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Automotive

Seven-Automaker EV Charging Venture IONNA Selects Durham, NC for new Global Headquarters

Seven-Automaker EV Charging Venture IONNA Selects Durham, NC for new Global Headquarters

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IONNA, the charging network formed by seven major automakers, including BMW, General Motors, Honda, Hyundai, Mercedes-Benz, Kia, and Stellantis, has chosen Durham, North Carolina, as its global headquarters. This strategic  Full Article »

Automotive

Volkswagen Aims to Keep Gas-Burning Engines Alive and Will Invest Billions to Do It

Volkswagen Aims to Keep Gas-Burning Engines Alive and Will Invest Billions to Do It

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Volkswagen is shifting its strategy, allocating a substantial portion of its budget initially dedicated to electric vehicles (EVs) to maintain the competitiveness of its gas and diesel engines. Out of  Full Article »

Automotive

GM Delays Planned Retooling of St. Catharines Propulsion Plant in Canada to Produce EV Motors

GM Delays Planned Retooling of St. Catharines Propulsion Plant in Canada to Produce EV Motors

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General Motors (GM) has decided to delay its plans to produce electric vehicle (EV) motors at the St. Catharines Propulsion Plant in Canada. The exact costs for retooling the plant  Full Article »

Automotive

Slow EV Charging Network Buildout Hinders Adoption Rates Despite $5 Billion Government Investment

Slow EV Charging Network Buildout Hinders Adoption Rates Despite $5 Billion Government Investment

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The federal government has allocated $5 billion over five years to develop a comprehensive network of electric vehicle (EV) charging stations along interstate highways. The goal is to place stations  Full Article »

Automotive

Study: Americans Still Prefer Gas Vehicles Over EVs or Hybrids

Study: Americans Still Prefer Gas Vehicles Over EVs or Hybrids

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In life, as you get older, some things just don’t surprise you much, such as a recent study confirming that Americans still prefer gas vehicles over EVs (electric vehicles) or  Full Article »

Automotive

GM and LG Reach $150 Million Settlement for Chevrolet Bolt EV Owners Affected by Defective Batteries

GM and LG Reach $150 Million Settlement for Chevrolet Bolt EV Owners Affected by Defective Batteries

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General Motors (GM) and South Korea’s LG Energy Solution, along with LG Electronics, have reached a $150 million settlement to support Chevrolet Bolt EV owners affected by defective batteries. This  Full Article »

Automotive

Honda Reaffirms Commitment to Electric Vehicles with $65 Billion Investment Through 2030

Honda Reaffirms Commitment to Electric Vehicles with $65 Billion Investment Through 2030

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Honda recently reiterated its dedication to electric vehicles (EVs), outlining an ambitious plan to invest $65 billion by fiscal 2031 to propel EV models worldwide, notably in the U.S. and  Full Article »

Automotive

Official: Biden Admin Imposes 102% Tariff on Chinese-Made EVs, Computer Chips, Medical Products

Official: Biden Admin Imposes 102% Tariff on Chinese-Made EVs, Computer Chips, Medical Products

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Just yesterday we reported that Biden could impose a 100% tax on Chinese EVs (electric vehicles) imported to the US. Now, it is official – the Biden administration has implemented  Full Article »

Automotive

Biden To Impose 100% Tax on Chinese Electric Vehicle Imports

Biden To Impose 100% Tax on Chinese Electric Vehicle Imports

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President Joe Biden’s administration is set to significantly increase tariffs on electric vehicles (EVs) imported from China, a move that could nearly double their prices in the US. Originally implemented  Full Article »

Automotive

Electric Vehicle Battery Rules Loosened, Could Make More EVs Eligible for Tax Credits

Electric Vehicle Battery Rules Loosened, Could Make More EVs Eligible for Tax Credits

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The recent adjustments to electric vehicle (EV) tax credit regulations in the United States mark a major shift that could expand the pool of eligible EVs for tax incentives. Under  Full Article »

Automotive

Stellantis Incorporating Flexibility of Putting Gas Engines Back into Future Electric Vehicle Platforms

Stellantis Incorporating Flexibility of Putting Gas Engines Back into Future Electric Vehicle Platforms

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Stellantis is on track to achieve an all-electric passenger-vehicle lineup in Europe by 2030, with a 50 percent target in the United States under its Dare Forward 2030 initiative. Despite  Full Article »

Automotive

Toyota Investing $1.4 Billion in Indiana Plant for Future Electric 3-Row Large SUV

Toyota Investing $1.4 Billion in Indiana Plant for Future Electric 3-Row Large SUV

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Toyota is making strides in its commitment to electric vehicle (EV) production with a hefty $1.4 billion investment in its Indiana plant. This investment is earmarked for the development of  Full Article »

Automotive

FedEx & UPS Pump Brakes on EV Transitions Due to Low Supply and Battery Shortages

FedEx & UPS Pump Brakes on EV Transitions Due to Low Supply and Battery Shortages

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FedEx and UPS are facing challenges in transitioning to electric vehicles (EVs) due to shortages in supplies and batteries. These shortages not only limit the availability of EVs but also  Full Article »

Automotive

Honda Investing $11 Billion on Electric Vehicle Assembly and Battery Output in Canada

Honda Investing $11 Billion on Electric Vehicle Assembly and Battery Output in Canada

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Honda is set to embark on a substantial investment journey in Canada, earmarking a staggering $11 billion towards the establishment of electric vehicle assembly and battery output facilities. The announcement,  Full Article »

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