#Tesla is no longer leading the world’s #ElectricVehicle market. A Chinese company has taken its place. But how?

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#Climate apocalypse has been predicted for more than 50 years, is buying an #ElectricVehicle a moral or immoral choice?

Meanwhile, Buffalo Bills player Damar Hamlin has returned home. What is it about his collapse that shocked the nation?

https://ept.ms/ElectricVehicleMyths

The #Ford Motor Company revealed that its #ElectricVehicle (EV) business, the Model e, took a $2.1 billion loss over the course of 2022 and the company predicted that it will lose another $3 billion in 2023 as the company invests further in the project.


https://www.ntd.com/ford-reports-electric-vehicle-business-lost-2-billion-in-2022_909149.html

#NewJersey has paused a government incentive for residents who are looking to buy or lease an #ElectricVehicle (EV). The temporary halt on the government rebate is due to the popularity of the program, which is rapidly running out of money as a result. https://www.ntd.com/new-jersey-puts-brakes-on-electric-vehicle-rebate-as-popularity-of-incentive-causes-funding-shortage_914248.html

Tensions are rising ahead of #Toyota’s annual shareholder meeting after several of the carmaker’s institutional shareholders said they are considering a vote to remove chairman Akio Toyoda from the company’s board over his #ElectricVehicle (EV) stance. https://www.ntd.com/toyota-institutional-investors-spearheading-board-vote-over-cautious-stance-on-evs_925108.html

In the biggest #ElectricVehicle (EV) manufacturing loan ever, the U.S. Department of Energy (DOE) has agreed to lend $9.2 billion to a joint venture of #Ford Motor Company and South Korean partner SK On to build three battery plants in Tennessee and Kentucky. https://www.ntd.com/biden-administration-approves-9-2-billion-loan-to-ford-for-us-based-ev-battery-plants_927165.html

Former President Donald #Trump slammed the #ElectricVehicle industry during a keynote speech in Michigan over the weekend, cautioning that the state’s auto industry is in peril. Trump said Communist #China, now a leader in electric vehicle production, is reaping gains from Electric vehicle advocacy. https://www.ntd.com/trump-ev-push-decimation-for-michigan_927536.html

#Tesla’s #ElectricVehicle charging technology is being put on a fast track to become a North American standard, giving a further boost to the automaker’s plan to expand access to its once-exclusive chargers. https://www.ntd.com/tesla-charging-technology-put-on-fast-track-to-become-us-standard_927757.html

Former President Donald #Trump has warned that Michigan’s auto industry would suffer if President Joe #Biden’s #ElectricVehicle push succeeds, with most of the EV production going to #China.
https://www.ntd.com/trump-warns-bidens-crazed-ev-push-will-destroy-michigan-auto-industry_940396.html

If every gas-powered car gets replaced with an #ElectricVehicle, how much would global temperatures go down? The Biden administration and #EPA have introduced stricter regulations on automakers as part of Biden’s #climate agenda, compelling carmakers to accelerate the expansion of electric options in their lineup. For insight, NTD spoke with Kevin Dayaratna, chief statistician at Heritage Foundation’s Center for Data Analysis. https://buff.ly/3x35bbH

#ElectricVehicle sales across the country are slowing as early adopters of the new-tech cars have already adopted. NTD hit the floor of the 2024 New York International Auto Show and spoke with Lauren Fix, an expert in the industry, for the latest on the shifting auto industry dynamics. https://buff.ly/3TH9e54