US Cites Threat of Chinese EVs Made in Mexico as Trade Worry
The Biden administration is keeping an eye on attempts by Chinese companies to export cars from Mexico into the United States.
Ryder: Switching to a Class 8 EV May Double Vehicle Costs
A new analysis by leasing and logistics specialist Ryder System indicates the business case for swapping a diesel or gasoline van or truck for an EV is shaky for much of the trucking industry.
Biden Hikes Tariffs on Chinese Electric Vehicles
WASHINGTON — The Biden administration announced plans to slap new tariffs on Chinese electric vehicles, advanced batteries, solar cells, steel, aluminum and medical equipment.
May 14, 2024BP Keen to Buy Tesla Supercharging Sites for US Expansion
BP Plc’s electric vehicle charging arm is eager to snap up Tesla Inc. supercharging sites across the US — along with the workers behind them — and has pledged $1 billion to expand its network.
Lion Electric Drops on Revenue Miss, Dwindling Cash Balance
Shares of Lion Electric Co. fell as much as 10.5% after the electric vehicle manufacturer missed estimates for revenue and its cash balance dropped.
VW Brand to Beef Up Hybrid Offerings as EV Shift Stumbles
Volkswagen AG’s namesake brand plans to bolster its offering of plug-in hybrid cars in response to a slowdown in demand for fully electric vehicles.
EV Makers Win 2-Year Extension to Qualify for US Tax Credits
The Biden administration gave carmakers a partial reprieve in finalizing EV tax credit rules intended to loosen China’s grip on battery materials crucial to the car industry’s future.
Biden Poised to Finalize New EV Tax Credit Rules
The U.S. Treasury Department will unveil the final version of new rules limiting a popular tax credit for electric car buyers as soon as May 3.
May 1, 2024Ford’s Commercial Business Is Defying the EV Slump
Demand from fleet-based vehicle operators is a lone bright spot for the EV industry as global sales sputter.
Ford Cuts Price of F-150 Lightning Pickup
Ford slashed prices of its electric F-150 Lightning pickup truck by as much as 7.5% as the automaker prepares to resume deliveries this month following a halt this year over a quality issue.