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Electric Vehicles

EV Tax Credits May Put Brakes on EV Adoption

Major automakers say the $430 billion bill approved Sunday by the U.S. Senate will put the brakes on achieving U.S. electric-vehicle adoption targets for 2030.

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GM Reports 40% Decline in Net Income

But the automaker remains bullish that stronger results are possible in the second half of the year.

Tesla Woes Improving

The EV automaker appears positioned for another growth phase as long as the global economy stays strong, analysts say.

EV Interest Grows as Gas Prices Rise

One-quarter of Americans say they will consider an electric vehicle for their next vehicle.

McLaren and Fisker Choose Chase for Branded Financing

McLaren and Fisker have branded their auto finance ventures and have them supported by Chase.

EV Prices Continue Upward Trend

CarGurus.com reveals the average listing price for a new electric vehicle stood just under $60,000 at the end of June, marking a 13% increase since February.

EU Countries Propose a Delay of the Ban on ICE Vehicles

Italy, Portugal, Slovakia, Bulgaria and Romania want to delay a EU plan to ban the sale of new gasoline and diesel-powered vehicles in 2035 by five years.

Volkswagen AG to List Porsche Automaker

The automaker will stick to its plan to list its Porsche sports-car maker later this year as to finance its pivot toward electric vehicles (EVs).

Honda and Sony Corp. Ink Deal for High Value EV Venture

Honda Motor Co. and Sony Corp. have entered agreement to set up a “high-value-added” electric vehicle venture under the name Sony Honda Mobility Inc.

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Automakers Urge Congress to Lift EV Tax Credit Cap

Automakers have urged Congress to lift a cap on the $7,500 electric vehicle tax credit.

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