We have recently seen several projections about the adoption of electric vehicles from different companies and research groups, like Morgan Stanley, Bloomberg, and even OPEC. Most of them predict that about half of new vehicle production will be electric at some point between 2035 and 2040. Now Tesla CEO Elon Musk jumps in with his
For months, politicians and fossil fuel industry have lied about the viability of renewables. Now Tesla’s big battery in South Australia will prove them wrong Elon Musk’s agreement to build the world’s largest battery for South Australia isn’t just an extraordinary technological breakthrough that signs coal’s death warrant. It’s potentially a game changer in the
OPEC quintupled forecast for battery powered cars in last year Oil majors and automakers diverge on outlook for EVs The world’s biggest oil producers are starting to take electric vehicles seriously as a long-term threat. OPEC quintupled its forecast for sales of plug-in EVs, and oil producers from Exxon Mobil Corp. to BP Plc also
More battery-powered vehicles would mean cleaner air and quieter streets – but also a drain on the National Grid and less fuel duty to the Treasury Streets will be quieter, the air will be cleaner, people will spend less time at petrol stations and car factories might even return to Britain’s shores if the country
According to the latest edition of the International Energy Agency’s Global EV Outlook, the number of electric cars in motion has to reach 600 million by 2040 in order for the current greenhouse gas emission target of temperature increases below 2°C to be reached and maintained. Currently, we are nowhere near this figure, as only
Falling battery costs to drive sales but European carmakers will lose out to rivals in the US and Asia, forecasts Dutch bank All new cars sold in Europe will be electric within less than two decades, driven by government support, falling battery costs and economies of scale, a Dutch bank has predicted. However, ING warned
Vehicle-to-grid technology could help meet demand for electricity at peak times, with owners paid in money or free parking British businesses will be able to bid for £20m of government funding for undertaking research and trials of vehicle-to-grid technology, which officials believe holds “enormous potential” benefits for drivers and the energy system. The announcement comes
Nissan must be pretty sure of finding success with the next generation 2018 LEAF (which debuts in September), as the Japanese company expects that up to 20% of its new auto sales in Europe to be zero emission in just 3 years time. Nissan has also stated that two more all-electric vehicles will arrive between
UK electric and plug-in car registrations hit record high
More electric and plug-in hybrid cars were registered during the first half of 2017 than in any previous six-monthly period. More than 22,400 plug-in models were registered between January and June 2017, a rise of 14.3% on 2016 and 53.8% up on the same period in 2015. June exceeded all previous non-plate-change months with 4,405
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