SES AI, a U.S. maker of electric vehicle batteries, aims to bring its next-gen lithium metal batteries to market as early as 2026 and is turbocharging the drive through a new agreement to jointly build and test the technology with South Korea’s Hyundai Motor Group.
Source: autonews.com
Ahead of Xi visit, Chinese share of French EV market slumps
PARIS, (Reuters) – French government efforts to slow an influx of Chinese-made electric vehicles are bearing fruit, industry data show, highlighting one of the most sensitive trade issues when China’s president visits next week. A surge in imports of Chinese electric cars into Europe has triggered EU tariff threats, which are expected to be a bone of contention when President Emmanuel Macron hosts … [Read More...]
EU says information from three Chinese EV makers insufficient
BRUSSELS, (Reuters) – The European Commission has warned three Chinese electric vehicle makers that they have not supplied sufficient information for its anti-subsidy investigation, according to two people familiar with the case. If the Commission concludes that the provided information from sampled companies BYD, SAIC and Geely is insufficient, it could use evidence available elsewhere to compute … [Read More...]
Best Hybrid SUVs That Cost $35,000 to $45,000
Follow us today... With all the news of late about EVs beginning to look like not such a good deal despite what shoppers have previously been led to believe, consumers are taxed with either going with a hybrid car instead or sticking with a conventional gasoline-only vehicle. As it turns out, there really is no justifiable reason for not giving a hybrid car―especially … [Read More...]
Status of Uber, Lyft gig workers hinges on Massachusetts court fight
BOSTON, (Reuters) – Massachusetts has become the latest front in a years-long battle in the United States over whether ride-share drivers for Uber and Lyft should be treated as independent contractors or employees entitled to benefits and wage protections. The state’s top court is set to hear arguments on Monday over whether to let dueling ballot measures go before voters in November that would … [Read More...]
Up to 74% off on grills, griddles, BBQs, pizza ovens, air fryers, and cooking essentials for Way Day 2024
Autoblog may receive a share from purchases made via links on this page. Pricing and availability are subject to change. Wayfair has thousands of outdoor cooking options — from small portable electrical grills to massive six-burner units that you can connect directly to your home’s natural gas connection. They even have outdoor pizza ovens, smokers, griddles, and more. The sheer number of options … [Read More...]
China’s Zeekr seeks up to $5.13 bln valuation in US IPO
(Reuters) – Electric vehicle maker Zeekr Intelligent Technology Holding said on Friday it was targeting a valuation of up to $5.13 billion in its U.S. initial public offering (IPO), the first major floatation of a China-based company in more than two years. Zeekr is looking to raise up to $367.5 million by selling 17.5 million American depositary shares (ADSs) priced between $18 and $21 each. The … [Read More...]
Automakers win extension on use of Chinese graphite in EV tax credits
WASHINGTON, (Reuters) – The U.S. Treasury Department on Friday gave automakers additional flexibility on battery mineral requirements for electric vehicle tax credits on some crucial trace minerals from China, such as graphite. The department said it would give automakers until 2027 to remove some hard-to-trace minerals like graphite contained in anode materials and critical minerals contained in … [Read More...]
With The Subaru Outback It’s Too Little Too Late
Follow us today... The Subaru Outback is a top model for Subaru of America (SOA) and is about to undergo a complete overhaul. Before I explain why it's the next most important new model launch, let's look at what's happening with the midsize SUV now. SOA reported that they delivered 13,131 Outbacks to customers in April. However, sales of the model dropped 14 percent … [Read More...]
Tesla vs Tesla: US carmaker sues Indian namesake for copying trademark
NEW DELHI, (Reuters) – Elon Musk’s carmaker Tesla has sued an Indian battery maker for infringing its trademark by using the brand name “Tesla Power” to promote its products, seeking damages and a permanent injunction against the company from a New Delhi judge. Tesla in a hearing at the Delhi High Court this week said the Indian company had continued advertising its products with the “Tesla Power” … [Read More...]
Zeekr aims to raise up to $368 million in U.S. IPO
Zeekr founder and Chairman Shufu Li, according to a U.S. filing, will control almost 75 percent of the shareholder voting power in the company after the IPO. Source: autonews.com … [Read More...]