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UK could ease EV sales targets after backlash from automakers
Britain will reconsider rules that force automakers to produce more electric vehicles after the industry warned that the plan would lead to factory closures and job losses without stronger demand from consumers.
The UK Will Consult on Sales Targets for Automakers During the Transition to Electric Vehicles
Britain’s new Labour government will launch a consultation on sales targets set for auto manufacturers during the transition to electric vehicles
UK Backs Down From EV Sales Mandate Carmakers Won’t Meet
The UK government vowed more support for the nation’s car industry and will consult with manufacturers about changing an electric-vehicle sales mandate they won’t meet this year.
UK to review electric car sales targets, says finance minister
Britain has launched a consultation to review the targets set for carmakers to boost electric car sales, finance minister Rachel Reeves said on Wednesday, after industry warnings that the rules could force factory closures and job losses.
UK to Review Electric Car Sales Targets After Industry Backlash
Britain said on Wednesday it would rethink the rules that force carmakers to produce more electric vehicles after the industry warned that the current plan would lead to factory closures and job losses,
UK Electric Car Sales Targets Under Scrutiny Amid Industry Backlash
The UK government faces increasing opposition from car manufacturers over strict electric vehicle (EV) sales targets, citing weak consumer demand and financial strain on the industry, BBC News reports.
Britain to launch consultation on electric vehicle transition
Britain will launch a consultation on changing its zero-emission vehicle mandate but will stick to a 2030 deadline for phasing out new petrol and diesel car sales, Prime Minister Keir Starmer's spokesperson said on Tuesday.
21h
on MSN
Biden Grants Rivian $6.6B Loan to Revive Stalled Georgia EV Factory
The loan is a critical step for the EV maker, which had halted work on its plant after struggling to become profitable.
1d
Tesla Model Y And Chevy Equinox EV Top Year-End Deals Favoring Lease Over Price
Year-end deals on electric vehicles are starting to surface as Tesla and traditional car dealers take advantage of the ...
Bloomberg L.P.
7h
UK Government Yields on EV Mandate as Carmakers Come Up Short
The UK government vowed more support for the nation’s car industry and will consult with manufacturers on changes to an ...
20h
on MSN
Automakers carry on with EV transition plans despite Trump’s threat to kill tax credits
If President-elect Donald Trump makes good on his threat to kill federal tax credits for electric vehicle purchases, it’s ...
19h
on MSN
Elon Musk learns how EV charging works from Pete Buttigieg
You’d think Elon Musk, the CEO of Tesla and its wide-reaching Supercharger network, would already know about the workings of ...
1h
on MSN
Stellantis to halt production in Turin in December due to weak demand for Fiat 500 EV
Stellantis will again halt auto production at its historic Italian Mirafiori plant from Dec. 2 to Jan. 5 due to continuing ...
1d
on MSN
California could keep the $7,500 EV credit alive if Trump kills the cost-saving measure, Newsom says
California Gov. Gavin Newsom announced Monday he will provide $7,500 electric vehicle rebates for his state if ...
22h
on MSN
Rivian gets $6.6 billion government loan to build its EV factory in Georgia
The US Department of Energy will loan Rivian $6.6 billion to build an electric vehicle factory in Georgia, as Democrats ...
Reuters on MSN
17h
EV maker VinFast narrows Q3 losses, beats revenue estimates on strong demand
HANOI, Nov 26 (Reuters) - Vietnamese electric vehicle (
EV
) manufacturer VinFast on Tuesday reported a smaller $550 million ...
19h
on MSN
Biden administration to loan $6.6B to EV maker Rivian to build Georgia factory that automaker paused
President Joe Biden’s administration will loan $6.6 billion to electric vehicle maker Rivian Automotive to build a Georgia ...
3h
on MSN
Tesla and BYD are gearing up for another round in China's brutal EV battle
Elon Musk's EV maker and BYD are asking suppliers to cut prices and rolling out discounts as they brace for another round in ...
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