Electric Mobility
Reuters
Dec 31, 2022, 5:17 PM
Bosch will invest more than $200 million to produce fuel cell stacks in its South Carolina facility, as the German auto supplier accelerates its transition to electrification.
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Reuters | Dec 31, 2022U.S. Senator Manchin Says Treasury Should Limit Commercial EV Tax Credit UseThe $430 billion U.S. Inflation Reduction Act (IRA) passed in August ended $7,500 consumer tax credits for electric vehicles assembled outside North America, angering South Korea, the European Union, Japan and others.2 mins read
Reuters | Dec 31, 2022South Korea's Yoon Ready To Offer 'Tailored' Benefits To Attract Tesla Gigafactory: ReportYoon held a video call with Tesla Chief Executive Elon Musk last week and Yoon's office cited Musk as saying South Korea is among the top candidate locations for a new Tesla factory.2 mins read
Reuters | Dec 31, 2022Automakers, South Korea Urge U.S. To Tap Commercial EV Tax CreditThe $430 billion U.S. Inflation Reduction Act (IRA) passed in August ended $7,500 consumer tax credits for electric vehicles assembled outside North America, sparking anger from South Korea, the European Union, Japan and others.2 mins read
Reuters | Dec 31, 2022Toyota Offers Cheaper Prius If Customers Take Software UpdatesThe lease program will require customers to opt in for a service expected to bring monthly lease payments down by 10%, Toyota's leasing affiliate said.1 min read
Reuters | Dec 31, 2022Vietnam's EV Maker Vinfast Files For U.S. IPO To Fuel Global ExpansionVinFast, which began operations in 2019, is gearing up to expand in the U.S. market, where it hopes to compete with legacy automakers and startups with its two all-electric SUVs, the VF8 and VF9, including battery leasing to reduce the purchase price.3 mins read
Reuters | Dec 31, 2022Apple Scales Back Self-Driving Car, Delays Launch To 2026: ReportThe company's automotive efforts, known as Project Titan, have proceeded unevenly since 2014, when it first started to design a vehicle from scratch.1 min read
Reuters | Dec 31, 2022Redwood Materials Joins Electric Vehicle, Battery Trek To South CarolinaRedwood said it will build a $3.5 billion battery materials campus in Ridgefield, about 30 miles (48.28 km) northwest of Charleston, that will recycle, refine and remanufacture cathode and anode materials2 mins read
Reuters | Dec 31, 2022India Govt Steps Up Audit Of EV Firms Taking Subsidies - ReportThe Indian government will stop its electric vehicle subsidy scheme for companies against which complaints have been received.0 mins read
