Electric vehicle

IDTechEx Finds Removing Rare-Earths Drives Demand for Copper in EV Motors

Retrieved on: 
Thursday, January 18, 2024

Regardless, the growing electrification of the automotive market will drive a 3.1-fold increase in copper demand for EV motors in 2034 compared with 2023.

Key Points: 
  • Regardless, the growing electrification of the automotive market will drive a 3.1-fold increase in copper demand for EV motors in 2034 compared with 2023.
  • The report considers technology evolution and provides forecasts within each of these components for copper demand between 2024 and 2034.
  • Permanent magnet motors include magnets in the rotor, induction motors include copper or aluminum bars, wound rotor motors include further copper windings, and reluctance motors are predominantly steel.
  • IDTechEx's report " Copper Demand for Cars 2024-2034: Trends, Utilization, Forecasts " builds on its " Electric Motors for Electric Vehicles 2024-2034 " report to provide an in-depth look at motor technology's impact on copper utilization, predicting a 3.1-fold increase in copper demand for EV motors between 2023 and 2034.

IDTechEx Finds Removing Rare-Earths Drives Demand for Copper in EV Motors

Retrieved on: 
Thursday, January 18, 2024

Regardless, the growing electrification of the automotive market will drive a 3.1-fold increase in copper demand for EV motors in 2034 compared with 2023.

Key Points: 
  • Regardless, the growing electrification of the automotive market will drive a 3.1-fold increase in copper demand for EV motors in 2034 compared with 2023.
  • The report considers technology evolution and provides forecasts within each of these components for copper demand between 2024 and 2034.
  • Permanent magnet motors include magnets in the rotor, induction motors include copper or aluminum bars, wound rotor motors include further copper windings, and reluctance motors are predominantly steel.
  • IDTechEx's report " Copper Demand for Cars 2024-2034: Trends, Utilization, Forecasts " builds on its " Electric Motors for Electric Vehicles 2024-2034 " report to provide an in-depth look at motor technology's impact on copper utilization, predicting a 3.1-fold increase in copper demand for EV motors between 2023 and 2034.

Blue Bird Receives Record Order of 180 Electric School Buses

Retrieved on: 
Tuesday, January 16, 2024

Blue Bird Corporation (Nasdaq: BLBD), the leader in electric and low-emission school buses, has received the single largest order of electric school buses from a school district in its history.

Key Points: 
  • Blue Bird Corporation (Nasdaq: BLBD), the leader in electric and low-emission school buses, has received the single largest order of electric school buses from a school district in its history.
  • Los Angeles Unified School District (LAUSD) ordered 180 electric, zero-emission school buses through their local Blue Bird dealer, A-Z Bus Sales, Inc.
  • View the full release here: https://www.businesswire.com/news/home/20240116715215/en/
    Los Angeles Unified School District (LAUSD) ordered a record 180 electric, zero-emission school buses from Blue Bird Corporation, including 150 All American (pictured here) and 30 Vision model buses.
  • (Image provided by Los Angeles Unified School District)
    LAUSD already operates twenty-six Blue Bird electric school buses in its fleet.

Power Systems West Announces Strategic Partnership with Noodoe to Pioneer EV Charging Systems Across the Pacific Northwest and Rocky Mountain Regions

Retrieved on: 
Tuesday, January 16, 2024

With a vast territory coverage spanning the Pacific Northwest and Rocky Mountain regions, Power Systems West is poised to leverage its customer service, engineering expertise, and extensive service network to introduce Noodoe's cutting-edge EV charging solutions.

Key Points: 
  • With a vast territory coverage spanning the Pacific Northwest and Rocky Mountain regions, Power Systems West is poised to leverage its customer service, engineering expertise, and extensive service network to introduce Noodoe's cutting-edge EV charging solutions.
  • "We are thrilled to embark on this groundbreaking journey with Noodoe as we venture into the exciting domain of EV charging systems," said Brad Lyons, President of Power Systems West.
  • Power Systems West's extensive footprint across the Pacific Northwest and Rocky Mountain regions ensures that Noodoe's EV charging systems will be readily available to businesses looking to embrace sustainable transportation solutions.
  • "By integrating Noodoe's technology into its portfolio, Power Systems West is poised to become a key player in advancing sustainable power solutions across the Pacific Northwest and Rocky Mountain regions", said Chris Ernst (Director – Client Solutions)
    For more information about Power Systems West and its partnership with Noodoe, please visit www.powersystemswest.com .

Mercedes-Benz USA Reports Q4 2023 Total Sales of 90,014 Vehicles

Retrieved on: 
Thursday, January 11, 2024

Additionally, Mercedes-Benz Vans reported Q4 2023 sales of 17,701 units, bringing MBUSA to a total of 90,014 vehicles for the quarter.

Key Points: 
  • Additionally, Mercedes-Benz Vans reported Q4 2023 sales of 17,701 units, bringing MBUSA to a total of 90,014 vehicles for the quarter.
  • Sales in the Top-End segment is up 15% for 2023 compared to 2022 with a total of 94,391 units sold.
  • “Our 2023 sales results demonstrate another year of strong brand and volume growth for Mercedes-Benz USA.
  • Separately, Mercedes-Benz Certified Pre-Owned (MBCPO) models recorded sales of 137,518 vehicles for 2023, an increase of 2% versus 2022.

