“Eligibility for the critical minerals credit must prioritize domestic producers.” On Wednesday, US senators sent a bipartisan letter to the US departments of Treasury, Trade and Energy expressing “several concerns” regarding a potential critical mineral free trade agreement between the US and Indonesia: “Minerals and metals from Indonesia currently enjoy full access to the US…
Tokyo’s re-imagined car expo wants to electrify Japanese automakers – and global EV buyers Tokyo’s bi-annual auto show is back for the first time since 2019 and, like its counterpart in Munich, has broadened its scope to encompass all forms of mobility as Japanese carmakers attempt to catch up to rivals in the EV market. …
Model Y and Model 3 now much cheaper than average US gas-powered vehicle The average American paid $47,899 to get behind the wheel of a new car in September. That’s a full $552 cheaper than August and the lowest in more than a year according to Kelley Blue Book, a California-based vehicle valuation company. Average…
Mooted rules score an EV based on how much energy is used to produce materials, assemble it, and transport it to the market Italy is looking into a changes to its electric car subsidy rules that would take into account the emissions involved in their production and transportation, according to a Reuters report. These new…
Automakers are increasing average battery pack capacity across the board, led by PHEVs During the first seven months of 2023, just shy of 41 GWh of fresh battery capacity were deployed onto roads globally in newly sold plug-in hybrids (PHEVs). The annual figure is likely to roar past the 80 GWh bar – after all,…
Most Chinese EV exports to Europe this year were non-Chinese brands On Wednesday, China said it was “very much dissatisfied” at a demand by the European Union to start talks within a “very short” time (15 days to register and 37 days for comments) on the bloc’s inquiry into the country’s assistance of its electric…
France’s new subsidy regime was announced only a few days after the EU launched an investigation into what it calls unfair competition from Chinese electric carmakers. The new rules from Paris, which come into effect in December, may serve as a template for the EU response to Chinese exports to the continent. France has redefined the…
Production pause preceded by government subsidy cuts, soft demand In the first two weeks of October, Volkswagen will stop making two of its most popular electric passenger vehicles in Germany, according to a Reuters report. The world’s no 2 automaker, just behind Japan’s Toyota in terms of production capacity, said demand has been soft partly…
US LFP penetration is single digits, all thanks to the Model 3; in China it’s 50% Ford Motor’s decision Monday to halt construction of its massive BlueOval Battery Park in Michigan, barely seven months after announcing the $3.5 billion project, shows us the limitations and unintended consequences of the Inflation Reduction Action (IRA), the most…
Japan makes critical minerals deal as its automakers fall behind on electrification Canada and Japan agreed to “work more closely together” on battery supply chains, the Canadian government said in a statement on last week. The two sides signed the memorandum of cooperation during a visit by Japanese Industry Minister Yasutoshi Nishimura. “As worldwide demand…
