Fireworks

Petrol, pricing and parking: why so many outer suburban residents are opting for EVs

Retrieved on: 
Wednesday, March 13, 2024

Teslas and Polestars are expensive, leaving them as playthings for wealthier Australians and out of reach for the mortgage belt.

Key Points: 
  • Teslas and Polestars are expensive, leaving them as playthings for wealthier Australians and out of reach for the mortgage belt.
  • As residents in the outer suburbs reel from price rises seemingly everywhere, more and more are turning to electric vehicles (EVs) to slash their fuel bill.
  • Last year, EV orders for outer suburban residents (43%) overtook inner suburban residents (39%) for the first time.

Outer suburbs rely on cars

  • Research from 2020 shows most outer suburban residents who commute have to travel between 10 and 30 kilometres.
  • This affects outer suburban, rural and regional residents the most, given they cover the most distance.
  • Outer suburban residents are more likely to have solar on their rooftops than inner suburban residents in Sydney and Melbourne.
  • In fact, the outer suburbs are better placed than inner suburbs in terms of charging cheaply.
  • In the inner suburbs, space is at a premium and many houses do not have off-street parking.
  • But outer suburban homes tend to have off street parking or a garage, which means you can charge cheaply at home.

EVs versus the cost of living

  • It would make financial sense for many of us to switch to EVs to take advantage of much cheaper running and maintenance costs.
  • But the higher up-front cost of EVs has long been a disincentive.
  • In Australia, the cheapest EVs now start from A$40,000, though most still cost $60,000–$90,000.

What are governments doing?

  • Some state governments are trying to accelerate adoption with a range of incentives for EV owners, from subsidies to cheaper registration.
  • The interest was so strong in Victoria and South Australia that these governments have wound back some subsidies.
  • At a federal level, the proposed new vehicle efficiency standards will encourage carmakers to sell more fuel-efficient vehicles.

What’s next?

  • Outer suburban residents are buying electric vehicles for very good reasons: financial prudence, practicality and a cleaner future.
  • Read more:
    Electric vehicles are suddenly hot − but the industry has traveled a long road to relevance


Park Thaichon does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

Innovative New Media, The Brandr Group Launch NexGenNIL to Create Unique Co-Branded Experience for Brands and Student-Athletes

Retrieved on: 
Tuesday, February 20, 2024

NexGenNIL will provide brands with an end-to-end content solution to leverage the power of student-athlete voices and that drives revenue into the NIL ecosystem.

Key Points: 
  • NexGenNIL will provide brands with an end-to-end content solution to leverage the power of student-athlete voices and that drives revenue into the NIL ecosystem.
  • Innovative New Media will integrate, operationalize, and drive demand from universities' collective partners and their sponsors seeking to align with student-athletes.
  • Brands will direct campaign placements on specific NexGenNIL partner publishers as well as target specific geographic and demographic targets.
  • The Brandr Group (TBG) is a brand management, marketing and licensing agency powered by a team with decades of collective management experience for some of the world's largest brands.

Orion Energy Systems’ EV Charging Business (Voltrek), Secures Major EV Charger Project for Long-Time Municipal Customer

Retrieved on: 
Wednesday, February 28, 2024

MANITOWOC, Wis., Feb. 28, 2024 (GLOBE NEWSWIRE) -- Orion Energy Systems, Inc. (NASDAQ: OESX) ( Orion Lighting ), a provider of energy-efficient LED lighting, electric vehicle (EV) charging stations, and maintenance services, announces that its EV charging business, Voltrek, has successfully secured a substantial project from a long-time municipal customer.

Key Points: 
  • MANITOWOC, Wis., Feb. 28, 2024 (GLOBE NEWSWIRE) -- Orion Energy Systems, Inc. (NASDAQ: OESX) ( Orion Lighting ), a provider of energy-efficient LED lighting, electric vehicle (EV) charging stations, and maintenance services, announces that its EV charging business, Voltrek, has successfully secured a substantial project from a long-time municipal customer.
  • The project involves the installation of 43 electric vehicle chargers strategically placed throughout various municipal locations to address the customer’s growing EV fleet.
  • The comprehensive project, valued at more than $1 million, will incorporate a mix of Level 2 Chargepoint Fleet CPF50 and Level 3 Chargepoint CPE250 EV chargers.
  • Kathleen Connors, President of Voltrek, expressed enthusiasm about the collaboration, stating, “We are excited to provide our long-time customer with a world-class turnkey EV charging installation experience as they make their transition to an EV fleet.

Latest Mitchell Data Shows Continued Increase in Electric Vehicle Collision Claims

Retrieved on: 
Thursday, March 7, 2024

SAN DIEGO, March 7, 2024 /PRNewswire/ -- Mitchell, an Enlyte company and leading technology and information provider for the Property & Casualty (P&C) claims and Collision Repair industries, today announced the publication of its latest trends report: Plugged-In: EV Collision Insights. This issue provides a year-over-year analysis of EV claims volume, which increased in 2023 by more than 40% in the U.S. and Canada.

Key Points: 
  • SAN DIEGO, March 7, 2024 /PRNewswire/ -- Mitchell, an Enlyte company and leading technology and information provider for the Property & Casualty (P&C) claims and Collision Repair industries, today announced the publication of its latest trends report: Plugged-In: EV Collision Insights .
  • This issue provides a year-over-year analysis of EV claims volume, which increased in 2023 by more than 40% in the U.S. and Canada.
  • "2023 was a record year for electric vehicles," said Ryan Mandell, Mitchell's director of claims performance.
  • The publication also details the top North American regions and vehicle models associated with EV collision claims in 2023.

