Report: Trump's transition team will revoke Biden's electric vehicle and emissions policies.
According to Reuters, the transition team's plan includes eliminating the Consumer tax credit for Electric Autos purchases, imposing tariffs on all Battery materials globally, and withdrawing Biden's support for Electric Autos and charging infrastructure.
Express News | Workhorse Group Inc: Files for Offering of $3.5 Mln Principal Amount of Senior Secured Convertible Notes Due 2025 - SEC Filing
Trump Transition Team Proposes EV Policy Rollback
Express News | The Trump transition team plans to completely revoke Biden's electric Autos and emissions policies.
Global EVs & Hybrids Sales Rose 32% YoY In November Partially Due To Sustainability Concern
A year-on-year increase of 32%! Global electric vehicle sales have set historical highs for three consecutive months, with China accounting for 70% of the market.
The performance of the China market is impressive, with sales in November growing by 50% year-on-year to reach 1.27 million vehicles, accounting for about 70% of Global total sales. Overall Auto sales in China for November increased by 16.6% compared to the previous year, marking the highest growth rate since January this year. BYD is expected to exceed the annual Global sales target and surpass Ford and Honda.
Postal Service Chief Defends Plan To Buy Rising Number Of Electric Delivery Vehicles
Workhorse Partners With Progressive Manufacturing Company As Certified Dealer, Expanding Availability Of Electric Commercial Vehicles For Specialized Fleets; PMC Orders W56 And W4 CC Models To Showcase EnviroCharge Off-Grid DC Fast Charging Solutions
Jibang Consulting: In the third quarter, the total installed capacity of global electric vehicle traction power inverters reached 6.87 million units, an increase of 7% compared to the previous quarter.
In the third quarter of 2024, the total installed capacity of global electric vehicle traction power inverters reached 6.87 million units, which is a 7% increase compared to the previous quarter, but the growth rate has declined compared to the same period last year.
Workhorse Group Announces Grant Thornton Declines Reappointment As Independent Auditor For 2024; No Disagreements Reported On Financial Practices, But Material Weaknesses In Internal Controls Cited, Including Issues With Convertible Note Valuation And...
Worried about Trump's policies, South Korean electric car battery manufacturers are reconsidering their investment plans in the United States.
Informed sources reveal that some south korean companies have slowed down or suspended some ongoing factory constructions due to concerns over a decrease in demand for electric autos and the policies that Trump is expected to implement.
Trump Transition Team Weighing Plan To Cancel Postal Service's EV Supply Contracts With Oshkosh, Ford; Effort To Unwind Postal Service EV Contracts Would Be Part Of A Broader Executive Order On EVs
A newcomer in the U.S. Senate claims to end subsidies for electric vehicles, allowing consumers to decide which models to purchase.
① Bernie Moreno, the incoming senator from ohio in the usa, stated that if he becomes the "autos czar" in the next Trump administration, one of his top priorities would be to eliminate the $7,500 tax credit for electric vehicles; ② Moreno emphasized that the "market should play a role," calling for an end to government intervention in businesses, and advocated for creating a favorable tax, regulatory, and labor environment for auto companies.
BMO Comments on US, Canada Vehicle Sales in November
Vehicle-Sales Jump Bodes Well for U.S. GDP -- Market Talk
U.S. Auto Sales Climb to Highest Level in Three and a Half Years
Troubles within and without for American car manufacturers: Trump's tariffs and the "price war" in the China car market.
Tariffs may lead to price increases and a decrease in demand. Meanwhile, the fierce price competition in the china automotive industry will pose challenges for usa car companies' operations in china.
EV Sales Slow As Consumers Grow Weary Over High Costs, Charging NeedsHybrid Cars Have Outperformed Expectations Originally Set for EVs in 2024
Express News | Workhorse Group Inc - Enters Securities Purchase Agreement
Express News | Workhorse Group Files for Offering of $2 Mln Principal Amount of Senior Secured Convertible Notes Due 2025