90% of qualifying electric-vehicle buyers opt for $7,500 ‘new clean vehicle’ tax credit as upfront payment, Treasury says
The bulk of Americans buying qualifying new electric vehicles are opting to receive an associated tax credit upfront from the…
China’s Nio to expand battery swap services to gain an edge on EV infrastructure
BEIJING — Chinese electric car company Nio has been expanding its battery swap partnerships in a bid to gain an…
Xiaomi shares pop 16% after the Chinese smartphone maker launches its first EV
BEIJING — Shares of Chinese smartphone maker Xiaomi surged as much as 16% on Tuesday, the first trading day since…
Xiaomi releases electric car $4K cheaper than Tesla’s Model 3 as price wars heat up
BEIJING — Chinese smartphone company Xiaomi said Thursday it will sell its first car for far less than Tesla’s Model…
Yellen warns China’s surplus of solar panels, EVs could be dumped on global markets
Treasury Secretary Janet Yellen on Wednesday warned that China is treating the global economy as a dumping ground for its…
SpaceX hit with new NLRB complaint over severance agreements, dispute resolution rules
The National Labor Relations Board accused SpaceX in a new complaint of entering into unlawful severance agreements with terminated employees…
Foremost Group CEO Angela Chao was intoxicated during fatal car accident in Texas pond: police
Foremost Group CEO Angela Chao was intoxicated last month when she accidentally drove her Tesla X SUV in reverse over…
China-based Canadian stole Tesla secrets, U.S. prosecutors say
A Canadian resident of China has been arrested in the United States for allegedly stealing electric car manufacturer Tesla’s trade…
Yellen touts electric vehicle ‘boom’ as automakers tone down hype
Treasury Secretary Janet Yellen on Wednesday lauded President Joe Biden’s investment in electric vehicles for accelerating the sector, even as…
