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EV makers get two-year reprieve on tax-credit restrictions

Electric vehicles struggle to hold up amid heat wave roasting US

Electric vehicle owners can expect to take on additional preparations as the summer months heat up and vehicle performance declines.

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EV-battery maker SK Innovation's shares surge after settlement with rival brightens U.S. prospects

EV-battery maker SK Innovation’s shares surge after settlement with rival brightens U.S. prospects Heekyong Yang and Joyce Lee SEOUL Bookmark Please log in to listen to this story. Also available in French and Mandarin. Log In Create Free Account Getting audio file . This translation has been automatically generated and has not been verified for accuracy. Full Disclaimer Kim Hong-Ji/Reuters Shares in South Korean auto battery maker SK Innovation Co Ltd soared on Monday after it buried the hatchet with LG Energy Solution, freeing up both firms to expand in the United States, where electric cars have become a Biden administration priority.

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