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An electric car is an automobile that is propelled by one or more electric motors, using electrical energy stored in rechargeable batteries or another energy storage device. Electric motors give electric cars instant torque, creating strong and smooth acceleration. They are also around three times as efficient as cars with an internal combustion engine. The first electric cars were produced in the 1880s. Since 2008, a renaissance in electric vehicle manufacturing has occurred due to advances in batteries and energy management, concerns about increasing oil prices, and the need to reduce greenhouse gas emissions. Several national and local governments have established tax credits, subsidies, and other incentives to promote the introduction and adoption in the mass market of new electric vehicles depending on battery size and their all-electric range. Electric cars are significantly quieter than conventional internal combustion engine automobiles. They do not emit tailpipe pollutants, giving a large reduction of local air pollution, and, can give a significant reduction in total greenhouse gas and other emissions (dependent on the method used for electricity generation). As of September 2015, there are over 30 models of highway legal all-electric passenger cars and utility vans available for retail sales, mainly in the United States, China, Japan, Western European countries. By mid-September 2015, about 620,000 light-duty electric vehicles have been sold worldwide out of total global sales of one million plug-in electric cars sold since 2008. The world's top selling highway-capable electric car is the Nissan Leaf, released in December 2010 and sold in 46 countries. Global Leaf sales passed the 200,000 unit milestone in December 2015, and the Tesla Model S, released in June 2012, ranks second with over 107,000 units sold worldwide. In this series, we cover stories covering the development of electric vehicles around the world.

Electric Car Series

Exclusive. Top economists call for budget measures to speed the switch to electric cars

Jun 20, 2021 12:05 pm UTC| Economy

Australias top economists overwhelmingly back government measures to speed the transition to electric cars in order to meet emission reduction targets. An exclusive poll of 62 of Australias preeminent economists ...

Electric Car Series

The trucking industry has begun to turn electric — but passenger vehicles will take a little longer

Apr 30, 2021 08:19 am UTC| Business

Australias trucking industry is making moves to go electric. The latest development a system for using swappable batteries instead of time-consuming recharge stations for long-haul trucks between Sydney and Brisbane ...

Electric Car Series

Tesla delivers 184,800 units in Q1 to surpass record, expectations

Apr 03, 2021 00:35 am UTC| Business

Tesla Inc posted record deliveries of 184,800 vehicles globally during the first quarter, beating Wall Street estimates of 177,822 vehicles, as solid demand for less expensive models offset the impact of a global shortage...

Electric Car Series

S. Korean, Japanese EV battery makers lose market share to Chinese rivals

Mar 31, 2021 23:42 pm UTC| Economy

The global market shares of South Koreas three electric vehicle (EV) battery makers LG Energy Solution, Samsung SDI Co., and SK Innovation Co dropped in the first two months of the year despite increases in shipments due...

Electric Car Series

BMW says electric cars to comprise 50% of sales by 2030

Mar 17, 2021 23:23 pm UTC| Business

BMW is targetting at least 50 percent of its deliveries by 2030 to be electric models, with its MINI brand becoming fully electric. The German carmaker added that around 90 percent of its market categories would be...

Electric Car Series

Honda to sell electric SUVs, hybrids in US to comply with zero emissions target

Mar 12, 2021 23:56 pm UTC| Business

Honda of America will offer two all-electric SUVs in the US in 2024 and offer hybrid gas-electric vehicles to comply with emissions-reduction targets and cope with Californias ban on sales of new internal-combustion...

Electric Car Series

Tesla adds $106 billion to market capitalization after shares surge almost 20%

Mar 10, 2021 08:05 am UTC| Economy

Tesla Inc shares soared nearly 20 percent on Tuesday, its largest daily gain in a year that added $106 billion to its market capitalization, due to increased China sales and improved ratings on the stock by New Street...

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Economy

China, the US, and India are expected to bear the brunt of the damage, with costs of $10 trillion, $2.5 trillion, and $850 billion.

Rising levels of obesity are set to cost the world economy 3.3 percent of GDP by 2060, slowing development in lower-income countries, according to a study published in BMJ Global Health. The conditions currently cost...

The acquisition of DSME, the world’s fourth-largest shipbuilder, boosts Hanwha’s key defense and green energy sectors.

Hanwha Group signed a conditional memorandum of understanding to acquire a 49.3 percent stake and managerial control of Daewoo Shipbuilding Marine Engineering Co. (DSME) The acquisition of DSME, the worlds...

