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Battery-grade lithium carbonate forecast to trade at $74K/tonne in 12 months

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In the US, demand for new energy vehicles is set to increase as the newly passed “Inflation Reduction Act” extends tax breaks for new electric vehicle purchases—although eligibility for the tax break will be determined by the sourcing of critical materials, including lithium. Earlier post.).

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Rechargeable Zinc-Air Battery Company Approved to Receive $6.8M in Loans and Tax Credits from the State of Oregon and City of Portland

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ReVolt Technology, LLC, a company that is developing rechargeable zinc-air batteries ( earlier post ), has been approved to receive a package of loans and tax credits from Oregon and Portland authorities totaling approximately $6.8

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Audi offering plug-in hybrid version of A6 Avant wagon

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This means that it is eligible for a 50% company car tax reduction in Germany. The lithium-ion battery is thus recharged in around 2.5 kWh lithium-ion battery is placed in the rear of the vehicle and is integrated so that the luggage compartment still provides a level and convenient luggage space.

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Mercedes-Benz B-Class Electric Drive priced at $41,450 for US; 85-mile range

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Customers may be eligible for federal tax credits (which run up to $7,500) or state/local tax credits. The new Mercedes-Benz EV features a Tesla drive system equipped with an electric motor generating 177 hp (132 kW) and a 28 kWh lithium-ion battery. 50-state availability will be announced in 2015.

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Chevrolet cuts price on Spark EV; with incentives and “bonus cash”, as low as $14,995

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Depending on an individual’s tax situation, the Spark EV ( earlier post ) is eligible for federal tax credit up to $7,500. California and Maryland Spark EV owners may also qualify for a $2,500 California state rebate or $2,300 Maryland excise tax exemption. A 120V charge cord set comes standard. Electric (Battery)'

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Chevrolet to begin selling Spark EV in Maryland

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Spark EV is priced as low as $17,845, after federal and Maryland tax credits, and it features a locally sourced electric motor and drive unit, manufactured at General Motors’ Baltimore Operations facility in White Marsh, Md. The Spark EV is also sold in California and Oregon, where sales totaled 1,145 in 2014.

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Zinc-Air Battery Company ReVolt Applying for $30M in Recovery Act Funds; Targeting EV Applications

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Revolt’s zinc-air technology offers up to three times the energy density on a volumetric basis and twice on a gravimetric basis of lithium-ion, according to the company. Securing government grants and tax credits will allow ReVolt to significantly accelerate its operations in Portland and US expansion, the company says.

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