Electric Cars

Reuters

Oct 27, 2022, 1:46 PM

Spain Frontloads Subsidies For Electric Car Projects As VW Appears In Doubt

The Spanish government sought to work with Volkswagen after the German automaker reportedly threatened to pull out.

2 Min

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  Reuters | Oct 27, 2022

  Tesla Seeks To Ease Demand Concerns Over Likely 2022 Delivery Target Miss

  Chief Executive Elon Musk told analysts on a conference call there was excellent demand in the fourth quarter, addressing investors' concerns that buyers could be discouraged by the weak global economy and high prices for Tesla vehicles.

  3 mins read
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  Reuters | Oct 27, 2022

  China's CATL Slows Battery Investment Plan For U.S., Mexico - Report

  The world's largest battery maker, which supplies one of every three electric vehicles, has been considering opening new plants in the United States and Mexico since earlier this year

  3 mins read
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  Reuters | Oct 27, 2022

  Automakers To Double Spending On EVs, Batteries To $1.2 Trillion By 2030

  Automakers have forecast plans to build 54 million battery electric vehicles in 2030, representing more than 50% of total vehicle production

  2 mins read
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  Reuters | Oct 27, 2022

  Biden Awards $2.8 Billion To Boost U.S. Minerals Output For EV Batteries

  The grants, which are going to projects across at least 12 states, mark the latest push by the Biden administration to help reduce the country's dependence on China and other nations for the building blocks of the green energy revolution.

  3 mins read
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  Reuters | Oct 27, 2022

  Automakers Need More Time To Meet U.S. Minerals Requirements For EVs - Execs

  The Inflation Reduction Act, as currently written, requires automakers to have 50% of critical minerals used in EV batteries come from North America or U.S. allies by 2024, rising to 80% by the end of 2026.

  4 mins read
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  Reuters | Oct 27, 2022

  Tesla Investors To Focus On Demand Issues In Earnings Report

  Decades-high inflation, rising energy bills in Europe and signs of a weakening China market have raised doubts among some analysts about whether Tesla can buck an economic slowdown and continue to raise prices without hurting its sales.

  2 mins read
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  Reuters | Oct 27, 2022

  Tesla Tops Battery-Electric Vehicle Registrations In Germany, Beating Volkswagen

  As per federal data, Tesla topped registrations of battery-electric vehicles in Germany in the first nine months of this year at nearly 38,500 beating the Volkswagen brand by around 6,000 vehicles.

  1 min read
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  Reuters | Oct 27, 2022

  Stellantis Eyeing Two More North American Battery Plants By 2030

  The automaker has already announced two joint-venture battery plants - one in Indiana and the other in Canada.

  1 min read