Tag #Electric Vehicles

sueddeutsche.de
🌐 75% Global Worthiness
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Germany Proposes New Electric Vehicle Subsidies

Germany's electric vehicle sales slumped 22% year-on-year in November. The Ministry of Economics' new plan proposes income-based tax incentives for EV purchases, a €1000 charging credit, and a social leasing model, but its implementation is uncertain due to upcoming elections.

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44% Bias Score

Affordable and Clean Energy
usa.chinadaily.com.cn
🌐 85% Global Worthiness
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Stellantis and CATL to Build €4.1 Billion EV Battery Plant in Spain

Stellantis and CATL announced a €4.1 billion investment in a Spanish LFP battery plant, starting production by late 2026 with a capacity to power 700,000 EVs daily, boosting Stellantis' European EV production and affordability, and marking CATL's continued European expansion.

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52% Bias Score

Affordable and Clean Energy
apnews.com
🌐 85% Global Worthiness
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"Child Labor Fuels Nigeria's Lithium Boom"

"The surging global demand for lithium used in electric vehicle batteries has exposed the dark side of Nigeria's mining industry, where children as young as 5 are exploited in dangerous, illegal mines, often selling their ore to Chinese companies with little to no oversight."

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36% Bias Score

No Poverty
welt.de
🌐 75% Global Worthiness
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"Germany Unveils €1000 EV Charging Credit and Tax Breaks to Boost Electric Vehicle Market"

"Germany's Economy Minister Robert Habeck proposes a comprehensive package to accelerate the country's electric vehicle (EV) market, including a €1000 charging credit, tax breaks for low-to-middle-income EV buyers, subsidies for used EV battery checks, and exploration of social leasing models, aimin...

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36% Bias Score

Affordable and Clean Energy
elmundo.es
🌐 85% Global Worthiness
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Stellantis and CATL to build Spain's largest electric vehicle battery factory

Stellantis and CATL will invest €4.1 billion in a battery gigafactory in Zaragoza, Spain, creating the country's largest such facility with a potential annual output of batteries for around 1 million electric vehicles. This decision follows recent EU-China trade tensions and strengthens Spain's posi...

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64% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
🌐 85% Global Worthiness
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EV Depreciation Creates Leasing Crisis

A dramatic fall in used electric vehicle values is creating a 'car leasing crisis', forcing companies to extend contracts and potentially hike monthly payments for customers due to a lack of public appetite for second-hand models, impacting both drivers and car makers.

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52% Bias Score

Responsible Consumption and Production
forbes.com
🌐 85% Global Worthiness
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Northvolt Bankruptcy Highlights Europe's Clean Energy Challenges

Northvolt's bankruptcy, despite securing $15 billion in funding and $50 billion in orders, exposes Europe's struggle to compete with Asia in clean energy due to high costs, fragmented policies, and inconsistent government support; this serves as a warning for the U.S.

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32% Bias Score

Industry, Innovation, and Infrastructure
africa.chinadaily.com.cn
🌐 85% Global Worthiness
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Stellantis and CATL to Build €4.1 Billion EV Battery Plant in Spain

Stellantis and CATL announced a €4.1 billion investment in a Spanish LFP battery plant, starting production by late 2026 with a capacity to power 700,000 electric vehicles daily, boosting Stellantis' European EV offerings and reflecting global EV battery market trends.

Progress

44% Bias Score

Affordable and Clean Energy
abcnews.go.com
🌐 85% Global Worthiness
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"Child Labor Fuels Nigeria's Lithium Boom"

"Driven by soaring global demand for electric vehicle batteries, Nigeria's unregulated lithium mining industry uses child labor, with children as young as five working in dangerous conditions for minimal pay in illegal mines near Abuja; a Chinese company was observed buying lithium without questioni...

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48% Bias Score

No Poverty
smh.com.au
🌐 90% Global Worthiness
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China's EV Dominance Triggers Global Auto Industry Crisis

The global auto industry is in crisis, with legacy carmakers like GM, Nissan, and Stellantis struggling against China's rapidly expanding and cost-effective EV sector, resulting in significant write-downs, plant closures, and job losses.

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44% Bias Score

Industry, Innovation, and Infrastructure
elmundo.es
🌐 85% Global Worthiness
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"Spain's Automotive Industry: Maintaining Global Competitiveness in 2023"

"Spain's automotive sector produced 2.21 million vehicles in 2023, ranking second in Europe and ninth globally, with nearly 90% of production exported, mainly to Europe, showcasing high quality and competitiveness."

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40% Bias Score

Decent Work and Economic Growth
cnbc.com
🌐 85% Global Worthiness
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European Automakers Face Crisis Amidst Electrification Lag and Chinese Competition

The European automobile industry is facing a crisis due to lagging electrification, fierce competition from China, and stringent new EU carbon emission regulations, resulting in plummeting stock prices and calls for regulatory relief.

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44% Bias Score

Climate Action