EV market faces potential shakeup as tax credit hang in the balance
Welcome back to the latest episode of The Future of Automotive on CBT News, where we put recent automotive and mobility news into the context of the broader themes impacting...
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TSLA298.160-9.28%
GM89.400-0.9%
F15.2800.32%
RIVN16.330-0.36%
CYD45.120-1.31%
HMC30.6800.4%
TM192.8406.54%
CVNA66.3300.26%
PAG223.4403.43%
LAD427.48069.17%
AN229.9809.65%
GPI357.9707.32%
ABG248.2607.27%
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TSLA298.160-9.28%
GM89.400-0.9%
F15.2800.32%
RIVN16.330-0.36%
CYD45.120-1.31%
HMC30.6800.4%
TM192.8406.54%
CVNA66.3300.26%
PAG223.4403.43%
LAD427.48069.17%
AN229.9809.65%
GPI357.9707.32%
ABG248.2607.27%
SAH112.6607.97%
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Rivian lands $6.6 billion loan for Georgia EV plant
Rivian, the California-based electric vehicle (EV) startup, has received a major boost in its push to ramp up production with a $6.6 billion loan from the U.S. Department of Energy....
CA Gov. Newsom and Trump clash over EV policy, Nissan continues to slash U.S. production, NHTSA stands firm in AEB mandate amid industry pushback
Top stories
CA Gov. Newsom and Trump clash over EV policy, Tesla left in the crossfire. Read More
Nissan slashes U.S. production by 17% amid slumping sales. Read More
Feds back automatic braking...
Auto industry urges Trump to keep EV tax credit and emissions standards
The auto industry has called on President-elect Donald Trump to preserve the $7,500 electric vehicle (EV) tax credit, a key component of President Joe Biden’s policies to promote EV adoption...
2024 LA Auto Show highlights the value of auto shows in the industry
The Los Angeles Auto Show is one of the nation's most prominent and influential auto shows. This year, it will occur from Friday, November 22, to Sunday, December 1.
The...
Trump nominates Sean Duffy for Transportation Secretary amid major transportation challenges
President-elect Donald Trump has announced the nomination of former Wisconsin Representative and Fox Business News host Sean Duffy as his pick for U.S. Transportation Secretary.
If confirmed, Duffy will oversee the...
Hertz reports Q3 loss due to failed EV bet
Hertz Global Holdings reported a challenging Q3 2024, with revenue totaling $2.6 billion—a 5% decrease year over year. This marks the company's fourth consecutive quarterly loss, with a GAAP net...
Trump’s transition team eyes repeal of EV tax credit, sparking concerns for U.S. auto industry
The Trump transition team is considering eliminating the $7,500 consumer tax credit for electric vehicle (EV) purchases as part of broader tax reforms. This potential move, part of the transition...
Trump’s EV tax credit repeal, Ford fined $165M, Muñoz named Hyundai CEO
Top stories
Trump’s transition team eyes repeal of EV tax credit, sparking concerns for U.S. auto industry. Read More
Ford hit with $165 million fine over delayed recall of 600,000 vehicles. Read...
Weekly roundup: Stellantis faces strike threat, VW & Rivian partner on EV tech, UAW-GM deal averts Fort Wayne walkout
Earlier this week: Stellantis threatened a nationwide walkout after slashing 400 jobs. VW and Rivian forge a $5.8 billion partnership to accelerate digital tech and EV innovation. UAW and GM...
