Surge in power use — for EVs, data centers, more — threatens U.S. climate goals
Demand for electricity, which has stayed largely flat for two decades, has begun to surge.
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electric vehicle
Toyota to expand battery plant in Liberty
A new partnership is promising 133 jobs for Liberty, North Carolina. Fujihatsu Tech America, Inc., and Toyota Tsusho America, Inc., will join to form Fujihatsu & Toyotsu Battery Components, North Carolina LLC (FTBC) and invest $60 million to expand an electric vehicle battery plant, the Economic Development Partnership of...
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VinFast, Toyota and more: North Carolina’s Battery Belt booms with new factories
North Carolina is becoming a leader in battery production, with at least four companies announcing plans for battery factories in central North Carolina.
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VinFast will sell the VF8 in Cary. We took it for a spin.
Vietnamese automaker Vinfast has made a splash in the Triangle, promising thousands of jobs and building a $4 billion, 2.8-million-square-foot electric vehicle manufacturing plant in Chatham County, and opening the first non-factory-owned dealership in the United States last month in Cary. The company’s signature SUV, the VF8 has garnered both...
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For consumers shopping for an EV, new rules mean fewer models qualify for a tax credit
U.S. consumers looking to get a tax credit on an electric vehicle purchase have fewer models to choose from under new rules that limit the countries where automakers can buy battery parts and minerals — a potential blow to efforts to reduce planet-warming emissions from autos.
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VinFast demos concept truck: The VF Wild
VinFast, the Vietnamese electric automaker building a plant in North Carolina’s Chatham County, debuted a pickup truck model, a new concept vehicle, Tuesday at the annual Consumer Electronics show (CES) in Las Vegas. VF Wild is a mid-size pickup with panoramic glass roof and a truck bed designed to...
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It just got a lot easier to buy an electric vehicle
The tax credit available to buyers of electric vehicles is now available at the time of purchase. Buyers can get up to $7,500 credit for qualifying new electric cars and trucks and up to $4,000 for used EVs purchased through a dealer. Under the old rules, buyers had to...
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VinFast begins selling electric cars at Cary dealership
VinFast, the Vietnamese electric vehicle maker building a factory in Chatham County, will begin selling cars in the Triangle on Thursday. Leith Automotive, located in Cary, will be the home of the company’s first non-factory-owned dealership in the United States. At 2000 Auto Park Blvd., Leith Vinfast will introduce...
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