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First 35 State plans to build out EV charging infrastructure approved; more than $900M in FY22 and FY23 funding

Green Car Congress

The Department of Transportation’s Federal Highway Administration (FHWA) announced the approval—ahead of schedule under the National Electric Vehicle Infrastructure (NEVI) Formula Program ( earlier post )—of 35 Electric Vehicle (EV) Infrastructure Deployment Plans from States, the District of Columbia and Puerto Rico.

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Tesla Model 3 Highland leases qualify for IRA tax credit loophole

Teslarati

Tesla Model 3 Highland leases are more affordable thanks to a loophole in the Inflation Reduction Act about commercial vehicles. EVs that qualify for the full $7,500 tax credit must be follow the IRA’s assembly and battery requirements. The IRA’s assembly and battery requirements do not apply to commercial vehicles.

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50 U.S. states submit EV infrastructure plans for Biden Administration’s $5B fund

Teslarati

Departments of Transportation and Energy (Joint Office) announced that all 50 states, the District of Columbia, and Puerto Rico submitted EV infrastructure deployment plans for President Biden’s $5 billion fund. Once approved, state departments of transportation can deploy EV charging infrastructure with the funds available. “We

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GM leaps ahead in lithium mining race, secures next-gen extraction deal

Teslarati

General Motors (GM) has secured a next-generation lithium extraction deal with Puerto Rico-based startup, EnergyX. EnergyX, which GM has invested an undisclosed amount of capital into, is looking to pioneer a new lithium extraction method entirely, which could place GM at the forefront of the most affordable lithium on the planet.

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