BIZCLIK MEDIA LAUNCHES MARCH EDITION OF EV MAGAZINE

Retrieved on: 
Wednesday, March 6, 2024

LONDON, March 6, 2024 /PRNewswire/ -- BizClik, the UK's fastest-growing publishing company, has published the latest edition of EV Magazine. This publication is highly regarded within the EV sector for its in-depth reports and interviews with prominent figures.

Key Points: 
  • The March edition of EV Magazine includes interviews with leading experts and executives from TCS, JLR, Dow, Harrison Street and more.
  • LONDON, March 6, 2024 /PRNewswire/ -- BizClik, the UK's fastest-growing publishing company, has published the latest edition of EV Magazine .
  • The edition also contains extensive interviews with key thought leaders from Harrison Street and Dow, along with the Top 10 EV Technology Companies.
  • You can visit EV Magazine for daily news and analysis of the ever-changing industry.

BIZCLIK MEDIA LAUNCHES MARCH EDITION OF EV MAGAZINE

Retrieved on: 
Wednesday, March 6, 2024

LONDON, March 6, 2024 /PRNewswire/ -- BizClik, the UK's fastest-growing publishing company, has published the latest edition of EV Magazine. This publication is highly regarded within the EV sector for its in-depth reports and interviews with prominent figures.

Key Points: 
  • The March edition of EV Magazine includes interviews with leading experts and executives from TCS, JLR, Dow, Harrison Street and more.
  • LONDON, March 6, 2024 /PRNewswire/ -- BizClik, the UK's fastest-growing publishing company, has published the latest edition of EV Magazine .
  • The edition also contains extensive interviews with key thought leaders from Harrison Street and Dow, along with the Top 10 EV Technology Companies.
  • You can visit EV Magazine for daily news and analysis of the ever-changing industry.

Eurelectric: Break down data silos to accelerate e-mobility

Retrieved on: 
Wednesday, March 6, 2024

Sales grew by 25% in 2023, with EVs accounting for more than one in five new cars sold.

Key Points: 
  • Sales grew by 25% in 2023, with EVs accounting for more than one in five new cars sold.
  • Competition between the EU, US and China over EV production is getting fierce, meanwhile, different players of the e-mobility ecosystem keep their  own  data in silos.
  • Data should become interoperable across the entire value chain by establishing standardised protocols, roaming networks for charging, grid congestion heat maps and common platforms to break  down  data silos.
  • – adds Serge Colle, EY's Global Energy & Resources Leader
    Eurelectric calls on policymakers to integrate safe data interoperability across all e-mobility-related regulatory frameworks to accelerate EVs adoption, starting with the foreseen in-vehicle data act.

EV Safety Inc Secures Pre-Seed Finance Round From Former SpaceX Director

Retrieved on: 
Wednesday, March 6, 2024

FORT LAUDERDALE, Fla., March 6, 2024 /PRNewswire/ -- While the growth of EV sales continues upward, Firefighters, Governments and property owners around the world are seeking the safest methods of containing and extinguishing lithium ion battery fires. EV Safety Inc provides NFPA 701 standard compliant EV Fire Blankets, as well as their exclusive products such as automotive service bay EV Fire Curtains and Thermal Parking Fire Barriers for indoor parking facilities, Auto Dealerships and charging stations.

Key Points: 
  • EV Safety Inc provides NFPA 701 standard compliant EV Fire Blankets, as well as their exclusive products such as automotive service bay EV Fire Curtains and Thermal Parking Fire Barriers for indoor parking facilities, Auto Dealerships and charging stations.
  • Former SpaceX Director Funds EV Safety Inc, Company That Holds EV Fire Suppression IP.
  • "I have worked extensively with LiIon cells and batteries throughout my career, including building ruggedized batteries for SpaceX launch vehicles and spacecraft.
  • Lucarelli is a former eBay Motors Director and has held management positions at COX Automotive and Edmunds.com.

Eurelectric: Break down data silos to accelerate e-mobility

Retrieved on: 
Wednesday, March 6, 2024

Sales grew by 25% in 2023, with EVs accounting for more than one in five new cars sold.

Key Points: 
  • Sales grew by 25% in 2023, with EVs accounting for more than one in five new cars sold.
  • Competition between the EU, US and China over EV production is getting fierce, meanwhile, different players of the e-mobility ecosystem keep their  own  data in silos.
  • Data should become interoperable across the entire value chain by establishing standardised protocols, roaming networks for charging, grid congestion heat maps and common platforms to break  down  data silos.
  • – adds Serge Colle, EY's Global Energy & Resources Leader
    Eurelectric calls on policymakers to integrate safe data interoperability across all e-mobility-related regulatory frameworks to accelerate EVs adoption, starting with the foreseen in-vehicle data act.

EV Range's Charging Network now includes LG electric vehicle charger

Retrieved on: 
Monday, March 4, 2024

EV Range is the first electric vehicle charging software network authorized to distribute these new LG chargers.

Key Points: 
  • EV Range is the first electric vehicle charging software network authorized to distribute these new LG chargers.
  • All LG chargers sold by EV Range are preconfigured to be remotely managed via the EV Range charger station management software and accessible to consumers with the EV Range pay app.
  • "We are thrilled to introduce the LG charger to our network," said Carl Pancutt, CEO of EV Range.
  • "Combining EV Range's best in class cloud-based Charger Station Management Software, customizable EV Range pay app, and 24-7 support services with LG's new EV charging station is a combination that exemplifies the best in electric vehicle charging innovation.