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Keyword: ev

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  • Indiana to build highway able to charge electric vehicles while moving

    03/29/2024 10:28:29 AM PDT · by DallasBiff · 128 replies
    WishTV.com ^ | 3/27/24 | Gregg Montgomery
    WEST LAFAYETTE, Ind. (WISH) — Indiana plans to rebuild a small section of highway that by next summer could charge electric vehicles being driven. Purdue University and Indiana government’s Department of Transportation, in separate news releases issued Wednesday, touted the construction project as the first highway segment in the nation with wireless charging. Construction could begin as soon as April 1. Neither Purdue or the Indiana Department of Transportation (INDOT) reported how much the project will cost. Indianapolis-based White Construction was awarded a contract to build the wireless power-transfer technology in a quarter-mile of U.S. 231/U.S. 52 between Cumberland Avenue...
  • Biden Administration Just a Little Behind in Building 500,000 EV Charging Stations by 2030

    03/29/2024 9:25:36 AM PDT · by SeekAndFind · 52 replies
    PJ Media ^ | 03/29/2024 | Rick Moran
    Two years ago, the Biden administration rammed through Congress a trillion-dollar infrastructure bill that contained, among other boondoggles, $7.5 billion for building EV charging stations across the country. The administration says it's going to need 500,000 charging stations in place by 2030 to achieve Biden's climate goals on emissions. So far, a grand total of seven charging stations are operational. “I think a lot of people who are watching this are getting concerned about the timeline,” said Alexander Laska, a deputy director at the Third Way think tank. Gee! Ya think? How many charging stations will $7.5 billion buy? The...
  • EV startup Fisker slashes prices of Ocean SUV amid debt troubles

    03/28/2024 7:39:26 AM PDT · by thegagline · 14 replies
    Reuters by way of MSN ^ | 03/28/2024 | Staff
    Electric-vehicle startup Fisker said on Wednesday it was cutting the prices of its 2023 electric Ocean SUV model, signaling an attempt by the cash-strapped firm to drum up demand and ease concerns regarding its uncertain future. The company slashed the price tag of the entry level version - Ocean Sport - by around 36%, or $14,000, bringing it down to $24,999 from $38,999 earlier. The company said it will reduce the price of the top-end version of the vehicle, called "Extreme", by around 39%, or $24,000, to $37,499. Fisker also cut the price of its Ocean Ultra version to $34,999...
  • Electric vehicles release more toxic emissions, are worse for the environment than gas-powered cars: study

    03/27/2024 2:36:12 PM PDT · by Signalman · 24 replies
    NY Post ^ | 3/6/2024 | Shannon Thaler
    Electric vehicles release more toxic particles into the atmosphere and are worse for the environment than their gas-powered counterparts, according to a resurfaced study. The study, published by emissions data firm Emission Analytics, was released in 2022 but has attracted a wave of attention this week after being cited in a Wall Street Journal op-ed Sunday. It found that brakes and tires on EVs release 1,850 times more particle pollution compared to modern tailpipes, which have “efficient” exhaust filters, bringing gas-powered vehicles’ emissions to new lows. Today, most vehicle-related pollution comes from tire wear. As heavy cars drive on light-duty...
  • Nissan announces a slate of new models by 2026, over half of which will be EVs

    03/27/2024 9:30:59 AM PDT · by SeekAndFind · 45 replies
    American Thinker ^ | 03/26/2024 | Olivia Murray
    Somehow, I’m not convinced that Nissan is in the most capable of hands. Here is the article from the NY Post that caught my attention:Nissan reveals plans for 16 new electric vehicles by 2026 as EV demand revs upNissan laid out plans for 30 new vehicles by 2026 — 16 of which will be electric as demand for the battery-powered vehicles has revved up in recent months.Nissan’s announcement, reported by Business Wire on Monday, noted “increased electrification” as part of the company’s new business strategy.Introducing a slate of new vehicles, over half of which will be E.V.s, because demand has...
  • Luxury EV maker Lucid to raise $1 bln from Saudi's PIF affiliate

    03/25/2024 10:05:08 PM PDT · by Olog-hai · 4 replies
    Reuters ^ | March 25, 20247:57 PM UTC | Akash Sriram and Zaheer Kachwala in Bengaluru and Joe White in Detroit
    Lucid said on Monday it is raising $1 billion in capital from an affiliate of Saudi Arabia’s Public Investment Fund (PIF), sending the shares of the luxury electric carmaker up about 8%. The latest investment by the sovereign wealth fund underscores a key advantage Lucid has in the race for survival among struggling EV startups. The Saudi government, which has a 60% stake, has invested billions in Lucid’s success as part of a strategy to diversify the Kingdom’s economy beyond oil. Ayar Third Investment Company, a PIF affiliate, will buy $1 billion in convertible preferred stock and will be able...
  • Electrifying trucking in U.S. could cost as much as $1 trillion, burden consumers, study warns

