Ford says it is "following the customer" in discontinuing its large electric pickup, which was well-received but never profitable. Ford will keep the Lightning name alive as a plug-in hybrid.
A $7,500 tax credit is available for the lease or purchase of many electric vehicles — but only if contracts are inked by midnight on Sept. 30. The result: The market for EVs is a little distorted.
State leaders gathered for the groundbreaking of the 2000-acre Rivian electric vehicle factory east of Atlanta. Speakers at the ceremony included Gov. Brian Kemp, Newton County officials, and Rivian founder RJ Scaringe.
A proposed plant in Fort Valley, Ga., is moving ahead, a Florida businessman said, but electric vehicle factories in Oklahoma and Arkansas appear dead.
A federal EV tax credit worth up to $7,500 ends Sept. 30. But the IRS has just clarified that shoppers don't need to actually have the keys in hand by the deadline to get the credit.
Transportation Secretary Sean Duffy says he doesn't agree with federal subsidies for high-speed EV chargers, but that his department "will respect Congress' will" and release the funds.
Ford announced it will retool its Louisville Assembly Plant to focus on electric trucks. Its goal: to bring down prices for U.S. buyers and compete with Chinese EV makers on the global market.
As the Senate debates the giant tax and spending bill, lawmakers are weighing a Sept. 30 end date for the EV tax credits. The bill still needs to pass the Senate and then go through reconciliation.
Congress designated money for building new EV chargers, but the Trump administration put a freeze on those funds. A federal judge issued a preliminary injunction ordering the program to resume.
The car you drive years in the future might run off a battery being invented in a lab today. Companies in China and the United States are racing to perfect and scale up next-generation technologies.
