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US awards $3 bn for EV battery production

MarketWatch on MSN · 15h

Seeking to counter China, US awards $3 billion for EV battery production in 14 states

The Biden administration is awarding $3 billion to U.S. companies to boost domestic production of advanced batteries and other materials used for electric vehicles, part of a continuing push to reduce China’s global dominance in battery production.

Newsweek on MSN · 16h

U.S. Awards $3 Billion for EV Battery Production to Counter China

The $3 Billion financial grants will fund 25 projects in 14 states, including election battleground states such as Michigan and North Carolina.

San Antonio Express-News · 8h

Two Texas projects receive grants for EV battery production, part of U.S. effort to counter China

They’re among 25 projects in 14 states receiving more than $3 billion in infrastructure and jobs act awards announced Friday by the Biden administration.

EU, China

EconoTimes · 2h

Tesla and BYD Win Big as EU and China Agree to Slash EV Import Tariffs

In a significant development, the EU and China have agreed to lower tariffs on electric vehicles, benefiting Tesla and BYD. The move follows intense discussions about pricing and potential subsidies impacting the

Bloomberg L.P. · 1d

Spain Hails China as Strategic Partner Ahead of EV Tariffs Vote

Europe needs China as a “strategic partner” in helping build the bloc’s electric vehicle industry, a top Spanish official said, echoing Prime Minister Pedro Sanchez’s position against EU plans to slap tariffs on Chinese cars.

Reuters on MSN · 2d

China says will negotiate 'until the last minute' on EU EV probe

China's commerce minister said on Wednesday that Beijing will continue to negotiate "until the last minute" on the European Union's electric vehicle probe, with the investigation undermining confidence of Chinese companies investing in Europe.

8hon MSN

Ford CEO's haunting visit to China triggered its radical EV shift

Ford executives shocked fans and skeptics by announcing radical changes to its electric vehicle strategy. In a series of ...

Auto News India2h

VW targets job cuts in China to lower costs amid sales decline and EV shift

In response to a sales slump in China, Volkswagen AG plans to cut hundreds of corporate jobs and reduce costs by 20 per cent ...

Tesla Thrives in China While Media Overstates Germany’s EV Sales Decline

Despite the medias focus on a steep decline in German EV sales, Tesla is set to record its best quarter in China. As analysts ...

3d

EV tariffs will damage Germany, China, says Chinese commerce minister

China's commerce minister said the European Union's imposition of tariffs on electric vehicles (EV) will "seriously interfere ...

2d

China Leaked Mini's EV Cooper JCW Before You're Supposed to See It

The Chinese Ministry of Industry and Information Technology (MIIT) has leaked Mini's upcoming JCW EV. The next-gen hot hatch ...

10h

The rise of solar power and China's staggering EV growth may have pushed global emissions into decline

Renewable technologies are gathering speed, putting the world within reach of falling greenhouse gas emissions. Climate ...

Biden-Harris Admin Shells Out Billions More For Battery Manufacturing As China Corners The Market

The Biden-Harris administration announced Friday that it was granting over $3 billion for electric vehicle (EV) battery projects as a ...

5h

BYD’s Southeast Asian partner explains what helped the Chinese EV brand break out overseas: Putting the steering wheel on the right side

Sime Darby, No. 25 on the Fortune Southeast Asia 500, is working with BYD to sell EVs in Singapore and Malaysia.

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