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BP Invests $20M in Tech to Charge EVs in 5 Minutes

“We are committed to be the fuel provider of choice—no matter what car our customers drive.” BP announced Tuesday it plans to invest $20 million in StoreDot, an Israeli startup that claims to offer 5-minute electric-vehicle charging with a new generation of lithium-ion batteries. “Ultra-fast charging is at the heart of BP’s electrification strategy,” said Tufan Erginbilgic, chief executive of BP downstream, in a...

Q&A: Retired Air Force general on the need to...

A retired Air Force general talks with Midwest Energy News about his solar-powered Wisconsin home and the case for developing alternative liquid fuels. Energy was always on General Donald J. Hoffman’s mind, as a kid growing up in a big family in central Wisconsin, and in the Air Force where he was a pilot and managed Air Force weapon systems from bases around the world. As Hoffman explains it, energy has always been at the...

AEP Ohio Plugs Midwest into Nation’s EV Movement

The Public Utilities Commission of Ohio (PUCO) has approved an American Electric Power (AEP) Ohio electric vehicle (EV) program that will deploy up to 375 charging stations across the Buckeye State over the next four years. This marks the first time regulators in the Midwest have approved such a significant utility investment, an amount of $10 million, to accelerate the EV market. The program results from a settlement...

Revolution Now -The Future Is Here For Clean Energ...

Clean, low-cost energy is transforming the U.S. economy. Over the past decade, we’ve seen the payoff from nearly 40 years of federally funded research and development on clean energy. From wind and solar power to electric vehicles and LED lighting, clean energy technologies are dramatically declining in cost and benefitting more homes and businesses—while reducing pollution and creating millions of new American jobs.1 Clean...

Space weather threatens high-tech life

Shortly after 4 a.m. on a crisp, cloudless September morning in 1859, the sky above what is currently Colorado erupted in bright red and green colors. Fooled by the brightness into thinking it was an early dawn, gold-rush miners in the mountainous region of what was then called the Kansas Territory woke up and started making breakfast. What happened in more developed regions was even more disorienting, and carries a warning...

6 Trends Driving Vehicle Electrification in 2018

The rush is on to build electrical grid infrastructure, adjust business models, and roll out enough charging stations to meet growing EV demand. The numbers are in, and in the U.S. alone, electric vehicle sales increased 21 percent last year — from 158,614 vehicles sold in 2016 to 199,826 vehicles sold in 2017. December 2017 also marked the 26th consecutive month of year-over-year sales increases for EVs, led by the...

Top Clean Cars and Trucks of 2018

Some of the cleanest cars you can buy today are powered by electricity, though the emissions of an electric vehicle (EV) varies depending on where it is plugged in. Even though parts of the U.S. still partially rely on coal fired power, the average EV sold in the U.S. produces the emissions equivalent of a gas vehicle that gets 73 MPG, and more than 70 percent of Americans live in an area where driving an EV results in fewer...

New global player CATL sets EV battery sights on E...

The next global powerhouse in the auto industry comes from a small city in a tea-growing province of southeast China, where an unheralded maker of electric-vehicle batteries is planning a $1.3 billion (8.2 billion yuan) factory with enough capacity to surpass the output of Tesla and dwarf the suppliers for battery-powered cars by GM, Nissan and Audi. Contemporary Amperex Technology, or CATL, already sells the most batteries...

In 2018, expect ‘clean energy’ to be cheap energy...

The central fact that will drive the energy industry worldwide in 2018, profoundly affecting businesses, consumers and policymakers, is that “clean energy” is now “cheap energy.” Fossil fuel extraction is expensive. It is giving way to cheaper, more flexible technologies, primarily renewables like wind and solar, and electric vehicles. These shifts will change investment decisions, business models, household usage,...

Forum: Building a strong, equitable electric vehic...

With automakers ramping up development and production of electric vehicles (EVs), Michigan has the opportunity to be a leader in the transition to a cleaner transportation system. As chief executive officer and co-owner of Crystal Mountain — a family-owned ski, golf and spa resort in Benzie County — and a long-time EV owner, I see the widespread adoption of EVs in our state as a way to improve public health while generating...

Electric Vehicle Tax Credit Survives, but G.M. and...

House Speaker Paul D. Ryan called electric vehicle tax credits “money wasted on losers.” The head of the Environmental Protection Agency, Scott Pruitt, said he’d “do away” with renewable energy subsidies. During the presidential election campaign, Donald J. Trump disparaged renewable energy as “very, very expensive” and “not working on a large scale.” He said a wind farm in California looked like a “junk yard” and claimed...

3 Charts That Illustrate the Impact of EVs on Batt...

“While this transformation would be extreme, it is not considered impossible.” Electric vehicles will put the pressure on battery, oil and power demand. By 2035, there could be 125 million electric cars on the road, up from 2 million last year. The result: a steep upward swing in demand for batteries and electricity, and a similarly strong decline in global oil demand. A new report from Wood Mackenzie details the rise of...

Cutting U.S. electric vehicle tax credit ‘wi...

www.reuters.com | 3 mins read #Business News December 11, 2017 / 5:11 PM / a day ago Cutting U.S. electric vehicle tax credit ‘will have an impact’: GM Joseph White 2 Min Read DETROIT (Reuters) – If Congress eliminates an electric vehicle tax credit it “will have an impact” on sales of U.S. electric vehicles such as General Motors Co’s Chevrolet Bolt, GM Chief Executive Mary Barra said on Monday. General...

How the House Tax Bill Would Impact Wind, Solar, E...

“The sad thing is, it creates uncertainty in the marketplace—just the fact that this proposal is out there.” Will Congress’ attempt at tax reform spell danger for clean energy?  House Republicans unveiled a massive tax reform bill last week. While it wasn’t as damaging to renewables as many feared, the changes still pose a threat. Wind and electric vehicles stand to lose the most. Lawmakers are looking to slash tax...

Shell Buys Slice of the Electric Vehicle Market Wi...

As the uptake of electric vehicles accelerates, oil and gas majors have continued to grapple with how much to invest in a technology that could put them out of business. On Friday, Royal Dutch Shell made arguably the most striking vote of confidence in electric cars from a major yet: buying electric charging company NewMotion. Gaining ownership of a company that manages 30,000 residential and business charging stations, and...