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Continue reading 530,000 Hondas, Acuras under expanded NHTSA investigation for steering problem
530,000 Hondas, Acuras under expanded NHTSA investigation for steering problem originally appeared on Autoblog on Mon, 4 Dec 2023 10:36:00 EST. Please see our terms for use of feeds.
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The Department of Energy (DOE) on Friday issued proposed guidance on foreign battery content in EVs that could cut the federal tax credit for some models. But it also provides a clearer picture for automakers and battery suppliers. Starting Jan. 1, EVs are ineligible for the federal tax credit of up to $7,500 if they have key battery components...
Market experts are carefully watching a drop in lithium prices—and what impact that could have on EV costs—according to a new Bloomberg report. Lithium's benchmark price in China—the world's largest new-car market and a center for battery production—is down about 80% from its November 2022 record high, the report noted...