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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 China’s global dominance in battery production.
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.
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 through a special permitting process. DOE awarded a $166 million grant to South32 Hermosa, which is building a $1.7 billion underground manganese and zinc mine and processing plant in southern Arizona.
EU, car sales and EV
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 vehicles cratered.
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,
European EV Sales Plummet 44% As Automakers Scramble For Solutions
The EV market in Europe is facing a “continual downward trajectory,” according to ACEA. In August, EV sales dropped 43.9%, while the overall market fell 18.3% year-on-year. Automakers seek a smoother transition to zero-emission mobility amid sluggish EV demand.
2h
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 ...
3h
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.
9m
The rise of solar power and China's staggering EV growth may have pushed global emissions into decline
Renewable technologies are gathering speed, putting the world within reach of falling greenhouse gas emissions. Climate ...
8h
on MSN
Vietnamese EV maker VinFast reports wider sequential gross loss
(Reuters) -Vietnamese electric-vehicle maker VinFast reported a deeper second-quarter loss on Friday, driven by rising costs ...
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.
5h
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% ...
Automotive News
6h
Stellantis taking heat from dealers, UAW amid EV push
UAW President Shawn Fain said it's not every day that the union finds itself on the same side as dealers. But the two groups ...
MLive
6h
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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