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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

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...

Electric Car Series

Electric Cars Can Also Power Buildings When Parked, Researchers Say

Jun 17, 2017 03:11 am UTC| Science Technology

It seems there is one more reason to get an electric car other than to protect the environment. According to researchers, vehicles running on electricity can also power buildings without suffering battery drain or...

Electric Car Series

How electric car racing could one day challenge the spectacle of Formula One

May 25, 2017 13:30 pm UTC| Insights & Views Business

Motor racings most glamorous event, the Formula One Grand Prix in the glittering tax haven of Monaco is just around the corner. It is 67 years since drivers first took on the famous, twisty roads through the principality...

Electric Car Series

India Aims For Complete Electric Car Domination By 2030

May 04, 2017 11:36 am UTC| Technology

The world might be heading towards a more electric car-centric mindset, with more car companies producing excellent examples as a good indication, but India wants to be ahead of every other country in this regard. As a...

Electric Car Series

Another Electric Flying Car Will Be Market-Ready This Year

Apr 25, 2017 23:56 pm UTC| Technology

As yet another sign that the age of flying cars is on its way, a new contender in the electric flying personal vehicle has arrived. Called the Kitty Hawk Flyer, it was made by a company that was actually backed by Larry...

Electric Car Series

The Most Affordable Electric Vehicle In The Market

Apr 19, 2017 07:43 am UTC| Technology

Right now, Tesla is the biggest name in the electric car business, which is fuelled by the fact that it is now the most valuable auto company in the US. However, its vehicles arent exactly the most affordable options,...

Electric Car Series

Tesla Competitors Are Coming Out With Impressive Offers One After Another

Apr 12, 2017 14:39 pm UTC| Technology

At the moment, Tesla is the king of electric supercars that even surpass what some gas models can offer. Its Model S is faster, more efficient, and more stylish than most mid-range vehicles. On that note, a crown comes...

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Economy

U.S. Treasuries gain on short-covering amid muted trading session

The U.S. Treasuries jumped in an uneventful day with no economic data of note due for release. The yield on the benchmark 10-year Treasury, slumped 2-1/2 basis points to 2.24 percent, the super-long 30-year bond yields...

UK gilts tad higher in silent trading; investors eye Q2 GDP next week

The UK gilts traded tad higher Friday ahead of the countrys Q2 gross domestic product (GDP), scheduled for release early next week amid a silent trading session that witnessed data of little economic significance. The...

FxWirePro: Recession in US still far-fetched idea

There are many indicators like PMI reports, jobs reports, inflation, industrial output, business sales etc. that we take a look into in determining whether the US economy is slowing down and heading for a recession but...

Eurozone periphery bonds jump ahead of benchmark German manufacturing PMI

The Eurozone periphery bonds jumped as investors wait to watch the benchmark Germanys manufacturing PMI, scheduled for release early next week. The benchmark German 10-year bond yields, which moves inversely to its...

Bank Indonesia unlikely to change current monetary policy stance thorough 2017, says ANZ Research

Bank Indonesia (BI) is expected not to change its current monetary policy stance through 2017 and is keen to preserve the on-going stability in the bond and FX markets. The central banks decision to remain on hold in its...

Politics

Law expert: where the Brexit battles over the Repeal Bill will be fought in parliament

The most important national law governing the Brexit process has been tabled before parliament by the UK government. The proposed European Union (Withdrawal) Bill previously known as the Great Repeal Bill is likely to...

Modi's polarising populism makes a fiction of a secular, democratic India

After Donald Trump was sworn in as US president, The Times of India published a piece titled Why both Modi and Trump are textbook populists. Citing Jan-Werner Mllers What is Populism?, the journalist, Amit Varma, was...

Politicians jeopardise the safety of whistleblowers with bad technology

The Western Australian Liberal Party has created a website, www.wawhistleblowers.com, encouraging whistleblowers to report on WA public officers, government ministers and members of parliament. The site has already been...

Malawi set out to give students skills to support democracy. But it's not been easy

Like many other countries, Malawi was caught in the wave of democratic change that swept sub-Saharan Africa in the early 1990s. The wave was triggered by the fall of communism along with military and civilian dictatorships...

