Keyword: evs
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Since 2017, hospitalizations due to e-bike injuries have risen 43-fold, ... Over 45,000 Americans were injured as a result of e-bike injuries between 2017 and 2022, indicating a 30-fold rise in the number of injuries caused by the popular mode of transportation. Nearly one in 10 of those injuries required hospitalization. ... 2022, e-bikes accounted for 4 percent of the bike market in the United States, up from 0.06 percent in 2015. ... between 2017 and 2022, the number of injuries rose from 751 to 23,493—over a 108 percent annual increase. Men were those most often injured, receiving between 69...
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Raimondo responded, “Probably, yes. I share the concern. By the way, I have national security concerns about electric vehicles. An electric vehicle has sensors and semiconductors. They know who’s driving it, where they’re driving, huge amounts of data. Chinese EVs on our road, is that data going back to Beijing in ways that undermine our national security?
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Maine’s Department of Education is reportedly urging school districts to stop using taxpayer-subsidized electric school buses that were purchased within the last year. The districts reported problems with the new buses, which were supplied by Canada-based Lion Electric Co., last fall ... The windshields on the buses would leak whenever it rained, as the glass didn’t appear to be securely in place. concerns about mixing electricity and water from the leaking windshields led them to stop driving some of the buses. The buses, which cost about $345,000 each, were also sold with misaligned or incorrect lettering on the sides, and...
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Goodbye free markets! Hello heavy-handed government cronyism. So, despite recent declines in energy prices, gasoline prices are still up 46.25% under “Green Joe” and the all important for shipping, diesel prices, are still up 55.6% under Brainless Joe. One would think that massive rises in gasoline and diesel prices would make everyone buy an electric vehicle (EV). But alas, the high cost and unreliability of EVs is turning off consumers. (I own a hybrid and wish I didn’t). Another one of the Biden administration’s “visions” for forcing people to own electric vehicles isn’t working out exactly as planned. Both Ford...
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Ford CEO Jim Farley and GM CEO Mary Barra said they are open to collaborating with automakers on EV tech to compete with China The CEOs of leading U.S. automakers Ford and GM on Thursday signaled they are open to considering partnerships to lower the cost of electric vehicle technology to compete with low-cost Chinese EVs looking to the U.S. and European markets. "If there’s ways that we can partner with others, especially on technologies that are not consumer-facing, and be more efficient with R&D as well as capital, we’re all in," GM CEO Mary Barra told investors at a...
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Rivian (RIVN) stock tanked after the bell on Wednesday after the electric adventure vehicle maker reported mixed fourth quarter results and a production and profit forecast that missed Wall Street expectations. Rivian said it sees vehicle production for 2024 hitting 57,000 units, well below the 80,000 units expected. In terms of full-year profitability, Rivian said it sees an adjusted EBITDA loss of $2.70 billion vs. $2.59 billion (est.), with capital expenditure outlays hitting $1.75 billion vs. $2.37 billion (est.). Rivian said it would cut 10% of salaried staff, citing economic uncertainty. Rivian stock fell over 15% in after-hours trading. For...
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A green nonprofit that is indirectly funded by a foreign billionaire is pressuring broadcasters to drop advertisements that criticize the Biden administration’s massive electric vehicle (EV) agenda. Climate Power wrote to numerous broadcasters this week demanding that they stop airing American Fuel and Petrochemicals Manufacturers (AFPM)-funded advertisements in swing state markets that rail against President Joe Biden’s plans to impose widespread EV adoption in the coming years. The charitable organization affiliated with Hansjorg Wyss, a Swiss health care mogul and billionaire philanthropist, donates millions of dollars to the Fund for a Better Future, which was the fiscal sponsor for Climate...
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Burn on, Bidenomics! The Biden administration is reportedly considering easing tailpipe emissions regulations, a move that was designed to force Americans from gas and diesel-powered vehicles to electric vehicles, according to The New York Times, citing three people familiar with the plan. This potential policy adjustment is in response to concerns from major automakers and labor unions and comes amid sliding EV demand, recently prompting companies such as Ford Motor Company to reduce EV production and lay off workers. “Instead of essentially requiring automakers to rapidly ramp up sales of electric vehicles over the next few years, the administration would...
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Ford CEO Jim Farley and GM CEO Mary Barra said they are open to collaborating with automakers on EV tech to compete with China The CEOs of leading U.S. automakers Ford and GM on Thursday signaled they are open to considering partnerships to lower the cost of electric vehicle technology to compete with low-cost Chinese EVs looking to the U.S. and European markets. "If there’s ways that we can partner with others, especially on technologies that are not consumer-facing, and be more efficient with R&D as well as capital, we’re all in," GM CEO Mary Barra told investors at a...
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Lloyd Austin underwent an invasive surgical procedure called a prostatectomy for his prostate cancer. He was readmitted to the ICU ward of Walter Reed National Military Medical Center seven days later, on January 1st, due to complications caused by a severe infection. It appears he was septic. He concealed his inability to carry out his duties from Biden, Congress, the Pentagon, and his Deputy Secretary, Dr. Kathleen Hicks. On January 4th, finally becoming aware of Austin’s hospitalization, security adviser Jake Sullivan notified Hicks, who was on vacation in Puerto Rico. Even though Biden continued to back Austin, Austin was already...
