Lawmakers approved $5 billion for states to build a network of fast chargers two years ago. Although some states have made progress in recent weeks, most have not yet awarded contracts or started construction.
New Treasury Department regulations coming into effect on January 1, 2024 will result in the loss of federal incentives for certain electric car models. Both General Motors (GM) and Ford have confirmed that some of their models, including the Cadillac LYRIQ and Chevrolet Blazer EV, will temporarily lose eligibility for the clean vehicle credit due to minor components. However, GM has stated that it is working on sourcing plans for qualifying components and will advocate for customers who purchase vehicles built before the new guidelines. On the other hand, some Buick and Ford dealers have decided to opt out of selling electric cars due to the major infrastructure upgrades required, which they claim will be costly. This decision by some dealers may hinder the adoption of electric vehicles.
In part five of our series exploring myths surrounding EVs, we assess the greenwashing claims.
BYD, China's electric-vehicle juggernaut, announces plans to build its first assembly plant for battery-powered cars in Europe, signaling its ambition to expand beyond Asia and posing a threat to European and U.S. automakers.
General Motors and Ford Motor Company have announced that certain car models will no longer be eligible for the electric vehicle tax credits in the U.S. beginning in 2024.
Toyota Motor Co. is recalling 1 million vehicles over a defect that could cause airbags not to deploy, increasing the risk of injury.
The Maine Board of Environmental Protection (BEP) has postponed a highly-anticipated vote on a sweeping electric vehicle (EV) mandate due to a storm causing widespread power outages. Maine Gov. Janet Mills declared a state of emergency, leading to the closure of state government offices. The storm has left hundreds of thousands of people without power and caused significant flooding and infrastructure damage.
The US government is reportedly discussing raising tariffs on Chinese goods, including electric vehicles (EVs). Chinese EVs currently entering the US are already subject to a 25 percent tariff.