Tag #Electric Vehicles

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theglobeandmail.com

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Jul 3, 04:11

Canadian Automakers Seek Repeal of Zero-Emission Vehicle Mandate

Canadian auto CEOs urged Prime Minister Carney to repeal a federal regulation requiring 20% of vehicle sales to be zero-emission by 2026, citing decreased EV sales and the Canada-U.S. trade war as reasons for the mandate's infeasibility.

Canadian Automakers Seek Repeal of Zero-Emission Vehicle Mandate

Canadian auto CEOs urged Prime Minister Carney to repeal a federal regulation requiring 20% of vehicle sales to be zero-emission by 2026, citing decreased EV sales and the Canada-U.S. trade war as reasons for the mandate's infeasibility.

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How do the Canada-U.S. trade tensions impact the feasibility of Canada's zero-emission vehicle targets?

The automakers' plea highlights the conflict between government environmental policy and economic realities within the Canadian auto industry. Weakened demand for EVs, partly due to the removal of federal incentives and the ongoing trade dispute with the U.S., creates significant challenges to meeting the zero-emission mandate. The potential for production cuts and credit purchases adds further economic strain.

edition.cnn.com

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Jul 2, 13:18

Tesla Sales Plummet Amidst Musk's Political Feud

Tesla's sales are plummeting due to increased EV market competition and CEO Elon Musk's controversial political actions, leading to a 71% drop in net income in Q1 and a projected 13% sales decline in Q2, further jeopardized by potential loss of regulatory credits.

Tesla Sales Plummet Amidst Musk's Political Feud

Tesla's sales are plummeting due to increased EV market competition and CEO Elon Musk's controversial political actions, leading to a 71% drop in net income in Q1 and a projected 13% sales decline in Q2, further jeopardized by potential loss of regulatory credits.

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Decent Work and Economic Growth

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How does Elon Musk's political involvement specifically affect Tesla's performance and market position?

Musk's public disputes, particularly his recent feud with President Trump, further undermine investor confidence in Tesla's leadership and negatively impact the company's sales. Analysts like Dan Ives express concern, noting that Musk's political involvement is detrimental to Tesla's image and sales.

euronews.com

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Jul 2, 13:18

EU urged to boost EV battery production amid foreign competition

Verkor CEO Benoit Lemaignan urges the EU to bolster its EV battery sector, citing unfair competition from Asia and advocating for localized production or border taxes to counteract the current imbalance where South Korean firms account for 74% of Europe's EV battery manufacturing capacity, compared ...

EU urged to boost EV battery production amid foreign competition

Verkor CEO Benoit Lemaignan urges the EU to bolster its EV battery sector, citing unfair competition from Asia and advocating for localized production or border taxes to counteract the current imbalance where South Korean firms account for 74% of Europe's EV battery manufacturing capacity, compared ...

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Industry, Innovation, and Infrastructure

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What are the key challenges facing the EU's electric vehicle battery industry, and how might they be addressed?

Verkor CEO Benoit Lemaignan advocates for increased EU support for electric vehicle (EV) battery manufacturers, citing unfair competition from foreign firms. He emphasizes the need for localized production or border taxes to level the playing field. Verkor, a French firm, recently secured over €2 billion in funding for a gigafactory.

welt.de

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Jul 2, 13:18

Hyundai's Rise to European Automotive Leadership"

Hyundai, once overlooked, is now Europe's leading Asian car import brand, driven by adaptation and a focus on the European market, aiming for top import spot in 5-10 years with new B-segment models and electrification strategies.

Hyundai's Rise to European Automotive Leadership"

Hyundai, once overlooked, is now Europe's leading Asian car import brand, driven by adaptation and a focus on the European market, aiming for top import spot in 5-10 years with new B-segment models and electrification strategies.

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What is Hyundai's current market position in Europe, and how has it achieved this success given its past challenges?

Hyundai, initially underestimated, is now the world's third-largest automaker and Europe's top Asian import brand. Its success stems from adapting to market demands, evident in its European development center and localized production, with nearly 80 percent of European sales originating from within Europe.",

cincodias.elpais.com

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Jul 1, 16:15

Record Electric Car Sales in Spain: 11,334 Units Sold in June 2024

Spain's June 2024 electric car sales reached a record 11,334 units, a 104% increase year-on-year, driven by government incentives under the Plan Reinicia Auto+, contributing to a 15% rise in total car sales to 119,000 units and marking the sector's best month this year.

Record Electric Car Sales in Spain: 11,334 Units Sold in June 2024

Spain's June 2024 electric car sales reached a record 11,334 units, a 104% increase year-on-year, driven by government incentives under the Plan Reinicia Auto+, contributing to a 15% rise in total car sales to 119,000 units and marking the sector's best month this year.

