U.S. awards $3 billion for EV battery production
U.S. Awards $3 Billion for EV Battery Production to Counter China
The $3 Billion financial grants will fund 25 projects in 14 states, including election battleground states such as Michigan and North Carolina.
Seeking to counter China, US awards $3 billion for EV battery production in 14 states
The Biden administration is awarding $3 billion to U.S. companies to boost domestic production of advanced batteries and other materials used for electric vehicles, part of a continuing push to reduce China’s global dominance in battery production.
EV Batteries With Nickel Get Boost in China After Prices Retreat
China’s electric-vehicle market is offering a tentative challenge to the shift toward batteries with no nickel or cobalt.
Seeking to counter China, US awards USD 3 bn for EV battery production in 14 states
The grants announced Friday mark the second round of EV battery funding under the bipartisan infrastructure law approved in 2021. An earlier round allocated USD 1.8 billion for 14 projects that are ongoing.
US to award $3 billion to 25 projects for battery manufacturing sector
The U.S. Energy Department said Friday it plans to award $3 billion to 25 battery manufacturing sector projects in 14 states as the Biden administration works to shift the supply chain away from China.
Michigan getting $355 million for EV battery projects in these communities
The funds are among $3 billion being distributed nationally as the Biden administration seeks to dethrone China as the world's top battery maker.
DoE awards $3B for 25 projects to boost U.S. battery production
The Biden administration said Friday it is awarding more than $3B to 25 battery manufacturing projects in 14 states in an effort to boost domestic production of critical materials used for electric vehicles and shift the supply chain away from China.
EU, China
Radio France Internationale11m
EU, China hold 'constructive' talks on EV tariffs
Wang also spoke to businesses in the EV sector on Wednesday in Brussels after which he said in a statement that China ...
Ford CEO's haunting visit to China triggered its radical EV shift
Ford executives shocked fans and skeptics by announcing radical changes to its electric vehicle strategy. In a series of ...
Digi Times8h
Why China-based automotive manufacturers are not worried about Biden's EV trade war
The Biden Administration announced in May that it would be increasing tariff rates on China-based products including ...
Mercedes, BMW Flash Warning Lights on China
Top-end German carmakers have joined expensive French handbags among the products hit by weak consumer sentiment in the ...
China, EU express political will to resolve differences on EV through consultations: MOFCOM
During their meeting, both sides expressed clearly their political will to resolve differences through consultations, ...
EV tariffs will damage Germany, China, says Chinese commerce minister
China's commerce minister said the European Union's imposition of tariffs on electric vehicles (EV) will "seriously interfere ...
Mercedes-Benz Sells out of China EV Maker as Luxury Spending Drops
Mercedes-Benz Group sold its remaining 10% stake in premium EV and hybrid maker Denza to BYD in the wake of disappointing ...
Electrek1d
BYD’s $10,000 Seagull EV was the top-selling car in China last month
The Seagull is already sitting atop the sales charts in China. After a record-breaking August, BYD topped one million EV sales in 2024. The company sold a record over 373,000 new energy vehicles ...