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The Latest Breaking News from electric vehicle

A federal EV program can save you thousands. How does it work and how do you apply?

Electric vehicles are typically seen as expensive cars to own. But an updated, federal tax program designed to make them more affordable could credit you up to $7,500 for purchasing a new clean vehicle.

Tribune News Service

Hyundai To Invest $8.5 Billion In EV Development, US Factory

Over $5 billion will go towards a brand-new factory in Georgia that will exclusively build all-electric vehicles.

InsideEVs

Uber and Lyft in New York required to be zero-emission by 2030, officials say

Mayor Eric Adams announced the initiative was part of the ‘Working People’s Agenda’ at his second state of the city address

The Guardian - US

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Tesla's biggest competition will be in China, Elon Musk says

Chinese electric vehicle companies are racing ahead on every front, and they may be the biggest threat to Tesla's dominance.

Fortune

How VinFast is gearing up to become America’s next big EV brand

VinFast is expanding rapidly in the electric vehicle market and now has its sights set on taking over North America with four new models.

Inverse

Tesla Reports Record Profits, Confirms Long-term Outlook

Tesla reported another round of record quarterly profits Wednesday while confirming its long-term growth outlook in spite of concerns about rising competition and macroeconomic headwinds. Elon Musk's electric vehicle (EV) company reported fourth-quarter profits of $3.7 billion, up 59 percent from the year-ago period as revenues jumped 37 percent to…

Asharq Al-Awsat

UK car industry output plunges but electric vehicle production surges to new record

British car production has now been falling in every year since its recent peak in 2016

The Independent UK

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Britishvolt ‘collapsed owing £120m’ as UK car industry reports dismal year

Several bids are understood to have been made for assets of failed electric vehicle battery startup

The Guardian - UK

Tesla's profits soared to a record – but challenges are mounting

The company has seen its share value drop sharply, and rivals are edging into the electric vehicle market. But after doubling its profits in a year, Tesla says it has no plans to slow down.

WEKU

Manchin pushes stricter electric vehicle credit rules

Sen. Joe Manchin III and the auto industry are pushing for diverging interpretations of tax breaks in Democrats’ climate and health care budget package enacted last year that defray the cost of buying electric and hydrogen-powered vehicles.

Tribune News Service

Manchin bill would delay tax credits for electric vehicles

Democratic Sen. Joe Manchin is moving to delay new tax credits for electric vehicles, a key feature of President Joe Biden’s landmark climate law

The Independent UK

Honda To Speed Up Bike And Car Electrification Process In April, 2023

Honda is currently in the process of taking significant steps to tackle electric vehicle development, both with its motorcycle and its automotive divisions.

RideApart

Manchin pushes stricter electric vehicle credit rules - Roll Call

Sen. Joe Manchin III and the auto industry are pushing for diverging interpretations of tax breaks in Democrats’ 2022 climate package.

Roll Call

Rivian Opens Its First Solar-Powered EV Chargers In Tennessee

Rivian and solar company Clearloop have switched on the American EV maker’s first solar-powered electric vehicle chargers in the small town of Paris, Tennessee.

InsideEVs

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Zenger

The Next Big Electric Vehicle For General Motors Coming Soon For Affordability For Customers

One of the leading traditional automakers is working to transition to electric vehicles with plans for more than 30 models.

Fortune

EV company Canoo loses another 8 senior employees as it struggles with 2022 production goals

The electric vehicle company has been bleeding talent for years.

Asharq Al-Awsat

A Fifth of New Cars in California Zero-emission in 2022

One-in-five new cars sold in California in 2022 was a zero-emission vehicle, the state said Friday, as the largest car market in the United States charges towards its goal of electrifying its fleet. Last year officials set ambitious targets for boosting the number of electric vehicles (EVs) and plug-in hybrid…

Bangkok Post

OR targets 7,000 EV charging units by 2030

PTT Oil and Retail Business Plc (OR) has vowed to become Thailand's largest electric vehicle (EV) charging service provider, with the number of charging outlets projected to increase to 7,000 by 2030 under the company's "Rise OR" concept.

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ABC News

Electric vehicle charging infrastructure in regional NSW falls short over holidays

Lengthy waits at electric vehicle charging stations at regional towns along the Pacific Highway have prompted calls to improve regional charging infrastructure.

The Conversation

Britishvolt: more evidence UK is falling far behind in race to capture growing EV market

Britishvolt, the would-be electric vehicle (EV) battery maker that recently went into administration, always faced an uphill struggle. The start-up had no track record developing technology and never confirmed how it would raise the £3.8 billion needed to start mass producing batteries, which reduces the average cost per battery.

Salon

The electric car savings gap

A new study says 90% of Americans would save by getting an EV. The other 10%, not so much

Bangkok Post

OR aims for 7,000 EV charging points by 2030

PTT Oil and Retail Business Plc (OR) aims to become the country’s largest electric vehicle (EV) charging service provider, with 7,000 outlets by 2030 under its “Rise OR” concept, says new chief executive Disathat Panyarachun.

Birmingham Post

Britishvolt reaction: Urgent action needed on battery making capacity, says North East expert

Dr Colin Herron, a prominent voice in the electric vehicle industry, had been coordinating regional supply chain support for Britishvolt

The Conversation

Let buyers jump the queue for electric cars by importing them directly

If Australia is to decarbonise our energy system by 2050, we need to start the transition to electric vehicles very soon. Cars sold in the 2030s will mostly still be on the road in 2050, so we have to make sure most of them are electric. But electric cars (including…

Tribune News Service

Stellantis signs nickel sulphate deal for EV batteries

The maker of Jeep SUVs, Ram pickup trucks and other vehicles on Wednesday said it has signed a supply agreement to secure nickel sulphate for electric vehicle batteries.

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