South Korean officials have established a “bilateral engagement channel” with U.S. counterparts to resolve issues stemming from the Inflation Reduction Act. Go to Source
Author: CNBC Online news
Tesla adds Airbnb co-founder Joe Gebbia to board
Tesla adds Airbnb cofounder Joe Gebbia to board Go to Source
Ford’s fundamentals remain strong, despite CEO’s recession worries, productions snags
The Investing Club thinks Ford (F) has what it takes to navigate macroeconomic headwinds and supply disruptions. Go to Source
Ford unveils new F-Series Super Duty trucks designed to boost its commercial, software services businesses
Ford is redesigning a pivotal product lineup, leaning on new software and connected data metrics, to boost profits in its commercial vehicle business. Go to Source
GM delays return-to-office mandate after employee backlash
The company on Friday said corporate workers would be required to return to physical locations at least three days a week, beginning later this year. Go to Source
All 50 states get green light to build EV charging stations covering 75,000 miles of highways
States are approved to build a network of EV charging stations along designated alternative fuel corridors on the national highway system. Go to Source
Hertz is teaming up with oil giant BP to install thousands of EV chargers in the U.S.
BP’s fleet-charging unit will help Hertz manage its growing fleet of EVs, with chargers that will be available to the public as well. Go to Source
EV charge points in Britain are now nearly as expensive as gasoline, research shows
RAC says the increase is down to the “soaring costs” of wholesale gas and electricity. Go to Source
China’s flood of new electric cars cost 20% more to insure than fuel-powered cars
While Chinese companies churn out new electric cars, local insurance firms think they’re more expensive to cover. Go to Source
Chinese EV maker Li Auto falls after it cuts delivery outlook; Beijing extends tax breaks for electric cars
Li Auto said the cut to its forecast is a “direct consequence of the supply chain constraint.” Meanwhile, China extended a tax break for electric car purchases. Go to Source