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Stellantis, the automotive giant born from the merger of FCA and PSA, is grappling with some serious challenges in the European market. Regulators are pushing for more electric vehicle (EV) sales, but governments are cutting back on incentives, making it tough for automakers to meet emission targets without facing hefty fines. This situation is putting…
China’s top trade official, Wang Wentao, is on a mission to sway EU trade boss Valdis Dombrovskis and prevent hefty duties on Chinese electric vehicle (EV) imports. However, his whistle-stop tour of European capitals might hit a roadblock in Brussels, as tensions escalate over nearly a year of tit-for-tat trade retaliation. The stakes are high,…
Italy’s Prime Minister, Giorgia Meloni, has criticized the EU’s ban on the sale of new fossil fuel-powered car engines after 2035, calling it a “self-destructive” policy. In her address to the Italian industrial association Confindustria, Meloni argued that the “forced conversion” to electric vehicles (EVs) could lead to significant job losses and the dismantling of…
The Biden administration is making moves to clear up how homeowners and businesses can get their hands on some serious tax credits for installing electric vehicle (EV) chargers. The Treasury Department proposed a new rule on Wednesday that could make credits worth up to $1,000 for individuals and a whopping $100,000 for businesses available for…
In a big win for electric vehicle (EV) owners, General Motors (GM) and Tesla have teamed up to open over 17,800 Superchargers in the U.S. and Canada to owners of Chevy, GMC, and Cadillac EVs. This move gives GM EV owners access to one of the most reliable fast-charging networks in the nation, joining Ford…
German auto supplier Bosch’s CEO, Stefan Hartung, expects minimal growth in global car and commercial vehicle markets this year and next, according to a recent interview with Reuters. Hartung noted that the demand for cars is lower than the industry anticipated five years ago, with Europe expected to produce a few million fewer cars than…
A powerful coalition, including tech giant Microsoft, beverage giant PepsiCo, and logistics heavyweights Maersk, DB Schenker, and AIT Worldwide, is leading the charge to electrify the Interstate 10 trucking corridor. Their focus? Developing charging infrastructure for longhaul battery-electric trucks between Los Angeles and El Paso, Texas. This route links the nation’s busiest ports to the…
In a move that’s clearing the air and quieting city streets, London’s ultra-low emissions zone has an unexpected benefit: it’s getting kids to walk and bike to school more. A study by researchers at the University of Cambridge and Queen Mary University found that two out of every five London students switched from passive to…
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