The Biden administration has recently issued long-awaited guidance that outlines limitations on Chinese content in batteries eligible for electric vehicle (EV) tax credits starting in 2024. This move is seen Full Article »
General Motors (GM) is currently facing financial losses on each electric vehicle (EV) it sells, but the company is optimistic about turning a profit by 2025. Chief Financial Officer Paul Full Article »
In a recent plea, nearly 4,000 dealerships have collectively urged President Biden to apply the brakes to the rapid acceleration of the electric vehicle (EV) revolution. The call, conveyed in Full Article »
In the dynamic realm of the automotive sector, a nuanced shift seems to be unfolding as major players reevaluate their electric vehicle (EV) strategies amid changing market dynamics. Beyond General Full Article »
The electric vehicle (EV) market in the United States is poised to achieve a historic milestone this year, with projections indicating that EV sales will reach a record 9% of Full Article »
Toyota’s foray into solid-state battery technology, a promising frontier for electric vehicles, has garnered unwanted attention with recent announcements suggesting a tempered initial rollout. While Toyota, at the forefront of Full Article »
New Jersey has taken a bold and somewhat controversial step towards environmental sustainability by announcing a ban on the sale of new gasoline-powered vehicles by 2035. This initiative, aimed at Full Article »
Ford Motor is adjusting its plans for an electric-vehicle (EV) battery plant in Michigan, opting to scale back investment, capacity, and job numbers amid concerns from U.S. lawmakers regarding the Full Article »
Redwood Materials has recently inked a long-term contract to supply Toyota Motor with recycled materials, catering to the Japanese automaker’s ambitious $13.9 billion electric vehicle (EV) battery plant in North Full Article »
Mercedes-Benz wants to revolutionize the electric vehicle (EV) charging landscape in North America with the launch of its first Charging Hub at the Mercedes-Benz USA Headquarters in Sandy Springs, Georgia. Full Article »
The U.S. Department of Energy is taking substantial steps to bolster the domestic electric vehicle (EV) battery industry by announcing an additional $3.5 billion in funding. This initiative is aimed Full Article »
Polestar is aiming to revolutionize electric vehicle (EV) charging with a pioneering battery technology developed by Israeli-based start-up StoreDot. The breakthrough promises to address a critical concern surrounding EVs—lengthy charging Full Article »
A recent study conducted by iSeeCars in the United States has revealed that electric vehicles (EVs) experience higher depreciation than internal combustion engine (ICE) cars and hybrids after five years Full Article »
Exxon Mobil is making a foray into the electric vehicle (EV) market, unveiling its lithium strategy aimed at initiating lithium production in Arkansas by 2026. This exclusive information comes from Full Article »
Volkswagen is making good on the promise to introduce an affordable electric vehicle (EV) priced under $35,000 to the U.S. market within the next 3-4 years. The announcement was made Full Article »