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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 Autos & Transportation Autos Industry Auto maker resumes full production of the truck after addressing a battery issue Source link
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
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
Climate Funding Gets Squeezed by Volatile Markets
The interest-rate increases and market volatility that hit risky investments last year have finally caught up with green startups. The sector, which includes everything from
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
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 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’
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
Shawn Fain will take charge of the union ahead of contract talks with Detroit auto makers set to begin this summer. Source link