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 »
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 »
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 »
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 »
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 »
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 »
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 »
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 »
In February, U.S. Tesla registrations experienced a shocking decline, plummeting by 25 percent compared to the same period last year. This downturn had a ripple effect, dragging down the broader Full Article »
Bidirectional electric vehicle (EV) charging, also known as vehicle-to-grid (V2G) charging, is rapidly transitioning from a theoretical concept to a tangible reality, with automakers and various stakeholders eagerly embracing its Full Article »
Nissan recently announced its intention to commence the mass production of electric vehicles equipped with cutting-edge next-generation batteries by early 2029. This move signifies a strategic shift for Japan’s traditional Full Article »
Tesla is looking to have a slight workforce reduction, according to several trusted sources. The company, facing declining sales and heightened competition in the electric vehicle market, plans to lay Full Article »
In response to the recent Reuters article titled “Exclusive: Tesla scraps low-cost car plans amid fierce Chinese EV competition,” Elon Musk has taken to his platform to dispute the claims. Full Article »
The CEO of Stellantis, Carlos Tavares, emphasized the imperative for the automotive industry to significantly reduce the weight of electric vehicle (EV) batteries by 50% within the next decade to Full Article »
Nissan and Mitsubishi have recently announced a collaboration aimed at bolstering their presence in the U.S. market. The partnership marks a departure from their previous endeavors, with a focus on Full Article »
