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BYD, EV

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 China's brutal EV battle.

The Financial Times · 11h

China’s EV price war set to intensify next year as BYD squeezes suppliers

The carmaker urged its suppliers to send over their quotes by December 15 and officially mark down prices starting next year, executive vice-president He Zhiqi wrote in an email circulated on social media on Wednesday.

Bloomberg L.P. · 15h

Leaked BYD Letter Signals China EV Price War Is Set to Intensify

BYD Co. has asked suppliers to accept price cuts next year in a signal the Chinese electric vehicle maker is preparing for the brutal price war in the world’s biggest auto market to intensify.

Trump, EV and Newsom

CNN on MSN · 2d

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 President-elect Donald Trump and congressional Republicans dismantle the federal credit – one of several consumer cost-saving measures in President Joe Biden’s climate bill.

The Associated Press - Busines… · 1d

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 likely that fewer buyers will choose EVs.

The Washington Post on MSN · 1d

Newsom says California to offer EV subsidies if Trump kills federal tax credit

California will seek to relaunch subsidies of electric vehicles if Republicans in Washington follow through on repealing a $7,500 credit.

UK could ease EV sales targets

Reuters on MSN · 6h

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.

U.S. News & World Report · 4h

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

COVER News India on MSN · 9h

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.

Rivian, EV and Georgia

Associated Press on MSN · 23h

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 factory.

The Washington Post on MSN · 1d

EV maker Rivian gets $6.6 billion federal loan to finish Georgia plant

Rivian paused work on the plant earlier this year amid financial difficulties. The factory is supposed to produce midsize and crossover SUVs.

The Wall Street Journal on MSN · 1d

Rivian Receives Conditional $6.6 Billion U.S. Loan to Expand EV Production

The conditional commitment from the U.S. Department of Energy’s Advanced Technology Vehicle Manufacturing program includes $6 billion in principal and approximately $600 million in capitalized interest.

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 ...

Stellantis Keeps Slashing Car Output in Italy Over EV Slump

Stellantis NV is reducing output in Italy starting next week due to weak demand for the electric and luxury cars it’s ...

Tesla would likely be excluded from new California EV tax credits, governor's office says

Tesla's electric vehicles likely would not qualify for California's new state tax credits under a proposal in the works if ...

23hon 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 ...

Bloomberg L.P.12h

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 ...

Reuters on MSN21h

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 ...

2don MSN

What the Trump-Musk bromance means for the global EV chessboard

It's hard to tell how Musk will impact Trump's EV agenda over the next four years.

15h

Indonesia’s Biggest Taxi Firm Bets BYD Plant to Cut EV Prices

Indonesia’s largest taxi operator expects an upcoming BYD Co. plant will bring electric vehicle prices down as it seeks to ...

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BYD, EV

Trump, EV and Newsom

UK could ease EV sales targets

Rivian, EV and Georgia

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