Mubadala’s offer for BP Bunge Bioenergia could be worth over $1.7 billion.

Mubadala made the best offer for ethanol joint venture BP Bunge Bioenergia while revoking its tender offer to buy a controlling stake in Brazils Zamp SA, owner of the Burger King Brazil. The Valor Economico newspaper...

McDonald's Japan was forced to raise prices due to rising costs and weakening yen.

McDonalds is raising its menu prices in Japan, and this may affect about 60% of the restaurants offerings. It was reported that the increase is unavoidable due to the rising input costs and the exchange rates that are...

GSK appoints Julie Brown as its new CFO, and she is set to step down from her role in Burberry.

GSK, a British pharmaceutical and biotech firm that was formerly known as Glaxo Smith Kline plc, announced that it had hired Julie Brown to be its new chief financial officer. The company said on Monday, Sept. 26, that the...

Politics

Harris and Kishida stressed the importance of peace and stability in the contested waterway that China claims sovereignty over.

United States Vice President Kamala Harris and Japanese Prime Minister Fumio Kishida condemned China for its continued provocations in the contested Taiwan Strait. This comes as Harris is currently visiting the Asian...

A spokesperson for British PM Liz Truss said the government must control immigration in a way that also works for the country.

The spokesperson for British Prime Minister Liz Truss said this week that the government must control immigration in a way that works for the country. The comments come amidst reported calls by the interior minister for...

The EPA has launched the Office of Environmental Justice and Civil Rights aimed at helping minorities disproportionately affected by water and air pollution.

The United States Environmental Protection Agency unveiled its office for environmental justice over the weekend. The new office would be focused on the needs of minorities that have been heavily affected by...

The Moldovan government is considering revoking citizenship for Moldovans who hold dual citizenship that are joining Russian forces.

Moldovas pro-West president said Monday that the citizenship of its nationals who decide to fight for Russia in its war with Ukraine may be revoked. The move is being considered as part of the countrys sanctions for...

Science

Celltrion will receive US$10 million in milestone payments after successfully passing key stages of the development and approval cycle.

South Koreas Celltrion Inc. will jointly develop and work on the market release with Abpro Corp. of the US on a breast cancer treatment candidate ABP 10 Under the deal, Celltrion will receive US$10 million in milestone...

Current Canadian and American management efforts do not go far enough to decrease entanglement hazards and encourage the recovery of the North Atlantic right whale.

The Monterey Bay Aquariums Seafood Watch program added the American red lobster, caught in both US and Canada to its red list. Other species also added to the list are the snow crab, Atlantic rock crab, and others that...

The microscope unit, which also manufactures industrial endoscopes and x-ray analyzers, will be transferred to Bain on January 4, subject to antitrust regulatory approvals in Japan and elsewhere.

Olympus had agreed to sell its microscope unit to private equity firm Bain Capital for $3.1 billion as it speeds up the overhaul of its business portfolio to focus solely on medical technology The microscope unit, which...

The research team discovered that steamed mealworms emit a strong, corn-like odor, and when grilled or fried, they gave off a shrimp and frying oil-like scent.

South Korean researchers from Wonkwang University have developed a new process that uses edible insects to create meat-flavored seasoning. The research team came up with 98 volatile compounds with varying amounts of...

The resulting thermoplastic resin could be purified through a distillation process to make food-grade potassium lactate.

Wind turbine blades could eventually be recycled into gummies according to a Michigan State University professor, This was discussed during the American Chemical Societys fall conference, which kicked off in Chicago...

Technology

Report: Apple Pay Later feature could be delayed until spring 2023

Apple Pay users may have to wait longer than anticipated for the buy now, pay later feature. The new payment plan will be released as one of the new features in iOS 16, but a new report suggests the Apple Pay Later might...

A new MacBook Air with a larger 15-inch display is expected to be one of the new Apple devices to enter the market in 2023

Apple is expected to close this year with the announcement of new Mac devices next month. But reports on what products the tech giant plans to unveil in 2023 are already making the rounds online, and it might include an...

Google offers a closer look at Pixel Watch’s design ahead of October 6 event

There is only a little over a week left before Google launches a new slate of Pixel-branded devices, including the Pixel Watch. But thanks to a mix of early teasers and leaks, details about the smartwatchs design and...

Sony says a game’s 'premium release' should come first before it goes to a subscription service

Sony is adamant that subscription services like PlayStation Plus are not the best venue to launch new video games. A company executive said Sony prioritizes a new titles premium release but noted that PS Plus can serve an...
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