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U.S. awards $3 billion for EV battery production
Seeking to counter China, US awards $3 billion for EV battery production in 14 states
The Biden administration is awarding $3 billion to U.S. companies to boost domestic production of advanced batteries and other materials used for electric vehicles, part of a continuing push to reduce China’s global dominance in battery production.
U.S. Awards $3 Billion for EV Battery Production to Counter China
The $3 Billion financial grants will fund 25 projects in 14 states, including election battleground states such as Michigan and North Carolina.
Two Texas projects receive grants for EV battery production, part of U.S. effort to counter China
They’re among 25 projects in 14 states receiving more than $3 billion in infrastructure and jobs act awards announced Friday by the Biden administration.
Europe, EV and car sales
Europe’s EV Sales Plunge Has Carmakers Seeking EU Relief
Germany, hit by bad economic news in recent weeks, led a drop in European car sales last month as demand for electric vehicles cratered.
EU car sales at 3-year low in August, EV sales plunge 44%
New car sales in the European Union fell 18.3% in August to their lowest in three years, dragged down by double-digit losses in major markets Germany, France and Italy and sliding electric vehicle (EV) sales,
European EV Sales Plummet 44% As Automakers Scramble For Solutions
The EV market in Europe is facing a “continual downward trajectory,” according to ACEA. In August, EV sales dropped 43.9%, while the overall market fell 18.3% year-on-year. Automakers seek a smoother transition to zero-emission mobility amid sluggish EV demand.
6h
House backs measure to overturn Biden auto emissions rule that Republicans say would force EV sales
The Republican-controlled House approved a resolution Friday that would overturn a new Biden administration rule on ...
1d
on MSN
It's a great time to buy a used EV
The used EV market is more favorable than ever, with low prices and younger cars.
NBC DFW
1d
US awards $3 billion for EV battery production in Texas, 13 other states
The grants announced Friday mark the second round of
EV
battery funding under the bipartisan infrastructure law approved in ...
2d
on MSN
Tesla sold more Cybertrucks than almost all other EV trucks combined
The Tesla Cybertruck gets a lot of hate for its polarizing design and even more polarizing creator. However, the Cybertruck ...
1d
DeepDrive raises $33.5 mln to scale up cheaper, efficient EV motors
German startup DeepDrive said on Thursday it had raised 30 million euros ($33.5 million) from investors to scale up and ...
2h
on MSN
A Russian warlord who seemingly put a machine gun on a Cybertruck says Elon Musk 'remotely disabled' the militarized EV
Ramzan Kadyrov previously claimed the pickup was a gift from Musk and suggested he might send it into war against Ukraine.
2h
Alpine A390: Everything We Know About The Macan EV Rival
The latest EV from Renault's Alpine brand will feature all-wheel drive, with the flagship trim potentially delivering up to ...
PCMag on MSN
4h
Rivian CEO: 'Extreme Lack of Choice' Is Hampering EV Sales Growth
Speaking at an event in D.C., RJ Scaringe predicts that the industry will not only get over the affordability hump but make ...
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