NEXT: EV Charging on the Road

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 67 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 30%
  • Publisher: 63%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

In the Yahoo Finance series NEXT, Yahoo Finance anchor Akiko Fujita travels to Logan, Utah, for a glimpse of the future of electric vehicle charging...

In the Yahoo Finance series NEXT, Yahoo Finance anchor Akiko Fujita travels to Logan, Utah, for a glimpse of the future of electric vehicle charging. Wireless electric road charging has long been hailed as a holy grail for widespread electric vehicle adoption.

But a new technology called dynamic charging could change the entire charging dynamic. So how does it work? And what is dynamic charging mean for widespread EV adoption? I'm Akiko Fujita. And this is what's next for EV charging.Logan, Utah is at the center of a push to electrify America's roads. Ninety minutes North of Salt Lake City, this tiny strip of land is testing what some have described as the Holy Grail for electric vehicles.We just came onto the track now.

It's a cost that some countries are already shelling out. Sweden, Italy, Germany, and Israel are utilizing Electreon's technology. The US is expected to be next in line with this road in Detroit. It'll be used to power shuttle buses with Electreon's technology.Those coils will be under the road on either side. So as that shuttle drives down this street from corner to corner, it will be charging as it drives.

Wally Nowinski bought a Tesla Model 3 in July 2020 to drive from California to Michigan so he could avoid plane travel.Japanese cars have earned and maintained a well-deserved reputation for reliability and affordability. For instance, the 2023 Toyota RAV4 is the fourth bestselling car of 2023 so far, according to Car...Tesla may finally be about to produce a truly affordable electric car

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

China to accelerate issuance of government bonds, finance minister saysExplore stories from Atlantic Canada.
Source: SaltWire Network - 🏆 45. / 63 Read more »

Lido Finance: What soaring monthly users mean for youLido Finance has recently seen a bump in its TVL as fees, and the number of daily users also made a decent show.
Source: CryptoAmb - 🏆 22. / 68 Read more »

Why is Doug Ford's government creating a bank to finance public projects?Ontario Premier Doug Ford, right, extends his hand to congratulate Peter Bethlenfalvy, Ontario's Minister of Finance after he delivers the 2023 Ontario Economic Outlook and Fiscal Review, at the Legislature in Toronto on Nov. 2, 2023.
Source: CBCOttawa - 🏆 68. / 51 Read more »

Philippine Policy Rate Has Reached the Peak, Finance Chief SaysThe Philippine central bank’s key interest rate is likely to be kept at the current level at the next policy meeting this month amid slowing inflation, Finance Secretary Benjamin Diokno said.
Source: BNNBloomberg - 🏆 83. / 50 Read more »