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Trump's transition team aims to kill Biden EV tax credit
Exclusive-Trump's transition team aims to kill Biden EV tax credit
President-elect Donald Trump's transition team is planning to kill the $7,500 consumer tax credit for electric-vehicle purchases as part of broader tax-reform legislation, two sources with direct knowledge of the matter told Reuters.
Auto trade group to GOP tax writers: Keep Biden’s EV credits
The Alliance for Automotive Innovation argued that incentives in the Inflation Reduction Act are key to maintaining a “globally competitive American auto
Trump's transition team seeks to abrogate Biden's EV tax credit: Reuters
EV brand Zeekr to take control of Lynk
In major Geely shake-up, EV brand Zeekr to take control of Lynk
China's Geely said on Thursday its premium electric vehicle maker Zeekr plans to take control of Lynk & Co, a sister brand - the first big restructuring move in a planned overhaul for the sprawling automotive group.
Chinese EV reset: ZEEKR to take control of Lynk as it looks to be a major player
China's Geely said electric vehicle maker ZEEKR Intelligent Technology (NYSE:ZK) plans to take control of Lynk & Co as the first big restructuring move in a major reset of the holding company's automotive group.
Geely said to integrate Zeekr, Lynk & CO brands to streamline costs
Geely Geely said to integrate Zeekr, Lynk & CO brands to streamline costs. Share. Expand. Zeekr 001 EVs at a plant in Zhejiang province in China. (Zeekr)
Ford reduces EV production in Germany
Ford is cutting hours for some German factory employees amid lower EV demand
The carmaker has more than 4,000 employees at its Cologne plant. It also has another plant in Saarlouis, southwestern Germany.
Ford Is Already Cutting Capri Production, Blames Weak EV Demand
New VW ID-based Capri crossover and its boxy Explorer brother are being throttled back as employees at the Cologne, Germany, plant are now only working alternate weeks
Ford Is Already Cutting Production of Its New EVs
The Blue Oval blames the "rapidly deteriorating market conditions for electric vehicles." Although the Explorer Electric was unveiled in March 2023, Ford didn’t start production until June this year.
TechRadar
1h
Don’t buy an EV until 2026, new report suggests – they’re about to get much cheaper
It goes on to state that nearly 280,000
EV
leases will end in the next two years in the United States, but thanks to the ...
Green Car Reports
2h
Study: 57% EV in 10 years requires "strategic reset" from automakers
Nearly 3 of 5 Americans see themselves switching to an EV within 10 years, according to a new study, but it may take a ...
14h
Kia sees near-term market challenges but sticks to 1.6 mln annual EV sales target by 2030
South Korean car maker Kia expects challenging market conditions in the near term due in part to governments' policies but ...
E&E
8h
Musk gains vast new EV power — and scrutiny
Along with benefiting from government contracts through his companies like SpaceX, Musk — via Tesla — is a leading recipient ...
1d
on MSN
Over 50% Of The World's Drivers Expect To Have An EV In The Next 10 Years
In the United States, 54% of drivers surveyed said they expect to own an EV within the next 10 years, with only 11% saying ...
Inside EVs
57m
This Is Jaguar's New Six-Figure EV
Imposing, massive, and somewhere between a four-door coupe and a shooting brake. This heavily camouflaged prototype is our ...
2d
on MSN
Japanese carmakers are losing ground as China surges ahead in the EV race
Toyota, Honda, and Nissan recently reported underwhelming earnings, pressured by China's competitive EV market.
E&E
2d
Trump could oversee an EV ‘battery boom’ — or bust
The incoming administration is expected to make key decisions that will mold the electric vehicle supply chain.
2d
on MSN
Gas stations won’t go away after the EV revolution—they’ll just get better
A new EV charging station in Southern California shows how developers are rethinking this crucial infrastructure.
1h
EV shocker: Tesla, GM and Ford may all benefit if the EV tax credit is pulled
President-elect Trump plans to end $7,500 EV tax credit, benefiting Tesla but hurting competitors. Shares of major EV players ...
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