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Secretary of Transportation Pete Buttigieg struggled Sunday on CBS’ Face the Nation to explain why the Biden administration has only manged to build “seven or eight” electric vehicle (EV) charging stations thus far. As Breitbart News has noted, while the Inflation Reduction Act of 2022 allocated $7.5 billion for EV stations, as part of building a national EV charging infrastructure, no EV charging stations had been built by the end of 2023.

Charge up to 80% in just 9.8 minutes! Gotion High-tech showcases its latest battery technology innovations Gotion High-Tech, is a leading global player in battery technology and energy solutions, specialising in the research, development, and production of lithium-ion batteries and energy storage systems. The company, which Volkswagen holds a significant stake in, focuses on innovation and sustainability, Gotion aims to advance the EV industry and renewable energy sectors through cutting-edge battery solutions that not only enhance performance but also reduce carbon footprint, contributing to a greener future. Gotion hosted its 13th Technology Conference on 17 May, during which it unveiled...

It's not a laptop in first class or a cheap Chinese scooter smoking ominously in the plane's cargo hold. Nor is it a massive commercial ship packed to the gills with cars being transported across an ocean that has had one of the EVs parked onboard light off, and now the whole vessel is hopelessly ablaze. It's not another fiery EV in a driveway or garage or the solar panels on a rooftop, even though I have covered all of those. Comments regular Global Traveler turned me on to an ongoing drama in, of all places, San Diego County that...

A recent study from the University of Michigan has shed light on a critical challenge facing the global transition to electric vehicles: the inability of copper mining to keep pace with the growing demand. Engineering & Technology reports that copper, a crucial component in electricity generation, distribution, and storage, is fundamental to the successful implementation of policies aimed at promoting the adoption of EVs. However, a recent study from the University of Michigan, titled “Copper mining and vehicle electrification,” has revealed that the current rate of copper production is insufficient to meet the projected demand for the metal in the...

The London School of Hygiene and Tropical Medicine has found that pedestrians are twice as likely to be hit by an electric or hybrid car than by a gasoline- or diesel-powered vehicle. The scientists have hypothesized that the relatively quiet operations of an electric vehicle as well as high pedestrian density in noisy urban areas could be major reasons. The study uncovered a pedestrian casualty rate of 5.16 per 100 million miles driven for electric and hybrid vehicles, more than double the 2.4 per 100 million miles recorded for traditional gasoline-powered cars.

Electric vehicle (EV) maker Lucid Motors announced that the company would be laying off staff in a bid to lower expenses amid a slowdown in the market. The layoffs will affect 6% of its workforce, equating to around 400 employees, and will trim from all employee levels, including leadership and mid-level management, according to a filing submitted Friday with the Securities and Exchange Commission (SEC). Lucid is one of several EV makers to announce layoffs in recent months as consumers decline to adopt the product at the rate expected. The company estimates that it will have to pay out between...

Recent reports reveal that the celebrated “all-electric” or “zero emissions” fire trucks, being lauded from San Diego to Portland to Albuquerque, are not as environmentally friendly as advertised. Each of these new fire trucks, purchased with the assistance of federal funding, is equipped with a diesel engine to ensure functionality when the electric battery is depleted. This revelation highlights a significant discrepancy between the marketed image of these trucks and their actual operational design. The report indicates that each of these supposedly zero-emission trucks includes a diesel engine to guarantee that it can still pump water or drive if the...

Ford’s attempt to electrify its revenue through electric vehicle production has been a swing and a miss. In response to the decreasing market for EVs, Ford has begun cutting orders from its battery supplies, according to Bloomberg. Even though this changeup will be beneficial in the long run, Ford will not come out of its EV experiment unscathed. Sources told Bloomberg that Ford lost over $100,000 per EV in the first quarter of 2024, more than double its deficit from last year. The news comes as the EV market across the country has taken a hit in 2024. The Associated...

Millions of middle-class California households are poised to pay an extra $24 per month for electricity, regardless of how much electricity they use. Regulators are hoping this utility billing policy will rescue their agenda to move everyone to electric cars and appliances by redistributing the massive costs of the state’s electric grid so utilities can lower their usage rates. But critics say the income-based premium will likely further hike utility costs for millions of Californians—nearly one-fifth of whom are already behind in paying their bills after household electricity rates almost doubled in the last decade—and likely won’t do much to...

Safety concerns around electric vehicles continue to mount with Australian fire and rescue services in New South Wales stating they might have to make a “tactical disengagement” of a trapped car accident victim if the battery is likely to explode. Australian journalist Jo Nova covered the story, which was first mentioned in the EV blog The Driven, and commented: “They say the first responders need more training as if this can be solved with a certificate, but the dark truth is they’re talking about training the firemen and the truck drivers to recognise when they have to abandon the rescue.”...

