Chevrolet Bolt

Hyundai, Kia and Porsche Lead the Charge in Debut of Edmunds EV Charging Test Leaderboard

Retrieved on: 
Wednesday, November 15, 2023

Combining Level 3 charging measurements from automotive consultants P3 Group with proprietary data from the Edmunds EV Efficiency Test, the Edmunds EV Charging Test establishes a new industry standard for electric vehicle charging speeds.

Key Points: 
  • Combining Level 3 charging measurements from automotive consultants P3 Group with proprietary data from the Edmunds EV Efficiency Test, the Edmunds EV Charging Test establishes a new industry standard for electric vehicle charging speeds.
  • It achieved an average speed of 868 miles per charging hour, the equivalent of adding 100 miles of charge in just 6 minutes, 55 seconds.
  • “With the launch of the Edmunds EV Charging Test, we are establishing an industry benchmark that allows car shoppers to compare charging speeds based on real-world testing and empirical data, further delivering on our commitment to providing best-in-class consumer guidance and insights.”
    The Edmunds EV Charging Test features new proprietary metrics within Edmunds’ suite of vehicle testing, including “miles per charging hour,” which conveys the average charging speed when charging from 10% to 80%.
  • In addition, the results include Edmunds tested average charging power, peak charging power, charging losses and consumption.

New Data Shows Winter EV Range Varies by Vehicle Brand and Age

Retrieved on: 
Wednesday, November 15, 2023

SEATTLE, Nov. 15, 2023 (GLOBE NEWSWIRE) -- Recurrent, the auto industry's leading analyst of used electric vehicles (EV), today released its annual report on winter range data .

Key Points: 
  • SEATTLE, Nov. 15, 2023 (GLOBE NEWSWIRE) -- Recurrent, the auto industry's leading analyst of used electric vehicles (EV), today released its annual report on winter range data .
  • The analysis includes range data from over 10,000 vehicles in the Recurrent community across the United States, as well as tens of thousands of data points from on-board devices that provide data on energy usage.
  • Key findings and new data are:
    Heat pump technology emerges as a significant factor in extending EV range, even in temperatures as low as 14°F.
  • Audi e-tron distinguishes itself as a winter leader by experiencing the least range drop in cold conditions.

S&P Global Mobility Survey Finds EV Affordability tops Charging and Range Concerns in Slowing EV Demand

Retrieved on: 
Wednesday, November 8, 2023

SOUTHFIELD, Mich., Nov. 8, 2023 /PRNewswire/ -- Although range anxiety and the charging network remain reasons to hesitate, a recent global survey of consumers showed that potential EV buyers are most concerned about the impact to their wallet. What's more, this is not just a US-market phenomenon. It's affecting consumers worldwide – even in regions where EVs have made significant market inroads. 

Key Points: 
  • That said, improved electric vehicle range, and the increased number of model choices, have moved down consumers' list of reasons to avoid purchasing an EV.
  • Just 58% of 2019 S&P Global Mobility survey respondents were open to purchasing an EV, as luxury-priced models dominated the early EV market.
  • Buyer willingness soared, with 86% of global respondents being open to acquire an EV.
  • Charging concerns are second only to vehicle cost among reasons cited for those respondents against buying an EV.

Nxu One Megawatt+ Charging System Delivers 1.6MWh and Demonstrates Impressive Utilization Rate During First Weekend of Field Trials

Retrieved on: 
Tuesday, October 3, 2023

On a mission to meet the demand for more powerful, reliable, convenient charging experiences, Nxu has launched introductory 20 cents per kWh charging pricing.

Key Points: 
  • On a mission to meet the demand for more powerful, reliable, convenient charging experiences, Nxu has launched introductory 20 cents per kWh charging pricing.
  • Users simply need to create a Nxu One Charging profile with payment information and visit the charging station at 1828 N. Higley Road in Mesa, Ariz., to experience the Nxu One Megawatt+ Charging System, available 24 hours a day, 7 days a week.
  • I’m happy to say that in the first few days of public charging, the Nxu One exceeded expectations,” said Nxu Founder, Chairman and CEO Mark Hanchett.
  • Additionally, Nxu charging technology is designed to ensure that the electrification of high-demand highway routes is reliable and future-proofed with consistent energy storage and megawatt+ charging capabilities.

Nxu Launches Revenue-Generating EV Charging Field Trials in Celebration of National Drive Electric Week

Retrieved on: 
Thursday, September 28, 2023

MESA, Ariz., Sept. 28, 2023 (GLOBE NEWSWIRE) -- Nxu Inc., (NASDAQ: NXU) (“Nxu”, “the Company”), a domestic technology company developing and manufacturing innovative EV charging and energy storage solutions for the infrastructure we need to power our electrified future, has launched its first public EV charging field trials, in Mesa, Ariz.

Key Points: 
  • MESA, Ariz., Sept. 28, 2023 (GLOBE NEWSWIRE) -- Nxu Inc., (NASDAQ: NXU) (“Nxu”, “the Company”), a domestic technology company developing and manufacturing innovative EV charging and energy storage solutions for the infrastructure we need to power our electrified future, has launched its first public EV charging field trials, in Mesa, Ariz.
  • The Nxu One Charging System is the only universal, dual-technology solution available for public charging.
  • Nxu is aiming to curb this anxiety with consistent, reliable and convenient charging destinations, utilizing the foundational technology of its Nxu One Megawatt+ Charging System.
  • From software to hardware to charging locations, the Nxu ecosystem will eliminate unreliable service contractors and streamline the customer experience.

