US lithium-ion EV battery market faces correction due to slowed demand, layoffs, and falling lithium prices, but recovery looms.| Electrify News Site
Reports of a slowdown in EV adoption are untrue. Cox Automotive says the U.S. market will surpass the one million new EVs sold mark in 2023.| Electrify News Site
Sources told the Wall Street Journal that tariffs on China’s low-priced electric vehicles are set to reach 100% on May 14.| Electrify News Site
New rules in the federal EV tax credit, disqualifying some models in 2024, may be relaxed or delayed by the Biden Administration.| Electrify News Site
Xiaomi, a Chinese maker of consumer electronics, made its entry into the EV market by releasing the Xiaomi SU7, a sporty, high-tech EV sedan.| Electrify News Site
The launch of new affordable Tesla vehicles is being accelerated, causing a significant bump in Tesla stock prices after a challenging Q1 2024.| Electrify News Site