16 May 2024 19:40:13 UTC

 EDITOR'S CHOICE

13 Ways Of Looking At Biden's New China Tariffs

16 May 2024 | Synopsis

"U.S. imports relatively few electric vehicles from China, and the few vehicles that we do import - which are made by the Chinese-owned brands Volvo and Polestar - may not be affected by these levies...

"Many of these categories already faced trade levies imposed by the [previous] administration, and Biden has now raised them...affect sectors where China now dominates the global industry. The longer timeline suggests that the White House is trying not to disrupt the near-term market too much...giving companies a deadline to diversify their supply chains."

Read Full Story

A Second Wave Of EV Shoppers Is On Its Way, But Current Demand Is Still A Problem

16 May 2024 | Synopsis

"Today's electric-vehicle skeptics are on their way to becoming the next EV buyers, Cox Automotive said...in a report...sees a 'second, significant wave' of EV shoppers by the second half of the decade. The same study, however, found that nearly half of all people shopping for vehicles today are not considering an EV...within the next 10 years, '80% of today's skeptics will be ready to consider an EV as more barriers fall..."

Read Full Story

This New App Is Designed To Work Like Airbnb For EV Charging

16 May 2024 | Synopsis

"Plug Inn, from Renault and Publicis Sapient, is a winner in Fast Company's 2024 World Changing Ideas Awards.

"...drivers take a road trip, they can schedule stops at private chargers along their route. Homeowners with EV chargers, meanwhile, can make a little extra cash...Since it launched last year, more than 75,000 people have downloaded the app, and more than 1,000 charging points are now listed on it."

Read Full Story

Michigan Seeks Compensation from Fossil Fuel Giants for Climate Change Damages

16 May 2024 | Synopsis

"Michigan Attorney General Dana Nessel has initiated a groundbreaking legal challenge against fossil fuel companies, holding them accountable for their role in Climate change and its impact on the state.

"...places Michigan alongside a growing list of local, tribal, and state governments pursuing compensation for climate-related damages..state draws on its successful litigation history against other industries, such as opioid manufacturers and chemical companies..."

Read Full Story

Wyoming Coal Production Nosedives, With More Troubles Ahead

16 May 2024 | Synopsis

"Some Wyoming coal mines are likely facing extinction-level headwinds - even before the prospect of new federal coal pollution reduction rules taking effect in 2032...

"A mild winter in the U.S., which coincides with April as the 11th consecutive monthly warmest on record across the globe, helped drive down demand for Wyoming’s thermal coal...Coal’s share of the U.S. electricity market has wallowed at less than 15%..."

Read Full Story

Tariffs on China Aren't The Way To Win The EV Arms Race - Getting Serious On EVs Is

13 May 2024 | Synopsis

"...instead of just de facto banning the competition from giving Americans access to affordable hot new EVs, the US should instead try making affordable hot new EVs itself.

"...accusations that China is 'dumping' EVs on overseas markets, with Europe - which also subsidizes its own EV industry...The irony is, if Chinese taxpayers are subsidizing manufacturing before sending those cars overseas, that represents a wealth transfer from Chinese taxpayers to American ones."

Read Full Story

Ultra-High Density Battery Vests Give Next-Gen Soldiers Twice The Energy

13 May 2024 | Synopsis

Amprius claims its ultra-dense batteries will double the runtime of existing solutions, enabling soldiers to stay out longer without needing to stop for recharge...SiMaxx cells offer an energy density as high as 500 Wh/kg by weight and 1,300 Wh/kg by volume

"Beyond high-powered wearables, Amprius' battery tech has drawn interest from the electric aviation, satellite and drone industries and has featured prominently in the Solar Car Challenge, sweeping the top four spots in last year's event."

Read Full Story

Ethiopia Shows Us Just How Fast The Transition To Electric Mobility Can Happen In Africa

13 May 2024 | Synopsis

"Ethiopia has a population of 126 million people, but the total number of vehicles registered in Ethiopia is around 1.2 million. Most of these vehicles are over 20 years old.

"...Ministry of Transport and Logistics recently said that this target of over 100,000 electric vehicle has already been met in just the first 2 years of this plan!

"...in just 2 years, locally assembled EVs and imported EVs have added almost 10% of Ethiopia's current total ICE vehicle registrations!"

Read Full Story

The Infrastructure Required To Support Flying Car Travel

13 May 2024 | Synopsis

Similar to airplanes, we will need an extensive network of air traffic management authorities in every country. There's also one important thing - the skies aren't empty. Air traffic control for such cars will require extensive communication with that of airplanes.

"As fun and futuristic as the newer eVTOLS may seem, companies making flying cars will also have to consider safety and noise regulations."

Read Full Story

Ramit Sethi Says Car Payments Are a 'Wealth Killer' - Here's Why

13 May 2024 | Synopsis

"...more than 100 million Americans have taken out auto loans...taking out auto loans also means the same Americans are now trapped in debt and paying high interest rates. The money spent on paying off an expensive car is no longer available to put towards building wealth.

"Instead of looking at the monthly payment, Sethi recommends using ratios instead...start by choosing a car you can afford and not the car you think you should have."

Read Full Story