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US awards $3 bn for EV battery production
Seeking to counter China, US awards $3 billion for EV battery production in 14 states
The Biden administration is awarding $3 billion to U.S. companies to boost domestic production of advanced batteries and other materials used for electric vehicles, part of a continuing push to reduce China’s global dominance in battery production.
U.S. Awards $3 Billion for EV Battery Production to Counter China
The $3 Billion financial grants will fund 25 projects in 14 states, including election battleground states such as Michigan and North Carolina.
Samsung’s new EV battery charges 80% in 20 minutes, boosts range by 10%
Samsung SDI takes the spotlight at IAA Transportation 2024 with groundbreaking battery technologies for commercial electric vehicles.
5h
Vietnamese EV maker VinFast reports wider sequential gross loss
Vietnamese electric-vehicle maker VinFast reported a deeper second-quarter loss on Friday, driven by rising costs linked to ...
Assembly Mag
38m
EV Industry Is at a Crossroads
The U.S. automotive industry stands at a crossroads, facing a future where electrification is both an urgent goal and a ...
4h
on MSN
A Russian warlord who seemingly put a machine gun on a Cybertruck says Elon Musk 'remotely disabled' the militarized EV
Ramzan Kadyrov previously claimed the pickup was a gift from Musk and suggested he might send it into war against Ukraine.
7h
on MSN
Why EU tariffs are unlikely to dent Chinese EV makers' European expansion
To make the European market unattractive for Chinese EV exports, tariffs have to be as high as 50%, according to research ...
IJR
1h
‘Gross Overreach’: Energy Groups Urge Congress To Throw Biden-Harris Admin’s ‘EV Mandate’ Overboard
Energy-focused organizations called on lawmakers to scrap the Biden-Harris administration’s electric vehicle (EV) “mandate” ...
1h
Used EV prices in the DC market are down 27%, bargains, but beware
Vehicle search site iSeeCars.com said the average price of a used 1- to 5-year-old EV in the D.C. market has dropped 27.4% ...
1d
on MSN
It's a great time to buy a used EV
The used EV market is more favorable than ever, with low prices and younger cars.
1d
on MSN
Tesla sold more Cybertrucks than almost all other EV trucks combined
The Tesla Cybertruck gets a lot of hate for its polarizing design and even more polarizing creator. However, the Cybertruck ...
1d
Europe’s EV Sales Plunge Has Carmakers Seeking EU Relief
Germany, hit by bad economic news in recent weeks, led a drop in European car sales last month as demand for electric ...
MLive
1h
EV battery materials company to construct new $175M manufacturing facility in Flint
This is the second company to announce a move into the former Buick City, now called the Flint Commerce Center.
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China
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