US under Trump Series: Donald Trump Jr. may be called to testify before Senate over his meeting with Russian lawyer

President Trump eldest son Donald Trump Jr. might be called upon by the Senate Intelligence Committee to question about a meeting that took place in June 2016 at the Trump Tower between Trump Jr., President Trumps...

Science

Scientists Create Material 5x Stronger Than Steel And Soft As Rubber

Researchers in Japan recently succeeded in creating a soft and flexible material that is five times stronger than steel but feels like rubber. Such a material could have numerous applications including the development of...

Scientists Create Super Spinach That Can Function As Bomb Detector

For the most part, the leafy green spinach has only ever been super in the animated classic Popeye the Sailor Man when the quirky main character would down a whole can of the leaves to gain strength. Recently, scientists...

The Most Advanced Artificial Heart Can Perform As Well As A Real One

Scientists have been trying to create artificial versions of human organs for decades, be it the liver, skin, eyes, and above all, the heart. These efforts are aimed at solving one of the biggest challenges in the medical...

93% Of Patients Prefer Medical Marijuana To Opioids, Study Says

For years, medical marijuana was the only means of people to legally acquire a batch of cannabinoids. It was used by folks who suffered from actual medical problems and those who just preferred to get high alike. In a...

Google Subsidiary Wants To Eliminate Zika Virus By Releasing 20 Million Mosquitos

Fighting fire with fire is a phrase that many have used over the years to indicate the intent to answer aggression with the same. A Google subsidiary called Verily is taking the concept a step further with its goal of...

Technology

Musk Announced New York To D.C. Hyperloop Given The Go-Ahead

In case there was any doubt that Elon Musk can do the impossible, the Tesla boss recently announced via Twitter that he received a verbal green light regarding plans to create a Hyperloop connection from New York to...

Nintendo N64 Classic Could Be Coming, Trademark Filings Indicate

The SNES Classic isnt even out yet and already, there are indications that Nintendo could be producing N64 Classics down the road. This is what publications are interpreting from trademark filings that the company recently...

Crash Bandicoot: N.Sane Trilogy Is Offering A Free Previously Unreleased Level, Limited Time Offer

The Crash Bandicoot franchise has been around for a long time but it seems the original games still had content that players never got to try. One previously unreleased level is actually on offer right now for free, but...

It Could Fail, Elon Musk Dampens Expectations Regarding Falcon Heavy Launch

SpaceX is set to launch its Falcon Heavy rocket, the much bigger brother to the Falcon 9 soon, but the companys CEO is already trying to dampen expectations. According to Elon Musk himself, the launch could end up as a...

YouTube Finally Gets Serious About ISIS Recruitment On The Platform, It’s About Time

While it might sound odd that YouTube, one of the biggest and most influential video sharing platforms in the world has not exactly stamped out ISIS recruitment videos yet, this is exactly the case. Somehow, there are...
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July 21 14:30 UTC Released

USECRI Weekly Annualized*

Actual

144.8 %

Forecast

Previous

2.4 %

July 21 14:30 UTC Released

USECRI Weekly Index*

Actual

2.6 %

Forecast

Previous

143.9 %

July 24 00:30 UTC 833833m

JPForeign Direct Investm't*

Actual

Forecast

Previous

52.4 bln $

July 24 07:00 UTC 12231223m

FRMarkit Serv Flash PMI

Actual

Forecast

56.7 %

Previous

56.9 %

July 24 07:00 UTC 12231223m

FRMarkit Mfg Flash PMI

Actual

Forecast

54.6 %

Previous

54.8 %

July 24 07:00 UTC 12231223m

FRMarkit Comp Flash PMI

Actual

Forecast

56.4 %

Previous

56.6 %

July 24 07:30 UTC 12531253m

DEMarkit Service Flash PMI

Actual

Forecast

54.3

Previous

54.0

July 24 07:30 UTC 12531253m

DEMarkit Mfg Flash PMI

Actual

Forecast

59.2

Previous

59.6

July 24 07:30 UTC 12531253m

DEMarkit Comp Flash PMI

Actual

Forecast

56.3

Previous

56.4

July 24 08:00 UTC 12831283m

RUMarkit Mfg Flash PMI

Actual

Forecast

57.2 %

Previous

57.4 %

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