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U.S. awards $3 billion for EV battery production

Seeking to counter China, US awards $3 billion for EV battery production in 14 states

The Biden administration is awarding $3 billion to U.S. companies to boost domestic production of advanced batteries and other materials used for electric vehicles, part of a continuing push to reduce China’s global dominance in battery production.

Newsweek on MSN · 21h

U.S. Awards $3 Billion for EV Battery Production to Counter China

The $3 Billion financial grants will fund 25 projects in 14 states, including election battleground states such as Michigan and North Carolina.

UPI News on MSN · 19h

Energy Department announces $3B to bolster advanced domestic battery manufacturing

More than $3 billion will go to 25 projects across 14 states to increase domestic production of advanced batteries, the U.S. Department of Energy announced Friday.

EU, China

EconoTimes · 7h

Tesla and BYD Win Big as EU and China Agree to Slash EV Import Tariffs

In a significant development, the EU and China have agreed to lower tariffs on electric vehicles, benefiting Tesla and BYD. The move follows intense discussions about pricing and potential subsidies impacting the

Bloomberg L.P. · 1d

Spain Hails China as Strategic Partner Ahead of EV Tariffs Vote

Europe needs China as a “strategic partner” in helping build the bloc’s electric vehicle industry, a top Spanish official said, echoing Prime Minister Pedro Sanchez’s position against EU plans to slap tariffs on Chinese cars.

Reuters on MSN · 2d

China says will negotiate 'until the last minute' on EU EV probe

China's commerce minister said on Wednesday that Beijing will continue to negotiate "until the last minute" on the European Union's electric vehicle probe, with the investigation undermining confidence of Chinese companies investing in Europe.

13hon MSN

Ford CEO's haunting visit to China triggered its radical EV shift

Ford executives shocked fans and skeptics by announcing radical changes to its electric vehicle strategy. In a series of ...

Digi Times1d

Why China-based automotive manufacturers are not worried about Biden's EV trade war

The Biden Administration announced in May that it would be increasing tariff rates on China-based products including ...

China Leaked Mini's EV Cooper JCW Before You're Supposed to See It

The Chinese Ministry of Industry and Information Technology (MIIT) has leaked Mini's upcoming JCW EV. The next-gen hot hatch ...

EconoTimes19h

Tesla Thrives in China While Media Overstates Germany’s EV Sales Decline

Despite the medias focus on a steep decline in German EV sales, Tesla is set to record its best quarter in China. As analysts ...

Germany's Habeck calls for political solution to EV tariff dispute with China

German Economy Minister Robert Habeck called for a political solution to a dispute between the European Union and China over ...

Interesting Engineering1h

Why carmakers are worried about China

Range anxiety has been a constant concern for EV owners. As car battery capacities increase, so do charging times. Now the world is racing for 10 minute or lower EV battery charging times, with ...

China, EU express political will to resolve differences on EV through consultations: MOFCOM

During their meeting, both sides expressed clearly their political will to resolve differences through consultations, ...

4don MSN

Mercedes-Benz Sells out of China EV Maker as Luxury Spending Drops

Mercedes-Benz Group sold its remaining 10% stake in premium EV and hybrid maker Denza to BYD in the wake of disappointing ...

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