EV Tax Credit Rules Would Clarify Restrictions on Foreign-made Batteries
The Treasury and Energy departments on Friday proposed rules that would establish which electric vehicles will qualify for tax credits under new thresholds aimed to limit battery ingredients that are made in or sourced from adversaries like China.The proposal falls…
Toyota Plans to Expand Battery EV Line-up in Europe to 6 Models by 2026
Toyota Motor said on Monday it would increase its line-up of battery electric vehicles in Europe to six models by 2026 and it expected such vehicles to make up more than 20per cent of new car sales in the region…
Scottsboro Now has EV Charging Stations
A ribbon-cutting was held Nov. 28 at Scottsboro Electric Power Board to celebrate the fast chargers for electric vehicles that have been installed at 404 East Willow Street. “As automakers retool their factories to build electric vehicles, many more EVs…
Octopus EV gets $700 mln Bank Funding to Expand Employee EV Scheme
An offshoot of Britain’s Octopus Energy has secured a half-billion pound banking deal to finance an expansion of its programme to allow the discounted purchase of electric vehicles (EVs) by the employees of corporate customers. Octopus Electric Vehicles operates a…
Salton Sea area could Produce Enough Lithium for 375 million Electric Car Batteries
The hot brine located in a vast underground reserve beneath the Salton Sea likely contains enough lithium to build batteries for 375 million electric vehicles, according to a new report released Tuesday. The report from Lawrence Berkely National Laboratory and…
EVs With Chinese Parts won’t Qualify for the full $7,500 tax Credit from 2024
The US government has released guidance that will make it harder for EVs to qualify for the full $7,500 tax credit if their batteries contain Chinese components or minerals. New guidance for EV tax creditsA couple of days ago, Electrek…
City of Santa Barbara Announces the Launch of its EV Rebate Program
Santa Barbara Clean Energy, the City’s program that supplies 100% carbon-free electricity to local homes and businesses, is announcing a cash rebate for City of Santa Barbara residents who purchase or lease a qualified electric vehicle (EV). This incentive is…
Car Dealers Warn Biden Administration to Pump Brakes on EV Plans
Most US car buyers aren’t interested in purchasing electric vehicles, incentives or not, a group of US car deals known as EV Voice of the Customer warned the Biden Administration on Tuesday. In a letter addressed to US President Joe…
EU Pitches three Options to Deal with Post-Brexit Tariffs on Electric Cars
The European Commission has come up with three options for how to deal with painful tariffs on electric cars traded with the UK, including one to delay them by as many as three years, according to people familiar with the…
Wisconsin Could Get More Electric Vehicle Chargers if not for one law
Wisconsin will lose out on millions of federal dollars for electric vehicle charging infrastructure if the state does not pass legislation to allow stores or other owners of EV chargers to bill drivers for the amount of electricity they get…