Category: eV

NIO partners with China’s Giant Panda National Park in Clean Parks initiative

The Clean Parks initiative has covered nine environmentally sensitive areas since its launch, and Giant Panda National Park is the fourth Chinese national park NIO has partnered with under it.

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Niutron Returns Deposits to 25,000 Customers and Closes Shop In China

Niutron NEV brand suffered some severe problems and couldn’t deliver its first vehicle on time. As a result, it started to return deposits to all 25,000 Chinese customers and even closed its shop in China. Is this new Chinese NEV brand in deep troubles? Let’s sort it out. What is Niutron Let’s start with some […]

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Tesla 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

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. The $430 billion U.S. Inflation Reduction Act (IRA) passed in August ended $7,500 consumer tax credits for electric vehicles assembled outside North America, sparking anger from South Korea, the European Union, Japan and others. Some automakers say a lesser noticed IRA provision for "commercial clean vehicles" could be used to boost EV manufacturers and address foreign concerns.