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UK could ease EV sales targets
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 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 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,
UK to review electric car sales targets, says finance minister
Britain has launched a consultation to review the targets set for carmakers to boost electric car sales, finance minister Rachel Reeves said on Wednesday, after industry warnings that the rules could force factory closures and job losses.
California will act if Trump kills $7,500 EV tax credit
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,
Newsom says California to offer EV subsidies if Trump kills federal tax credit
California will seek to relaunch subsidies of electric vehicles if Republicans in Washington follow through on repealing a $7,500 credit.
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 likely that fewer buyers will choose EVs. Yet tax credits or not, auto companies show no intention of retreating from a steady transition away from gas-burning cars and trucks,
Rivian's Georgia EV plant gets $6.6B conditional loan
Biden administration to loan $6.6B to EV maker Rivian to build Georgia factory that automaker paused
President Joe Biden’s administration will loan $6.6 billion to electric vehicle maker Rivian Automotive to build a Georgia factory.
EV maker Rivian gets $6.6 billion federal loan to finish Georgia plant
Rivian paused work on the plant earlier this year amid financial difficulties. The factory is supposed to produce midsize and crossover SUVs.
Biden administration seeking to finalize $6.6B loan to build EV factory before term ends
The Department of Energy (DOE) is working to finalize a $6 billion loan to fund construction for an electric vehicle facility in Georgia.
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 ...
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 ...
2d
on MSN
What the Trump-Musk bromance means for the global EV chessboard
It's hard to tell how Musk will impact Trump's EV agenda over the next four years.
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 ...
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