    03/25/2024 3:32:31 AM PDT · by Sam77 · 43 replies
    Just The News ^ | 24 March 2024 | Kevin Killough
    Anew study by Roland Berger, a global consulting firm, estimates that it will cost over $1 trillion to build out the infrastructure needed to support electric medium and heavy-duty trucks. The study was funded by the Clean Freight Coalition, which includes a number of trucking industry groups. Trucking fleets and operators of charging stations, according to the study, will need to invest $620 billion into new charging infrastructure. This includes the chargers, site infrastructure and utility cost service.
  • The Hertz Meltdown Reveals the Scale of the EV Debacle

    03/23/2024 9:10:43 AM PDT · by george76 · 96 replies
    Epoch Times ^ | 3/21/2024 | Jeffrey A. Tucker
    The Biden administration’s Environmental Protection Agency (EPA) has revealed its ambition: to phase out gas-powered cars in favor of electric vehicles (EVs). Incredibly, this announcement comes as we are flooded with overwhelming evidence that EVs are a market loser. Indeed, the artificial boom and then meltdown of the EV market is a modern industrial calamity. It was created by government, social media, wild disease frenzy, far-flung thinking, and the irrational chasing of utopia, followed by a rude awakening by facts and reality. CEO of Hertz Stephen Scherr has been booted out due to a vast purchase of an EV fleet...
  • US Auto Industry Faces Grim Future as Biden’s EPA Sets EV Mandates

    03/22/2024 12:13:41 PM PDT · by Red Badger · 39 replies
    Daily Signal ^ | March 21, 2024 | Diana Furchtgott-Roth
    Not since Prohibition has the federal government sought to ban a product as popular as the internal combustion engine. This week, the Environmental Protection Agency released its final emissions standards rule, requiring that 70% of new vehicle sales be pure battery-powered electric or hybrids by 2032. Prohibition was a disaster and ended 13 years after it began. If implemented, this rule to take away Americans’ choice in cars will be equally harmful. This new rule comes at a time when auto manufacturers are dialing back on EV investments because EVs are left unsold on dealers’ lots. EV maker Fisker has...
  • Shell To Close 1,000 Gas Stations: Here's Why, Company Says: Aims to reallocate resources towards EV charging stations.

    03/22/2024 12:37:11 PM PDT · by SeekAndFind · 83 replies
    Daily Voice ^ | 03/22/24 | Joe Lombardi
    One of the nation's major oil companies says it will close 1,000 gas stations. Shell made the announcement in its 2024 Energy Transition Strategy report, saying the measure is “in response to customer needs” and aimed at reallocating those resources towards EV charging stations. Shell said it will close 500 stations in 2024 and the other 500 in 2025. “We believe growth in oil demand is set to slow in the second half of this decade and could start falling in the 2030s because of increasing vehicle efficiency and growth in electric vehicles," the company stated in the report. "Today...
  • Public EV charging is a DISASTER (and always will be) | MGUY Australia

    03/22/2024 10:58:49 AM PDT · by Signalman · 24 replies
    YT ^ | 3/22/2024 | MGUY Australia
    Aussie comes to US and attempts to charge an EV-it did not go well.
  • Biden Is Coming for Your Truck

    03/22/2024 7:08:24 AM PDT · by DUMBGRUNT · 29 replies
    WSJ ^ | 21 March | Kimberley Strassel
    ‘Historic progress’ on electric cars may turn into a historic rout in swing states. This week’s Environmental Protection Agency tailpipe rule amounts to an imminent ban on gasoline-powered cars Who else approves? The White House will point to a cheerleading automotive industry, but peek behind the pom-poms and you see an administration with a gun to carmakers’ heads... “They’re coming for your truck.” An energy trade group has already been up with ads making that point in swing states, calling on Americans to reject Biden’s “EPA car ban.” Today’s Democratic Party is entirely dedicated to the proposition that all Americans...
  • The Electric Car Fiasco

    03/22/2024 7:48:47 AM PDT · by SeekAndFind · 22 replies
    Townhall ^ | 03/22/2024 | Michael Barone
    Donald Trump's anodyne if overexcited comment that the U.S. auto industry would face a "bloodbath" if he's not elected and doesn't impose 50% or 100% tariffs on cars produced predictable results. "Don't outsmart yourself," Sen. Brian Schatz (D-Hawaii) posted, and Joe Biden's campaign promptly charged Trump with promising a "bloodbath" if he loses, without saying that he used a common metaphor and was talking about the auto industry. That's a subject Team Biden is understandably touchy about, given the conspicuous fiasco of its electric vehicle policies. It's summed up in a lengthy Wall Street Journal report on how a "dramatic...
  • EV Startup Fisker Halts Production To Raise Emergency Funds Amid Cash Crunch From Low Demand

