China is leading the U.S. and Europe on EV battery recycling, according to a new Bloomberg report, and it may add to China's EV advantages in the future. The battery-recycling business in China is booming, according to the report, which cites data from consultancy Circular Energy Storage showing that "the nation dominates when it comes to...
Purchases of popular models like the Tesla Model 3 and the Ford Mustang Mach-E may no longer entitle buyers to tax savings because the cars do not meet tougher sourcing requirements.
Ford and other automaker have had to readjust their electric vehicle production plans because sales have been weaker than they had expected.
Volkswagen is shifting more operations to China, tapping the country’s electric vehicle capacity and building factories.
Two- and three-wheeled vehicles, used by billions of people, are moving away from fossil fuels to batteries faster than cars in countries that have made the energy transition a priority.
The British and European car industries had lobbied for a delay in a measure that would have added costly tariffs to many electric vehicles.
The British and European car industries had lobbied for a delay in a measure that would have added costly tariffs to many electric vehicles.
Rivian is developing a simplified battery-pack structure for its R1S electric SUV and R1T electric pickup truck, CFO Claire McDonough said in a recent interview. Around the 14-minute mark in the roughly 40-minute interview, conducted during Barclays' 2023 Global Automotive & Mobility Tech Conference (and first spotted by Electrek), McDonough...
The Department of Energy (DOE) on Friday issued proposed guidance on foreign battery content in EVs that could cut the federal tax credit for some models. But it also provides a clearer picture for automakers and battery suppliers. Starting Jan. 1, EVs are ineligible for the federal tax credit of up to $7,500 if they have key battery components...
Market experts are carefully watching a drop in lithium prices—and what impact that could have on EV costs—according to a new Bloomberg report. Lithium's benchmark price in China—the world's largest new-car market and a center for battery production—is down about 80% from its November 2022 record high, the report noted...