Teslarati

JULY 12, 2023

Tesla has updated the Model 3 sedan’s landing page with a new message about the all-electric sedan and its eligibility for the US Inflation Reduction Act’s (IRA) federal tax credit. As per the EV maker, reductions to the Model 3’s federal tax credit will likely take effect after December 31, 2023.

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Teslarati

APRIL 17, 2023

General Motors (GM) expects the Chevrolet Silverado EV to get the Inflation Reduction Act’s (IRA) full $7,500 tax credit. Fleet customers including for BrightDrop and the Chevrolet Silverado EV will benefit from the $7,500 commercial incentive,” stated General Motors. The Ultium line will likely adhere to the U.S.

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Teslarati

MARCH 31, 2023

The IRS has updated its guidance relating to the Inflation Reduction Act’s (IRA) tax credit that applies to electric vehicles, with new rules coming into effect on April 18. These rules go into effect on April 18, and the IRS will publish a new list of what models will qualify for specific credits.

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Teslarati

DECEMBER 3, 2021

The $12,500 electric vehicle tax credit proposed in President Joe Biden’s “Build Back Better” plan is being labeled as “discriminatory” by Mexican Economy Minister Tatiana Clouthier, who said the country is analyzing legal recourse and other actions, including potential tariffs against the United States.

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Teslarati

JUNE 22, 2022

US Senator Joe Manchin noted during an interview at the Capitol on Tuesday that the proposed and controversial $4,500 bonus tax credit for electric vehicles made with domestic union labor has effectively been scrapped. Discussions are still ongoing if the 200,000-vehicle cap for the United States’ EV tax credit should be lifted.

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Teslarati

NOVEMBER 8, 2021

One of the most notable portions, for electric vehicle drivers at least, of President Joe Biden’s Build Back Better plan is the introduction of a massive $12,500 EV tax credit that will be offered to those who choose to drive sustainable cars. Instead, the additional funds would be returned to the government.

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Teslarati

MAY 27, 2021

The United States Senate Finance Committee is looking to boost the possible Electric Vehicle Tax Credit to $12,500 for manufacturers that have assembled union workers within the U.S. will still qualify for tax credits but will not receive the full amount. unionized workers. What do you think? The post U.S.

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Teslarati

MAY 31, 2023

Toyota is taking the leap and investing more in the United States. Toyota’s electric SUV will be assembled in the United States, qualifying for the Inflation Reduction Act’s (IRA) electric vehicle (EV) tax incentives. The new SUV will be Toyota’s first battery electric vehicle (BEV) assembled in the United States.

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EV Adoption

NOVEMBER 26, 2021

On Friday November 20 the House of Representatives passed the Build Back Better Act (BBBA) which means the bill is now off to the Senate where we can expect the possibility of many changes to the current proposed legislation. According to CNBC , Senate Majority Leader Chuck Schumer wants to pass the Build Back Better Act by Christmas.

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Baua Electric

MAY 3, 2023

Kia The united states will incline aggressively into an Inflation Relief Office provision that permits it to go ailing a $7,500 federal incentive to electrical automobile shoppers who choose to hire as opposed to purchase, in line with Eric Watson, the automaker’s gross sales leading. Watson stated. now to 30 to 40 p.c,

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Teslarati

APRIL 7, 2022

Toyota will soon join Tesla and General Motors as automakers that no longer qualify for the $7,500 electric vehicle tax credit. After electric vehicle manufacturers reach 200,000 unit sales, they no longer qualify for the EV tax credit.

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Teslarati

MAY 31, 2023

LG Energy Solutions (LGES) and Hyundai teamed up to build a battery cell manufacturing plant in the United States. The battery plant would allow Hyundai electric vehicles (EV) to qualify for the Inflation Reduction Act’s (IRA) $7,500 tax credit. Each company holds a 50% stake in the joint venture for the U.S.-based

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Teslarati

SEPTEMBER 17, 2022

Tesla is still planning to build electric vehicle battery cells in Germany at Giga Berlin, and faster than previously projected. Earlier this week, the Wall Street Journal reported Tesla was planning to delay battery cell production outside of the United States as recently-signed tax credit plans benefit domestic battery manufacturing.

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Green Car Reports

NOVEMBER 7, 2022

Subaru is unlikely to follow other automakers in moving EV production to the United States to align with new tax-credit rules, according to a recent Automotive News report. And the automaker is blaming, among other things, McDonald's. The recently passed Inflation Reduction Act (IRA) makes U.S.

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The Truth About Cars

NOVEMBER 6, 2023

The report noted that Tesla plans to build a car with a 25,000-Euro starting price, or just shy of $27,000. While the Model 3’s prices have fallen in recent times, the least expensive model in the line is $38,990 before tax credits and local incentives.

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Teslarati

JANUARY 8, 2024

During CES 2024, Panasonic Energy of North America’s president Allan Swan said the Japanese company is still planning to build a third electric vehicle (EV) battery plant in the United States. The Internal Revenue Service (IRS) has already released the list of EVs eligible for tax credits under the Inflation Reduction Act (IRA).

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Teslarati

NOVEMBER 17, 2021

The introduction of President Joe Biden’s “Build Back Better” plan ignited some electric vehicle enthusiasts with a new sense of relief that their country was considering revamping the EV incentive program in the United States. 12,500 EV Tax Credit included in revised Biden Build Back Better plan.

