South Korea’s biggest electric car batterymakers and Hyundai Motor Co. have expressed concern over new U.S. legislation aimed at boosting domestic production of EVs and reducing the use of Chinese materials.
August 12, 2022Search
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Mercedes, CATL Partner on $7.6 Billion Hungary Battery Plant
Mercedes-Benz Group AG will join China’s Contemporary Amperex Technology Co. Ltd. in building a battery factory in Hungary with an investment of as much as $7.6 billion.
August 12, 2022Tesla, Nikola Race for Up to $40,000 Incentives
The Inflation Reduction Act would give up to $40,000 tax credits per heavy-truck purchase, suggesting that competition to get the Tesla Semi to compete with Nikola will heat up.
August 12, 2022Pennsylvania Experts, Lawmakers Ponder AV Safety Regulations
When it comes to autonomous vehicles, there isn’t just one way to go about safety. State regulators draft legislation. Independent firms create recommendations. Individual companies devise their own protocols. Stakeholders can agree on one thing: Safety is important.
August 11, 2022Congress Eyes Finish Line for Freight-Centric Budget Bill
Debate on a multibillion-dollar budget bill targeting supply chain connectivity concerns, clean energy initiatives and economic incentives remains front-and-center on Capitol Hill.
August 11, 2022Gas Prices Dip Just Below $4 for First Time in 5 Months
Gasoline prices dipped to just under the $4 mark for the first time in more than five months — good news for consumers who are struggling with high prices for many other essentials.
August 11, 2022US House Lawmakers Unveil AV Caucus
Two House lawmakers formed a group to promote autonomous vehicle policies on Capitol Hill. Their aim is to generate support from colleagues for comprehensive legislation targeting the technology.
August 10, 2022Entire US Supply Chain Needs 24/7 Operations, Not Just Ports, Official Says
All parts of the U.S. supply chain — not just its ports — need to move to round-the-clock operations to alleviate snarl-ups and reduce overall costs, President Joe Biden’s supply chain czar said.
August 10, 2022FHWA Charting Path for National EV Charging Network
Due to a lack of national standards and different practices at electric vehicle charging stations, the Federal Highway Administration is preparing to establish regulations that shape what those stations must be like in states that receive federal funds.
August 9, 2022Micron’s Warning Adds to Evidence of Collapsing Demand for Chips
Micron Technology Inc., the leading U.S. maker of memory semiconductors, became the latest chipmaker to declare that demand is falling off rapidly. It warned investors that revenue won’t meet projections, sending industry stocks tumbling.
August 9, 2022