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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

Shell Started Offering Electric Charging Stations, Big Change For Big Oil

Feb 07, 2017 03:53 am UTC| Technology

Fossil fuel is on the decline in terms of use and interest among consumers, and companies in the oil industry know this. Thats why its not a big surprise that Shell has started offering charging stations for electric...

Electric Car Series

Five reasons why you might be driving electric sooner than you think

Jan 26, 2017 14:21 pm UTC| Insights & Views Technology

There is huge potential for using electric vehicles to tackle climate change, give us cleaner air and grow the green economy. The question is, when it will make sense for most of us to ditch diesel and petrol, and go...

Electric Car Series

Tesla Free And Clear, No Defects Found In Autopilot

Jan 20, 2017 09:58 am UTC| Technology

For months, Tesla Motors has been under a magnifying glass after traffic incidents occurred involving their vehicles equipped with Autopilot. The car company just had a major thorn pulled from its side with the National...

Electric Car Series

China And Europe Leaves US In The Dust In Electric Car Shift

Jan 16, 2017 11:56 am UTC| Technology

Tesla may be one of the most recognizable brands in terms of electric cars in the world right now, but according to new data, the U.S. is lagging behind in the adoption of green vehicles compared to China and Europe. This...

Electric Car Series

Plug-in Hybrids Made 30% More Efficient, President Obama Declared Fossil Fuel Industry Dead

Jan 11, 2017 06:21 am UTC| Technology Politics

Its widely accepted that electric vehicles or plug-in hybrids are more efficient than cars that run on gas. However, researchers recently managed to increase the efficiency of plug-in hybrids by up to 30 percent. This is...

Electric Car Series

Solar Powered Island By Tesla’s SolarCity Initiative

Nov 25, 2016 09:02 am UTC| Technology

Elon Musk, the famous CEO billionaire of Tesla Motors, has never been shy about expressing ambitious goals. One of his biggest projects is SolarCity, which is meant to be a benchmark for powering the planet using clean...

Electric Car Series

Tesla Will Thrive Under Trump, CEO Elon Musk Says

Nov 21, 2016 08:24 am UTC| Technology

With the election of Donald Trump as the next to take the seat as the President of the United States, there are fears that he could take away zero-emission vehicle credits. These are basically incentives to help both...

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Economy

French government bonds and EUR under pressure ahead of upcoming French presidential election

Upbeat data from the euro area this week, with strong manufacturing PMIs and German ifo readings failed to boost the single currency. French government bonds and the EUR remain under pressure, as investors remain focused...

U.S. jobless claims suggest favorable labor market, upcoming payroll data key for shaping rate hike expectations

Minutes of the Federal Reserves Jan. 31-Feb monetary policy meeting published earlier this week on Wednesday showed that many policymakers believed another interest rate hike might be appropriate fairly soon if labor...

Banxico amplifies toolkit to support peso without Forex reserves

On February 21, Mexicos central bank announced that it will offer up to $20 billion in forex hedges, starting with a first auction of up to $1 billion on March 6. With the new measures the central bank aims to support the...

FOMC minutes provide no clear signal of March rate hike

Release of the minutes of the Federal Reserves 1st February meeting showed that many members noted that it might be appropriate to raise the federal funds rate again fairly soon if incoming information on the labour market...

Chinese house prices show further signs of cooling in January

House prices in Chinas largest cities in January rose marginally to 64.3 percent, the lowest rise in the last 12 months, data from the National Bureau of Statistics showed Wednesday. Out of the 70 cities analysed by the...

Politics

Dems Want To Probe Trump Over Lax Security Practices

Just to add to Donald Trumps increasingly full plate of political troubles, House Democrats are now pushing for an investigation into the new presidents tendency to practice weak security measures. The representatives are...

US under Trump Series: Learn honesty from Berkshire Hathaway’s Charlie Munger

Data from Edelman Trust Barometer of 2017 shows that the public trusts in the news media in the United States have declined to the lowest level ever. Only 32 percent of the American Public trusts the news media, which is...

Words, Tweets and Stones in the "Political Correctness" Wars

Last year, a friend alerted me to an opinion article which included the unusual story of Tim Hunt, a Nobel-Prize winning chemist. At a conference in Korea, Hunt ventured regrettably outside of his expertise. He...

