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US DOE releases 2023 Critical Materials Assessment to evaluate supply chain security for clean energy technologies

Green Car Congress

In addition to informing crosscutting DOE priorities including the Critical Materials Research, Development, Demonstration, and Commercialization Application Program (RDD&CA), the DOE Critical Materials List will inform eligibility for tax credits under the Inflation Reduction Act 48C.

Clean 370
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AFS Trinity Awarded Patent for Extreme Hybrid Drivetrain; Company Arguing for Full PHEV Tax Credit

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The company said it expects DOE and US Congressional recognition of the cost, safety and performance benefits of the new technology in the form of the full plug-in hybrid tax credit of $7,500 to vehicles using this technology.

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Using blockchain traceability to build a circular battery economy

Green Car Congress

Electric vehicles are one of the most powerful climate solutions today—but also one of the most under-utilized. In fact, it’s all a lot of us are talking about. As relatively young businesses, it’s clear to both Polestar and Circulor that there are solutions out there that can affect real, meaningful change.

Economy 330
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BNEF forecasts global energy storage market to grow 15-fold by 2030 to 411 GW/1194 GWh

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However, while the new tax credit policy supports more growth based on BNEF’s long-term forecast, supply chain constraints cloud deployment expectations until 2024. Record electricity prices are forcing consumers to consider new forms of energy supply, driving the residential storage market in the near term.

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OECD paper presents and analyzes policies and programs to foster market growth of green cars

Green Car Congress

The paper, “Market Development for Green Cars”, presents and analyses policies, programs and approaches for the development, market introduction and diffusion of green cars (primarily from the demand (pull) side). Alternative fuels include biofuels, natural gas, hydrogen and electricity from the grid.

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J.D. Power: First-time owners find switching to EVs highly satisfactory

Green Car Congress

First-time owners who have made the switch to battery electric vehicles (BEVs) are discovering that it is a positive experience. Power 2022 US Electric Vehicle Experience (EVX) Ownership Study. The overall EVX ownership index score measures electric vehicle owner satisfaction in both premium and mass-market segments.

Power 259
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Lucid Air debuts in New York; completes first high speed stability test at 217 mph

Green Car Congress

Lucid Motors made its global auto show debut at the New York International Auto Show, presenting the Lucid Air luxury electric sedan and also presenting its Alpha Speed Car test vehicle, which had just completed its first high-speed stability test at 217 mph (349.2 The Lucid Air is priced from $52,500 after federal tax credits.

New York 170