Electric Mobility News

The European Union and South Korea have raised concerns about proposed U.S. tax credits for purchases of electric vehicles, saying they may discriminate against foreign-made vehicles and breach World Trade Organization (WTO) rules.

EU, South Korea Say U.S. Plan For EV Tax Breaks May Breach WTO Rules

Aug 14, 2022 05:59 PM

3 mins read

The European Union and South Korea have raised concerns about proposed U.S. tax credits for purchases of electric vehicles, saying they may discriminate against foreign-made vehicles and breach World Trade Organization (WTO) rules.

China's CATL To Build $7.6 Billion Hungary Battery Plant To Supply Mercedes, BMW

By Reuters

Aug 14, 2022 04:57 AM

China's CATL said it would build a 7.3 billion euro ($7.6 billion) battery plant in Hungary, Europe's largest so far, as the world's biggest electric vehicle battery maker gears up to meet growing demand from global automakers.

Exclusive: Ola Electric’s First Car Will Have A Range Of Over 500 Km On A Single Charge

By Mihir Barve

Aug 13, 2022 11:21 PM

Ola Electric is set to unveil its first four-wheeler EV on the occasion of the 75th Independence Day, and sources inside the company say that the electric car will boast a range of over 500 km on a single charge.

Automakers Scramble To Decode New U.S. EV Tax Credits

By Reuters

Aug 13, 2022 06:44 PM

U.S. automakers and dealers are scrambling to figure out if they can still offer $7,500 tax credits to would-be buyers of electric vehicles (EVs).

EV Startup Fisker Explores Higher Production In 2023, U.S. Manufacturing

By Reuters

Aug 13, 2022 06:41 PM

Fisker Inc said it was exploring options to manufacture in the United States in 2024 and was considering ramping up production of its first vehicle, the Ocean SUV, in the second half of 2023.

Chasing Green Goals, Corporations Push Car Fleet Managers Toward EVs

By Reuters

Aug 13, 2022 06:14 PM

Large corporations are jumping on the "green" bandwagon left and right, which in turn is pushing firms that lease and manage car fleets to convert to electric vehicles (EVs) faster than they had ever thought possible.

Miners Face Supply Chain Overhaul To Meet U.S. EV Credit Deadline

By Reuters

Aug 12, 2022 04:24 PM

Miners will struggle to expand operations in the United States in record time to meet a deadline for sourcing key minerals domestically or from select countries as set out by a bill likely to be passed.