EU countries such as France and Italy have urged Brussels to ditch the penalties for embattled European carmakers, who have been plunged into crisis by a switch to EVs and increasing competition.

After a flood of EV investment in red states, most of the places where EV jobs might be undercut by Trump's action are also places that helped elect him.

Rivian CEO RJ Scaringe told Business Insider that the Biden era EV incentives were a "tailwind," but that the business will be fine without them.

South Korean battery firm LG Energy Solution (LGES) said it expected electric vehicle demand growth to slow in the near-term, as it posted on Friday a quarterly loss for the first time in three years.

"We actually no longer call it EV. We call it EIV. 'I' stands for intelligent," Pan Jian, a cochair of CATL, told a WEF panel in Davos, Switzerland.

Unnamed sources toll Bloomberg that Nikola is in financial trouble and needs a savior. While a final decision has yet to be made by management, it’s possible the company could be sold, or it may need to bring on new partners. It’s also possible it could be forced to raise new funds.

The new charging points will be installed in two phases progressively in 2025 and 2026. Read more at straitstimes.com.

Electric-car companies are taking longer to pay their suppliers. That may not be such a bad thing. That’s the argument made about BYD Co. by GMT Research, a Hong Kong-based financial analyst business known for its forensic short-seller-style investigations of Chinese companies’ accounts. 1

Nissan Motor plans to procure batteries for electric vehicles sold in the U.S. from South Korea's SK On from around 2028 onwards, the Nikkei newspaper said on Thursday, as the troubled Japanese automaker looks to ramp up its EV business as part of a planned turnaround.

On the Plugged-In Podcast, we discuss the changes coming—or not—to the EV field under President Trump. Plus, are things looking up at Polestar?