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BBCNEWS Asia Business Report June 4, 2024 03:34:00

Ev industry for this year given the global push to become greener. we will still see growth in evs but there is pushback. not all countries have the infrastructure. china has the 100 megawatt small modular nuclear reactors. and a lot of coal fired plants. the rest of the world does not have the electrification infrastructure. we ll see a slight blip into 2024 but there is still good demand. to learn more about the competition between tesla and byd, you can visit our website. or use the bbc news app. staying briefly on news about electric cars and another american ev maker that has hit a bump on the road is rivian, which reported close to 14,000 in deliveries for the quarter ending december. but that is much lower than wall street s expectations, sending shares down by more than 10%. in other news making headlines this morning, maersk has suspended all shipping through the red sea and gulf of eden untilfurther notice following an attack on one of its vessels from militants over the week ....

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Tesla EVs Lose Some Tax Credits. Here's What Still Qualifies.

There are now only 14 all-electric-vehicle models that qualify for some of the federal purchase tax credit, down from 35 just before the new year. ....

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Rivian Stock Falls As EV Deliveries Lag As Tesla Beats Expectations

Rivian vehicle deliveries fell short of expectations while Tesla beat expectations in a challenging electric vehicle market. ....

United States , Elon Musk ,

Your New EV Is Even More Expensive Now

Plus trials and tribulations for Rivian, and a Norwegian peak at how the American car market may soon look ....

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These Are The EVs And PHEVs That Still Qualify For Federal Tax Credits In 2024

Fewer new electrified models are now subject to national sales incentives, but those for leases and used EVs continue. ....

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