Popular tax discount on electric vehicles could be phased out, just as petrol prices rise

Popular tax discount on electric vehicles could be phased out, just as petrol prices rise

Ending a tax exemption for electric vehicles could unfairly punish families outside major metropolitan areas who are dealing with longer commutes and are most likely to maximise the tax cut. The National Automotive Leasing and Salary Packaging Association issued the warning on Saturday, revealing the top 10 postcodes for motorists who had taken up the Electric Car Discount (ECD). Almost all of the vehicle hotspots were in outer suburban areas of New South Wales, Victoria, and Queensland, with so...
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BYD Might Have Just Solved the Biggest Problem With Electric Vehicles

BYD Might Have Just Solved the Biggest Problem With Electric Vehicles

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Honda Kills Three Electric Vehicles for U.S.

Honda Kills Three Electric Vehicles for U.S.

We should have seen this coming. Honda says it is cancelling three electric vehicles it had planned to build in the U.S., citing financial losses and slowing demand for EVs. The news from Japan is not surprising given that much-touted plans for its next-generation 0 Series of vehicles, including a plant to be built in Canada, had already undergone changes.Now Honda says it is cancelling the launch of the 0 Series SUV and the funky 0 Series sedan as, well as the Acura RSX. They were almost produc...
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Buyers eye electric vehicles as fuel prices soar

Buyers eye electric vehicles as fuel prices soar

Navigation for News Categories Car dealers say it’s the final push for some people to buy electric vehicles. Photo: AFP With fuel prices soaring, car dealers say it’s the final push for some people to buy electric vehicles. War between the US, Israel and Iran has created significant disruptions to the price and supply of fuel and oil around the world, particularly due to the closure of the crucial supply route through the Strait of Hormuz. News of petrol price instability has pushed...
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African Tech Rebound in February 2026: Funding Doubles to $346m as Electric Vehicles and Green Energy Lead the Way

African Tech Rebound in February 2026: Funding Doubles to $346m as Electric Vehicles and Green Energy Lead the Way

Investment in African startups surged in February 2026, with the continent’s tech ecosystem securing $346.9 million in a month defined by a pivot toward green technology and electric mobility. According to a funding report by Africa: The Big Deal, the total marks a dramatic recovery from the $174 million recorded in January. “This strong rebound suggests that while traditional financial services remain a pillar of the economy, investor appetite is rapidly diversifying into renewable energy a...
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Illinois Utility Announces New Round of Electric Vehicle Rebate Funding for Residents and Businesses

Illinois Utility Announces New Round of Electric Vehicle Rebate Funding for Residents and Businesses

After a year in which the Trump administration rolled back electric-vehicle rebates and funding programs, the largest electric utility in Illinois announced an additional rebate program of nearly $70 million to fund electric-vehicle infrastructure projects in northern Illinois.  Leaders of the Commonwealth Edison Co. (ComEd) promoted the program at a press conference ahead of the opening of the Chicago Auto Show last month. The 2026 program is part of a total investment of $168 million in ComEd...
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VinFast Signs MoUs to Supply 20,000 Electric Vehicles to Transportation Partners in Indonesia

VinFast Signs MoUs to Supply 20,000 Electric Vehicles to Transportation Partners in Indonesia

JAKARTA, INDONESIA – Media OutReach Newswire – 6 March 2026 – VinFast has signed two Memoranda of Understanding (MoUs) with transportation solution providers PT. Satu Kosong Tujuh and PT Sembilan Benua Abadi for the planned supply of a total of 20,000 VinFast electric vehicles by 2028. The agreements mark a significant milestone in VinFast’s strategy to expand its green mobility ecosystem in Indonesia, while reinforcing the Company’s credibility, market influence, and role in accelerat...
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Plenitude and Pininfarina partner to create a new design for electric vehicle charging areas

Plenitude and Pininfarina partner to create a new design for electric vehicle charging areas

Milan – WEBWIRE – Thursday, March 5, 2026 Plenitude, through its subsidiary Plenitude On The Road, has entered into a strategic partnership with Pininfarina to transform the design of the areas hosting its electric vehicle charging infrastructure. The collaboration aims to redefine future charging spaces by combining functionality, aesthetics, ease of use, transparency, and high‑quality services for electric mobility. The agreement provides for the design, development, and definition of a...
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Automotive Electric Motor for Electric Vehicle Market Growth Drivers Strengthen in Uncertain Times

Automotive Electric Motor for Electric Vehicle Market Size And Forecast The Automotive Electric Motor for Electric Vehicle Market, According to Reports Insights Consulting Pvt Ltd, The Automotive Electric Motor for Electric Vehicle Market is projected to grow at a Compound Annual Growth Rate (CAGR) of 23.8% between 2025 and 2033. The market is estimated at USD 18.5 Billion in 2025 and is projected to reach USD 95.7 Billion by the end of the forecast period in 2033. Download Free Sample PDF of t...
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AI breakthrough could replace rare earth magnets in electric vehicles

AI breakthrough could replace rare earth magnets in electric vehicles

Scientists at the University of New Hampshire are using artificial intelligence to speed up the search for advanced magnetic materials. Their work has produced a searchable resource containing 67,573 magnetic compounds, including 25 materials that had not previously been recognized as magnets capable of staying magnetic at high temperatures. “By accelerating the discovery of sustainable magnetic materials, we can reduce dependence on rare earth elements, lower the cost of electric vehicles...
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