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U.S. awards $3 billion for EV battery production

Seeking to counter China, US awards $3 billion for EV battery production in 14 states

The Biden administration is awarding $3 billion to U.S. companies to boost domestic production of advanced batteries and other materials used for electric vehicles, part of a continuing push to reduce China’s global dominance in battery production.

Newsweek on MSN · 19h

U.S. Awards $3 Billion for EV Battery Production to Counter China

The $3 Billion financial grants will fund 25 projects in 14 states, including election battleground states such as Michigan and North Carolina.

Fast Company · 19h

$3 billion in U.S. grants aim to boost EV battery production in these states

The Biden administration seeks to increase domestic production of EV batteries with a $3 billion award to U.S. companies.

EU, EV

The Motley Fool on MSN · 44m

Slowing EV Sales? Don't Tell This Automaker.

Despite slower-than-anticipated growth in electric vehicle (EV) sales, and a plethora of automakers pulling back on EV spending, Stellantis is adding battery-powered models to fuel growth.

Bloomberg L.P. · 2d

Europe’s EV Sales Plunge Has Carmakers Seeking EU Relief

Germany, hit by bad economic news in recent weeks, led a drop in European car sales last month as demand for electric vehicles cratered.

Reuters on MSN · 1d

EU car sales at 3-year low in August, EV sales plunge 44%

New car sales in the European Union fell 18.3% in August to their lowest in three years, dragged down by double-digit losses in major markets Germany, France and Italy and sliding electric vehicle (EV) sales,

BMW, EV batteries

Autoblog · 5h

Can BMW and Redwood Materials solve the EV battery waste problem for good?

With BMW and Redwood Materials joining forces, is the long-term sustainability of electric vehicles now within reach?

The Economist · 1d

Most electric-car batteries could soon be made by recycling old ones

Although 70% of the world’s reserves of lithium carbonate (from which it is mined) are in Argentina, Australia and Chile, processing it into a form suitable for use in batteries is a business currently dominated by China.

The Verge on MSN · 1d

BMW will recycle old EV batteries with Redwood Materials

BMW of North America struck a deal to recycle lithium-ion batteries from all of its electrified vehicles with Redwood Materials, the companies announced today. The German automaker said it would instruct its dealers to send old batteries from all of its electrified models,

15hon MSN

House backs measure to overturn Biden auto emissions rule that Republicans say would force EV sales

The Republican-controlled House approved a resolution Friday that would overturn a new Biden administration rule on ...

PC Magazine on MSN12h

Rivian CEO: 'Extreme Lack of Choice' Is Hampering EV Sales Growth

Speaking at an event in D.C., RJ Scaringe predicts that the industry will not only get over the affordability hump but make ...

1don MSN

It's a great time to buy a used EV

The used EV market is more favorable than ever, with low prices and younger cars.

2don MSN

Tesla sold more Cybertrucks than almost all other EV trucks combined

The Tesla Cybertruck gets a lot of hate for its polarizing design and even more polarizing creator. However, the Cybertruck ...

21hon MSN

Vietnamese EV maker VinFast reports wider sequential gross loss

(Reuters) -Vietnamese electric-vehicle maker VinFast reported a deeper second-quarter loss on Friday, driven by rising costs ...

TSLA, RIVN, or LCID: Which U.S. EV Stock Is the Top Pick?

In the highly competitive electric vehicle (EV) market, major players such as Tesla (TSLA), Rivian Automotive (RIVN), and ...

China, EU Agree to Intensify Talks Ahead of EV Tariff Vote

The European Union and China agreed Thursday to intensify discussions as the two sides seek ways to avert looming tariffs on ...

11hon MSN

A Russian warlord who seemingly put a machine gun on a Cybertruck says Elon Musk 'remotely disabled' the militarized EV

Ramzan Kadyrov previously claimed the pickup was a gift from Musk and suggested he might send it into war against Ukraine.

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