60 Seconds: F1, EU, and Electric Trees

60 Seconds: F1, EU, and Electric Trees

Aston Martin's Turnaround: Aston Martin is shifting from older luxury buyers to younger F1 fans, aiming to be cash-flow positive this year with new high-performance models and increased demand for customizations.

Kia EV9 in Georgia: Kia started local production of the EV9 SUV in Georgia, making it eligible for federal tax credits and boosting American manufacturing jobs.

Hyundai Child Labor Lawsuit: The U.S. Department of Labor sued Hyundai and its Alabama parts plant for child labor violations, seeking to recover profits linked to these practices.

EU Delays Chinese Tariff Decision: The European Commission postponed its decision on Chinese EV tariffs to avoid election campaign issues, with a final decision expected by July 2024.

Charging "Trees" in NYC: Gravity plans to install high-powered curbside charging "trees" in New York, offering 200 miles of range in 5-13 minutes, aiming to boost EV adoption and support carbon neutrality goals.



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