GM plans to profit from its electric vehicles by 2021

Electric Vehicles - Chevrolet Car - Steering Wheel

Automaker sees significant promise in electric vehicles General Motors is placing a great deal of faith in electric vehicles. The company sees great promise for these vehicles in the future, so much so that it believes it will begin generating profit from all of its clean cars by 2021. Many automakers have been slow to embrace clean technology due to potential losses. As technology has improved, however, the potential to generate revenue from the use of batteries and fuel cells has increased. GM’s new clean vehicle has found modest success…

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Majority of electric vehicles are acquired through leasing programs

Electric Vehicles Study - Charts and Graphs

Study shows most consumers lease their clean vehicles The penetration of electric vehicles in the United States is heavily reliant on leasing, according to a new study from Bloomberg New Energy Finance. In many cases, leasing allows consumers to avoid potentially high upfront costs. In the case of vehicles equipped with fuel cells, leasing programs also grant consumers guaranteed access to the hydrogen fuel they need to power these vehicles. The study shows that the vast majority of electric vehicles and hybrids in the United States are gained through leasing…

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Honda is moving forward with fuel cells and batteries

Fuel Cells - Honda Cars and Dealership

Automakers hopes two-thirds of its vehicle sales will come from battery electrics Japanese automaker Honda is hard at work developing a new generation of clean vehicles. Currently, the company does not yet offer any hybrid or battery electric vehicles. Honda has seen a major shift in the transportation world, however, and is eager to accommodate new trends that are emerging throughout the auto industry. The company intends to see two-thirds of its sales come from vehicles equipped with batteries by 2030. The company is also investing heavily in hydrogen fuel…

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Clean vehicles may kill internal combustion engines by 2050

Clean Vehicles - Car Engine

Toyota believes that conventional engines will soon be extinct Toyota believes that internal combustion engines will become extinct by 2050. The company’s head of its research and development division, Seigo Kuzumaki, suggests that this will happen due to changing emissions regulations and the growing adoption of clean vehicles. Toyota is poising itself to be prepared for this apparent inevitability by focusing more heavily on clean technology, such as hydrogen fuel cells. The automaker already offers a fuel cell vehicle in its Mirai and intends to launch many new clean vehicles…

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Hyundai has big plans for new electric vehicles

electric Vehicles - Electric Car being charged

Automaker is beginning to place more focus on electric vehicles South Korean automaker Hyundai has plans to ramp up its production of electric vehicles. The automaker has already established a position in the clean transportation market, but believes it has been late in doing so. Hyundai senior vice president Lee Ki-sang suggests that the company could have been the first to bring electric vehicles to the market. Instead, the company has focused on more conventional cars, only recently investing more heavily in clean technology. Hyundai plans to launch a new…

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Toyota and Panasonic team to aid electric vehicles

Electric Vehicles - Partnership

New partnership seeks to establish standards for battery technology Toyota and Panasonic have formed a new partnership in order to establish new standards for the batteries used in electric vehicles. The two companies are currently working on the final details concerning these standards. The partnership could help Japanese automakers compete more effectively with foreign companies. Automakers outside of Japan have established a significant lead when it comes to using advanced battery technology to power new vehicles. Better batteries could help make electric vehicles more affordable Both Toyota and Panasonic are…

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Study shows that fuel cells and other technologies are gaining momentum in the shipping industry

fuel cells - Transport Truck on Highway

Study highlights the growing significance of clean technology The University of Maritime Advisory Services and Lloyd’s Register have released a new study highlighting zero emission vessels. The shipping industry has embarked on a quest to significantly reduce emissions by 2030. Several companies aim to accomplish this task through the use of clean technology, such as hydrogen fuel cells. The study suggests that shipping companies will have to have made serious progress in this endeavor by 2030 in order to achieve their own emissions reduction goals. Fuel cells are becoming more…

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MIT researchers develop new battery system that can store and release heat

MIT Research - Battery System

New battery system can provide thermal energy when it is needed most A research team from the Massachusetts Institute of Technology (MIT) has announced the development of a new battery system that can store solar energy and release heat when it is needed. Researchers believe that the new system could be used to provide electricity for communities in developing parts of the world. In cities, the system could also be used to limit the amount of electricity that is consumed by residents, particularly during colder seasons. System can collect energy…

