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U.S. awards $3 billion for EV battery production
Seeking to counter China, US awards $3 billion for EV battery production in 14 states
The Biden administration is awarding $3 billion to U.S. companies to boost domestic production of advanced batteries and other materials used for electric vehicles, part of a continuing push to reduce China’s global dominance in battery production.
EV Batteries With Nickel Get Boost in China After Prices Retreat
China’s electric-vehicle market is offering a tentative challenge to the shift toward batteries with no nickel or cobalt.
U.S. Awards $3 Billion for EV Battery Production to Counter China
The $3 Billion financial grants will fund 25 projects in 14 states, including election battleground states such as Michigan and North Carolina.
China, EU
Tesla and BYD Win Big as EU and China Agree to Slash EV Import Tariffs
In a significant development, the EU and China have agreed to lower tariffs on electric vehicles, benefiting Tesla and BYD. The move follows intense discussions about pricing and potential subsidies impacting the
Spain Hails China as Strategic Partner Ahead of EV Tariffs Vote
Europe needs China as a “strategic partner” in helping build the bloc’s electric vehicle industry, a top Spanish official said, echoing Prime Minister Pedro Sanchez’s position against EU plans to slap tariffs on Chinese cars.
EU, China hold 'constructive' talks on EV tariffs
Wang also spoke to businesses in the EV sector on Wednesday in Brussels after which he said China "will certainly persevere until the final moments of the consultations," as quoted in a statement by the Chinese Chamber of Commerce to the EU.
Auto News India
2h
VW targets job cuts in China to lower costs amid sales decline and EV shift
In response to a sales slump in China, Volkswagen AG plans to cut hundreds of corporate jobs and reduce costs by 20 per cent ...
20h
on MSN
Ford CEO's haunting visit to China triggered its radical EV shift
Ford executives shocked fans and skeptics by announcing radical changes to its electric vehicle strategy. In a series of ...
Digi Times
1d
Why China-based automotive manufacturers are not worried about Biden's EV trade war
The Biden Administration announced in May that it would be increasing tariff rates on China-based products including ...
2d
China Leaked Mini's EV Cooper JCW Before You're Supposed to See It
The Chinese Ministry of Industry and Information Technology (MIIT) has leaked Mini's upcoming JCW EV. The next-gen hot hatch ...
4d
Germany's Habeck calls for political solution to EV tariff dispute with China
German Economy Minister Robert Habeck called for a political solution to a dispute between the European Union and China over ...
https//carbuzz
2h
America Fights China's EV Battery Dominance With Billions Of Dollars Of Investment
They will retrofit, expand, and build new domestic facilities for battery-grade processed critical minerals, battery ...
1d
China, EU express political will to resolve differences on EV through consultations: MOFCOM
During their meeting, both sides expressed clearly their political will to resolve differences through consultations, ...
4d
on MSN
Mercedes-Benz Sells out of China EV Maker as Luxury Spending Drops
Mercedes-Benz Group sold its remaining 10% stake in premium EV and hybrid maker Denza to BYD in the wake of disappointing ...
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