As the automotive industry rapidly shifts toward electric vehicles (EVs), the need for trained technicians who can service these cars has never been more urgent. California and Michigan are two states leading the way in this transition. However, the demand for EV service professionals is growing nationwide. To address the demands of this evolving market,…
The Trump transition team is considering eliminating the $7,500 consumer tax credit for electric vehicle (EV) purchases as part of broader tax reforms. This potential move, part of the transition team’s energy-policy discussions led by figures like oil magnate Harold Hamm and North Dakota Governor Doug Burgum, could significantly impact the U.S. EV market, which…
LG Energy Solution reported a significant operating profit drop of nearly 40% for the third quarter, attributing the decline to sluggish demand for electric vehicles (EVs). For the three months ending September 30, the South Korean battery maker’s operating profit stood at 448.3 billion won ($323 million), slightly exceeding analyst expectations but down 39% from…
Top stories U.S. Energy Department races to finalize $1.7 billion in EV plant conversion grants. Read More Trump proposes tax breaks for U.S.-made car purchases as election nears. Read More Honda Recalls 720,000 vehicles over fuel pump leak risk. Read More U.S. electric vehicle market sees record growth as EV sales hit new milestones. Read…
Electric vehicle (EV) sales in the U.S. reached record levels in the third quarter of 2024, with an 11% year-over-year increase, according to Kelley Blue Book. A total of 346,309 EVs were sold, marking a 5% jump from Q2 and bringing the EV market share to 8.9%, the highest on record. This is a significant…
Chevrolet is launching a nationwide training program to promote the adoption of electric vehicles (EVs). The program aims to improve the knowledge and confidence of dealership sales staff in selling EVs. It is expected to attract 7,000 employees and will be held in five states throughout the summer and fall. The initiative will include educational…
China has strongly urged the United States to stop what it describes as “unreasonable suppression” of its companies. This follows U.S. proposals to ban Chinese software and hardware in vehicles due to national security concerns. The Chinese Ministry of Commerce criticized the U.S. government’s move, labeling it protectionist and a violation of fair competition and…