Tag #Electric Vehicles

Showing 181 to 192 of 982 results

forbes.com

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May 9, 01:17

Trump's Tax Package Faces Scrutiny in House Review

The House Ways and Means Committee is reviewing President Trump's tax package, proposing a $10,000 overtime pay exclusion, SALT cap adjustments, and potential elimination of personal EV tax credits, facing political challenges and significant budgetary implications.

Trump's Tax Package Faces Scrutiny in House Review

The House Ways and Means Committee is reviewing President Trump's tax package, proposing a $10,000 overtime pay exclusion, SALT cap adjustments, and potential elimination of personal EV tax credits, facing political challenges and significant budgetary implications.

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Reduced Inequality

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How do the political dynamics within the House of Representatives, particularly the divisions among Republicans, shape the prospects for passage of the proposed tax changes?

The proposed overtime pay exclusion is designed to benefit middle- and lower-income workers, while the SALT cap adjustments aim to address concerns raised by high-tax states. Eliminating the EV credit reflects a potential shift in government priorities regarding climate initiatives and the allocation of financial resources. The ultimate outcome depends on negotiations and compromises within the House.

welt.de

🌐 75% Global Worthiness

May 9, 07:19

Germany Expands Electric Vehicle Fast-Charging Network on Highways

Thirty-four new fast-charging points for electric vehicles are being installed at seven highway rest areas in North Rhine-Westphalia, Germany, as part of a plan to build 200 charging parks with 1000 connections by 2026, ultimately aiming for 4000, addressing range anxiety and improving upon current ...

Germany Expands Electric Vehicle Fast-Charging Network on Highways

Thirty-four new fast-charging points for electric vehicles are being installed at seven highway rest areas in North Rhine-Westphalia, Germany, as part of a plan to build 200 charging parks with 1000 connections by 2026, ultimately aiming for 4000, addressing range anxiety and improving upon current ...

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Affordable and Clean Energy

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What is the immediate impact of the new fast-charging stations on the A3 near Rees and on plans for nationwide expansion?

In North Rhine-Westphalia, Germany, 34 fast-charging stations for electric vehicles are being built at seven highway rest stops. The first location, at the Helderloh rest stop on the A3 near Rees, now has eight 400-kilowatt charging points operational, allowing for a 300-500 kilometer range charge in about 10 minutes for a mid-size car. This is part of a larger plan to add 200 charging parks with about 1000 connection points by 2026, eventually reaching 4000.

abcnews.go.com

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May 8, 04:12

17 States Sue Trump Administration Over $3.3 Billion in EV Charger Funding

Seventeen states are suing the Trump administration for blocking $3.3 billion in funding for electric vehicle chargers, allocated under the Bipartisan Infrastructure Law, arguing Congress holds that authority; the administration's action is part of a broader effort to roll back environmental policie...

17 States Sue Trump Administration Over $3.3 Billion in EV Charger Funding

Seventeen states are suing the Trump administration for blocking $3.3 billion in funding for electric vehicle chargers, allocated under the Bipartisan Infrastructure Law, arguing Congress holds that authority; the administration's action is part of a broader effort to roll back environmental policie...

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Climate Action

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What is the immediate impact of the Trump administration's decision to withhold EV charger funding?

Seventeen states are suing the Trump administration for blocking $3.3 billion in funding for electric vehicle (EV) chargers, allocated under the Bipartisan Infrastructure Law. This follows the administration's February directive to halt spending on the program, which aimed to distribute $5 billion over five years. The lawsuit argues that Congress, not the administration, has the authority to control these funds.

welt.de

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May 8, 13:19

Amperfied's Modular DC Fast-Charging System Aims to Solve Urban EV Charging Challenges in Germany

Due to the lack of sufficient fast-charging infrastructure, businesses in Munich and other German cities largely rely on combustion-engine vehicles despite a projected surge in electric vehicle demand. Amperfied, a Heidelberg-based company, offers a modular DC fast-charging system to address this, a...

Amperfied's Modular DC Fast-Charging System Aims to Solve Urban EV Charging Challenges in Germany

Due to the lack of sufficient fast-charging infrastructure, businesses in Munich and other German cities largely rely on combustion-engine vehicles despite a projected surge in electric vehicle demand. Amperfied, a Heidelberg-based company, offers a modular DC fast-charging system to address this, a...

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Affordable and Clean Energy

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What are the primary obstacles preventing the wider adoption of electric vehicle fleets in German cities, and what are the immediate consequences?

