As Indonesia pushes EV dream, car shoppers stay cautious
By Johan Purnomo and Stefanno Sulaiman TANGERANG, Indonesia (Reuters) - Indonesia's government used the Jakarta auto show to double down on plans to drive production and sales of electric vehicles in Southeast Asia's largest auto market, but buyers are not sold
China’s EV makers face cost and consumer challenges to conquer Europe
By Victoria Waldersee BERLIN (Reuters) - China's electric vehicle (EV) makers, which have raced past foreign rivals to top sales rankings at home, are arriving in Europe – and facing a new set of challenges. Stereotypes of Chinese manufacturing, import costs, and
EV startups burn through more cash as demand falters
By Akash Sriram (Reuters) - U.S. EV startups are expected to show the impact of Tesla's price war when they report quarterly results over the next few days, with investors awaiting details on how the companies are managing cash amid a
US senators seek to reverse ‘Buy America’ waiver for EV charging stations
By David Shepardson WASHINGTON (Reuters) - Four Republican U.S. senators on Wednesday sought to reverse a Biden administration decision to waive "Buy America" requirements for government-funded electric vehicle (EV) charging stations. Senators Marco Rubio, Roger Marshall, Rick Scott and Kevin Cramer said
Ford slashes prices of F-150 Lightning trucks as EV wars heat up
By Nathan Gomes (Reuters) - Ford Motor deepened a price war in the electric-vehicle industry on Monday by slashing the prices of its F-150 Lightning trucks, including a 17% cut for the base model, as it aims to boost its share
Innovation in EVs seen denting copper demand growth potential
By Mai Nguyen HANOI (Reuters) -New electric vehicles from Tesla and rivals are being engineered for efficiency in a way that cuts copper content, changes that could limit demand growth for the metal as the next-generation of EVs hits the road,
Audi to unveil electric vehicle manufacturing plans in Mexico
By Daina Beth Solomon and Dave Graham MEXICO CITY (Reuters) - German carmaker Audi is this month scheduled to announce plans to begin producing electric vehicles in Mexico, according to three people with knowledge of the matter, joining other major carmakers
Palladium in retreat on EV prospects, growth risks
By Ashitha Shivaprasad (Reuters) - Palladium could extend this year's near 30% price decline as the rapid rise of electric vehicles threatens to hammer demand for the autocatalyst metal at a time broader economic weakness and chart factors are also weighing. Spot
Rivian to adopt Tesla’s charging standard in EVs and chargers
By Abhirup Roy SAN FRANCISCO (Reuters) - Electric vehicle maker Rivian said on Tuesday it will adopt Tesla's charging standard, giving Rivian customers access to the biggest U.S. charging network and adding momentum to Tesla's bid to set the industry standard. Rivian