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Tesla, California and EV
California proposes its own EV-buyer credit — which could cut out Elon Musk's Tesla
Gov. Gavin Newsom of California said he'd restart a rebate program if Trump ended the federal EV tax credit, but Tesla models could be excluded.
Tesla would likely be excluded from new California EV tax credits, Newsom's office says
Trump's transition team is considering eliminating the federal tax credit of $7,500 for EV purchases, Reuters reported this month.
A California EV Rebate That Could Exclude Tesla? Musk Says That’s ‘Insane’
Gov. Gavin Newsom is gearing up for a fight against the incoming Trump administration on electric vehicles. Tesla is on the frontlines.
BYD, EV
Leaked BYD Letter Signals China EV Price War Is Set to Intensify
BYD Co. has asked suppliers to accept price cuts next year in a signal the Chinese electric vehicle maker is preparing for the brutal price war in the world’s biggest auto market to intensify.
China’s EV price war set to intensify next year as BYD squeezes suppliers
The carmaker urged its suppliers to send over their quotes by December 15 and officially mark down prices starting next year, executive vice-president He Zhiqi wrote in an email circulated on social media on Wednesday.
Leaked email signals BYD’s plan to heat up EV price war
According to a leaked letter circulating on social media yesterday, BYD has asked its suppliers to accept price cuts
Rivian, Expand EV
Rivian Receives Conditional $6.6 Billion U.S. Loan to Expand EV Production
The conditional commitment from the U.S. Department of Energy’s Advanced Technology Vehicle Manufacturing program includes $6 billion in principal and approximately $600 million in capitalized interest.
Rivian Automotive Shares Rise 7% on $6.6B Loan to Expand EV Production
Shares of Rivian Automotive shares were 7% higher in premarket trading after receiving conditional approval for a loan of up to $6.6 billion to boost its EV production capability. Shares were trading around $12.
Rivian Receives $6.6B Loan Approval to Build EV Production Facility
Rivian Automotive, Inc. RIVN has got conditional approval for a loan of up to $6.6 billion from the U.S. Department of Energy to develop its electric vehicle (EV) production plant in Georgia. The announcement followed the inauguration of President-elect Donald Trump,
4h
FACT FOCUS: Posts misrepresent Biden administration spending on EV charging stations
As President Joe Biden’s term comes to an end, social media users — including sitting members of Congress — are falsely ...
13h
on MSN
Tesla and BYD are gearing up for another round in China's brutal EV battle
Elon Musk's EV maker and BYD are asking suppliers to cut prices and rolling out discounts as they brace for another round in ...
1d
Tesla Model Y And Chevy Equinox EV Top Year-End Deals Favoring Lease Over Price
Year-end deals on electric vehicles are starting to surface as Tesla and traditional car dealers take advantage of the ...
2d
on MSN
California could keep the $7,500 EV credit alive if Trump kills the cost-saving measure, Newsom says
California Gov. Gavin Newsom announced Monday he will provide $7,500 electric vehicle rebates for his state if ...
Reuters on MSN
1d
EV maker VinFast narrows Q3 losses, beats revenue estimates on strong demand
HANOI, Nov 26 (Reuters) - Vietnamese electric vehicle (
EV
) manufacturer VinFast on Tuesday reported a smaller $550 million ...
2d
on MSN
What the Trump-Musk bromance means for the global EV chessboard
It's hard to tell how Musk will impact Trump's EV agenda over the next four years.
1d
on MSN
Automakers carry on with EV transition plans despite Trump’s threat to kill tax credits
If President-elect Donald Trump makes good on his threat to kill federal tax credits for electric vehicle purchases, it’s ...
Bloomberg L.P.
18h
UK Government Yields on EV Mandate as Carmakers Come Up Short
The UK government vowed more support for the nation’s car industry and will consult with manufacturers on changes to an ...
11h
on MSN
Stellantis to halt production in Turin in December due to weak demand for Fiat 500 EV
Stellantis will halt again auto assembly operations at its Mirafiori plant in Italy, which makes the electric Fiat 500 and ...
2d
First-of-its-kind EV battery adds 186 miles of range with a 5-minute charge
A first-of-its-kind EV battery is the latest, cutting-edge technology, and it can gain up to 186 miles worth of charge in ...
10h
Stellantis Keeps Slashing Car Output in Italy Over EV Slump
Stellantis NV is reducing output in Italy starting next week due to weak demand for the electric and luxury cars it’s ...
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Tesla
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