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The Latest Breaking News from electric vehicle

Hyundai, VW ID.AERO, Hillclimbs & Cadillac: Top EV News July 1, 2022

With electric vehicles catching on in a big way, there's plenty of news to share on a daily basis. Perhaps these interesting stories missed your feed.

InsideEVs

More Than Half Of UK Drivers Cite Low "Fuel" Cost As Benefit Of EVs

More than half of British drivers say the reduced fuel costs of an electric vehicle (EV) would tempt them to make the switch from petrol or diesel power.

InsideEVs

California Goes Ahead With Lithium Tax Despite Protests From EV Suppliers

California has approved a plan to tax the electric vehicle battery metal lithium to generate revenue for environmental remediation projects, Reuters reports. The tax is structured as a flat-rate per tonne and will go into effect in January. Funds generated from the tax will help restore the Salton Sea region from…

Benzinga

From analysis to the latest developments in health,
read the most diverse news in one place.

Electric cars: Are they cheaper to run than petrol and diesel models?

Cost of living crisis and rising energy bills placing households under strain and forcing consumers to take closer look at financial viability of green motoring

The Independent UK

Electric vehicle surge embraced by Ayr United as charging points take off at Somerset Park

The club now has two EV charging points installed outside Somerset Park for public use.

Daily Record

Tesla Tracking Employees With In-Person Attendance Required: Here Are The Details

Electric vehicle company Tesla Inc (NASDAQ: TSLA) announced recently it would require remote workers to return to the office for in-person work. It appeared the company is pretty serious with a new report that stated workers were being tracked and then emailed if they hadn’t returned.

Benzinga

California's Lithium Tax Could Upset GM, Stellantis' EV Ambitions

A proposed flat-rate tax on lithium produced in California's Salton Sea region will shelve the electric vehicle battery metal deliveries to General Motors Company (NYSE: GM) and Stellantis N.V. (NYSE:

Benzinga

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Hyundai, Affiliates Plan To Set Up New Company In US: Reuters

Hyundai Motor Co (OTC:HYMTF) is planning to launch a company along with its two affiliates in the U.S., Reuters reported. Through the move, the company plans to strengthen its presence in the U.S. by exploring business opportunities. In May, Hyundai said it would invest more than $10 billion in the U.S. by…

Benzinga

Europe pushes for all EVs by 2035

A political and economic union in Europe is pushing forward with a plan to ban the sale of new vehicles that run on petrol and diesel by the year 2035. The European Union has five countries that are pushing back against the ban.

Benzinga

Chinese Electric Vehicle Maker Li Auto to Sell $2 Billion of New Shares

‘At-the-market’ offering in U.S. will raise funds for EV technologies, new-model design and replenishing working capital

Caixin Global

Better Tips For Uber Drivers, Consider Getting A Tesla

Ride-share drivers are turning to renting or buying electric vehicles. The move, which was being done to help combat high prices for gas at the pump, is turning into higher tips for some drivers as well.

Benzinga

Some Countries Are Having Second Thoughts About Electric Car Mandates

The United States should consider adopting a market-based strategy for increasing electric vehicle usage.

Reason

Nio Analyst Dismisses Short Seller Allegations: Why They're Bullish On Chinese EV Stock

Shares of Chinese electric vehicle maker Nio Inc - ADR (NYSE: NIO) were falling Wednesday following a new report by short seller Grizzly Research.

Benzinga

Here's Why Volkswagen CEO Thinks Tesla Is Weakening Itself Right Now

The battle for dominance in the electric vehicle market is heating up and Volkswagen AG (OTC: VWAGY) believes it can pass Tesla Inc (NASDAQ: TSLA) in the coming years.

Benzinga

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news in one place.

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Benzinga

Commercial Vehicle Group Predicts Favorable Impact From New Pricing & Business

Commercial Vehicle Group Inc (NASDAQ:CVGI) said it had finalized the renegotiation of new pricing agreements with several of its customers. The company expects the new pricing, effective July 1, to increase run-rate profits by more than $30 million and increase the cash flow as well. CVGI anticipates 2H22 to immediately benefit from…

Wales Online

Confusion over new electric vehicle charging rules in force from Thursday

Nearly three quarters of firms (73%) reported their adoption of EV vehicles had been complicated or held back by recent changes to regulations and grants

Benzinga

Why This Tesla Battery Supplier Is Rethinking $1.3B Arizona Plant

Tesla, Inc. (NASDAQ: TSLA) battery supplier LG Energy Solutions is reportedly having a rethink on its strategy to construct an electric vehicle battery manufacturing plant in the U.S. state of Arizona.

Birmingham Post

300 new jobs created at Nissan's North East plant ahead of production of new electric vehicles

The firm is launching electrified versions of its Juke and Qashqai models, triggering the recruitment drive

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news in one place.

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ABC News

Ford Motor Company provides loan to Liontown Resources to develop Kathleen Valley lithium mine

ASX-listed Liontown Resources signs a deal with US motoring giant Ford to develop a $545 million lithium mine to supply the metal used in electric vehicle batteries.

Bangkok Post

SCG Ceramics unit to tap clean energy trend

SCG Ceramics Plc, a subsidiary of SCG Cement-Building Materials Co, has launched an electric vehicle (EV) charging and solar carport installation service under the Susunn brand in a bid to tap into the growing clean energy trend.

Benzinga

Elon Musk Says This One Union Has 'So Much Power Over The White House' It Can Exclude Him From Meetings

In a recent interview, Tesla Inc (NASDAQ: TSLA) CEO, Elon Musk said about the UAW (the United Auto Workers labor union), “They have so much power over the Whitehouse, they can exclude Tesla from an EV (Electric Vehicle) summit.” The referenced EV summit was

Benzinga

Volkswagen, Siemens, Others Invest Over $700M For Hassle-Free, Cheaper EV Charging

The White House disclosed that companies are looking to invest over $700 million to boost U.S. manufacturing capacity for electric vehicle (EV) chargers, Reuters reports. The move could add at least 2,000 jobs and make charging more accessible and affordable. The investments include $450 million earmarked by Volkswagen AG (OTC:VWAGY) unit Electrify America and over…

Benzinga

Volkswagen In Talks To Sell Stake In US EV Charging Business To Siemens: WSJ

Volkswagen AG (OTC:VWAGY) is nearing a deal to divest a minority stake in its U.S. electric vehicle charging business to a division of Siemens AG (OTC:SIEGY), the Wall Street Journal reported. The deal, if realized, would value Volkswagen’s Electrify America LLC at more than $2 billion. The report added that the funds will…

Asharq Al-Awsat

White House Says Companies Investing $700 Million to Boost EV Charger Production

The White House said on Tuesday that companies are planning to invest more than $700 million to boost US manufacturing capacity for electric vehicle (EV) chargers - actions set to add at least 2,000 jobs and make charging more accessible and affordable. The investments include $450 million earmarked by Volkswagen…

StockNews.com

Buy-Rated Volkswagen Good for The Long Term

One of the world’s largest automobile companies Volkswagen AG (VWAGY), has ambitious plans to be a major electric vehicle (EV) manufacturer and is investing significantly in expanding and improving its EV capabilities. Given its robust financials, discounted valuation, and higher-than-industry profitability, it could be wise to invest in the stock…

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