Senate deal includes EV tax credits sought by GM, Tesla, Toyota

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China L2/L2+ Smart Car Audio Market Report 2022 Featuring Key OEMs and Major Audio Suppliers

DUBLIN, July 28, 2022 /PRNewswire/ — The “China L2/L2+ Smart Car Audio Market Report, 2022” report has been added to ResearchAndMarkets.com’s offering. Car audio research: Ranking of L2+ smart car audio suppliers by market share The National Development and Reform Commission has upgraded the development of intelligent vehicles to a national strategy as early as 2018.… Continue reading China L2/L2+ Smart Car Audio Market Report 2022 Featuring Key OEMs and Major Audio Suppliers

PG&E and Tesla to create giant “distributed battery” to support the electric grid

Pacific Gas and Electric (PG&E) and Tesla have launched a pilot program that will combine thousands of Powerwall home battery systems to create a “virtual power plant” or “distributed battery.” Tesla has invited some 25,000 PG&E customers with Powerwalls to join the program. PG&E residential customers are eligible for the program if they own a… Continue reading PG&E and Tesla to create giant “distributed battery” to support the electric grid

Senate deal would revive EV tax credits for GM, Tesla and Toyota

Automakers might just get the EV tax credit extension they’ve been hoping for. Bloomberg and InsideEVs claim Senators Chuck Schumer and Joe Manchin have reached an agreement on the Inflation Reduction Act that would replace the 200,000-unit cap on federal EV tax credits with a system that would restore those perks for GM, Tesla and… Continue reading Senate deal would revive EV tax credits for GM, Tesla and Toyota

EV tax credits are back — and bigger — in new Senate climate bill

Senator Joe Manchin has had a change of heart about electric vehicles. The West Virginia Democrat, who previously described federal tax credits for EVs as “ludicrous,” announced a surprise deal with Senate Majority Leader Chuck Schumer on a reconciliation package that includes $369 billion for climate and energy measures aimed at slashing carbon emissions by… Continue reading EV tax credits are back — and bigger — in new Senate climate bill

German Manager Magazin: Herbert Diess and Volkswagen’s e-car offensive – what remains after four and a half years001946

Herbert Diess (63) was ultimately eliminated from Volkswagen mainly because of numerous problems at the software subsidiary Cariad. But before he wanted to convert the Wolfsburg carmaker into a digital group, he had initiated a different transformation in the first phase of his work at Volkswagen – away from combustion engines and towards electromobility. How… Continue reading German Manager Magazin: Herbert Diess and Volkswagen’s e-car offensive – what remains after four and a half years001946

Panasonic posts 39% drop in Q1 operating profit, misses estimate, article with image

A man is seen next to a Panasonic logo at Panasonic Center in Tokyo, Japan, February 2, 2017. REUTERS/Kim Kyung-Hoon/File Photo Register now for FREE unlimited access to Reuters.com Register TOKYO, July 28 (Reuters) – Japan’s Panasonic Holdings Corp (6752.T), whose energy unit supplies batteries to Tesla (TSLA.O), reported a 39% drop in first-quarter profit… Continue reading Panasonic posts 39% drop in Q1 operating profit, misses estimate, article with image