Medicine & TechnologyCurrently accounting for 3 percent of new car sales, plug-in hybrid electric vehicles are sold as low-carbon alternatives to fossil fuel and conventional hybrid cars. But a new report threatens to shatter their green credentials.
Lucid Motors, a new electric company, will be releasing the Lucid Air series by next year. It has a range of advanced internal features including Ethernet-based communication and safety monitoring.
Lithium is important for rechargeable batteries because it can store more energy by weight compared with other batteries. Its demand is going higher because of the booming electric vehicle sales and scientists have found a possible new source to solve its scarcity.
Lucid Motors' Air, the electric car with luxurious interior is set for a drive test with 1,000 horsepower. The Air car is expected to be Tesla's rival in the future.
Tesla which till now has the monopoly in the electric car segment is getting some tough competition from Volvo which promises affordable options in the same category.