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Billion-dollar bets on electric vehicles await payoff

April 18th, 2019 at 10:34 am » Comments Off

If carmakers have any hope of making money on electric vehicles, they’ll need to re-think how they design and sell them, a new McKinsey study suggests. Why it matters: Automakers will pour $255 billion into EVs by 2023 but are resigned to losing money on them for the foreseeable future — an expected outcome of […]



How we get to the next big battery breakthrough

April 13th, 2019 at 12:44 pm » Comments Off

Electric planes could be the future of aviation. In theory, they will be much quieter, cheaper, and cleaner than the planes we have today. Electric planes with a 1,000 km (620 mile) range on a single charge could be used for half of all commercial aircraft flights today, cutting global aviation’s carbon emissions by about […]



The 4 lingering obstacles to electric vehicle adoption (and what might overcome them)

February 10th, 2019 at 3:29 am » Comments Off

Electric vehicles continue to grow in popularity, though not as quickly as electricity providers would like. EVs represented only 2.4 percent of sales in the U.S. in August, according to Auto Alliance, and a Chinese study published that month found that only 18 percent of motorists in China are willing to consider an EV. So […]



Chinese company unveils ‘World’s cheapest electric car’ for under $9000

January 20th, 2019 at 2:45 pm » Comments Off

  Elon Musk’s Tesla Inc. arguably has one of the most affordable lines of electric vehicle, but that all could change as a Chinese company just unveiled what is now dubbed as the “World’s Cheapest Electric Car.” Great Wall Motors, an automotive company based in Baoding, China, pulled the veil on its cheapest electric vehicle […]



Giving up gas: China’s Shenzhen switches to electric taxis

January 14th, 2019 at 12:19 pm » Comments Off

SHENZHEN, China (AP) — One of China’s major cities has reached an environmental milestone: an almost entirely electric-powered taxi fleet. The high-tech hub of Shenzhen in southern China announced at the start of this year that 99 percent of the 21,689 taxis operating in the city were electric. Last year, it still had 7,500 gasoline-powered […]



are certificates more valuable than college degrees?