Traditional auto manufacturers and middle distillate refiners should be wary that a niche technology could be about to snowball into full-scale disruption Clayton Christiansen’s classic business book The Innovator’s Dilemma argues that value to innovation is an S-curve, with a long initial phase of relatively slow value growth followed by an explosive ramp-up once the
The company is cutting 15 percent of its workforce and shuttering five plants. General Motors announced today that is planning to lay off 15 percent of its contract workers, shutter five plants in North America, and discontinue production on six vehicle models next year. The move comes as part of a major restructuring of the
Nissan doesn’t want chairman’s arrest to overshadow the Leaf’s debut. When it introduced the second generation of the Leaf electric car in 2017, Nissan promised that a “higher power, longer range version at a higher price” would arrive in 2019. However, with Nissan chairman Carlos Ghosn embroiled in a scandal, it seems we’ll have to
Another new i3? Yup, another. In its brief life the i3 has had an improved battery, a facelift, and a warmed-over ‘s’ version. And now both the normal i3 and the i3s get a bigger-capacity battery again. How big? BMW calls it 120Ah. Twice the capacity of the original i3, and so roughly double the
British Gas has launched Green Drive Nov 2020, a new smart time-of-use tariff for electric vehicle users. It offers cheaper electricity for seven hours, between 12.30am and 7.30am, for users to charge their car. Electric vehicle drivers use up to 80% more electricity if they charge at home, according to British Gas. They can benefit
Electric vehicle sales are likely to jump over the next two to three years as prices fall and more options are made available to customers, according to Evy Hambro, BlackRock’s global head of thematic and sector investing. Customers will have more opportunities to move away from traditional combustion engines to electric vehicles and their options
Tougher MoT test sees almost 750,000 cars fail for substandard emissions; failure rate for diesel cars shoots up more than fourfold More than four times as many diesel cars have failed their MoT test for substandard emissions since tough new test criteria were introduced in May this year. Some 58,004 diesels failed the emission portion
Recent cuts to the grants available for the purchase of electric vehicles are intended to move the sector away from “buyer subsidy”, according to energy and clean growth minister Claire Perry. Speaking to the business, energy and industrial strategy select committee, she added that grant payments potentially offered cash to vehicle owners who could already
A £25m battery storage facility which could bring fast chargers for electric vehicles to the city has been given the go-ahead. Pivot Power, along with the National Grid, applied to South Norfolk Council for a 49.9MW battery facility next to a substation on Ipwich Road at Dunston. It will be one of the first 45
Hyundai Kona Electric vs Nissan Leaf
What’s the best affordable small electric car on sale? We test the new Hyundai Kona Electric against the Nissan Leaf to find out… For years the Nissan Leaf had the affordable electric car market to itself, sewing up the sector with a balance of range, practicality, performance and affordability that made electric cars viable for
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