Energy – Morris Young Motors http://morrisyoungmotors.com/ Wed, 18 May 2022 05:06:42 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://morrisyoungmotors.com/wp-content/uploads/2021/10/icon-1.png Energy – Morris Young Motors http://morrisyoungmotors.com/ 32 32 Bluetooth Low Energy vulnerability. US warns against DPRK IT professionals looking for jobs overseas. https://morrisyoungmotors.com/bluetooth-low-energy-vulnerability-us-warns-against-dprk-it-professionals-looking-for-jobs-overseas/ Tue, 17 May 2022 20:35:27 +0000 https://morrisyoungmotors.com/bluetooth-low-energy-vulnerability-us-warns-against-dprk-it-professionals-looking-for-jobs-overseas/ In one look. Bluetooth Low Energy vulnerability. US warns against DPRK IT professionals looking for jobs overseas. Bluetooth Low Energy vulnerability. NCC Group researchers have discovered a link layer vulnerability in Bluetooth Low Energy (BLE) systems that affects “millions of vehicles, residential smart locks, commercial building access control systems, smartphones, smartwatches, laptops and more”. NCC […]]]>

In one look.

  • Bluetooth Low Energy vulnerability.
  • US warns against DPRK IT professionals looking for jobs overseas.

Bluetooth Low Energy vulnerability.

NCC Group researchers have discovered a link layer vulnerability in Bluetooth Low Energy (BLE) systems that affects “millions of vehicles, residential smart locks, commercial building access control systems, smartphones, smartwatches, laptops and more”.

NCC Group said in a press release: “[W]We demonstrate, as a proof-of-concept, that a link-layer relay attack conclusively defeats existing BLE-based proximity authentication applications and proves that very popular products currently use non-compliant BLE proximity authentication. secure in critical applications. By transmitting baseband data at the link layer, the hack bypasses known protections against relay attacks, including encrypted BLE communications, because it bypasses the upper layers of the Bluetooth stack and the need to decipher. »

The vulnerability is inherent in the technology and cannot be patched, but the researchers offer the following mitigations:

  • “Manufacturers can reduce risk by disabling proximity key functionality when the user’s phone or key fob has been stationary for a certain period of time (according to accelerometer)
  • “System manufacturers should give customers the option of providing a second factor of authentication or user attestation (e.g. pressing an unlock button in an app on the phone)
  • “Users of affected products should disable Passive Unlock functionality which does not require explicit user approval, or disable Bluetooth on mobile devices when not required”

US warns against DPRK IT professionals looking for jobs overseas.

The US State Department, US Treasury Department and the FBI issued a joint statement yesterday warning against attempts by North Korean IT workers to gain employment with organizations around the world. The departments said, “These IT professionals are taking advantage of existing demands for specific IT skills, such as software and mobile application development, to secure freelance work contracts with clients around the world, including North America, Europe and East Asia In many In some cases, DPRK IT workers pose as US-based and/or non-North Korean telecommuters Workers may further mask their identity and/or localization by subcontracting work to non-North Koreans. Although DPRK IT workers normally perform separate IT work against malicious cyber activities, they have used the privileged access gained as subcontractors to allow malicious cyber intrusions from the DPRK.Additionally, there are likely cases where workers are subjected to forced labor.

Kevin Bocek, Vice President of Security Strategy and Threat Intelligence at Venafi, offered the following thoughts:

“It is difficult to defend against North Korean nation-state actors, especially when these threats now come from both outside and inside organizations. They are often well funded, very sophisticated and, as we see with this warning from the FBI, able to think outside the box to find new ways to attack networks, as we see now with rogue freelancers hacking from the inside. Our recent research shows that cybercrime has become a primary means of revenue generation in North Korea, and APT groups help it operate outside of international sanctions, funding political and military gains. In fact, it is estimated that up to $2 billion dollars flow directly into North Korea’s weapons program each year as a result of nation-state cybercrime.

“Ultimately, it’s unclear what these rogue freelancers are after. The targets that come to mind are data theft or potentially funds, but we’ve seen in the past that North Korean APT groups have used stolen code signing identities in devastating nation state attacks, so they are likely to be on the table as well.The problem is that currently there is not enough awareness and security around importance of machine identities. This lack of focus allows North Korean cybercriminals to take advantage of a serious blind spot in software supply chain attacks.”

