Florida Residents Told to Move Electric Cars Before Idalia Hits
Florida residents were encouraged on Monday to move their electric vehicles away from areas that “may be impacted by storm surge”ahead of Tropical Storm Idalia’s arrival. “We saw a number of fires associated with EVs [electric vehicles] from Hurricane Ian….
Electric Vehicle Leasing Is The Cheapest Option For New Car Buyers Across America
Leasing an electric vehicle (EV) is now the cheapest option for new car buyers across the United States – thousands of dollars cheaper per year than buying or leasing a gasoline-powered vehicle. This new economic dynamic is being driven by…
Hertz Is Selling EV Rentals All Wrong
Hertz got huge publicity announcing an order two years ago for 100,000 Teslas. Since then they’ve taken on other electric vehicles as well. The problem, though, is that people aren’t reserving them. I regularly search car rentals and find that…
Swedish EV Battery Maker Raises $1.2B To Expand to North America
Northvolt, a Swedish producer of lithium-ion batteries, has raised around $1.2 billion from BlackRock and various Canadian pension plans to build new factories in North America and Europe, according to report from Reuters. Tuesday’s announcement signals the first time Northvolt has…
New Zealand To Play Pivotal Role In Indian Carmaker’s Global EV Push
With new brands from China completely reshaping the motoring landscape with their low-cost electric vehicles, is it possible that a left-field name from India could replicate these fortunes and ride the wave? That’s certainly what Mahindra hopes to do, and…
Electric Three-Wheeler Market Poised To Reach US$ 1.52 Billion By 2033 With 5.8% CAGR Growth
According to Future Market Insight, the electric three-wheeler market demand is expected to reach US$ 866.8 Million in 2023 and US$ 1,523.2 Million by 2033, growing at a CAGR of 5.8% from 2023 to 2033. Electric cars are increasingly preferred as…
Universal EV Chargers Partners With Texas Chargers In The US Masters T10 Cricket League
Universal EV Chargers, a pioneering provider of sustainable electric vehicle charging solutions, is thrilled to announce its collaboration with Texas Chargers, a franchise cricket team participating in the inaugural US Masters T10 Cricket League. Hemal Doshi, CEO of Universal Green…
2024 Ford Puma EV Expected With Around 400 KMs Of Driving Range, €36k Starting Price
Named after the small coupe produced from 1997 through 2002, the Puma rolled out in 2019 with styling credited to a team led by Thomas Morel. The B-segment crossover indirectly replaces the Fiesta in Ford’s European lineup, boasting a selection of 1.0-…
Stellantis’ Plans To Build $25,000 EV In US Clash With UAW Demands
Stellantis CEO Carlos Tavares last month said the sweet spot for affordable electric vehicles is “around $25,000,” adding that reaching this price point will be essential to safeguarding the company’s US manufacturing footprint in the long run. He also warned…
EV Adoption Could Spell Trouble For Oil Exporters
As of 2022, the global car count stood at approximately 1.474 billion, with electric vehicles (EVs) accounting for 1.76%. The rise of EVs is increasingly being seen as a potential challenge to the future of the oil industry. Asia has the…