May 19, 2023 17:27:43 UTC
Editor’s Choice
China is kicking America’s ass in the electric vehicle battery race and will define the 21st century
May 17, 2023 | synopsis
“China’s state-backed companies (i.e. China Inc.) dominate all aspects of electric vehicle battery development, from mining and refining raw materials to manufacturing the batteries themselves .
China has been working to dominate the battery space since at least 2015… one clear goal: to corner the market for key materials like lithium, cobalt and nickel; invest in its extraction; i [build battery factories]
Read the full story
History shows that the EPA’s proposed vehicle emissions rule can be done — it’s worth trillions!
May 16, 2023 | synopsis
“Despite all the pushback, misinformation and bluster, the auto industry consistently meets, and often exceeds, these standards…in 2012, we assumed that only 3% of all new vehicle sales in 2025 would be zero-emission electric vehicles..as of the first quarter of 2023, electric vehicle sales in the US were 8.3%, more than double that estimate.
“Not surprisingly, these historic standards have once again come under bad faith attacks spreading misinformation while ignoring their significant benefits.”
Read the full story
Researchers discover lithium-ion battery alternative that could ‘revolutionize’ electric vehicles and are 50% cheaper to make
May 16, 2023 | synopsis
“The battery has been 10 years in the making, using inexpensive and abundant materials: aluminum, salt, nickel and ceramic… CERENERGY batteries cost 40% to 50% less to manufacture…
“The breakthrough is the result of a joint effort between two laboratories: Australia-based Altech Batteries and Germany’s Fraunhofer…Among the improvements: a lifespan of more than 15 years, the ability to operate at extreme temperatures and no explosions.”
Read the full story
State Supreme Court overturns judge’s ruling banning Tesla dealership in Delaware
May 16, 2023 | synopsis
“In a ruling last year, a Superior Court judge determined that Delaware’s Motor Vehicle Franchise Practices Act prohibited Tesla … from selling its electric cars directly to Delaware customers … the franchise law was enacted to address the disparity in bargaining power..justices said the law’s definitions exclude Tesla because the company sells its vehicles directly to consumers..the Franchise Act regulates the business relationship
Read the full story
Watchdog Group Strikes Back Against ‘Dangerous Carbon Capture Hype’
May 16, 2023 | synopsis
“…Food & Water Watch…unveiled a new interactive multimedia resource where users can learn more about ‘false narratives’ about carbon capture and storage, an unproven technology pushed by fossil fuels.
“Despite evidence that CCS is more expensive than its proponents admit, as well as consuming energy and actually contributing to a net increase in emissions, the [US EPA] unveiled new power plant rules that rely heavily on unproven technology…”
Read the full story
Now is the time to rent, not buy, an electric vehicle
May 16, 2023 | synopsis
“Under the current rules of the Inflation Reduction Act, with respect to the purchase of a new electric vehicle, in order for a vehicle to be eligible for the maximum tax credit of $7,500, it must undergo final assembly in North America.
“The way the Inflation Reduction Act is written, a leased vehicle qualifies for the tax credit. It’s considered commercial because you’re technically leasing your vehicle to the bank that owns it.”
Read the full story
People are just realizing what over-the-air upgrades do for their cars and how they could save you a fortune
May 15, 2023 | synopsis
“An update to your car’s software downloaded wirelessly via a SIM connection… As with your phone, you may be asked to confirm an update, although sometimes the car will make the decision automatically as soon as the update is available… the car will usually start the updates overnight… Updates to features you’ve already paid for (standard equipment on your car) will usually be free unless you’ve agreed on a model of subscription”.
Read the full story
Electric Vehicles: An Analysis of Adoption and the Future of Oil Demand
May 15, 2023 | synopsis
“A passenger vehicle with a standard combustion engine in the US uses about 11 barrels of oil equivalent (BOE) per year. A motorcycle uses 1, a Class 8 truck about 24, and a bus uses more than 258 BOE per year.
“Since 2015, two- and three-wheeled vehicles, such as mopeds, scooters and motorcycles, have accounted for the largest portion of the oil saved…displacing demand by nearly 675,000 barrels of oil per day in 2015. In 2021, that figure. had grown rapidly to 1 million barrels per day.”
Read the full story
Billionaire Investor George Soros’ Fund Dumped Its Entire Share In Tesla, Taking Advantage Of EV’s Maker’s 2023 Bounce
May 15, 2023 | synopsis
“Soros Fund Management had gradually added to its holdings in Tesla stock during the second quarter of 2022, holding about 132,000 shares at the end of last year…the fund likely enjoyed significant gains from the increase of the EV maker’s stock price this year. .
“The Soros fund also reduced its holdings in electric vehicle startup Rivian Automotive and held 3.58 million shares at the end of the first quarter.”
Read the full story
The car revolution enters the second half: Chinese electric vehicle expert
May 15, 2023 | synopsis
“Hong Kong engineering scientist CC Chan…believed it was time for the car revolution to enter a new phase…the first half is electrification, now it’s time to enter the second half, with the car chip and running. the system is the core technology… In the future, cars will transform from a traditional means of transportation to a smart mobile travel space, realizing the integration of networks of transport, energy, information and culture…”
Read the full story
