There’s nothing small about the $13 billion in subsidies that Canada has promised Volkswagen to secure the automaker’s first battery plant outside of Europe, but it remains to be seen whether the deal is enough to kick start the manufacturing sector’s future. The rising sticker shock of establishing a manufacturing base for electric vehicles is,…
Cost of VW Battery Plant Subsidy Raises Questions on Necessity of Securing It
Federal Government Struggles to Get Americans to Buy EVs: Here’s How Many Are Seriously Considering It
Amid recent a federal push to drive more Americans into purchasing electric vehicles, a new poll suggests that most Americans aren’t sold on the cars. As of late March 2023, only about 4 percent of all Americans own an electric vehicle, according to a survey published by Gallup last week. Another 12 percent told the…
Biden EPA’s New Vehicle Emissions Standards Sparks Backlash From Auto Industry, Republicans
The Environmental Protection Agency’s proposed emissions standards for automobiles and trucks are raising eyebrows in the auto industry and Washington alike. “EPA’s proposed emissions plan is aggressive by any measure. By that I mean it sets automotive electrification goals in the next few years that are … very high,” John Bozzella, president and CEO of…
Biden EPA’s New Vehicle Emissions Standards Spark Backlash From Auto Industry, Republicans
The Environmental Protection Agency’s proposed emissions standards for automobiles and trucks are raising eyebrows in the auto industry and Washington alike. “EPA’s proposed emissions plan is aggressive by any measure. By that I mean it sets automotive electrification goals in the next few years that are … very high,” John Bozzella, president and CEO of…
US Electric Vehicle Tax Credits Get Tougher to Navigate
Claiming a tax credit for your electric vehicle may soon get more complicated. The Treasury Department and the Internal Revenue Service (IRS) issued the proposed guidance on March 31. They result from provisions in last year’s Schumer-Manchin bill, which some call the “Inflation Reduction Act” (IRA). The original electric vehicle tax credit, which ranged from…
PREMIERING 3 PM ET: 10 Entrepreneur Success Stories That Will Inspire You | The Larry Elder Show | EP. 143
Obviously, the entrepreneurial spirit is still alive and well in America. According to a survey from Junior Achievement USA, 60 percent of teens want to launch businesses instead of working traditional jobs. The survey also revealed that 45 percent of teens want to learn from business owners. From early pioneers to modern-day trailblazers, Forbes has…
PREMIERING NOW: 10 Entrepreneur Success Stories That Will Inspire You | The Larry Elder Show | EP. 143
Obviously, the entrepreneurial spirit is still alive and well in America. According to a survey from Junior Achievement USA, 60 percent of teens want to launch businesses instead of working traditional jobs. The survey also revealed that 45 percent of teens want to learn from business owners. From early pioneers to modern-day trailblazers, Forbes has…
10 Entrepreneur Success Stories That Will Inspire You | The Larry Elder Show | EP. 143
Obviously, the entrepreneurial spirit is still alive and well in America. According to a survey from Junior Achievement USA, 60 percent of teens want to launch businesses instead of working traditional jobs. The survey also revealed that 45 percent of teens want to learn from business owners. From early pioneers to modern-day trailblazers, Forbes has…
Turkey Forges Ahead With Domestic Electric Vehicle Brand, Imposes Heavy Tariff on China Imports
News Analysis Turkey, the transcontinental country with a budding automobile industry, has imposed a 40 percent tariff on electric vehicle imports from China. Turkish President Tayyip Erdogan had decided to impose the tariff on China, but not specifically on electric cars made in other countries, according to the country’s official announcement on March 3. Sun…
Australia’s Biggest Electric Vehicle Show Kicks Off in Sydney
More than 10,000 people are expected to visit Australia’s biggest electric car show in Sydney, where organisers will display almost every battery-powered vehicle available in the country. The Fully Charged Live Show, which will open its doors on Saturday, will also be the first venue in Australia to show off an unreleased MG hatchback that…
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