EV Life

MAY 19, 2023

The Inflation Reduction Act of 2022 (IRA) introduced new guidelines for a federal EV tax credit aimed at helping qualified drivers purchase an electric vehicle. The tax credit is part of a broader plan to make 50% of new vehicles sold in the United States hybrids or plug-ins by 2030. dependence on China.

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Tax Credit Tax Personal F-150 52

Green Car Congress

MAY 11, 2023

Cirba Solutions, a comprehensive battery materials and management company for end-of-life batteries and gigafactory scrap, selected global professional services company Jacobs to expand manufacturing capacity for sustainable electric vehicle (EV) battery materials across North America.

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Tax Credit Battery Batteries Lithium Ion 218

Baua Electric

JANUARY 27, 2024

Which CEO of a global automaker suggested that EVs may never top 30% of the global vehicle market? 4 models qualify for the $7,500 EV tax credit , making it the first foreign automaker to get the nod under tightened sourcing rules. and longer for some markets outside Europe and North America. Which EV from a U.S.

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Tax Credit Tax Price Acura 52

Green Car Congress

MAY 24, 2023

Circulor’s approach can also support the automotive industry in proving the requirements of the US Clean Vehicle Tax Credit. The new alliance comes as global competition is sharply increasing for access to critical raw materials such as lithium, cobalt, nickel and graphite.

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Tax Credit Battery Batteries Tax 170

Teslarati

FEBRUARY 5, 2024

Just weeks after its initial release in North America, the upgraded Tesla Model 3 Long Range Dual Motor All wheel Drive (AWD) has seen a minor price increase. The Model 3 sedan and Model Y crossover comprise the lion’s share of Tesla’s global sales. With the price increase in place, the Model 3 LR now starts at a price of $46,990.

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Tax Credit Price Motors Motoring 129

Electrek

OCTOBER 13, 2022

What’s good for America isn’t necessarily good for your friends across the pond – at least that is the central message to an urgent call to action from the EU this week against what it sees as “discriminatory” tax credits and incentives against European and Asian carmakers in the groundbreaking new Inflation Reduction Act. .

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Europe Tax Credit Global Future 62

Green Car Congress

FEBRUARY 22, 2023

Hyundai Motor America announced pricing, packaging and a 53-kWh battery pack option for the IONIQ 6 electric vehicle. Eligibility for state tax credits is dependent on individual tax circumstances. Customers can select from two battery pack options, either 53 kWh or 77.4 million BEV units worldwide by 2030.

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Hyundai Miles Range Tax Credit 284

Teslarati

OCTOBER 24, 2023

LG Energy Solution (LGES) recently announced that its battery facility in Arizona will become a key production hub for 46-series cylindrical cells in North America. “This will become our core engine for consistent mid-to-long term growth, upon which we will become a global leader providing the world-best value to our customers.”

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Arizona Tax Credit Energy Tax 120

Green Car Congress

AUGUST 18, 2023

Noting similar challenges for other OEMs, Casey Selecman, a forecast director with AutoForecast Solutions, stated, “Everyone is up against it globally, there are looming threats of shortages for nickel, lithium, graphite and cobalt.” GM is not alone. However, the U.S.

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GM North America Nickel Lithium EV1 282

Green Car Congress

NOVEMBER 12, 2022

FREYR Battery announced the selection and purchase of a site in Coweta County, Georgia for its planned Giga America battery plant. The Giga America project will be based on the SemiSolid technology of FREYR’s US-based licensing partner, 24M. FREYR evaluated 163 potentials sites in 25 states. billion through 2029.

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Georgia Battery Batteries Tax Credit 150

Green Car Congress

JANUARY 9, 2010

billion in Recovery Act Advanced Energy Manufacturing Tax Credits for clean energy manufacturing projects across the United States. Scheduled to be fully operational by mid-2011, the facility will be in close proximity to GE Global Research in Niskayuna, where advances to the battery chemistry were developed.

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Tax Credit Obama Tax Clean 210

Teslarati

FEBRUARY 15, 2024

As an industry leader, in line with the global trend of electrification and corresponding clean energy policies, we are upholding the value of sustainability in not just our products but every aspect of our business, including [the] supply chain.” LGES’s plant in Arizona will play a crucial role in North America’s supply chain.

