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Electric-Car Startup #Lucid to Follow Tesla Into Energy Storage

Electric-Car Startup Lucid to Follow Tesla Into Energy Storage Lucid Motors Inc., the electric-vehicle startup that has yet to build a production car, is following Tesla Inc.’s footsteps into the energy-storage business. The Newark, California-based company is developing home batteries — similar to Tesla’s Powerwall — and utility-scale devices, Chief Executive Officer Peter Rawlinson said … Continue reading Electric-Car Startup #Lucid to Follow Tesla Into Energy Storage

Reimagining the grid: How #PGE, #SCE and others are prepping for transportation electrification

Reimagining the grid: How PGE, SCE and others are prepping for transportation electrification Utilities are at the center of efforts to build a clean energy ecosystem, Drew Murphy, Edison International’s senior vice president of strategy and corporate development, said Monday at the Bloomberg New Energy Finance (BNEF) Summit in San Francisco. “The challenge for us … Continue reading Reimagining the grid: How #PGE, #SCE and others are prepping for transportation electrification

Electric Vehicles Could Transform Energy Storage

Electric Vehicles Could Transform Energy Storage Apart from driving a clean transportation revolution over the next three decades, electric vehicles (EVs) could help the power grid’s storage needs as growing shares of renewable energy sources—predominantly solar and wind—are being incorporated into electricity grids. Batteries from EVs could have so much more potential energy storage by … Continue reading Electric Vehicles Could Transform Energy Storage

Electric utility vehicle to lead China’s charge into European market

Electric utility vehicle to lead China’s charge into European market BEIJING — A utility vehicle is set to become the first Chinese entrant in Europe’s electric-car market, betting its competitive price will help draw customers away from the likes of Volkswagen Group and Tesla. Shanghai-based automaker Aiways has secured the required permits and certifications for … Continue reading Electric utility vehicle to lead China’s charge into European market

Electric Vehicles Are Driving Demand For Lithium

Electric Vehicles Are Driving Demand For Lithium – With Environmental Consequences s the world moves towards a low-carbon future, there is a growing range of technological advancements facilitating the transition away from fossil fuels. Transportation and energy production are two sectors that desperately need to reduce emissions, and developments in electric vehicles and battery storage … Continue reading Electric Vehicles Are Driving Demand For Lithium

Tesla just outsold Mercedes-Benz in the US for the first time

Tesla just outsold Mercedes-Benz in the US for the first time In the third quarter this year, Tesla sold 69,925 vehicles in the US. Mercedes-Benz sold 66,542. It’s taken just eight years for Elon Musk’s upstart electric-vehicle startup to topple the company that invented the car 132 years ago. And according to Atherton Research, Tesla … Continue reading Tesla just outsold Mercedes-Benz in the US for the first time

Impact of electric vehicles in oil and gas industry

Impact of electric vehicles in oil and gas industry As charging technology for electric vehicles (EVs) gradually takes reins from the internal combustion engine as the king of the road in the rapidly evolving energy landscape, oil and gas companies are acknowledging the rise of EVs, observes leading data and analytics company GlobalData Digitisation and … Continue reading Impact of electric vehicles in oil and gas industry

Vehicle-to-grid could be ‘capacity on wheels’ for electricity networks

Vehicle-to-grid could be ‘capacity on wheels’ for electricity networks “There are already many Gigawatt-hours of batteries on wheels”, which could be used to provide balance and flexibility to electrical grids, if the “ultimate potential” of vehicle-to-grid (V2G) technology could be harnessed. That’s according to a panel of experts and stakeholders convened by our sister site … Continue reading Vehicle-to-grid could be ‘capacity on wheels’ for electricity networks

Second-life EV battery market to grow to $4.2 billion by 2025

Second-life EV battery market to grow to $4.2 billion by 2025 Circular Energy Storage, a London-based research and consulting group, reports a strong business case for reconstituted electric vehicle batteries for energy storage applications. As the EV and static storage system markets grow rapidly, synergies could be a useful tool for continued cost optimization. According … Continue reading Second-life EV battery market to grow to $4.2 billion by 2025