Innovation

Hyundai races to catch up with Tesla in long-range EV market

Hyundai races to catch up with Tesla in long-range EV market

Hyundai putting EVs at centre of production strategy Hyundai Motor Co said on Thursday that it would make electric vehicles the centre of its product strategy and is looking to develop a long-distance EV that would compete with Tesla and others. In the past, Hyundai and Toyota had focussed developing fuel cell technology, but has […]

By August 18, 2017 0 Comments Read More →
Global automakers shifting to high efficiency gasoline engines, diesel to be phased out by 2020

Global automakers shifting to high efficiency gasoline engines, diesel to be phased out by 2020

Advancements in electronic controls, real-time sensing, actuation systems are enhancing thermodynamic efficiency of ICE vehicles A new report from Navigant Research analyzed the market for technologies that improve the energy efficiency of light duty vehicles with internal combustion engines (ICEs) and low voltage electrified propulsion, providing global market forecasts through 2026. Automakers and suppliers around the world […]

By August 17, 2017 0 Comments Read More →
Wind energy continues rapid growth in 2016 – US Dept. of Energy

Wind energy continues rapid growth in 2016 – US Dept. of Energy

Texas, Oklahoma, and Iowa lead the nation in wind energy The Energy Department released three wind market reports demonstrating continued growth in wind energy nationwide. America’s wind industry added more than 8,200 megawatts (MW) of capacity last year, representing 27 per cent of all energy capacity additions in 2016. In 2016, wind supplied about 6 […]

By August 15, 2017 0 Comments Read More →
Tesla autonomous semi trucks in development, closer to prototype: Reuters

Tesla autonomous semi trucks in development, closer to prototype: Reuters

Autonomous semi trucks may be unveiled in September Reuters reports Tesla Inc is developing a long-haul, electric autonomous semi trucks that will eventually move in a formation where a number of semis will automatically follow a lead vehicle. In an e-mail discussion with the Nevada Department of Motor Vehicles, the California company is looking to […]

By August 11, 2017 0 Comments Read More →
Future of renewable energy is a radical global disruption – Wood Mackenzie

Future of renewable energy is a radical global disruption – Wood Mackenzie

With current trends, Wood Mackenzie expects EVs accounting 21% of global car stock by 2035 The oil market downturn and the tone set by the Paris Agreement have already shifted the focus away from fossil fuels, but how quickly could we see the tides change and decisively tip the scales to renewables? Together with GTM Research, […]

By August 10, 2017 0 Comments Read More →
Consumer survey for autonomous vehicle finds preferences vary – IHS Markit

Consumer survey for autonomous vehicle finds preferences vary – IHS Markit

New consumer preferences for autonomy and other advanced mobility solutions vary widely by age and region New research on consumer preferences for full autonomy in new vehicles finds the technology is not yet popular among a broad audience, according to analysts at IHS Markit. Ironically, the same audience ranked it among the very features they […]

By August 10, 2017 0 Comments Read More →
Tesla stocks jump as Wall Street bets on Model 3

Tesla stocks jump as Wall Street bets on Model 3

Tesla stock up 63 per cent in 2017 Tesla stock got a bump of 6 per cent on Thursday after its quarterly report beat average analyst estimates and boosted bets that the Model 3 will shift the California-based electric automaker into the mainstream. Since the beginning of 2017, Tesla stock has jumped 63 per cent. […]

By August 3, 2017 0 Comments Read More →
European oil majors invest in US offshore wind energy

European oil majors invest in US offshore wind energy

US offshore wind arena less crowded than Europe A number of European oil majors are moving into the US offshore wind market, bringing with them experience in deepwater development and leaving behind the crowded offshore wind industry at home. Statoil, Norway’s national oil company, won a license to develop a wind farm off the coast […]

By August 2, 2017 0 Comments Read More →
BP in talks with EV makers to offer battery charging at company’s gas stations

BP in talks with EV makers to offer battery charging at company’s gas stations

Shell has scheme to install battery charging stations at some stations in Britain, Netherlands Oil giant BP is looking to partner with electric vehicle makers to offer battery charging docks at its worldwide network of gasoline and diesel stations. With rapid growth in the use of EVs expected in the coming decades, some oil companies […]

By August 1, 2017 0 Comments Read More →
Audi to cut €10 billion to fund electric-car push – Reuters

Audi to cut €10 billion to fund electric-car push – Reuters

Audi looks to move on from emissions scandal A report by Reuters says Audi is looking to cut costs by €10 billion euros by 2022 to help the German automaker make the shift into electric cars. Sources close to the German automaker says Audi is planning to offer five new all-electric models to market in […]