pretty much in any segment of the economy you can think of, has pushed the world’s economy into a global recession. Initial figures suggest that…
Electric Vehicles Are Transforming The Automobile Industry And The Way People Perceive Public And Private Transport
The total worth of the global electric motorcycle and scooter market is expected to exceed US$ 14.29 Bn by the end of 2027. Besides, it is estimated that the global electric motorcycle and scooter market would expand at a formidable CAGR of 7.10%…