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MAN Energy Solutions concludes agreement with STX https://morrisyoungmotors.com/man-energy-solutions-concludes-agreement-with-stx/ Sun, 15 May 2022 21:58:00 +0000 https://morrisyoungmotors.com/man-energy-solutions-concludes-agreement-with-stx/ Pictured at the virtual signing ceremony (MAN Energy Solutions unless otherwise stated): (left) Thomas Leander – Vice President, Head of Solutions and Head of Site, Frederikshavn; (top right, from left, STX HI) Kangmoon Lee – Assistant Manager, Engine Components & Ma Posted on May 13, 2022 12:00 PM by The Maritime Executive […]]]>

Pictured at the virtual signing ceremony (MAN Energy Solutions unless otherwise stated): (left) Thomas Leander – Vice President, Head of Solutions and Head of Site, Frederikshavn; (top right, from left, STX HI) Kangmoon Lee – Assistant Manager, Engine Components & Ma

Posted on May 13, 2022 12:00 PM by

The Maritime Executive







[By: MAN Energy Solutions]


MAN Energy Solutions has signed a cooperation agreement with STX Heavy Industries Co., Ltd., to supply its three EEXI (Energy Efficiency eXisting ship Index) solutions to MAN B&W brand low-speed motors manufactured by STX HI. The goal of this agreement is to provide STX HI customers with an EEXI solution to help accelerate the pace of EEXI compliance.


Depending on customer needs, the solutions provided for in the contract offer a complete offer with evaluation report or simply a stand-alone OPL (Overridable Power Limitation). With immediate effect, the agreement is set for an initial period of three years.


Thomas Leander, Vice President – Head of Solutions and Site Manager, MAN Energy Solutions, said: “I am pleased that we have reached an agreement with STX HI which will help customers to comply with EEXI. It also means a lot for us given our commitment to help customers meet market demands for decarbonization.


Chun-Dong Kim, Senior Vice President and Head of Engine Components and Retrofit Services Division, STX HI said, “We are very pleased to take this opportunity to enter into an agreement with MAN Energy Solutions who will provide the solution. relevant for EEXI regulations while STX HI will provide a reliable decarbonization solution to customers. Based on this agreement, we look forward to continuing our cooperation with MAN in the future to meet environmental regulations.


Replaceable power limitation


IMO regulation MEPC 335(76) which will come into force from January 2023 requires that ships already in service comply with the EEXI (Energy Efficiency eXisting ship Index). MAN Energy Solutions has therefore developed an OPL that meets the demand of the vast majority of shipowners for a simple, economical solution that complies with the upcoming regulations. OPL reduces carbon emissions by limiting the maximum power – and therefore fuel consumption – produced by the main engines to less than that for which they were originally designed and certified.


Object and scope of the agreement


Under the terms of the agreement, STX HI will resell MAN Energy Solutions’ EEXI compliance solution for all MAN B&W branded ME and MC engines manufactured by STX HI. In order to accommodate customers as quickly as possible, STX HI will install the OPL solution on all these units.



The products and services described in this press release are not endorsed by The Maritime Executive.



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Why These 3 Clean Energy Stocks Have Rebounded Strongly From 52-Week Lows This Week https://morrisyoungmotors.com/why-these-3-clean-energy-stocks-have-rebounded-strongly-from-52-week-lows-this-week/ Fri, 13 May 2022 19:57:16 +0000 https://morrisyoungmotors.com/why-these-3-clean-energy-stocks-have-rebounded-strongly-from-52-week-lows-this-week/ What happened This week has been a test for investors’ nerves. If you look at the charts of some alternative energy stocks, for example, you’ll see how they crashed early in the week – some even plunging to 52-week lows – only to rebound just as spectacularly even as I write this. . Believe it […]]]>

What happened

This week has been a test for investors’ nerves. If you look at the charts of some alternative energy stocks, for example, you’ll see how they crashed early in the week – some even plunging to 52-week lows – only to rebound just as spectacularly even as I write this. . Believe it or not, actions of Ballard Power Systems (BLDP 9.57%), Clean energy fuels (CLNE 10.46%)and flashing charging (BLNK 14.78%) have risen more than 15% each in the past two days through 2 p.m. ET Friday, but are still down for the week according to data provided by S&P Global Market Intelligence.

