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The Biden administration is making moves to clear up how homeowners and businesses can get their hands on some serious tax credits for installing electric vehicle (EV) chargers. The Treasury Department proposed a new rule on Wednesday that could make credits worth up to $1,000 for individuals and a whopping $100,000 for businesses available for…
The House Energy and Commerce Committee has approved a bill requiring new cars to include AM radio, a move that could significantly impact electric vehicle (EV) manufacturers. The bill, titled the AM for Every Vehicle Act, passed the committee with a roll-call vote of 45-2 and now heads to the full House for final approval.…
In a big win for electric vehicle (EV) owners, General Motors (GM) and Tesla have teamed up to open over 17,800 Superchargers in the U.S. and Canada to owners of Chevy, GMC, and Cadillac EVs. This move gives GM EV owners access to one of the most reliable fast-charging networks in the nation, joining Ford…
Morgan Stanley’s Adam Jonas has released a new note on Tesla, suggesting an unexpected twist in the EV industry’s emission reduction efforts. Ford’s ZEV credit purchases could potentially finance Tesla’s AI datacenter expansion, raising questions about the irony of carbon reduction strategies in the automotive sector. Morgan’s Stanley’s note was shared on X by Sawyer…
German auto supplier Bosch’s CEO, Stefan Hartung, expects minimal growth in global car and commercial vehicle markets this year and next, according to a recent interview with Reuters. Hartung noted that the demand for cars is lower than the industry anticipated five years ago, with Europe expected to produce a few million fewer cars than…
A powerful coalition, including tech giant Microsoft, beverage giant PepsiCo, and logistics heavyweights Maersk, DB Schenker, and AIT Worldwide, is leading the charge to electrify the Interstate 10 trucking corridor. Their focus? Developing charging infrastructure for longhaul battery-electric trucks between Los Angeles and El Paso, Texas. This route links the nation’s busiest ports to the…
In a move that’s clearing the air and quieting city streets, London’s ultra-low emissions zone has an unexpected benefit: it’s getting kids to walk and bike to school more. A study by researchers at the University of Cambridge and Queen Mary University found that two out of every five London students switched from passive to…
Dodge has officially opened orders for the 2024 Charger Daytona R/T and Scat Pack, marking the brand’s first venture into fully electric vehicles. Expected to hit the market in the fourth quarter of this year, these two-door muscle cars are reportedly priced at $59,595 for the R/T and $73,190 for the Scat Pack, excluding a…
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