Hyundai Motor Company Increases Production Capacity of IONIQ Electric by 50%

Hyundai Motor Company is planning to increase production capacity of ‘IONIQ Electric’, which is its main electric vehicle, by 50% as number of potential buyers has greatly increased compared to its original prediction on demands in South Korean market. It is expected that this will resolve inconvenience of customers who have to wait 4 to

Renault-Nissan to build energy storage plant from EV batteries to rival power stations

The Renault-Nissan Alliance is planning to build a 100MW energy storage plant big enough to power 120,000 homes, which can replace a gas or coal-fired power station, sources told Reuters. It is widely seen as a pilot project that could lead to a major new business opportunity for OEMs. Following trialling using electric vehicle (EV)

‘Spectacular’ drop in renewable energy costs leads to record global boost

Falling solar and wind prices have led to new power deals across the world despite investment in renewables falling Renewable energy capacity around the world was boosted by a record amount in 2016 and delivered at a markedly lower cost, according to new global data – although the total financial investment in renewables actually fell.

Cleaner Than Ever: Latest Numbers Show Electric Vehicle Advantage Is Growing

OAKLAND, CA (May 31, 2017)—Everywhere in the US, driving electric is cleaner than driving a typical gasoline-powered car. That’s truer now than ever before, and the advantage electric vehicles have over comparable gasoline cars is only continuing to increase. New analysis by the Union of Concerned Scientists (UCS) shows that in 70 percent of the