Ford Motor Company Announces Details for Q1 2023 Earnings Conference Call
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U.S. treasury announces VW, BMW, Nissan, Rivian and others lose access to tax credits
April 17, 2023 1:52 PM EDTThe U.S. treasury announced Monday that automakers Volkswagen, BMW, Nissan, Rivian (NASDAQ: RIVN), Hyundai and Volvos electric vehicles will lose access to a $7,500 tax credit under the new rules for battery sourcing.
The Treasury also said the new requirements, which go into effective on Tuesday will cut credits for the Tesla Inc (NASDAQ: TSLA) Model 3 Standard Range Rear Wheel Drive by half to $3,750 but that other Tesla models will retain... More
Panasonic considers building EV battery plant in Oklahoma
April 17, 2023 1:27 PM EDTTesla (NASDAQ: TSLA) battery supplier, Panasonic said on Sunday that the Japanese company is considering building a battery plant in Oklahoma, its third in the United States.
Panasonic has entered into an agreement with the State of Oklahoma that defines the eligibility... More
Volkswagen to partner with Vale, Ford (F) and Huayou to build EV battery ecosystem in Indonesia
April 17, 2023 8:20 AM EDTIndonesian investment minister Bahlil Lahadalia announced Sunday that Volkswagen will build an electric vehicle (EV) battery ecosystem in Indonesia and will partner with miner Vale, Ford and China's battery minerals producer Zhejiang Huayou Cobalt.
Minister Lahadalia said on Sunday that Volkswagen, Europe's biggest automaker, will work with Vale, Ford, Huayou, French... More
Nissan seeks tech growth independent of Renault
April 14, 2023 12:04 PM EDTAn exclusive story by Reuters on Friday reports, citing seven people with knowledge of the matter, that Nissan is developing growth plans in areas such as software and electric vehicles (EVs) independent of Renault SA as the automakers work to finalize terms of the limited alliance.
According to the report, Nissan is seeking a partner outside the auto industry to develop software that connects vehicles to cloud-based services, two people involved in discussions said, without elaborating on candidates. That would address a relative weakness for Nissan as it tries to make cars "smarter and more connected", one of... More

