Posts tagged with "electric cars"

2021 Polestar 2 Illustration by Kaelen Felix for 360 Magazine

WATT ELECTRIC VEHICLE COMPANY

WATT ELECTRIC VEHICLE COMPANY’S PACES PLATFORM TO SPRINGBOARD UK PRODUCTION OF NEXT-GEN ELECTRIC COMMERCIAL VEHICLES   

Manufacture of up to 5,000 new commercial EVs per annum scheduled for 2023 in the Midlands; first prototype to be revealed Q1 2022 

Watt Electric Vehicle Company (WEVC) announces a major milestone in the continued strategic growth of its unique EV offering, outlining plans to build up to 5,000 new electric commercial vehicles per annum under its own brand and on behalf of third-party manufacturers at an all-new facility in the Midlands, all of which will be based on its new state-of-the-art EV platform.

Passenger And Commercial EV Skateboard (PACES), the innovative and highly flexible architecture allows the niche vehicle industry to meet the considerable challenges of transitioning to an electric future by providing a sophisticated, yet cost-effective EV platform “off-the-shelf.”

Highly customizable for different body styles, sizes and configurations, PACES can support any low-to-medium volume manufacturer, specialist vehicle converter or start-up, and complies with ISO regulations and European Small Series Type Approval safety standards. Its cell-to-chassis system means batteries are fitted directly to the primary structure (rather than having a separate pack), optimizing stiffness and minimizing weight.

Fully supported by a leading UK-based EV technology supply chain, WEVC has undergone a comprehensive development process with PACES over the last two years and is market-ready. Capable of providing the basis for a whole new range of bespoke electric last mile, vans, trucks, and buses – in fact, any type of commercial vehicle – production manufacturing of PACES-based all-new EV commercial vehicles by WEVC is scheduled to start in the Midlands in Q3 2023.

Watt EV Company will reveal a first prototype electric commercial vehicle, based on PACES, by end of Q1 2022, a project that is supported by Innovate UK through its Transitioning To Zero Emission Vehicles Collaborative Research and Development competition.

Neil Yates, founder, and owner of Watt Electric Vehicle Company, said, “Our PACES architecture and manufacturing processes are flexible and scale-able, a first “off-the-shelf” product specifically targeted for the low-to-medium volume industry capable of supporting any type of EV, with a cell-to-chassis structural battery system that optimizes chassis stiffness and minimizes vehicle weight.

“With ever-increasing pressure on urban emissions, coupled with the growth in home delivery, we have been approached by multiple commercial vehicle manufacturers and fleet operators, who are in desperate need of developing the next generation of electric vans, trucks, and buses.

“As electrification of the sector only accelerates, what these companies need is a ready-to-go, sophisticated yet cost-effective EV platform on which to build their vehicles – that is Watt Electric Vehicle Company’s PACES architecture.

“Thanks to the support of Innovate UK grant funding, we will reveal our first prototype electric commercial vehicle, based on PACES, by end of Q1 2022. Production of a new range of PACES-based electric commercials by WEVC is then scheduled to begin in our new Midlands facility in Q3 2023. Through this facility, we will have the capacity to build 2,500-5,000 units a year.”

WEVC is also a manufacturer of premium sports EVs, producing its own Porsche 356-inspired Coupe from its bespoke facility in St Columb Major/near to Newquay Airport. The first production car to use PACES, the Coupe is a sub-1,000kg rear wheel drive fixed-head sports car that combines retro looks with state-of-the-art EV technology, featuring a 40kWh battery structurally integrated into the chassis.

Riding, handling, and steering have been honed for driver engagement and real-world enjoyment, while the weight distribution is near 50:50 weight with a mid-mounted 120kW electric motor. WEVC has already completed more than 12-months of testing and development, with a WTLP range of up to 230 miles and a 0-62mph time of just over five seconds. 21 Launch Edition Coupes available to order now priced from £81,250; customer deliveries commence early 2022.

