Friday, 14 February 2025

Focus on Alliance for Automotive Innovation

FILE PHOTO: A worker cleans a vehicle made by Chinese automobile maker GAC at the company's display during the North American International Auto Show in Detroit, Michigan, U.S., January 14, 2019. REUTERS/Rebecca Cook/File Photo
ElectionsElectric Vehicles (EVs)NewsPoliticsTrade

Biden administration finalizes US crackdown on Chinese vehicles

Biden's administration is finalizing rules that will effectively bar nearly all Chinese cars and trucks from the U.S. market.

FILE PHOTO: United States Secretary of Commerce Gina M. Raimondo attends Day one of the Democratic National Convention (DNC) in Chicago, Illinois, U.S., August 19, 2024. REUTERS/Mike Segar/File Photo
AutomotiveBusinessElectric Vehicles (EVs)NewsPoliticsTrade

US to finalize Chinese vehicle crackdown rules next week, Raimondo says

The proposal issued in September would make software prohibitions effective in the 2027 model year. The hardware ban would take effect in 2029.

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: Tesla electric vehicles (EVs) fast-charge using Tesla Superchargers at a Buc-ee’s travel center and gas station in Baytown, Texas, U.S., March 18, 2023. REUTERS/Bing Guan/File Photo
BusinessEconomyElectric Vehicles (EVs)NewsPoliticsRegulations

Trump’s transition team aims to kill Biden EV tax credit

Trump's team is planning to kill the $7,500 consumer tax credit for electric-vehicle purchases as part of broader tax-reform legislation.

A electric vehicle charger is seen as a vehicle charges in Manhattan, New York, U.S., December 7, 2021. REUTERS/Andrew Kelly/File Photo
BusinessElectric Vehicles (EVs)FinanceNewsPoliticsTransport

White House touts $1bn fund to help auto suppliers retool for EVs

Investment firm Monroe Capital LLC said it plans to launch a fresh fund of up to $1 billion to provide loans for smaller...

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