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The 2024 election's impact on automotive industry could shift EV policies, affecting investments, regulations, and global competitiveness.

2024 presidential race could radically shift the U.S. auto industry

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The 2024 Presidential election, a potential Biden-Trump rematch, could profoundly impact the automotive industry, particularly in environmental policy and EV transition. A shift in leadership...
Hyundai is offering cash bonuses up to $7,500 for Ioniq 5, Ioniq 6, and Kona Electric to stay competitive with other EV makers.

Hyundai matches EV tax credits with $7,500 cash bonus

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Hyundai is attempting to maintain its competitiveness with automakers eligible for tax credits under President Joe Biden's Inflation Reduction Act by offering up to...
Toranto-based Li-Cycle dropped almost 50% following the company pausing to build a first-of-its-kind lithium-ion battery recycling plant. 

Biden-backed battery recycler halts construction on new plant

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The share price of Toronto-based Li-Cycle Holdings Corp., which is expected to receive support from the Biden administration, dropped almost 50% when the company...
President Biden addresses the UAW's landmark strike against Detroit's Big Three, urging continued negotiations and understanding.

President Biden speaks on historic UAW strike against Detroit’s Big 3

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Around midday on Friday, September 15, President Joe Biden delivered remarks at the White House addressing the United Auto Workers (UAW) union strike....
GM emissions

GM fears new emissions rules may cost the industry billions, Biden...

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General Motors has expressed concerns that the Biden Administration's proposed modifications to car emissions regulations might result in hundreds of billions of dollars in...
EV one-third

New poll finds one-third of Americans consider buying an EV for...

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A recent survey found that almost one-third of all U.S. buyers would consider purchasing an EV as their next vehicle model. According to a...
EV Infrastructure, EV sales

Why the auto industry is torn over EV infrastructure

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Mark LaNeve is the president of Charge Enterprises, a company specializing in EV infrastructure solutions, and a former executive at automakers GM and Ford....
negotiations tax credits

Negotiations between the US and EU will have a status to...

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After encountering months of international criticism over his administration’s Inflation Reduction Act, President Biden is set to enter negotiations with the President of the...
used EV prices

Used EV prices fell in January in response to $4,000 tax...

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Used electric vehicle values continued to decline in January, as sellers lowered their prices to accommodate tax credit eligibility requirements set in the Biden...
Biden plan, chargers

Tesla commits to opening up 7,500 chargers to other EVs under...

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The Biden administration released the long-awaited final regulations for its nationwide network of EV chargers, stipulating that the charges must be manufactured in the...