Yates added, “We have been overwhelmed by the response to our launch of the WEVC Coupe with very few Limited-Edition cars remaining available. Alongside the production of this new EV at our existing factory, WEVC will also establish another facility in Cornwall in 2023, an all-new facility that will focus on the low-volume manufacturing of sports cars and passenger EVs, at volumes of around 150 units per year. Together with manufacturing in the Midlands of electric commercial vehicles, my vision is for Watt Electric Vehicle Company to lead the production of tomorrow’s low volume electric vehicles.”

illustration bv Samantha Miduri for use by 360 Magazine

GKN Automotive Advances Development of eDrive Technologies

GKN Automotive, the global leader in drive systems, is accelerating its development of next-generation eDrive technologies in response to the rapidly increasing global demand for electrified vehicles.

These future systems, utilizing and harnessing state-of-the-art 800V technologies, are already at advanced stages of development and being tested in real-world conditions. GKN Automotive’s global experts are now working with the world’s leading automotive manufacturers to make these advanced eDrive systems a production reality.

Future eDrive technologies, using 800V technology, promise many benefits for EV owners including faster charging times and superior performance. The greater systems efficiencies they bring will also lead to an increased driving range – currently a key obstacle for consumers wanting to make the switch to a battery-electric car. Efficiencies could also lead to car makers opting to use smaller batteries, reducing vehicle cost, complexity, and weight. 

Liam Butterworth, CEO GKN Automotive “Global demand for EVs is accelerating fast, and now is the perfect time for GKN Automotive to underpin its leadership in eDrive systems through next-generation technologies.

“These high-tech 800V systems will create faster charging cars with better battery range, improved driving performance, and even greater efficiencies. GKN Automotive intends to continue delivering an increasingly electrified future”

GKN Automotive’s rapid development of next-generation eDrive systems is being enhanced through working in Formula E as a partner to Jaguar Racing. Constant testing to improve efficiency, performance and extending the range of batteries in the ultra-competitive world of electric motorsport creates a direct link from race to road. Cutting-edge developments currently being developed for Jaguar Racing will likely be available on near-future road cars in just three years.

By Mina Tocalini for 360 MAGAZINE

IDTechEx Shares Unexpected Trends in Electric Vehicle Data

Unexpected Trends from IDTechEx’s EV Data & Tools Portfolio

2021 is cementing the electric car’s dominant position in the future of the auto industry as OEMs have increased electrification targets, announced more battery-electric models, and planned new technology adoption strategies. To properly understand these trends, granular, high-quality data is essential. IDTechEx’s portfolio of electric cars and powertrain materials research is driven by data, and includes two new spreadsheet-based products: Electric Car Sales, Models & Technologies Database and Scenario Forecasting: Materials for Battery Cells and Packs. Both underpin two IDTechEx research reports Advanced Electric Cars 2020-2040 and Materials for Electric Vehicle Battery Cells and Packs 2021-2031, and form part of a wider portfolio which can be found at IDTechEx’s website.

IDTechEx’s New Electric Vehicle Model Database

IDTechEx’s extensive Electric Car Sales, Models & Technologies Database is spreadsheet-based and covers unit sales for popular BEV and PHEV cars in China, Europe, and the US between 2015–2020 (containing data on 145 distinct models plus variants). Alongside sales data, IDTechEx also reveals battery capacity, cell format, battery supplier, cell chemistry, cell and pack energy density, thermal management method, motor technology and power output. The granular nature of the data, split by model, enables technology trends to be analyzed in detail in addition to an industry-level overview.

Considering battery chemistry, it is well known that manufacturers have been trending towards higher nickel content cathodes such as the 811 variant of nickel manganese cobalt oxide (NMC). Perhaps less expected is the significant resurgence in lithium-iron-phosphate, or ‘LFP’, batteries. The lower energy density of LFP batteries saw them fall out of favor with Chinese policymakers and rapidly lose market share up to 2019, but in the past year, BYD announced the Blade with LFP prismatic cells and Tesla introduced the Chinese manufactured Model 3 with LFP. The trade-off comes down to price, raw materials, safety, and supply-chain dynamics with regional specificities.

