Government of the people, by the people and for the people is no longer accessible to the people.
Government of the people, by the people and for the people is no longer accessible to the people.
From flat battery to full charge in just five minutes—an Israeli start-up has developed technology it says could eliminate the "range anxiety" associated with electric cars.
Ultra-fast recharge specialists StoreDot have developed a first-generation lithium-ion battery that can rival the filling time of a standard car at the pump.
"We are changing the entire experience of the driver, the problem of 'range anxiety'... that you might get stuck on the highway without energy," StoreDot founder Doron Myersdorf said.
The innovation could eliminate the hours required to recharge an electric car, he said.
Hundreds of prototypes are being tested by manufacturers.
His company, based in Herzliya, near Tel Aviv, is backed by four key investors: German automobile manufacturer Daimler, the UK's British Petroleum and the electronic giants Samsung and TDK.
Myersdorf, who set up the company in 2012, has tested the battery on phones, drones and scooters, before tackling the big prize of electric vehicles.
Tesla is best known as an electric car company, but the firm also has a thriving business in battery storage—including utility-scale battery installations to support the electric grid. Bloomberg reports that Tesla is currently building a battery installation in Tesla CEO Elon Musk's new home state of Texas. The project is in Angleton, about an hour south of Houston.
Yahoo Finance
Yahoo Finance
Ford Mustang Mach-E: Meet the EV that's stealing market share from Tesla
Pras Subramanian
Pras Subramanian
March 8, 2021, 12:41 pm
The recently released Ford Mustang Mach-E is turning out to be something of a success. And rival Tesla (TSLA) is feeling the brunt of that increased competition — on the showroom floor.
Looking at recent February auto sales data, analysts at Morgan Stanley discovered an interesting nugget. While battery electric vehicle (BEV) sales outpaced the total vehicle market by nearly 40% in February, Tesla’s BEV market share declined to 69% of the market, vs. 81% a year ago. Morgan Stanley analysts found that the Ford Mustang Mach-E accounted for nearly 100% of Tesla’s market share loss.
Ford (F) also trumpeted its Mach-E sales success in its February sales report. “Mustang Mach-E sales totaled 3,739 vehicles in its first full month of sales,” the automaker said in a news release. “Nearly 70 percent of Mach-E orders are from competitive brands, while just over one-fifth were sold in California.”
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