Electric Vehicles

If you, like me, are unsure how a power plant can be virtual, my colleague June Kim just published an insightful article explaining the technology and how it works. For this week’s newsletter, I took the chance to ask her some more questions about VPPs. It turns out the technology has a particularly good synergy with the EV industry, which is why the Chinese government has started to invest in VPPs.  “VPPs are basically just aggregations of distributed energy resources that can balance electricity on the grid,” June…

The Xpeng G9 SUV is on display during the 20th Shanghai International Automobile Industry Exhibition at the National Exhibition and Convention Center in Shanghai, April 18, 2023.VCG | Visual China Group | Getty ImagesXpeng plans to hire 4,000 new people and invest in artificial intelligence technology, according to the company's CEO, who warned of intense competition in the electric vehicle space which could end in a "bloodbath."He Xiaopeng, the CEO of EV maker Xpeng, said in a letter to employees on Sunday, which was…

“The Kia EV9 is a great buy no matter which model you go for.” Pros Stylish design Luxurious, spacious interior Good performance Reasonable price Cons Low range on entry-level models The world of electric SUVs hasn’t been known for its variety. If you’re in the market for a full-size SUV and want…

Norway boasts the highest electric vehicle adoption rate in the world. Some 82% of new car sales were EVs in Norway in 2023, according to the Norwegian Road Federation (OFV). In comparison, 7.6% of new car sales were electric in the U.S. last year, according to Kelley Blue Book estimates. In the world's largest auto market, China, 24% of new car sales were EVs in 2023, according to the China Passenger Car Association. "Our goal is that all new cars by 2025 will be zero-emission vehicles," said Ragnhild Syrstad, the state…

The National Highway Traffic Safety Administration has opened a second investigation into EV startup Fisker’s Ocean SUV, after the agency received four complaints about the vehicle rolling away unexpectedly, including one injury. The company tells TechCrunch it is “fully cooperating” with the safety agency. The new probe comes just one month after NHTSA’s Office of Defects Investigation began investigating complaints of sudden loss of braking performance. Fisker claims that problem was resolved…

The San Francisco Giants said goodbye this week to a uniform patch that advertised Cruise and its robotaxis — the latest fallout for the GM self-driving subsidiary and its controversial presence in the city. The marketing partnership, which was announced in August 2023, will continue, but with another GM brand. For the 2024 baseball season, SF Giants uniforms will show the Chevrolet logo with the “EV” in bolded orange. Chevrolet’s all-electric vehicle portfolio includes the Chevy Blazer EV, the…

Last Updated: February 16, 2024, 17:28 ISTHyundai Launches Rapid EV Charging Stations Across India, Making Electric Travel Easier. (Photo: Hyundai)Hyundai's commitment to electrification is further emphasized by the presence of these Ultra-Fast charging stations in public locations. Hyundai Motor India Ltd., known for its smart mobility solutions, has successfully expanded its Ultra-High Speed Public EV Charging Network in key cities and highways across India.The company now boasts a total of eleven Ultra-Fast charging…

US electric automaker Tesla could soon set up shop in India, with the government close to finalising a policy to extend concessional import duties on electric cars exceeding Rs 30 lakh (about $36,000) for 2-3 years.The reduced import duties are likely to be offered in lieu of bank guarantees by Tesla for a proposed investment to build an electric vehicle factory in India, people aware of the developments told ET.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteMITMIT Technology…

The Chrysler Halcyon concept car.StellantisDETROIT — Chrysler revealed the direction of its future products on Tuesday with a new concept car called "Halcyon," as the once prominent auto company attempts to drum up attention amid a dearth of new products.The concept car is a sleek, future-looking sports car that's designed to incorporate emerging technologies such as autonomous driving and new battery materials and charging capabilities for electric vehicles. It features an updated Chrysler logo as well as other design…

Last Updated: February 12, 2024, 17:50 ISTFAME-II Incentives Revised: Electric Vehicle Subsidies Now Based On Ex-Factory Prices. (Representative Image) (Photo: Canary Media)This revision aims to eliminate disparities in pricing across states and standardise the treatment of all vehicle segments within the policy framework.In a significant move aimed at streamlining the incentives under the Faster Adoption and Manufacturing of Electric Vehicles (FAME-II) scheme, the Ministry of Heavy Industries announced a shift in the…