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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
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
What Does 'Made in America' Mean? In Green Energy, Billions Hinge on the Answer
Companies pursuing subsidies are trying to influence how the Treasury Department defines the phrase. Source link
South Korea’s LG Energy to Build $5.6 Billion Battery Plant in Arizona
Tech Company is the latest foreign battery maker to commit to projects tapping into the energy transition Source link
New Electric-Vehicle and Home-Energy Tax Incentives
The sweeping energy law Congress passed in August 2022 includes major changes to tax incentives for consumers to electrify their homes and vehicles. These measures