Browsing: Finance
Canadian Province of Alberta Imposes $200 Annual Tax on Electric Vehicles, Citing Road Wear and Tear
The Canadian province of Alberta has announced a new $200 annual tax on electric vehicle (EV) owners, aiming to generate…
Nikola Corporation has appointed Thomas Okray, a former executive from General Motors and Amazon, as its chief financial officer, the…
Volkswagen Expects Slower Electric Vehicle Sales Growth in 2024 Amid Economic Challenges
Volkswagen announced on Friday that it anticipates a slowdown in sales growth in 2024, aligning with competitors’ warnings of a…
Fisker issued a warning on Thursday, stating it might not be able to continue as a going concern, leading to…
U.S. Energy Department Greenlights $710 Million in Loans for EV Technology, $221.8 Billion Still Available for Clean Energy Projects
The U.S. Energy Department announced on Thursday that it has granted preliminary approval for nearly $710 million in loans to…
Volkswagen has announced its intention to uphold investment levels over the next five years, despite implementing a multi-billion euro cost-saving…
UK Department for Transport Launches Grant to Subsidize EV Charging Points at Educational Institutes
The UK Department for Transport (DfT) has unveiled a new grant aimed at subsidizing the installation of electric vehicle (EV)…
German automotive and industrial supplier, Schaeffler AG, has been granted a development loan amounting to 420 million euros by the…
Enefit Volt Partners with Norfa to Roll Out Extensive EV Charging Network Across Lithuania
Enefit Volt, the electric vehicle (EV) charging subsidiary of Estonia’s state-owned energy company, Eesti Energia, has inked a major deal…
Toyota’s upcoming 2024 bZ4X electric SUV is set to see a price increase of up to $1,070 compared to the…
The United States government is exploring the possibility of providing car manufacturers with a temporary exemption from recent regulations concerning…
McDonald’s and EDF-owned Izivia to Deploy 2,000 Ultra-Rapid EV Chargers at 700 Restaurants in France
McDonald’s, in partnership with Izivia, a subsidiary of EDF, plans to install 2,000 high-power charge points across 700 of its…