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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

Wrong way, go back: a proposed new tax on electric vehicles is a bad idea

Dec 24, 2019 08:15 am UTC| Insights & Views Technology

In recent years, false claims have circulated that electric vehicles are breaking our roads because they dont use fuel and so their drivers dont pay fuel excise. Heeding such concerns, both the Victorian and New South...

Electric Car Series

Love it or hate it, Tesla's Cybertruck is revolutionary

Dec 04, 2019 11:23 am UTC| Insights & Views Technology

With a collective gasp and puzzled looks, the world was recently introduced to Teslas newest vehicle. The so-called Cybertruck is an angular, stainless steel, all-electric pickup truck that quickly became...

Electric Car Series

Sweden's new road powers electric vehicles – what's the environmental impact?

Apr 21, 2018 16:18 pm UTC| Insights & Views Technology

Sweden has built the first smart road that will allow electric vehicles to charge as they drive. The eRoadArlanda pilot scheme, which covers two kilometres of road outside Stockholm, is an attempt to solve one of the...

Electric Car Series

Why don't electric cars look like the future?

Jan 09, 2018 15:34 pm UTC| Insights & Views

Electric cars were supposed to be the future or at least look like it. So now theyre here, why do they still look like ordinary petrol and diesel cars and not dazzling props from a science fiction film. Before they hit...

Electric Car Series

End of the road for traditional vehicles? Here are the facts

Oct 10, 2017 13:32 pm UTC| Insights & Views

New sales of petrol and diesel cars will be banned by 2040 in the UK, which has since been joined by France. Sweden and Scotland will impose the ban by 2032, and Norway by 2025. Coupled with increasing concern over the...

Electric Car Series

Jobs, tax and politics: three ways electric vehicles will change our world

Oct 06, 2017 00:15 am UTC| Insights & Views Technology Economy

China, the worlds largest car market, is working on a timetable to stop the production and sale of vehicles powered by fossil fuels. India has declared its intention to make all new vehicles electric by 2030. Like...

Electric Car Series

New Mercedes-Benz Maybach Convertible Is An Electric Car Enthusiast’s Dream

Aug 21, 2017 06:24 am UTC| Technology

Anyone who has been following the development of the electric car for decades will remember a time when analysts and so-called experts said that such vehicles would never be sexy enough for the masses. Then Tesla came...

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Economy

FxWirePro: Spotlight On CBT Amid Sluggish Turkish Growth – Bid 3M USD/TRY Skews Ans Hedge

Turkeys central bank pulled forward a scheduled MPC meeting by two days and implemented a 100bps emergency rate cut yesterday. The CB reduced the 1-week repo rate from 10.75% to 9.75% and lowered RRR on all FX deposits by...

FxWirePro: BoC’s Rate Cuts on Cyclical Effects of Covid-19 - USD/CAD Risk-Off Call Ratio Spread

Over the weekend, the Bank of Canada cut its key interest rate by another 50 bp, after it had lowered its key interest rate from 1.75% to 1.25% at its regular meeting. The BoC also said that it was ready to take further...

Coronavirus and Spanish flu: economic lessons to learn from the last truly global pandemic

As news of the global spread of coronavirus disease (COVID-19) emerged, global financial markets reacted pessimistically and behaved in ways not seen since the 2008 financial crisis. But fully understanding the potential...

Cash handout of $750 for 6.5 million pensioners and others receiving government payments

A payment of $750 will be made from the end of this month to about 6.5 million people as part of the governments $17.6 billion stimulus package aimed at keeping Australia out of a recession caused by the impact of the...

Tokyo Olympics: how coronavirus is affecting preparations

The World Health Organizations decision to officially recognise the coronavirus outbreak as a global pandemic means organisers are facing difficult decisions on whether to go ahead with major sporting events. There were...

Politics

Joe Biden beats Donald Trump in three recent polls

Joe Biden beats President Donald Trump in three polls released last week. What was surprising is that Biden was able to pull off the feat despite the recent resurgence in Trumps popularity as his administration confronts...

Donald Trump won’t quarantine but issues travel advisory for coronavirus ‘hot spots’ New York, New Jersey, and Connecticut

The rate of coronavirus spread in the United States has alarmed everyone. In just a couple of weeks, the U.S. outpaced Italy and China becoming the country with the most number of confirmed COVID-19 infections. Various...

Barack Obama joins Steph Curry and Dr. Fauci’s Coronavirus conversation

Golden State Warriors guard Steph Curry recently chatted live with Dr. Anthony Fauci, the National Institute of Allergy and Infectious Diseases director and a member of the White Houses task force for the coronavirus...

Donald Trump still wants to ease coronavirus restrictions despite the U.S. now becoming the top country with most COVID-19 cases

Despite warnings from medical experts on the potential dangers involved, it seems that President Donald Trump is bent on easing up coronavirus restriction by Easter. In a letter to state governors, Trump said that the...

US President Donald Trump reveals why he wants the lockdown to end by Easter Sunday

The growing pandemic that is the coronavirus or COVID19 has resulted in the United States implementing a lockdown, leaving many out of a job or working remotely. President Donald Trump, on the other hand, revealed his hope...

Science

NASA Astronaut Jessica Meir shares photo of Earth at night

In the midst of all the fear and panic surrounding the coronavirus pandemic all over the world, many are also in search of some good news. Recently, NASA astronaut Jessica Meir shared a photo of the Earth being illuminated...

Coronavirus update: Possible scenarios on how the pandemic will come to an end

The coronavirus or COVID19 may currently be disrupting everyday lives, but there is a time where it will end. With that in mind, it bears wondering just how will the pandemic come to a halt. With hundreds and thousands...

Asteroids: 590-foot space rock to arrive on Friday

NASAs asteroid trackers spotted an asteroid heading towards Earth at a rapid pace. Scientists predict that this asteroid will be arriving and passing by the planet later this week. Express reports that asteroid 2012...

Aliens: Experts believe Mercury once had components for life

Space agencies are continuing their search for possible signs of life beyond Earth in their missions to nearby planets like Mars. Recently, some experts believe that another planet once had the essential components for...

Technology

Tesla employees found positive for coronavirus

A couple of Tesla employees have reportedly tested positive for coronavirus as the company joins the private sectors efforts to help provide the lack of medical equipment to combat the COVID-19 pandemic. Tesla CEO Elon...

AirPods 3 wish list: 3 things to expect and 1 unlikely feature

One of Apples biggest successes in 2019 was the announcement of AirPods Pro, but it might be too pricey for some consumers. There may still be a significant demand for a new truly wireless earbuds from Apple with a less...

iOS 14 code allegedly leaked a no-notch iPhone 12 design

The iOS 14 update is only a few months away from being unveiled, so it is not surprising that alleged leak codes have started to make headlines. Recently, a report claimed that an iOS 14 code was containing a supposed...

‘PUBG Mobile’ is getting a new map set in a massive library

There are many reasons to be excited about the upcoming patches for PUBG Mobile. A new map has been spotted along with a new game mode in beta while fans have yet to hear about the Erangel 2.0 again. Next PUBG Mobile...
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