President-elect Donald Trump’s vow to repeal subsidies for electric vehicles risks pushing Republican congressional allies into conflict with their home-district economic interests.
December 12, 2024Search
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Experts Call Trump’s Energy Tariff Plan ‘Hugely Destructive’
Charging 25% levies on oil and gas from Canada and Mexico would spike gasoline prices in the Midwest and raise electricity costs along both U.S. coasts.
December 12, 2024Ontario Premier Issues Energy Warning Over Trump Tariffs
TORONTO — The premier of Canada’s most populous province said he will cut off energy to the United States if President-elect Donald Trump imposes sweeping tariffs on all Canadian products.
December 12, 2024US Raises Tariffs on Imports of Some Chinese Technology
BANGKOK — The Biden administration plans to raise tariffs on solar wafers, polysilicon and some tungsten products from China to protect U.S. clean energy businesses.
December 12, 2024Tesla Shares Jump to Record Amid $515 Billion Rally
Tesla shares climbed to a record for the first time since November 2021, buoyed by optimism the company’s self-driving ambitions can get a boost under the forthcoming Trump administration.
December 11, 2024China Benefits as Europe’s Big Battery Ambitions Are Failing
Europe’s bid to build a homegrown battery industry to break China’s dominance in electric vehicles is failing.
December 10, 2024Micron Gets $6.2 Billion Chips Award
The Biden administration has reached a final agreement to give Micron Corp. nearly $6.2 billion in subsidies from a program designed to boost American semiconductor manufacturing.
December 10, 2024Recycler to Be First US Supplier of Key EV Battery Component
Ascend Elements said it will start to market lithium carbonate, a key component in EV batteries, that it has been able to recycle and refine at its Covington, Ga., facility.
December 10, 2024US Mulls Backing Brazilian Nickel Plant With Up to $550M
The U.S. government is considering whether to provide a loan of up to $550 million to help developing a nickel and cobalt mine in Brazil’s Northeast.
December 9, 2024South Korean Companies Reconsider Plants in US Over Trump
South Korean companies are reconsidering their $54 billion investment blitz to build EV battery plants in the U.S. over concerns President-elect Donald Trump could undo tax credits for EVs.
December 9, 2024