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Mitsubishi wants to launch Australia’s cheapest electric car, but there’s a very expensive reason it might not

EV Central

Mitsubishi Motors Australia CEO Shaun Westcott told automotive media last week at a preview of the new-generation diesel-powered Triton ute that renewable power generation, such as solar, was critical to EVs making sense. Where is Australia for renewable energy power stations?” he asked. “We

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Joint IEA-NEA report details plunge in costs of renewable electricity; nuclear competitive with other baseload power sources

Green Car Congress

2010 and 2015 LCOE ranges for solar and wind technologies. The cost of producing electricity from renewable sources such as wind and solar has been falling for several years. Bottom: LCOE ranges for solar PV and wind technologies at three discount rates. Source: IEA/NEA. Click to enlarge. Source: IEA/NEA. Click to enlarge.

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Global investment in renewable power reached $270.2B in 2014, ~17% up from 2013; biofuel investment fell 8% to 10-year low

Green Car Congress

The increase reflected several influences, according to the report, including a boom in solar installations in China and Japan—totalling $74.9 billion) and South Africa ($5.5 Wind, solar, biomass and waste-to-power, geothermal, small hydro and marine power contributed an estimated 9.1% billion), India ($7.4

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Study recommends $10B/year US federal investment in energy RD&D and a substantial price on carbon emissions; leveraging the national labs and encouraging the private sector for a clean energy future

Green Car Congress

The largest percentage increases we recommend compared to 2009 funding levels are for energy storage, buildings, bioenergy, and solar photovoltaics. The remainder of the funding should go to other areas, including Basic Energy Sciences, the report by the team from the Belfer Center for Science and International Affairs suggests.

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Falling Domestic Fares and an A.I. Arms Race: What Travelers Can Expect in 2024

Baua Electric

Analysts at American Express Global Business Travel say that average ticket prices across all regions are not expected to change significantly. Reasons for the falling prices include increased airplane capacity — the number of seats on a given route — and a drop in the cost of jet fuel. But airline capacity, Ms. Finally, A.I.

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We Need More Than Just Electric Vehicles

Cars That Think

And it produces almost all its electricity from hydro and solar. Another barrier to the adoption of EVs is the price, which is largely a function of the cost of the batteries, which make the purchase price 25 to 70 percent higher than that of an equivalent conventional vehicle. falls somewhere in the middle, deriving.