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The Latest Breaking News from electric vehicle

How do tax credits for electric cars work?

The Inflation Reduction Act expands eligibility for federal tax credits for electric vehicle owners

USAFacts

EU says US electric vehicle tax credit could break WTO rules

The European Union says a new U.S. tax credit plan aimed at encouraging Americans to buy electric vehicles could discriminate against European producers and break world trade rules

The Independent UK

Northumberland electric vehicle charging firm launches creating new jobs

UK EV Power Connections will design and install charging stations

Birmingham Post

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77 new stations: where you will be able to charge your electric car in Canberra

The ACT government has got more than it bargained for, with three companies to deliver 154 charging plugs in Canberra to make it easier to charge EVs.

The Canberra Times

Electric vehicle group Ideanomics creates 25 tech jobs in Newcastle

The technology division of the New York-listed firm is embarking on a recruitment drive

Birmingham Post

Autonomy Places $1.2 Billion Order For 23,000 EVs With 17 Carmakers

Tesla makes up more than one-third of the $1.2 billion order—$443 million for 8,300 vehicles—with GM coming second with $138.7 million for 3,400 vehicles.

InsideEVs

Illinois gearing up for significant investment in EV charging network along highways

The federal government will be delivering $5 billion over the next five years across the country — with Illinois receiving over $148 million — so states can build out electric vehicle charging infrastructure to support climate-friendly modes of transportation.

Chicago Sun-Times

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Musk Sells Tesla Shares Worth $6.9 Billion, Cites Chance of Forced Twitter Deal

Tesla Inc Chief Executive Officer Elon Musk sold $6.9 billion worth of shares in the electric vehicle maker, saying the funds could be used to finance a potential Twitter deal if he loses a legal battle with the social media platform. "In the (hopefully unlikely) event that Twitter forces this…

Asharq Al-Awsat

Move Over Tesla? This Electric Vehicle Company Thinks It Can Do Robotaxis Better

As the market leader for electric vehicles, Tesla Inc (NASDAQ: TSLA) is being pursued by other electric vehicle upstarts and legacy automakers. An electric vehicle company backed by a leading search engine in China is the latest to call out its potential to one day pass Tesla.

Benzinga

Most electric vehicles won't qualify for federal tax credit

A tax credit of up to $7,500 could be used to defray the cost of an electric vehicle under the Inflation Reduction Act now moving toward final approval in Congress

The Independent UK

Tesla Reportedly Signs $5 Billion Nickel Supply Deal In Indonesia

According to a senior cabinet minister, Tesla signed a five-year contract with nickel processing companies operating out of Indonesia's Sulawesi island.

InsideEVs

Could This Solar Company Get A Boost From Electric Vehicle Chargers?

One of the largest home solar companies is furthering its presence in the electric vehicle space with new Level 2 home chargers. Could the move help the company get a boost in the clean energy sector?

Benzinga

The Democrats' New Inflation Bill Includes Tax Credits for Electric Vehicles That Don't Exist

Even Democrats are criticizing the bill's unrealistic expectations.

Reason

The climate bill could short-circuit EV tax credits, making qualifying for them nearly impossible

The U.S. Senate passed a far-reaching climate, energy and health care bill on Aug. 7, 2022, that invests an unprecedented US$370 billion in energy and climate programs over the next 10 years – including incentives to expand renewable energy and electric vehicles.

The Conversation

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Motor1

Polestar 2 Is Stable But Not Very Fast In The Moose Test

The electric vehicle nails the slalom test, though.

The New Daily

‘Car park for clunkers’: Government urged to act on $5.9 billion petrol opportunity

The Albanese government is being urged to transform Australia from a “carpark for clunkers” into a destination for the latest electric vehicles.

Birmingham Post

Electric vehicle charging firm Zap-Map secures £9m in latest funding round

The company was valued at £26.3m following the raise

ABC News

Motorists could have saved $5.9bn on fuel if efficiency standards were introduced in 2015, The Australia Institute report finds

A report says Australian motorists could have saved $5.9 billion on fuel costs if efficiency standards were introduced in 2015. Let's have a look at what the paper says.

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news in one place.

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Motor1

Old Dacia Logan MCV Morphs Into Lada's First Electric Vehicle

The e-Largus is still a prototype but it will hit the road next year.

The Canberra Times

Car industry heading for a showdown on electric vehicles and transport emission

The war drums are beating on tougher emission standards with the car industry lobby preparing to commit millions to "shape" public debate and protect its members.

ABC News

Vehicle emissions standard could be on the table ahead of electric vehicle summit

Car-makers are hopeful the government could introduce carbon emission limits on car makers, as a new report finds standards could have saved motorists billions of dollars on fuel.

The New Daily

The speed bumps on the road to EV adoption

Australia is accelerating its EV adoption, but there are some road blocks to clear if battery electric vehicles are to contribute to net-zero emissions.

Benzinga

Tesla's Event-Filled Shareholder Meeting, Toyota On Damage-Control Mode, Lucid Comes Up Short, Romeo Finds Suitor And More: Week's Biggest EV Stories

Most electric vehicle stocks finished the week ending Aug. 5 higher, with the exception of industry giant Tesla, Inc. (NASDAQ: TSLA) and a handful of other companies.

The Canberra Times

Fresh electric vehicle transport ideas on show in Canberra

Some of Australia's smartest future transport thinkers are showing off their ideas at Canberra's electric vehicle expo

Birmingham Post

Nissan launches sustainable finance project to fund electric vehicle production and eco-technologies

The global car manufacturer said it would raise funds needed to support sustainability efforts

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