Romanian Car Market Registers Sharpest Decrease in New Fully Electric Vehicles in 2024
Romania saw the largest percentage decrease in new fully electric cars registered in 2024, a nearly 33% drop, according to data from the European Automobile Manufacturers Association. Fully electric cars represented 10.1% of new cars sold in Romania in 2023….
Treasury and IRS Release Proposed Regulations on Consumer Electric Vehicle Tax Credits
On March 31, the Treasury Department and the Internal Revenue Service (IRS) released proposed regulations under Section 30D of the Internal Revenue Code (Code),1 focusing primarily on the critical mineral and battery component requirements to qualify for the consumer electric…
GM, Vianode Announce Synthetic Graphite Supply Deal for EV Batteries
GM’s agreement with Vianode covers the development of large-scale manufacturing and supply of synthetic anode graphite through 2033. The company aims to supply enough anode materials to support the production of 3 million EVs per year by 2030, the release…
Romanian Carmaker Dacia plans to Launch Several Electric Models
Dacia, part of the French Renault group, will launch several electric models to compete with Chinese brands for the affordable EV car market in Europe. The first electric model will be the next Sandero, which will appear sometime at the…
Li Auto Opens Munich R&D Center, Advancing Sino-German NEV Cooperation
Chinese new energy vehicle (NEV) manufacturer Li Auto on Friday inaugurated its first overseas research and development (R&D) center in Munich, Germany, in a milestone move signaling deepening ties between China and Germany in the burgeoning NEV sector. The Munich…
AASP-MN and MNCARS Launch EV Program for Schools; Open fall 2025 Post-secondary Scholarships
The Alliance of Automotive Service Providers of Minnesota (AASP-MN) and the Minnesota Careers in Automotive Repair and Service (MNCARS) have launched a $50,000 Electric Vehicle (EV) Scholarship Program for schools, teachers and students in the state. Infento, a provider of…
EV Company Harbinger Raises $100 Million in Series B Funding
Harbinger, a medium-duty electric vehicle (EV) company, announced it has raised $100 million in Series B funds. Harbinger will use the funds to substantially accelerate its growth by deploying higher volume production capacity to meet demand for its purpose-built electric…
Chehalis and Cowlitz Tribes Named as Recipients of Federal Grant Program to Install Electric Vehicle Charging Stations
The Chehalis Tribe and the Cowlitz Tribe have been named as two of six grant applicants set to receive a combined total of $19.92 million from the U.S. Department of Transportation to install hundreds of new charging stations for electric…
EVE Energy Awarded Industry-First TÜV SÜD Mark Certificate of Electric Vehicle Battery for Regulations (EU) 2023/1542
EVE Energy, (“EVE Energy” or “the Company”) (SZSE: 300014), a leading global lithium-ion battery company, has been awarded the industry’s first TÜV SÜD Mark certificate for the new EU battery regulation (EU) 2023/1542 for electric vehicle batteries. The certificate was…
New £50m Powertrain Manufacturing Plant for Sunderland after Nissan, JATCO and the Government Agree on Investment Deal
Sunderland will be home to a new powertrain manufacturing plant after Nissan, the Japan Automatic Transmission Company (JATCO) and the government agreed on a £50m investment deal. The new site will help create 183 new high-value jobs in the region…
