Tag Archive | electric cars

“Geely’s Volvo to go all electric with new models from 2019”

https://www.reuters.com/article/us-volvocars-geely-electric-idUSKBN19Q0BJ?mc_cid=f1f70e9c4d&mc_eid=eaaa9fef29

All Volvo car models launched after 2019 will be electric or hybrids, the Chinese-owned company said on Wednesday, making it the first major traditional automaker to set a date for phasing out vehicles powered solely by the internal combustion engine.

 

“The Country Adopting Electric Vehicles Faster Than Anywhere Else”

https://www.bloomberg.com/news/articles/2017-06-01/the-country-adopting-electric-vehicles-faster-than-anywhere-else

Norway’s electric vehicle boom has been built on generous government incentives. EVs are exempt from car-purchase taxes and the 25 percent sales tax levied on just about everything else, and they get a break on annual fees. Drivers plug in for free at municipal power points, generally don’t pay tolls, and can use bus lanes to avoid traffic. On ferries across Norway’s deep fjords, electrics travel at no cost. It’s no surprise, then, that Norwegians call gasoline-powered vehicles fossilbiler—fossil cars.

“Pretty Soon Electric Cars Will Cost Less Than Gasoline”

https://www.bloomberg.com/news/articles/2017-05-26/electric-cars-seen-cheaper-than-gasoline-models-within-a-decade

Battery powered cars will soon be cheaper to buy than conventional gasoline ones, offering immediate savings to drivers, new research shows.

 

“No growth for oil and coal from 2020 as electric cars and solar blossom”

Cover expect the Unexpected

http://www.carbontracker.org/in-the-media/no-growth-for-oil-and-coal-from-2020-as-electric-cars-and-solar-blossom/

Falling costs of electric vehicle and solar technology could halt growth in global demand for oil and coal from 2020, a new report co-authored by the Grantham Institute at Imperial College London and the Carbon Tracker Initiative launched on Thursday finds, challenging the wisdom of backing fossil fuel expansion.

“Electric Cars Could Take an OPEC-Sized Bite From Oil Demand”

https://www.bloomberg.com/news/articles/2016-12-03/electric-cars-could-take-an-opec-sized-bite-from-oil-demand

A boom in electric vehicles made by the likes of Tesla Motors Inc. could erode as much as 10 percent of global gasoline demand by 2035, according to the oil industry consultant Wood Mackenzie Ltd.

“Tesla Shock Means Global Gasoline Demand Has All But Peaked”

http://www.bloomberg.com/news/articles/2016-11-22/the-tesla-shock-global-gasoline-consumption-has-all-but-peaked

After fueling the 20th century automobile culture that reshaped cities and defined modern life, gasoline has had its day.

The International Energy Agency forecasts that global gasoline consumption has all but peaked as more efficient cars and the advent of electric vehicles from new players such as Tesla Motors Inc. halt demand growth in the next 25 years. That shift will have profound consequences for the oil-refining industry because gasoline accounts for one in four barrels consumed worldwide.

“Electric cars are happening,” IEA Executive Director Fatih Birol said in an interview in London, adding that their number will rise from little more than 1 million last year to more than 150 million by 2040.

What’s in the name Tesla?

teslapricechart

http://www.businessinsider.com/morgan-stanley-utopian-society-in-2026-2014-2?nr_email_referer=1&utm_source=Triggermail&utm_medium=email&utm_term=Markets%20Chart%20Of%20The%20Day&utm_campaign=Moneygame_COTD_022514

“MORGAN STANLEY: Utopia Is Coming By 2026”

Earlier today, Morgan Stanley’s Adam Jonas cranked up his price target on Tesla to $320 from $153.

“Tesla’s quest to disrupt a trillion $ car industry offers an adjacent opportunity to disrupt a trillion $ electric utility industry,” he wrote in a new note to clients. “If it can be a leader in commercializing battery packs, investors may never look at Tesla the same way again.”

If Tesla figures out how to cheaply store green energy, that’s a game-changer.

But if Tesla masters the self-driving car, then here comes utopia.

teslabusinessmodel

http://www.businessinsider.com/morgan-stanley-raises-tesla-to-320-2014-2

Tesla’s Next Trillion-Dollar Industry

One of the big hurdles in the green energy space is the inability to store energy cheaply. Tesla could come out front here, which would be a total game changer.

“Tesla says it will team up with partners to build the world’s largest Li-ion battery pack facility in the US,” wrote Jonas. “We reflect the potential for lower battery costs through higher sales volume nearly doubling Tesla’s share of the global car market to 90bps by 2028, driving our target increase. If Tesla can become the world’s low-cost producer in energy storage, we see significant optionality for Tesla to disrupt adjacent industries.”

showmethemoney
The name Tesla is an interesting choice.
niklai tesla
There was once a brilliant scientist named Tesla who also had a Utopian vision of transmitting electricity for free. Once Wall Street and Thomas Edison had finished with him he died penniless and the technology died with him.
mark-twain
His friend, the author Mark Twain, is famously quoted as saying that “history does not repeat itself, but it does rhyme“.
One wonders if it is rhyming or repeating this time in the case of Tesla.