EVs

California will offer EV rebates if Trump kills federal tax credits

California is committed to zero-emission vehicles, even if the federal mood shifts.  The state’s governor Gavin Newsom, a Democrat, said Monday that if the incoming Trump administration cuts the $7,500 EV tax credit, he will propose rebates for eligible residents who buy electric vehicles.  “We’re not turning back on a clean transportation future – we’re […]

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Tesla Superchargers: GM, Ford, Rivian, and other EV brands with access

In May 2023, Ford triggered a transformation when the U.S. automaker locked in a deal to give owners of its EVs access to the Tesla Supercharger network.  In a stunning shift, automaker after automaker — from GM and Hyundai to Rivian and Mercedes — followed suit. By the end of 2023, nearly every major automaker

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Mitsubishi backs Ample’s radical approach to charging EV batteries

Startup Ample is on a mission to convert commercial fleets into believers in the power of electric vehicle battery swapping technology.   The company has spent the last three years piloting its electric vehicle battery swapping technology in San Francisco, Madrid, and Japan. Now, Ample is preparing to turn some of those pilot customers into commercial

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The $7,500 EV tax credit is on Trump’s chopping block

Republicans have long opposed the $7,500 federal tax credit for electric vehicles contained in the Inflation Reduction Act. Now, it seems President-elect Donald Trump’s transition team has made that a priority with plans to end the tax credit as part of broader tax reform legislation, Reuters reported citing two unnamed sources. TechCrunch has confirmed the

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The Rivian-Volkswagen joint venture deal is now up to $5.8B

Rivian and Volkswagen Group have finalized a multi-billion-dollar joint venture to develop software, paving the way to let the German auto giant leverage the EV startup’s more technical chops in the coming years. Volkswagen will invest up to $5.8 billion by 2027, about 16% more than when the deal was first announced in June. Volkswagen

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Rivian takes major revenue hit as supplier problem persists

Rivian reported Thursday revenue of $874 million in the third quarter — more than 12% lower than analysts estimates — as the EV startup struggled to resolve a component shortage that disrupted production of its recently overhauled flagship R1S and R1T vehicles.  Last month, Rivian lowered its annual production guidance to 47,000 to 49,000 vehicles

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