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U.S. awards $3 billion for EV battery production
Seeking to counter China, US awards $3 billion for EV battery production in 14 states
The Biden administration is awarding $3 billion to U.S. companies to boost domestic production of advanced batteries and other materials used for electric vehicles, part of a continuing push to reduce
U.S. Awards $3 Billion for EV Battery Production to Counter China
The $3 Billion financial grants will fund 25 projects in 14 states, including election battleground states such as Michigan and North Carolina.
U.S. to Distribute $3 Billion in Grants to 25 Battery Makers
The Energy Department says the boost to battery makers and suppliers willl support 12,000 production and construction jobs.
EU, car sales and EV
As Tesla’s European sales plummet 36% in August, automakers warn EV market now on ‘continual downward trajectory’
The good news for Tesla is for once it didn't perform any worse than overall EV demand in Europe in August. The bad news is the market collapsed last month.
EU car sales at 3-year low in August, EV sales plunge 44%
New car sales in the European Union fell 18.3% in August to their lowest in three years, dragged down by double-digit losses in major markets Germany, France and Italy and sliding electric vehicle (EV) sales,
EU new car sales drop 18% in August, EV figures plummet 44% Y/Y
New car registrations in the European Union showed an 18% drop in August, witnessing declines in the four major markets of the region. Germany took the biggest hit with a drop of 27.8%, and France 24.
Michigan, EV
Feds announce $355M for 4 electric vehicle battery projects in Michigan
Four projects will receive a combined $355 million in funding from the U.S. Department of Energy, officials announced Friday.
US announces $3 billion in funding for new battery projects
The US Department of Energy announced today plans to dole out more than $3 billion to over two dozen battery projects across 14 states. The money will go toward processing critical minerals, building batteries and their components,
Louisiana projects get $292 million federal grant for EV battery components
Element 25, Honeywell get funding for operations that would create hundreds of construction and manufacturing jobs.
29m
House backs measure to overturn Biden auto emissions rule that Republicans say would force EV sales
The Republican-controlled House approved a resolution Friday that would overturn a new Biden administration rule on ...
6h
on MSN
A Russian warlord who seemingly put a machine gun on a Cybertruck says Elon Musk 'remotely disabled' the militarized EV
Ramzan Kadyrov previously claimed the pickup was a gift from Musk and suggested he might send it into war against Ukraine.
7h
Vietnamese EV maker VinFast reports wider sequential gross loss
Vietnamese electric-vehicle maker VinFast reported a deeper second-quarter loss on Friday, driven by rising costs linked to ...
8h
3 Electric Vehicle (EV) Stocks That Could Go Parabolic
After years of subpar performance, there's now a light at the end of the tunnel for all three companies ... and their stocks.
1d
on MSN
It's a great time to buy a used EV
The used EV market is more favorable than ever, with low prices and younger cars.
1d
Europe’s EV Sales Plunge Has Carmakers Seeking EU Relief
Germany, hit by bad economic news in recent weeks, led a drop in European car sales last month as demand for electric ...
1d
on MSN
Tesla sold more Cybertrucks than almost all other EV trucks combined
The Tesla Cybertruck gets a lot of hate for its polarizing design and even more polarizing creator. However, the Cybertruck ...
3h
Used EV prices in the DC market are down 27%, bargains, but beware
Vehicle search site iSeeCars.com said the average price of a used 1- to 5-year-old EV in the D.C. market has dropped 27.4% ...
E&E
7h
DOE floats $3B to boost EV, grid batteries
The funding announcement marks a boost for the first critical minerals project the Biden administration opted to fast-track ...
MLive
4h
EV battery materials company to construct new $175M manufacturing facility in Flint
This is the second company to announce a move into the former Buick City, now called the Flint Commerce Center.
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