Electric Car News Biden Awards $1 7 Billion To Boost Electric Vehicle Manufacturing And Assembly In Eight States

Joe Biden Paid $89 Million To Boost Electric Motorcycle Production. It's Failing.

In 2024, President Joe Biden's Energy Department awarded $1.7 billion in grants to increase domestic manufacturing of electric vehicles (E.V.s), including $89 million to Harley-Davidson to expand its ... Read More

G.M. Takes $1.6 Billion Loss After Electric Vehicle Subsidy Goes Away

Sales of electric vehicles (E.V.s) surged in August and September as buyers took advantage of a federal tax credit before it expired. Now, automakers expect to sell fewer E.V.s—and lose money on ... Read More

How billions of Biden’s electric car dollars survived the Trump chill

More than 40 states told POLITICO they have taken steps to unlock federal funding to build charging stations for electric vehicles. President Donald Trump’s crusade to uproot the Biden ... Read More

Slowing Electric Vehicle Sales Will Cost G.M. $1.6 Billion

General Motors said it would lower its earnings by that amount to mainly reflect the drop in the value of equipment, factories and other assets. By Neal E. Boudette The slowdown in electric car sales ... Read More

GM takes $1.6 billion hit on electric vehicle rollout as U.S. automakers rethink future

U.S. automakers are trimming their outlook for electric vehicles amid lingering consumer doubts, a pullback in federal support and a challenging economic landscape that is affecting all auto sales. On ... Read More

Veterans to get $77m funding boost

Cash is diverted from a Biden-era push for more electric vehicle charging points, according to the Department of Veterans Affairs. Read More