Moreover, the Electric Car Sales, Models & Technologies Database also looks at electric traction motor trends. Many have voiced concerns around the supply of rare earths for the magnetic materials used in most electric car traction motors. However, China controls the majority of the world’s rare earth supply chain, creating risk and potential price volatility. The database reveals the quiet adoption of non-permanent magnet-based variants – induction motors and separately excited wound-rotor motors – which are still being introduced in new models and may become essential technologies if permanent magnet prices spike.

This database underpins IDTechEx’s research on Advanced Electric Cars, which is further summarized in a report covering regional detail, powertrain technologies, and autonomous vehicles.

Example charts obtainable through the IDTechEx Electric Car Sales, Models & Technologies Database

Materials for Electric Car Battery Cells & Packs

Lithium-ion batteries in electric vehicles present very different material demands at the cell- and pack-level compared with the internal combustion engine (ICE) vehicles they replace. Whilst ICE drivetrains heavily rely on aluminum and steel alloys, Li-ion batteries also utilize many other materials such as nickel, cobalt, lithium, copper, insulation, thermal interface materials, and much more at a cell- and pack level. The IDTechEx report on Materials for Electric Vehicle Battery Cells and Packs 2021-2031 identifies and analyzes trends in the design of EV battery cells and battery packs in order to evaluate the materials used for their assembly and production. The report also provides granular market forecasts for over 20 key material categories in terms of demand in tonnes in addition to market value.

To complement this research, IDTechEx’s new Scenario Forecasting Spreadsheet: Materials for Electric Vehicle Battery Cells and Packs provides quantitative forecasts and assumptions in greater depth, and allows EV forecasts to be customized based on different scenarios. This is a spreadsheet-based tool that lists IDTechEx’s assumptions for several material intensities at a cell- and pack-level for BEV and PHEV batteries in the car market. It also provides a forecast for the multi-metal and other materials demand in tonnes from 2021-2031. In addition to these forecasts, this tool allows you to use your own forecasts for BEV and PHEV unit sales and battery capacities to see how these variables impact demand over the next 10 years. A scenarios tool is also included which allows for several sales forecasts to be compared simultaneously for individual materials.

Examples for the material demand for battery cells and packs segmented by material. Source: Scenario Forecasting Spreadsheet: Materials for Electric Vehicle Battery Cells and Packs

IDTechEx Electric Vehicle Research

For more information on the portfolio of data available on this topic, please visit their website. This research forms part of the broader electric vehicle and energy storage portfolio from IDTechEx, who track the adoption of electric vehicles, battery trends, and demand across land, sea and air, helping you navigate whatever may be ahead. Find out more at their website

About IDTechEx

IDTechEx guides your strategic business decisions through its Research, Subscription and Consultancy products, helping you profit from emerging technologies. For more information, visit IDTechEx’s website.

Art by Nicole of 360 for use by 360 Magazine

Electric Car Popularity In Europe

15 European Countries Had Highest Share of EVs in New Car Sales in 2020; Norway Highest – 75% Share

European nations are leading the way in new Electric Vehicle (EV) sales despite the emergence of Mainland China as the biggest market for EVs. According to data presented by Trading Platforms, 15 European countries had the highest share of plug-in EVs in new passenger car sales in 2020 – Norway had the highest at 75%

Norway A Positive Outlier In New EV Sales

Electric Vehicles have become more popular in recent times, accounting for 4.2% of the world’s total light-vehicle sales in 2020 compared to just 2.5% in 2019. Only eight countries achieved an EV share of 5% or higher in 2019, but in 2020 13 countries were able to cross the 10% mark of new light-vehicle sales.

Norway leads all nations by a wide margin with an incredible 74.8% plug-in EV share of new passenger car sales in 2020. Iceland was a distant second at 45% making them the only other country to have an EV share that accounted for more than a third of its total new light-vehicle sales in 2020.

