WASHINGTON, Dec 2 (Reuters) - General Motors (GM.N), opens new tab said on Monday it will sell its stake in its joint venture battery plant in Lansing, Michigan to partner LG Energy Solution (373220.KS), opens new tab as the Detroit automaker trims its electric vehicle plans.
DETROIT (AP) — A Stellantis joint venture with Samsung SDI has won a commitment from the U.S. government for up to a $7.54 billion loan to help build two electric vehicle battery plants in Kokomo, Indiana.
The electric car we’ve been waiting for is almost here. Kia confirmed that the EV4 will officially join its lineup in 2025 as it expands into more affordable EVs.
Kia unveiled the EV4 last October as part of its new lower-cost EV lineup. The EV4 concept was showcased alongside the EV3 and EV5, two smaller electric SUV crossovers.
President-elect Donald J. Trump’s threat to impose 25 percent tariffs on goods from Mexico and Canada sent shivers on Tuesday through the auto industry, which depends heavily on both countries for parts and manufacturing.
The Events and Transportation Department at UCLA has secured a grant from the state of California totaling nearly $20 million. The funding will be used to transition the university’s bus fleet to 100% electric vehicles, expand service, and fund California’s first in-road EV charging system with the help of Electreon.
ATLANTA (AP) — President Joe Biden’s administration announced Tuesday that the U.S. Department of Energy will make a $6.6 billion loan to Rivian Automotive to build a factory in Georgia that had stalled as the startup electric vehicle maker struggled to become profitable.
MELBOURNE, Nov 25 (Reuters) - A lithium technology startup backed by Rio Tinto (RIO.AX), opens new tab, (RIO.L), opens new tab expects to finalise a funding round in the next week to raise A$27.5 million ($17.9 million), even as the global lithium market struggles, its Melbourne-based CEO told Reuters.
SACRAMENTO, Calif. (AP) — California could offer state tax rebates for electric vehicle purchases if the incoming Trump administration eliminates the federal EV tax credit, Gov. Gavin Newsom said Monday.
CLIMATEWIRE | If President-elect Donald Trump makes good on his threat to end the Biden administration’s support of electric vehicles, the move could clear the way for Chinese automakers to strengthen their position in the global marketplace, analysts say.
Despite several new EV models facing delays, Volkswagen’s cheapest model yet, the ID.2, is still on track to launch. The company confirmed the entry-level EV will launch as early as late 2025, marking a new “starting point” for the German auto giant.
