The future in motion since 1998™

May 18, 2024 11:29:43 UTC

EDITOR’S CHOICE

13 ways to look at Biden’s new China tariffs

May 16, 2024 | Short content

“The US imports relatively few electric vehicles from China, and the few vehicles we import – those made by Chinese brands Volvo and Polestar – may not be affected by these tariffs…

“Many of these categories were already facing trade tariffs imposed by the (previous) administration, and Biden has now increased them… impacting sectors where China now dominates the global industry. The longer timeline suggests the White House is trying not to disrupt the economy. the short-term market is too much… giving companies a deadline to diversify their supply chains.”

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A second wave of EV shoppers is coming, but current demand is still an issue

May 16, 2024 | Short content

“Today’s electric vehicle skeptics are on track to become the next EV buyers, Cox Automotive said… in a report… sees a ‘second, significant wave’ of EV buyers by the second half of the decade. However, research has shown that almost half of all people buying a car today will not consider an electric car… within the next decade, ‘80% of today’s skeptics will be willing to consider an electric car as more barriers are falling…’

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This new app is designed to work like Airbnb for electric vehicle charging

May 16, 2024 | Short content

“Plug Inn, from Renault and Publicis Sapient, is winner of Fast Company’s World Changing Ideas Awards 2024.

“…drivers take a road trip and can schedule stops at private chargers along their route. Homeowners with EV chargers can make some extra money in the meantime… Since its launch last year, more than 75,000 people have downloaded the app and there are “More than 1,000 charging points are now listed.”

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Michigan is seeking compensation from fossil fuel giants for climate change damage

May 16, 2024 | Short content

“Michigan Attorney General Dana Nessel has launched a landmark legal challenge against fossil fuel companies, holding them accountable for their role in climate change and its impact on the state.

“…places Michigan among a growing list of local, tribal, and state governments seeking compensation for climate-related damages…the state draws on its successful litigation history against other industries, such as opioid manufacturers and chemical companies…”

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Coal production in Wyoming is plummeting, with more problems ahead

May 16, 2024 | Short content

“Some coal mines in Wyoming are likely facing extinction-level headwinds – even before the prospect of new federal rules to reduce coal pollution taking effect in 2032…

“A mild winter in the US, which coincides with April being the 11th consecutive warmest month on record across the globe, helped reduce demand for Wyoming thermal coal. Coal’s share of the US electricity market has fallen to less than 15%. ..”

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Tariffs on China are not the way to win the EV arms race – getting serious about EVs is

May 13, 2024 | Short content

“…rather than de facto banning competitors from giving Americans access to affordable new electric cars, the US should instead try to make affordable new electric cars itself.

“…allegations that China is ‘dumping’ electric cars on overseas markets, along with Europe – which also subsidizes its own EV industry… The irony is that if Chinese taxpayers subsidize production before sending those cars abroad , which represents a transfer of wealth from Chinese taxpayers to American taxpayers.”

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Ultra-high-density battery vests give next-generation soldiers twice the energy

May 13, 2024 | Short content

Amprius claims its ultra-dense batteries will double the runtime of existing solutions, allowing soldiers to stay outside longer without having to stop to charge…SiMaxx cells offer energy densities of up to 500 Wh/kg per weight and 1,300 Wh/kg on a volume basis

“In addition to high-performance wearables, Amprius’ battery technology has attracted interest from the electric aviation, satellite and drone industries and featured prominently in the Solar Car Challenge, capturing the top four at last year’s event.”

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Ethiopia shows us how quickly the transition to electric mobility can happen in Africa

May 13, 2024 | Short content

“Ethiopia has a population of 126 million, but the total number of registered vehicles in Ethiopia is approximately 1.2 million. Most of these vehicles are older than 20 years.

“…The Ministry of Transport and Logistics recently said that this goal of more than 100,000 electric vehicles has already been achieved in the first two years of this plan!

“…in just two years, locally assembled EVs and imported EVs have added almost 10% of the current total ICE vehicle registrations in Ethiopia!”

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The infrastructure needed to support flying car travel

May 13, 2024 | Short content

Just like with airplanes, we need an extensive network of air traffic management authorities in every country. There is also one important thing: the sky is not empty. Air traffic control for such cars will require extensive communication with that of aircraft.

“As fun and futuristic as the newer eVTOLS may seem, companies that make flying cars will also have to consider safety and noise regulations.”

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Ramit Sethi Says Car Payments Are a ‘Wealth Killer’ – Here’s Why

May 13, 2024 | Short content

“…more than 100 million Americans have taken out car loans…taking out car loans also means that these same Americans are now stuck in debt and paying high interest rates. The money spent on paying off an expensive car is no longer available to spend on building wealth.

“Rather than looking at the monthly payment, Sethi recommends using ratios instead… start by choosing a car you can afford and not the car you think you should have.”

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