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US awards $3 bn for EV battery production

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

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.

Yahoo · 1d

EU and China fail to deliver breakthrough on electric cars dispute, but talks will intensify

Brussels and Beijing have agreed to take a new look at price undertakings, which could avoid extra tariffs on China-made electric vehicles.

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 ...

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.

EconoTimes13h

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 ...

scmp.com27m

Exclusive | Malaysia must tread fine line in EV push amid US-China rivalry, trade tensions: minister

But it has not all been smooth sailing. Solar companies in Malaysia may face tariffs as part of Washington’s anti-China trade policies, while its EV sector must balance growth with not being ...

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 ...

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 ...

IJR9h

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 ...

Germany's Habeck calls for political solution to EV tariff dispute with China

German Economy Minister Robert Habeck called for a political solution to a dispute between the European Union and China over ...

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