After over 90% Erosion In Value, QuantumScape Future Has Many Possibilities Updated On Wed, Jul 6th, 2022 by Saurenergy Wall Street has been ominous for most stocks in 2022, more so on smaller, unprofitable growing companies which are typically more sensitive to rising rates, inflation and supply chain challenges. The same has been the case with QuantumScape (QS) investors. QS stock is losing money and there are no product revenues. It is a special-purpose […] Read more
Electric Pickup Trucks: Everything That Concerns You Updated On Thu, Jun 30th, 2022 by Saurenergy Times are changing, and electric vehicles are inexorably gaining in popularity. Consumers seek an alternative to the high gas prices which is sustainable, and automakers push to reduce private transportation’s dependence on fossil fuels. Electrification of mobility efforts started with hatchbacks, sedans, and even crossover SUVs. The wave finally hit one of the world’s most […] Read more
Chinese EV maker Nio To Manufacture Battery Swap Stations in Europe Updated On Mon, Jun 20th, 2022 by Saurenergy Chinese automobile manufacturer and power solutions provider Nio has announced that the company will be coming up with a manufacturing plant in Europe where it will be producing battery swap stations for the overseas market. It was reported early this year that Nio was looking to hire in Hungary for a manufacturing plant. Nio is […] Read more
US Automakers Want Congress To End Tax Credit Cap On Electric Vehicles Updated On Wed, Jun 15th, 2022 by Saurenergy The American electric vehicle manufacturers are devising means that could help the faster adoption of electric vehicles and seamless growth of the EV sector in the USA at a time when the European and Chinese electric vehicle markets are booming. In a fresh development, Chief Executive Officers of General Motors, Ford Motor, Stellantis and Toyota […] Read more
BMW EVs Will Shift From Prismatic To Cheaper Cylindrical Battery Cells Updated On Tue, May 31st, 2022 by Saurenergy German Auto major BMW has sealed a deal with CATL, Chinese battery manufacturer, for its future electric cars. BMW will use the cylindrical lithium-ion battery cells for EVs starting in 2025. Its significance lies in the fact that BMW has so far used the prismatic cell format for its EVs. Although the prismatic cells are […] Read more
IKEA Geared Up To Enter Into US Residences With Solar Updated On Fri, May 27th, 2022 by Saurenergy IKEA will deploy residential solar systems in the United States this fall competing with Tesla in the future. IKEA will partner with US residential energy service provider SunPower Corporation to launch the Home Solar programme, which will first be introduced in the centre of US residential solar energy, California, which accounts for 40% of the […] Read more
Tesla Nears Setting-up Electric Vehicle & Battery Factory in Indonesia Updated On Tue, May 24th, 2022 by Saurenergy Leading EV seller Tesla is close to inking a pact that will allow the US-based company to set up an electric vehicle factory in Indonesia. The facility may come up in Central Java’s Industrial complex and it may also host manufacturing of EV batteries. As per reports, the construction could start by the end of […] Read more
Gallium Nitride Makes Progress As A Substitute To Elevated Lithium Prices Updated On Wed, May 18th, 2022 by Saurenergy Since Lithium has become far too dear to afford, Gallium Nitride is being considered by many as a substitute. It not only offers higher energy density but also saves on weight. Tesla CEO Elon Musk will probably be pondering the question, as even as traded lithium carbonate prices climbed 413 percent between January and December […] Read more
Lithium Price Surge Leaves Car Makers Comparing LFP with NCM batteries Updated On Fri, May 13th, 2022 by Saurenergy Steep rises in battery raw materials prices since the start of 2021 have favoured a faster shift to LFP batteries for electric vehicles, over NMC batteries. Cobalt and Lithium for example have become dearer by 70% and 700% respectively. The lowest-cost pack has always been lithium-iron-phosphate, or LFP, the preferred choice of Tesla, Volkswagon and […] Read more
