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Trump's transition team aims to kill Biden EV tax credit

Exclusive-Trump's transition team aims to kill Biden EV tax credit

President-elect Donald Trump's transition team is planning to kill the $7,500 consumer tax credit for electric-vehicle purchases as part of broader tax-reform legislation, two sources with direct knowledge of the matter told Reuters.

E&E · 6h

Auto trade group to GOP tax writers: Keep Biden’s EV credits

The Alliance for Automotive Innovation argued that incentives in the Inflation Reduction Act are key to maintaining a “globally competitive American auto

Yonhap News English on MSN · 8h

Trump's transition team seeks to abrogate Biden's EV tax credit: Reuters

EV brand Zeekr to take control of Lynk

Reuters on MSN · 2h

In major Geely shake-up, EV brand Zeekr to take control of Lynk

China's Geely said on Thursday its premium electric vehicle maker Zeekr plans to take control of Lynk & Co, a sister brand - the first big restructuring move in a planned overhaul for the sprawling automotive group.

Seeking Alpha on MSN · 4h

Chinese EV reset: ZEEKR to take control of Lynk as it looks to be a major player

China's Geely said electric vehicle maker ZEEKR Intelligent Technology (NYSE:ZK) plans to take control of Lynk & Co as the first big restructuring move in a major reset of the holding company's automotive group.

Automotive News · 10h

Geely said to integrate Zeekr, Lynk & CO brands to streamline costs

Geely Geely said to integrate Zeekr, Lynk & CO brands to streamline costs. Share. Expand. Zeekr 001 EVs at a plant in Zhejiang province in China. (Zeekr)

Global EV Sales Hit Monthly Record in October

Inside EVs on MSN · 5h

EV And PHEV Sales Set A New Record Last Month

After a stellar performance in September, global EV and PHEV sales hit a new record last month. Over 1.7 million all-electric and plug-in hybrid vehicles were sold in October globally. Year-to-date, US sales of EVs and PHEVs went up 9%.

MarketWatch · 21h

Global EV Sales Hit Monthly Record in October on Strong Performance in China -- OPIS

China was responsible for more than 70% of the October sales, with more than 1.2 million EVs being purchased in that country during the month, according to the firm. Chinese EV sales were 6% higher than in September and up more than 50% from the same month last year,

Reuters on MSN · 1d

Global EV sales up 35% in October, Europe ekes out a gain

Global sales of fully electric and plug-in hybrid vehicles rose 35% in October from the same month last year, led by a 54% jump in sales in China, market research firm Rho Motion said on Wednesday. European sales rose just 0.

Ford reduces EV production in Germany

Business Insider · 1d

Ford is cutting hours for some German factory employees amid lower EV demand

The carmaker has more than 4,000 employees at its Cologne plant. It also has another plant in Saarlouis, southwestern Germany.

Carscoops on MSN · 1d

Ford Is Already Cutting Capri Production, Blames Weak EV Demand

New VW ID-based Capri crossover and its boxy Explorer brother are being throttled back as employees at the Cologne, Germany, plant are now only working alternate weeks

motor1.com on MSN · 1d

Ford Is Already Cutting Production of Its New EVs

The Blue Oval blames the "rapidly deteriorating market conditions for electric vehicles." Although the Explorer Electric was unveiled in March 2023, Ford didn’t start production until June this year.

TechRadar1h

Don’t buy an EV until 2026, new report suggests – they’re about to get much cheaper

It goes on to state that nearly 280,000 EV leases will end in the next two years in the United States, but thanks to the ...

14h

Kia sees near-term market challenges but sticks to 1.6 mln annual EV sales target by 2030

South Korean car maker Kia expects challenging market conditions in the near term due in part to governments' policies but ...

Green Car Reports2h

Study: 57% EV in 10 years requires "strategic reset" from automakers

Nearly 3 of 5 Americans see themselves switching to an EV within 10 years, according to a new study, but it may take a ...

Motor Trend18h

A Tale of Two EV Road Trips: One Was Horrible, One Was … Really Great?

D’oh! I’d promised I’d sell them to a friend’s cousin, so I had to turn around. Not ideal in any situation but especially ...

China's CATL pushes beyond batteries into power grids, EV platforms

Robin Zeng, the billionaire founder of CATL , aims to reinvent the world’s largest battery maker as a green-energy provider ...

E&E7h

Musk gains vast new EV power — and scrutiny

Along with benefiting from government contracts through his companies like SpaceX, Musk — via Tesla — is a leading recipient ...

Inside EVs42m

This Is Jaguar's New Six-Figure EV

Imposing, massive, and somewhere between a four-door coupe and a shooting brake. This heavily camouflaged prototype is our ...

2don MSN

Gas stations won’t go away after the EV revolution—they’ll just get better

A new EV charging station in Southern California shows how developers are rethinking this crucial infrastructure.

Hosted on MSN5h

Foxconn sees robust AI server demand, delays EV target

It did not provide a numerical guidance. Foxconn, which has been expanding into contract electric vehicle manufacturing for ...

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Trump's transition team aims to kill Biden EV tax credit

EV brand Zeekr to take control of Lynk

Global EV Sales Hit Monthly Record in October

Ford reduces EV production in Germany

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