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Deadline for Recharge Industries to finalise purchase of site runs into impasse with EY
Rough road ahead for EV start-ups but the long-term trends are in their favour
Long-awaited tax credit guidance expands origins for critical battery minerals but not components
US carmaker’s teaming up with a Chinese miner comes as the Biden administration tries to build domestic battery industry
Mandate to start next year but shortfalls can be offset by buying allowances from rivals or selling more electric cars later in decade
Influential chamber of commerce says vast nickel reserves could meet demand for electric cars and batteries
Also in this newsletter: when Big Tech pretends to be small
Chinese carmakers expected to sell more passenger vehicles than foreign rivals for first time in 2023
Reductions have caused second-hand vehicles to depreciate more steeply
Move comes as Biden administration prepares guidance on qualifying for tax credits under IRA
The Swedish business with plans to build four gigafactories is a young company in a hurry
EU will exempt cars which run on certain types of fuel from new law after lobbying from Berlin
Costs mount as US company pursues goal to make 2mn battery cars and trucks by end of 2026
Lisa Brankin warns tariffs on imported battery cars also put at risk ambitions to shift from petrol
Sale of vehicles running solely on such fuels would be permitted after EU combustion engine ban
Other charts of the week: marriage and remote working, Europeans love SUVs, Britons approve of EU leaders and they support nurses and ambulance strikes
Criticism comes as luxury brand posts record profits as car sales hit all-time high
Carmakers warn the 5p per litre cut would harm sales of electric vehicles
Money will be used over next five years to produce batteries and fund expansion in US and China
The company is helping the region compete with the US and Asia in a sector that is crucial to the green transition
Washington’s subsidy rules benefit northern neighbour as German carmaker puts European plant on hold
World’s largest seller of electric and hybrid cars sets out plans to dominate region by 2030
VW’s choice of battery factory in North America highlights risks of losing talent and technology across Atlantic
Company unveils strong results days after warning from Xi over risks of success as geopolitical rifts deepen with west
The clean energy transition requires painful trade-offs
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