electric vehicle News Updates

GovernmentBusinessEquipmentFuel

EV Tax Credit Rules Leave Carmakers in the Dark — Again

Automakers who are waiting for the U.S. Treasury Department to help them figure out which of their cars are eligible for lucrative electric-vehicle tax credits will have to keep waiting.

April 3, 2023
GovernmentBusinessEquipmentFuelBreaking News

EPA OKs California Rules Phasing Out New Diesel Trucks

The U.S. Environmental Protection Agency has granted California environmental regulators waivers to officially move forward with the agency’s aggressive plans to transition diesel trucks to electric vehicles and expand the length of truck warranties.

March 31, 2023
GovernmentBusinessTechnology

Many Electric Vehicles to Lose Big Tax Credit With New Rules

WASHINGTON — Fewer new electric vehicles will qualify for a full $7,500 federal tax credit later this year under rules proposed March 31 by the U.S. Treasury Department.

March 31, 2023
GovernmentBusinessTechnologyEquipmentFuel

Tesla Pursues US Battery Plant With China’s CATL

Tesla Inc. is looking to build a battery plant in the U.S., according to people familiar with the matter, in what would likely be a controversial arrangement with China’s dominant electric vehicle battery manufacturer.

March 30, 2023
BusinessTechnologyEquipmentFuelTCA

How a Georgia Plant Helps Solve a Huge EV Supply Chain Kink

COVINGTON, Ga. — Ascend Elements takes spent lithium-ion batteries and scrap from EV battery makers and grinds them to dust, salvaging minerals for reuse in new EV power sources.

March 30, 2023
BusinessTechnologyFuel

EV Startup Lucid to Cut 1,300 Jobs, 18% of Its Workforce

Lucid Group Inc. is eliminating 18% of its workforce, including employees and contractors, as the electric vehicle startup looks to cut costs in its second full year of production.

March 28, 2023
GovernmentBusinessTechnologyFuelTCA

EV Charging Kicks Off Its Own Industry Trade Show

The electric vehicle charging industry will join Southern Nevada’s robust convention schedule with the inaugural EV Charging Summit and Expo on March 29.

March 28, 2023
GovernmentBusinessTechnology

US Challenges China’s EV Supply Chain

The magnitude of the challenge it will be for the U.S. to loosen China’s grip on the electric vehicle supply chain is coming into sharper relief.

March 28, 2023
GovernmentBusinessTechnology

US, Japan Reach Deal on Vital Minerals for EV Batteries

TOKYO — Japan and the United States have reached an agreement on trade in critical minerals for electric vehicle batteries, part of an effort to ensure secure supplies of strategically important resources.

March 28, 2023
GovernmentBusinessTechnologyFuel

EV Battery Aid Hangs in Balance as US Finalizes Climate Law

The interpretation of a regulation by the Treasury Department could upend expectations for how tens of billions of dollars in new electric vehicle tax incentives will be distributed.

March 22, 2023