White House Softens EV Mileage Rule in a Win for Futomakers
The Biden administration on Tuesday handed Detroit automakers a major win by easing proposed rules that would have forced them to scale back production of gas-guzzling vehicles or face billions of dollars in fines. The Department of Energy decision, first…
EV Euphoria is Dead. Automakers are Scaling Back or Delaying Their EV Plans
The buzz around electric vehicles is wearing off. For years, the automotive industry has been in a state of EV euphoria. Automakers trotted out optimistic sales forecasts for electric models and announced ambitious targets for EV growth. Wall Street boosted…
U.S. Electric Vehicle Investments Have Grown to $188 Billion, Almost 200,000 Jobs
A year and a half after the passage of the Inflation Reduction Act (IRA) accelerated the U.S. markets for electric vehicle and battery manufacturing, a new report by Environmental Defense Fund and WSP USA finds continued strong growth. The report,…
The EU Just Got a Step Closer to Hitting Chinese EVs With Additional Tariffs
The European Union is moving closer to imposing additional tariffs on Chinese electric vehicles entering the bloc, citing new proof that the government in Beijing is providing illegal financial support for the industry. The European Commission, the EU executive’s arm,…
Ford U.S. Sales Jump 10.5% in February, Beating Toyota for Second Straight Month
Ford sales charged higher in February, making the Dearborn-based automaker the No. 1 seller in America for the second straight month. Ford also noted hybrid and EV sales gains, highlighting the importance of its electrified powertrains. Ford reported February sales…
Yellen Praises Ties With Chile, a Vital Part of EV Supply Chain
Treasury Secretary Janet Yellen said the US is likely to increase mineral imports from Chile, a key supplier of lithium used in the batteries that power electric vehicles. Wrapping up a trade-focused visit to the South American country, Yellen said…
Ford EV Owners Can Now Charge on Tesla’s Network, but They’ll Need an Adapter First
Owners of Ford electric vehicles can now use much of Tesla’s charging network in the U.S. and Canada, but there’s a hitch. They’ll need to get an adapter that Ford will provide for free, although the company won’t start shipping…
Battery Recycling Can Boost EV Sales in the United States
Beyond protecting the environment from hazardous materials, lithium-ion battery recycling creates a secure domestic supply of critical materials and promises to make new electric vehicles (EV) cleaner and more affordable. It may be what finally boosts EV adoption in the…
US on Track to Meet 50% EV Target by 2030 Despite Slowing Growth
The US remains on track to meet ambitious targets for electric vehicle adoption despite signs of waning demand, according to Energy Secretary Jennifer Granholm. Speaking at an electric vehicle battery plant in Moses Lake, Wash., on Thursday, Granholm projected the…
Ford CEO Open to Working With Rivals to Compete With China
Ford Chief Executive Jim Farley said on Thursday the automaker is reworking its electric vehicle strategy to compete with Chinese rivals, and opened the door to collaboration with other automakers to cut EV battery costs. BYD and other low-cost Chinese…
