Electric Vehicle (EV)

An Electric Vehicle (EV) is a battery-powered electrically driven vehicle that can be plugged in to charge from an off-board electric power source. (Refer to the Plug-in Hybrid Electric Vehicles (PHEVs), Hybrid Electric Vehicle (HEV))

Reference Definition by Electricvehiclesnews.com: An Electric Vehicle (EV), also referred to as an electric drive vehicle, is a vehicle which uses one or more electric motors for propulsion. Depending on the type of vehicle, motion may be provided by wheels or propellers driven by rotary motors, or in the case of tracked vehicles, by linear motors. Electric Vehicles can include electric cars, electric trains, electric trucks, electric lorries, electric airplanes, electric boats, electric motorcycles and scooters, and electric spacecraft.

Related Definitions in the Project: The Renewable Energy; Energy Definitions

Example Article of the Electric Vehicle (EV):

New Tech Could Charge EVs In As Little As 6 Minutes (Source: Oil Price on 21 June 2023): Professor Won Bae Kim and his team at Korea’s POSTECH utilize electron spin of anode material to boost capacity and accelerate charging in lithium-ion batteries. The paper reporting the advance has been published in the journal Advanced Functional Materials. The research was recognized for its excellence and was published as a front cover paper in Advanced Functional Materials. Charging an electric vehicle usually takes about 10 hours or longer, and even with fast-charging methods, it takes at least 30 minutes. That is assuming there is an available spot at a charging station. If we could charge electric vehicle batteries as quickly as refueling gasoline-powered cars, it could help alleviate the shortage of EV charging stations. The efficiency of lithium-ion batteries, the type used in electric vehicles, is determined by the anode material’s capability to store lithium ions. Recently, Professor Won Bae Kim, from the Department of Chemical Engineering and the Graduate Institute of Ferrous & Energy Materials Technology at Pohang University of Science and Technology (POSTECH, President Moo Hwan Kim), led a research team to develop a new anode material. ... 

A Unique Way To Play The Coming $700 Billion Electric Vehicle Boom (Source: Oil Price on June 5 2023): The global electric vehicle market is a crowded space valued at nearly $194 billion in 2022 and set to reach an astounding $694 billion by 2030. Now it’s time to find more unique opportunities as many of these smaller car manufacturers find the market being overtaken by the traditional auto giants like Ford, Chevy and GM. Opportunity abounds, but phenomenal cash burn and a slower path to profitability have rendered this crowded space rather risky. But the EV market isn’t just about the roadways … The waterways are going electric, too, and the playing field is much less chaotic, with the clear first-mover advantage going to Vision Marine Technologies (NASDAQ:VMAR), with its proprietary PowerTrain outboard motor and the launch of the fastest electric speedboat in its class on the market. ...

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