Xpeng CEO He Xiaopeng speaks to reporters at the electric carmaker’s stand at the IAA auto show in Munich, Germany on September 8, 2025. Arjun Kharpal | CNBC Germany this week played host to one of the world’s biggest auto shows — but in the heartland of Europe’s auto industry, it was buzzy Chinese electric…
Stellantis’ Ram 1500 Revolution battery-electric concept pickup truck is introduced during a keynote address by Stellantis CEO Carlos Tavaras during CES 2023 at the Venetian Resort Las Vegas on Jan. 5, 2023. Ethan Miller | Getty Images Stellantis‘ Ram brand is canceling plans to develop a full-size electric Ram 1500 pickup truck, citing slowing demand…
This image from video provided by U.S. Immigration and Customs Enforcement via DVIDS shows manufacturing plant employees being escorted outside the Hyundai Motor Group’s electric vehicle plant, Thursday, Sept. 4, 2025, in Ellabell, Ga Corey Bullard/U.S. Immigration and Customs Enforcement via AP The South Korean government said it is working to return its nationals who…
President Donald Trump‘s “big beautiful bill” raised the state and local tax deduction, known as SALT, to $40,000 for 2025. The change comes less than a decade after a cap was placed on this tax break for the first time in its history. Taxpayers who itemize tax breaks can claim the SALT deduction, which includes state and…
The Duane Arnold nuclear plant northwest of Cedar Rapids, Iowa is pressing ahead with plans to restart operations by the end of the decade after shutting down for economic reasons in 2020. The plant is the third – and likely the last – mothballed reactor in the U.S. that is in shape to come back…
Sinology | Moment | Getty Images A federal tax break for consumers who buy or lease electric vehicles will disappear after Sept. 30. However, consumers may have a little bit of wiggle room on that time frame, according to a new document released by the Internal Revenue Service. The tax credits, worth up to $7,500,…
Witthaya Prasongsin | Moment | Getty Images President Donald Trump‘s attack on solar and wind projects threatens to raise energy prices for consumers and undermine a stretched electric grid that’s already straining to meet rapidly growing demand, renewable energy executives warn. Trump has long said wind power turbines are unattractive and endanger birds, and that…
Vanuatu’s Climate Change Minister Ralph Regenvanu (C) delivers a speech as he attends a demonstration ahead of the International Court of Justice (ICJ) session tasked with issuing the first Advisory Opinion (AO) on States’ legal obligations to address climate change, in The Hague on July 23, 2025. John Thys | Afp | Getty Images Gripped…
Voltify plans to build a series of energy microgrids to power its locomotive batteries, as shown in this computer-generated image. Voltify Daphna Langer has a bold ambition: To decarbonize the rail industry in less than a decade. How? By convincing U.S. freight railroad companies to switch from diesel power to rechargeable batteries — part of…
Tesla electric vehicles at a charging station in Alhambra, California on March 11, 2025. Frederic J. Brown | AFP | Getty Images On President Donald Trump‘s first day in office, he signed an executive order aiming to eliminate the “electric vehicle mandate” and remove subsidies that favor EVs. Since then, his administration has taken steps…
