Honda will invest 10 trillion Japanese yen ($65 billion) in EVs until 2030 to stay competitive in the market.
Tags: EV
Ex-Tesla Board Member Criticizes Increase in Elon Musk's Salary
Former Tesla board member and clean technology venture capitalist Steve Westly said that he is siding with current board members plotting a coup against the move to increase Elon Musk’s pay package to $56 billion.
US Energy Secretary Says Higher Tariffs on Chinese EVs Crucial for Local Automakers
US Energy Secretary Jennifer Granholm said that increasing import duties on Chinese EVs to more than 100% is crucial to the local auto industry's health.
China Evergrande EV Shares Surge as Liquidators Sell Stake for Major Shareholders
China Evergrande New Energy Vehicle Group's stock price doubled when trading restarted on Monday, May 27.
Nissan Postpones Plan to Build New EVs at Mississippi Factory Amid Sluggish Sales Growth
Nissan has decided to delay its plan to build new EVs at its factory in Canton, Mississippi. Nissan has decided to delay its plan to build new electric vehicles (EVs) at its factory in Canton, Mississippi, since EV sales are increasing slower than anticipated.
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Advocacy groups within the US bicycle community are calling on domestic stakeholders to reach out to lawmakers regarding the recent EV tariffs.
China's EV maker Nio has introduced the first vehicle from its new budget brand, Onvo, to compete with Tesla's best-selling Model Y car.
Global climate database thinktank InfluenceMap has ranked Toyota dead last in climate lobbying and third-worst in EV production in its 2024 report.
White House officials said the Biden administration would impose a massive tariff increase on Chinese electric vehicles in an announcement on May 14.
Zeekr's US IPO soars, raising $441M with a 24% share surge. Amid Chinese EV market competition, Zeekr eyes global expansion, delivering 49,148 vehicles in 2024.
Vice President Kamala Harris announced a $100 million funding initiative in Detroit to support small and medium-sized auto manufacturers transitioning to electric vehicle production.
Donald Trump allegedly promised oil CEOs that he'd end EV incentives if they could donate $1 billion to his election campaign. Is this true?
General Motors might need to leave China as losses mount to $106 million in just three months, the third time in 15 years.
The U.S. Treasury Department decided to loosen up the regulations to allow more EVs to be eligible for EV tax credits. Here are the changes made.
