Electric vehicles face obstacles even if Congress passes climate bill

Electric vehicles face obstacles even if Congress passes climate bill

Electric vehicles are poised for the biggest policy boost in US history, but barriers remain before plugs replace gas pumps on a mass scale. Why it matters: EVs are a key tool for cutting carbon from transportation, the largest source of US planet-warming emissions. catch up fast: Democrats’ energy deal would hugely expand incentives if … Read more

China’s Nio to make power products for Europe at its first overseas plant

China's Nio to make power products for Europe at its first overseas plant

A Nio electric vehicle (EV) is seen displayed during a media day for the Auto Shanghai show in Shanghai, China April 19, 2021. REUTERS/Aly Song Register now for FREE unlimited access to Reuters.com Register SHANGHAI, Aug 1 (Reuters) – Chinese electric car maker Nio plans to open its first overseas plant in September to make … Read more

Greens vs. Electric Vehicle Tax Credits

Greens vs.  Electric Vehicle Tax Credits

The Schumer-Manchin tax bill’s rich electric-veicle subsides are a boon for auto makers, but they come with a hitch: It’s unlikely any electric vehicle on the market today would qualify for the $7,500 tax credit because of conditions in the bill on material manufacturing . This will be one policy where Democratic promises of permitting … Read more

The only thing hypocritical Dems are producing on climate is hot air

The only thing hypocritical Dems are producing on climate is hot air

Republicans are ruining the climate — right? Consider a few of the outrageous sins and stunts the party of evil perpetrated over the past few days, weeks and months. Oh, oops — all these planet-hating pols are Democrats. Last week, Senate Majority Leader Chuck Schumer announced an “Inflation Reduction Act” whose $485 billion in spending … Read more

EV Startup Faraday Future Says FF91 Production Is In Peril If Funding Isn’t Found

EV Startup Faraday Future Says FF91 Production Is In Peril If Funding Isn't Found

The FF91 has seen repeated delays in going to production. Faraday Future No one ever said building a car company was easy – or cheap – and EV startup Faraday Future, which has pushed back production of its FF91 yet again, says more money is needed to get the long-delayed Tesla competitor into production. Originally … Read more

Under ESG Investor Ideanomics, Electric Motorcycle Maker Energica Looks Just Beyond Building Bikes

Under ESG Investor Ideanomics, Electric Motorcycle Maker Energica Looks Just Beyond Building Bikes

The new Energica Experia electric motorcycle is fast, but trades away some horsepower for longer … [+] range from its large battery. Energica American ESG and electric transportation investment firm Ideanomics (IDEX) completed their purchase of Italian electric motorcycle maker Energica Motor Company late last year, and both a new motorcycle model and new expansion … Read more

Ford CEO Farley outlined plans for automaker’s electric vehicle shift

Ford CEO Farley outlined plans for automaker's electric vehicle shift

Electric vehicle batteries are in short supply, and costs for materials such as nickel and cobalt are surging. Yet legacy automaker Ford Motor says it plans to be profitably building millions of EVs a year in just four years. This week, the Detroit automaker gave investors a little more clarity about how it plans to … Read more

Plug-In Car Sales Decreated 8% In June 2022

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The European passenger car market noted a significant 17% year-over-year decrease in June, mostly due to a limited supply of new cars, but there are also some other challenges ahead related to the general economy. Unfortunately, even the plug-in car segment was down. According to EV Volumes‘ data, shared by Jose Pontes, roughly 220,000 new … Read more