Stellantis Picks Indiana For 2nd US EV Battery Plant
Stellantis announced Wednesday that it would build its second U.S.-based electric vehicle battery plant in Kokomo, Indiana, where the company is already building a similar battery plant. Both facilities are being built as joint ventures with South Korea’s Samsung SDI….
Treasury Department Aims To make It Easier To Get $7,500 EV Tax Credit In 2024
A new proposal by the U.S. Department of the Treasury would make it easier for consumers to get a tax credit when buying a new or used electric vehicle, according to tax and energy experts. Its proposed rules, issued Friday,…
Arizona rural roads in need of electric vehicle charging stations
When John Martinson decided to take a road trip from Phoenix to Newfoundland, Canada, he knew it was not going to be an ordinary trip. He would drive an electric vehicle. Martinson and his wife have owned 10 of them,…
LG Energy Solution Invests $3B In US Battery Manufacturing Expansion
The battery supply deal is part of Toyota’s push to produce 3.5 million battery EVs a year by 2030. To support the push, the automaker announced plans last month to triple its annual EV production target to 600,000 vehicles in…
Volkswagen Is Releasing An Electric Transporter Next Year Using Ford’s EV Components
An electric version of Volkswagen’s iconic Transporter van will debut next year. For the first time, the Transport will not be based on the California camper but on a newly developed platform with Ford.Volkswagen’s Transport is one of the top-selling…
GM To Include EV Batteries In UAW Agreement
ELECTRIC VEHICLES: General Motors agrees to include electric vehicle battery manufacturing under its main agreement with the UAW, leading the union to pause expansion of its strike against the Big Three automaker. ALSO:Climate advocates join striking UAW workers on the…
Immersion Cooling For EV Batteries Market Worth $156.90 Million By 2030
Immersion Cooling for EV Batteries Market in terms of revenue was estimated to be worth $1.23 Million in 2022 and is poised to reach $156.90 Million by 2030, growing at a CAGR of 91.1% from 2022 to 2030 according to…
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…
