U.S. Car Buyers Reap Over $1 Billion in Electric Vehicle Tax Breaks

Americans have now received more than $1 billion in new credits and subsidies for buying EVs under the Inflation Reduction Act

Americans have now received more than $1 billion in new credits and subsidies for buying electric vehicles (EVs) under the Inflation Reduction Act, according to an announcement by the U.S. Treasury Department on Wednesday. This…

EU Raises Tariffs on Chinese Electric Cars to 38 Percent Amid Trade Tensions

The European Union decided on Wednesday to raise taxes on Chinese electric cars

The European Union decided on Wednesday to raise taxes on Chinese electric cars. They’re worried that China’s help for its car industry is making it hard for European carmakers to compete. The European Commission, which…

Seatbelt Problem Triggers Major Recall of 2024-2025 Chevrolet Corvettes

Chevrolet is calling back over 13,000 Corvette cars made in 2024 and 2025 because of a safety problem

Chevrolet is calling back over 13,000 Corvette cars made in 2024 and 2025 because of a safety problem. These cars might have seatbelts that don’t work right, which could make injuries worse if there’s a…

Ricciardo Vows to Retain Fighting Spirit After Canadian Grand Prix Points

Ricciardo has been getting more criticism for not performing well this year

Ricciardo has been getting more criticism for not performing well this year compared to his teammate Yuki Tsunoda. Even former world champion Jacques Villeneuve questioned why Ricciardo is still racing. Ricciardo joined the Red Bull…

Government Raises Red Flags on BMW’s Supply Chain Integrity

The Senate Finance Committee said it's going to look deeper into BMW for using banned parts from China in cars it imports to the US

The Senate Finance Committee said it’s going to look deeper into BMW for using banned parts from China in cars it imports to the US. This comes after a staff investigation found that BMW brought…

Record Solar Installations Signal Potential Boom in U.S. Projects

The United States had a break from tariffs on solar panels imported from Southeast Asia for two years

The United States had a break from tariffs on solar panels imported from Southeast Asia for two years. The break ended on Thursday. This means American solar energy project builders have until the end of…