Tag: electric vehicle technology

Electric Vehicles Have ‘Embarrassing’ Number of Quality Issues Compared to Combustion Engines: 2022 Study

June 30, 2022
Business & MarketsCar Quality RatingCompanieselectric vehicle technologyElectric VehiclesTechTech NewsUSUS News
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Battery-electric vehicles (BEVs) and plug-in hybrid vehicles (PHEVs) have turned out to have more problems than internal combustion engines (ICE), according to a new study by data analysis and advisory firm J.D. Power. While ICE vehicles averaged 175 problems per 100 vehicles (PP100), this jumped to 239 among PHEVs and 240 among BEVs, a June…

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Americans Less Likely Than Other Nationalities to Buy Electric Cars: Mobility Survey

May 24, 2022
automotiveBusiness & Economyelectric vehicleelectric vehicle technologyTechTech NewsUSUS News
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Americans are less likely to buy an electric vehicle (EV) compared to people from other nations, according to the latest EY Mobility Consumer Index from EY Global, which also showed that a high proportion of survey respondents who were likely to buy an EV would be willing to pay a premium for it. Among the…

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Electric Vehicle Battery Prices Go Up Facing Lithium Shortages and Rising Demand

January 3, 2022
Business & EconomyCompanieseconomyelectric vehicle technologylithium ion batteryMarketsUSUS electric vehicle batteryUS News
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Electric vehicle battery prices are increasing as the cost of raw materials, especially lithium, is rebounding after a decade of price reductions following a radical growth in the electrification of vehicles by major manufacturers and subsequent hike in demand. The biggest battery manufacturer in the world is China, where the benchmark price of lithium carbonate…

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GM Releasing Kits That Can Convert Old Gasoline Cars to Electric Vehicles

December 25, 2021
Business & EconomyCompanieselectric vehicle technologyGeneral Motors CoTechTech NewsUS electric vehicle battery
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General Motors (GM) plans on going beyond manufacturing a fleet of electric cars, according to an announcement Wednesday regarding electrification component sets, which are capable of converting most old gasoline-powered automobiles into new-age electric vehicles (EV). The technology will be used for EV conversion projects and GM expects to target a group of diverse commercial…

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Tesla Expands Battery Production Plans, Signs Supply Agreement With Ganfeng Lithium

November 2, 2021
Business & EconomyBusiness ColumnistsCompaniesEconomieselectric vehicle technologyMarketsTesla IncUSUS News
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While Tesla Inc stock continues roaring higher, the company continues to push the limits of electric vehicle technology. After a 100,000-vehicle order from Hertz, Tesla is more demand constrained than ever, ramping up production to meet the insane demand for its vehicles. To build more vehicles, Tesla needs more batteries. And to make more, it…

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