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What is The Future of Electric Cars?

You will be highly satisfied when you will cover a large distance at the most affordable rate

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electric car
Electric Car (Representational image).

As compared to the conventional vehicles, there are also many cars and the trucks that use electricity produced by the battery or the fuel cells. There is a motor that is being fitted in it, and this car doesn’t consume fuel or diesel. There are many Kijiji Cars for sale if you will choose the electric car as compare to the ordinary car that is run by the fuel; this step will prove to be beneficial.

Why choose an electric car?

People who understand that the electric car has many benefits; they prefer to choose the electric car. If you are in confusion in the selection of the best car, you can also get Honda accord.

There are some reasons due to which you will be convinced to buy an electric car from the list of best Kijiji Cars for sale. Some of them are described below:

  • It is believed that the electric cars cost less as compare to the other vehicles if we estimate after a year.
  • If there are many Kijiji Cars for sale, try to choose the electric car because it will save your money.
  • The electric car is easy to maintain.

What is its future?

Mostly, people who get Honda accord for having a value in the future, they want to ask what will be the future of the electric car. Will, the people will prefer to buy an electric car as compare to the other conventional vehicles. All the points will be easily understood if you will concern the following things:

Electric Car
It is believed that the electric car will be fast enough so that it will cover the larger distances.

Thought of engineers

The main focus of the engineers is to make the cars in the future that will prove to be beneficial than the cars that have manufactured before. They usually want to enhance the technology to an extent so that the whole world will wonder. It is to tell you that all the engineers and the people who are expert in this field, they believe that electric car is the future which simple means that in the near future people will prefer to buy an electric car when they have a list of Kijiji Cars for sale.

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It will enhance the technology

It is believed that the electric car will be fast enough so that it will cover the larger distances in comparatively less time as we can take the example of the electric train which is considered as the fastest source to travel. The motor that is fitted in the engine has the high-density battery, that will also cost less, and you don’t need to be worried about the fuel or diesel.

It is suggested you get Honda accord because it is considered to be the best choice that you can make if you want to get the best features because this car is hybrid and uses batteries as compared to the conventional vehicles that use petrol or diesel. You will be highly satisfied when you will cover a large distance at the most affordable rate. 

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Tesla Acquires Energy Storage Company For $218 mn

A number of automakers are introducing, or have introduced, electric vehicles in the past several months, including the Jaguar I-PACE, Audi e-tron SUV, Kia e-Niro and the Hyundai Kona

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Tesla, board
Tesla to lay-off 7% full-time staff amid China dreams. Pixabay

Electric car maker Tesla has acquired US-based energy storage company Maxwell Technologies in an all-stock deal valued at $218 million, a deal aimed at helping the electric automaker improve its batteries and lower costs as more competitors enter the market.

According to the report, the offer will value each of Maxwell’s 45.9 million shares at $4.75. The merger is expected to close in the second quarter of 2019.

“We believe this transaction is in the best interests of Maxwell stockholders and offers investors the opportunity to participate in Tesla’s mission of accelerating the advent of sustainable transport and energy,” Franz Fink, CEO and President, Maxwell, was quoted as saying by TechCrunch on Monday.

Maxwell Technologies’ primary focus has been on ultracapacitors — energy storage devices that can charge and discharge rapidly, perform at a wide range of temperatures and have high power density and long operational life.

In December, the company sold its high-voltage battery product line to Renaissance Investment Foundation for $55.1 million in cash and up to $15 million in potential future milestone payments.

The company says that Maxwell’s dry electrode technology — used to make the ultracapacitors — which can be applied to batteries of varying chemistries, boosts performance and is more cost-effective than the more commonly used wet electrode technology.

Tesla CEO Elon musk, board
Tesla CEO Elon Musk. (VOA)

That application could give Tesla a boost in an increasingly competitive electric vehicle market, the report said.

A number of automakers are introducing, or have introduced, electric vehicles in the past several months, including the Jaguar I-PACE, Audi e-tron SUV, Kia e-Niro and the Hyundai Kona.

Also Read- Samsung, Apple Top 2 Semiconductor Chip Buyers in 2018

“We are always looking for potential acquisitions that make sense for the business and support Tesla’s mission to accelerate the world’s transition to sustainable energy,” a Tesla spokesman said in an emailed statement to TechCrunch. (IANS)