Tuesday, 10 December 2024
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David Shepardson

FILE PHOTO: The new GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, U.S., March 16, 2021. REUTERS/Rebecca Cook/File Photo
BusinessElectric Vehicles (EVs)News

GM to sell its stake in Michigan battery plant to LG Energy Solution

GM to sell Lansing battery plant stake to LG, trims EV plans amid slow market growth and shifts in production strategy.

FILE PHOTO: A view shows the logo of Stellantis at the entrance of the company's factory in Hordain, France, July 7, 2021. REUTERS/Pascal Rossignol/File Photo
BusinessCritical MineralsEconomyElectric Vehicles (EVs)IndustryNewsRegulationsSemiconductor

US proposes $7.54 billion loan to Stellantis, Samsung SDI battery joint venture

The U.S. Energy Department plans a $7.54 billion loan to Stellantis and Samsung SDI for two EV battery plants in Indiana.

FILE PHOTO: A general view of the Ramos Arizpe plant of General Motors, which exports vehicles to the U.S. and Canada, in Ramos Arizpe, Coahuila state, Mexico November 2, 2024. REUTERS/Daniel Becerril/ File Photo
AnalysisAutomotiveBusinessEconomyElectric Vehicles (EVs)PoliticsRegulationsTrade

Analysis: GM and other US automakers would take big hit from Trump tariffs

Trump's proposed 25 per cent import tax on Mexico and Canada could hurt U.S. automakers, raise vehicle prices, and harm consumers.

FILE PHOTO: A Volkswagen ID.4 electric vehicle (EV) charges at an EV charging station inside a parking garage owned by the City of Baltimore, in Baltimore, Maryland, U.S., March 23, 2023. REUTERS/Bing Guan/File Photo
BusinessEconomyElectric Vehicles (EVs)IndustryLegislationManufacturingNewsRegulations

Automakers urge Trump to preserve EV tax credits, boost self-driving cars

Automakers urge Trump to retain EV tax credits, ease emissions rules, and support self-driving tech amid rising competition from China.

FILE PHOTO: A view of an automated transport system in the clean room of U.S. chipmaker GlobalFoundries' new fabrication plant in Singapore September 12, 2023. REUTERS/Edgar Su/File photo
BusinessEconomyElectric Vehicles (EVs)IndustryNewsSemiconductor

US finalizes $1.5 billion chips award for GlobalFoundries to expand production

GlobalFoundries secures $1.5B U.S. subsidy to expand semiconductor production in New York and Vermont, boosting chip supply chains.

FILE PHOTO: New vehicles are seen at a parking lot in the Port of Richmond, at the bay of San Francisco, California June 8, 2023. REUTERS/Carlos Barria/File Photo
AutomotiveElectric Vehicles (EVs)NewsPoliticsRegulations

US senators push auto safety agency to finalize vehicle rules

Democratic senators press NHTSA to act swiftly on overdue safety rules as U.S. traffic deaths remain above pre-pandemic levels.

FILE PHOTO: A Volvo logo is pictured in Brussels, Belgium March 4, 2024. REUTERS/Yves Herman/File Photo
AutomotiveBusinessCourtsElectric Vehicles (EVs)LegislationNewsPoliticsRegulationsTransport

Nebraska files antitrust lawsuit against heavy-duty truck makers over EV push

Nebraska AG sues top truck makers, alleging collusion to phase out diesel semis in favor of electric trucks to meet California rules.

FILE PHOTO: Workers assemble second-generation R1 vehicles at electric auto maker Rivian's manufacturing facility in Normal, Illinois, U.S. June 21, 2024.  REUTERS/Joel Angel Juarez/File Photo
BusinessElectric Vehicles (EVs)ManufacturingNewsPoliticsRegulations

EV companies, battery makers urge Trump not to kill vehicle tax credits

Major EV manufacturers urge Trump to retain tax credits, warning cuts could hurt jobs in key states like Ohio and Michigan.

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