  • Ballard Power Systems: decrease of 13.4%.
  • Flashing load: down 2.5%.
  • Clean energy fuels: down 5.9%.

Each of those stocks hit 52-week lows this week. Each of these companies also released their quarterly figures in the past few days, with one even smashing analysts’ estimates. That tells me that this stock, at least, could have ended the week on a much stronger note had it not been for the choppy markets.

BLDP data by YCharts

So what

Clean Energy Fuels announced its first quarter numbers late last week. Traditionally known for its vast network of gas stations, Clean Energy is now branching out to produce renewable natural gas (RNG) from organic waste – a move that has caught the eye of analysts and investors.

Analyst Pavel Molchanov from Raymond James, for example, raised the rating of Clean Energy stock to outperform with a price target of $6 per share this week, in part because of the potential reinstatement of federal tax credits that support clean energy. Clean Energy Fuels revenue increased 8% year over year to $83.5 million in the first quarter as the company shipped 3.7% more million gallons of fuel and 7, 3% more million gallons of RNG, both year over year.

Clean Energy Fuels stock, however, fell further after earnings as its numbers missed estimates on both the upper and lower lines.

Ballard Power, which makes clean-energy fuel cell products for transportation and stationary power, also saw its shares tumble after the release of first-quarter results on May 9. Ballard Power’s revenue growth of 19% again far exceeded analysts’ estimates. , and the company reported a loss of $0.14 per share compared to $0.06 per share in the first quarter of 2021.

Worse still, Ballard Power’s gross margin turned negative and its 12-month backlog at the end of the first quarter also fell slightly to $65.8 million. Shortly after the results, analyst Christopher Souther of B.Riley cut Ballard Power’s share price target to $12 per share amid concerns over challenges in China where the company operates a key joint venture with the diesel engine maker Weichai power.

A person charging an electric vehicle at a Blink charging station.

Image source: flashing load.

Blink Charging also received a few price cuts this week, but I expected the electric vehicle (EV) charging company’s shares to be even higher this week given its meteoric revenue growth. Here are some numbers from Blink Charging’s Q1 report that you might want to know (all change year over year):

  • Revenue: up 339% to $9.8 million.
  • EV charging stations contracted or sold: 99% increase to 3,174 stations.
  • Gross margin: 16.2% vs. 4% in Q1 2021.
  • Net loss: up 104% to $15.1 million.

This large number of losses was a chink in Blink Charging’s armor, but the market was expecting even worse. Overall, this is a record revenue quarter for the company. No surprise, then, that Blink Charging also turned out to be one of the best performing clean energy stocks this week.

Now what

Ballard Power is the worst performing stock this week among the three, and for good reason – the company’s order flow is slow, it’s burning cash and it expects to generate a negative gross margin in 2022 vs. a margin of 15% in 2021.

Clean Energy Fuels, meanwhile, has ambitious goals for the next five years: it expects to generate almost $285 million in profits by 2026, with RNG supply making up the bulk of it. The company, however, is just getting started on the RNG, so there’s still a long way to go.

Incidentally, the road ahead for Blink Charging won’t be a cakewalk either, but the electric vehicle industry is booming and there is potential for exponential growth. If Blink Charging can continue to grow triple-digit or even double-digit revenue, the EV stock could soon override its weakness of the past few months.

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A new on-site cogeneration plant will allow RUMC to create its own electricity https://morrisyoungmotors.com/a-new-on-site-cogeneration-plant-will-allow-rumc-to-create-its-own-electricity/ Wed, 11 May 2022 11:00:00 +0000 https://morrisyoungmotors.com/a-new-on-site-cogeneration-plant-will-allow-rumc-to-create-its-own-electricity/ STATEN ISLAND, NY – As Richmond University Medical Center (RUMC) prepares to open its new, state-of-the-art Medical Intensive Care Unit (MICU) this summer, followed by the unveiling of a new ward 35,000-square-foot Emergency Department in the fall, the hospital administration painstakingly detailed all patient-centric amenities, showing off private rooms, oversized surgical suites and plenty of […]]]>

STATEN ISLAND, NY – As Richmond University Medical Center (RUMC) prepares to open its new, state-of-the-art Medical Intensive Care Unit (MICU) this summer, followed by the unveiling of a new ward 35,000-square-foot Emergency Department in the fall, the hospital administration painstakingly detailed all patient-centric amenities, showing off private rooms, oversized surgical suites and plenty of modern technology during a recent preview tour. But one of the most innovative upgrades to the RUMC campus is a feature patients will never physically see: a new, self-sufficient, on-site cogeneration plant that will provide a cost-effective, environmentally friendly and renewable way to power the property.