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Supplies Market Arizona Energy 121

Teslarati

AUGUST 24, 2022

Also, the recently signed Inflation Reduction Act encourages automakers—legacy and startup alike—to secure supply chains in North America. . Canada is committed to building a strong and reliable automotive and battery supply chain here in North America to help the world meet global climate goals,” said Champagne.

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Canada Tax Credit Auto North America 98

Blink Charging

APRIL 6, 2023

Needless to say, EV sales are increasing globally. Coming in second is Norway, followed by Sweden, Germany and the United Kingdom rounding out the top five countries for EV adoption, according to the most recent version of the Electric Vehicle Country Readiness Index from ​​ Ernst & Young Global Ltd.

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Electric Vehicles Global Vehicles Tax Credit 52

Teslarati

APRIL 30, 2024

The EV9 has been a stealth winner in the global electric vehicle market. Kia looks to secure US federal tax credit for EV9 in 2025 Kia’s electric vehicle sales in the United States increased by 151% in the first quarter compared to the previous year.

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Kia Tax Credit Motorcycles All-Electric 94

Blink Charging

DECEMBER 19, 2023

Vice President of Global Marketing, joined our esteemed executive team. Thanks to our new network integrations, we are proud to offer a global Blink Charging experience, so EV drivers can use the same global Blink mobile app at thousands of locations in North America, Latin America, Europe, and Asia.

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Tax Credit Puerto Rico North America Tax 52

The Truth About Cars

MARCH 28, 2024

Among many other things, the Inflation Reduction Act changed the way EV tax credits work in the United States. With an eye on reducing America’s dependence on Chinese batteries and materials, the Act incentivizes automakers to source materials from free-trade-compliant countries and build EVs in North America.

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China Tax Credit Chinese North America 74

Baua Electric

FEBRUARY 27, 2024

Global motion technology company Schaeffler plans to expand its US operations with the addition of a new manufacturing facility focused on producing automotive electric mobility solutions. The state government is providing grants and tax credits for the company’s investments, which are expected to create some 650 jobs.

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Ohio Manufacturer South Carolina Tax Credit 52

Green Car Congress

APRIL 14, 2009

million in tax credits to four battery companies announcing plans to invest more than $1.7 The four companies receiving the tax credits and announcing plant plans are Johnson Controls-Saft Advanced Power Solutions LLC; KD Advanced Battery Group LLC; A123Systems Inc.; and LG Chem-Compact Power Inc. A123Systems Inc.

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Tax Credit Michigan Li-ion Tax 150

Cars That Think

DECEMBER 18, 2022

This is to try to meet the Paris Agreement of limiting global warming to 1.5 This sets out US government policy objectives not only to decrease greenhouse gasses, but to be the global EV industrial leader. Volkswagen of America, Inc. the Chinese government also expects to become the undisputed global leader in EVs.

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Teslarati

AUGUST 17, 2022

In June, Tesla was reportedly considering locations in North America for its next plant. According to Natural Resources Canada ( NRCAN )—a government department—the country “is a key global producer of copper, nickel, and cobalt.” Tesla Canada Gigafactory. It was looking at options in Canada, Mexico, and the United States.

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Canada Supplies Tax Credit Tesla 98

Baua Electric

JANUARY 25, 2024

Hyundai sold 268,785 EVs in 2023 During the last three months of 2023, Hyundai sold over 57,975 electric vehicles globally. With this, Hyundai’s global EV sales reached 268,785 in 2023. The company saw solid sales growth across key markets, including North America, Europe, and India.

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Hyundai Electric Vehicles Tax Credit Vehicles 52

Teslarati

MAY 31, 2023

billion The parties agreed to produce EV batteries so Hyundai could accelerate its electrification efforts in North America. The battery plant would allow Hyundai electric vehicles (EV) to qualify for the Inflation Reduction Act’s (IRA) $7,500 tax credit. Hyundai aims to become one of the top three global automakers by 2030.

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United States Hyundai Georgia Energy 96

EV Connect

NOVEMBER 28, 2022

As central as the impact of inflation is in America right now, the Inflation Reduction Act (IRA) aims to do much more than its name conveys. The law targets climate, health care and tax issues in a unique combination of initiatives designed to lower costs and bring down the deficit over the next decade. to buy an electric vehicle.

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Tax Credit Charging Tax Clean 59

Teslarati

FEBRUARY 27, 2024

BYD Executive Vice President and CEO of BYD Americas sat down with Yahoo Finance , and talked about the Chinese automaker’s lack of presence in the US Market and the global electric vehicle (EV) market. Any EVs with components are not eligible for the IRA’s EV tax credits.

