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Automakers ask U.S. Treasury for clarity, flexibility in forthcoming guidance on EV tax credits

Under the recently signed Inflation Reduction Act, the U.S. Treasury Department is required to issue proposed guidance by the end of the year that will further define how to meet the EV tax credit's eligibility constraints......»»

Category: topSource:  autonewsNov 7th, 2022

GM launches PowerBank, a battery that could rival Tesla’s PowerWall

General Motor’s unit GM Energy has just released PowerBank, a stationary energy storage battery pack, which gives electric vehicles (EV) owners the ability to store and transfer energy from the electric grid, and the option of integrating with sola.....»»

Category: topSource:  digitaltrendsRelated News21 hr. 26 min. ago

Elon Musk reveals Hollywood vision for Tesla, but new budget model is a no-show

Musk presented an autonomous Cybercab for 2026 then a futuristic Robovan, but investors want to see a budget $25,000 EV that Tesla could start selling next year to boost volume......»»

Category: topSource:  autonewsRelated NewsOct 11th, 2024

A tiny iPhone 16 Pro feature is my sleeper hit of the year

If you were asked to list off the iPhone 16 Pro’s changes, what would come to mind? Likely Camera Control, better battery, improved cameras, the forthcoming Apple Intelligence, and so on. These are clearly the headliners. But there’s one tiny upg.....»»

Category: topSource:  marketingvoxRelated NewsOct 11th, 2024

Polestar CEO Michael Lohscheller starts review after deliveries disappoint

New boss Michael Lohscheller said the Swedish EV maker will develop its commercial capabilities so it can go “from showing to actively selling cars.”.....»»

Category: topSource:  autonewsRelated NewsOct 11th, 2024

International Motor Sports Association preps for growing roster of automakers and rising fan interest

The International Motor Sports Association had 18 brands competing in various series in the 2024 season. More automakers are set to join......»»

Category: topSource:  autonewsRelated NewsOct 11th, 2024

GM touts broad profitability to build investor confidence amid EV shift

CFO Paul Jacobson said GM expects flat financial results in 2025 even if pricing declines and that the automaker's outlook should inspire confidence about its earnings potential......»»

Category: topSource:  autonewsRelated NewsOct 11th, 2024

Top 5 stories of the week: Stellantis executive shuffle; GM expects to pare EV losses

A quick look at the top automotive stories of the week as determined by reader interest......»»

Category: topSource:  autonewsRelated NewsOct 11th, 2024

Donald Trump, in Detroit, says he would make interest on car loans tax deductible

He also said if elected, he will invoke a six-year renegotiation provision of the United States-Mexico-Canada Agreement that took effect in 2020......»»

Category: topSource:  autonewsRelated NewsOct 10th, 2024

Donald Trump, in Detroit, says he would make interest on car loans tax-deductible

He also said if elected, he will invoke a six-year renegotiation provision of the United States-Mexico-Canada Agreement that took effect in 2020......»»

Category: topSource:  autonewsRelated NewsOct 10th, 2024

Next-gen Chevrolet Bolt EV to be part of vehicle ‘family," GM says

GM President Mark Reuss said the Bolt will return for the 2026 model year with updated technology and faster charging than the original......»»

Category: topSource:  autonewsRelated NewsOct 10th, 2024

Nissan joins ChargeScape, a way for EV owners to sell watts back to the grid

Nissan is joining ChargeScape, a vehicle-to-grid (V2G) venture backed by BMW, Ford, and Honda. The launch comes ahead of Tesla's expected V2G adoption in 2025......»»

Category: topSource:  digitaltrendsRelated NewsOct 9th, 2024

GM ditches failed Ultium battery branding as its EV sales soar

GM says it's time to embrace new cell formats and chemistries. General Motors is shaking up its electric vehicle strategy once again. Despite bumper EV sales in 2024, the US autom.....»»

Category: topSource:  arstechnicaRelated NewsOct 9th, 2024

Industry sees influx of qualified minority dealer candidates, NAMAD president says

Automakers see the most success with minority dealer growth when it's a business directive that comes from the top of the company, said NAMAD President Perry Watson IV......»»

Category: topSource:  autonewsRelated NewsOct 9th, 2024

Solid-state batteries need proven benefits over lithium ion to become EV market player

As solid-state battery technology evolves, lithium ion batteries, which power the vast majority of EVs on the road, are also advancing......»»

Category: topSource:  autonewsRelated NewsOct 9th, 2024

North America can seize EV leadership from China, GM battery chief says

The U.S. can seize global leadership on electric vehicle batteries as the customer base for EVs grows, said Kurt Kelty, General Motors' vice president of batteries......»»

Category: topSource:  autonewsRelated NewsOct 9th, 2024

Tesla to unveil robotaxi after years of Elon Musk"s unfulfilled promises

Tesla's "Cybercab" would serve a key role in a future, company-run ride-share service. The EV maker could also show a low-cost vehicle for the masses and a self-driving van, analysts said......»»

Category: topSource:  autonewsRelated NewsOct 9th, 2024

General Motors is ditching Ultium branding for its EV batteries

GM says it's time to embrace new cell formats and chemistries. General Motors is shaking up its electric vehicle strategy once again. Despite bumper EV sales in 2024, the US autom.....»»

Category: topSource:  arstechnicaRelated NewsOct 9th, 2024

Stellantis holds off on megacasting championed by Tesla and Volvo

The technique was pioneered by Tesla to reduce manufacturing times and costs. Volvo, Nissan, Ford, Toyota and Hyundai are among automakers either using or planning to use it.  .....»»

Category: topSource:  autonewsRelated NewsOct 9th, 2024

Stellantis holds off on megacasting, championed by Tesla and Volvo

The technique was pioneered by Tesla to reduce manufacturing times and costs. Volvo, Nissan, Ford, Toyota and Hyundai are among automakers either using or planning to use it.  .....»»

Category: topSource:  autonewsRelated NewsOct 9th, 2024

Tesla to unveil robotaxi after years of CEO Elon Musk"s unfulfilled promises

Tesla's "Cybercab" would serve a key role in a future, company-run ride-share service. The EV maker could also show a low-cost vehicle for the masses and a self-driving van, analysts said......»»

Category: topSource:  autonewsRelated NewsOct 9th, 2024