Europe Leading The Way In New EV Sales

The top 15 countries with the highest EV share of new light-vehicle sales in 2020 were all European. China is the first country outside of Europe to feature on the rankings with 6.2%, for the 16th highest share in the world, despite being the largest market for EVs in terms of unit sales. Notably, the USA is well below the top nations at just 2.3%

Rex Pascual, Editor at Trading Platforms , commented on the rise of Europe’’s EV market;

“EV had a strong 2020 despite the economic downturn caused by the pandemic. Many rich European nations effectively use policies such as tax exemptions and subsidies to encourage the purchase of EVs, making the continent a robust emerging market in the ever going EV industry.”

You can read more about the story with more statistics and information here 

Polestar 2 illustration by Kaelen Felix for 360 MAGAZINE

The Best Cars for Technology

There are some people that view cars simply as a mode of transport. Then there are other people who love their car and want to have all of the latest features to enjoy. In particular, a lot of those people want the newest and best technology so that their travels can be easy and fun. The tech can be a deal breaker when you are searching for a new pride and joy. If you are someone that loves technology, here are the best cars you can look at for leasing or purchase.

Audi A8

If you are looking for a luxury sedan that is going to offer you speed, comfort and the latest tech, we recommend the Audi A8. This German automaker never lets you down and it comes with a host of cool features that make driving easy. This includes automated driving features that help with parking, garages and traffic jams. You can still get to your destination on time but with less effort. There is a touch infotainment system for road trips and there is a high-quality satnav to get you there.

BMW 5 Series

BMW is one of the most popular car makes in the world. This means that they do not disappoint when it comes to the latest technology. In particular, they know how to do in-car entertainment. The BMW 5 Series, as well as many other models, now have an advanced infotainment system that allows driver and passengers to enjoy Wi-Fi and even a web browser from inside the vehicle. So, on your car’s display, you can surf Facebook and message your friends and if you enjoy the occasional sports bet, place the odd wager on Unibet Pennsylvania during your travels.

Tesla Model 3

If there is one vehicle that has been gaining a lot of attention recently it is the Tesla Model 3. Of course, this is the latest electric car that everybody wants. But it is also packed with some amazing technology that you will not find anywhere else. We are talking about a 15-inch landscape touchscreen, which is unusual for inside a car. You can do everything from navigate to your next location to play games. There is also Wi-Fi for your passengers to enjoy. We cannot talk about the Tesla Model 3 without mentioning the autopilot modes. This makes driving a lot easier and you can take your hands off the wheel

Kia Ceed

The Kia Ceed is a reminder that you do not always have to spend a fortune to buy a high-tech car. This is one of the most affordable vehicles on our list but it still has some fantastic technology features that you are going to love and use every day. For example, enjoy smart cruise control, as well as blind spot collision warning. Parking is also made easy thanks to the smart assistance features. When it comes to in-car entertainment, you are covered thanks to the touch screen. There is even a wireless smartphone charger that is going to make sure you have juice when you arrive at your destination

360 MAGAZINE, car battery

IDTechEx Explores NiMH Batteries

When we talk about battery-electric vehicles, the lithium-ion battery is dominant; however, for full hybrid electric vehicles (those that have electric-only modes but do not plug-in), NiMH batteries are still the most common battery on the road. With the growing market for hybrid electric vehicles (HEVs), will this drive further demand for NiMH batteries and stop them from being eliminated from the automotive market?

The new report from IDTechEx on “Full Hybrid Electric Vehicle Markets 2021-2041” covers this topic along with the key players and geographical markets for HEVs. Battery and motor-generator technology is analyzed for HEV cars, buses, and trucks, giving forecasts for Li-ion and NiMH battery demand over the next 20 years.

