News
Lucid Motors to Cut 12 Percent of US Workforce
2+ hour, 53+ min ago (89+ words) The company said the move aims to improve efficiency and gross margin. Lucid Motors to Cut 12 Percent of US Workforce Newark, California-based Lucid Motors has started implementing a plan to reduce its U.S. workforce by about 12 percent in an effort to…...
Automakers Pump Brakes on EV Investment as Federal Subsidies Stop
5+ day, 23+ hour ago (116+ words) EVs will only grow very slowly from here on out due to a saturated market and lack of consumer demand," an energy analyst said. Automakers Pump Brakes on EV Investment as Federal Subsidies Stop EVs will only grow very slowly…...
US Treasury Releases Guidance on Clean Energy Tax Credit Rules Restricting Chinese-Made Equipment
1+ week, 13+ hour ago (110+ words) The guidance is designed to reduce reliance on foreign supply chains. US Treasury Releases Guidance on Clean Energy Tax Credit Rules Restricting Chinese-Made Equipment The U.S. Treasury Department released interim guidance Thursday for enforcing provisions in President Donald Trump's tax reforms…...
EPA Eliminates Credits for Auto Start-Stop Feature in Cars
1+ week, 20+ hour ago (117+ words) Automakers will now be motivated to manufacture vehicles based on what Americans "actually want in their cars," the agency said. EPA Eliminates Credits for Auto Start-Stop Feature in Cars The Environmental Protection Agency (EPA) ended a greenhouse gas credit program…...
Macron Blames Renewable Energy for Spain’s National Blackout
1+ week, 1+ day ago (51+ words) Since adopting its Climate Change and Energy Transition Law in May 2021, Spain has committed to achieving climate neutrality by 2050. Macron Blames Renewable Energy for Spain's National Blackout French President Emmanuel Macron has said that Spain's reliance on renewable energy was…...
Ford Posts $11.1 Billion Net Loss in Fourth Quarter as EV Losses, Tariffs Weigh
1+ week, 2+ day ago (144+ words) Ford said ongoing supply disruptions from the Novelis plant fire are expected to affect its operations through the first half of the year. Ford Posts $11.1 Billion Net Loss in Fourth Quarter as EV Losses, Tariffs Weigh Ford Motor Company on…...
DOT Proposes Raising ‘Buy America’ Requirements for Federally Funded EV Chargers
1+ week, 2+ day ago (92+ words) The Transportation Department said the move would incentivize manufacturers to rapidly shift toward domestic manufacturing. DOT Proposes Raising "Buy America" Requirements for Federally Funded EV Chargers The Department of Transportation (DOT) on Feb. 10 unveiled a proposal to increase the percentage…...
Waymo Goes Fully Autonomous in Nashville
1+ week, 2+ day ago (69+ words) Waymo Goes Fully Autonomous in Nashville Alphabet unit Waymo said on Monday it has gone fully autonomous in Nashville, Tennessee, ramping up operations as the robotaxi race heats up in the United States. In September, the company and Lyft announced…...
Ottawa Plans to Add 8,000 New Electric Vehicle Charging Ports in Canada
1+ week, 3+ day ago (92+ words) Ottawa Plans to Add 8,000 New Electric Vehicle Charging Ports in Canada The federal government is looking to increase the number of electric vehicle chargers across the country as part of its new automotive strategy, but is still well short of…...
Stellantis Selling Stake in Windsor Battery Plant as It Takes $35B Hit From EV Shift
2+ week, 8+ hour ago (39+ words) Stellantis Selling Stake in Windsor Battery Plant as It Takes $35B Hit From EV Shift Carmaker Stellantis is selling its stake in a mega battery factory in Windsor, Ont., to its joint venture partner, Korean company LG Energy Solution....