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Northern Lights Energy signs LOI to purchase 1,000 AMP electric SUV conversions over 5 years

Green Car Congress

a company engaged in the emission-free electrification of OEM vehicles, has signed a letter of intent (LOI) with Northern Lights Energy ( NLE ) to support the introduction of all-electric SUVs into Iceland as part of a national electric vehicle (EV) project. Tags: Conversions Electric (Battery). AMP Holding Inc., Earlier post.).

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Porsche Casts Doubt Upon Combustion Ban Timeline

The Truth About Cars

This is also true of the industry itself, which often makes bold promises designed to appease a subset of the public only to repeatedly move the target date back a few years.& Manufacturers have also signaled they’ll need more time to finish constructing EV facilities and started grumbling about subsidies being cut off.&

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GM expects Chevrolet Silverado EV to get full $7,500 tax credit

Teslarati

General Motors (GM) expects the Chevrolet Silverado EV to get the Inflation Reduction Act’s (IRA) full $7,500 tax credit. The legacy automaker recently announced that its customers will benefit from the full $7,500 clean vehicles purchase incentive across its entire EV fleet lineup under a given MSRP cap.

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VMT receives purchase orders worth $480M from two EV manufacturers for Universal Transmission

Green Car Congress

VMT Technologies, a development and licensing company headquartered at the Novell Technology Center in Provo, Utah, has received purchase orders worth up to $480 million from two EV manufacturers—Vision Motor Cars and Leo Motors—for the VMT Universal Transmission for application in their vehicles. Earlier post.).

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Senate Bill Seeks to Tariff Chinese Vehicles Out of Existence

The Truth About Cars

Both parties have been worried about China’s industrial prowess spelling trouble for Western automakers. From Reuters : Tai said last month the Biden administration is closely reviewing "China's non-market policies and practices in its automotive industry" and reviewing current tariff levels. With Chinese exports already under a 27.5

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How to Choose the Right Electric Car for Your Lifestyle?

Get Electric Vehicle

As we embrace a future focused on sustainable mobility, electric vehicles (EVs) are emerging as the frontrunners in revolutionizing transportation. In the fiscal year 2023 , the domestic electric vehicle (EV) industry witnessed remarkable growth, with retail sales surpassing 1,181,734 units.

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U.S. Senate Panel looks to boost EV Tax Credit to $12,500: What we know so far

Teslarati

The “ Clean Energy for America ” Bill would limit tax credits to vehicles with a price tag of less than $80,000. Stabenow’s proposal aims to “level the playing field” for electric car makers as the gas-powered companies have ruled the automotive industry for 100 years. unionized workers. What do you think?