Due to China's overcapacity in production – as it aims to capture a quarter of the European electric vehicle market – the ports of Antwerp and Zeebrugge are inundated. You can share an article by clicking on the share icons at the top right of it. The total or partial reproduction of an article, without the prior written authorization of Le Monde, is strictly forbidden. For more information, see our Terms and Conditions. For all authorization requests, contact syndication@lemonde.fr. https://www.lemonde.fr/en/economy/article/2024/05/04/belgium-s-ports-drowning-under-glut-of-chinese-electric-cars-some-are-parked-here-for-a-year-sometimes-a-year-and-a-half_6670373_19.html A large number of Chinese-made cars are being gathered at Yantai Port for shipment for export in Yantai, Shandong Province,...

Money Mail can today reveal a timebomb looming in the second-hand market for electric vehicles (EVs). Our investigation found that many EVs could become almost impossible to resell because of their limited battery life. Experts said that the average EV battery guarantee lasts just eight years. After this time, the battery may lose power more quickly and so reduce mileage between charges. Many EVs will lose up to 12 per cent of their charge capacity by six years. Some may lose even more. Yet the cost of replacing an EV battery is astonishingly high, our research found. In some cases,...

Ford’s electric vehicle (EV) division lost $1.3 billion in the first quarter of 2024, which adds up to a $132,000 loss for each of the 10,000 EVs sold. Sales of Ford EVs also plunged by 20 percent compared to last year, and “its revenue plunged 84% to about $100 million, which Ford attributed mostly to price cuts for EVs across the industry.” Ford expects losses on its Model e to hit $5 billion by the end of the year. More: The losses go far beyond the cost of building and selling those 10,000 cars, according to Ford. Instead the losses...

Ford announced Wednesday losses of $1.32 billion on its Ford Model-e sector, which represents the company’s electric vehicle business. With 10,000 units sold, the company lost $132,000 on each EV it sold. In the fourth quarter of 2023, the company sold 34,000 units in its Model-e business, which produced $1.57 billion in losses, or roughly $46,176 on each EV sold. “The company expects EV costs to improve going forward, but be offset by top-line pressure,” the company said in a press release. The company’s other sectors, which includes its Ford Pro fleet business and Ford Blue gas-powered and hybrid vehicle...

Hertz raised the number of electric vehicles it plans to sell this year as it is cutting its EV fleet to reduce losses that have weighed on the car rental giant’s earnings. In the first quarter, Hertz upsized its EV disposition plan by 10,000 vehicles, for a total of 30,000 EVs intended for sale in 2024. Most of these EVs will be Teslas. The company incurred a $195 million charge to vehicle depreciation to write down the EVs held for sale which were remaining in inventory at quarter-end to fair value and recognize the disposition losses on EVs sold in...

Europe’s plunging electric vehicle sales are painful proof the market isn’t ready to stand on its own, putting governments on notice for more support until affordable EVs become a reality. The glut is clogging up ports and factories are cutting production — a red flag for the region’s climate goals and risk of job cuts after Tesla’s mass layoffs this week. Without subsidies, the cost of EV ownership no longer makes sense for many drivers. Insurance and repairs are more expensive than for combustion-engine cars, and many would-be customers still bristle at limited charging infrastructure. At the same time, rapid...

Space X CEO Elon Musk and Argentinian President Javier Milei have met in Texas and spoke about working together to promote free markets and potential lithium projects. President Javier Milei’s chief spokesperson said that during their visit to Tesla’s Austin headquarters, the two talked about a range of issues, including the need to boost declining birth rates globally and the pursuit of technological advancement while upholding “liberty.” Musk has previously expressed his admiration for Milei’s unabashed support of private enterprise as well as his distaste for what he considers to be socialist excesses.

The future for electric vehicles is looking bleaker than ever.According to a Gallup poll published this week, the number of Americans who own an electric vehicle has indeed increased in the last year. However, the number of those interested in buying one is on the decline despite efforts from the federal government to transition the entire automobile market within the next decade. Seven percent of Americans, up from 4% a year ago, report that they own an electric vehicle. That increase is matched by an equal decline in the percentage saying they are seriously considering buying one, from 12% to...

Joe Biden’s massive electric vehicle (EV) agenda will subsidize the lifestyles of America’s well-to-do while hitting average people the hardest.... The Biden administration is aggressively regulating the U.S. auto market to drastically increase the proportion of EVs sold over the coming decade, but consumer demand has not taken off as quickly as proponents had projected despite the subsidies made available by Biden’s flagship climate bill, the Inflation Reduction Act (IRA). Manufacturers are slashing prices of their EVs to make the vehicles more appealing to consumers, which will increase prices for internal combustion engine (ICE) cars to compensate; this dynamic will...

The passage of the Inflation Reduction Act propelled forward President Joe Biden’s vision of a clean energy economy. As outlined in a 2023 guidebook, this remaking of the U.S. economy includes billions in funding for green tech manufacturing — everything from hydrogen production to batteries to solar panels. The plan will not only create jobs and investments for Americans, according to the Biden administration, it will lower the nation’s dependence on China, which currently controls 80% of the global production in polysilicon and other components used in solar panels, 80% of wind-turbine components, and 89% of the refining to produce...