Toyota is the ruling OEM in the global HEV car market, with over 60% market share in 2019. Other manufacturers have started to eat into this share over the years, but Toyota still reigns supreme. While the other OEMs have mostly transitioned towards Li-ion batteries for their HEVs, Toyota remains committed to NiMH batteries and HEVs for the foreseeable future, with the majority of their line-up now using either NiMH or Li-ion depending on the specifications. For the relatively small batteries that are used in HEVs, the NiMH is still sufficient to meet requirements. It is also much more technologically mature and is less costly than Li-ion.

In 2020, NiMH batteries were still the dominant form installed in HEVs, largely due to Toyota. As Li-ion costs continue to fall and HEV battery capacity increases, NiMH are unlikely to remain competitive but will still see an increase in short term demand. Source: IDTechEx report: “Full Hybrid Electric Vehicle Markets 2021-2041“.

Sales of HEVs have continued to grow throughout the COVID-19 pandemic despite the downturn of the overall car market. This, combined with Toyota’s dominance and NiMH portfolio, provides a good market for NiMH batteries, at least in the short term. Li-ion technology is still evolving and reducing in price; at a certain point, it may no longer be cost-effective to continue using NiMH. Additionally, fossil fuel bans are incoming, with countries like the UK banning purely internal combustion engine (ICE) vehicles by 2030 and only allowing hybrids “that can drive a significant distance with zero emissions”. HEV manufacturers will likely increase the battery capacity in order to give more electric-only range, making the Li-ion option more appealing. Even with this stay of execution for HEVs, banning vehicles with ICEs of any sort is likely to follow shortly after. This will eliminate the HEV in many markets and hence the demand for NiMH.

IDTechEx recently published the report “Full Hybrid Electric Vehicle Markets 2021-2041“. This report gives an in-depth look at the historic HEV market in China, Europe, Japan, South Korea, and the US, with an outlook over the next 20 years. An extensive model database of over 80 HEVs sold between 2015 and 2019 is used to determine the market’s battery and motor-generator technology in addition to geographical markets and manufacturer market shares. The total cost of ownership calculations is compared with ICE and 48V hybrids, as well as how HEVs can help manufacturers meet new European emissions targets. For more information on this report please visit www.IDTechEx.com/HEV.

This report forms part of the broader electric vehicle and energy storage research from IDTechEx, which tracks the adoption of electric vehicles, battery trends and demand across more than 100 different mobility sectors. This is summarized in a master report: www.IDTechEx.com/EV, or for a further in-depth analysis, please see the full portfolio of electric vehicle research available from IDTechEx: www.IDTechEx.com/research/EV.

IDTechEx guides your strategic business decisions through its Research, Subscription and Consultancy products, helping you profit from emerging technologies. For more information, contact research@IDTechEx.com or visit www.IDTechEx.com.

Polestar 2 illustration by Kaelen Felix for 360 MAGAZINE

2021 Polestar 2

Polestar Cars has just announced the formal pricing of the Swedish brand’s first pure electric car, the 2021 Polestar 2. The electric performance fastback has an MSRP of $59,900 in the United States.

The MSRP of the Polestar 2 is below state incentive thresholds in critical markets such as California and New York. Additionally, this price enables state rebates of approximately $2,000 in certain states*, for total tax incentives of up to $9,500 when combined with the federal electric vehicle tax credit.**

“We are quite enthusiastic to announce the U.S. pricing for the Polestar 2,” said Gregor Hembrough, Head of Polestar USA. “The MSRP is lower than we originally targeted, and will be extended to all of our current reservation holders.”

“With an online purchase option, lower pricing, considerable tax incentives, and production already underway, the Polestar 2 is well-positioned for a successful entry into the U.S. market,” continued Hembrough. 

Polestar also announced option pricing for the Polestar 2 depending on which add ons someone hopes to add to the car. The performance pack comes in at $5,000 and the Nappa Leather Interior is priced at $4,000. The stunning 20-inch Alloy Wheels and the Metallic Paint Colors both come in at $1,200.

This vehicle is priced in the same range as the 2021 Tesla models that have been released. The 2021 Tesla Model Y is starting at $49,990 and the 2021 Tesla Model S is priced beginning at $69,420. The current average price for an electric car is around $55,600, so the Polestar 2 falls right on par with this average. 

