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Trump, EV

'Not trivial': EV sales could drop nearly 30% if Trump repeals tax credit

For the automotive industry, reports that President-elect Donald Trump and his team are looking to repeal the $7,500 federal tax credit are not surprising. However, the effect of a potential repeal could be massive for automakers betting on EVs being the future.

Geekwire on MSN · 2d

Reading the EV tea leaves: What happens to electric vehicle sales under a Trump presidency?

While experts agree that President-elect Trump's administration will slow EV purchases in the U.S., how policies and market forces play out aren't clear.

Trump's cut to Biden's EV tax credit, backed by Musk, may impact auto industry, experts say

Automotive experts reveal their thoughts on President-elect Trump reportedly considering a slash to the tax credit for electric vehicles.

EV, Northvolt

Business Insider on MSN · 20h

An EV-battery maker that raised $15 billion from investors including Goldman Sachs filed for bankruptcy protection after almost running out of cash

Northvolt has struggled to boost production at its Swedish battery factory and recently announced 1,600 layoffs amid weak consumer demand for EVs.

NBC Los Angeles · 1d

Battery giant Northvolt files for bankruptcy in major setback to Europe's EV ambitions

Swedish battery maker Northvolt filed for Chapter 11 bankruptcy protection in the U.S., delivering a blow to Europe’s electrification ambitions.

The New Voice of Ukraine on MSN · 1d

Northvolt files for bankruptcy, leaving Europe's EV battery hopes in doubt

"The company will continue to make deliveries to customers, while fulfilling obligations to critical vendors and payment of wages to employees," according to a statement from Northvolt. Read also: EU to back Trump on China trade pressure in exchange for Ukraine support Northvolt filed for bankruptcy in the U.

55m

The shocking truth behind China’s EV dominance and America’s uphill battle

With cutting-edge advancements and massive investments, China is outpacing the U.S. in EV development, can America catch up?

Business Insider on MSN21h

China's 'ruinous' EV price war cannot last forever, says Volkswagen exec

Volkswagen remains firmly committed to China despite a "ruinous" EV price war by domestic rivals that has hit overseas ...

1d

When disaster struck, these EV owners turned to their cars for power

In an era of increasingly hard-hitting disasters, some people are turning to their EVs as a part of their recovery plan.

1d

Northvolt crisis may be make or break for Europe's EV battery ambitions

Northvolt's financial collapse deals a blow to Europe's plan to set up its own battery industry to power electric cars, ...

1don MSN

These Startups Are Finally Bringing EV Chargers to America’s Cities

Blame the urban elite.The inhabitants of U.S. cities are among those most likely to want EVs—and the most likely to be able ...

1d

Biggest Ever Environmental Payout Could Clean EV Supply Chains

Anglo-Australian mining company's $30 billion settlement of a long-running compensation claim from 700,000 Brazilians could ...

1d

EV battery industry trends in integrated manufacturing and localization initiatives

As the electric vehicle (EV) market expands, manufacturing processes must adapt to meet the growing demand for effectiveness, ...

1don MSN

If you’ve been planning on buying an EV, now might be the time

According to a report from Reuters, President-elect Donald Trump’s transition team is reportedly planning to kill the EV tax ...

1d

Aceman EV Isn’t Confirmed, But Could Be Mini’s Third Model Here

For a long time after the Clubman was killed off, Mini didn’t sell anything that was sized between its Cooper hatch and its ...

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