Tesla Cybertruck Showcases Impressive Off-Road Capabilities
Tesla has released a new YouTube video demonstrating the off-road prowess of its highly popular Cybertruck. The video offers an in-depth look at the electric vehicle’s advanced features designed for tackling challenging terrain. Adaptive Off-Road Modes The Cybertruck boasts a…
EU Imposes Tariffs on Chinese-Made EVs, Igniting Trade Tensions
Reuters reports that the European Union is set to impose tariffs of up to 37.6% on electric vehicles (EVs) imported from China, marking the EU’s largest trade case to date. This move, aimed at leveling the playing field for European…
Ford CEO Praises U.S. Policies for Leveling the EV Playing Field
Ford Motor Company CEO Jim Farley expressed growing optimism about the automaker’s ability to produce electric vehicles (EVs) profitably in the U.S., thanks to supportive government policies, reports Axios. This development is crucial as Ford, the second-largest EV brand in…
Transportation Secretary Defends EV Incentives in House Hearing
The Daily Beast reports that Transportation Secretary Pete Buttigieg vigorously defended electric vehicle (EV) incentives during a recent House Oversight Committee hearing. The Secretary faced off against Republican representatives who questioned the cost and necessity of EV tax rebates. Buttigieg’s…
EV Battery Demand Could Skyrocket, Tripling Resource Needs by 2050
A new study from Japan’s Ritsumeikan University reveals a potentially massive increase in raw material demand for electric vehicle (EV) batteries, challenging current estimates and raising questions about the sustainability of the EV revolution, reports The Register. Battery Resource Needs…
Volkswagen Bets Big on Rivian: $5 Billion Investment Shakes Up EV Industry
According to Bloomberg, Volkswagen has made a bold move in the electric vehicle (EV) market, agreeing to invest up to $5 billion in American EV startup Rivian. This partnership aims to accelerate the development of cutting-edge electric vehicle technology and…
Germany Walks Tightrope as EU-China Trade War Looms
Germany finds itself in a precarious position as tensions escalate between the European Union and China over proposed tariffs on electric vehicles. The country’s deep economic ties with both sides have put it at the center of a brewing trade…
China’s $230 Billion EV Gamble: Subsidized Yet Striking
China has poured a staggering $230.8 billion into its electric vehicle (EV) industry over the past decade, according to a new analysis by the Center for Strategic and International Studies (CSIS). This massive government support, representing nearly 19% of total…
China Threatens Retaliatory Tariffs on EU Cars as Trade Tensions Escalate
Chinese Car Companies Demand 25% Tax on European Vehicles Chinese car companies have called on their government to impose import taxes of up to 25% on European Union (EU) rivals if the bloc follows through with its threat to impose…
Tesla Model 3 Long Range Now Qualifies for $7,500 Tax Credit, Undercutting Average New Car Price by Nearly $15K
The Tesla Model 3 Long Range has become fully eligible for the $7,500 federal tax credit for electric vehicles (EVs) in the United States. This credit applies to EVs with batteries originating from the U.S. and is taken off at…
Tesla Revs Up Plans for New Store in Booming Wesley Chapel
Tesla, the trailblazing electric vehicle manufacturer, is reportedly gearing up to open a new dealership and service center in Wesley Chapel, Florida. The proposed 50,353-square-foot facility would join the ranks of other luxury car brands like Lexus, Audi, and BMW…
Fisker’s Electric Dreams Crash as EV Startup Files for Bankruptcy
Fisker, the struggling electric vehicle startup, has filed for Chapter 11 bankruptcy amid mounting financial woes and production challenges. The company, known for its Fisker Ocean electric SUV, had previously warned of a potential collapse due to insufficient funds to…
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