electric car

China announces it will drop subsidies for electric cars with the exception of a five-year plan

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China announces it will drop subsidies for electric cars with the exception of a five-year plan

SHANGHAI/BEIJING (Reuters) – China has sent a clear signal that it is ready to end subsidies to its electric car industry after years of heavy government support fueled a boom that left the world’s second-largest economy with a huge oversupply and spurred it to push into global auto markets. Top policymakers did not include electric … Read more

QuantumScape will take off over the next 5 years. Here’s 1 Reason Why.

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QuantumScape will take off over the next 5 years. Here’s 1 Reason Why.

QuantumScape is developing a solid-state battery that could revolutionize the electric car industry. Recent manufacturing upgrades may help produce batteries on a commercial scale. In September, the company presented the first demonstration of a solid-state battery of its kind. 10 Stocks We Like More Than QuantumScape › It’s getting harder and harder to understand where … Read more