Five lessons Trump could learn from Lincoln

How will Donald Trump observe Presidents Day? Will he have the inclination or take the time to read about or reflect on the qualities of our greatest leaders? Given how busy Trump is issuing executive orders,...

Universal Credit: from benefits panacea to government blunder

Only a fraction of the households in the UK originally intended to be receiving a new one-stop benefit payment in 2017 are currently doing so. As of January 12 2017, 960,000 claims have been made for Universal Credit and...

Science

50,000 New Seed Deposits Go To Doomsday Vault In Norway

Norways Svalbard Global Seed Vault or the Doomsday vault, as it is more commonly known, is home to countless species of plants and crops. The facility is meant to house and protect these seeds so that in the event of a...

Scientists Dare To Ask If Gene Editing Is A Human Right

For the longest time, humans have had to accept that they had limitations due to their genetics. With the advent of powerful gene-editing tools like CRISPR, however, this is no longer the case. Now, humans can potentially...

Scientists Think The Arctic Can Be Refrozen If They Had $500B

A lot of climate experts, global leaders, and financial giants have already declared Climate Change as the single biggest threat that humanity is facing as a species. Unfortunately, there are still a lot of people and...

Scientists Created Foldable Shields That Can Stop Bullets, Light And Portable Protection

Law enforcement officials are facing constant danger as part of their duties, which is why they need all the protection that they can get. Body armor, helmets, and padding are all provided to police officers, FBI agents,...

Organic molecules found on giant asteroid Ceres – why that's a such a huge deal

Sometimes, I think scientists are just that little bit too modest. A new paper in Science has a humdinger of a title: Localized aliphatic organic material on the surface of Ceres. It doesnt exactly trip off the tongue and...

Technology

Tesla To Offer Life Insurance Bundle With All Future Car Purchases

Elon Musks electric car company has had to contend with questions with regards to how safe its vehicles are to drive after several traffic accidents involving its units resulted in death. Since then, Tesla has been cleared...

Google Launches New Tool For Fighting Trolls, Shares It With Developers

Trolls are practically an accepted part of the internet now, with many in various comment sections saying Welcome to the internet! to anyone who expresses astonishment at offensive statements on anything. It seems that...

Mass Effect: Andromeda First Impressions Roundup

BioWare recently gave certain video game media companies the opportunity to try the latest installment in the Mass Effect universe. With 3 hours to spend, reviewers eagerly dove into the demos and have been writing about...

Uber Gets Sued By Waymo Over Stolen Self-Driving Car Secrets

With so many tech companies vying for supremacy in the race for self-driving cars, some of them were bound to clash at some point. This is exactly what is happening between Googles driverless car division Waymo and the...

NASA Cargo Successfully Delivered To ISS Via SpaceX Dragon, Announces 7 Earth-Size Planets Around Nearby Star: Is This The Next Space Frontier?

SpaceXs the Dragon cargo ship containing over 2 tons of NASA supplies was finally captured by the robotic arm of the International Space Station (ISS). Astronauts Shane Kimbrough of NASA and Thomas Pesquet of the European...
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2017-02-24 21:06:35
0m

February 24 19:00 UTC Released

AREconomic Activity YY*

Actual

-0.1 %

Forecast

-0.6 %

Previous

-1.4 %

February 24 15:30 UTC Released

USECRI Weekly Annualized*

Actual

10.5 %

Forecast

Previous

11.1 %

February 27 00:30 UTC 25062506m

AUCompany Profits Pre-Tax*

Actual

Forecast

Previous

3.6 %

February 27 00:30 UTC 25062506m

AUBusiness Inventories*

Actual

Forecast

0.5 %

Previous

0.8 %

February 27 00:30 UTC 25062506m

AUGross Company Profits*

Actual

Forecast

8.0 %

Previous

1.0 %

February 27 09:00 UTC 30163016m

EZLoans to Non-Fin

Actual

Forecast

Previous

2.3 %

February 27 09:00 UTC 30163016m

ITFlash Trd Bal Non-EU*

Actual

Forecast

Previous

5.68 bln EUR

February 27 09:00 UTC 30163016m

EZMoney-M3 Annual Grwth*

Actual

Forecast

4.8 %

Previous

5.0 %

February 27 09:00 UTC 30163016m

EZLoans to Households*

Actual

Forecast

2.2 %

Previous

2.0 %

February 27 10:00 UTC 30763076m

EZCons Infl Expec

Actual

Forecast

Previous

14.5

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