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EU envoy "hopeful" about getting changes to U.S. EV tax rules

Shutting out European producers from the U.S. market would be "a guarantee of failure" for both economies, European Union Ambassador Stavros Lambrinidis said......»»

Category: topSource:  autonewsNov 11th, 2022

The CEO of Ford says he"s been driving a Xiaomi EV for the past 6 months and doesn"t want to give it up

The CEO of Ford says he"s been driving a Xiaomi EV for the past 6 months and doesn"t want to give it up.....»»

Category: topSource:  informationweekRelated NewsOct 23rd, 2024

Trump says he"ll make interest on car loans tax deductible for vehicles made in U.S.

Trump has not specified if the tax breaks would be available to many foreign-owned automakers who produce millions of vehicles in the U.S., including Volkswagen Group, Toyota and Hyundai......»»

Category: topSource:  autonewsRelated NewsOct 23rd, 2024

Rich Americans may be about to lose a tax benefit they love — and now they"re racing to get their affairs in order

Rich Americans may be about to lose a tax benefit they love — and now they"re racing to get their affairs in order.....»»

Category: topSource:  pcmagRelated NewsOct 23rd, 2024

EV shipments to Europe soar ahead of planned EU tariffs

Automakers from Asia’s biggest economy shipped 60,517 EVs to the 27 nations in the European trade bloc last month, up 61 percent from last year, according to customs data......»»

Category: topSource:  autonewsRelated NewsOct 22nd, 2024

Mercedes-Benz opens its own recycling facility for EV batteries

Making new EV batteries from old EV batteries is a no-brainer. Today, Mercedes-Benz opened its first battery-recycling plant in Germany. The new plant will use an "integrated mech.....»»

Category: topSource:  informationweekRelated NewsOct 21st, 2024

Ford, Calif. dealership can"t coerce customer into arbitration over lemon law complaint, appeals court rules

Ford Motor Co. and the dealership that serviced a 2020 F-250 Super Duty can't force the pickup's owners to arbitrate their lemon law claim, a California appeals court ruled......»»

Category: topSource:  autonewsRelated NewsOct 21st, 2024

Not just a surf wagon: Volkswagen has big plans for ID Buzz EV as its global robotaxi platform

Volkswagen's ID Buzz electric vehicle represents the company's global robotaxi platform. It's undergoing both hardware and software updates as the company works toward a 2026 launch of commercial service......»»

Category: topSource:  autonewsRelated NewsOct 21st, 2024

EU delays on dangerous chemicals threaten health, environment: watchdog

The European Commission's long delays in deciding whether some dangerous chemicals can be used pose a threat to human health and the environment, the EU's rights watchdog said on Monday......»»

Category: topSource:  physorgRelated NewsOct 21st, 2024

GM, Ford brace for investor scrutiny over Q3 pricing power, EV losses

GM is set to release its results for the July to September period on Oct. 22, while crosstown rival Ford will report on Oct. 28......»»

Category: topSource:  autonewsRelated NewsOct 21st, 2024

Collecting taxes on Airbnb home rentals could help curb the rise in housing costs

Home-rental platforms like Airbnb are known to drive up housing costs, but a new study shows that doing a better job of collecting the taxes owed by these home rentals appears to slow the rise in home prices. The finding suggests that tax policy can.....»»

Category: topSource:  physorgRelated NewsOct 18th, 2024

Breathing space—smart parking policies improve city dwellers" lives in EU

Researchers have put in place smart parking set-ups that offer residents across Europe cleaner air, more greenery and space to play......»»

Category: topSource:  physorgRelated NewsOct 18th, 2024

The 2025 GMC Sierra EV Denali is $10K cheaper than the 2024 model

The 2025 GMC Sierra EV Denali has been announced, and it's thankfully a whole lot cheaper than the 2024 model -- without sacrificing things like range......»»

Category: topSource:  digitaltrendsRelated NewsOct 18th, 2024

CATL reports big miss in quarterly income as EV demand cools

Contemporary Amperex Technology Co. Ltd. reported quarterly net income well short of analyst estimates as the global slowdown in electric vehicle sales starts to bite. While net income for the third quarter ended Sept. 30 rose 26 percent to 13.1 b.....»»

Category: topSource:  autonewsRelated NewsOct 18th, 2024

Ally Q3 earnings: net income up 20% despite weak auto finance quarter

Ally Financial's net income rose by more than 20 percent during the third quarter, supported in part by the tax credits it captured from a new emphasis on writing car leases. But Ally's Q3 2024 earnings were hindered by a more than 50 percent decline.....»»

Category: topSource:  autonewsRelated NewsOct 18th, 2024

How extreme weather and costs of housing and insurance trap some households in a vicious cycle

Climate change is increasing the risk of extreme weather events for Australian households. Floods and bushfires are becoming more likely and severe. As a result, household insurance costs are soaring—tripling in some cases. High-risk areas might ev.....»»

Category: topSource:  marketingvoxRelated NewsOct 18th, 2024

Apple strong passwords aren’t entirely random, but are cleverly designed

Whenever an Apple device generates a strong password for you, the structure of those secure passwords isn’t entirely random. Instead, Apple created rules specifically designed to make them easier to type if you ever have to do that manually, and.....»»

Category: gadgetSource:  9to5macRelated NewsOct 18th, 2024

Developers now required to provide public address and phone number for EU App Store

As we reported in August, a change coming to the App Store in the European Union would force developers to provide a public address and phone number that would become visible to customers in the region. As of today, the change has come into effect an.....»»

Category: gadgetSource:  9to5macRelated NewsOct 18th, 2024

Ford paying dealers to take F-150 Lightnings from new EV distribution centers

Dealers can make $22,500 by ordering 15 F-150 Lightnings from regional EV distribution centers designed to reduce carrying costs and give customers quicker access to more inventory......»»

Category: topSource:  autonewsRelated NewsOct 17th, 2024

EV-maker Lucid expects to raise $1.67 billion from stock sale

EV-maker Lucid expects to raise $1.67 billion from a combined public offering and private placement of roughly 637 million shares......»»

Category: topSource:  autonewsRelated NewsOct 17th, 2024

Fresh GM models, Tesla Cybertruck help boost U.S. EV registrations 18%, latest data shows

Tesla remained the top EV maker, but its market share fell to 46 percent in August from 51 percent a year earlier as legacy brands such as Chevrolet, Honda and Kia chipped away at its commanding lead......»»

Category: topSource:  autonewsRelated NewsOct 17th, 2024