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The cost of the Inflation Reduction Act’s energy and climate provisions is now expected to be significantly higher than previously projected, at least partially because of greater-than-anticipated investment in climate-friendly technology. The Congressional Budget Office (CBO) revised its projections this week, greatly increasing how much it believes the law’s energy tax credit-related provisions will cost. “The costs of energy-related tax provisions are much higher than the staff of the Joint Committee on Taxation originally projected,” CBO Director Phillip Swagel said. One of the factors the agency cited is a greater number of people expected to claim tax credits for electric...
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The Joe Biden regime has classified elite getaways, including Martha’s Vineyard, as “low-income” in an effort to qualify them for an electric vehicle (EV) charger subsidy program under the Inflation Reduction Act (IRA). The EV charger tax credit program was supposed to allocate subsidies to “low-income” or “non-urban” areas. An examination of the Department of Energy’s (DOE) eligibility map identified several upscale areas deemed “low-income” by the regime, allowing them to receive EV charger subsidies. To be seen as “low-income,” areas must either have a poverty rate of over 20 percent, a median income beneath 80 percent of their wider...
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South Korean drivers are concerned that their future EVs could catch fire while charging or in a car crash ... In 2020 and 2021, several high-profile cases of EVs catching fire were reported in South Korea. Three years ago, an electric bus manufactured by Hyundai Motor caught fire while in use. A few months earlier, Hyundai Motor recalled more than 77,000 Kona EVs sold globally after 13 of the electric crossover vehicles caught fire. Hyundai and its battery supplier LG Chem were at odds over the reasons for the recall, with the battery cell maker saying it wasn’t its battery...
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France’s President Macron had a plan to make millions of electric vehicles a year. Chancellor Scholz planned to put 15 million on Germany’s roads by 2030. President Biden trumped the lot with a $174bn (£138bn) plan to make the US the world leader. Even Boris Johnson Get info without leaving the page. – remember him – had a £1bn plan to beef up our charging network. Rewind only a couple of years, and almost every president or prime minister was making electric vehicles the cornerstone of an industrial strategy. And yet, this week we have learned that Renault is abandoning...
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BMW and Continental announced a new strategic partnership to develop a in-wheel motor, including an integrated brake. The strategic partner is electric drive Munich-based start-up DeepDrive, renowned for creating the first radial flux twin rotor motor with power electronics that can be used in production vehicles. DeepDrive is an expert in creating energy-efficient electric motors and has produced large-scale automobiles for many years. Matthias Matic, president of Continental’s Safety and Motion business area, said they have gained a great partner as electric motors created by DeepDrive help to improve the range of EVs. Additionally, they are lighter, more inexpensive, and...
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A decade ago, Elon Musk laughed off the threat posed by Chinese electric carmaker BYD. He's not laughing now. The Tesla CEO warned investors in a recent earnings call that Chinese EV firms will "demolish" their Western rivals if trade barriers aren't put in place to limit their expansion, after BYD finally overtook Tesla as the world's top seller of electric cars. "The Chinese car companies are the most competitive car companies in the world," Musk told investors during Tesla's Q4 earnings call. "If there are no trade barriers established, they will pretty much demolish most other car companies in...
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The Biden administration has warned that Chinese electric vehicles can pose a national security threat to the United States as they can collect huge amounts of personal information and may send it overseas. US Commerce Secretary Gina Raimondo said during an Atlantic Council fireside chat on Tuesday that the US should think deeply about whether it wants all the data collected by electric and autonomous vehicles to be sent to China. She said the information could be about the driver, the location of the vehicle and the surroundings of the vehicle. Raimondo’s comments came after Bloomberg reported last week that...
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Once an EV darling thought to revolutionize EV production with its concept of micro-factories that crank out delivery vans for the likes of Uber and UPS, UK startup Arrival is in a desperate search for funding after being delisted from Nasdaq this week. Nasdaq suspended trading of Arrival shares this week, followed by a formal delisting, Reuters reports. The action is the result of Arrival being late in posting financial results and failing to file a remediation plan and hold an annual shareholder meeting. After announcing it was slashing its workforce by 50% last year, Arrival said it had received...
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Electric vehicles that typically weigh more than gasoline-powered cars can easily crash through steel highway guardrails that are not designed to withstand the extra force, raising concerns about the nation’s roadside safety system, according to crash test data released Wednesday by the University of Nebraska. Electric vehicles typically weigh 20% to 50% more than gas-powered vehicles thanks to batteries that can weigh almost as much as a small gas-powered car. And they have lower centers of gravity. Because of these differences, guardrails can do little to stop electric vehicles from pushing through barriers typically made of steel. Last fall, engineers...
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The fourth quarter of 2023 was not good for Electric Vehicles (EV). Multiple manufacturers decided to curb or halt production. Ford in particular decided to cut their F150 Lightening Truck series in half. Roughly 4,500 auto dealers signed on to a letter petitioning the Biden administration to “tap the breaks” on its aggressive EV push, on account of EVs stacking up on dealer lots. The new year is already off to a rough start and we’re not even through the first month. Hertz announced it will be selling off about one third of its EVs, which will amount to roughly...
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