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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

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...

Electric Car Series

The economic black hole at the heart of the shift to electric vehicles

Aug 07, 2017 16:02 pm UTC| Insights & Views Economy

The ban on the sale of new diesel and petrol cars and vans from 2040 is perhaps the most significant policy announcement made by the UK government in the past decade (with the possible exception of Brexit). It feels like a...

Electric Car Series

How electric vehicles could take a bite out of the oil market

Jul 27, 2017 10:13 am UTC| Insights & Views Economy

When will cars powered by gas-guzzling internal combustion engines become obsolete? Not as soon as it seems, even with the latest automotive news out of Europe. First, Volvo announced it would begin to phase out the...

Electric Car Series

Volvo To Go Full Electric, Says Goodbye To Gas Cars

Jul 08, 2017 16:28 pm UTC| Technology

While it still remains one of the most well-known luxury brands of cars in the business, Volvo is not about to wait until it becomes left behind by current trends. As a result, the company has announced that it will be...

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Economy

USD/INR likely to head for 65.00 mark amid intensifying risk aversion arising from India’s widening trade deficit, says Scotiabank

The USD/INR currency pair is expected to head for the 65.00 mark amid intensifying risk aversion arising from Indias widening trade deficit, the PNB fraud, and rising 10-year U.S. Treasury yield, after rallying through the...

New Zealand bonds end higher after dairy prices fall at GlobalDairyTrade price auction; eyes on Q4 retail sales

New Zealand government bonds ended Wednesdays session on a higher note after dairy product prices declined at the overnight GlobalDairyTrade auction, sliding for the first time this year after three consecutive...

Australian wage growth picks up in Q4, driven by rise in public sector wages

Australias wage growth finally looks to be picking up, posting the first upward surprise since Q4 2013. The strength was concentrated in public sector wages but some catch-up in private wages in Q1 this year is expected as...

Japanese bonds trade nearly flat as investors eye January inflation data

Japanese bonds traded nearly flaton Wednesdayas investors eyed January consumer inflation data scheduled to be releasedon Thursdayat23:30GMT. Also, the market now look ahead to the marquee event for the week in...

Japanese bonds trade nearly flat as investors eye January inflation data

Japanese bonds traded nearly flaton Wednesdayas investors eyed January consumer inflation data scheduled to be releasedon Thursdayat23:30GMT. Also, the market now look ahead to the marquee event for the week in...

Politics

Hunger in the lucky country – charities step in where government fails

The non-profit organisation Foodbank released its report Fighting Hunger in Australia this month. Like earlier research it reported that around 15% of Australians experienced food insecurity an extraordinary figure...

For black celebrities like Oprah, it's impossible to be apolitical

Oprah Winfreys rousing Golden Globe speech has many speculating whether the media mogul will become a presidential candidate in 2020, with some pundits questioning the merits of another celebrity president. But to...

Politicians are inflating the evidence used to justify tax increases

Chris Doucouliagos, Professor of Economics, Department of Economics, Deakin Business School and Alfred Deakin Institute for Citizenship and Globalisation, Deakin University Many government policies are flawed because...

GOP tax plan doubles down on policies that are crushing the middle class

The U.S. middle class has always had a special mystique. It is the heart of the American dream. A decent income and home, doing better than ones parents, and retiring in comfort are all hallmarks of a middle-class...

What does Ramaphosa's victory mean for South Africa's economy?

A great deal is expected from Cyril Ramaphosa who was elected as the president of South Africas governing party, the African National Congress (ANC). This positions him to become the countrys president in 2019. Sibonelo...

Science

UBI Helps People Be More Productive And Work More, Study Claims

The topic of universal basic income (UBI) has been a hot-button issue among economists, financial experts, legislators, and tech industry giants for years. Some say that it will increase productivity while others claim the...

Startup Raises $250M To Use Placenta To Extend Life And Cure Cancer

Companies have been trying to unlock the secrets to regenerative medicine for years and one startup just raised $250 million by intending to use human placenta to do so. The company believes that using the disposable...

Ozone Layer Update; Not Recovering As Expected For Unknown Reasons

In the late 90s, the issue regarding the hole in the ozone layer was big in the public consciousness, but it quickly faded in light of a new gigantic threat in the form of climate change. In recent years, scientists have...

Early Britons Had Dark Skin And Curly Hair, Research Claims

Most people have gotten used to the idea that the British Isles have always been populated with light-skinned, straight-haired humans that are predominantly found in todays UK. However, research indicates that this was...

Scientists Wants To Use Poison As Male Birth Control

The pharmaceutical industry or indeed the drug market has historically used a variety of organic substances and resources to create medicine for various applications. Several poisonous plants, for example, have been turned...

Technology

Valve Slams The Ban Hammer On Developer Over Fake Reviews

Fake reviews have been around for a long time, but companies have been largely successful at stamping them out to the point that they are no longer an epidemic. A recent example of how online entities now deal with fake...

Tesla's 'virtual power plant' might be second-best to real people power

The South Australian government and Tesla recently announced a large-scale solar and storage scheme that will distribute solar panels and batteries free of charge to 50,000 households. This would form what has been...

SpaceX Internet Is One Step Closer To Reality, Satellite Launch Backed By FCC Chair

Elon Musks private space agency, SpaceX has been considering launching satellites into space with the main goal of delivering high-speed broadband internet connection. This ambition is now one step closer to becoming a...

Facebook Sinks To New Lows, Uses Two-Factor Authentication To Spam Users

The two-factor authentication system is meant to provide users with extra security to protect themselves from threats like getting hacked or getting spammed. Facebook, like many other tech companies these days, employs...

Facebook Slammed For Offering VPN That Does The Opposite Of What VPNs Do

Virtual private networks (VPN) are supposed to help users get away from the usual data-tracking schemes that both tech companies and governments have been cooking up. They basically cover the users tracks, thus allowing...
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February 21 07:00 UTC Released

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