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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

Can carbon credits help close coal plants?

A few dozen kilometers from the Philippine capital Manila sits a coal plant that some hope could be a model for how developing countries can quit the polluting fossil fuel......»»

Category: topSource:  physorgRelated NewsOct 9th, 2024

BYD targets 100,000 EV sales in Mexico in 2025

BYD will announce where it will build its first factory in Mexico by the end of this year......»»

Category: topSource:  autonewsRelated NewsOct 9th, 2024

GM expects lower EV losses in 2025, will drop Ultium name

GM executives did not say if EVs will be profitable in 2025. They pointed to the improving trajectory as a sign of progress in GM's EV strategy......»»

Category: topSource:  autonewsRelated NewsOct 8th, 2024

Lower-priced Chevy Silverado EV retail trim to qualify for $7,500 tax credit

The 2025 Silverado EV LT will have a range of up to 408 miles and a 12,500-pound tow rating, surpassing the Ford F-150 Lightning's top specs of 320 miles and 10,000 pounds......»»

Category: topSource:  autonewsRelated NewsOct 8th, 2024

GM drops Ultium name for EV platform

General Motors said at an Oct. 8 investor day that it expects to build roughly 200,000 EVs this year as it targets profitability......»»

Category: topSource:  autonewsRelated NewsOct 8th, 2024

Prestone"s new EV coolants are designed to enhance safety, reduce corrosion

Prestone's new formulations have been engineered to reduce fires caused by thermal runaway, prevent corrosion and improve the efficiency of plug-in hybrid vehicles, battery electric and hydrogen fuel cell vehicles......»»

Category: topSource:  autonewsRelated NewsOct 8th, 2024

Here"s why saltwater flooding can lead to EV battery fires

Florida has seen at least 16 lithium ion battery fires in the wake of Hurricane Helene, six associated with electric vehicles......»»

Category: topSource:  autonewsRelated NewsOct 8th, 2024

Production starts at Hyundai"s massive EV factory in Georgia

U.S.-assembled versions of the 2025 Hyundai Ioniq 5 compact crossover will arrive at dealer lots this year......»»

Category: topSource:  autonewsRelated NewsOct 8th, 2024

Lucid Q3 sales rise 91% to record 2,781 on generous incentives for Air sedan

Lucid Q3 production increased a modest 16% as the automaker cleared out vehicle inventory. The EV startup's stock price rose about 2% higher in midday trading......»»

Category: topSource:  autonewsRelated NewsOct 7th, 2024

Nissan joins forces with Ford, Honda and BMW in EV charging alliance

Nissan is joining ChargeScape, the alliance created by three of its competitors: Ford Motor Co., American Honda Motor Co. and BMW......»»

Category: topSource:  autonewsRelated NewsOct 7th, 2024

Paris auto show preview: The battle against Chinese upstarts will be electric

European and North American brands head to the Paris show with a watchful eye on Chinese EV rivals......»»

Category: topSource:  autonewsRelated NewsOct 7th, 2024

Bankrupt EV maker Fisker faces probe by U.S. securities regulator; multiple subpoenas issued

Fisker is selling off its assets and plans to ask a U.S. bankruptcy judge to approve its liquidation plan at an Oct. 9 hearing in Wilmington, Del......»»

Category: topSource:  autonewsRelated NewsOct 5th, 2024

Daily 5 report for Oct. 4: Rough times for EV makers, but future looks good

EV maker Rivian reported disappointing Q3 sales, but electrification news should improve next week as The Battery Show highlights the latest technologies......»»

Category: topSource:  autonewsRelated NewsOct 5th, 2024

Apple showcases all the things Camera Control can do in new iPhone 16 video

Apple has a new video out promoting the iPhone 16. While previous ads have spotlighted the forthcoming Apple Intelligence features, this latest video is all about Camera Control. And if you pay close attention, you’ll notice a key detail about Appl.....»»

Category: topSource:  pcmagRelated NewsOct 5th, 2024

Which EVs come with the best free EV chargers?

Charging at home makes owning an EV a whole lot more convenient, and most EVs come with a free charger. But who offers the best free home charger?.....»»

Category: topSource:  digitaltrendsRelated NewsOct 4th, 2024

Galaxy Ring Now FSA, HSA Eligible

Samsung announced this morning that Galaxy Ring is now FSA and HSA eligible, meaning US buyers can utilize pre-tax dollars to get themselves this wearable. Related: Living With Galaxy Ring To go this route, you’ll need to buy yourself the Galax.....»»

Category: mobileSource:  droidlifeRelated NewsOct 4th, 2024

Tesla plans four new batteries in 2026, including for robotaxi, The Information reports

Tesla plans four new batteries in 2026. Tesla sources most of its EV batteries from other companies, including Panasonic Energy and LG Energy but wants to ramp up production of its 4680 battery cells......»»

Category: topSource:  autonewsRelated NewsOct 3rd, 2024

Toyota delays EV output at Ky. plant for ‘production’ issues

The world’s biggest automaker is pushing back the start of EV production in the U.S. to the first half of 2026, after reportedly slashing its global sales outlook for battery electrics......»»

Category: topSource:  autonewsRelated NewsOct 3rd, 2024

U.S. offers EVgo conditional $1.05 billion loan for EV chargers

If finalized, the loan guarantee will support EVgo's deployment of about 7,500 public stalls with high power chargers that can power two EVs simultaneously at nearly 1,100 stations......»»

Category: topSource:  autonewsRelated NewsOct 3rd, 2024

Auto industry risks from port strike to rise exponentially each day, analysts say

One day after the port strike on the East and Gulf coasts began, the backlog of automotive parts that some suppliers and automakers import into the U.S. grew by about a week, according to an industry trade expert......»»

Category: topSource:  autonewsRelated NewsOct 2nd, 2024