    03/21/2024 6:28:12 PM PDT · by george76 · 36 replies
    Daily Wire ^ | Mar 20, 2024 | Ryan Saavedra
    The startup electric car company Fisker said this week that it is halting the production of its vehicles to raise $150 million in emergency funds as it grapples with a cash crunch spurred by a low demand for electric vehicles. The California-based company, which says its mission is to “create the world’s most emotional and sustainable electric vehicles,” has barely produced over a thousand electric vehicles worldwide for the year. “The company has approximately 4,700 vehicles in its currently inventory, carried over from 2023 and including 2024 production,” the company said. “While it has not completed an NRV analysis for...
  • Biden finalizes crackdown on gas cars, forcing more than half of new car sales to be electric by 2030.

    03/20/2024 3:13:16 PM PDT · by Carriage Hill · 86 replies
    Fox News ^ | 3.20.2024 | Thomas Catenacci
    The Biden administration has finalized a slate of highly-anticipated environmental regulations curbing gas-powered vehicle tailpipe emissions as part of its broader efforts to reduce greenhouse gas emissions and combat global warming. In a joint announcement Wednesday, the White House and the Environmental Protection Agency (EPA) unveiled the most aggressive multi-pollutant emission standards ever finalized.
  • The EPA Is About to Outlaw Your Car.

    03/20/2024 11:29:14 AM PDT · by Carriage Hill · 105 replies
    PJ Media ^ | 3.19.2024 | Stephen Green
    "Outlaw your car" sounds like such an outrageous phrase, and technically speaking, it isn't true — but only barely. What practical difference is there between outlawing something, and regulating it out of existence? That's exactly what the EPA intends to do this week with strict new rules going forward against gas- and diesel-powered cars and light trucks.
  • The EV Market is Imploding, So Biden Is About to Mandate Them

    03/20/2024 10:17:01 AM PDT · by SeekAndFind · 63 replies
    Hotair ^ | 03/20/2024 | David Strom
    Story after story has come out about the implosion in the EV market. As with many luxury goods, the market can quickly expand and just as quickly top out, as the latent market demand gets filled. This is what happened with electric vehicles, which appeal greatly to a small cross-section of the market, but not so much to the general car buyer. Our colleague, Beege has been on this beat and done an outstanding job, so I won't duplicate her work proving that the market for EVs has slowed dramatically. All you really need to know is that the market...
  • Hertz CEO gambled it all on EVs, now he’s resigning in disgrace

    03/19/2024 9:21:33 AM PDT · by SeekAndFind · 45 replies
    American Thinker ^ | 03/19/24 | Olivia Murray
    As John Adams said:Facts are stubborn things; and whatever may be our wishes, our inclinations, or the dictates of our passions, they cannot alter the state of facts and evidence.Now, if Stephen Scherr had taken Adams’s observation into consideration, he might still have a job. (However, no sympathy from me; he’ll be employed in no time at all, making more bad decisions that inevitably cost me money, in one way or another.) From a report at the New York Post this afternoon:Hertz, one of the four largest car rental companies in the world, is replacing its CEO after the company...
  • Hertz CEO Resigns After Blowing Big Gamble on EVs

    03/18/2024 4:02:50 AM PDT · by Sam77 · 48 replies
    Western Journal ^ | 17 March 2024 | Adelle Nazarian
    Stephen Scherr, chief executive officer of Hertz Global Holdings Inc. and a member of its board of directors, will step down on March 31, following the car rental company’s largest quarterly loss since 2020 after a risky bet on electric vehicles. According to Fox Business, Scherr is working with Gil West, former chief operating officer of Delta Airlines and General Motors’ Cruise unit, to ensure a smooth transition. West will officially start his new role at Hertz on April 1.
  • CEO steps down after being hit with expensive EV repairs and low resale prices following purchase of 100,000 Teslas

    03/17/2024 1:53:17 AM PDT · by RomanSoldier19 · 55 replies
    https://fortune.com/ ^ | March 15, 2024 at 8:06 PM EDT | BYERIK SCHATZKER, DAVID WELCH, SRIDHAR NATARAJAN AND BLOOMBERG
    Hertz Global Holdings Inc. is replacing its chief executive officer in the wake of a disastrous bet on electric vehicles that the company began unwinding in recent months. Stephen Scherr, who ran Hertz for just over two years after three decades at Goldman Sachs Group Inc., has decided to step down, the rental-car company said late Friday in a statement. It’s replacing him with Gil West, the former chief operating officer of General Motors Co.’s Cruise robotaxi unit. West also will join the board of directors on April 1, according to the statement, which confirmed an earlier Bloomberg report.