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UK could ease EV sales targets
UK Backs Down From EV Sales Mandate Carmakers Won’t Meet
The UK government vowed more support for the nation’s car industry and will consult with manufacturers about changing an electric-vehicle sales mandate they won’t meet this year.
UK could ease EV sales targets after backlash from automakers
Britain will reconsider rules that force automakers to produce more electric vehicles after the industry warned that the plan would lead to factory closures and job losses without stronger demand from consumers.
UK to Review Electric Car Sales Targets After Industry Backlash
Britain said on Wednesday it would rethink the rules that force carmakers to produce more electric vehicles after the industry warned that the current plan would lead to factory closures and job losses,
Rivian, Expand EV
Biden Grants Rivian $6.6B Loan to Revive Stalled Georgia EV Factory
The loan is a critical step for the EV maker, which had halted work on its plant after struggling to become profitable.
Rivian Automotive Shares Rise 7% on $6.6B Loan to Expand EV Production
Shares of Rivian Automotive shares were 7% higher in premarket trading after receiving conditional approval for a loan of up to $6.6 billion to boost its EV production capability. Shares were trading around $12.
Rivian Receives Conditional $6.6 Billion U.S. Loan to Expand EV Production
The conditional commitment from the U.S. Department of Energy’s Advanced Technology Vehicle Manufacturing program includes $6 billion in principal and approximately $600 million in capitalized interest.
EV, Tesla and California
Tesla would likely be excluded from new California EV tax credits, governor's office says
Tesla's electric vehicles likely would not qualify for California's new state tax credits under a proposal in the works if President-elect Donald Trump scraps the federal tax credit for EV purchases,
Tesla would likely be excluded from new California EV tax credits, Newsom's office says
Trump's transition team is considering eliminating the federal tax credit of $7,500 for EV purchases, Reuters reported this month.
California may exclude Tesla from EV rebate program
California Gov. Gavin Newsom may exclude Tesla and other automakers from an EV rebate program if the incoming Trump administration scraps a federal tax credit for EV purchases.
23h
Tesla Model Y And Chevy Equinox EV Top Year-End Deals Favoring Lease Over Price
Year-end deals on electric vehicles are starting to surface as Tesla and traditional car dealers take advantage of the ...
10h
Leaked BYD Letter Signals China EV Price War Is Set to Intensify
BYD Co. has asked suppliers to accept price cuts next year in a signal the Chinese electric vehicle maker is preparing for ...
19h
on MSN
Automakers carry on with EV transition plans despite Trump’s threat to kill tax credits
If President-elect Donald Trump makes good on his threat to kill federal tax credits for electric vehicle purchases, it’s ...
18h
on MSN
Elon Musk learns how EV charging works from Pete Buttigieg
You’d think Elon Musk, the CEO of Tesla and its wide-reaching Supercharger network, would already know about the workings of ...
1d
on MSN
California could keep the $7,500 EV credit alive if Trump kills the cost-saving measure, Newsom says
California Gov. Gavin Newsom announced Monday he will provide $7,500 electric vehicle rebates for his state if ...
Reuters on MSN
16h
EV maker VinFast narrows Q3 losses, beats revenue estimates on strong demand
HANOI, Nov 26 (Reuters) - Vietnamese electric vehicle (
EV
) manufacturer VinFast on Tuesday reported a smaller $550 million ...
Business Insider
2h
Tesla and BYD are gearing up for another round in China's brutal EV battle
An icon in the shape of a lightning bolt. Impact Link BYD and Tesla have been playing a game of how-low-can-you-go on
EV
...
9h
Indonesia’s Biggest Taxi Firm Bets BYD Plant to Cut EV Prices
Indonesia’s largest taxi operator expects an upcoming BYD Co. plant will bring electric vehicle prices down as it seeks to ...
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