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SK Innovation Q2 profit tops forecast, battery unit eyes EV demand recovery – ET Auto

Baua Electric

SK Innovation Co Ltd said on Monday its SK On battery-making unit is on target to breakeven in the second half of this year after it posted a forecast-beating operating profit in the first quarter, sending its shares up over 6.0%. That compared with an average analyst forecast of 466 billion won. rise as of 0336 GMT.

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Is A Tax On Electricity (kWh) Consumed The Best Way to Supplement the Fuel Tax for Electric Vehicles?

EV Adoption

As sales of electric vehicles begin to reach significant numbers across the US, states are exploring approaches to replace lost tax revenue since EV drivers don’t pay fuel taxes as drivers of gas-powered cars do at gas stations. Unfortunately there is currently no simple and agreed upon best replacement for the fuel tax.

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Navigant Research forecasts new EV global sales of > 346,000 units in 2014; 10 predictions for the year

Green Car Congress

Possibilities include dramatic reductions in the cost of EV batteries that lead to more cost- competitive vehicles, greater state or federal incentives, or increasing taxes on fossil fuels. in North America between 2014 and 2022, according to data from Navigant Research’s Electric Vehicle Market Forecasts report.

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4 Powerful Reasons to Choose EV Connect for Your Fleet Charging

EV Connect

The Economics of EV Fleet Adoption Transferring to an electric vehicle fleet isn’t just a reactive measure to capitalize on new tax credits or comply with recent regulations. Through EV Connect Shield , we’re able to provide a comprehensive operational and maintenance package to cover hardware, software, and firmware 24/7.

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Toyota 3-row EVs, Tesla price cuts, electric G-wagen, airless tires: The Week in Reverse

Baua Electric

The Tesla Model Y undercuts the Model 3 by $5,000 —for those who are EV tax credit eligible—under the latest round of Tesla price cuts made last weekend. It might also be EV tax-credit-eligible while other Model 3 versions aren’t. Tesla Model 3 Performance Vietnam’s Vinfast announced Tuesday that it has signed a dozen new U.S.

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MIT Task Force on the Work of the Future suggests widespread autonomous driving at least a decade away

Green Car Congress

Building on the Task Force’s interim 2019 report, “Work of the Future: Shaping Technologies and Institutions,” MIT Task Force members are providing analysis on topics including manufacturing, health care, tax reform, skills/training, and emerging technologies such as collaborative robotics and additive manufacturing.

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Next 10 report finds California will meet or exceed original target of 1.5M ZEVs by 2025

Green Car Congress

The report shows that projected global ZEV adoption from 2015 to 2039 (based on the BNEF 2017 forecast) may follow an s-curve, similar to that of smartphone adoption in the US from 2005 to 2015. The growth of ZEVs represents a potential drain on motor vehicle fuel taxes, which could affect state transportation revenue.