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Tag: exec

EV Market Expected to Grow Despite End of $7,500 Tax Credit, Says Former Tesla Exec

Jon McNeill, former Tesla president of global sales and service and current GM board member, said the U.S. electric vehicle market can continue expanding even after the federal $7,500 EV tax credit expired. Speaking to CNBC, McNeill said that broader availability of models and more affordable options will sustain consumer interest. “There are now 65 … Continue reading “EV Market Expected to Grow Despite End of $7,500 Tax Credit, Says Former Tesla Exec”

EV Batteries With Higher Silicon Content Are Coming: GM Exec

Silicon anodes are further ahead in development and commercialization than solid-state batteries. Battery makers are aiming to increase silicon content to boost driving range and reduce charging times. General Motors says the percentage of silicon in EV batteries is expected to increase over the years.   Smaller in size and better in range and charging performance, … Continue reading “EV Batteries With Higher Silicon Content Are Coming: GM Exec”

Toyota exec says shift to EVs will lead to job losses

Eliminating internal-combustion engines would also eliminate many jobs related to engine-related technology, Toyota chairman Akio Toyoda told Reuters and other media Thursday. “If electric vehicles simply become the only choice, including for our suppliers, those people’s jobs would be lost,” said Toyoda, who previously held the job of CEO and is also the grandson of … Continue reading “Toyota exec says shift to EVs will lead to job losses”