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Tesla keeps its promise to build battery system in 100 days or less

Clean Energy - Tesla Car Battery

Company has built a large-scale battery system in South Australia Tesla has followed through with its promise to build the world’s largest battery system in South Australia. The company has successfully completed the construction of a 100 megawatt battery facility. The new facility will be capable of supplying some 129 megawatt-hours of electrical power. Tesla founder and CEO Elon Musk had promised the Australian government that the battery system would be completed within 100 days. Tesla was able to finish the project in less than two months. New battery system…

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GM looks to make electric vehicles cheaper with new batteries

Electric Veghicles - GM Logo

Affordable batteries could lower the price of electric vehicles Automaker General Motors hopes to see profits from its electric vehicles largely because they are equipped with less expensive batteries. The company is currently working to develop batteries that are approximately one-third less expensive than the batteries it currently uses. These batteries are expected to be used to power the 20 new electric vehicles that GM plans to introduce by 2023. Clean vehicles are still fighting for a place in the market GM has been struggling to sell its clean vehicles…

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Toyota’s new batteries could make electric vehicles better

Electric Vehicles - Toyota Car Ignition Button

Automaker is working to resolve issues with its new battery technology Japanese automaker Toyota is working to resolve issues with its new battery technology that it plans to release during the first half of 2020. The company believes that this technology could make electric vehicles much more affordable. Toyota has developed new solid-state batteries that have a high capacity for energy storage. The batteries are meant to replace their more conventional counterparts and could lead to a brighter future for electric vehicles. Battery life remains a problem for Toyota One…

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The Netherlands confirms plans for electric vehicles

Electric vehicles - EV charging station

Dutch government will be banning the sale of all new gas-powered vehicles by 2030 The Dutch government has confirmed its plans to make all new cars emission-free by 2030. The Netherlands has taken the issue of clean transportation very seriously. The country intends to cut emissions by a significant level and it aims to accomplish this by making conventional vehicles no longer accessible. The government’s plan effectively serves as a ban on all gas powered cars by 2030, with only electric vehicles to be available thereafter. Government targets transportation to…

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Fuel cells may be losing the efficiency battle with batteries

fuel cells - image of battery

Study suggests batteries are much more energy efficient than fuel cells Fuel cells have come to establish a relatively strong position in the global auto industry, but they may soon lose their battle with battery technology. A new study from Transport & Environment, an environment organization in Europe, suggests that batteries will win the clean transportation fight. The study suggests that the overall efficiency of battery electric vehicles is significantly higher than vehicles equipped with fuel cells. Some automakers have recently been showing more interest in batteries because they are…

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Volkswagen may be moving away from hydrogen fuel cells

Volkswagen Car - Hydrogen Fuel Cells

Automaker could be ditching fuel cells in favor of batteries German automaker Volkswagen may be starting to distance itself from hydrogen fuel cells. The company has long been ambivalent concerning these energy systems, preferring batteries that can power new vehicles. In recent years, the automaker had shown more interest in fuel cells, particularly through its Audi brand. This is changing, however, as Volkswagen begins to focus more of its attention on clean vehicles. Volkswagen has plans to embrace battery technology The automaker has not been shy with its criticisms regarding…

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Toyota to launch new batteries for clean vehicles by 2022

Toyota clean vehicles - Hybrid engine

Automaker has plans to release its first solid-state batteries in 2022 Japanese automaker Toyota has announced plans to launch its new solid-state battery in 2022. The company has been working to develop new solutions for clean vehicles in order to make transportation more efficient and environmentally friendly. Toyota has extensive experience with battery technology and the company believes that its new batteries will help usher in a new era for clean vehicles. The new batteries could help make electric vehicles much more attractive to consumers. New batteries will help make…

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Genesis showcases new concept car equipped with clean technology

Clean Technology - Hyundai Genesis Prada

New concept car makes use of a fuel cell and battery system Hyundai’s luxury brand, Genesis, has showcased a new concept car at the New York Auto Show. The new vehicle is a full-sized SUV and equipped with a plug-in hydrogen fuel cell system. Called the GV80, the concept car is meant to highlight one of the directions that luxury brands are moving towards in terms of clean technology. Genesis is one of several companies that have showcased new fuel cell vehicles recently. Clean technology may have a promising future…

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