The Electric Vehicle Business Is Forecasted to be around $500 Billion in 2026 Report Says

You can already buy a tourist bus or boat or golf car that never plugs in or refuels because it captures enough sunshine. Buy an autonomous underwater vehicle that surfaces to recharge its batteries with sunshine and sometimes wave power. See ships and planes circumnavigating the world electrically on sunshine alone. Buy an electric plane with a propeller that goes backwards when it rides thermals to charge the battery. Buy a boat that has a thrust propeller that does the same when under sail or moored in a tidestream. View…

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2013 Good Year For Electric Vehicle Sales

Anyone who thought the future would look like an episode of the Jetson’s will be glad to know that 2013 was great in terms of electric vehicle sales. According to an article by Scientific American, more than 90,000 fully electric cars and plug-in hybrids were purchased over the course of the year. Those sales are almost double from those of 2012. Factors that seemed to have affected sales include the bankruptcy filings of American electric vehicle start-ups Coda Automotive and Fisker Automotive, the latter of which received a loan from…

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Is EV charging technology the next challenge for the electric vehicle industry?

It would be foolish and wrong to suggest that the electric vehicle market is about to break into the mass market but the signs are that interest is increasing, sales are set to double in the US and recent price reductions have certainly caught the attention of potential buyers. However, there is a potentially difficult situation approaching the EV industry in the shape of charging technology which could be the key to the short to medium-term take-up of this ever popular mode of transport. At this moment in time there…

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Clean transportation driven by economics rather than climate

Support behind clean transportation linked to economic gain The Indiana University Bloomington School of Public Environmental Affairs and the University of Kansas have released a new report concerning the economic factors pushing clean transportation forward. Clean transportation — and renewable energy in general — is often considered to be an environmental issue. Conventional vehicles produce emissions that have a drastic effect on the environment and automakers are being pressured to develop cleaner vehicles that produce no emissions. According to the report, economics may be pushing automakers to develop clean vehicles…

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Is it really time to switch off the subsidy tap for the electric vehicle market?

electric vehicles - Wireless Charging

  As the US government looks at ways in which to reduce the federal budget a number of experts have stepped forward to suggest that the electric vehicle tax credit, which could cost taxpayers around $7.5 billion over the next few years, should be reviewed. We’ve also seen the UK government refusing to give medium-term confirmation of its plans for the current financial incentives to acquire electric vehicles and some other governments around the world seem keen to reduce their spending in this area. When economies were flying high, tax…

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California to account for 25% electric vehicle sales in US

Electric Vehicle Sales

California continues to be a bastion for clean transportation California is expected to account for a significant percentage of the electric vehicle market in the U.S., according to a new report from Pike Research. The state has long been a bastion for electric vehicles and alternative energy. Its policies have made it an attractive market for the auto industry and company’s developing electric vehicles of all kinds, especially those powered by hydrogen fuel. The report suggests that the state is poised to play a major role in the electric vehicle…

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