The Polestar 2 arrives with 408 hp and 487 lb.-ft. of torque, very powerful for an electric car. The vehicle also features all-wheel drive and a 78 kWh battery pack, which enables considerable EV range. The car has an MPGe of 96 in the city and 88 on the highway.

The Polestar 2 is also the first car in the world to feature a built-in infotainment system powered by Android, featuring voice command via the Google Assistant, Google Maps with EV charging support and app downloads via the Google Play Store. The car features innovative technology throughout. The interior of the hatchback is modern yet minimal creating an opulent feel for passengers.  

The Polestar 2, which began production in late March, has already begun delivery to U.S. reservation holders in summer 2020. With a digital retail model, the Polestar 2 is available to purchase on Polestar.com.

In order to replace car dealerships, the brand will soon open physical retail showrooms—Polestar Spaces—where non-commissioned Polestar Specialists will be able to assist customers with product information and test drives. Polestar Spaces are designed specifically to allow people to explore the cars without the pressure of committing to a purchase. The first of these locations have opened in California and New York as of late summer 2020, and the next additional locations are currently set to open in Denver and Austin. 

The Polestar 2 is available for sale in all 50 states and Polestar will announce lease and retail finance options for the vehicle in the near future.

In the pursuit of accelerating sustainable mobility, Polestar, the electric performance car brand, today released a multi-episode video series featuring Golden Globe winner Oscar Isaac. A champion for climate justice, Isaac delves deeper into Polestar innovations which aim to improve today’s society, and that of the future.

In partnership with The Wall Street Journal, “Making aNew” is a five-part mini docuseries which seeks the truths behind Polestar’s ethos and advancements in sustainability, electrification and performance. The video series is available to view today at www.polestar.com/us/making-anew.

“As the automotive world moves to electrification, important terms such as sustainability and clean energy are becoming generic slogans with diminished meaning,” said Oscar Isaac. “After learning about the company, I feel better about driving a Polestar because the brand is transparent about how its cars are produced, accountable for its impact on the planet and taking action to truly offset the footprint of its vehicles.”

Since the launch of the brand in 2017, Polestar has become synonymous with the development of new technologies, harnessing refined performance and incorporating unconventional materials in the development of its vehicles.

More recently, the brand began publishing detailed climate impact reports of its electric vehicles as they leave the production line, aiming to be the most transparent company in the automotive industry. As a proof point of this pledge, Polestar has published a full lifecycle analysis of the Polestar 2 Electric Fastback, and will release its first annual sustainability report in March of this year.

“We are determined to be the guiding star for our industry, accelerating the shift to more sustainable mobility. Innovation, clean energy, circular materials and transparency are areas of particular focus. A great example of this is the use of blockchain to improve the accountability of our cobalt supply chain,” said Fredrika Klarén, Head of Sustainability at Polestar. “Collaborating with visible activists like Oscar, who are as passionate about carbon-neutrality as we are, will help raise awareness and understanding, paving the path for a more sustainable future.”

About Polestar

 

Polestar is the independent Swedish premium electric performance car brand founded by Volvo Cars and Geely Holding. Established in 2017, Polestar enjoys specific technological and engineering synergies with Volvo Cars and benefits from significant economies of scale as a result. The company is headquartered in Gothenburg, Sweden, and retails its vehicles in ten global markets across Europe and North America, and in China.

Polestar produces two electric performance cars. Polestar 1 is a low-volume electric performance hybrid GT with a carbon fiber body, 609 hp, 738 ft.-lb. and an electric-only range of 60 miles – the longest of any hybrid car in the world. The Polestar 2 electric performance fastback is the company’s first fully electric, high volume car. Polestar 2 launched in 2020 with an all-wheel-drive electric powertrain that produces 408 hp and 487 ft.-lb., with a maximum range of 233 miles EPA (292 miles WLTP).

