Back in 2020, electric vehicle maker Canoo snagged a $2.4 billion valuation before it had shipped a single car. Now, just months after yanking its headquarters from Los Angeles County to Texas, the company has gone belly-up.
After a flood of EV investment in red states, most of the places where EV jobs might be undercut by Trump's action are also places that helped elect him.
Rivian CEO RJ Scaringe told Business Insider that Biden-era EV incentives were a "tailwind" but that the business would be fine without them.
Trump's Tariffs And EV Policies Have Carmakers And Consumers
BMW has joined Chinese producers in filing a challenge at the Court of Justice of the European Union (CJEU) against EU tariffs on China-made electric vehicles (EVs), according to a filing on the court's website.
Trump’s new executive order ending the EV mandate could give companies more leeway in the EV transition, but it is not expected to save jobs in the long term.
The EV debate can wait as the Cadillac’s Sollei and Celestiq are rolling masterpieces that’ll make you forget what ‘range anxiety’ even means.
Policy experts say the implications of Donald Trump’s executive order for EV owners—and the EV-curious—won’t be clear for a while.
"We actually no longer call it EV. We call it EIV. 'I' stands for intelligent," Pan Jian, a cochair of CATL, told a WEF panel in Davos, Switzerland.
Trump indicated he is likely to seek to repeal a $7,500 tax credit for new EV purchases approved by Congress as part of Biden's landmark 2022 climate law.
South Korean battery firm LG Energy Solution (LGES) said it expected electric vehicle demand growth to slow in the near-term, as it posted on Friday a quarterly loss for the first time in three years.
A British EV dealer analyzed 300 used EVs, and the results are more proof that you don't have to worry about your car's battery. A new video from RSEV shows why you shouldn't worry about your EV's battery. While EV batteries do degrade, it happens so ...