EDITOR'S CHOICE

In Fuel-Guzzling Saudi Arabia, Electric Cars Pique Interest

26 Jul 2024 | Synopsis

Chinese EV giant BYD is expected to dominate the Saudi market. Its global rival Tesla of the United States has no dealerships in the Gulf kingdom...A lack of charging infrastructure and Saudi Arabia's vast size mean that many view their EVs as suitable for shorter trips, rather than replacements for conventional vehicles.

"Saudi Arabia's sovereign wealth fund, PIF, now controls 60 percent of Lucid and has secured a deal with South Korea's Hyundai to establish a plant in the kingdom for both EVs and petrol-powered cars.

"Additionally, Saudi EV brand CEER, launched in 2022, plans to start production in 2025"

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How Much Cheaper Is EV Charging vs. Gasoline? CNET Does the Math to Find a Winner

26 Jul 2024 | Synopsis

"Is it cheaper to charge an electric vehicle versus fueling a gas-powered car? The verdict is, based on US averages, EV charging wins out...Using US averages, we found the monthly cost of charging an EV to be $66.66 versus $182.50 to fuel an ICE car...The costs of charging at home will, as noted, depend on what you pay for electricity, which will vary depending on where you live."

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Jigar Shah's Sector Spotlight – Advanced Vehicle Components

26 Jul 2024 | Synopsis

"...along with an EV market that continues to grow, advanced component innovations now drive increases in average efficiency, in many cases offering enhanced vehicle performance with less mass or material. Over the next 30 years, efficiency improvements could reduce EV’s average electricity consumption per mile by half, recent modeling suggests.

The Biden Administration's "LPO's Advanced Technology Vehicles Manufacturing program (ATVM) is the most popular program for manufacturers of advanced vehicle components."

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LA Times Editorial: A Convicted Felon And His Oil Company Donors Are Lying To You About Electric Cars To Serve Their Own Interests

24 Jul 2024 | Synopsis

"...both the fossil fuel industry and the GOP are spreading the same lie that the Biden administration is banning gas cars. This self-serving effort to deceive voters is shameful...There is no such mandate. But facts are no obstacle to the former president and his supporters.

"Unlike California, which is phasing out sales of gas-fueled cars by 2035, the United States has no federal rule - nor is one under consideration."

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Electric Scooter and Bike Accidents Are Soaring Across the U.S.

24 Jul 2024 | Synopsis

"National UCSF study finds some injuries and hospitalizations from popular micromobility vehicles have doubled.

"National UCSF study finds some injuries and hospitalizations from popular micromobility vehicles have doubled...increase in accidents not only introduced a demographic shift, but also underscores an urgent need for added safety measures..."

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High Insurance Premiums Are the Latest Thing Weighing on China's EV Market

24 Jul 2024 | Synopsis

"According to S&P Global Ratings, that means the premiums for electric cars can range from 20% higher to double fuel-powered vehicles...Finding it more difficult or more costly to get insurance for an EV will likely become another thing that weighs on consumers’ minds in China...Higher insurance premiums for EVs also aren't unique to China - drivers in the US and the UK have seen a similar trend."

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South Africa Has A New Cheapest Electric Car

24 Jul 2024 | Synopsis

"Starting at just R399 900 [$21,772 USD], the Dayun Yuehu S5 is now the most affordable EV available, undercutting its nearest competitor, the BYD Dolphin, by more than R100 000.

"The Dayun Yuehu S5 features a front-mounted 35kW synchronous permanent magnet AC electric motor that delivers 105Nm of peak torque, with a single-speed gearbox...a 31.7kWh ternary lithium-ion battery with 330km of claimed range, ideal for daily commutes."

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MIT and Harvard Researchers Develop Concrete Battery With Promising Potential. 'At first I didn't believe it'

24 Jul 2024 | Synopsis

"...the science turns concrete into supercapacitors using carbon black, water, and cement - all cheap ingredients that could lower the cost of renewable energy storage.

"I thought that I hadn't disconnected the external power source, and that was why the LED was on."

"...next step in research that could help to provide more storage capacity for intermittent renewable energy, now providing more than 20% of U.S. electricity."

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Where Harris and Her Potential Running Mates Stand on Climate Change

23 Jul 2024 | Synopsis

"Back in 2019...her climate agenda was more ambitious than Biden's. She supported a carbon tax and proposed $10 trillion in private and public climate spending. She also said she would work to ban fracking.

"...she sponsored climate equity bills and backed an effort by the Standing Rock Sioux Tribe to shut down the Dakota Access pipeline...Harris has a record of fighting oil and gas companies and prioritizing environmental justice in particular."

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EVs Are Cheaper Than Ever. Can Car Buyers Be Won Over?

23 Jul 2024 | Synopsis

"...pricier EVs aren't as hot as they had been, as early EV enthusiasts have given way to more price-sensitive consumers. Shoppers now are gravitating to less-expensive electrics.

"ales of fully electric models rose 6.8% through the first half of the year...a sharp deceleration from near 50% growth in 2023...CarGurus data shows nine out of the 10 used cars with the biggest declines in list price in the first half of the year were electric..."

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