Browsing: Inflation Reduction Act
Honda has reportedly decided to indefinitely suspend its planned multi-billion-dollar electric vehicle investment project in Canada as uncertainty grows around…
South Korea’s LG Energy Solution (LGES) said on Monday its third-quarter operating profit likely rose 34% from a year earlier,…
U.S. auto executives are warning of a steep drop in electric-vehicle (EV) sales in October after the federal $7,500 tax…
Sales of electric and hybrid vehicles in the United States have jumped by about 30% since early summer as consumers…
The US government is preparing to end the $7,500 federal tax credit for new electric vehicles, a move that could…
July U.S. electric vehicle (EV) sales showed year-over-year growth, but analysts warn that tariffs and the imminent end of federal…
New electric car registrations in the United States rose sharply in July, marking the second-highest monthly total since records began,…
LG Energy Solution Q2 Operating Profit More Than Doubles on Early Demand Ahead of U.S. Tariff Concerns
By James Bryant
South Korea’s LG Energy Solution (LGES) said its second-quarter operating profit more than doubled year-on-year, as some customers accelerated battery…
South Korean battery manufacturer SK On has signed a contract with local battery materials firm Ecopro to supply lithium hydroxide…
Hyundai Motor Group may face an annual revenue loss of up to 2.7 trillion won ($1.94 billion) in electric vehicle…
U.S. automakers are urging customers to purchase electric vehicles before a key $7,500 federal tax credit ends on September 30,…
A U.S. federal judge on Tuesday issued a temporary injunction preventing the Trump administration from withholding billions of dollars in…
A new report from the BlueGreen Alliance cautions that the Republican-led budget bill, recently approved by the House, could put…
The 2025 Hyundai Ioniq 5 has regained eligibility for the full $7,500 federal electric vehicle (EV) tax credit in the…
Kia’s 2025 EV6 and 2026 EV9 electric vehicles will be eligible for the U.S. federal electric vehicle tax credit of…
Two senior members of the U.S. Department of Government Efficiency (DOGE) are preparing legislation to withdraw approximately $3 billion allocated…
Harbinger, a manufacturer of medium-duty electric vehicles, has launched a new pricing initiative aimed at protecting buyers from potential changes…
Octillion Power Systems has opened a new battery production facility in Reno, Nevada, expanding its manufacturing presence in North America.…
Hyundai Motor’s electric vehicle models, including the Ioniq 5, Ioniq 9, and Genesis GV70, have been excluded from the list…
As the Trump administration prepares to assume office, the U.S. auto industry faces potential upheaval, with speculation mounting that the…