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LG Energy Solutions shifts plans for Arizona plant

Teslarati

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. ” The Arizona plant was initially expected to produce 2170 cells at an annual capacity of 27 GWh. . billion to $5.5 billion with a margin of 6.3%.

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LG Energy Solution secures lithium supply for the North American market

Teslarati

LG Energy Solution is building a battery plant in Arizona to help its customers see IRA requirements. The IRA has struck requirements on sourcing minerals for EV batteries, significantly affecting the number of electric vehicles that qualify for tax credits. The South Korean company is a longtime Tesla supplier.

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Prius Plug-In eligibile for a $1,500 California consumer incentive plus $2,500 Federal tax credit

Green Car Congress

Designed to promote the use of Zero Emissions Vehicles (ZEV) and related clean vehicle technologies, the CVRP is a consumer incentive made available in addition to a $2,500 Federal Tax credit. The 2012 Prius Plug-in also offers consumers eligibility for the State of California’s HOV lane sticker.

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LG Energy Solution reports steady increase in profit for FY 2023 

Teslarati

This positive trend was partially fueled by tax credits from the U.S. billion KRW from the IRA tax credit, which grew 16% from the previous quarter due to a solid performance from LGES factories in the United States. Excluding the tax credit: Operating profit would be KRW 88.1 from the same period last year.

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Arizona’s largest battery will help feed your Google habit

Baua Electric

Photo: Salt River Project Arizona’s largest battery storage system is now online and, along with solar and wind, will help power a new Google data center – here’s why that matters. Google’s Mesa data center will also draw clean power from the new 88 MW solar + storage Storey Energy Center in Coolidge, Arizona. Get started here. –

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The Importance of Electrifying Municipal Vehicles

Clean Fleet Report

A report from the Arizona Public Interest Research Group (PIRG) found that switching to electric fleets could save $14 million in pollution-related expenses over the lifetime of the municipal vehicles—and that’s just in Arizona. With those tax credits, electric municipal vehicles make sense in terms of saving money.

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GM adding more than 1,100 jobs, $14M to expand Cruise Automation self-driving operations in California

Green Car Congress

Cruise Automation and GM engineers are currently testing more than 50 Chevrolet Bolt EVs with self-driving technology on public roads in San Francisco; Scottsdale, Arizona; and metro Detroit. The incentive was approved by the California Competes Tax Credit Committee at a meeting in Sacramento.