U.S. Treasury Details EV Tax Credit Rebate Rules
The U.S. Treasury Department on Friday issued new guidance on how a $7,500 electric vehicle tax credit can be used as a point-of-sale rebate starting in January.Currently, consumers can only take advantage of the $7,500 new EV credit or $4,000…
The Federal Government’s Policies on EV Manufacturing
The US federal government has a number of policies in place to support the domestic manufacturing of electric vehicles (EVs) and EV components. These policies are designed to help the US develop a robust EV supply chain and become a…
The Federal Government’s Policies on Batteries
Battery Manufacturing Advanced Battery Manufacturing Tax Credit: The Inflation Reduction Act of 2022 provides a 30% tax credit for the domestic production of advanced batteries and components. This credit is available for both new and existing facilities, and it is…
GM Launches All Electric Line-up In Europe
General Motors is launching an all-electric range fronted by its Cadillac brand in Europe this week, six years after the US carmaker sold its mass-market brands in the region following a long struggle with profitability.The company said it would roll…
Hyundai, Kia, Genesis EVs Will Adopt Tesla NACS Charging Port in 2024
Hyundai Motor North America and its sister brands Kia America and Genesis Motor North America all announced on Thursday they’ll be joining the ranks of automakers to adopt the North American Charging Standard for electric cars, popularized and open-sourced by…
LG Energy, Toyota Announce Longterm U.S. EV Battery Deal
LG Energy and Toyota said Wednesday they’ve reached a long-term agreement to supply batteries for electric vehicles in the United States. Under the deal, LG will supply Toyota with 20GWh of high-nickel NCMA battery modules beginning in 2025.LG Energy will…
Wallbox And Free2move eSolutions Collaborate To Accelerate EV Adoption In North America
Wallbox (NYSE: WBX), a leading provider of electric vehicle (“EV”) charging and energy management solutions worldwide, today announced a collaboration with Free2move eSolutions, a joint-venture with Stellantis (NYSE: STLA), dedicated to empowering customers with streamlined electric vehicle access solutions. During…
Tiny EV Maker ElectraMeccanica Pulls The Plug On Its Exit Plan
ElectraMeccanica, former maker of three-wheeled electric vehicles, said on Wednesday that it has “terminated” its plan to merge with Tevva, which makes hydrogen-electric trucks (not sandals). ElectraMeccanica said its board decided unanimously to bin the deal over “multiple incurable breaches…
Toyota To Power New EVs In The US With Big LG Battery Supply Agreement
Toyota-battery-supply-EVsToyota has found a battery supplier to power its next wave of electric vehicles in the US. LG Energy Solution and Toyota signed a long-term battery supply agreement Wednesday for upcoming EV models assembled in the US.Starting in 2025, LG…
Autel Energy Officially Releases MaxiCharger DC HiPower in U.S., Redefining Electric Vehicle Charging with Up to 640kW Charging Power
Autel Energy, a global leader in electric vehicle (EV) charging products and services, proudly announces the official launch of its latest innovation, the MaxiCharger DC HiPower, now available for customers across the United States. This cutting-edge charging product sets new…
