According to Bloomberg, by 2040, 54 percent of all new car sales will be for EVs. Millions of new EVs will take a big bite out of oil demand and displace 8 million barrels of transport fuel (gasoline and diesel) every day.
The electrified road works by transferring energy to the vehicle from a rail in the road through a movable arm. The arm detects the location of the rail in the road and as long as the vehicle is above the rail, the contact will be in a lowered position.
Everyone is talking about electric cars, but small passenger vehicles aren't the only ones that are switching to electric. Recreational vehicles, or RVs, are also starting to make the switch to electric.
FN Media Group Presents OilPrice.com News Commentary: The rock is pegmatite… And some pegmatite contain abundant lithium that have already been discovered in huge quantities in Ontario, Canada.
Now, as EVs become part of the mainstream - and with talk of massive energy storage solutions and advancing consumer electronics, there seems to be no end to demand for lithium in site - the brine is the new battlefield.
The EV market has sent lithium companies soaring as projected demand has gone over the top in the last quarter. Another innovation in fast charging battery technology could only mean good things for lithium battery life.
Our roadways are getting smarter every day because of new technologies, which generate solar energy, for improving the operation of autonomous cars, for lighting, and for monitoring the condition of the road.
Building out the infrastructure, such as securing renewable hydrogen, and getting fuel costs down for the time when hydrogen is no longer included with the car, is a massive undertaking.
By year-end 2017, a total of 6,475 hydrogen fuel cell vehicles have been sold globally since 2013 when the vehicles first became available commercially. This is disclosed by Information Trends in its upcoming report, "Global Market for Hydrogen Fuel Cell Vehicles, 2018."
Kyree Leary for Futurism: Eco Marine Power has announced plans to test their patented solar sails next year. These EnergySails would utilize solar and wind energy simultaneously.
Illinois Doctor Converts His BMW To Electric Power Using Nine U.S. Battery 12-Volt Deep-Cycle Batteries
U of Cambridge via Science Daily: A new design of algae-powered fuel cells that is five times more efficient than existing plant and algal models, as well as being potentially more cost-effective to produce and practical to use, has been developed.
Joseph Flaig for Institution of Mechanical Engineers: Electric cars worldwide will soon have 10 times the total storage capacity of stationary batteries and should be thought of as "batteries on wheels" to solve renewable energy's storage problem, an expert has said.
AP via LA Times: "We're going to electrify even our most iconic vehicles," he said at Cobo Center. "The only question is, will the customer be there with us?"
Chelsea Gohd for Futurism: Solar-powered cars have been thought of by many as an impossible pipedream. But the innovators behind Lightyear One, a fully solar-powered vehicle to be released in 2019, just won an award for their design.
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