“Now more than ever, we are making critical investments and capital improvements so that the University of Richmond Medical Center can continue to meet the future health care needs of the community,” said Daniel J. Messina, President and CEO of RUMC. “From the outside in, from the clinical to the non-clinical, changes are happening at a rapid speed. Ongoing construction projects such as a new state-of-the-art emergency department, an upgraded maternity ward with completely private rooms, and new hurricane-proof windows for the entire hospital are just a few. many improvements that we can consider. looking forward to next year.

Engines at the Co-Gen plant, made by luxury automaker Rolls Royce, will produce enough power to meet the hospital’s daily energy needs. (Staten Island Advance/Jan Somma-Hammel)

The Co-Gen plant, which is expected to run on natural gas and produce enough electricity to power the hospital daily – even if there is a power outage in the area – is expected to be operational this month, Messina said. The use of the power plant will allow the RUMC to produce electricity and useful heat at the same time, with the excess heat generated being used to improve the air conditioning capacity of the hospital.

“The system will convert natural gas into electricity, which will allow RUMC to disconnect from the grid and create its own electricity – particularly in an emergency – and ensure that the hospital is at full power and protected against blackouts. “, explained Messina.

RUMC's new Co-Gen plant will allow the hospital to create its own electricity

The system will convert natural gas into electricity. (Staten Island Advance/Jan Somma-Hammel)

According to the US Department of Energy’s website, cogeneration applications, also known as combined heat and power (CHP) technology, typically operate at around 75% efficiency – a significant improvement over to the national average of around 50% for these services when provided separately.

“Cogeneration may not be widely recognized outside of industrial, commercial, institutional and utility circles, but it quietly provides highly efficient electricity and process heat to some of the most vital industries, to the largest employers, urban centers and campuses in the United States,” the site notes. “As energy systems evolve and decarbonization becomes a global priority, there is a need to develop new cogeneration technologies to provide solutions to emerging challenges.”

And that’s exactly why RUMC has made this system a priority, Messina said.

“The system is dual motor and can provide enough power for high peak cases,” the CEO said. “It will also allow us to operate seamlessly in the event of a power outage or other natural disaster like Superstorm Sandy.”

Constructed in an existing building at the back of campus, the system took over a year to construct and required the installation of underground conduit, conduit and piping. A new roof, cooling towers and concrete base were also added before the existing piping was moved and new sprinkler systems installed.

The cost of the project was more than $28 million, funded by a combination of grants from the city and the New York State Energy Research and Development Authority. Messina said the system will be fully tested before its official launch this month.

RUMC's new Co-Gen plant will allow the hospital to create its own electricity

An exterior view of the plant’s cooling towers. (Staten Island Advance/Jan Somma-Hammel)

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Electric/Hybrid – Volta Trucks confirms its strategy on the American market https://morrisyoungmotors.com/electric-hybrid-volta-trucks-confirms-its-strategy-on-the-american-market/ Mon, 09 May 2022 13:09:48 +0000 https://morrisyoungmotors.com/electric-hybrid-volta-trucks-confirms-its-strategy-on-the-american-market/ The introduction of Volta Trucks’ 100% battery-electric utility vehicles in North America will be led in 2023 by a Volta Zero Class 7 truck which is equivalent to the existing European 16-ton truck, with a dry or refrigerated cargo bed. The Volta Zero is a 100% battery-electric medium-duty truck specially designed for urban logistics. The […]]]>

The introduction of Volta Trucks’ 100% battery-electric utility vehicles in North America will be led in 2023 by a Volta Zero Class 7 truck which is equivalent to the existing European 16-ton truck, with a dry or refrigerated cargo bed. The Volta Zero is a 100% battery-electric medium-duty truck specially designed for urban logistics. The Volta Zero’s basic design uses an innovative compact eAxle, including the all-in-one electric motor, transmission and axle, supplied by Michigan-based Meritor, and high-voltage batteries located in the chassis rails – their most safe possible location – from Proterra, based in California.