In Munich, businesses heavily reliant on vehicle fleets, such as care services and delivery companies, primarily use combustion engine vehicles due to the insufficient availability of fast-charging infrastructure for electric vehicles (EVs). The lack of quick and affordable EV charging in city centers hinders the widespread adoption of electric fleets, despite a projected surge in electric vehicle demand in Germany.

abcnews.go.com

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May 8, 13:20

Toyota's Record Sales Tarnished by Scandal-Driven Profit Drop

Toyota reported record annual sales of $333.6 billion but a drop in quarterly profit to $4.6 billion due to a certification scandal involving fraudulent testing, which the company says didn't compromise vehicle safety.

Toyota's Record Sales Tarnished by Scandal-Driven Profit Drop

Toyota reported record annual sales of $333.6 billion but a drop in quarterly profit to $4.6 billion due to a certification scandal involving fraudulent testing, which the company says didn't compromise vehicle safety.

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Responsible Consumption and Production

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What specific fraudulent testing practices were involved in the scandal, and what measures is Toyota taking to prevent future occurrences?

The scandal, involving improper crash, airbag, and engine testing, impacted Toyota's Q4 2024 profit. This contrasts with record annual sales, highlighting the significant financial consequences of ethical lapses even for a profitable company like Toyota. The company is forecasting sales growth to $337 billion by March 2026, but the profit projection is less optimistic due to carbon neutrality costs and US tariffs.

spanish.china.org.cn

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May 7, 13:17

Tesla Leverages China's Manufacturing Prowess Amidst European Sales Decline

Tesla's Shanghai Gigafactory sources over 95% of its Model 3 and Model Y parts locally, boosting its March sales in China by 18.8% year-on-year to 74,127 units (7.5% market share), countering recent European sales drops.

Tesla Leverages China's Manufacturing Prowess Amidst European Sales Decline

Tesla's Shanghai Gigafactory sources over 95% of its Model 3 and Model Y parts locally, boosting its March sales in China by 18.8% year-on-year to 74,127 units (7.5% market share), countering recent European sales drops.

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Decent Work and Economic Growth

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How do Tesla's sales promotions and the utilization of localized supply chains in China impact its global production strategy and competitiveness?

Facing decreased sales in Europe (UK down 62%, Germany down 46% year-on-year in April), Tesla emphasizes its reliance on China's manufacturing prowess and robust industrial chain. March sales in China reached 74,127 units, an 18.8% year-on-year increase, securing a 7.5% market share—its highest since April 2024.

dailymail.co.uk

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May 9, 07:19

Trump Tariffs: Billions in Costs for Ford, GM; Boon for Lucid

President Trump's 25% automotive tariffs are forcing US carmakers like Ford and GM to absorb billions in costs annually, leading to price increases for consumers; however, the tariffs are creating manufacturing opportunities for companies like Lucid.

Trump Tariffs: Billions in Costs for Ford, GM; Boon for Lucid

President Trump's 25% automotive tariffs are forcing US carmakers like Ford and GM to absorb billions in costs annually, leading to price increases for consumers; however, the tariffs are creating manufacturing opportunities for companies like Lucid.

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Decent Work and Economic Growth

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How are the tariffs affecting the manufacturing strategies and financial projections of US car companies?

The tariffs are forcing automakers to re-evaluate manufacturing strategies. Companies like Ford and GM are absorbing some costs but will also increase prices, impacting consumers. Conversely, Lucid, an electric vehicle manufacturer, is benefiting from increased inquiries for its Arizona factory, highlighting the uneven impact of the tariffs.

sueddeutsche.de

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May 8, 22:14

EU Eases Auto Emission Rules, Sparing Industry Heavy Fines

The European Union eased its fleet emission standards for automobiles from 2025 to 2029, reducing the financial burden on manufacturers, particularly Volkswagen, while facing criticism from environmental groups for potentially weakening its Green Deal objectives. The decision followed a strategic di...

EU Eases Auto Emission Rules, Sparing Industry Heavy Fines

The European Union eased its fleet emission standards for automobiles from 2025 to 2029, reducing the financial burden on manufacturers, particularly Volkswagen, while facing criticism from environmental groups for potentially weakening its Green Deal objectives. The decision followed a strategic di...

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Climate Action

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What are the potential long-term consequences of this decision for the EU's Green Deal and its competitiveness in the global automotive market?

This decision highlights the complex interplay between environmental regulations, economic pressures, and political influence within the EU. While hailed as a success by some, critics argue it weakens the Green Deal, potentially delaying the transition to electric vehicles and hindering Europe's competitiveness against China. Future legislative changes, such as proposed adjustments to the 2035 combustion engine ban, will likely reflect this ongoing tension.

zeit.de

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May 8, 13:20

EU Grants Automakers Three-Year Extension on CO2 Emission Limits

The European Parliament voted to grant automakers a three-year extension to meet stricter EU CO2 emission limits, delaying penalties due to slower-than-expected electric vehicle sales and various industry challenges, while acknowledging concerns about potential increases in overall CO2 emissions.

