E.U. Relaxes Trade Rules on Electric Cars from Britain
The British and European car industries had lobbied for a delay in a measure that would have added costly tariffs to many electric vehicles.
Will reengineered battery packs for Rivian R1S, R1T lower prices?
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... DOE rules on foreign content could cut tax credit on some EVs
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... Could a glut of lithium supply spur an EV price war?
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... Volvo and Polestar parent signs up for EV battery swapping with Nio
Chinese automaker Geely—parent company of Volvo, Polestar, and Lotus—has signed an agreement with Nio to use the latter's battery-swapping tech in the Chinese market. Under the agreement, the two companies "co-develop two battery swapping standards for private cars and commercial vehicles," promote adoption of the technology, and scale... U.S. to Limit China’s Ability to Benefit From Electric Vehicle Industry
The Biden administration issued new rules to prevent Chinese firms from supplying parts for electric cars set to receive billions of dollars in tax credits.
Elon Musk’s Mindset: ‘It’s a Weakness to Be Liked’
In an interview, the tech billionaire slams advertisers for pulling back from X and discusses his emotional state.
Tesla Plans to Begin Delivery of the Cybertruck Today
Two years behind schedule, the electric model has an unusual design that sets it apart from rival pickups, which could limit its sales.
EV battery prices are dropping again
Following substantial increases in 2022, EV battery prices are falling again, according to new analysis from Bloomberg New Energy Finance (BNEF). Lithium-ion battery pack prices have fallen 14% this year to a record low of $139 per kwh, BNEF reported this week. This was driven by decreases in raw-material and component prices, as well as... U.S. Debates How Much to Sever Electric Car Industry’s Ties to China
Some firms argue that a law aimed at popularizing electric vehicles risks turning the United States into an assembly shop for Chinese-made technology.