Italy investigates four electric vehicle makers over consumer information

Italy investigates four electric vehicle makers over consumer information

A Prima 500 electric car manufactured by Italian car maker Fiat. Photo by Marco Bertorello / AFP Italy’s competition watchdog said on Friday it was investigating four electric vehicle makers, including Tesla and Stellantis, over alleged unfair commercial practices linked to “contradictory” information given to consumers. The four separate probes are targeted at BYD Industria Italia, Stellantis Europe, Tesla Italy and Volkswagen Group Italia – all Italian or European subsidiar...
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Hertz absorbed a massive loss after electric vehicle fire sale

Hertz absorbed a massive loss after electric vehicle fire sale

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Trump administration pauses $3 billion marked for electric vehicle charging stations

Trump administration pauses $3 billion marked for electric vehicle charging stations

An electric car charges at a mall parking lot on June 27, 2022 in Corte Madera, California. Justin Sullivan/Getty Images North America hide caption toggle caption Justin Sullivan/Getty Images North America The Trump administration has paused a federal clean energy program to expand the country’s network of electric vehicle charging stations, putting in limbo billions of dollars allocated to states with current and future projects for the foreseeable future. In a memo released Thursday, the...
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Trump Halts Funding to Build More Electric Vehicle Chargers Nationwide

Trump Halts Funding to Build More Electric Vehicle Chargers Nationwide

February 7, 2025 3 min read The Trump administration has halted funding for a $5-billion program that Congress created to help states build out their electric vehicle charging network By Mike Lee & E&E News An electric vehicle at an Electrify America charging station in Atlanta, Ga. Megan Varner/Bloomberg via Getty Images CLIMATEWIRE | The Trump administration has frozen funding for a $5 billion program to build a nationwide network of electric vehicle charging stations. The Federal Hi...
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Feds Halt the National Electric Vehicle Charging Program

Feds Halt the National Electric Vehicle Charging Program

The US Department of Transportation has ordered states to kill their implementation plans related to the National Electric Vehicle Infrastructure program, according to a memo obtained by WIRED that was later made public. The decision appears to halt in its tracks a $5 billion program designed to fund state projects to install electric vehicle charging stations across the United States. Officials at the Federal Highway Administration (FHWA), which manages the program, ordered state transportation...
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Ford shares slide as automaker forecasts weaker growth, further losses for electric vehicle unit

Ford shares slide as automaker forecasts weaker growth, further losses for electric vehicle unit

Ford Motor Co. is forecasting weaker earnings growth for this year and further losses in its electric vehicles business as it works to control costs ByALEX VEIGA AP business writer February 5, 2025, 6:02 PM Ford Motor Co. is forecasting weaker earnings growth for this year and further losses in its electric vehicles business as it works to control costs. The automaker said Wednesday that it expects its full-year adjusted pretax income to range between $7 billion and $8.5 billion. The companyR...
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Egypt’s Electric Vehicle Future: Potential and Challenges Ahead

Egypt’s Electric Vehicle Future: Potential and Challenges Ahead

As Egypt moves towards using electric vehicles (EVs), it faces both ambitions and challenges that highlight its readiness for this transition. Ranked 28th in the Global Electric Mobility Readiness Index (GEMRIX) 2023, Egypt has been classified as a “starter market” with a score of 32 out of 100, placing it 10th among 13 countries in the MENA region.  Egypt’s ranking highlights the country’s ambitious and promising EV landscape, marked by government initiatives aimed at fostering a more...
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Another Delay For The Aston Martin Electric Vehicle?

Another Delay For The Aston Martin Electric Vehicle?

Aston Martin affirms its commitment to releasing an electric model but has yet to announce a specific launch date. Consequently, interested buyers will need to wait several more years for the Aston Martin electric vehicle (EV). Canadian businessman and co-owner Lawrence Stroll indicated two years ago that the inaugural electric Aston Martin would arrive in 2025. However, the company subsequently postponed the launch to 2026, and in April of last year, it was suggested that the arrival might be p...
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Pan Jian, Co-Chairman of CATL: China’s Electric Vehicles Are Transitioning from “EV” to “EIV”

Pan Jian, Co-Chairman of CATL: China’s Electric Vehicles Are Transitioning from “EV” to “EIV”

In the Chinese automotive industry, the traditional term ‘EV (electric vehicle)’ has been replaced by the new term ‘EIV (electric intelligent vehicle)’. Pan Jian, co-chairman of CATL, proposed this view at the World Economic Forum annual meeting in Davos, Switzerland. Pan Jian explained: “‘I’ represents intelligent.” Pan Jian believes that the rapid growth of China’s electric vehicle market is due to the perfect integration of ‘electric’ and ‘intelligent’. “Electricit...
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Opinion: Electric Vehicle rebate program failed, but will it be expanded anyway?

Opinion: Electric Vehicle rebate program failed, but will it be expanded anyway?

Date: Thursday, January 30, 2025 Washington’s EV rebate program fell short, delivering just one cent of environmental benefit per dollar spent, raising questions about its future expansion. For every $1 of subsidy from Washington’s taxpayers – who care deeply about the environment — for every dollar spent, taxpayers received just over a penny’s worth of environmental benefit David BozeWashington Policy Center The Washington Policy Center released an analysis of the data from our state...
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