Tag: electric vehicles (EV)
Is China Losing Its Hold on the World’s Rare Earths Market?
For years, China has dominated the global market for rare earth metals. These vital materials are used...
Nissan to Trim Production at US Plant, Cites Chip Shortage
Nissan Motor Co's U.S. arm said on Wednesday, Nov. 9 that supply chain issues will force it to trim production...
Hyundai Breaks Ground on $5.5 Billion EV Plant, Boasts Production Capacity
ELLABELL, Ga. (Reuters) — Hyundai Motor Co broke ground on a $5.54 billion electric vehicle (EV) and...
Volkswagen Poised to Rake in Almost Half of Spain’s EV Subsidies
MADRID (Reuters) — Volkswagen's Spanish subsidiary SEAT will rake in almost half of the nearly 900 million...
Biden Awards $2.8 Billion to Boost US Mineral Output for EV Batteries
WASHINGTON (Reuters) — The Biden administration said on Wednesday, Oct. 19 that it will be awarding $2.8...
US Seeks Input on Climate Law’s $270 Billion in Tax Breaks
WASHINGTON (Reuters) — The U.S. Treasury Department said on Wednesday, Oct. 5 that it would be seeking...
Tesla to Keep Output at Upgraded Shanghai Plant Below Maximum: Sources
SHANGHAI (Reuters) — Tesla plans to hold production at its Shanghai plant at about 93 percent of capacity...
Tesla Expected to Lose Throne to Volkswagen as World’s Largest Electric Vehicle Maker: Bloomberg
On Tuesday, June 14, Bloomberg released a study that hints that electric vehicle (EV) maker Tesla will...
COVID Lockdowns Cut 98% of Tesla’s April China Sales, Production Also Hard-Hit
As China continues implementing citywide lockdowns in Shanghai and Beijing in order to uphold its “zero-COVID...
Looming Electric Vehicle Battery Shortage Could Last Decades, Rivian CEO Warns
RJ Scaringe, CEO of Rivian, an American electric vehicle and automotive technology company, is warning...
New York State Passes Law to Restrict Sales of Fossil Fuel Vehicles by 2035
On Sept. 8, New York Governor Democrat Kathy Hochul signed a bill that will ban the sale of fossil fuel-based...