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The Latest Breaking News from electric vehicle

Australian EV sales have increased by 185% since 2022

Industry experts say electric vehicle sales figures could be higher if the government stops delaying fuel efficiency standards

The Guardian - AU

EV tax credit rules would clarify restrictions on foreign-made batteries - Roll Call

The Treasury and Energy departments proposed rules for electric vehicles tax credits aimed to limit foreign battery ingredients.

Roll Call

BYD reveals Aussie electric dreams, plans to expand

Electric car brand BYD has announced plans to expand its stores and service centres in Australia in a bid to claim a larger share of vehicle sales.

AAP

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Fisker Slows Down EV Production, Cuts 2023 Projections Again

Fisker has released a worrying business update, announcing another cut of electric vehicle production goals in 2023.

InsideEVs

EU Formulates Contingency Plan to Mitigate Impact of 10% Brexit Tariff on Electric Vehicles

The commission expressed apprehension that any decision to lift the tariff could be viewed as a violation of the Brexit Trade and Cooperation Agreement (TCA).

International Business Times UK

New US rules, aimed at curbing China, could limit tax credits for electric vehicles

The Biden administration has proposed new rules that could make it harder for electric vehicles to qualify for a full $7,500 federal tax credit

The Independent UK

Automakers Rethink E.V. Investments as Higher Labor Costs Hit

President Joe Biden's support for the United Auto Workers might have harmed his push for a faster transition to electric vehicles.

Reason

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Councils want electric vehicles but the answer isn't simple

'We're right on a cusp. There's a lot of knowledge here today.'

Newcastle Herald

New technology installed beneath Detroit street can charge electric vehicles as they drive

Crews have installed what’s billed as the nation’s first wireless-charging public roadway for electric vehicles beneath a street west of downtown Detroit

The Independent UK

Salton Sea's Lithium Treasure Trove Set To Turbocharge EV Battery Production

Lithium-rich geothermal brines in the Imperial Valley contain enough lithium to make 1 electric vehicle for each U.S. citizen.

International Business Times

Non-Tesla EV Supercharging Goes Full-Scale In China

The Chinese non-Tesla electric vehicle pilot program launched in April and now it's going full-scale with hundreds of sites available to other EVs.

InsideEVs

EU hatches backup plan to lessen impact of 10% Brexit tariff on EVs

‘Cushion’ for car makers facing looming tariff under Brexit deal for vehicles traded between EU and UK from start of 2024

The Guardian - UK

Toyota selling part of Denso stake to raise cash to develop electric vehicles

Toyota is selling a part of its stake in components maker Denso to raise cash for its drive toward electric vehicles and other innovations

The Independent UK

America's Car Dealers Want To 'Slow Down' On EVs. But For Who, Exactly?

In a letter to President Biden, more than 4,000 car dealers urged the White House to "slow down" regulations mandating EVs.

InsideEVs

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AAP

Victoria to refund invalidly collected EV tax

The Victorian government will refund drivers who were slugged the state's electric vehicle tax after the High Court declared it invalid.

InsideEVs

2024 Kia EV9 EPA Range, Efficiency And Pricing Overview

The 2024 Kia EV9 three-row (6- or 7-seat) SUV soon will enter the U.S. market, so it's time for a comprehensive overview of the main specs and pricing.

Zenger

‌Warren Buffett-Backed BYD Hits 6M EVs, Puts Pressure On Tesla In China‌

Chinese electric vehicle giant BYD achieves remarkable growth, outpacing Tesla in NEV production.

InsideEVs

2024 Hyundai Ioniq 6: Price And EPA Range Overview

The Hyundai Ioniq 6 is one of the most efficient and interesting all-electric sedans on the market in the U.S. The 2024 model year is also more affordable.

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France 24

Tesla battles against Swedish labour market model

Amid an ongoing strike by its mechanics in Sweden over a refusal to sign a collective wage agreement, Tesla has also filed a lawsuit against the country's postal workers. They have blocked deliveries of licence plates for its new cars, in solidarity with workers at the electric vehicle maker. Also…

International Business Times UK

The UK Announces £2 Billion Investment In Automotive Industry

British Finance Minister Jeremy Hunt said the UK will invest £4.5 billion in key manufacturing sectors, including automobiles and green industries.

International Business Times UK

Nissan Triples Investment in Electric Vehicle Production in the UK, Boosting Economy and Jobs

Nissan has announced a groundbreaking £2 billion investment to expand electric vehicle (EV) production in Sunderland.

International Business Times UK

Elon Musk Denounces Five Week Strike as Swedish Workers Challenge Tesla

Tesla, the electric vehicle giant led by entrepreneur Elon Musk, finds itself at the centre of a labour dispute as workers in Sweden embark on strikes.

The Conversation

Tesla's futuristic Cybertruck finally arrives – here's why the company's success is riding on it

In 2019, Tesla was in the happy position of being a high-volume, premium-priced leader in the global electric vehicle (EV) market. Deliveries of 367,500 cars represented 50% growth over 2018.

StockNews.com

3 Auto Stocks to Add Armor to Your Portfolio's Defenses

The auto industry is booming due to the rapid adoption of electric vehicles, increasing demand for aftermarket parts, and the integration of advanced components. Therefore, it could be wise to buy fundamentally strong auto stocks Mazda Motor Corporation (MZDAY), Cars.com Inc. (CARS), and Standard Motor Products, Inc. (SMP). Read more….

Zenger

Electric Vehicle Stocks Struggle As Tesla And Chinese EVs Buck The Trend

Tesla faces labor strike in Sweden, Cybertruck anticipation builds, and more key events in the EV market

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