EVSubsidies

Trump's Strategy to Overhaul the Auto Industry: Proposed Cuts to EV Subsidies

5 days ago

In a bold initiative, former President Donald Trump’s team is gearing up to reshape the American automotive industry by targeting significant cuts to subsidies for electric vehicles (EVs). This move is seen as part of a broader strategy to reshape the market dynamics and stimulate domestic manufacturing amidst ongoing debates about climate policies and energy independence.

Tesla Sees Unprecedented Surge in China Shipments Driven by EV Subsidy Support

2 months ago

In a remarkable turnaround, Tesla has reported a record quarter for vehicle shipments in China, capitalizing on a new wave of electric vehicle (EV) subsidies that are being offered by the Chinese government. The American electric car manufacturer managed to deliver an impressive 218,000 vehicles in the third quarter of 2024, marking a staggering 41% increase compared to the preceding quarter, and almost a 61% rise year-over-year.

Germany's Social Democrats Consider EV Subsidies as Part of 2025 Strategic Framework

2 months ago

In a significant move that could redefine Germany's approach to electric vehicles (EVs), the Social Democratic Party (SPD) is currently deliberating the incorporation of subsidies for electric cars into their broader 2025 political strategy. This initiative comes at a time when the country is grappling with the challenges posed by an evolving automotive market and increased climate awareness among voters.