Lithium Americas Reports 2022 Full Year and Fourth Quarter Results

Go back to Lithium Americas Reports 2022 Full Year and Fourth Quarter Results

Stricter EV tax credit rules to take effect on April 18

March 31, 2023 1:53 PM EDT

The U.S. Treasury unveiled Friday stricter electric vehicle tax rules that will reduce or cut tax credits on some zero-emission models but grants buyers another two weeks before the new requirements take effect.

The EV battery sourcing guidance issued Friday triggers new requirements for critical minerals and battery components and takes effect for vehicle purchases starting April 18.

The rules are aimed at weaning the United States off dependence on China for EV battery supply chains and part of President Joe Biden's effort to make 50% of U.S. new vehicle sales by 2030 EVs... More

GM and Google (GOOGL) partner to phase out Apple (APPL) CarPlay in EVs

March 31, 2023 12:07 PM EDT

General Motors (NYSE: GM) is making the decision to phase out its widely-used Apple (NASDAQ: APPL) CarPlay and Android systems, shifting instead to built-in infotainment systems developed with Google for future electric vehicles. Apple CarPlay and Android Auto systems allow users to mirror their smartphone screens in a vehicle's dashboard display.

As reported by Reuters, starting with the 2024 Chevrolet Blazer, GM is... More