U.S. Awards $2.8 BN In Grants For Electric Vehicle Batteries In 12 States
The Biden administration on Wednesday awarded $2.8 billion in grants to build and expand domestic manufacturing of batteries for electric vehicles in 12 states. A total of 20 companies will receive grants for projects to extract and process lithium, graphite…
Volkswagen to plough €2.4B into vehicle automation in China and form JV with Horizon Robotics
Volkswagen is accelerating the pace to automate its electric vehicles for Chinese customers. CARIAD, a wholly owned automotive software company of the German auto behemoth, intends to set up a joint venture with Horizon Robotics, one of China’s most serious…
EU expects its electric cars can get level playing field in U.S.
WASHINGTON — European Union and U.S. officials expect to reach agreement that would grant EU companies, including electric car makers, the same status as U.S. ones in the U.S. market, to avoid what the EU calls discrimination against its producers…
Volkswagen Group’s all-electric deliveries up 25 percent after nine months
The Volkswagen Group continued to drive forward its successful global electric offensive. The deliveries of all-electric vehicles were up 25 percent in the first nine months year-on-year. Despite ongoing supply constraints, 366,400 BEVs have been handed over to customers until…
Amazon Will Spend $970 Million On EVs In Europe
Amazon has revealed that it will spend a whopping $970 million to electrify its fleet of electric vehicles in Europe which are used for its logistics operations. As of now, Amazon has 3,000 zero-emission vehicles in the continent which delivered…
Automakers’ Bold Plans for Electric Vehicles Spur U.S. Battery Boom
Many automakers with U.S. operations plan to significantly ramp up production of electric vehicles this decade and, in the process, commit huge capital outlays. Meeting these ambitious manufacturing goals will require batteries—lots of them—as an electric vehicle (EV) can use…
What will the EV revolution mean for Detroit?
At the 1992 Detroit Auto Show, the first Jeep Grand Cherokee off the assembly line climbed the stairs of Cobo Hall and broke through a glass window, hauling Detroit mayor Coleman Young in the passenger seat. The entrance made an…
The number of electric vehicles on US roads has surged 250% over 5 years with Teslas leading the charge – but are EVs a money saver or a money pit?
Chris Blay had a decision to make in September 2021. The senior network architect was a longtime Audi driver, but with his latest lease coming up, Blay became interested in the Teslas filling the roads. “Tesla released the Model 3,…
EU urges US To Rethink Tax Breaks In Landmark Green Legislation
Brussels is pushing for Washington to rethink “discriminatory” provisions in its new flagship green legislation, as alarm mounts among EU officials that the rules could prompt European companies to move production to the US. Margrethe Vestager, Europe’s competition enforcer, said…
Volvo EX90 Will Feature App-Based AC & DC Bi-Directional Charging
Volvo gets it. Electric cars are batteries on wheels that can be used to fry bacon at your campsite, support the grid, power your home, charge a friend’s EV, or earn extra money for their owners by sharing electricity with…
