Automakers Hit the Brakes on Electric Vehicle Investments

Automakers Hit the Brakes on Electric Vehicle Investments

Metal Miner MetalMiner is the largest metals-related media site in the US according to third party ranking sites. With a preemptive global perspective on the issues, trends,… More Info Premium Content By Metal Miner – Jul 13, 2024, 12:00 PM CDT Automakers are reevaluating their electric vehicle investment plans due to slowing market growth and supply chain disruptions. China’s export restrictions on rare earths, crucial for semiconductor manufacturing, pose additional challenges to...
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Honda And Sony Set To Deliver First Electric Vehicle In 2026

Honda And Sony Set To Deliver First Electric Vehicle In 2026

Japanese giants Honda and Sony have revealed more details about their jointly developed electric vehicles. Honda will launch a new 0 Series lineup that will comprise seven new EV models by 2031. Meanwhile, Sony and Honda’s joint venture, Afeela, is gearing up to unveil its first EV, a sleek sedan, in 2026. The 0 Series and Afeela EVs will share the same underlying platform. Sharing platforms isn’t just about saving money; it’s about accelerating development. By pooling resources and exper...
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Tender awarded for site in Sha Tin for electric vehicle charging station

Tender awarded for site in Sha Tin for electric vehicle charging station ************************************************************************      The Lands Department announced today (July 9) that the tender for a site, Sha Tin Town Lot No. 646 at Shan Mei Street, Fo Tan, Sha Tin, New Territories, has been awarded to the highest tenderer, Sinopec (Hong Kong) Petrol Filling Station Company Limited, on a 12-year land grant at a premium of $20,883,000. The site has an area of about 370 sq...
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In an electric vehicle, what is regenerative braking? | Explained

In an electric vehicle, what is regenerative braking? | Explained

The impulse to be sustainable — driven by the incessant pressure to lower our emissions — often manifests as lowering consumption and increasing reuse alongside reforms like tweaking consumer behaviour. Electric vehicles are the site of many of these changes, aided by state-led incentives and subsidies. Regenerative braking is an important mechanism in these vehicles that increases their energy use efficiency. What is braking? Braking is the mechanism by which an automotive vehicle in motion...
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Wireless Electric Vehicle Charging Market Future Scope, Demands and Projected Industry Growths by 2030

Wireless Electric Vehicle Charging Market Future Scope, Demands and Projected Industry Growths by 2030

The Wireless Electric Vehicle Charging Market report encompasses a gamut of drivers and inhibitors of the market that are analyzed using both quantitative as well as qualitative approach to provide precise insights and information to users and readers alike about the industry. The statistical data offered in this market research report is symbolized using graphs that make the understanding of figures and facts easier. The report sheds light on the commerce strategies for all size businesses- sma...
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Americans Aren’t Buying EVs: Electric Vehicle Adoption Continues to Stall Out

Americans Aren’t Buying EVs: Electric Vehicle Adoption Continues to Stall Out

Ivan Radic/Flickr The electric vehicle revolution is encountering significant hurdles as consumers grapple with high costs, infrastructure challenges, and geopolitical tensions, potentially slowing the transition from traditional gas-powered cars, according to a report by Fast Company. Fast Company reports the automotive industry has undergone a significant transformation with the push towards electric vehicles in recent years. However, the road to widespread EV adoption is proving to be bumpy,...
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VMAC introduces new high-voltage electric vehicle (HVEV) business

VMAC introduces new high-voltage electric vehicle (HVEV) business

VMAC announced its new High-Voltage Electric Vehicle (HVEV) air brake business during a VIP event at its facility in Nanaimo, B.C. The launch celebration on June 27 featured a tour of VMAC’s 44,000-square-foot manufacturing facility and was attended by industry leaders and local, provincial, and federal government officials. “VMAC’s new venture is helping the world transition to a zero-emission future with commercial electric vehicle air brake compressors for electric and zero-...
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Flower farm could supply nickel for electric vehicle batteries

Flower farm could supply nickel for electric vehicle batteries

Environment A start-up in Albania, co-founded by a mining industry mogul, backed by a mining industry billionaire, is farming plants to harvest carbon-neutral nickel from the soil while simultaneously removing carbon dioxide from the atmosphere By James Dinneen Facebook / Meta Twitter / X icon WhatsApp Linkedin Reddit Email The start-up Metalplant harvests nickel-accumulating flowers Courtesy of MetalPlant On a recent afternoon in northern Albania, workers gathered armfuls of freshly cut shrubs...
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Europe is slapping tariffs on Chinese electric vehicles – for now. Here’s what to know

Europe is slapping tariffs on Chinese electric vehicles – for now. Here’s what to know

The European Union is imposing sharply higher customs duties on electric vehicles imported from China. EVs are the latest flash point in a broader trade dispute over Chinese government subsidies and Beijing’s burgeoning exports of green technology to the 27-nation bloc. The higher duties go into effect on Friday, pending a final decision in four month’s time. Here are some basic facts about the EU’s planned customs duties: What did the European Union do? After an eight-month in...
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Chinese firms eye Morocco as way to cash in on US electric vehicle subsidies

Chinese firms eye Morocco as way to cash in on US electric vehicle subsidies

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US After the United States passed new subsidies designed to boost domestic electric vehicle production and cut into Beijing’s supply chain dominance, Chinese manufacturers began investing in an unlikely place: Morocco. In the rolling hills near Tangiers and in industrial parks near the Atlantic Ocean, they have announced plans for new factories to...
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