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Benchmark: global battery industry needs to invest $514B to meet demand in 2030; $920B by 2035

Green Car Congress

Batteries are the platform technology for clean energy goals, so financing these supply chains is at the heart of the race towards net zero. Its equivalently sized facility in South Carolina is projected to cost $1.3 —Andrew Miller, Benchmark’s chief operating officer Critical Raw Materials.

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Polestar 3 is already on sale with a massive $7,500 purchase incentive

Baua Electric

The $7,500 “Polestar Clean Vehicle Incentive” is good through February 29th. Polestar 3 prototype testing (Source: Polestar) Polestar plans to build the electric SUV at Volvo’s plant in South Carolina. However, it’s unclear whether the Polestar 3 will gain up to $15,000 in purchase incentives with the EV tax credit.

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10 Reasons Your Next Car Should Be an EV

Plug in America

According to an analysis from Environmental Defense Fund, states like Tennessee, Michigan, Ohio, Indiana, Kentucky, Kansas, and North and South Carolina are big winners in manufacturing investment. Since most EVs are only in use a small fraction of each day, they can often charge when energy on the grid is clean, cheap, and abundant.

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US DOE Awards $300 Million in Clean Cities Grants to Support Alternative Fuels, Vehicles, and Infrastructure Development

Green Car Congress

Geographical distribution of Clean Cities Recovery Act awards. The US Department of Energy (DOE) has selected 25 cost-share projects under the Clean Cities program that will be funded with nearly $300 million from the American Recovery and Reinvestment Act. Clean Energy Coalition’s CEC Michigan Green Fleets Initiative.

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Volvo Unveils Compact EX30 All-Electric SUV

The Truth About Cars

But it’s a fine line between offering a clean interior layout and one that’s missing things to save money. “We But it still seems a little expensive and we don’t know which EV tax credits it’ll be eligible for due to it being produced inside of China. Localized assembly may eventually manifest at Volvo's South Carolina plant.

Volvo 96
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Mercedes eSprinter first drive: here’s the deal – it’s a van, but it’s electric

Baua Electric

In Europe, the eSprinter will be available in 3 battery configurations (56, 81 and 113kWh) and in short- and long-wheelbase versions, but here in the US we’re only getting access to the long-wheelbase, largest battery version, which will be built in Charleston, South Carolina. FTC: We use income earning auto affiliate links.

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The US’s largest renewable developer says it’s ‘unlikely’ GOP would gut clean energy tax credits

Baua Electric

The US’s largest renewable developer on the IRA The Biden administration’s landmark climate change law, the Inflation Reduction Act, has created a US clean energy manufacturing boom, thanks to the generous tax credits and other incentives. The Republican Party says it’s going to work to repeal it. But time will tell.