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The Latest Breaking News from electric vehicle

Want to buy an EV? Here’s what you need to know about the Inflation Reduction Act

Opinion: At first glance, the revised EV tax credits seem like a smart move. Rapid and widespread adoption of electric vehicles will be essential for the United States to meet its climate goals.

Inverse

Tesla Brisk At Giga Shanghai, Musk Offloads More Shares, Canoo's Dwindling Cash Position, Nikola Names New Leadership: Week's Biggest EV Stories

Notwithstanding the broader market rally, electric vehicle stocks closed the week ending Aug. 12 on a mixed note. Market leader Tesla, Inc. (NASDAQ: TSLA) picked up momentum in the run-up to its stock split, which is set to take effect on Aug. 25.

Benzinga

Thousands of Irish drivers could be missing out on little known toll discount

Motorists who drive an electric vehicle can avail of a 50 per cent discount when passing through Irish tolls

Irish Mirror

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EV buses to service No 8 route

A fleet of electric vehicle (EV) buses will take over the route previously plied by the old No.8 buses which are ceasing operation, according to the Department of Land Transport (DLT).

Bangkok Post

Save More with Tax Credits for Energy-Efficient Home Improvements While You Still Can

Trump's new GOP tax bill ends many key energy tax credits for home improvements. Here's what you need to know.

Kiplinger

How do tax credits for electric cars work?

The Inflation Reduction Act expands eligibility for federal tax credits for electric vehicle owners

USAFacts

EU says US electric vehicle tax credit could break WTO rules

The European Union says a new U.S. tax credit plan aimed at encouraging Americans to buy electric vehicles could discriminate against European producers and break world trade rules

The Independent UK

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Northumberland electric vehicle charging firm launches creating new jobs

UK EV Power Connections will design and install charging stations

Birmingham Post

77 new stations: where you will be able to charge your electric car in Canberra

The ACT government has got more than it bargained for, with three companies to deliver 154 charging plugs in Canberra to make it easier to charge EVs.

The Canberra Times

Electric vehicle group Ideanomics creates 25 tech jobs in Newcastle

The technology division of the New York-listed firm is embarking on a recruitment drive

Birmingham Post

Autonomy Places $1.2 Billion Order For 23,000 EVs With 17 Carmakers

Tesla makes up more than one-third of the $1.2 billion order—$443 million for 8,300 vehicles—with GM coming second with $138.7 million for 3,400 vehicles.

InsideEVs

Illinois gearing up for significant investment in EV charging network along highways

The federal government will be delivering $5 billion over the next five years across the country — with Illinois receiving over $148 million — so states can build out electric vehicle charging infrastructure to support climate-friendly modes of transportation.

Chicago Sun-Times

Musk Sells Tesla Shares Worth $6.9 Billion, Cites Chance of Forced Twitter Deal

Tesla Inc Chief Executive Officer Elon Musk sold $6.9 billion worth of shares in the electric vehicle maker, saying the funds could be used to finance a potential Twitter deal if he loses a legal battle with the social media platform. "In the (hopefully unlikely) event that Twitter forces this…

Asharq Al-Awsat

Move Over Tesla? This Electric Vehicle Company Thinks It Can Do Robotaxis Better

As the market leader for electric vehicles, Tesla Inc (NASDAQ: TSLA) is being pursued by other electric vehicle upstarts and legacy automakers. An electric vehicle company backed by a leading search engine in China is the latest to call out its potential to one day pass Tesla.

Benzinga

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The Independent UK

Most electric vehicles won't qualify for federal tax credit

A tax credit of up to $7,500 could be used to defray the cost of an electric vehicle under the Inflation Reduction Act now moving toward final approval in Congress

InsideEVs

Tesla Reportedly Signs $5 Billion Nickel Supply Deal In Indonesia

According to a senior cabinet minister, Tesla signed a five-year contract with nickel processing companies operating out of Indonesia's Sulawesi island.

Benzinga

Could This Solar Company Get A Boost From Electric Vehicle Chargers?

One of the largest home solar companies is furthering its presence in the electric vehicle space with new Level 2 home chargers. Could the move help the company get a boost in the clean energy sector?

Reason

The Democrats' New Inflation Bill Includes Tax Credits for Electric Vehicles That Don't Exist

Even Democrats are criticizing the bill's unrealistic expectations.

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The Conversation

The climate bill could short-circuit EV tax credits, making qualifying for them nearly impossible

The U.S. Senate passed a far-reaching climate, energy and health care bill on Aug. 7, 2022, that invests an unprecedented US$370 billion in energy and climate programs over the next 10 years – including incentives to expand renewable energy and electric vehicles.

Motor1

Polestar 2 Is Stable But Not Very Fast In The Moose Test

The electric vehicle nails the slalom test, though.

The New Daily

‘Car park for clunkers’: Government urged to act on $5.9 billion petrol opportunity

The Albanese government is being urged to transform Australia from a “carpark for clunkers” into a destination for the latest electric vehicles.

Birmingham Post

Electric vehicle charging firm Zap-Map secures £9m in latest funding round

The company was valued at £26.3m following the raise

ABC News

Motorists could have saved $5.9bn on fuel if efficiency standards were introduced in 2015, The Australia Institute report finds

A report says Australian motorists could have saved $5.9 billion on fuel costs if efficiency standards were introduced in 2015. Let's have a look at what the paper says.

Motor1

Old Dacia Logan MCV Morphs Into Lada's First Electric Vehicle

The e-Largus is still a prototype but it will hit the road next year.

The Canberra Times

Car industry heading for a showdown on electric vehicles and transport emission

The war drums are beating on tougher emission standards with the car industry lobby preparing to commit millions to "shape" public debate and protect its members.

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