In the future, the Polestar 3 electric performance SUV will join the portfolio, as well as the Precept – a design study vehicle released in 2020 that is slated for future production. Precept showcases the brand’s future vision in terms of sustainability, digital technology and design.

2021 Polestar 2 Image 3
2021 Polestar 2 Image 2
2021 Polestar 2 Image 1

*All tax information is current as of April 15, 2020. Government incentives are for informational purposes only and subject to change without notice, nor are within Polestar’s control. Incentive programs are offered and administered by government agencies. Eligibility and availability vary. Visit your state program’s website for the most up-to-date information on availability and redemption requirements. Your eligibility for income tax credits depends on your personal tax situation. Polestar encourages consulting with your tax advisor for details.

 

**The IRS offers a Qualified Plug-In Electric Drive Motor Vehicle Tax Credit of up to $7,500 on the purchase of qualifying vehicles. This is not tax advice. Consult your own tax advisor for details.

Benefits of Electric Vehicles

Electric vehicles are evolutionary, not revolutionary, says Baker Institute expert

Tesla will disrupt the automotive industry only if it is able to achieve scale, according to a new issue brief by an expert in the Center for Energy Studies at Rice University’s Baker Institute for Public Policy.

“Ford vs. Tesla: What Does a Transformational Automobile Scale-up Look Like?” is authored by Gabriel Collins, the Baker Botts Fellow in Energy and Environmental Regulatory Affairs at the Baker Institute.

Ford and Tesla both earned their reputations through what Collins describes as a “revolutionary vehicle type” — the Model T and Model S-X-3 suite, respectively — and as market makers. Comparing their sales growth trajectories, Collins hypothesizes, can offer insights on how electric vehicle (EV) sales are scaling up as well as how EVs can reshape automobile and oil markets.

The modern world, saturated with automobiles, provides a different battle for Tesla than Ford faced. For Tesla, scalability is essential and “holds the keys to lasting structural change in the energy and transportation spaces,” Collins wrote. Without scale, he says, Tesla cannot compete with the legacy brands that have built off of Ford’s vision for decades. Scale would allow EVs to create the operational infrastructure that can support pure-battery EVs and become more affordable, Collins says.

So can EVs reach market-transforming scale within the next decade?

“Possibly,” Collins wrote. “One overwhelming reality leaps forth from the past decade of data and anecdotal evidence alike: at the global level, EVs have thus far been evolutionary, not revolutionary, factors in the transportation sector.

“Tesla has been ‘evolutionary’ in that the changes they have introduced to the car market to date are thus far incremental …” Collins writes. “A ‘revolutionary’ change, such as the introduction of the Model T, would cause palpable shifts on even a short-term basis. … EVs are not yet impacting the market with sufficient mass to trigger that compounding, deep, high-velocity change necessary for a revolution.”

Collins conducts a range of globally focused commodity market, energy, water and environmental research. He focuses on legal, environmental and economic issues relating to water — including the food-water-energy nexus — as well as unconventional oil and gas development, and the intersection between global commodity markets and a range of environmental, legal and national security issues.

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Founded in 1993, Rice University’s Baker Institute ranks as the No. 2 university-affiliated think tank in the world. As a premier nonpartisan think tank, the institute conducts research on domestic and foreign policy issues with the goal of bridging the gap between the theory and practice of public policy. The institute’s strong track record of achievement reflects the work of its endowed fellows, Rice University faculty scholars and staff, coupled with its outreach to the Rice student body through fellow-taught classes — including a public policy course — and student leadership and internship programs. Learn more about the institute at www.bakerinstitute.org or on the institute’s blog.

Located on a 300-acre forested campus in Houston, Rice University is consistently ranked among the nation’s top 20 universities by U.S. News & World Report. Rice has highly respected schools of Architecture, Business, Continuing Studies, Engineering, Humanities, Music, Natural Sciences and Social Sciences and is home to the Baker Institute for Public Policy. With 3,962 undergraduates and 3,027 graduate students, Rice’s undergraduate student-to-faculty ratio is just under 6-to-1. Its residential college system builds close-knit communities and lifelong friendships, just one reason why Rice is ranked No. 1 for lots of race/class interaction and No. 4 for quality of life by the Princeton Review. Rice is also rated as a best value among private universities by Kiplinger’s Personal Finance.