EU Grants Automakers Three-Year Extension on CO2 Emission Limits

The European Parliament voted to grant automakers a three-year extension to meet stricter EU CO2 emission limits, delaying penalties due to slower-than-expected electric vehicle sales and various industry challenges, while acknowledging concerns about potential increases in overall CO2 emissions.

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Climate Action

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What are the immediate consequences of the European Parliament's decision to postpone penalties for automakers exceeding CO2 emission limits?

The European Parliament approved a three-year grace period for automakers to meet EU climate targets, delaying penalties for exceeding CO2 emission limits. This follows a similar decision by EU member states, responding to slower-than-expected e-car sales and challenges in meeting stricter 2025 emission standards. The delay allows companies to offset exceeding limits in one year by underperforming in subsequent years.

welt.de

🌐 75% Global Worthiness

May 8, 13:19

Reduced Demand Challenges Saxony's Automotive Industry Despite E-Mobility Success at VW Zwickau

Representatives from politics and business met in Zwickau to discuss the challenges of the automotive industry in Saxony, focusing on securing the future of industrial value creation in the state, with the VW plant in Zwickau being particularly affected by decreased demand for electric vehicles desp...

Reduced Demand Challenges Saxony's Automotive Industry Despite E-Mobility Success at VW Zwickau

Representatives from politics and business met in Zwickau to discuss the challenges of the automotive industry in Saxony, focusing on securing the future of industrial value creation in the state, with the VW plant in Zwickau being particularly affected by decreased demand for electric vehicles desp...

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Decent Work and Economic Growth

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How do the challenges faced by the Saxon automotive industry reflect broader trends in the German and global automotive market?

Saxon automotive production, a top-5 German location employing 95,000 and contributing significantly to industrial turnover (28.6%) and export (39.7%), faces challenges from reduced combustion engine demand affecting even its e-mobility leader, Zwickau. This highlights the complex transition and market uncertainties impacting the industry.

forbes.com

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May 7, 13:17

Polytron Enters Indonesia's EV Market with New SUVs

Indonesian home appliances maker Polytron, backed by billionaires R. Budi and Michael Hartono, launched two electric SUVs, the G3 and G3+, in partnership with Skyworth Automobile, aiming to produce 10,000 units over three years, capitalizing on Indonesia's 152% surge in EV sales in 2022.

Polytron Enters Indonesia's EV Market with New SUVs

Indonesian home appliances maker Polytron, backed by billionaires R. Budi and Michael Hartono, launched two electric SUVs, the G3 and G3+, in partnership with Skyworth Automobile, aiming to produce 10,000 units over three years, capitalizing on Indonesia's 152% surge in EV sales in 2022.

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Industry, Innovation, and Infrastructure

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What is the significance of Polytron's entry into Indonesia's EV market, given the existing competition and recent growth trends?

Polytron, a home appliances maker, is entering Indonesia's automotive market with two electric SUVs, the G3 and G3+, priced between $18,166 and $27,800. The company aims to produce 10,000 units over three years, partnering with Chinese EV maker Skyworth Automobile. This move capitalizes on Indonesia's surging EV demand, which saw a 152% increase in 2022.

english.kyodonews.net

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May 7, 16:14

Mitsubishi Partners with Foxconn for EV Production, Signaling Shift in Japanese Auto Industry

Mitsubishi Motors announced a deal with Foxconn to launch EVs in Australia and New Zealand in late 2024, manufactured in Taiwan by Yulon Motor, marking a notable shift for the traditionally insular Japanese auto industry and setting up a potential future impact on collaborations in EV manufacturing ...

Mitsubishi Partners with Foxconn for EV Production, Signaling Shift in Japanese Auto Industry

Mitsubishi Motors announced a deal with Foxconn to launch EVs in Australia and New Zealand in late 2024, manufactured in Taiwan by Yulon Motor, marking a notable shift for the traditionally insular Japanese auto industry and setting up a potential future impact on collaborations in EV manufacturing ...

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Industry, Innovation, and Infrastructure

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What is the significance of Mitsubishi Motors' partnership with Foxconn for the Japanese automotive industry?

Mitsubishi Motors will launch electric vehicles (EVs) in Australia and New Zealand by the second half of 2024, manufactured by Foxconn's Foxtron Vehicle Technologies in Taiwan. This marks a significant departure for the Japanese auto industry, traditionally resistant to outsourcing manufacturing outside the traditional sector. Further, Mitsubishi will introduce new EVs in North America by late 2026, supplied by Nissan.

Showing 181 to 192 of 982 results