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What is the impact of government incentives on electric vehicle sales in Spain, and what are the immediate consequences of this increase?

In June 2024, Spain saw a record-breaking 11,334 electric car sales, a 104% increase from the previous year. This surge, driven by government incentives, contributed to the best month of the year for overall car sales, reaching 119,000 units.", A2="The increase in electric vehicle sales is part of a broader trend of rising car sales in Spain, boosted by government incentives and increased consumer spending. The success of the Plan Reinicia Auto+ program, particularly in the Valencia region, is highlighted as a key factor. However, the automotive sector is seeking greater and more long-term financial support to sustain this growth.", A3="While June's sales figures are encouraging, concerns remain about the sustainability of this momentum due to potential delays in aid disbursement from programs like MOVES III. The long-term success of the electric vehicle market in Spain depends on the continued availability of government subsidies and the timely processing of applications. The sector aims to reach 1.1 million sales by year-end, but this depends on maintaining the current sales rate and securing additional funding.", Q1="What is the impact of government incentives on electric vehicle sales in Spain, and what are the immediate consequences of this increase?", Q2="How did regional variations in sales (e.g., Valencia, Catalonia, Madrid) contribute to the overall national sales figures, and what factors explain these differences?", Q3="What are the potential long-term challenges and opportunities for the Spanish automotive sector, considering the current reliance on government incentives and the ongoing need for funds?", ShortDescription="Spain's June 2024 electric car sales reached a record 11,334 units, a 104% increase year-on-year, driven by government incentives under the Plan Reinicia Auto+, contributing to a 15% rise in total car sales to 119,000 units and marking the sector's best month this year.", ShortTitle="Record Electric Car Sales in Spain: 11,334 Units Sold in June 2024"))

euronews.com

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Jun 27, 10:15

Gothenburg's Wireless EV Charging Pilot: A Successful Test for Sustainable Urban Transport

Gothenburg's three-year pilot program successfully tested wireless charging for 20 Volvo electric taxis, covering 4.3 million kilometers and supplying 13.5% of their energy needs, showcasing a potential solution for urban emission reduction goals.

Gothenburg's Wireless EV Charging Pilot: A Successful Test for Sustainable Urban Transport

Gothenburg's three-year pilot program successfully tested wireless charging for 20 Volvo electric taxis, covering 4.3 million kilometers and supplying 13.5% of their energy needs, showcasing a potential solution for urban emission reduction goals.

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Affordable and Clean Energy

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How did the Gothenburg 'Green City Zone' initiative contribute to the successful implementation and scalability of the wireless charging technology?

This Gothenburg initiative, part of a broader 'Green City Zone' project, demonstrates the feasibility of wireless charging for electric vehicle fleets. The success, despite limitations in initial usability, suggests potential for wider adoption in supporting the EU's 2035 zero-emission vehicle mandate. The project's scalability is highlighted by Volvo, emphasizing collaboration between cities and manufacturers.

us.cnn.com

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Jul 2, 16:14

Tesla Sales Plummet Amidst Musk's Political Feud

Tesla's second-quarter sales are projected to fall 13% year-over-year to 387,000 deliveries, driven by increased EV market competition and CEO Elon Musk's controversial political stances, which have damaged the company's image and investor confidence, particularly due to his feud with President Trum...

Tesla Sales Plummet Amidst Musk's Political Feud

Tesla's second-quarter sales are projected to fall 13% year-over-year to 387,000 deliveries, driven by increased EV market competition and CEO Elon Musk's controversial political stances, which have damaged the company's image and investor confidence, particularly due to his feud with President Trum...

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Decent Work and Economic Growth

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What is the primary cause of Tesla's declining sales and how does it impact the company's financial outlook?

Tesla is experiencing declining global sales, expected to show a 13% decrease in the April-June period compared to the previous year, resulting in approximately 387,000 deliveries. This follows a 71% drop in net income during the first quarter and raises concerns about the company's financial stability.

abcnews.go.com

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Jul 2, 07:13

Trump Threatens to Deport Musk After Spending Bill Criticism

President Trump threatened to deport Elon Musk after Musk criticized a spending bill that increased the debt ceiling by $5 trillion and eliminated an electric vehicle mandate, escalating a feud between the two despite Musk's prior financial support of Trump's campaign.

Trump Threatens to Deport Musk After Spending Bill Criticism

President Trump threatened to deport Elon Musk after Musk criticized a spending bill that increased the debt ceiling by $5 trillion and eliminated an electric vehicle mandate, escalating a feud between the two despite Musk's prior financial support of Trump's campaign.

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Reduced Inequality

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What are the immediate consequences of President Trump's threat to deport Elon Musk?

