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Toyota just started its BEV program, but it wasted all its tax credits on hybrids

Electrek

Toyota has sold its 200,000th plug-in car in the US, meaning its access to the $7,500 federal tax credit will sunset over the course of the next 15 months. The company joins Tesla and GM in no longer qualifying for credits, with Ford and Nissan also expected to hit the limit later this year.

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Kia EV9 wins, Fisker franchises, Tesla tops BYD, leather in EVs: The Week in Reverse

Baua Electric

Which EVs made the tax-credit shortlist in 2024? 2024 Rivian R1S A preliminary list of 2024 EVs qualifying for the tax credit was released early this week by the EPA, and as expected there are very few models qualified for the full $7,500 amount. Which company faced a $1.7 billion fine for diesel emissions cheating?

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Volvo To Go All Electric By 2030 – EV Week in Review: Feb 23-Mar 1

EV Adoption

This past week was certainly quite a whirlwind of EV news and developments from Volvo’s plans to end production of ICE vehicles by 2030, yet another proposal to reform the federal EV tax credit, chip shortages, Washington state’s plans to ban ICE vehicles by 2030, Lucid Air delay, Fisker to partner with Foxconn, and much, much more.

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Sandia Labs/GM Biofuels Systems Study Concludes Large-Scale Production of Advanced Biofuels is Achievable and Sustainable

Green Car Congress

Policy incentives such as a federal cap and trade program, carbon taxes, excise tax credits and loan guarantees for cellulosic biofuels are important to mitigate the risk of oil market volatility. Future enhancements to Sandia’s BDM are planned, contingent on additional partnerships.

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MP Materials has an ambitious US rare earth supply chain strategy to fuel EV innovation

Charged EVs

In 2022, MP signed a long-term agreement with GM to supply US-sourced and manufactured rare earth materials, alloys and magnets. Matt Sloustcher: If you read the EV Tax Credit legislation, the sourcing restrictions on critical minerals are limited to the battery system. Charged : What about your deal with GM?

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MP Materials has an ambitious US rare earth supply chain strategy to fuel EV innovation – Charged EVs

Baua Electric

In 2022, MP signed a long-term agreement with GM to supply US-sourced and manufactured rare earth materials, alloys and magnets. Matt Sloustcher: If you read the EV Tax Credit legislation, the sourcing restrictions on critical minerals are limited to the battery system. Charged : What about your deal with GM?

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Electric Car Makers: Oregon Wants You - Green Inc. Blog - NYTimes.com

Tony Karrer Delicious EVdriven

Governor Kulongoski is currently pushing a plan before the state legislature to cut some hefty tax breaks for electric vehicle manufacturers who choose to come to Oregon, as well as provide huge tax credits to purchasers of electric cars. “My Next: a carbon tax. So why don’t journalist ever write the full story?

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