A Finnish maker of fast chargers for electric vehicles is dipping its toe into the U.S. market with a $41 million venture in North Carolina.
February 10, 2023electric vehicle News Updates
Finnish EV Fast-Charger Maker Setting Up Shop in North Carolina
VinFast Cuts About 80 Jobs in North America, Including US CFO
Electric vehicle maker VinFast has cut about 80 jobs in North America, including its U.S. chief financial officer, raising questions about the health of the Vietnamese company ahead of a possible stock listing.
February 7, 2023Treasury Expands Tax Credits to More Electric SUVs
WASHINGTON 鈥 The Treasury Department said Feb. 3 it is making more electric vehicles eligible for tax credits of up to $7,500 under new vehicle classification definitions.
February 3, 2023Fleets, Tech Developers Chart Course to More Sustainable, Efficient Supply Chains
LAS VEGAS 鈥 Electric and autonomous vehicles can help build more sustainable and efficient supply chains, but the freight transportation sector will need to overcome various challenges to realize their potential.
February 2, 2023Manchin Bill Would Delay Tax Credits for Electric Vehicles
WASHINGTON 鈥 Ratcheting up his criticism of the Biden administration, Sen. Joe Manchin (D-W.Va.) on Jan. 25 moved to delay new tax credits for electric vehicles.
January 25, 2023Tesla Cuts Vehicle Prices in Bid to Boost Flagging Demand
DETROIT 鈥 With its sales slowing and its stock price tumbling, Tesla Inc. slashed prices dramatically Jan. 13 on several versions of its electric vehicles, making some of its models eligible for a new federal tax credit that could help spur buyer interest.
January 13, 2023Michigan鈥檚 EV Investments Line Up State Among Largest Battery Manufacturers
Michigan is protective over its automotive legacy 鈥 so much so that it laid down $2 billion in taxpayer money to assure the state would be part of the electrification of the car industry.
January 9, 2023EV Tax Credit Rulings Please Some Automakers, Exclude Others
The U.S. government has angered Tesla Inc.鈥檚 Elon Musk and handed welcome news to other automakers like Hyundai Motor Co. with guidance on which electric vehicles will qualify for tax credits in the coming months.
January 5, 2023China鈥檚 CATL Extends Lead as World鈥檚 Top EV Battery Maker
Contemporary Amperex Technology Co. Ltd.鈥檚 share of the electric vehicle battery market continues to grow, as the Chinese company accounted for 37.1% of global sales in the first 11 months of 2022.
January 4, 2023Florida鈥檚 Blue Innovations Group Betting on Electric Boats
As Tesla helped usher in electric cars, a Tampa Bay, Fla., company seeks to do the same for boating. Blue Innovations Group, founded by former Tesla global head of manufacturing Chuan 鈥淛ohn鈥 Vo, is working out of Pinellas Park on a 30-foot-long boat powered by only electricity.
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