Tag: Inflation Reduction Act
Ford and Tesla rivalry a new possibility, after impressive EV sales...
According to new EV sales numbers, Ford is now the second-best-selling electric car manufacturer in the U.S., indicating that it may be competitive with...
Goldman Sachs says big bucks in store for green energy infrastructure
Goldman Sachs believes the Biden Administration’s Inflation Reduction Act could breathe new life into the U.S.’s green energy infrastructure.
In an interview with CNBC, Michele...
New-car sales beating expectations, reports Cox
Cox Automotive has predicted that November’s new-car sales will be 10.8% higher than in 2021. This is a surprising shift in tone from earlier...
South Korean President Yoon makes appeal to Tesla’s Elon Musk
South Korean President Yoon Suk-yeol is looking to entice foreign automakers with promises of hospitable regulations.
Speaking to Reuters on Monday, the president stated that...
EU seeks changes to ‘discriminatory’ U.S. Inflation Reduction Act
The Inflation Reduction Act, which is set to go into effect this January, might make America a global leader in the electric vehicle market...
Mazda joins EV hype, invests additional $10.6 billion
Mazda has revealed it will invest over $10 billion towards EV development as part of its new business strategy.
The Japan-based automaker joins many of...
GM predicts rosy financial future thanks to EV growth
GM announced last Thursday it expects its EV profits to match sales of gas-powered vehicles by 2025, five years earlier than initially projected.
Speaking to...
Study reveals most car buyers ‘somewhat familiar’ with new EV tax...
Cox Automotive Mobility's newest survey found that electric vehicle owners are only 'somewhat familiar' with new EV tax credits included in the Inflation Reduction...
Biden vows to continue talks with South Korea over EV tax...
President Joe Biden has reached out to South Korean President Yoon Suk-yeol, signaling his willingness to continue negotiations with the country regarding the recently...
China’s Commerce Ministry says US EV tax credits might violate WTO...
The newly passed Inflation Reduction Act has received praise from many automakers who operate within North America. But now, China is the latest to...
