TAIPEI, Taiwan (AP) — China will tighten the rules for exporting electric vehicles by requiring automakers to obtain export permits from next year, the Commerce Ministry said Friday. The export licenses, required from Jan. 1, are intended to “promote the healthy development of the new energy vehicle trade,” the ministry said in a statement. The…
Chinese carmaker BYD outsold Tesla in the European Union for the second month in a row, registering three times as many new cars in August as it did a year earlier, news agency Reuters reported on September 25 citing data from the European Automobile Manufacturers’ Association (ACEA). The figures showed a rapid change in Europe’s…
NEW DELHI: Steel magnate Sajjan Jindal’s fully-owned car venture JSW Motors is in talks with BYD — the world’s biggest EV maker — and a clutch of other Chinese companies like Geely, Cherry, Xiaomi, Nio Auto, and Li Auto for platform and component access. The Indian company has lined up investments of nearly Rs 26,000…
Uber CEO Dara Khosrowshahi says autonomous cars will act as a “catalyst” for EV adoption as Uber expands its global self-driving footprint. Photo by Riccardo Savi/Getty Images for Concordia Annual Summit The once-booming U.S. market for electric vehicles is slowing, but Uber CEO Dara Khosrowshahi isn’t fazed. Speaking today (Sept. 23) at the Concordia Summit…
Mexico’s proposed 50 percent tariffs on vehicles imported from China are set to deal a major blow to the country’s fast-growing electric vehicle market. What’s happening? According to reports from Reuters, the tariff targets electric and gasoline cars imported from all countries with which Mexico doesn’t have a free trade agreement, including South Korea, India,…
Sales of electric vehicles in the United States are almost certain to tumble when the $7,500 federal tax credit for EV buyers expires on Oct. 1, leaving automakers and car buyers wondering where prices will go.The tax credit, which was passed in 2022 as part of the Biden administration’s legislative push to support EVs and…
For car buyers interested in electric vehicles, the clock is ticking to take advantage of federal tax credits on new and used EVs before they expire on Sept. 30. Introduced in 2022 under the Inflation Reduction Act signed, the federal tax credits — $7,500 for new and $4,000 for used — are being phased out…
Major deals on electric vehicles as sales surge ahead of tax credit ending – CBS News Watch CBS News The federal tax credit on electric vehicles ends next week. Some dealers are now offering huge deals to sell the cars before the tax credit expires. Source link
With a ticking clock on Gov. Jared Polis’ 2019 aspirations to put 940,000 electric vehicles on Colorado highways by 2030, his plan hit a major pothole when President Donald Trump ordered cancellation of the Biden administration’s Inflation Reduction Act Clean Vehicle Tax Credits. On Sept. 30, the federal tax credits worth up to $7,500 per…
HYDERABAD, India, Sept. 19, 2025 /PRNewswire/ — According to Mordor Intelligence, the global electric vehicle battery recycling market is valued at USD 3.88 billion in 2025 and is projected to reach USD 15.58 billion by 2030, growing at a CAGR of 32.05% during the forecast period. The electric vehicle battery recycling market is witnessing rapid growth as…