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How to Save Money with Electric Cars

Last year, over 200,000 electrically powered vehicles were purchased in the United States of America, and most consumers give one simple explanation for making the switch from gasoline powered cars; money.

Though electric cars can have a slightly higher sticker price than their internal combustion engine counterparts, they can offer drivers huge savings on fuel costs and maintenance. As vehicle charging stations have become more numerous, and home vehicle charging options have gotten better than simply sticking a plug in an outlet, electric vehicles have become more and more popular with consumers.

Here we are going to look at some of the ways that drivers are saving money by using electric cars, and how you can join in and start saving yourself some money too.

At a Cost-Per-Mile, Gas-Guzzlers Cannot Compete

The biggest saving that drivers of an electric car make is on the cost of fuel per mile. Even the most frugal internal combustion engines cannot begin to compete with fuel efficient electric vehicles.

Some electric car manufacturers offer free charging for their vehicles at selected charging stations, so gas powered cars have no chance to match those savings, but even electric vehicles that are charged at home or at charging stations that require payment offer drastically lower fuel costs. For electric vehicles, the cost per mile is often measured in cents, not dollars.

Less Maintenance, Fewer Trips to the Mechanic

Another area that driving an electric car can save you money over a regular gas-guzzler is in the cost of regular maintenance and trips to your mechanic.

The internal combustion engine is incredibly complex with hundreds of moving parts that require adequate lubrication, and the fuels and oils it uses need topping up and fresh filters. The drivetrain that powers electric vehicles couldn’t be more different, with most electric motors only having one moving part. This drastically reduces maintenance costs, and the possibility that one small part will fail on your car and keep you stuck indoors while a mechanic fixes your engine. 

You Can Generate Your Own Electricity at Home

Imagine if you owned an oilfield. You would be much less concerned about the cost of fuel if you could just fill up your own car from your own supply of gasoline.

Many owners of electric cars are doing something similar to this by generating and storing their own electricity at home with solar or wind power and home battery packs. This electricity is essentially free, after the cost of the equipment, saving owners of electric cars even more money. 

Some electricity suppliers will even offer their customers discounted electricity rates when it is used to recharge electric vehicles, saving them even more money.

The price of gasoline is constantly increasing, as well as the cost to the environment that gas-guzzling, carbon-emitting cars produce. When you take a look at all the savings that driving an electric car has to offer, as well as the environmental benefits, it is easy to see why hundreds of thousands of American drivers are now making the switch to electric vehicles.

Can air extend an EV’s range?

The energy efficiency of electric vehicles (EVs) can be improved by 3 to 7% with proper tire inflation, according to a recent ExxonMobil study.

The first-of-its-kind study followed three identical EVs, each with different tire air-loss rates, as they each traveled 5,400 miles crisscrossing all sorts of environments in the United States, including city streets, small towns and rural roads, for six months.

The results showed that properly inflated tires enhanced EV energy efficiency by as much as 7% to extend vehicle battery range.

What if there were a way to increase an electric vehicle’s (EV’s) energy efficiency by 3 to 7 percent? A recent ExxonMobil study has revealed that proper tire inflation can do just that.

Back in 2018, the company embarked on a first-of-its-kind study that tracked EVs to understand the impact tire inflation pressure has on vehicle range. As the inventor of halobutyl rubber, the technological wonder that helps keep tires properly inflated, ExxonMobil wanted to take a hard look at the challenges EVs encounter.

The study followed three identical EVs, each with different air-loss rates. Each car traveled 5,400 miles, crisscrossing all sort of environments, including city streets and remote roads, for six months.

The results? In a nutshell, choose a tire that will stay better inflated over time. It will not only extend the life of the tire, but also the overall energy efficiency.

Learn more about our study in this video