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Tag: EV

10Jan

Newsom proposes $200M California EV rebates after federal $7,500 credit ends

Washington: California Governor Gavin Newsom is proposing $200 million in new state electric-vehicle tax rebates after Congress earlier this year ended a federal $7,500 state tax deduction on new EVs,…
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09Jan

GM to take $6B hit as it scales back EV investments

Detroit: General Motors said on Thursday it would take a $6 billion charge to unwind some electric-vehicle investments, the latest car company to pull back from EVs in response to…
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08Jan

Rivian recalls nearly 19,700 EVs in U.S. over rear toe link issue

Rivian Automotive is recalling 19,641 previously serviced R1S and R1T electric vehicles in the U.S., citing incorrectly assembled rear toe link, the U.S. National Highway Traffic Safety Administration said on…
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03Jan

BYD Sales Slide in December as China’s EV Price War Bites

BYD sharply declined in December from a year before, as it closed the curtains on a volatile year for China's electric vehicles amid an aggressive price war and weak domestic…
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02Jan

Rivian Misses 2025 EV Delivery Estimates as Demand for High-Priced Models Slows

Rivian on Friday reported 2025 electric vehicle deliveries that fell slightly more than expected, underscoring the pressure on demand for higher-priced EVs as it prepares to start delivering a lower-cost…
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26Dec

U.S. Factory Output Flat in November as EV Tax Credits Expire

U.S. factory production was unchanged in November after declining in October as motor vehicle output fell following the expiration of tax credits for electrical vehicles. The flat reading in manufacturing…
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06Dec

EU Reviews Tariffs on China-Made Volkswagen EVs, Eyes Quota and Price Plan

The European Commission said on Thursday it was reviewing tariffs on Volkswagen's electric vehicles built in China, which the automaker hopes could be replaced with an annual import quota and…
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