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The green transition is pushing electric vehicles upon the American public as it is believed that they are less greenhouse gas intensive than gasoline vehicles. Electric vehicles, however, require lithium-ion batteries that have issues regarding greenhouse gas emissions during the mining and processing of the raw materials needed and the disposal of the batteries at […]
Minor damage to an electric vehicle battery pack can lead to the entire car being totaled, leaving the expensive battery packs piling up in the scrapyard and causing higher insurance premiums. With no way to repair or assess slightly damaged battery packs after accidents, electric vehicles can lose up to 50 percent of their price, rendering it […]
Over a dozen battery storage projects that were meant to support intermittent renewable energy supplies have been postponed, canceled or renegotiated due to labor and transport bottlenecks, soaring minerals prices, and competition from the electric vehicle industry. The delays, ranging from several months to a year, are in a number of states including California, Hawaii and […]
Automakers are raising prices on their electric vehicles due to rising commodity costs, specifically for key materials needed for EV batteries. According to the International Energy Agency, while battery costs have been declining for a decade, EV battery costs are expected to increase 14 percent this year to $150 per kilowatt hour. Another firm expects the […]
This week the Senate will hastily begin consideration of a broad energy package compiled by Senators Murkowski and Manchin, with language included in the bill compiled from around 50 existing pieces of legislation, according to the sponsors. While claiming to be about promoting “innovation” the bill is more accurately seen as promoting bureaucracy. The completed […]
At the College of Marin, located a few miles north of San Francisco, it would be foolish to take a class in finance. Tesla is receiving $5.3 million in state and utility incentives to install a battery array on campus to save at most $150,000 a year. The Marin Independent Journal explains: Tesla will get […]