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After chiding Ford for US CATL battery plan, GM may be seeking its own

Baua Electric

General Motors is negotiating a U.S. or Mexico, along with a GM license agreement for CATL’s LFP battery tech. car manufacturing.” So even if Ford or GM controls manufacturing, Chinese intellectual property could make these deals a legal gray area.

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GM in talks with CATL to license cheaper LFP EV battery tech and joint North American plant

Baua Electric

General Motors (GM) is reportedly in talks with battery giant CATL to license its cheaper LFP battery tech. Details are scarce, but the plant will likely be in the US or Mexico. The American automaker will manufacture the cells with knowledge from CATL. It will be similar to the agreement between CATL and rival Ford.

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Rivian informs customers of IRS guidance on EV tax credits

Teslarati

Rivian emailed customers about the Internal Revenue Service’s (IRS) recently released guidance regarding the EV tax credits under the Inflation Reduction Act (IRA) of 2022. Foley & Lardner LLP explained the latest IRS guidance regarding EV tax credits. These qualifications applied as of January 1, 2023.

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Mullen’s electric trucks earn CARB certification, qualifying for over $45k in customer savings

Baua Electric

2023 was an interesting year for Mullen Automotive ($MULN) as the veteran EV startup took significant strides in expanding its commercial EV operations after claiming a majority stake in Bollinger Motors in September of 2022 and wholly acquiring ELMS and its IP one month later. starting at a suggested MSRP of $68,500.

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Ford to Invest Additional $450M in Michigan for Hybrid and Plug-in Vehicle Production; Battery System Design and Development to Be In-House Core Competency

Green Car Congress

Ford Motor Company will invest an additional $450 million in its electric vehicle plan, paving the way to build its next-generation hybrid and plug-in hybrid vehicle vehicles in Michigan beginning in 2012. The Michigan Economic Growth Authority board approved a package of incentives and tax credits totaling $188 million.

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Tesla supplier sheds light on graphite supply challenge for EV battery manufacturers [Editorial]

Teslarati

There are many challenges that EV battery manufacturers might face in the graphite market as electric vehicle demand continues to rise. The recently passed Inflation Reduction Act included EV tax credits that could go as high as $7,500 for automakers that adhere to a few specific requirements.

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Ford Investing $550M to Retool SUV Plant to Produce Focus Small Car and EV

Green Car Congress

Ford Motor Company is investing $550 million to transform its Michigan Assembly Plant into a flexible manufacturing complex that will build Ford’s next-generation Focus global small car along with a new battery-electric version of the Focus for the North American market. Earlier post.)

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