President Trump threatened to deport Elon Musk after Musk criticized the "Big Beautiful Bill," which increases the debt ceiling by $5 trillion. Musk, a naturalized U.S. citizen, responded on X, saying it was "so tempting to escalate." Trump later clarified his threat was linked to Musk's opposition to the bill's elimination of the electric vehicle mandate.

forbes.com

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Jul 2, 16:14

Tesla Stock Rallies Despite Disappointing Deliveries

Tesla's stock surprisingly surged despite Q2 vehicle deliveries missing forecasts, exceeding only the most bearish predictions; this follows Elon Musk's public feud with Donald Trump, amidst a 13% year-over-year delivery decline from 2023's record first half and Musk's direct takeover of US and Euro...

Tesla Stock Rallies Despite Disappointing Deliveries

Tesla's stock surprisingly surged despite Q2 vehicle deliveries missing forecasts, exceeding only the most bearish predictions; this follows Elon Musk's public feud with Donald Trump, amidst a 13% year-over-year delivery decline from 2023's record first half and Musk's direct takeover of US and Euro...

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Responsible Consumption and Production

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How do Elon Musk's recent political controversies and public image affect Tesla's sales and market performance, and what specific evidence supports this correlation?

The positive market response to Tesla's worse-than-expected deliveries highlights the complex interplay between financial performance and investor sentiment. While delivery numbers decreased 13% year-over-year from the record first half of 2023, exceeding the lowest projections mitigated potential negative impacts on investor confidence. This underscores the significant role of Elon Musk's public image and political stances in shaping Tesla's market valuation.

cincodias.elpais.com

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Jul 1, 13:16

Trump-Musk Feud Tanks Tesla Stock Amidst Sales Slump and Subsidy Cuts

President Trump's threat to review federal aid to Tesla following a public clash with Elon Musk caused a 5% drop in Tesla's stock futures; this comes as Tesla's Q1 sales fell 13%, and the Senate considers cutting electric vehicle subsidies.

Trump-Musk Feud Tanks Tesla Stock Amidst Sales Slump and Subsidy Cuts

President Trump's threat to review federal aid to Tesla following a public clash with Elon Musk caused a 5% drop in Tesla's stock futures; this comes as Tesla's Q1 sales fell 13%, and the Senate considers cutting electric vehicle subsidies.

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What are the immediate consequences of the Trump-Musk dispute on Tesla's stock and operations?

Tesla's stock is down 5% after President Trump threatened to review federal aid to Musk's companies, following a public dispute over US fiscal policy. Trump claims Musk received excessive subsidies and suggested an investigation into the funding. Musk responded by criticizing proposed cuts to electric vehicle subsidies, calling them "incredibly destructive.

motor.elpais.com

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Jun 30, 16:16

Nissan Qashqai's e-POWER Upgrade: 1200km Range, Enhanced Efficiency

Nissan's upgraded e-POWER system in the Qashqai achieves a 1200km range with 4.5l/100km fuel consumption, offering a 16% fuel saving and 12% lower CO2 emissions compared to its predecessor, showcasing a refined, efficient range-extending EV technology.

Nissan Qashqai's e-POWER Upgrade: 1200km Range, Enhanced Efficiency

Nissan's upgraded e-POWER system in the Qashqai achieves a 1200km range with 4.5l/100km fuel consumption, offering a 16% fuel saving and 12% lower CO2 emissions compared to its predecessor, showcasing a refined, efficient range-extending EV technology.

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What are the key improvements in Nissan's e-POWER system, and what is their impact on fuel efficiency and range?

Nissan's enhanced e-POWER system, featured in the Qashqai, boasts a 1200km range and fuel efficiency of 4.5 liters/100km. This translates to a 16% fuel saving in real-world driving compared to the previous generation, achieved by using a gasoline engine as a generator for an electric motor.

cincodias.elpais.com

🌐 85% Global Worthiness

Jun 26, 16:15

Xiaomi's Electric SUV Drives Stock to Record Highs

Xiaomi, a Chinese multinational, unveiled its first electric SUV, the YU7, on Thursday, boosting its stock price 64% this year to near-record highs in Hong Kong; the company aims for 350,000 vehicle deliveries in 2025.

Xiaomi's Electric SUV Drives Stock to Record Highs

Xiaomi, a Chinese multinational, unveiled its first electric SUV, the YU7, on Thursday, boosting its stock price 64% this year to near-record highs in Hong Kong; the company aims for 350,000 vehicle deliveries in 2025.

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What is the primary driver of Xiaomi's stock price surge and its significant global implications?

Xiaomi's stock price has surged 64% this year, nearing a record high in Hong Kong, after the company unveiled its first electric SUV, the YU7. This follows a tripling of its stock price over the last 12 months, exceeding its peer index. The company is now valued at nearly $187 billion.

Showing 1 to 12 of 980 results