Electric

New Electric Car Models, Battery Swap Model & Ride Share Focus Create Opportunities For Growth

By Jaime E. Love 2 months ago

By M. Marin

NASDAQ:KNDI

READ THE FULL KNDI RESEARCH REPORT

We are initiating coverage of Kandi Technologies, Inc. (NASDAQ:KNDI), which is positioned to benefit from transitions in mobility, we believe, as China and other governments encourage consumer adoption of green automotive solutions to reduce growing roadway congestion and pollution and, at the same time, consumer interest increases as EV performance improves. The company is working to change mobility through its line of electric vehicles (EVs), battery swapping model and ride-share focus. Global EV sales are growing and China, the company’s home market, has been among the fastest growing EV markets in the world. Moreover, China recently extended EV subsidies and tax exemptions to promote EV adoption amid rising concerns about deteriorating air quality.

In the U.S., KNDI’s wholly-owned Dallas-based subsidiary, SC Autosports, has a national sales presence that KNDI intends to leverage to grow sales of EVs and vehicle parts.

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Lucid Air, the $150,000 electric car challenging Tesla

By Jaime E. Love 2 months ago

Tesla considers itself the electric car technology leader, but there’s a new competitor emerging to vie for that title.

The company is Lucid Motors, a start-up in Newark, Calif., near Silicon Valley. The car is the Lucid Air, an ultra-luxury ride with advanced battery technology that sets itself apart with posh accoutrements and a market-leading range of 400 miles — more than 500 miles in a special edition. The base model matches the top range on the Tesla Model S and the special edition exceeds it by 100 miles. It also boasts a top speed of 200 mph, should anyone need to drive that fast. The Model S tops out at 155.

Unveiled online Wednesday, the Lucid Air “might finally rival the Tesla Model S … and challenge Elon Musk and his team,” said Jessica Caldwell, an executive director at auto market researcher Edmunds.

It’ll cost you. The price is

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Cadillac’s New Lyriq Show Car is a Glimpse Into the Company’s Electric Future

By Jaime E. Love 4 months ago

From Road & Track

After months of teasers, Cadillac finally revealed its Lyriq show car to the world last night. A concept meant to preview the production version, it’s our best look yet at what the luxury carmaker’s electric future will look like.

Though this Lyriq is technically a concept, it should be a good representation of what we’ll actually see in show rooms in a couple of years. The sleek crossover shape is headed by a new “black crystal” grille design packed with LED lighting, paired with massive chrome wheels as well as a blacked-out roofline, side skirts, and fender edges. A single sweeping 33-inch LED screen dominates the interior, displaying driver info, camera views, as well as infotainment controls. According to Cadillac, the display “has the highest pixel density available in the automotive industry today.”

More important than the Lyriq’s looks, though, is what hides underneath. The Lyriq

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