BMW has begun building a battery-assembly facility at its San Luis Potosí, Mexico, plant in anticipation of production of its Neue Klasse EVs. In addition to the battery facility, BMW said in a press release that it is also expanding the body shop and making other upgrades to the site, with a total investment of 800 million euros (about
Honda promises more all-wheel-drive hybrids. Mitsubishi teases new EVs and hybrids for the U.S. And we run through why you shouldn’t need to buy EV tires as often in the future. This and more, here at Green Car Reports. Honda has confirmed that it plans to make two million EVs annually by 2030. And, as part of a presentation outlining all that it
A week after gifting Chinese electric vehicle component manufacturers billions in tax credits, President Joe Biden sought to undo that political damage by slapping tariffs on fully made Chinese electric cars. These contradicting policies won’t work economically or help Biden politically, but they do point to the commonsense way forward. Namely, an end to Biden’s […]
This article is from The Spark, MIT Technology Review’s weekly climate newsletter. To receive it in your inbox every Wednesday, sign up here. Tesla, the world’s largest EV maker, laid off its entire charging team last week. The timing of this move is absolutely baffling. We desperately need many more EV chargers to come online…
The Biden administration on Tuesday took a serious protectionist stance, revealing sweeping tariff hikes affecting $18 billion of Chinese imports, with electric vehicles and their supply chain at the core. Specifically, tariffs on electric vehicles rise from 25% to 100% this year. The hikes aren’t just on finished EVs, but on critical
The U.S. is slapping new tariffs of 100% on Chinese EVs, in a move likely to inflame trade tensions.
Today on TAP: His policies on a broad range of issues are superb. Why don’t they translate into electoral appeal?
Hybrids are having a moment.Sales of partially battery-powered vehicles, once ridiculed as a "phase" by the likes of Elon Musk, are increasing even as EVs stutter, with hybrid sales growing by 50% in the first two months of the year, while EV sales grew 13% in that time, according to research site Edmunds.The booming popularity of hybrids has benefited companies like Toyota who have hedged their bets on EVs and continued to invest in their hybrid lineups.Other auto companies are following...
The move could make Chinese imports prohibitively expensive and inflame
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WASHINGTON—The Biden administration is preparing to raise tariffs on
Chinese electric vehicles are the talk of the world—or at least that part of it that is busy trying to transition from hydrocarbons-fueled to electric transport. For the most part, that talk is worried, because after turning China into the biggest EV market in the world, local carmakers are eyeing global expansion. Now, there's one more reason to worry Chinese EV makers are squeezing out foreign brands at home, too. The Financial Times reported this week how Chinese car dealers were dropping...