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U.S. awards $3 billion for EV battery production
Seeking to counter China, US awards $3 billion for EV battery production in 14 states
The Biden administration is awarding $3 billion to U.S. companies to boost domestic production of advanced batteries and other materials used for electric vehicles, part of a continuing push to reduce China’s global dominance in battery production.
U.S. Awards $3 Billion for EV Battery Production to Counter China
The $3 Billion financial grants will fund 25 projects in 14 states, including election battleground states such as Michigan and North Carolina.
EV Batteries With Nickel Get Boost in China After Prices Retreat
China’s electric-vehicle market is offering a tentative challenge to the shift toward batteries with no nickel or cobalt.
Europe, EV
Europe’s EV Sales Plunge Has Carmakers Seeking EU Relief
Germany, hit by bad economic news in recent weeks, led a drop in European car sales last month as demand for electric vehicles cratered.
New Car Registrations Slump in Europe Amid Weakening Demand, Steep EV Decline
Stellantis and Volkswagen suffered significant falls in new-car registrations in August, contributing to a sharp overall decline in the European Union, as demand weakened in key markets and electric-vehicle sales fell.
European Electric Vehicle Sales Plunge as Germany and France Struggle
The European automotive industry is facing a significant slowdown, driven by weakening demand for electric vehicles (EVs) and increased competition from cheaper Chinese alternatives. Recent reports highlight a sharp decline in EV sales,
Michigan, EV
Feds announce $355M for 4 electric vehicle battery projects in Michigan
Four projects will receive a combined $355 million in funding from the U.S. Department of Energy, officials announced Friday.
US announces $3 billion in funding for new battery projects
The US Department of Energy announced today plans to dole out more than $3 billion to over two dozen battery projects across 14 states. The money will go toward processing critical minerals, building batteries and their components,
Louisiana projects get $292 million federal grant for EV battery components
Element 25, Honeywell get funding for operations that would create hundreds of construction and manufacturing jobs.
1h
House backs measure to overturn Biden auto emissions rule that Republicans say would force EV sales
The Republican-controlled House approved a resolution Friday that would overturn a new Biden administration rule on ...
7h
on MSN
A Russian warlord who seemingly put a machine gun on a Cybertruck says Elon Musk 'remotely disabled' the militarized EV
Ramzan Kadyrov previously claimed the pickup was a gift from Musk and suggested he might send it into war against Ukraine.
7h
on MSN
Vietnamese EV maker VinFast reports wider sequential gross loss
(Reuters) -Vietnamese electric-vehicle maker VinFast reported a deeper second-quarter loss on Friday, driven by rising costs ...
2d
on MSN
Tesla sold more Cybertrucks than almost all other EV trucks combined
The Tesla Cybertruck gets a lot of hate for its polarizing design and even more polarizing creator. However, the Cybertruck ...
1d
on MSN
It's a great time to buy a used EV
The used EV market is more favorable than ever, with low prices and younger cars.
4h
Used EV prices in the DC market are down 27%, bargains, but beware
Vehicle search site iSeeCars.com said the average price of a used 1- to 5-year-old EV in the D.C. market has dropped 27.4% ...
E&E
8h
DOE floats $3B to boost EV, grid batteries
The funding announcement marks a boost for the first critical minerals project the Biden administration opted to fast-track ...
48m
Alpine A390: Everything We Know About The Macan EV Rival
The latest EV from Renault's Alpine brand will feature all-wheel drive, with the flagship trim potentially delivering up to ...
MLive
5h
EV battery materials company to construct new $175M manufacturing facility in Flint
This is the second company to announce a move into the former Buick City, now called the Flint Commerce Center.
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