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Teslarati

FEBRUARY 27, 2024

China’s top new energy vehicle manufacturer, BYD, has no plans to enter the United States auto market. “Complications” in the US EV Market Li explained BYD’s reasons for staying out of the United States EV market. . “Everything is complicated.

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Blink Charging

FEBRUARY 15, 2024

The United States Interstate Highway System is often referred to as the “greatest public works project in American history.” 1 million publicly accessible Level 2 charging ports at locations that include high-density neighborhoods, office buildings, and retail outlets.

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The Truth About Cars

MARCH 8, 2024

4 range, it remains the only European EV that qualifies for federal tax credits in the United States. VW started building the SUV in Tennessee and sources batteries from SK On, giving the vehicle full access to the $7,500 credit. The new model is also expected to qualify.

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Teslarati

NOVEMBER 6, 2021

The newly-revised electric vehicle incentive program, which is a part of President Biden’s Build Back Better plan , could officially spell the end of the combustion engine era in the American automotive industry. The new EV tax credit breakdown could award as much as $12,500 for an EV purchase, but that’s not the best part.

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Teslarati

FEBRUARY 10, 2023

The company made the same cuts in the United States, with the biggest discounts coming on the Model Y, with reductions by as much as $13,000. lineup of Model Y trims was added to the IRS’s list of vehicle qualifying for federal tax credits in early February, Tesla pushed prices up slightly. After the entire U.S.

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Green Car Congress

SEPTEMBER 1, 2023

Eos Energy, a provider of safe, scalable, efficient, and sustainable zinc-powered long-duration stationary energy storage systems, announced Project AMAZE (American Made Zinc Energy), a $500-million planned expansion and a significant milestone to build 8 GWh of clean energy storage production capacity.

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Baua Electric

JULY 5, 2023

Building of a $3.7-billion The automaker halted some building Would possibly 15. MORE SUBSIDIES NextStar sought after extra executive aid then the US introduced in August 2022 pristine manufacturing tax credit for EV battery makers as a part of the IRA. regulation, battery makers get a tax credit score of U.S. $35

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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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Teslarati

FEBRUARY 28, 2024

Hyundai Motor Group’s Metaplant America (HMGMA ) in Georgia will likely boost its electric vehicle (EV) sales in the United States. The Asian car company is also building a $5 billion EV battery cell plant with SK ON in Georgia, which is expected to employ 3,500 workers. Hyundai Motor Group is investing $7.59

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Green Car Congress

JANUARY 9, 2010

billion in Recovery Act Advanced Energy Manufacturing Tax Credits for clean energy manufacturing projects across the United States. The 183 projects in 43 states include several for the manufacturing of advanced batteries; biomass projects; and vehicles. President Obama announced the award of $2.3

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Teslarati

FEBRUARY 15, 2024

The Inflation Reduction Act (IRA) has boosted electric vehicle (EV) investments in the United States. “As LG Energy Solution is building a battery plant in Arizona to help its customers see IRA requirements. LGES’s plant in Arizona will play a crucial role in North America’s supply chain.

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Teslarati

MARCH 16, 2023

Foxconn, the iPhone manufacturer that bailed out Lordstown Motors from bankruptcy, announced that it would build electric vehicle batteries in Wisconsin and Ohio on Thursday, hoping to take advantage of the Inflation Reduction Act that incentivizes domestic cell manufacturing. I’d love to hear from you!

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The Truth About Cars

JANUARY 11, 2024

Hoping to increase the United States’ electric vehicle charging infrastructure, the White House has announced $623 million in grants to build more charging stations. Battery electric vehicles have been on the market for over a decade and there are now loads of companies focused on building charging stations.

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Teslarati

AUGUST 31, 2023

The Fisker Pear will be produced in the United States and would likely benefit from the country’s EV tax incentives from the Inflation Reduction Act. It plans to build a factory in Ohio for Fisker Pear production. The Fisker Pear could qualify for some of the tax incentives listed in the Inflation Reduction Act.

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Cars That Think

JULY 29, 2022

Legislation aimed at increasing semiconductor manufacturing in the United States has finally passed both houses of Congress, following a multiyear journey that saw many mutations and delays. It’s part of a $280 billion package aimed at improving the United States’ ability to compete in future technologies.

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Green Car Congress

DECEMBER 6, 2020

The United States, which is already home to the highest number of operational CCS facilities, continues its lead in the global CCS league and hosts 12 of the 17 new commercial facilities added to the project pipeline in 2020. 2020 saw increased ambition and support for CCS in Europe as well.

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Teslarati

APRIL 10, 2023

Musk explained that Ramaswamy’s take on the matter is “wrong on many levels,” particularly since Tesla is growing rapidly in the United States. Whereas everyone else except for GM gets the $7,500 tax credit. Tesla’s made roughly two-thirds of all the electric cars made in the United States.

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Teslarati

AUGUST 24, 2022

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. For instance, South Korean battery suppliers have also started preparing to move production to the United States. trading partner by 2024.

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Teslarati

APRIL 25, 2023

Hyundai and SK On recently released more information on its battery cell production facility in the United States. The South Korean companies invested $5 billion in Bartow Country, Georgia, to build the EV battery plant. Each company is taking a 50% stake in the Georgia battery facility.

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Teslarati

NOVEMBER 30, 2023

The Swedish-Chinese brand committed to manufacturing the Polestar 3 in the United States in 2021. As such, the Polestar 3 should qualify for the Biden Administration’s tax credits under the Inflation Reduction Act. We will build in America for Americans,” said Polestar CEO Thomas Ingenlath.

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