EVS

Governors Stitt, Hutchinson Partner to Create Super Region for Advanced Mobility in the Heartland

Retrieved on: 
Thursday, August 18, 2022 - 2:55pm

TULSA, Okla.,and LITTLE ROCK, Ark., Aug. 18, 2022 /PRNewswire/ -- Governors Kevin Stitt and Asa Hutchinson joined together to position the Oklahoma-Arkansas region as a national hub for advanced mobility (AM) with the support of partners Tulsa Innovation Labs and Runway Group. The collaborative effort to support the growth of the AM industry, including drones, electric and autonomous vehicles, battery manufacturing, and transportation and logistics solutions, will create new research and testing space, support local AM startups, attract new companies, and convene industry corporations to test and scale new technologies. 

Key Points: 
  • This partnership gives us the momentum we need for this region to lead the nation into the future of mobility," said Governor Stitt.
  • According to the analysis, average earnings in AM are approximately 50% higher compared to other industries in Arkansas and Oklahoma.
  • This partnership will accelerate the work on advanced mobility and further enhance our region's reputation as a leader in technological innovation."
  • In February 2022, Governor Hutchinson launched the Arkansas Council on Future Mobility, laying the groundwork for this new bi-state AM initiative.

Hyundai IONIQ 5 Wins Car and Driver's 2022 EV of the Year Award

Retrieved on: 
Thursday, August 18, 2022 - 2:00pm

FOUNTAIN VALLEY, Calif., Aug. 18, 2022 /PRNewswire/ -- The 2022 Hyundai IONIQ 5 earned Car and Driver's EV of the Year Award, adding another coveted honor to its trophy case.

Key Points: 
  • FOUNTAIN VALLEY, Calif., Aug. 18, 2022 /PRNewswire/ -- The 2022 Hyundai IONIQ 5 earned Car and Driver's EV of the Year Award, adding another coveted honor to its trophy case.
  • The 2022 Hyundai IONIQ 5 earned Car and Driver's EV of the Year Award, adding another coveted honor to its trophy case.
  • The EV award uses the same criteria as Car and Driver's 10Best Awards.
  • "IONIQ 5 continues to satisfy customers and we will build on this momentum with the launch of the IONIQ 6 and 7.

TUGA Files Patent for Real-Time Emissions Measurement Innovation

Retrieved on: 
Thursday, August 18, 2022 - 2:00pm

TUGA Innovations is a development-stage electric vehicle company undertaking the conception, design, and production of specialized EVs to improve the urban mobility experience.

Key Points: 
  • TUGA Innovations is a development-stage electric vehicle company undertaking the conception, design, and production of specialized EVs to improve the urban mobility experience.
  • The Company is looking to reduce urban mobility difficulties by developing a family of three-wheeled, fully electric fore-and-aft 2-seat vehicles.
  • The vehicle is no wider than a motorcycle for agility and offers a patent pending expanding rear axle for high-speed stability along with a patent pending expandable chassis designed for passenger comfort.
  • The vehicle will offer advanced connectivity technology to maximize safety, performance, environmental impact, comfort, maintenance, and navigation.

Elcora options to join forces with Gold Lion to begin exploitation of a Manganese Mining License in Morocco

Retrieved on: 
Thursday, August 18, 2022 - 2:00pm

The Manganese research mining license in Morocco (the Property) is held by Ermazon SARL (Ermazon), a wholly owned subsidiary of Elcora.

Key Points: 
  • The Manganese research mining license in Morocco (the Property) is held by Ermazon SARL (Ermazon), a wholly owned subsidiary of Elcora.
  • Gold Lion will acquire 50% interest in the Property and Elcora will use the proceeds from the transaction to initiate the ore production on the Manganese concession once the Exploitation license has been granted.
  • Ermazon has applied for the exploitation license of the Manganese concession which will strengthen its ongoing strategy to supply battery and electric vehicles (EV) end-users.
  • Troy Grant, Elcora CEO commented, Elcora is pleased to join forces with Gold Lion to develop the Manganese site.

U.S. auto dealership count remains stable; EV adoption surges in Florida, southeast in Q1/Q2 2022

Retrieved on: 
Thursday, August 18, 2022 - 1:00pm

The most significant state-level changes were net increases in California (+12) and Texas (+7) and net decreases in Michigan (-5), Florida (-4) and Indiana (-4).

Key Points: 
  • The most significant state-level changes were net increases in California (+12) and Texas (+7) and net decreases in Michigan (-5), Florida (-4) and Indiana (-4).
  • While industry sales declined slightly during Q1/Q2 2022, EV* sales in the U.S. continued to grow.
  • Florida is home to the nation's second-highest EV sales volume but expanded its margin in Q1/Q2 2022 compared to last year.
  • Led by Florida's 64% year-over-year increase in EV sales during Q1/Q2 2022, the southeast region has become the fastest-growing region for EV sales in the U.S. during the same period with a 52% uptick in EV sales overall.