Thursday's U.S. Department of Transportation's $623 Million Grant Announcement Ups the Stakes for Upcoming EV Charging Summit in Las Vegas

Retrieved on: 
Friday, January 12, 2024

LAS VEGAS, Jan. 12, 2024 /PRNewswire/ -- Yesterday's announcement of $623 million in U.S. Department of Transportation (USDOT) grants to support Electric Vehicle (EV) charging infrastructure is electrifying the industry and setting the stage for a groundbreaking EV Charging Summit & Expo , the largest EV infrastructure trade show in North America.

Key Points: 
  • LAS VEGAS, Jan. 12, 2024 /PRNewswire/ -- Yesterday's announcement of $623 million in U.S. Department of Transportation (USDOT) grants to support Electric Vehicle (EV) charging infrastructure is electrifying the industry and setting the stage for a groundbreaking EV Charging Summit & Expo , the largest EV infrastructure trade show in North America.
  • The future of the EV charging sector is going to be shaped by these grants and by the discussion and collaboration they inspire at the EV Charging Summit in March."
  • The EV Charging Summit & Expo in Las Vegas promises to be a dynamic platform for industry players to discuss, collaborate, and showcase the latest advancements in electric vehicle charging.
  • For more information about the EV Charging Summit & Expo, including registration details and sponsorship opportunities, please visit EVchargingsummit.com .

Black Box Innovations New Patented Energy Management Devices that Allow for an Inexpensive High-Speed EV Charging Installation in Every Home

Retrieved on: 
Thursday, January 11, 2024

CALGARY, AB, Jan. 11, 2024 /PRNewswire-PRWeb/ -- Black Box Innovations is launching its newly patented Energy Management device that now makes it possible for any residential home to install a cost-effective, high-speed EV charger system. This device allows any EV owner to wake up to a fully charged EV with maximum driving range every morning. It does not require consumer electrical service upgrades or panel upgrades and is compatible with all major EV manufacturers. Using this technology will save customers thousands and make buying and fast charging an EV easier for everyone.

Key Points: 
  • Black Box Innovations has been granted a patent on its groundbreaking EV Energy Management System for residential and multi-residential applications.
  • CALGARY, AB, Jan. 11, 2024 /PRNewswire-PRWeb/ -- Black Box Innovations is launching its newly patented Energy Management device that now makes it possible for any residential home to install a cost-effective, high-speed EV charger system.
  • Operating with its motto, "Technology with a Future," Black Box Innovations is accelerating EV adoption with its patented product launch.
  • EV owners along with Electrical EV Installers now have an easier and less expensive option to provide High-Speed EV charging with this new patented device.

S&P Global: Funding the Future Amidst Rising Global Debt and Global Fragmentation

Retrieved on: 
Wednesday, January 10, 2024

This research, titled Look Forward: Funding the Future, explores the need for global collaboration and innovative solutions to support and finance these transitions.

Key Points: 
  • This research, titled Look Forward: Funding the Future, explores the need for global collaboration and innovative solutions to support and finance these transitions.
  • Key findings from Look Forward: Funding the Future include:
    Absolute global debt will potentially rise by half to $336 trillion by 2030, from $225 trillion in 2023.
  • While the Washington Consensus is unraveling, a new global consensus has not and is not likely to emerge in the future, which means global fragmentation is likely to increase.
  • The generative AI digital transformation is expected to add approximately $7 trillion of additional debt to global capital markets by 2030.

LG Innotek to showcase powerful competencies in Mobility and AI at CES 2024

Retrieved on: 
Tuesday, January 9, 2024

LAS VEGAS and SEOUL, South Korea, Jan. 9, 2024 /PRNewswire/ -- From the upcoming 9th of January (Las Vegas) for 4 days, LG Innotek participates in CES (Consumer Electronics Show) 2024 and unveils innovative technologies and new products related to future mobility and AI.

Key Points: 
  • LAS VEGAS and SEOUL, South Korea, Jan. 9, 2024 /PRNewswire/ -- From the upcoming 9th of January (Las Vegas) for 4 days, LG Innotek participates in CES (Consumer Electronics Show) 2024 and unveils innovative technologies and new products related to future mobility and AI.
  • Mobility and AI are assessed as areas where innovative trends defined by the CES are actualized the most actively and have emerged as the hottest topic at this exhibition.
  • In addition, LG Innotek has separately prepared a private exhibition booth to facilitate efficient meetings with customers at CES 2024.
  • Meanwhile, LG Innotek also opened an online exhibition hall ( bit.ly/4aSg9QT ) that reproduces the CES offline booth on the company website in line with the opening day of 'CES 2024.'

LG Innotek to showcase powerful competencies in Mobility and AI at CES 2024

Retrieved on: 
Tuesday, January 9, 2024

LAS VEGAS and SEOUL, South Korea, Jan. 9, 2024 /PRNewswire/ -- From the upcoming 9th of January (Las Vegas) for 4 days, LG Innotek participates in CES (Consumer Electronics Show) 2024 and unveils innovative technologies and new products related to future mobility and AI.

Key Points: 
  • LAS VEGAS and SEOUL, South Korea, Jan. 9, 2024 /PRNewswire/ -- From the upcoming 9th of January (Las Vegas) for 4 days, LG Innotek participates in CES (Consumer Electronics Show) 2024 and unveils innovative technologies and new products related to future mobility and AI.
  • Mobility and AI are assessed as areas where innovative trends defined by the CES are actualized the most actively and have emerged as the hottest topic at this exhibition.
  • In addition, LG Innotek has separately prepared a private exhibition booth to facilitate efficient meetings with customers at CES 2024.
  • Meanwhile, LG Innotek also opened an online exhibition hall ( bit.ly/4aSg9QT ) that reproduces the CES offline booth on the company website in line with the opening day of 'CES 2024.'