Focus
EV adoption
Battery Mines Shut Down Amid Weak Electric Vehicle Demand
Lithium prices have crashed by more than 80 percent while nickel and cobalt have declined by more than 40 percent.
Auto Executives Losing Confidence in EV Profitability Amid ‘Sobering’ Demand: KPMG Report
EV demand has weakened, and some automakers may soon come under ‘extreme pressure as competition intensifies,’ the report stated.
‘True Cost’ of EV Fueling Equivalent to $17.33 per Gallon of Gas: Report
President Biden’s goal of 100 percent EVs by 2040 ‘will never become a reality’ as EVs will remain more expensive than gas vehicles, report reads.
Biden Policies to Add $3,000 in Extra Costs for Gas Vehicles: Carmakers
Prices are expected to rise by 2032 when automakers transfer the noncompliance penalties on to customers.
Diesel Plant Found Behind Biggest Tesla EV Charging Station
Oil industry insider David Blackmon notes the irony of diesel-powered Superchargers, and says rising EV use is a ‘huge problem’ for the US power grid.
EV Maker Records $623 Million Loss, Has $1.2 Billion in Taxpayer Subsidies Lined Up
The Biden administration is investing billions of dollars to boost domestic EV manufacturing despite lagging commercial success.
Family Calls Police On Energy Secretary’s EV Entourage Blocking Charging Station
Energy Secretary Granholm’s EV trip turned sour in Georgia when a family was blocked from charging their vehicle for the sake of the entourage.