Volta Trucks will initially introduce a pilot fleet of 100 Class 7 trucks in mid-2023 that will be evaluated by US customers, starting in Los Angeles in mid-2023, with other cities to follow, prior to vehicle deployment of production in 2024 To date, Volta Trucks has built 24 “Design Verification” road prototypes which are currently undergoing a rigorous and extensive testing program in Europe. Prior to the North American introduction, the company expects to have already built more than 1,500 all-electric Class 7 trucks for European customers.

As a purpose-built vehicle for city logistics, the Class 7 Volta Zero will offer a modular battery configuration to deliver a range of 95 to 125 miles – more than enough for inner-city distribution routes. The vehicle is designed to accept both AC and DC 250 kW fast charging, which allows a full charge from empty in just over an hour. Alternatively, one hour of standard 19kW AC charging will add approximately 12 miles of range.

Although commercial vehicles represent only a small part of urban traffic, they have always been involved in a disproportionate number of accidents with vulnerable road users. Without the traditional internal combustion engine, Volta Trucks, alongside Astheimer Design, reconfigured the entire driving experience to raise the driver’s seat centrally and lower it, to meet pedestrians and cyclists at eye level. The greenhouse-style cab of the Volta Zero provides a 220-degree view around the vehicle, for optimal visual perception and reduced blind spots.

Thanks to Volta Zero’s innovative central driver’s station, drivers enter and exit the vehicle from either side, always on the sidewalk for their own safety, and through sliding rather than hinged doors, to also ensure the safety of passing cyclists.

The 33,000 lbs. The introduction of the Class 7 Volta Zero will be closely followed by a 19,500 pound Class 5 vehicle and a 26,000 pound Class 6 truck, equivalent to European 7.5 and 12 ton vehicles, in 2024/2025 .

The Class 5 and 6 Volta Zeros, revealed in April 2022, will have a close visual relationship to the Class 7 vehicle. All Volta Zeros benefit from the same world-class safety standards as the Class 7 vehicle, as well as its zero-emission powertrain, eliminating not only CO2 emissions, but also harmful particulates that cause local air quality and health issues. Class 5 and 6 trucks will be identical from the front, with the Class 6 vehicle having a longer frame and body, and a second set of rear wheels and tires, to accommodate the increased payload of the vehicle .

With its European experience, Volta Trucks understands the complexities faced by fleet operators when transitioning to electrification. In response, the company is offering its innovative Truck as a Service proposition – a one-stop-shop that brings together all the elements needed to electrify a fleet of trucks and bundles them into a single offer and monthly payment.

In Europe, Truck as a Service comprises a suite of services including initial site assessment to fully understand the infrastructure needs of a customer’s depot, through to installation of the charging configuration. It also includes vehicle financing and insurance to accelerate adoption and reduce ownership risk for the customer. Importantly, it also includes all service and maintenance requirements for the vehicle throughout the customer’s lifetime.

Using the same approach it has taken in Europe, Volta Trucks will develop its own ‘Volta Trucks Hubs’ for vehicle service and maintenance. The hubs will be located close to its customers’ own logistics centers to maximize availability and convenience. The company will also develop an extensive network of third-party facilities to increase geographic coverage of service and maintenance points.

Work is underway to initiate initial manufacturing in the US with an experienced partner, with agreements expected later in 2022. The first Class 7 vehicles delivered to the US will be built at the existing contract manufacturing facility of the company in Steyr, Austria, to ensure the quality of the first American vehicles, with all Class 5 and 6 vehicles destined for North America to be built in the United States from 2024/25.

“Since launching Volta Trucks in 2019 and revealing the Volta Zero in September 2020, we have used London, Paris and other European launch cities, where fleets are increasingly converting to electric, to prove that our concepts align with customer needs,” said Carl-Magnus Norden, founder of Volta Trucks, in announcing the U.S. roadmap ahead of ACT Expo in Long Beach, Calif. “With more than 6,000 vehicle pre-orders underway, from some of Europe’s largest fleet operators, it’s time to broaden our geographic horizons and look to the significant market opportunity in North America.I believe our truck fully electric will be perfectly suited to the needs of US customers, and we look forward to engaging customers to get feedback on our products and services, and then testing and learning as we seek to exceed meet their expectations. I look forward to meeting some of North America’s largest fleet customers and introducing them to our all-electric Class 7.

