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Tesla Model Y trim gets minimal price increase in China

Teslarati

lineup of Model Y trims was added to the IRS’s list of vehicle qualifying for federal tax credits in early February, Tesla pushed prices up slightly. Tesla builds its cars for the Chinese market in Shanghai at its dedicated production facility known as Gigafactory Shanghai. After the entire U.S.

China 98
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Westwater Resources is building a facility in Alabama to process one of the largest graphite deposits in the US

Charged EVs

The company is currently building a graphite processing plant in Kellyton, Alabama. Fast forward to today and Westwater is building a graphite plant in Alabama, and people are eager to buy our capacity. How much more are people willing to pay to get US graphite compared to Chinese suppliers?

Alabama 52
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Report: Feds to formalize foreign entity rules for EV tax credit

Baua Electric

Treasury Department could issue clarifications on federal EV tax-credit eligibility rules as early as Friday, reports Transport Topics. does not have friendly trade relations with would not qualify for a $7,500 federal tax credit. But these could still limit the number of vehicles that qualify for the federal tax credit.

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Lucid Gravity drive, Acura ZDX review, Jeep plug-in hybrid pickup: The Week in Reverse

Baua Electric

The Biden administration provided updated EV tax credit rules for manufacturers and suppliers on Friday, and they amount to an easing of critical-mineral origin requirements over the next two years that could result in more vehicles eligible for the top $7,500 credit. NEVS Emily GT Toyota is looking to localize U.S.

Acura 52
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Inflation Reduction Act – How It Supercharges the Electric Vehicle Industry

EV Match

on a path to reducing emissions more than 40% below 2005 levels, per a Princeton University analysis of the measure’s impacts : expanded tax credits for EVs, batteries, solar panels and wind turbines. Honda announced just days ago that it has struck a deal with Korean battery giant LG Energy Solution to build a $4.4

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White House warns that Chinese EVs could collect your data and send it back to China

Baua Electric

The US has imposed extra tariffs on Chinese EVs since 2019, with US officials having long warned that China poses a threat in data security, and the new measure could have broad implications across a number of industries, the report said. Meanwhile, the Chinese military steers clear of Tesla vehicles for the same reasons.

Chinese 52
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US senators want even higher tariffs on Chinese EVs

Baua Electric

Just as the EU is considering tariffs on Chinese EVs imported into Europe, three US Democratic senators are urging that the Biden administration hike import tariffs on Chinese EVs to address national security risks. Allowing heavily subsidized Chinese vehicles to enter the U.S. automotive industry as a whole.”

Chinese 52