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Mercedes-Benz laid out on Wednesday an over 1 billion-euro ($1.06 billion) plan to adapt its global production network for electric powertrain systems - including battery assembly, electric drive units, and axles - from 2024.
Author: Reuters
Manchin says Treasury should limit commercial EV tax credit use
Filed under: Government/Legal,Green,Green Automakers,Ownership,Electric
Continue reading Manchin says Treasury should limit commercial EV tax credit use
Manchin says Treasury should limit commercial EV tax credit use originally appeared on Autoblog on Tue, 13 Dec 2022 16:18:00 EST. Please see our terms for use of feeds.
Permalink | Email this | CommentsU.S. finalizes $2.5 billion loan to GM, LG battery joint venture
Filed under: Earnings/Financials,Government/Legal,Green,Plants/Manufacturing,UAW/Unions,GM,Electric
Continue reading U.S. finalizes $2.5 billion loan to GM, LG battery joint venture
U.S. finalizes $2.5 billion loan to GM, LG battery joint venture originally appeared on Autoblog on Mon, 12 Dec 2022 16:45:00 EST. Please see our terms for use of feeds.
Permalink | Email this | CommentsZeekr seeks over $1 billion in U.S. IPO
Filed under: Government/Legal,Green,Electric
Continue reading Zeekr seeks over $1 billion in U.S. IPO
Zeekr seeks over $1 billion in U.S. IPO originally appeared on Autoblog on Mon, 12 Dec 2022 08:27:00 EST. Please see our terms for use of feeds.
Permalink | Email this | CommentsStellantis to indefinitely idle Illinois assembly plant
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Chrysler parent Stellantis on Friday said it will indefinitely halt operations at an assembly plant in Illinois in February where it builds the Jeep Cherokee SUV and said it may not resume operations.
BP to expand EV charging network at M&S stores
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BP Plc on Thursday said its British electric vehicle charging business bp pulse will install high-speed charge points at around 70 Marks & Spencer retail outlets.
China’s CATL to provide EV batteries for Honda starting in 2024
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Honda Motor Co said on Thursday that Chinese battery giant CATL would supply batteries for seven years for its electric vehicles (EV) in China.
Commercial EV tax credit could ease concerns from automakers, South Korea
Filed under: Government/Legal,Green,Electric
Continue reading Commercial EV tax credit could ease concerns from automakers, South Korea
Commercial EV tax credit could ease concerns from automakers, South Korea originally appeared on Autoblog on Wed, 7 Dec 2022 08:13:00 EST. Please see our terms for use of feeds.
Permalink | Email this | CommentsTesla launches EVs in Thailand amid competition from cheaper brands
Tesla Inc launched two electric vehicle (EV) models in Thailand on Wednesday, marking its first foray into the regional autos hub that has long been dominated by Japanese manufacturers. The launch of two EVs with prices ranging between 1.7 million baht to 2.5 million baht (($48,447 to $71,205) comes as Thailand makes a push for EV adoption and production by offering tax cuts and subsidies. The U.S. automaker plans to start selling its EVs in Southeast Asia's second-biggest economy via online channels, with deliveries set to start early next year.
Automakers, South Korea urge U.S. to tap commercial EV tax credit
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Many automakers and the South Korean government are urging the Biden administration to tap a commercial electric vehicle tax credit to boost consumer EV access, a plan that could help ease concerns over a climate bill approved in Congress.