For more information :

Volta Trucks

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What 7 analyst ratings have to say about Eversource Energy https://morrisyoungmotors.com/what-7-analyst-ratings-have-to-say-about-eversource-energy/ Fri, 06 May 2022 20:31:44 +0000 https://morrisyoungmotors.com/what-7-analyst-ratings-have-to-say-about-eversource-energy/ Analysts provided the following ratings for Eversource Energy ES in the last trimester: Bullish Rather bullish Indifferent a bit bearish Bearish Total ratings 0 2 5 0 0 last 30 days 0 […]]]>

Analysts provided the following ratings for Eversource Energy ES in the last trimester:









Bullish Rather bullish Indifferent a bit bearish Bearish
Total ratings 0 2 5 0 0
last 30 days 0 0 1 0 0
1M ago 0 1 1 0 0
2 months ago 0 0 2 0 0
3 months ago 0 1 1 0 0

These 7 analysts have an average price target of $91.0 against Eversource Energy‘s current price of $89.335, which implies an upside.

Below is a summary of how these 7 analysts have rated Eversource Energy over the past 3 months. The higher the number of bullish ratings, the more analysts are positive on the security and the higher the number of bearish ratings, the more analysts are negative on the security

This current average is up 1.11% from the previous average price target of $90.00.

Ratings come from analysts or specialists in banking and financial systems who report for specific stocks or defined sectors (usually once a quarter for each stock). Analysts typically draw their information from company conference calls and meetings, financial statements, and conversations with important insiders to make their decisions.

Some analysts publish their forecasts for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and industry analysts are also human and only offer their opinions to investors.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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Clean Energy Regulator replaces Fujitsu with Digital61 – Strategy – Cloud – Hardware – Security – Software https://morrisyoungmotors.com/clean-energy-regulator-replaces-fujitsu-with-digital61-strategy-cloud-hardware-security-software/ Wed, 04 May 2022 02:19:00 +0000 https://morrisyoungmotors.com/clean-energy-regulator-replaces-fujitsu-with-digital61-strategy-cloud-hardware-security-software/ The Clean Energy Regulator has chosen Canberra-based Digital61 as its IT services provider for the next eight years under a new $11.8 million contract. The initial three-year contract replaces a ten-year deal with Fujitsu, with CER due to transition to a new managed services agreement within the next eight weeks. Fujitsu has held the existing […]]]>

The Clean Energy Regulator has chosen Canberra-based Digital61 as its IT services provider for the next eight years under a new $11.8 million contract.

The initial three-year contract replaces a ten-year deal with Fujitsu, with CER due to transition to a new managed services agreement within the next eight weeks.

Fujitsu has held the existing contract – which is now valued at $47.7 million – since the agency set up to regulate Australia’s carbon reduction efforts in 2012.

CER launched a tender through the government’s digital marketplace in October 2021 to market test Fujitsu’s contract, which expires at the end of June 2022.

A spokesperson said iTnews that Digital61 will provide services in three streams under the new agreement: support and end-user services, ICT managed services and security operations services.

“Digital61 has been selected to deliver all three streams and will transition in May and June 2022,” the spokesperson said.

Digital61 beat out 19 other bidders to win the contract, which CER attributed to “good capacity and cultural alignment with CER, its vision and requirements”.

The new agreement comes 18 months after the agency became one of the first small federal government agencies to migrate 100% of its systems to Microsoft Azure.

Last year, it took another step by approaching the market to replace its legacy applications on the Azure stack and introduce a rules engine to support enhancements.

CER thanked Fujitsu for “its contribution to the agency over the past decade.”

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“Our product is the key to a decentralized energy future” https://morrisyoungmotors.com/our-product-is-the-key-to-a-decentralized-energy-future/ Mon, 02 May 2022 07:15:59 +0000 https://morrisyoungmotors.com/our-product-is-the-key-to-a-decentralized-energy-future/ London-based startup ZipCharge, founded a year ago, is working on an EV charging solution it says could boost EV adoption not just in the West, but in a country like India. , where electric vehicles are a nascent industry. The brainchild of Richie Sibal and Jonathan Carrier, ZipCharge is developing what it says is the […]]]>

London-based startup ZipCharge, founded a year ago, is working on an EV charging solution it says could boost EV adoption not just in the West, but in a country like India. , where electric vehicles are a nascent industry. The brainchild of Richie Sibal and Jonathan Carrier, ZipCharge is developing what it says is the world’s first smart portable charger – dubbed “Go”.

