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Benchmark: Russia’s invasion of Ukraine risks raising costs for Europe’s auto industry

Green Car Congress

Russia’s largest miner Nornickel produces around 20% of the world’s supplies of high purity class 1 nickel, which is used in electric vehicle batteries. Oil prices rose to a seven-year high above $100 a barrel, while palladium, used in catalytic converters, also hit a seven-month high.

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Ford, GM, Stellantis, Toyota push for Congress to eliminate EV tax credit limits

Teslarati

The CEOs of Ford, General Motors, Stellantis, and Toyota all urged Congress to eliminate the cap on the $7,500 electric vehicle tax credit as zero-emissions vehicles cost more to manufacture. But they still want us to throw $5,000 or $7,000 or $12,000 credit to buy electric vehicles. percent in the past year.

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ABB and HASCO create joint venture to drive smart manufacturing in China’s auto industry

Green Car Congress

The joint venture will build on the existing successful relationship between the two companies, leading to the development of highly flexible and sustainable auto parts manufacturing within HASCO’s China-based operations. Both parties agreed not to disclose any further details about the investment.

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Hillcrest Energy and Hercules Electric partner on electric powertrains

Green Car Congress

Hillcrest Energy Technologies, a developer of power conversion technologies and control system solutions for next-generation electrical systems, and Hercules Electric Mobility, a company bringing electric propulsion systems to market for recreational boating and marine applications, have signed a memorandum of understanding (MOU).

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Electric companies form National Electric Highway Coalition to develop national fast-charging network

Green Car Congress

The Edison Electric Institute (EEI) recently announced the formation of the National Electric Highway Coalition , which merges the Electric Highway Coalition and the Midwest Electric Vehicle Charging Infrastructure Collaboration and now includes additional participating electric companies from across the country.

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BEV Market Share 50% in 2030 — How Stupid Do They Think Americans Are?

CleanTechnica EVs

The legacy Detroit auto industry, the UAW, and the Biden administration reached an agreement at the infamous EV summit at the White House in August 2021. Congress is […]. They would work towards what they think is an ambitious goal — 50% BEV market share by 2030. The plans to reach that goal are being made.

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Argonne white paper outlines battery and R&D requirements for electric aviation

Green Car Congress

A new white paper published by the Argonne National Laboratory Collaborative Center for Energy Storage Science (ACCESS) outlines a clear set of battery requirements and research and development needs to accelerate the commercialization of electric propulsion for aviation—from air taxis in the near term to 737 class aircraft in the long term.

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