Auto-Industry Group Assails Biden’s Plan to Electrify America’s Cars
The auto industry’s largest lobbying organization has come out against the Biden administration’s most ambitious climate change regulation, a proposed rule designed to ensure that two-thirds of new passenger cars sold in the United States are all-electric by 2032. If implemented,…
GM Deal Strengthens Its EV Supply Chain. The Stock Is Rising.
Traditional auto makers need supply chains full of batteries and the materials they’re made of if their electric-vehicles businesses are ever to catch the leader Tesla TSLA +3.11% . U.S. auto giant General Motors GM +3.82% has big EV ambitions and unveiled another deal to strengthen its supply chain on Friday. GM…
Canadian Auto Industry, Politicians Defend EV Subsidies
The Canadian auto sector and governments appear united in saying the huge subsidies sunk into securing a C$7 billion ($5.1 billion) Volkswagen battery plant in southern Ontario make good commercial and economic sense. The level of financing could indicate what the…
Volvo Releases Teaser Images Of All-Electric EX30 SUV
The new, fully electric soon-to-arrive Volvo EX30 is not just designed for safety and increased sustainability, but it also focuses on features such as relaxation and enjoyment, via its tech and Scandinavian design. The company’s interior has responsible design at its…
