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Sparks

The Year’s Biggest Gadget Conference Is All About Electric Cars Now

Automakers are showing out at CES.

New EVs.
Heatmap Illustration/Kia, Honda, Vinfast, Getty Images

The consumer electronics show in Las Vegas formally known as CES has evolved beyond a showcase for ever-larger screens, laptops, and niche gadgets looking to make it into big box retailers. CES is now, among other things, a full-fledged auto show, with the world's largest automakers announcing ambitious products alongside — and sometimes in partnership with — their tech counterparts.

In recent years, new electric concepts from Chevrolet, BMW, and Ram have each captured attention. This year, it was Honda’s turn to make a splash.

After two decades of dipping its toes into the electric vehicle market, the Japanese carmaker announced the new 0 Series (as in zero emissions) with two concepts that show what Honda wants to bring to the U.S. market in 2026.

The flagship Saloon sedan’s sleek, swept-back design is a material manifestation of what Honda calls its man maximum/machine minimum packaging concept (in case you’re looking for an acronym, it’s M/M*1), which boils down to making the car’s footprint as small as possible while still keeping passengers comfortable. On the other end of the svelte-practical spectrum is the Space-Hub, which applies the venerable minivan concept in an EV format with extra space and seating that swivels to create a rolling lounge.

Honda was also at CES in partnership with Sony, which showed the latest iteration of its Afeela prototype, the electronics company's first foray into the automotive world. Sony's Playstation division clearly got its hands on the concept, which means augmented reality displays built on the game development platform Unreal Engine that feature eye-popping 3D graphics. If you want, you can have a monster magically appear on the roadway as you’re driving. You can also visualize yourself driving underwater. On stage at least, the car could be steered with a Playstation controller.

Kia was back in Las Vegas to announce its hyper-modular, commercial-focused Platform Beyond Vehicle strategy. Showing five models in three sizes all based on the platform, the new lineup will begin with the PV5 and focus on delivery, ride-hailing, and smaller commercial work (think your local electrician) thanks to its Lego-like “life modules” and powertrains.

This being 2024, AI is everywhere at CES, even in car world, with Volkswagen incorporating ChatGPT into its Ida voice assistant, Mercedes updating its MBUX Virtual Assistant with a new “empathetic” AI, and Intel designing a new family of AI-infused systems-on-chips to monitor drivers and passengers in an autonomous future.

While most CES concepts aren’t headed for roads anytime soon, one thing you might be able to buy is the latest offering from Vietnamese EV maker VinFast. While its U.S. launch is off to a rocky start, the ultra-compact VF3 might be cute enough to keep the critics at bay, with its bulldog stance and incredibly diminutive size. Measuring in at just a little under 10.5 feet, the VF3 is nearly two feet shorter than the new Fiat 500E or about the same size as a Smart car. Coupled with its off-roader looks and a claimed 125-mile range, the VF3 could be the smallest, affordable, and most adorable EVs for sale in the U.S.

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Sparks

It’s Been a Big 24 Hours for AI Energy Announcements

We’re powering data centers every which way these days.

Google and Exxon logos.
Heatmap Illustration/Getty Images

The energy giant ExxonMobil is planning a huge investment in natural gas-fired power plants that will power data centers directly, a.k.a. behind the meter, meaning they won’t have to connect to the electric grid. That will allow the fossil fuel giant to avoid making the expensive transmission upgrades that tend to slow down the buildout of new electricity generation. And it’ll add carbon capture to boot.

The company said in a corporate update that it plans to build facilities that “would use natural gas to generate a significant amount of high-reliability electricity for a data center,” then use carbon capture to “remove more than 90% of the associated CO2 emissions, then transport the captured CO2 to safe, permanent storage deep underground.” Going behind the meter means that this generation “can be installed at a pace that other alternatives, including U.S. nuclear power, cannot match,” the company said.

The move represents a first for Exxon, which is famous for its far-flung operations to extract and process oil and natural gas but has not historically been in the business of supplying electricity to customers. The company is looking to generate 1.5 gigawatts of power, about 50% more than a large nuclear reactor, The New York Timesreported.

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Trump Promises ‘Fully Expedited’ Permitting in Exchange for $1 Billion of Investment

But ... how?

Donald Trump.
Heatmap Illustration/Getty Images

President-elect Donald Trump on Tuesday rocked the energy world when he promised “fully expedited approvals and permits, including, but in no way limited to, all Environmental approvals” for “Any person or company investing ONE BILLION DOLLARS, OR MORE, in the United States of America,” in a post on Truth Social Tuesday.

“GET READY TO ROCK!!!” he added.

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The Mad Dash to Lock Down Biden’s Final Climate Dollars

Companies are racing to finish the paperwork on their Department of Energy loans.

A clock and money.
Heatmap Illustration/Getty Images

Of the over $13 billion in loans and loan guarantees that the Energy Department’s Loan Programs Office has made under Biden, nearly a third of that funding has been doled out in the month since the presidential election. And of the $41 billion in conditional commitments — agreements to provide a loan once the borrower satisfies certain preconditions — that proportion rises to nearly half. That includes some of the largest funding announcements in the office’s history: more than $7.5 billion to StarPlus Energy for battery manufacturing, $4.9 billion to Grain Belt Express for a transmission project, and nearly $6.6 billion to the electric vehicle company Rivian to support its new manufacturing facility in Georgia.

The acceleration represents a clear push by the outgoing Biden administration to get money out the door before President-elect Donald Trump, who has threatened to hollow out much of the Department of Energy, takes office. Still, there’s a good chance these recent conditional commitments won’t become final before the new administration takes office, as that process involves checking a series of nontrivial boxes that include performing due diligence, addressing or mitigating various project risks, and negotiating financing terms. And if the deals aren’t finalized before Trump takes office, they’re at risk of being paused or cancelled altogether, something the DOE considers unwise, to put it lightly.

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