Eidford village Norway, Volkswagen ID4 SUV electric vehicle being charged by a 360kw vehicle charging station with cruise ship MS Rotterdam in port. (Photo by: Martin Berry/UCG/Universal Images Group via Getty Images) UCG/Universal Images Group via Getty Images At first blush, it seems Norway just committed the ultimate heresy in clean tech policy: it laid…
President Trump’s affinity for electric vehicles (EVs) lasted about as long as his government collaboration with Tesla NASDAQ: TSLA CEO Elon Musk did. Earlier this year, at a staged media event at the White House’s South Lawn, the president publicly announced that in support of Musk, he was purchasing a red Tesla Model S. But…
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…
Tesla’s grip on the US electric vehicle (EV) market appears to be loosening after years of dominance. Recent industry data suggested that the company’s share of the US EV market fell to levels not seen in nearly eight years, reflecting growing pressure from rivals, shifting consumer choices and Tesla’s own strategic redirection. The development raised…
Electric vehicle makers like Tesla (TSLA), GM (GM), and Ford (F) will be in a world of pain when President Trump’s “One Big Beautiful Bill Act” (OBBB) ends federal EV tax credits later this month. Sales of EVs in the US are expected to be cut in half compared to current levels, at least according…
OpenAI CEO Sam Altman has warned that export controls alone are not an effective strategy to curb China’s development of artificial intelligence (AI). He’s absolutely right. China’s rapid ascendancy in the global AI race is becoming increasingly evident, driven by its strategic focus on engineering, application-driven development and alignment with national policy. While the US…
For months, India has felt the squeeze of China’s export chokehold on rare earth magnets vital for EVs, fertilizers key to food security, and raw materials that keep pharma running. Automakers faced stalled assembly lines, farmers braced for higher costs, and drugmakers feared supply disruptions. Now, with Prime Minister Modi set to visit China for…
By Nora Eckert DETROIT (Reuters) -Ford plans to start rolling out its new family of affordable electric vehicles in 2027, including a midsize pickup truck with a target starting price of $30,000, the company said on Monday, as it aspires to the cost efficiency of Chinese rivals. The new midsize four-door pickup will be assembled…
Aggressive pricing, shrewd tax engineering and a trusted local partner have propelled China’s BYD to a commanding position in Sri Lanka’s electric vehicle and hybrid market, disrupting a sector long constrained by import restrictions and setting the stage for dramatic expansion. Sri Lanka’s car market, starved of new imports for nearly five years under a…
Chinese President Xi Jinping has publicly questioned the country’s rapid and widespread investment in artificial intelligence (AI), computing power, and new energy vehicles (NEVs). Speaking at a major political meeting in Beijing, Xi voiced concerns that the ongoing tech investment race across China’s provinces could be excessive and potentially unsustainable, especially as the nation grapples…