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NEWS TAGGED IRA
Friday 17 October 2025
With EV credits expired and tariffs mounting, US automakers shift costs to buyers

As the Trump administration lets key electric vehicle tax credits expire and former President Donald Trump's legacy tariffs continue...

Thursday 16 October 2025
Hyundai Mobis boosts Mexico plant investment to strengthen North American supply chain
Hyundai Mobis is set to invest an additional US$28.6 million in its Pesqueria plant in Nuevo Leon, Mexico, aiming to reinforce its dominance in the North American market amid escalating...
Wednesday 15 October 2025
GM and Ford forced to scrap EV incentive plans after Capitol Hill pushback
In the wake of the US government's decision to end electric vehicle (EV) tax credits under the Inflation Reduction Act (IRA) at the end of September 2025, Detroit automakers General...
Friday 3 October 2025
GM and Ford extend IRA EV tax credit through leasing strategy
The US Inflation Reduction Act (IRA) officially ended the US$7,500 electric vehicle (EV) tax credit on September 30, 2025. However, General Motors (GM) and Ford have leveraged their...
Tuesday 30 September 2025
EV market hits reset as US tax credits run out

The US electric vehicle (EV) market is approaching a key inflection point. On September 30, federal tax credits under the Inflation Reduction...

Friday 26 September 2025
IRA subsidies near deadline, exposing tensions in US EV strategy

A major chapter in US clean energy policy is nearing its end. Federal subsidies for electric vehicles under the Inflation Reduction Act...

Friday 18 July 2025
Tesla, GM move to localize LFP supply chain amid China clampdown
China has imposed new export controls on key materials and technologies tied to lithium iron phosphate (LFP) batteries, a move industry insiders say global supply chains had been...
Thursday 10 July 2025
End of the IRA: EV subsidies face sudden death by September

A sweeping Republican-sponsored bill informally dubbed the "One Big Beautiful Bill Act" has cleared both chambers of Congress and now...

Thursday 10 July 2025
US auto market resets as Trump shuts door on Chinese electric cars
President Donald Trump's return to the White House may have dealt a blow to the clean energy subsidies championed under President Biden's Inflation Reduction Act (IRA), but his administration...
Wednesday 4 June 2025
Exclusive: Chinese solar and battery US ambitions crumble under Trump's trade war
US President Donald Trump has aggressively deployed tariffs and trade measures to prioritize American manufacturing since returning to the White House in January 2025. However, Chinese-backed...
Thursday 8 May 2025
US confronts battery shortfall as Chinese solar giants gear up for tenfold expansion
China dominates global solar manufacturing with an 85% market share, a position that has prompted strategic shifts in US policy. During former President Joe Biden's administration,...
Tuesday 25 February 2025
Trump's energy policy reversal puts renewables to market test
President Donald Trump wasted no time reshaping US energy policy, signing the "Unleashing American Energy" executive order on his first day in office. The sweeping directive dismantles...
Wednesday 22 January 2025
Trump 2.0 has led to accelerated sales of US electric vehicles
During his campaign, Donald Trump announced the removal of the US$7,500 tax credit for consumers purchasing electric vehicles (EVs) under the Inflation Reduction Act (IRA). As a result,...
Wednesday 22 January 2025
Hyundai EVs lose US subsidy eligibility under new IRA rules
Hyundai Motor's electric vehicles (EVs) were removed from the US government's electric vehicle subsidy list in late January 2025, just weeks after being included at the start of the...
Monday 20 January 2025
EV makers pivot: Trump 2.0 day one threatens charged-up industry
The global electric vehicle industry faces an immediate reset as Donald Trump returns to the White House. Markets are already reacting to his promised dismantling of key industry...