A worker checks the quality of a car just before rolling off the assembly line at the production workshop of SAIC Typical Motors Wuling in Qingdao, East China’s Shandong province,…
Tag: business
EV startup Arrival to refocus business on electric vans for the U.S. market
In 2018, fledgling EV maker Arrival partnered with UPS to make a new era of electric supply vans, starting with a pilot fleet of 35 autos, for use in both…
The $40,000 electric vehicle business tax credit may be easy to get
Electrical buses at a charging station. Koiguo | Minute | Getty Photographs Furthermore, the tax credit for bigger vehicles is really worth far more cash — up to $40,000 in…
Biden’s EV tax credit rules deal ‘astronomical’ blow to business
DETROIT – The Biden administration’s elimination of tax credits for imported electric motor vehicles deals a large blow to Hyundai Motor’s small business, an executive for the automaker stated Wednesday.…
Stellantis announces ‘Circular Economy’ business to drive revenue, decarbonization
Stellantis has currently announced its options to achieve web-zero carbon emissions by 2038. Today, the automaker has announced a new enterprise device to enable it access that target when generating…
Tesla supplier CATL evaluating battery swapping business overseas
CATL is the world’s major electric powered vehicle battery maker and provider to the likes of Tesla and Ford. Pavlo Gonchar | Sopa Illustrations or photos | Lightrocket | Getty…
Volkswagen undervalued but battery business will help, shareholder says
BERLIN — Reduce Saxony, Volkswagen’s 2nd-major shareholder, sights the carmaker as undervalued but believes its rising battery enterprise could raise its valuation, the state’s key minister claimed on Friday. As…
YouTube appoints Mary Ellen Coe as Chief Business Officer, following departure of Robert Kyncl
Robert Kyncl, world head of articles at YouTube Inc. Patrick T. Fallon | Bloomberg | Getty Pictures Very long-time YouTube govt Robert Kyncl announced on Monday he’s departing the dominant…
Volvo Group plans to build battery plant for truck business
OSLO — Swedish truck maker Volvo Group plans to build a large-scale manufacturing plant for battery cells, little by little developing it up towards 2030 to fulfill a rising demand…
VW, partners to invest over $20 billion in car battery business
SALZGITTER, Germany — Volkswagen reported on Thursday it would invest more than 20 billion euros ($20.38 billion) in a battery cell business enterprise jointly with companions, producing 20,000 positions and…