Ditching fossil fuels can shave $800 from a Canadian family’s monthly bills: report

Retrieved on: 
Wednesday, September 27, 2023

Clean Energy Canada also calculated the ownership costs of a number of Canada’s most popular EVs, comparing them to equivalent gas cars.

Key Points: 
  • Clean Energy Canada also calculated the ownership costs of a number of Canada’s most popular EVs, comparing them to equivalent gas cars.
  • Choosing a Chevrolet Bolt EV instead of a Toyota Corolla Hatchback, for example, would save a typical Canadian $33,600 over a 10-year ownership period.
  • The report also includes a number of recommendations to ensure more Canadians access the benefits of ditching fossil fuels.
  • The family that removes fossil fuels from their daily life saves $9,685 per year.

Nxu Opens Game-Changing Charging System to the Public on Sept. 28

Retrieved on: 
Thursday, September 21, 2023

MESA, Ariz., Sept. 21, 2023 (GLOBE NEWSWIRE) -- Nxu Inc., (NASDAQ: NXU) (“Nxu”, “the Company”), a domestic technology company developing and manufacturing innovative EV charging and energy storage solutions for the infrastructure we need to power our electrified future, will launch its first public EV charging field trials, in Mesa, Ariz. on Thursday, Sept. 28, at 6 a.m.

Key Points: 
  • MESA, Ariz., Sept. 21, 2023 (GLOBE NEWSWIRE) -- Nxu Inc., (NASDAQ: NXU) (“Nxu”, “the Company”), a domestic technology company developing and manufacturing innovative EV charging and energy storage solutions for the infrastructure we need to power our electrified future, will launch its first public EV charging field trials, in Mesa, Ariz. on Thursday, Sept. 28, at 6 a.m.
  • In celebration of National Drive Electric Week, Nxu is offering $1 charges from Thursday, Sept. 28 – Sunday, Oct. 1.
  • “Nxu aims to deliver on all three, starting with our proprietary, powerful Nxu One Charging System.
  • We anticipate a very favorable response from those who experience our charging technology and we can’t wait to put charging power back in the hands of EV drivers.”
    The Nxu One Charging System is the only one on the market capable of delivering more than 700kW of universal charging.

Nxu Announces First Megawatt+ Charging Site Along Major Highway Corridor

Retrieved on: 
Monday, September 18, 2023

Located on a major highway corridor immediately off exit 19 on Interstate 10, the Nxu One Megawatt+ Charging location will provide a much-needed charging experience for the growing number of consumer and commercial EVs regularly traveling on this major freeway between Phoenix and Los Angeles.

Key Points: 
  • Located on a major highway corridor immediately off exit 19 on Interstate 10, the Nxu One Megawatt+ Charging location will provide a much-needed charging experience for the growing number of consumer and commercial EVs regularly traveling on this major freeway between Phoenix and Los Angeles.
  • The Nxu One Charging System is the only universal, dual-technology solution available for public charging.
  • “The decision to advance our electric future should be rewarded with an efficient charging experience, not punished by long lines, unreliable technology, and slow charging.
  • Nxu anticipates beginning construction in Quartzsite in 2024, with the intent to offer charging to customers as soon as possible upon construction completion.

As the Electric Vehicle Market Matures, Mercury Underscores the Importance of Insurance

Retrieved on: 
Thursday, June 29, 2023

LOS ANGELES, June 29, 2023 /PRNewswire/ -- Battery electric vehicles (EVs) have gained popularity in recent years with market share rising from a low single digit to 8% of new vehicle sales in the first quarter of 2023. Propelling this growth are more available EV products being chased by more buyers looking to enjoy the cost efficiencies EVs promise. As consideration grows for EVs, Mercury Insurance (NYSE: MCY) has some advice on the insurance implications between EVs and Internal Combustion Engine vehicles (ICEs), an important factor in the "total cost of ownership" equation.

Key Points: 
  • Propelling this growth are more available EV products being chased by more buyers looking to enjoy the cost efficiencies EVs promise.
  • As consideration grows for EVs, Mercury Insurance (NYSE: MCY) has some advice on the insurance implications between EVs and Internal Combustion Engine vehicles (ICEs), an important factor in the "total cost of ownership" equation.
  • What we're finding is that the added technology in EVs that make them appealing is also making some of them more expensive to repair," said Chong Gao, Mercury Insurance Director of Research & Development.
  • When the time comes to shop for the next new vehicle, Mercury Insurance experts recommend considering all aspects of your purchase.

Original Metaverse Second Life Celebrates 20th Birthday

Retrieved on: 
Thursday, June 22, 2023

Second Life – the leader in virtual worlds, metaverse innovations, and pioneer of virtual economies – announced today its 20th birthday celebration, also known as “SL20B,” beginning on June 22, 2023.

Key Points: 
  • Second Life – the leader in virtual worlds, metaverse innovations, and pioneer of virtual economies – announced today its 20th birthday celebration, also known as “SL20B,” beginning on June 22, 2023.
  • A thriving economy exists in Second Life: tens of thousands of creators around the world profit from selling millions of virtual items and services on Second Life’s marketplace, with more than 1.6M transactions within Second Life every day.
  • While others continue to try, no other company has come close to building a world like Second Life,” said Philip Rosedale, Founder of Second Life.
  • “We’re proud and humbled by how our hundreds of thousands of residents have created positive, supportive, and accepting communities within Second Life,” said Brad Oberwager, CEO and Executive Chairman of Second Life.