REUTERS: The race to build a better electric car battery is turning to silicon, with several companies working to engineer types of the material that can boost driving range and cut production costs.About 500,000 electric vehicles (EVs) were sold globally in 2016, a figure that is expected to jump sevenfold by 2022, according to the U.S. Energy Information Administration.That increase is forecast to be helped by government mandates to cut tailpipe emissions by banning gasoline and diesel-powered cars. But many drivers have so far been put off by the high cost of EVs and worries about driving range, which so far is limited to a few hundred miles (kilometres) before needing a charge.But silicon could, if adopted en masse for EV batteries, help boost energy storage.One such company, California-based Sila Nanotechnologies, aims to have its technology in over a million electric vehicle (EVs) batteries by the middle of the next decade, Chief Executive Gene Berdichevsky said in an … [Read more...] about Silicon eyed as way to boost electric car battery potential
Why electric cars are better
caption Elon Musk said broken parts from flying cars could hit people on the ground. source The Boring Company During an event for his tunnel-digging company, The Boring Company, on Thursday, Elon Musk explained why flying cars could be more trouble than they’re worth. His biggest concerns are noise and the potential for a broken part to fall and hit someone on the ground. “Inevitably, somebody’s not going to service their car properly and they’re going to drop a hubcap and it’s going to guillotine somebody,” Musk said. While he’s founded companies that are trying to define the future of transportation with electric vehicles, space exploration, and tunnels that would house high-speed transit systems, Elon Musk doesn’t like flying cars. During an event for his tunnel-digging company, The Boring Company, on Thursday, Musk explained why flying cars … [Read more...] about Elon Musk says flying cars are a bad idea because they could ‘guillotine’ people on the ground
ALDRICH POLICARPIO As we move up in life, we experience different milestones. Markers that tell us that we’re moving in the right direction and making the right decisions. One of those is finally owning your own car. You’ve arrived at this moment making the appropriate decisions, which is why you’re at the point where you’re contemplating to buy a car. While we don’t always make the right choices, we can always minimize the margin for error by taking a step back to review our options. Before you go ahead and purchase your first car, here are a few things you should ask yourself: The spending does not really stop at the actual purchase of the car. Other than the cost of the car itself, there are many other things that you’ll be spending on such as gas, emergency repairs, accessories, routine maintenance, carwash, registration, and insurance. Planning for these other car-related expenses are essential especially if you want your car to be properly … [Read more...] about Are you actually ready to own a car?
Despite being younger than many of its competitors, Tesla has had a significant impact on the auto industry. It has influenced what kinds of cars its competitors make, what they look like, and their tech features. But Tesla’s ambition has also led it to make promises it may not be able to keep. Tesla has put the auto industry on notice. That’s because Tesla’s ideas, and the way it has connected those ideas to an ambitious vision for a future of renewable energy and self-driving vehicles, are as compelling as those coming from any other American business. The company can thrive despite significant growing pains because it has made observers believe it’s more than a car company.“It’s more than just a company that spits out a product. It means something,” Kelley Blue Book executive analyst Akshay Anand told Business Insider. “And I think more than any other automaker out … [Read more...] about Tesla has transformed the car industry — but its biggest strength is becoming its greatest liability
The idea that Apple should buy Tesla has been floated many times. Apple now has more than enough cash coming back to the US to do the deal. Tesla needs to be saved from its delusional idea about the company’s future growth – and Apple needs to be saved from the disaster of its car project. Last November, Rolling Stone published a profile of Tesla CEO Elon Musk, written by Neil Strauss, a neo-gonzo journalist who made his name with a book about pickup culture. And in that interview Musk made a confession.“I wish we could be private with Tesla,” Musk told Strauss. “It actually makes us less efficient to be a public company.”Tesla has been public since its 2010 IPO and since then the stock has risen from about $20 a share to nearly $400 at one point in 2017. The company’s market cap is now close to $60 billion. Investors who jumped in seven years ago have enjoyed a return of nearly … [Read more...] about Apple buying Tesla doesn’t sound like a crazy idea anymore — here’s why