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Northvolt, an electric vehicle (EV) battery maker that was once one of Europe’s best-funded start-ups, filed for bankruptcy in its home country, Sweden. The company had contributed 76 gigawatt hours to the region’s gigafactory pipeline. Its failure reduces European-owned cell production capacity to 30% of Europe’s 2030 pipeline, benefiting Asian producers and raising doubts about the viability […]
On this episode of The Unregulated Podcast Tom Pyle and Mike McKenna give their takes on the latest hot takes on the 2024 election. As the race for the White House comes down the home stretch nothing is off the table. Links: Stay Connected With The Show:
Construction of U.S. solar-manufacturing plants by Chinese companies is surging, putting China in position to dominate the industry, as other American factories struggle to compete despite federal subsidies. Chinese companies will have at least 20 gigawatts’ worth of annual solar panel production capacity on U.S. soil within the next year, enough to serve about half the U.S. market. The […]
The Biden administration will allow consumers to get up to $7,500 on tax credits for electric vehicles containing Chinese graphite through 2026–a two-year extension, making it easier for car manufacturers to make and sell vehicles eligible for the tax credit. The Treasury Department published final rules governing the tax credits, which are designed to encourage EV production and push […]
A made-in-China electric vehicle will arrive at U.S. dealers this summer offering power and efficiency similar to the Tesla Model Y, with sticker price of about $8,000 less. The $35,000 window sticker of Volvo’s compact SUV (the EX30)–a five-seater electric SUV that will have a 275-mile driving range and a five-second 0-60 mile-per-hour time–will provide a more affordable electric […]
Biden’s policies of forcing electric vehicles on the American public and domestic auto manufacturers through regulations and standards is playing into China’s hands. China, with few oil and gas resources of its own, has found electric vehicles to be a way to dominate the world’s auto market. China achieved number one ranking in EV sales […]
WASHINGTON DC (03/20/2024) – Today, the Biden administration finalized a gas-powered vehicle ban that aims to remake the transportation sector and fundamentally upend the American way of life. The regulation mandates electric vehicle adoption by requiring 67 percent of new light-duty and 46 percent of new medium-duty vehicle sales to be EVs by 2032. It […]
Western carmakers in the United States and Europe have been warning about the threat of Chinese rivals upending their markets. This threat exists because the politicians in these countries have forced automakers to go electric before they were financially and technically ready to do so. President Biden, who has elevated China’s dominant role in the […]
BYD, China’s largest EV auto maker, which recently surpassed Tesla as the world’s biggest seller of electric vehicles, is reviewing potential locations for a plant in Mexico that would allow it to bring its low-cost electric vehicles into the United States. Mexico offers close proximity to U.S. markets, relatively low labor costs and the opportunity to take […]
WASHINGTON DC (01/18/2024) – In advance of today’s Senate Environment & Public Works Committee markup of S. 1863, the PROVE IT Act of 2023, a coalition of more than 40 organizations sent a letter urging Congress to reject the legislation. The PROVE IT Act directs the U.S. Department of Energy to set up the necessary […]