Ben Hasty | MediaNews Group/Reading Eagle via Getty Images The Treasury Department on Friday proposed new rules for determining which EVs will be eligible for tax credits under the new “critical mineral” and battery component requirements included in last year’s Inflation Reduction Act. While the Treasury Department hasn’t yet said which vehicles are eligible for… Continue reading EV tax credit rules are about to get a lot more complicated
Category: US Motoring Press
Xpeng expands assisted driving tech coverage to Shanghai, something Tesla doesn’t offer in China
Xpeng showroom in Beijing showing the P7 electric sedan. Vcg | Visual China Group | Getty Images SHANGHAI — Chinese electric car company Xpeng announced Friday it will be rolling out its latest assisted driving software to users in the metropolis of Shanghai, something its U.S. rival Tesla does not offer in China. Previously the… Continue reading Xpeng expands assisted driving tech coverage to Shanghai, something Tesla doesn’t offer in China
Magna planning new $100M Auburn Hills EV seating plant with 500 jobs
Magna International Inc. is planning a new plant in Auburn Hills that would supply seats for future General Motors Co. electric vehicles, the Canadian auto supplier said on Thursday. The potentially more than $100 million investment is expected to create 500 new jobs, spokeswoman Tracy Fuerst said in a statement. It would replace the former… Continue reading Magna planning new $100M Auburn Hills EV seating plant with 500 jobs
‘Under attack’: UAW leaders decry potential layoffs at Sterling Heights
Local United Auto Workers leaders representing employees at the Ram 1500 pickup assembly plant in Sterling Heights are decrying efforts by Stellantis NV that they say will cut and combine jobs and likely will result in layoffs. During an emergency meeting earlier this week, the plant’s management informed the UAW’s plant committee that it plans… Continue reading ‘Under attack’: UAW leaders decry potential layoffs at Sterling Heights
GM changes infotainment strategy for future EVs
General Motors Co. on Friday said it’s moving away from using the phone projection systems of Apple CarPlay and Android Auto. Instead, the Detroit automaker plans to use infotainment systems developed with Google on future electric vehicles. The system will be integrated with applications such as Google Maps, Google Assistant, Audible, Spotify and others. The… Continue reading GM changes infotainment strategy for future EVs
Price cuts driving surging demand for Tesla models, company shares
Tesla Inc. shares are set to mark their best-ever start to a year, buoyed by price cuts across the electric-vehicle maker’s lineup in a bid to boost sales. Investors will soon discover if all the enthusiasm was justified. The Elon Musk-led carmaker is expected to announce quarterly delivery and production figures in early April, providing… Continue reading Price cuts driving surging demand for Tesla models, company shares
Europe’s embryonic lithium mining industry digs deeper to meet demand
For 47 years, a chemicals producer in London’s commuter belt has been running a small lithium refinery that’s the only one of its kind in Europe. Now Leverton Lithium is expanding as the rush to secure supplies of the key battery metal intensifies. The pivotal role of lithium-ion batteries in the electric-vehicle revolution is driving… Continue reading Europe’s embryonic lithium mining industry digs deeper to meet demand
New Gordon Murray T33 Spider to be revealed on 4 April
Gordon Murray Automotive (GMA) has announced it will build a convertible version of the T33 supercar, which will be revealed on 4 April. An official concept sketch reveals that the T33 Spider retains the coupé’s 609bhp 3.9-litre V12, which is an adapted version of the Cosworth-designed powerplant used in the T50 hypercar. The Spider is expected… Continue reading New Gordon Murray T33 Spider to be revealed on 4 April
New 2024 Maserati Quattroporte EV ramps up luxury appeal
The next-generation Maserati Quattroporte is about to be signed off ahead of its launch in 2024, when it will go on sale as a smaller, more luxurious and electric-only replacement for both the current V8 car and its Ghibli sibling. Based on the STLA architecture that will underpin all future EVs from Maserati (and most… Continue reading New 2024 Maserati Quattroporte EV ramps up luxury appeal
Mazda CX-60 3.3 e-Skyactiv D AWD
Never change, Mazda. This is the firm that appropriated the British roadster, saving it from extinction, and that championed the rotary engine so dedicatedly that when it plumbed one into a Group C racer, victory at Le Mans followed. Quite incredible. Yet 2023 might just bring the most iconoclastic move in its long history. While… Continue reading Mazda CX-60 3.3 e-Skyactiv D AWD