In exclusive interaction with Professional coach, Carrier spoke about the origins of the company. “We have accumulated a lot of very useful experience over the last 12 months, from the technical challenges that must be overcome to manufacture a product like the Go portable charger, to discovering how to make it work in various conditions. operation.We design the charger to allow it to operate from minus 10 degrees to 60 degrees Celsius safely and reliably.No matter where you are in the world, someone will use it.

During their initial research, ZipCharge found that around 40-50% of customers are unable to install a home charger for EVs. Then there is another category of electric vehicle users who have home charging but see benefits in having flexible charging in addition to their fixed charging. Plus, the Go portable charger is designed to use solar energy to power your home. “In fact, it’s a portable energy storage device that has a multitude of use cases, not just for charging an electric vehicle,” says Carrier.

Starting problems
In Carrier’s opinion, he says that, like any other player, the geopolitical situation as well as the restrictions related to Covid-19 have had an impact on the company’s plans. “We are still facing some of the major headwind issues facing the auto industry that relate to the supply chain. It’s mostly semiconductors and connectors, and that’s quite a challenge for a start-up business where you don’t necessarily have the track record and longevity of the business or clear revenue streams to enable leveraging of capabilities and also to secure the kind of mandatory supply contracts.”

He mentioned challenges, among others, including tech-business issues as well as being ready to seize opportunities and growth. It was in early March 2022 that the startup won the British Engineering Excellence Award for R&D Project of the Year for its R&D program and for subjecting the portable electric vehicle charger to meticulous car development processes and testing. automotive industry standard. The company expects it to be ready for the market in early 2023.

recharge it
Explaining the context of the Go charger use case, Carrier says, “When you have an electric vehicle, you don’t wait for the battery to reach zero before charging it to 100%. We know from talking with EV users and studies in the public domain that EV users charge a little often. The behavioral model is to keep recharging each day as you need it and increase your mileage (range).

As an example, he cites the case of countries like the UK, Europe, North America and even China as well, where the average daily mileage driven by someone, not only to get to work but also in his car, is somewhere between tens at 27-28km. Even in the United States, the average mileage is around 42 km. So it’s really about meeting your daily needs and therefore more like a power bank that people use for their smartphones. You can also take the charger with you on long trips.

The portable charger will be available in 4kW and 8kW, which depending on the vehicle model can provide a range of 32km to 64km. Depending on market response, a 6 kW battery is also under consideration. In terms of price, the startup says owning a portable charger will be equal or cheaper than setting up a wall-charging setup at home.

Explaining its many benefits, Carrier said: “ZipCharge also offers the flexibility for use on vacations on the one hand and even by corporate fleets that need to go electric. Many service fleets will move and visit customers’ homes during the day where they can use our charger to be able to charge the vehicle when they are doing other things.

Speaking of developments in battery technology, Carrier explains that from a ZipCharge perspective, there are two outcomes. “Either we keep the same size and add more power, or we make it smaller and lighter. By choosing the latter, our product has longevity. It is not something that is a stopgap solution because people still need portable access to electricity,” he said.

When it comes to liquid cooling, Carrier says his business isn’t into air-cooled batteries like some global companies. Citing an example, he says the Nissan Leaf doesn’t have liquid cooling, and that’s because it recognized the fact that in order to reduce vehicle weight and maximize efficiency, you had to eliminate things that include like liquid cooling. ZipCharge, he says, employing similar techniques and trying to manage cooling in the most efficient way that minimizes weight and complexity and therefore costs. As he says, “At the end of the day, we’re trying to produce something that’s accessible in terms of batteries. This means we have to think smart about how we develop and design the Go charger, but it makes the technical challenge harder. So it needs deep technical development, because we need to be able to make sure it works well and safely. »

This conversation is taking place at a time when there have been several battery fires in India and therefore the issue of safety not only for EV users in India but also globally is relevant. Carrier provides statistics that suggest EVs have had far fewer on-track thermal incidents compared to internal combustion engine vehicles and that’s because EVs meet very strict standards, including batteries. For now, ZipCharge aims to have adequate development and testing time to ensure a safe and reliable product.

