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President Obama Announces 48 Projects to Receive $2.4B in Grants for Next-Generation of Batteries and Electric Vehicles; To be Combined with $2.4B in Industry Cost-Share

Green Car Congress

President Obama announced 48 new advanced battery and electric drive projects that will receive $2.4 The announcement marks the single largest investment in advanced battery technology for hybrid and electric-drive vehicles ever made. Industry officials expect that this $2.4 billion investment, coupled with another $2.4

Grant 317
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Inflation Reduction Act – How It Supercharges the Electric Vehicle Industry

EV Match

on a path to reducing emissions more than 40% below 2005 levels, per a Princeton University analysis of the measure’s impacts : expanded tax credits for EVs, batteries, solar panels and wind turbines. Honda announced just days ago that it has struck a deal with Korean battery giant LG Energy Solution to build a $4.4