The US Could End Up Handing Out Huge Tax Breaks For Foreign EVs
The US Could End Up Handing Out Huge Tax Breaks For Foreign EVs John Hugh DeMastri on December 29, 2022 Under mounting pressure from foreign allies, the Biden administration may extend tax…
As EVs go mainstream, a rush for share of home charger market
By Nick Carey and Paul Lienert BEDFORD, England – With electric vehicles (EVs) catching on, the scramble for market share among startups selling home chargers is heating up and that will feed…
Tata Motors aims to sell 50,000 EVs in this fiscal yr
NEW DELHI – Tata Motors aims to sell about 50,000 electric vehicles (EVs) in the fiscal year to March 31, and double that in the 2023/24 period, Chairman N Chandrasekaran told a…
Nissan, Mitsubishi Motors unveil light EVs for Japan
By Satoshi Sugiyama KURASHIKI, Japan – Japan’s Mitsubishi Motors Corp and Nissan Motor Co unveiled their first jointly developed light electric vehicles (EVs), aiming to draw more Japanese drivers to battery-powered cars…
Enough nickel, lithium for 14 million EVs in 2023 – European climate group
By Nick Carey (Reuters) – Data shows there is enough nickel and lithium to produce up to 14 million electric vehicles (EVs) globally in 2023, so Europe should secure more raw materials…
Analysis-Canada’s accelerated timetable for EVs brings spotlight on key bill
By Alexander Schummer TORONTO – Canada’s accelerated timeline to fully embrace electric vehicles (EVs) presents a threat to some auto suppliers and auto mechanics, with the latter pinning hopes on a key…
Auto sector’s transition to EVs needs safeguards for workers, environment -panel
By Ben Klayman DETROIT – Auto industry companies need to take into account their communities and workers through greater environmental protections and higher pay in the transition to electric vehicles, a panel…
Thailand approves tax breaks for EVs, ‘high potential’ foreigners
BANGKOK – Thailand’s cabinet on Tuesday approved tax incentives to promote a shift to electric vehicles (EVs), and to attract “high potential” foreigners to help boost the economy, the finance minister said.…
Volvo Cars to invest $1.1 billion in Swedish plant for switch to EVs
STOCKHOLM -Volvo Cars will invest 10 billion crowns ($1.1 billion) in its manufacturing plant in Gothenburg in the next few years to prepare for production of fully electric cars, it said on…
Europe needs ambitious charging plans for 130 million EVs by 2035 – report
By Nick Carey LONDON – Governments and utilities need ambitious plans to cut red tape to install vehicle chargers if Europe is to be ready for 130 million electric vehicles (EVs) by…
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