article thumbnail

Ansys releases pre-lockdown global survey on vehicle electrification

Green Car Congress

Before the COVID-19 pandemic lockdowns, engineering simulation software company Ansys commissioned a global survey of 16,037 adults resulting in some insights about consumer attitudes toward vehicle electrification. US respondents are most likely to buy an EV if the government offers a federal/state tax credit.

article thumbnail

S&P Global: US faces new challenges meeting increased demand for critical minerals spurred by IRA

Green Car Congress

Copper is not currently listed as a critical mineral in the United States and does not qualify for IRA tax credits. The study then compares project demand post-IRA to available supply, given IRA rules around sourcing in terms of country of origin for production and processing. Freeport McMoRan Inc.; Rio Tinto Corp.;

Global 370
article thumbnail

Tesla Energy x SPAN pair up to offer a home battery storage bundle

Baua Electric

SPAN announced the partnership on LinkedIn and described the bundle as unlocking “special bundled pricing and next-level functionality for the most advanced home energy management technology on the market, including real-time energy insights and backup load control from anywhere in the SPAN App.” The SPAN + Tesla Powerwall 3 bundle has 13.5

Energy 52
article thumbnail

Tesla to bring LFP battery supply chain to US – Bloomberg News – ET Auto

Baua Electric

This year, Tesla’s cheapest cars, the Model 3 compact sedan, lost tax credits for the purchase of EVs under the Inflation Reduction Act. Panasonic partnered with Tesla on Gigafactory in Nevada with investments in the production equipment, which the Japanese supplier uses to manufacture and supply the EV maker with cells.

article thumbnail

Cadillac ramps up Lyriq electric vehicle output as battery supply grows – ET Auto

Baua Electric

General Motors’ Cadillac is ramping up production of its Lyriq compact, electric sport utility vehicle now that more batteries are available and demand for luxury EVs remain strong despite a slowdown for other types of EVs, a senior executive said on Thursday. government tax credit this month as new sourcing guidelines kicked in.

article thumbnail

SK Innovation Q2 profit tops forecast, battery unit eyes EV demand recovery – ET Auto

Baua Electric

“When SK On’s major automaker client Hyundai Motor kicks off EV production in the United States later this year, it would help raise SK On’s EV battery shipment and amount of tax credit received under the U.S. However, it maintained its previously announced target to breakeven in the second half of this year.

Auto 52
article thumbnail

Australia’s resources minister seeks investment from S.Korea, Japan – ET Auto

Baua Electric

More are expected as miners report production this week. Last week, an Australian mining association said it had called for a 10% production tax credit, deferral of royalties and funding for shared infrastructure, among other measures at its meetings with the senior ministers.

Japan 40