Electric Vehicles

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Biden’s EV Tax Credits in the Crosshairs for Gutting if Trump Wins

A second Trump administration could tighten the rules for the $7,500 credits so fewer cars qualify Bloomberg News U.S. President Joe Biden’s EV tax credits could be on the chopping block if Donald Trump wins the presidential election at the end of this year. PHOTO BY THE ASSOCIATED PRESS It’s never been cheaper to buy an …

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What Lithium’s Roller-Coaster Ride Means for Miners

Bloomberg Since 2021, lithium prices have surged 10-fold, only to crash back to earth, wiping out billions of dollars in miners’ shares and forcing supply cuts. The ripple effects of this ride are only just beginning. The reversal of fortunes for the electric-vehicle battery metal has been nothing short of stunning. Its rapid ascent to a …

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Once Soaring EV Stocks Now Face a Bleak Future

Almost all electric vehicle stocks that listed in the past five years are now trading lower Bloomberg News Gone are the days of starry stock market debuts that sent valuations of electric-vehicle makers soaring. Now, floating an EV stock is only for the brave. A torrent of bad news for the sector this week confirms how far …

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Not So Fast! As Demand for Fast Deliveries Surges, the Industry Struggles on EV Transition

The cost of electric trucks and complications of charger installation hamper progress. The appetite for speedy package delivery is skyrocketing around the planet. Americans do more than 15% of their shopping online, with digital purchases of groceries, shoes, pet food and other goods quadrupling over the past decade to $1 trillion a year. Global e-commerce is expected …

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Biden Power Plant and EV Plans Hit a New Obstacle: Vulnerable Democrats

Moves could appeal to cost-sensitive voters in tight contests Pause on LNG export permits could stoke fresh outcry Vulnerable Democrats in swing states are increasingly sounding the alarm about Biden environmental policies that risk turning off cost-conscious moderate voters they need to win at the ballot box. The warnings pose an election year challenge for US President Joe …

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