Electric Vehicle News

News

FOCUS-European automakers need time, not tariffs, to fend off China competition

AUTOS-EUROPE/CHINA (REPEAT, UPDATE 1, PIX):RPT-FOCUS-European automakers need time, not tariffs, to fend off China competition

4 min read24 May 2024
Auto News

EVs or hybrids? For Nitin Gadkari, the answer lies in ethanol

Gadkari’s proposal to the finance minister makes a case for a ‘favourable incentive framework’ specifically for flex fuel vehicles (FFVs) and flex fuel strong hybrid electric vehicles (FFV-SHEVs), where manufacturers with lesser emissions can effectively earn carbon credits.

6 min read21 May 2024
Auto News

Volkswagen faces challenges in electrification plans, explores plug-in hybrids: Report

Volkswagen faces setbacks in EV sales, delays, and investment hurdles, prompting shift towards plug-in hybrids and partnerships in China. Despite challenges, the company remains committed to sustainable automotive future.

1 min read16 May 2024
Industry

For EV makers, the lithium price crash should be good news. It isn’t.

Rather than stoking demand, the 80% drop in lithium prices from November 2022 to February 2024 may have caused potential customers to delay their purchase in expectation of even lower prices ahead, a top Tata Motors official said.

5 min read16 May 2024
Industry

Why the hybrid boom is funding EVs

Japan’s carmakers have been churning out record profits thanks to the weak yen and strong hybrid sales, creating a war chest for electric-vehicle investments.

3 min read15 May 2024
From:
Industry

Tesla turmoil means make-or-break moment for EV charging

Turmoil in Tesla’s charging network puts the spotlight on other fast-charging providers.

5 min read11 May 2024
From:
Industry

South Korea plans $7 billion push to pivot EV battery industry away from China

South Korea is dedicating around $7 billion to help wean its electric-vehicle battery supply chain away from China and align more with U.S. trade guidelines.

1 min read8 May 2024
From:
News

Rivian Sticks With EV Forecast Despite Wider-Than-Expected Loss

Rivian Automotive Inc. fell short of Wall Street’s earnings expectations to start the year as the automaker works to revamp its manufacturing operations and boost output of electric vehicles.

1 min read8 May 2024
Industry

EV makers get two-year reprieve on tax-credit restrictions

The Treasury Department has extended eligibility for cars containing Chinese graphite through 2026.

3 min read3 May 2024
From:
Industry

Chinese EV-makers are leaving Western rivals in the dust

They have shone at Beijing’s car jamboree

2 min read3 May 2024
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Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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