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New EV Rules Mean Fewer Models Eligible for Tax Credit
Business

New EV Rules Mean Fewer Models Eligible for Tax Credit

Issued by the Treasury Department Friday, the criteria aim to make the U.S. less reliant on batteries and critical minerals shipped from China. Source link

Ford Raises Price Again on Electric F-150 Lightning Truck
Business

Ford Raises Price Again on Electric F-150 Lightning Truck

Business Autos & Transportation Autos Industry Auto maker resumes full production of the truck after addressing a battery issue Source link

Freeport-McMoRan (FCX) Declares $0.08 Dividend
Stock Market

Unusual Put Option Trade in Rivian Automotive Inc – (RIVN) Worth $417.93K

On March 29, 2023 at 11:24:48 ET an unusually large $417.93K block of Put contracts in Rivian Automotive Inc – (RIVN) was sold, with a

AI Experts Call for Pause in Technology's Development
Business

AI Experts Call for Pause in Technology's Development

Tesla CEO Elon Musk and AI pioneer Yoshua Bengio are among those who want a moratorium of at least six months to set safety standards

EV Startup Lucid Cuts 18% of Workforce, Including Some Executives
Business

EV Startup Lucid Cuts 18% of Workforce, Including Some Executives

The maker of high-end electric cars plans to lay off about 1,300 employees. Source link

U.S. and Japan Strike Deal on Minerals Used in Batteries for Electric Cars
Business

U.S. and Japan Strike Deal on Minerals Used in Batteries for Electric Cars

Politics Move aims at China’s supply-chain dominance and Japan meeting requirements on EV subsidies in the U.S. Source link

The Paper-Thin Steel Needed to Power Electric Cars Is in Short Supply
Business

The Paper-Thin Steel Needed to Power Electric Cars Is in Short Supply

Business U.S. Steel and Cleveland-Cliffs jockey with foreign rivals to supply the crucial material for EV motors Source link

U.S. Ad Spending Still Expected to Grow in 2023 Despite ‘Stressful Economic Signals’
Business

U.S. Ad Spending Still Expected to Grow in 2023 Despite ‘Stressful Economic Signals’

CMO Today Media owners’ U.S. ad revenues are expected to increase 3.4% to $326 billion this year, according to a new forecast from Magna Source

UAW Members Elect Reform Candidate as President
Business

UAW Members Elect Reform Candidate as President

Shawn Fain will take charge of the union ahead of contract talks with Detroit auto makers set to begin this summer. Source link