Motor vehicles

Automakers warn most electric vehicles won't qualify for federal tax credit

Automakers warn most electric vehicles won’t qualify for federal tax credit

But the auto industry warns that the vast majority of electric vehicle purchases will not qualify for such a large tax credit. This is primarily due to the bill’s requirement that, to qualify for the credit, an electric vehicle must contain a battery built in North America with minerals mined or recycled on the continent. …

Automakers warn most electric vehicles won’t qualify for federal tax credit Read More »

Fuel cell truck maker Hyzon's stock suffers record drop after accounting issues spark delisting fears

Fuel cell truck maker Hyzon’s stock suffers record drop after accounting issues spark delisting fears

Shares of Hyzon Motors Inc. suffered a record drop to a record low on Friday, after the fuel cell truck maker disclosed a ‘myriad of issues’, including accounting irregularities that will cause it to miss the filing deadline. for the second quarter results. This prompted a number of analysts to exit their bullish positions, including …

Fuel cell truck maker Hyzon’s stock suffers record drop after accounting issues spark delisting fears Read More »

Stellantis sentenced for cheating on diesel emissions in jeeps and rams

Stellantis sentenced for cheating on diesel emissions in jeeps and rams

Image: Stellar Toyota’s commercial truck business and Stellantis are under fire for cheating on emissions controls like it’s 2015 again, Ferrari’s order books are breaking records, and Renault will follow its heart, with or without its so-called “Alliance” partners. All this and more in The morning shift for Tuesday, August 2, 2022. 1st Gear: officially …

Stellantis sentenced for cheating on diesel emissions in jeeps and rams Read More »