Biden Awards $2.8B To Boost Domestic EV Battery Supply
President Joe Biden announced $2.8 billion in grants on Wednesday to expand U.S. production of electric vehicle batteries, with some awards going to suppliers of major auto companies including Tesla and Mercedes-Benz. Twenty companies received grants ranging from $50 million…
Here’s Why A New $40,000 Electric Vehicle Tax Credit For Business Owners May Be relatively Easy To Get
Business owners will be able to avail themselves of a new tax credit for electric vehicles starting next year — and it should be easier to get than a similar tax break for consumer households buying “new clean” passenger cars,…
Audi’s Line Of EVs May Soon Be Produced In The United States
Audi’s line of EVs may soon be produced in the United States, as soon as 2023, thanks to the newly signed Inflation Reduction Act (IRA). The IRA encourages electric vehicle manufacturers to build their vehicles in the USA. For BEVs…
China’s BYD Extends Lead Over Tesla After Stealing Its Crown, As Chinese Drivers Opt For Cheaper Models
BYD, the Chinese carmaker backed by Warren Buffett’s Berkshire Hathaway, has extended its sales lead over Tesla as a growing number of Chinese drivers make the switch to battery-powered vehicles at the lower end of the price spectrum. The Shenzhen-based…
GSA Chooses EnviroSpark For Federal EV Charging Installs In Southeast US
In 2021, President Biden announced that he wants to replace all federal government vehicles with “clean electric vehicles.” It’s a big challenge, and that’s before you consider all the government agencies that are able to purchase vehicles through GSA. This…
U.S. Awards $2.8 BN In Grants For Electric Vehicle Batteries In 12 States
The Biden administration on Wednesday awarded $2.8 billion in grants to build and expand domestic manufacturing of batteries for electric vehicles in 12 states. A total of 20 companies will receive grants for projects to extract and process lithium, graphite…
Global Lithium & EV Battery Raw Material Supply Chain Congress
North American automotive OEMs now face a significant challenge, frequently cited as the most urgent today. Addressing how lithium and critical battery raw materials supply will meet demand as firms race to ramp up B.E.V. manufacturing. American Business Conferences built…
EU expects its electric cars can get level playing field in U.S.
WASHINGTON — European Union and U.S. officials expect to reach agreement that would grant EU companies, including electric car makers, the same status as U.S. ones in the U.S. market, to avoid what the EU calls discrimination against its producers…
Automakers’ Bold Plans for Electric Vehicles Spur U.S. Battery Boom
Many automakers with U.S. operations plan to significantly ramp up production of electric vehicles this decade and, in the process, commit huge capital outlays. Meeting these ambitious manufacturing goals will require batteries—lots of them—as an electric vehicle (EV) can use…
What will the EV revolution mean for Detroit?
At the 1992 Detroit Auto Show, the first Jeep Grand Cherokee off the assembly line climbed the stairs of Cobo Hall and broke through a glass window, hauling Detroit mayor Coleman Young in the passenger seat. The entrance made an…
