Porsche’s groundbreaking endeavor replaces gasoline with air and water, redefining sustainable transportation. It showcases their commitment to the environment and reducing fossil fuel dependency. Harnessing the Power of Hydrogen At the core of Porsche’s pioneering technology is the vision of harnessing the power of hydrogen. The company envisions a world where hydrogen, a clean and […]
Electric Vehicle
China has a unique consumer profile for its electric vehicle (EV) market. Chinese consumers have no past car ownership experience, making them more and open to EV, and are price conscious. ———- China is becoming a big part the EV market. It was only a matter of time, China is a main exporter of EV […]
The United States and Japan on Tuesday signed a trade deal on electric vehicle battery minerals that is key to strengthening their battery supply chains and granting Japanese automakers wider access to a new $7,500 U.S. EV tax credit. The swiftly negotiated agreement prohibits the two countries from enacting bilateral export restrictions on the minerals […]
BMW expects over 50% of new sales to be all-electric vehicles well ahead of its 2030 target and could envision a hydrogen-powered car going into production in the second half of the decade, the premium carmaker said on Wednesday. By 2025, a fourth of new sales will be all-electric, the company said, rising to a […]
The European Commission proposed a plan on Wednesday to try to ensure Europe can compete with the United States as a manufacturing hub for electric vehicles and other green products and reduce its dependence on China. Commission President Ursula von der Leyen announced a loosening of EU state aid rules, a repurposing of existing EU […]
Shares of Tesla Inc snapped a seven-session losing streak on Wednesday, in their rare rise this month on the way to what will be the electric-vehicle maker’s worst year on record. The stock gained 3.3 percent on the day. It is set to round off 2022 with a 68 percent drop – the most among […]
The Inflation Reduction Act (IRA) includes the “largest investment ever in combating the existential crisis of climate change”, according to President Joe Biden, who will sign the bill into law later on Tuesday. Around $369 billion of federal funds will flow into climate change and energy security, boosting domestic capacity to produce wind turbines, solar […]
In the coming decade, Dubai’s transportation will undergo a significant change. Driverless cars in Dubai will soon become a common reality, and transportation is poised to undergo a revolution brought on by autonomous vehicles and other types of vehicles. The United Arab Emirates (UAE), a leader in research and development (R&D) and technology, has taken […]
China search engine giant Baidu Inc said on Monday it has obtained permits to operate fully driverless robotaxi services on open roads from two Chinese cities, the first of their kind in the country. The permits, awarded by the southwestern municipality of Chongqing and the central city of Wuhan, allow commercial robotaxis to offer rides […]
A group of 10 U.S. House Democrats on Friday asked President Joe Biden’s administration to build electric vehicle charging stations together with broadband internet infrastructure under the $1 trillion infrastructure law approved in November 2021. As part of that measure, Congress set aside $42.45 billion in grants to expand broadband, including building fiber or other […]