Market Moves: Electric Vehicles - Jan 19th, 2024
 
 
A vehicle-to-grid program shows the potential of bidirectional charging.
Market Moves: Electric Vehicles | View online
 
January 19, 2024
From the Editor

Hello and welcome back to Market Moves Electric Vehicles, Endeavor Business Media's hub for everything EVs. In our top story, we go over some of the new EV-focused technologies showcased at this year’s Consumer Electronics Show.

We're also looking at the money being poured into the sector. 2023 topped the chart for EV sales and now, thanks to a grant from the Department of Transportation, charging infrastructure may start to catch up to the demand in some states. But, as you’ll read, the trucking industry continues to lag behind passenger cars for reasons spanning from overwhelming utility demands to cold weather, and some companies are trying to change that. 

If you’re enjoying this newsletter and want more, consider subscribing to the other Market Moves covering energy, infrastructure, strategy, and more right here.

– Jennifer Ramsay

 

A range of technologies relevant to the fluid power and electric motion control industry were unveiled at this year's show.
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The funding, which comes from the IIJA, will go to 47 projects in 22 states and Puerto Rico.
The funds will be used to purchase approximately 2,700 buses, 95% of which will be electric.
The project will help construct two charging centers for commercial EVs.
Electric Class 8 fleets require more energy than utility companies can provide. Energy independence could be the solution.
WAVE Charging has planned its first deployment of an inductive charger at a facility in the Midwest.
Rather than retrofitting, building electric machines from the ground up can ensure the best designs.
Microgrids ensure electric emergency vehicles are always ready.
The V2G project was largely successful and yielded 60 days of energy exports from EVs.