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BYD Market United States F-150 103

Teslarati

MARCH 26, 2023

The law incentivizes battery production within the United States and a few other countries in North America through EV tax credits. Tesla battery supplier LGES confirms 4680 cell development, posts $3.7B

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Arizona Battery Batteries Tesla 119

Plug in America

AUGUST 12, 2022

For more than a decade, Plug In America’s top policy priority has been to extend and expand the federal EV tax credits. The original EV tax credits were approved by George W. Thus, Plug In America (PIA) has led numerous campaigns on the tax credits over many years in both Democratic and Republican administrations.

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Tax Credit Tax Purchase 2008 78

Baua Electric

MAY 26, 2023

“We will create a strong foundation to lead the global EV transition through establishing a new EV battery cell plant with LG Energy Solution, a leading global battery producer and long-time partner,” Jaehoon Chang, CEO of Hyundai Motor Co. stated within the remark. in Georgia. Associate Hyundai Mobis Co.

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Hyundai Power Powered Georgia 52

Clean Fleet Report

SEPTEMBER 7, 2022

Also included are tax credits for sustainable aviation fuel (SAF) producers, many of whom have already supported landmark flights powered by renewable, low-carbon advanced biofuels. The Advanced Biofuels Association looks forward to engaging with Congress and the Department of the Treasury for guidance around the IRA’s tax credits.

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Tax Credit Fuel Alternative Tax Congress 81

Baua Electric

JANUARY 6, 2024

Which EVs made the tax-credit shortlist in 2024? 2024 Rivian R1S A preliminary list of 2024 EVs qualifying for the tax credit was released early this week by the EPA, and as expected there are very few models qualified for the full $7,500 amount. Which company faced a $1.7 billion fine for diesel emissions cheating?

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Fisker Kia BYD Tax Credit 52

Teslarati

SEPTEMBER 4, 2022

The research directly contradicts and challenges a statement by Jack Hollis, the executive vice president of sales at Toyota Motor North America. “Since 2018, the decrease in cost flattened out, and even over the last year, it increased somewhat because of the supply chain difficulties and global issues. EV adoption in the U.S.

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Tax Credit Boston Consulting Group 2018 Tax 103

Green Car Congress

FEBRUARY 10, 2015

Volkswagen of America will invest $10 million by 2016 to support the build-out of electric vehicle charging infrastructure in the US, said Jörg Sommer, vice president, product marketing and strategy. Examples in this category include protecting and expanding existing tax credits in the Energy Independence and Security Act.

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America 2016 Charging Gas-Electric 150

Green Car Congress

MARCH 31, 2009

In response to the Presidential Auto Task Force Report that concluded that the plug-in Chevrolet Volt was unlikely to be commercially successful in the short-term due to its cost ( earlier post ), Plug In America is proposing a plan to make GM’s Chevy Volt and other plug-in cars more affordable. and was a co-founder of Plug In America.

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Obama Plug-in Volt America 150

The Truth About Cars

JANUARY 8, 2024

While the federal EV tax credit scheme was never supposed to be an indefinite program, changes made under the Biden administration have allowed manufacturers to continue taking advantage if they can adhere to specific content requirements stipulating that materials and labor be sourced within North America. incentives.

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Canada Honda Building Ohio 82

The Truth About Cars

JANUARY 11, 2024

spending billions just on EV tax credits and just about everyone is wondering where all this money is going. The only real exception seems to be Tesla’s Supercharger network, which is quickly becoming the global standard. The Biden administration has already invested $7.5 Even the most reserved estimates still have the U.S.

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Electric Vehicles Vehicles Tax Credit Puerto Rico 104

Charged EVs

MARCH 11, 2024

Charged : Tell me a bit about the global market for rare earths. When you look at the global supply chain for rare earths across all three stages, Asia is dominant, and China in particular. Matt Sloustcher: If you read the EV Tax Credit legislation, the sourcing restrictions on critical minerals are limited to the battery system.

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Supplies Fort Worth Fuel Tax Credit 103

Baua Electric

MARCH 12, 2024

The Trump administration attempted to eliminate the tax credit for electric vehicles in the original version of their 2020 budget, though the provision never passed. However, manufacturing and jobs are not a minor subject, and cars and weapons are among the last major things that America produces and exports. That’s a fact.

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Electric Cars Cars Tax Credit Electrical 52