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BNEF ups forecast for global investment in stationary energy storage, sees majority of capacity likely to be grid-scale

Green Car Congress

Global cumulative energy storage installations. The report goes on to model the impact of this on a global electricity system increasingly penetrated by low-cost wind and solar. Just 10 countries are on course to represent almost three quarters of the global market in gigawatt terms, according to BNEF’s forecast.

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Convincing Consumers To Buy EVs

Cars That Think

With the combination of requiring all new light-duty vehicles sold in New York State be zero-emission by 2035, investments in electric vehicles charging stations , and state and federal EV rebates, “ you’re going to see that you have no more excuses ” for not buying an EV, according to New York Governor Kathy Hochul. How much range is enough?

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IDTechEx: Sales of electric motorcycles in Europe grew 50% y-o-y in 2020

Green Car Congress

This high-power need, coupled with the limited space on the motorcycle, means manufacturers rarely use off-the-shelf parts and design motors in-house from scratch. In contrast, low energy, cheap LFP packs sourced from China can be used for the low energy needs of electric scooters.

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After calling Teslas a “toy” years ago, Hyundai’s belief in hydrogen is being tested

Teslarati

As the automotive sector transitions into the renewable age, the battle between all-electric cars and hydrogen-powered vehicles almost seems over. A Bloomberg report recently cited the experience of Song Young-jin, a 38-year-old sales manager in Euiwang city, South Korea, who purchased a Hyundai Nexo, a hydrogen-powered SUV, in March 2020.

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Hertz says it will invest some of proceeds from selling Tesla cars back into gas cars

Baua Electric

Yesterday, we reported on Hertz starting to sell its older Tesla Model 3s and they are going for fairly cheap. fleet, or about one-third of the global EV fleet. It started buying its fleet of Tesla vehicles at peak prices right before the automaker started to slash prices in order to create demand amid increasing interest rates.

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Mad Power thoughts

EV Info

It comes upon us when we have barely started ripping out our gas boilers to make way for the expensive and inefficient heat pumps the Government is telling us to buy, or building the costly new power stations that will be needed to charge the electric cars we will all soon require.

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Mitsubishi Mirage to Be Discontinued by 2025

The Truth About Cars

Mitsubishi said it will introduce nine new electrified models globally during the next five years and plow $10 billion into electrified vehicles and battery production through 2030. It’s one of the brand’s biggest markets and it’s also a source of relatively cheap labor — ensuring the Mirage can be a competitively priced global product.