Uncertainty Over Trump’s EV Policies Clouds ’25 Car Forecast
NEW YORK — Electric vehicle demand is expected to keep rising this year, but uncertainty over policy changes and tariffs is clouding the forecast.
AI, Holograms, EVs Shaping Future In-Cabin Experiences
Automakers pulled out all the stops to showcase their latest advances for in-vehicle experiences at CES, the Consumer Technology Association’s annual trade show of all things tech.
Honda to Begin US EV Production With Ohio-Built 0 Series
The Japanese carmaker displayed the near-production models of its 0 Series sedan and mid-size SUV at the Consumer Electronics Show in Las Vegas on Jan. 7.
US Car Sales Get Year-End Boost From Trump’s EV Threat
The threat by President-elect Donald Trump to end tax credits for electric vehicles helped lift sales in the fourth quarter, giving U.S. automakers a much-needed boost after a disappointing year.
January 3, 2025Tesla Cybertruck Joins List of EVs Eligible for US Subsidy
The Cybertruck qualifies for up to $7,500 in U.S. tax credits for the first time in 2025, part of reshuffling under tougher rules that took effect Jan. 1 that also disqualify other EVs for subsidies.
Tesla Sales Decline for First Time in More Than a Decade
The Elon Musk-led company sold 1.79 million vehicles last year, it said Jan. 2, which was slightly less than what it delivered in 2023 and also below analysts’ consensus estimate.
China Races to Ship Batteries to US Before Tax Changes
Shipments of lithium-ion batteries to the U.S. jumped by 27% to $1.9 billion in November from a year earlier. The export tax rebate for batteries was cut to 9% from 13%.
December 20, 2024Volkswagen Purchases Stake in Lithium Firm for $48 Million
Volkswagen Group will spend C$69 million ($48.1 million) on a 9.9% stake in lithium miner Patriot Battery Metals to secure raw materials for electric vehicles.
China's CATL Plans Expansion of Battery Swapping for EVs
XIAMEN, China — The world’s largest maker of batteries for electric vehicles said Dec. 18 it will get into battery swapping in China in a big way starting next year.
Trump to Take Reins as Biden Rushes Infrastructure Projects
WASHINGTON — While Republicans capped 2024 with a presidential victory, the Biden administration has been rushing to advance as many infrastructure and microchip projects as it can.