The Latest Breaking News from electric vehicle

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 · Jun 30, 2022

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 · Jun 30, 2022

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 · Jun 29, 2022

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 · Jun 29, 2022

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…

Benzinga · Jun 29, 2022

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

Wales Online · Jun 29, 2022

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.

Benzinga · Jun 29, 2022

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

Birmingham Post · Jun 29, 2022

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.

ABC News · Jun 29, 2022

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.

Bangkok Post · Jun 28, 2022