LG Energy Solution will now solely own a factory in Michigan that it had planned to operate through a joint venture with General Motors.
Category: Electric and Hybrid Vehicles
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Stellantis and Samsung Will Get $7 Billion to Build Battery Factories
The loan, from the Biden administration, was designed to withstand Republican attacks and will be used to make electric-car batteries in Indiana.
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BYD and Rivals in China Tell Suppliers to Cut Costs Amid Price War
China’s electric vehicle market is the world’s largest — and also its most cutthroat, with dozens of brands jostling for position.
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Yes, It ‘Looks Like a Duck,’ but Carriers Like the New Mail Truck
The electric trucks have a side cargo door, more space and, critically, air conditioning, promising some long-overdue relief for carriers, who haven’t had an upgrade since the 1980s.
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EV Projects to Get $13 Billion in Federal Loans
The financing for a factory in Georgia is part of a last-minute effort to establish climate policies before President-elect Donald J. Trump takes office.
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How Trump Could Upend Electric Car Sales
Fewer people will be able to afford electric cars and trucks if President-elect Donald J. Trump and Republicans in Congress eliminate a $7,500 federal tax credit.
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What Elon Musk Needs From China
From electric cars to solar panels, Mr. Musk has built businesses in high-tech manufacturing sectors now targeted by Beijing for Chinese dominance.
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Northvolt, Europe’s Hope for a Battery Champion, Files for Bankruptcy
The company’s woes are symptomatic of a wider malaise among companies that make batteries for electric vehicles.
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Automakers Want Trump to Keep Federal E.V. Regulations in Place
Donald J. Trump promised to erase Biden tailpipe rules that are designed to get carmakers to produce E.V.s. But Detroit wants to keep them.
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Ford to Cut 4,000 Jobs in Europe as Electric Vehicle Sales Slow
The American automaker said the cost-cutting measure would help it compete with Chinese rivals in the face of slowing demand for electric vehicles.
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Installing E.V. Chargers is Finally Paying Off for Retailers
Companies see charging as a potentially profitable business in and of itself, not just as a spur for foot traffic and sales.