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Tag: EVs

Taxpayers gave $50 million to Thornton’s Solid Power to expand, prove out EV battery technology
State, The Colorado Sun

Taxpayers gave $50 million to Thornton’s Solid Power to expand, prove out EV battery technology

By Michael Booth | The Colorado Sun Thornton-based Solid Power has a $50 million federal grant to ramp up development of the solid-state EV batteries it considers the technology of the near-future in automobiles, putting the company closer to its goal of developing a mass production facility in the eastern U.S. or Korea.  The current EV battery market is dominated by liquid-based lithium-ion versions, and solid-state researchers believe their models are safer and offer more driving range to settle “range anxiety” fears among potential buyers. The federal grant for Solid Power, announced Friday, will allow the company to expand to a continuous manufacturing line in Colorado of the sulfide-based solid electrolytes to replace the smaller batch system currently in place.  READ TH...
Military could go all in on hybrid, EVs for combat vehicles, other uses
Military.com, National

Military could go all in on hybrid, EVs for combat vehicles, other uses

By Scott Murdock | Military.com Have you heard who's in the market for a new electric vehicle? No, I'm not talking about the public radio devotee or bleeding-edge tech-bro -- I'm talking about the U.S. military. If you're like me, this news conjures up visions of tanks, armored vehicles and futuristic gadgets fit for a science-fiction thriller. The reality (for now) isn't quite that exciting. Still, technological advancement waits for no one, least of all those who need every possible edge to survive and win in combat. U.S. government agencies have been very vocal about using alternative energy sources to protect the environment, but the Defense Department has a more specific view of electric vehicles in particular. READ THE FULL STORY AT MILITARY.COM
Study: Huge percentage of EV owners want their gas cars back
National, The Daily Signal

Study: Huge percentage of EV owners want their gas cars back

By Nick Pope | The Daily Signal Nearly half of American electric vehicle owners want to buy an internal combustion engine model the next time they buy a car, according to a new study from McKinsey and Co., a leading consulting firm. Approximately 46% of Americans who own an EV want to go back to a standard vehicle for their next purchase, citing issues like inadequate charging infrastructure and affordability, according to McKinsey’s study, which was obtained and reviewed by the Daily Caller News Foundation. The study’s findings further suggest that the Biden administration’s push for electric vehicles is struggling to land with American consumers, after 46% of respondents indicated they are unlikely or very unlikely to purchase an EV in a June poll conducted by The Asso...
As Tesla sales slump and Ford cuts back on EV workforce, Buttigieg doubles down on ‘Economically Smart Play’
Breitbart, National

As Tesla sales slump and Ford cuts back on EV workforce, Buttigieg doubles down on ‘Economically Smart Play’

By IAN HANCHETT | Breitbart On Tuesday’s broadcast of the Fox News Channel’s “America Reports,” Transportation Secretary Pete Buttigieg stated that “the automotive sector is moving towards EVs” and China pushed for an advantage in the EV market “because that’s the economically smart play” but “we can’t just sit back and let this happen on its own pace” because there’s a competition between the U.S. and China. Co-host John Roberts asked, “Tesla sales fell 8.5% the first quarter of this year, Ford, this week, is laying off two-thirds of its workforce at the F-150 electric Lightning plant, it’s also scaling back a battery production facility because of sagging sales. EV sales are nowhere near what this president wanted or expected. Yet, the administration continues to shove them down c...
Shares of Tesla, the leading EV maker, tumble after ‘unmitigated disaster’ in Q1
National, The Street

Shares of Tesla, the leading EV maker, tumble after ‘unmitigated disaster’ in Q1

By Martin Baccardax | The Street Tesla  (TSLA)  shares fell sharply Tuesday, extending their 2024 slump to around $270 billion, after the world's leading EV maker posted a much weaker-than-expected tally of first-quarter deliveries. Tesla delivered 386,810 new cars over the three months ended in March, the company said in a statement, down 8.5% from the year-earlier period and 20% south of the record 484,507 tally reached over the three months ended in December. Analysts' forecasts for deliveries ranged from 425,000 to around 470,000, with LSEG data pegging the March-quarter target at around 455,000 units. Tesla delivered 369,783 units of its Model 3 sedan and Model Y midsize SUV, as well as 17,027 units of its higher-priced Model S sedan and Model X full-si...