In Australia, electric vehicles — including airplanes — are growing rapidly. It’s time to prepare technologically and infrastructurally.
Electric vehicles will be cost-competitive with combustion-engine cars by 2022, according to a new report by transportation analysts at Bloomberg New Energy Finance (BNEF). The trend is due to the plunging price of EV batteries. Batteries made up 57 percent…
The US Energy Information Administration dropped some troubling new data this week: US energy consumption hit a record high in 2018 in large part due to the growing use of fossil fuels. Fossil fuels provided 80 percent of total energy…
The Levelized Cost of Electricity of lithium-ion batteries and offshore wind have plummeted in the last year, according to new figures from research company Bloomberg New Energy Finance.
BNEF says electric buses avoid the use of three times more fossil fuels than electric cars, especially in China where the number of electric buses is exploding.
A perfect storm is brewing above the automotive industry. Three hardly grasped phenomena are working together. Just like a real storm, when the conditions align in the best/worst way, we get a devastating superstorm. These phenomena (or events) are the Osborne effect of delayed demand, the technology (cost) curve of battery prices and other technology, and the S-curve that describes market acceptance of new technologies
China is charging full speed ahead into electric vehicles, on track to sell over 2 million EVs this year, from 1.1 million in 2018. The rapid growth has been driven partly by policy, but increasingly by consumer demand. A rising proportion of Chinese consumers simply prefer electric vehicles to traditional combustion vehicles, viewing them as a new and superior technology, and better value. With EVs continuously improving and getting more affordable, there’s a clear path to EVs taking 50% of market share in China by