The feature was published in the May 1, 2022 issue of Autocar Professional.





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Energy Link – Ray Miller https://morrisyoungmotors.com/energy-link-ray-miller/ Wed, 27 Apr 2022 23:50:16 +0000 https://morrisyoungmotors.com/energy-link-ray-miller/ Ray Miller wasn’t born in an oilfield, but he got there soon after – he made his first successful commercial call at the age of four. His true professional career began in 1979 as an Engine Compressor Analyst at Creole Production Services. His love for business and industry led him to start his own company […]]]>

Ray Miller wasn’t born in an oilfield, but he got there soon after – he made his first successful commercial call at the age of four. His true professional career began in 1979 as an Engine Compressor Analyst at Creole Production Services.

His love for business and industry led him to start his own company called Alpha Gauge and Instruments, Inc. (AGI) in 1991. AGI served the oil and gas industry with sales instrumentation orders and service and gas processing equipment.

The business was remarkably successful and caught the attention of GE Capital in early 2000 and was purchased by Weatherford Global. After the purchase, Ray remained Sales Manager for the Bakersfield/Kern River area. In 2001, Weatherford was acquired by Universal Compression.

In 2006, Ray decided to use his entrepreneurial spirit to revive his own business, calling it RFM Inc. RFM acquired Energy Link in 2007. Under Ray’s leadership, the new company grew by expanding its offers and its reach in California. A few years later, RFM acquired Delta Pump, making the combined operation more robust and much more dynamic.

Ray is an affiliate member of several O&G associations, including the American Petroleum Institute (API), the International Society of Instrumentation (ISA), the Society of Petroleum Engineers (SPE), and the Bakersfield Petroleum Club.

To learn more about Energy Link, visit energylink1.com

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Duke Energy Corporation (NYSE:DUK) – What does the market think of Duke Energy Corporation (holding company? https://morrisyoungmotors.com/duke-energy-corporation-nyseduk-what-does-the-market-think-of-duke-energy-corporation-holding-company/ Mon, 25 Apr 2022 17:03:08 +0000 https://morrisyoungmotors.com/duke-energy-corporation-nyseduk-what-does-the-market-think-of-duke-energy-corporation-holding-company/ Duke Energy Corporation (holding company (NYSE: DUK) Short Percent Free Float has increased 9.09% since its last report. The company recently announced that it has 7.39 million shares sold short, or 0.96% of all common shares available for trading. Based on its trading volume, it would take traders an average of 2.5 days to cover […]]]>

Duke Energy Corporation (holding company (NYSE: DUK) Short Percent Free Float has increased 9.09% since its last report. The company recently announced that it has 7.39 million shares sold short, or 0.96% of all common shares available for trading. Based on its trading volume, it would take traders an average of 2.5 days to cover their short positions.

Why short interest matters

Short interest is the number of shares that have been sold short but have not yet been covered or closed. Short selling is when a trader sells shares of a company they don’t own, hoping the price will go down. Traders make money from short selling if the stock price goes down and they lose if it goes up.

Short-term interest is important to track as it can act as an indicator of market sentiment towards a particular security. An increase in short interest may signal that investors have become more bearish, while a decrease in short interest may signal that they have become more bullish.

See also: List of best-selling stocks

Duke Energy Corporation (holding Company Short Interest Graph (3 months)

As you can see from the graph above, the percentage of shares sold short for Duke Energy Corporation (the holding company) has increased since its last report. This does not mean that the stock will fall in the short term, but traders should be aware that more stocks are being sold short.

Comparison of Duke Energy Corporation (holding the company’s short-term interest against its peers

Peer comparison is a popular technique among analysts and investors to assess a company’s performance. A company’s peer is another company that has similar characteristics, such as industry, size, age, and financial structure. You can find a company’s peer group by reading its 10-K, proxy filing, or performing your own similarity analysis.

According to Benzinga Pro, Duke Energy Corporation (the holding company’s peer group average for short interest as a percentage of free float is 2.04%, meaning the company has less short interest than most of his peers.

Did you know that increasing short-term interest can actually be bullish for a share? This Benzinga Money article explains how you can take advantage of it..

This article was generated by Benzinga’s automated content engine and has been reviewed by an editor.

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