The EV tax credit, designed to help America lead in one of the world’s fastest-growing markets, should be preserved.
China's auto exports are estimated to slow notably this year after holding the export crown for a second year in 2024, with no growth predicted for electric vehicle exports, an auto association official said on Thursday.
New site signals a potential 30 million ton addition to China's lithium resources, increasing global share from 6 to 16.5 percent.
Sales of electric and hybrid vehicles jumped more than 40 percent in China last year, as demand for new energy models continues to surge and the sector remains entrenched in a gruelling price war.
China has renewed a trade-in subsidy of up to 20,000 yuan ($2,730) to help underpin sales of fuel-efficient vehicles, including electric cars and hybrids.
Sales of electric and hybrid vehicles jumped more than 40 percent in China last year, as demand for new energy models continues to surge and the
The outstanding growth in China in a largely stalling global EV landscape bode well for local leaders such as BYD , Geely and Xiaomi
Competition in China's electric vehicle (EV) market has intensified right at the start of 2025, with vendors lowering prices and the government offering subsidies to stimulate purchases.
The world’s biggest maker of electric-vehicle batteries and a supplier to Tesla has been meeting banks in recent weeks as it draws up plans for a secondary listing in Hong Kong. The initial public offering would give it access to offshore funds as it seeks to expand overseas, and Morgan Stanley has estimated it could raise up to $7.7bn.
Charging is often cited as a main reason drivers aren't embracing EVs. In the US, charging times range from 20 minutes to 50 hours.
Genesis' GV70 Electrified now qualifies for the full EV tax credit, as do Hyundai's Ioniq 5 and Ioniq 9, and the Kia EV6 and EV9. But those appear to be the only newly qualified EVs for 2025. And the Tesla Cybertruck joins the list as well.