Tag: EVs

Yellen warns China's surplus of solar panels, EVs could be dumped on global markets

ichitra.digital

[ad_1] U.S. Treasury Secretary Janet Yellen testifies during a hearing before the Financial Services and General Government Subcommittee of the House Appropriations Committee at Rayburn House Office Building on Capitol Hill on March 21, 2024 in Washington, DC.  Alex Wong | Getty Images Treasury Secretary Janet Yellen on Wednesday warned that China is treating the global economy as a dumping ground for its cheaper clean energy products, depressing market prices and squeezing green manufacturing in the U.S. “I am concerned about global spillovers from the excess capacity that we are…

How startup Recurrent values used EVs by analyzing their batteries, a key part of the longevity

ichitra.digital

[ad_1] Recurrent, a Seattle-based startup, aims to do for electric vehicle batteries what odometers do for fuel-powered cars: Show the wear and tear on the battery and its future value. The used car market is more than twice the size of the new car market, and electric vehicles are fast becoming a part of it. That presents a new problem when it comes to valuing these cars, which run entirely on batteries. Consumers have fundamentally different questions about used electric vehicles, especially when it comes to the battery life. The…