The Detroit carmaker is creating a domestic supply base to make EVs cheaper and profitable aided by Kurt Kelty, who landed Tesla’s top battery supplier in its early days.
In its quest to get a million electric vehicles on the road by 2030, Illinois was counting on $148 million in federal funding to help build a statewide network of public EV chargers. Now that funding has been frozen — and targeted for possible reduction or elimination — under a wide-ranging executive order that President Donald Trump signed on his first day in office.
Tesla investors will look for more details on the automaker's lower-priced model when it reports quarterly results on Wednesday as some expect the cheaper car to help the company hit its goal to increase deliveries by up to 30% this year.
[UPDATE] Tesla and General Motors stand to bear the brunt of the elimination of the federal EV tax credit.
More electric vehicle charging points have been installed in Ashford Borough Council car parks. Three new charging points were installed in Vicarage Lane car park as part of an infrastructure rollout in the Kent borough,
After a flood of EV investment in red states, most of the places where EV jobs might be undercut by Trump's action are also places that helped elect him.
Gabe Klein spent two years atop the first-of-its-kind office, helping allocate billions of federal EV dollars that President Donald Trump wants to claw
A surge in sales of electric vehicles in the final months of last year could continue well into 2025, as consumers continue to take advantage of federal tax incentives while they last.,
Porsche is close to launching its first electric sports car, but rather than start with the iconic 911, Porsche will initially add battery power to the 718 Boxster and Cayman. A prototype for the electric Cayman has now been spotted for the first time.
Rivian CEO RJ Scaringe told BI it's good that someone like Elon Musk, who understands EVs, is close to President Donald Trump.
The agency should move quickly to install EV charging stations using the federal subsidies it won — before President Trump snatches away that money.