Improving Battery Technology Brings EV Prices Down
May 12, 2021
Several countries around the world are scrambling to replace their fossil-fuel-powered fleets with zero-emission electric vehicles (“EVs”) in a bid to halt runaway global warming before it’s too late. Unfortunately, electric vehicles made up just 3% of all vehicles purchased in 2020, and the path to mass EV adoption is still plagued with a number of obstacles. The chief hindrance to mass EV adoption is price, with most electronic vehicle models costing much more than the average consumer can afford.
However, industry projections say battery electric vehicles (“BEVs”) will become as affordable as internal-combustion engine (“ICE”) vehicles in the next decade, thanks to falling battery prices. Unlike traditional cars, EVs are powered by a rechargeable lithium-ion battery instead of a combustion engine. Since it is essentially the vehicle’s powerhouse, an EV battery…
NOTE TO INVESTORS: The latest news and updates relating to Clean Power Capital Corp. (CSE: MOVE) (FWB: 2K6A) (OTC: MOTNF) are available in the company’s newsroom at https://ibn.fm/MOTNF
About Green Car Stocks
Green Car Stocks (GCS) is a specialized communications platform with a focus on electric vehicles (EV), as well as other emerging market opportunities in the green sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, GCS is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, GCS brings its clients unparalleled visibility, recognition and brand awareness. GCS is where news, content and information converge.
To receive SMS text alerts from Green Car Stocks, text “Green” to 21000 (U.S. Mobile Phones Only)
For more information, please visit https://www.GreenCarStocks.com
Please see full terms of use and disclaimers on the Green Car Stocks website applicable to all content provided by GCS, wherever published or re-published: https://www.GreenCarStocks.com/Disclaimer
Green Car Stocks
San Francisco, California
www.GreenCarStocks.com
415.949.5050 Office
[email protected]
Green Car Stocks is part of the InvestorBrandNetwork.
More News
Bharat Ratna LK Advani Ji at 100: A life of service, ideology and nation-building
Shri Lal Krishna Advani Ji celebrates his hundredth birthday on November 8, coinciding with Diwali festivities. He has played a vital role in shaping modern Indian politics through the Jana Sangh and BJP. Advani Ji faced challenges, such as Partition, and rebuilt his life with determination and resilience. He was influential during critical moments, including the Emergency and the Somnath-to-Ayodhya Rath Yatra.
Meet Lori Huang, Nvidia CEO Jensen Huang's low-profile wife who runs a $9.2 billion foundation that rivals the famous MacArthur Foundation
Jensen Huang's wife is Lori Huang. The couple reportedly met as engineering students at Oregon State University. At that time, Jensen was 17 and Lori was 19. They had reportedly then worked together as lab or study partners. Jensen also approached Lori with an offer that he would help her with homework.
Krakow Shooting: Why was the suspect firing randomly at people? 5 killed and over a dozen hurt in Poland's Main Market Square attack
At least five people have been killed and over a dozen injured after a man opened fire on people in the Main Market Square in Krakow, Poland. The suspect was reported to be firing randomly at people. Police have stated that they shot the suspect after the incident occurred. Emergency services have reached the scene. The officials have cordoned off the area.
Revised prices on anti-cancer medicines effective from Monday, estimated annual savings of over ₹3500 crore
About 1000 brands show reduction in prices; 203 remain unchanged
California replaced a fish-blocking pipe on Fort Goff Creek with a bridge in 2014; later monitoring found 64 Chinook salmon nests upstream
In California, the removal of the culvert on Fort Goff Creek has significantly enhanced fish passage, particularly for salmon. Completed in 2014, a new bridge now connects fish to breeding grounds that were previously inaccessible. Biologists found 64 nests of Chinook salmon in this newly opened habitat, highlighting the importance of addressing culverts nationwide to improve aquatic ecosystems and connectivity.
For over a century, an unremarkable lump sat in a British Museum drawer; a 2013 X-ray revealed a rare Celtic brooch buried with a Viking-era Norwegian woman
A fascinating discovery at the British Museum includes a lump of soil, wood, and metal that holds a Celtic brooch from the eighth or ninth century. This ancient jewelry is linked to Viking burial traditions. Following their raids, Vikings astutely transformed sacred church artifacts into symbols of status, indicating a timeline of activity in Britain that may precede prior assumptions.
Singapore confirms a probe into Megaspeed but denies investigating Alice Huang over spy claims; how is Nvidia CEO Jensen Huang linked to the controversy?
US media reports have alleged that Nvidia CEO Jensen Huang developed a 'close relationship' with an alleged Chinese spy. US intelligence believes Alice Huang was recruited by China's Ministry of State Security (MSS). The alleged relationship was reportedly mentioned in a memo. Singapore has reportedly rejected the claims that Alice Huang was investigated by its authorities.
YOUR NEWS, OUR NETWORK.
Do you have Great News you want to tell the world?
Be it updates about your business or your community, you can make sure that it’s heard by submitting your story to our network reaching hundreds of news sites across 6 verticals.