The Canadian government will invest up to $7 million to develop advanced electric-vehicle charging stations across the country. Quebec-based electric-vehicle charging company AddEnergie will install more than 1,000 new charging stations across Canada by 2019 and develop next generation fast-charging stations for homes, businesses, and cities.
Alt Energy Stocks tells us how to purchase and install a home electric car charging station.
Abu Dhabi National Oil Company plans to increase the number of electric vehicle charging stations across the emirate to 20 to meet the anticipated rise in petrol-alternative cars. Currently there are 12 EV charging stations in Abu Dhabi. The United Arab Emirates has at least 85 charging stations. In addition to Abu Dhabi’s 12, Dubai has 68.
German luxury car manufacturer Porsche announced it will be unveiling its first all-electric car within two years. The Mission E model is expected to compete with the major players in the high performance electric vehicle market.
The Belgian cities of Charleroi and Namur have together ordered 90 Volvo electric hybrid buses as well as 12 electric charging stations. Delivery and installation takes place this fall.
Automakers Renault-Nissan announced a partnership with Transdev to develop a public and on-demand transportation service using a self-driving electric car fleet. The program will have a focus on electric vehicles and it will first be tested in Paris with Renault’s all-electric ZOE. Transdev is a private-public transport operator in Europe.
A group of hedge funds have amassed a large stockpile of cobalt, a key mineral for the production of electric car batteries. Cobalt boosts the power of lithium-ion batteries. Half a dozen funds, including Swiss-based Pala Investments and China’s Shanghai Chaos, have purchased and stored an estimated 6,000 tonnes of cobalt, worth as much as $280 million, according to the investors, traders and analysts. This is equivalent to 17% of last year’s global production of the metal. The speculators hope to profit from the increasing demand from automakers for cobalt as they increase their electric car production. Commodity consultant CRU projects the demand for cobalt will increase 20% a year for the next five years, outstripping supply. Cobalt is mined almost exclusively in the Democratic Republic of Congo.
The South American country of Bolivia announced a program to convert 20,000 vehicles to compressed natural gas (CNG). Since 2010, more than 135,000 vehicles have been converted to CNG, most in the public transportation sector.
State-owned Bangkok Mass Transit Authority has ordered 489 compressed natural gas buses manufactured by Chinese bus company Sunlong. The first batch of 291 vehicles has been delivered and will replace aged conventional-fuel buses on 22 routes throughout Bangkok.
The Mexico City government is replacing 1,500 gasoline-operated vehicles in its fleet with those powered by compressed natural gas (CNG) as part of an effort to offset the increased prices of petroleum-based fuels. In addition, the city will add 10 CNG refueling stations.
In the US state of Florida, Miami-Dade Transit is adding 300 40-foot compressed natural gas buses to its fleet. The buses will be taking to the roads throughout this year and next. Miami-Dave Transit is the largest public transit operation in the state.
In the Canadian province of British Columbia, the city of Nanaimo has purchased 49 compressed natural gas (CNG) buses, representing the first fully CNG-powered bus fleet in that country. These buses join an existing fleet of 25 CNG buses acquired in 2014. The BC city of Kamloops will soon being joining Nanaimo with a 100% CNG bus fleet as it adds another 19 CNG vehicles to its existing fleet of 25.