Russian nickel production is vital to the production of electric-vehicle batteries, and the invasion of Ukraine has added to the agitation of electric-vehicle makers about the supply of nickel. However, Tesla Inc. had been searching the world for nickel since 2021, establishing deals with multiple suppliers. Mining giant Vale SA has signed a multiyear supply agreement. There hasn’t been an official announcement of the arrangement, but those acquainted with the situation say that it covers nickel from Canada. To differentiate itself from the competition, Tesla has spent several years figuring out how to get its own nickel. Elon Musk, Tesla’s…
Author: hendfares88
If our present economy and supply chain were functioning normally, we would be seeing a dramatic increase in consumer adoption of electric vehicles as a result of the recent gas price spike. While the cost premium associated with purchasing an EV continues to be a barrier to mainstream adoption, customers tend to think in terms of the monthly impact on their wallet. At $4.25 per gallon, a Ford F-150 owner driving 15,000 miles per year would pay $3,350 in annual gas costs, or almost $275 per month. On a psychological level, the idea of eliminating a significant portion of that…
“WASHINGTON Major US and international manufacturers approved the EPA’s new stricter car emissions requirements on Wednesday, despite legal challenges by several states and ethanol organisations. Texas and 15 other states have challenged the EPA’s auto emissions standards that overturn former President Donald Trump’s tailpipe restrictions. In a court brief, the Alliance for Automotive Innovation claimed the EPA regulation “would test the industry” but gives manufacturers “critically needed flexibility.” Automakers want to keep “important regulatory protections supporting electric car technology.” The American Fuel And Petrochemical Manufacturers, among others, join the states. The new EPA guidelines adjusting pollution restrictions through 2026 “essentially…
Waymo, Alphabet Inc.’s self-driving vehicle subsidiary, announced it will start giving trips without a driver in San Francisco, aiming to catch competitor Cruise. Initially, the autonomous trips would be available only to Waymo employees, the firm stated. Waymo also revealed intentions to cover downtown Phoenix. Since 2020, it has offered autonomous rides in the Phoenix metro region. Our San Francisco Trusted Testers taught us a lot in the previous six months, and our passengers have taught us a lot in the years since we launched our completely autonomous service in Phoenix’s East Valley,” said co-CEO Tekedra Mawakana. Cruise LLC, a…
According to persons familiar with the situation, President Joe Biden is prepared to use Cold War powers this week to stimulate domestic production of crucial minerals for electric car and other types of batteries. The White House is considering adding battery materials to the list of items covered by the 1950 Defense Production Act – the same authority used by Harry Truman to manufacture steel for the Korean War and Donald Trump to stimulate mask production in response to the coronavirus pandemic – according to the people. They requested anonymity due to the fact that the specifics are not yet…
After six years of selling automobiles in the United States, the Korean luxury brand Genesis has launched its first independent retail location in the United States. The new shop in Lafayette, Louisiana, symbolises the next step for Genesis as it continues to expand its footprint in the United States and distances itself from its launch brand, Hyundai. “By establishing a venue to display the Genesis collection, we will be able to elevate the brand not just in our surrounding neighbourhood, but also across the region,” stated Arthur LeBlanc Jr., dealer principal of the new Genesis of Lafayette location. LeBlanc, like…
The government of Prime Minister Justin Trudeau will require the sale of electric vehicles and seek a 42% reduction in emissions from the oil and gas industry as part of Canada’s strategy to fulfil its 2030 emissions reduction target. The government states in its 2030 Emissions Reduction Plan that it would establish a sales requirement to guarantee that at least 20% of new light-duty vehicle sales be zero-emission cars by 2026, 60% by 2030, and 100% by 2035. The Government of Canada’s goal to reduce emissions from medium- and heavy-duty vehicles (MHDVs) is to have ZEVs account for 35% of…
Despite recent production and supply chain challenges, Curry stated that he expects to negotiate with a strong industry next year. “Record profits have occurred,” he stated. “Volumes are expected to increase for all three OEMs later this year, and they will be available in the marketplace. I believe we’re going to be in an excellent position.” Nonetheless, it is unknown whether Curry will engage in any negotiations at all. Curry, the union’s third president in as many years, is serving out the remainder of Rory Gamble’s term, who resigned early. He will seek re-election later this year and may face…
According to the company, VinFast is a subsidiary of the Vingroup conglomerate, which has interests in industry, hotels, technology, and real estate. Vingroup, founded in 1993, said it will have a combined capitalization of $35 billion from three publicly traded companies by November 2021. VinFast unveiled the VF 8, VF 9, and three additional EV models during a January presentation at the Consumer Electronics Show in Las Vegas. The three newer vehicles are compact crossovers, but the automaker did not provide availability information. At CES, VinFast announced that the VF 8 would start at $41,000, excluding the battery, which must…
The proposals seek a variety of measures to addressing the United States’ competitiveness with China on a variety of problems, including trade and certain environment concerns. Senator Maria Cantwell, chair of the Senate Commerce Committee, said the vote was critical to “getting us to genuine discussions.” Jen Psaki, the White House spokesperson, said the Senate decision was another move “to bolster our supply chains, increase manufacturing in America, and maintain a competitive edge over China and the rest of the globe for decades to come. We look forward to the House of Representatives resuming the official conference process as promptly…