SK Backs Atom Power with $100M in Funding to Redefine EV Charging Infrastructure

Retrieved on: 
Thursday, August 18, 2022 - 11:00am

But the EV market has a problem: scaling the charging infrastructure to keep up with demand.

Key Points: 
  • But the EV market has a problem: scaling the charging infrastructure to keep up with demand.
  • Atom Power directly addresses this challenge with the worlds first and only digital power delivery solution for the last mile of charging.
  • Atom Power gives customers the essential power delivery solution to achieve their EV imperatives, ensure a high return on their investments and advance EV adoption broadly.
  • Through its PURPL EV charging solution, Atom Power is tackling the challenges limiting the broad adoption of EVs across the globe.

EVmo Reports Second Quarter 2022 Financial Results

Retrieved on: 
Wednesday, August 17, 2022 - 9:15pm

LOS ANGELES, Aug. 17, 2022 (GLOBE NEWSWIRE) -- EVmo, Inc. (OTC: YAYO), a leading provider of vehicles to the rideshare and delivery gig economy industry, today announced financial results for its second quarter ended June 30, 2022.

Key Points: 
  • ET
    LOS ANGELES, Aug. 17, 2022 (GLOBE NEWSWIRE) -- EVmo, Inc. (OTC: YAYO), a leading provider of vehicles to the rideshare and delivery gig economy industry, today announced financial results for itssecond quarter ended June 30, 2022.
  • Second Quarter 2022 Financial Results:
    Revenue for the three months ended June 30, 2022 was $2.9 million, up 8.5% from revenue of $2.7 million in the second quarter of 2021.
  • Cost of revenues in the three months ended June 30, 2022 was $2.1 million, up from $1.9 million in the second quarter of 2021.
  • The Company will host a conference call and audio-only webcast to discuss its second quarter 2022 results on Wednesday, August 17, at 4:30 p.m.

Mahindra unveils five Electrifying SUVs under two brands based on the purpose-built INGLO platform

Retrieved on: 
Wednesday, August 17, 2022 - 7:22pm

The iconic brand XUVwill host a range of products that builds upon the Mahindra legacy while embracing the future.

Key Points: 
  • The iconic brand XUVwill host a range of products that builds upon the Mahindra legacy while embracing the future.
  • Common to these SUVs is the Mahindra new Heartcore design philosophy a blend of unmissable presence, inner strength and attitude.
  • Indian at heart and global in its reach, the INGLO platform encapsulates progressive battery technology, platform architecture, brain power and human machine interface.
  • Rajesh Jejurikar,Executive Director Auto and Farm Sectors, Mahindra & Mahindra, said,"Our vision of Born Electric is underpinned by the future-ready INGLO platform, two new exciting brands and the Heartcore design philosophy.

Mahindra unveils five Electrifying SUVs under two brands based on the purpose-built INGLO platform

Retrieved on: 
Wednesday, August 17, 2022 - 7:02pm

The iconic brand XUVwill host a range of products that builds upon the Mahindra legacy while embracing the future.

Key Points: 
  • The iconic brand XUVwill host a range of products that builds upon the Mahindra legacy while embracing the future.
  • Common to these SUVs is the Mahindra new Heartcore design philosophy a blend of unmissable presence, inner strength and attitude.
  • Indian at heart and global in its reach, the INGLO platform encapsulates progressive battery technology, platform architecture, brain power and human machine interface.
  • Rajesh Jejurikar,Executive Director Auto and Farm Sectors, Mahindra & Mahindra, said,"Our vision of Born Electric is underpinned by the future-ready INGLO platform, two new exciting brands and the Heartcore design philosophy.

New Law Creates Affordable Path to Clean Infrastructure for States, Municipal Governments, and Real Estate Investors, According to Charge-Zero

Retrieved on: 
Wednesday, August 17, 2022 - 3:00pm

Last year's Infrastructure Investment and Jobs Act created the National Electric Vehicle Infrastructure Formula Program (NEVI), which allocates nearly $5 billion to provide funding to states to create an interconnected network of electric vehicle charging infrastructure.

Key Points: 
  • Last year's Infrastructure Investment and Jobs Act created the National Electric Vehicle Infrastructure Formula Program (NEVI), which allocates nearly $5 billion to provide funding to states to create an interconnected network of electric vehicle charging infrastructure.
  • No considerations exist from the Federal government to incentivize this network to be powered by clean energy, though, as desired by the Inflation Reduction Act just passed.
  • Charge-Zero utilizes tax equity to reduce the cost of NEVI program funded charging infrastructure projects and make them solar-powered.
  • Charge-Zero partner Zack Michaelson describes the business as filling in the gap to ensure EV charging infrastructure is incentivized to be clean.