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...“We are veering towards a knife-edge deadline,” director-general Sigrid de Vries said....
...tax credits....
...General Motors and Tesla have paused some of their EV expansion plans....
...In general Italian EV subsidies in 2023 ranged from €2,000 to €7,500 — depending on emissions and the car’s price tag — and were less generous than some other European nations....
...Car shoppers were far more likely to lease electric vehicles this year than buy them, as they took advantage of a $7,500 tax credit available under the Biden administration’s clean energy subsidies....
...Good morning and we start with Apple’s decision to abandon a secret project to build an electric vehicle....
...Hyundai and its sister brand Kia have together overtaken Ford and General Motors to claim second place in US electric vehicle sales behind Tesla, with their market share set to grow once a new $7.6bn plant...
...Among those concerned about a swift rollout of electric vehicles is the United Auto Workers union, which has endorsed Biden for 2024....
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...French carmakers such as Stellantis and Renault, which do not have large businesses in China, have been vocal about the threat of Chinese electric vehicles....
...A number of EV makers have recently scaled back expansion plans, including Ford and General Motors, while rental group Hertz is selling one-third of its electric fleet to buy more petrol vehicles....
...“An incoming government must address the impact of a rising state pension age,” said Kate Bell, assistant general secretary to the TUC, the umbrella body for unions....
...“UnternehmerTUM gives this ‘I can do it’ attitude, which raises the level of ambition among entrepreneurs,” observes Benjamin Erhart, general partner at UVC Partners....
...In a US hybrid market mainly dominated by Toyota, Honda and the South Korean duo of Kia and Hyundai, domestic manufacturers are racing to catch up.Last month General Motors, which had largely phased out...
...In Germany, where unions sit on company boards, electric vehicle workers are members of the same union as their engine-handling counterparts....
...Last year, the three biggest US carmakers — Ford, General Motors and Stellantis, which owns Chrysler — suffered strikes during wage negotiations with the United Auto Workers union....
...General Motors has announced plans to return “significant capital” to shareholders as the US carmaker seeks to move past difficulties with its ambitions for electric vehicles and driverless cars and from...
...Workers are fighting for higher wages and greater job security as the US shifts towards electric vehicles....
...Roy Rickhuss, general secretary of the Community steel union, urged the company to reconsider, describing the decision as “unacceptable” and “devastating for Port Talbot and the wider steel industry”....
...US carmakers including Ford, General Motors and Tesla have delayed their factory ambitions due to a slowdown in demand. GM said its EVs were “well positioned” to qualify for the tax credit....
...By focusing on sleeker sedans and compact SUVs that consumers can afford, the South Korean group and its sister brand Kia have together overtaken Ford and General Motors to claim second place in US electric...
...Unions have said their plan would cost an additional £683mn....
...“Large-scale job losses would be a crushing blow to Port Talbot and UK manufacturing in general,” said Charlotte Brumpton-Childs, a national officer at the GMB union....
...global dominance and challenging storied incumbents such as General Motors, Ford and Volkswagen....
...The attorney-general must now decide whether to pursue the case....
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