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Honda may build an EV factory in Canada featuring in-house battery cells

Teslarati

In June, Honda and LG Energy Solution (LGES) broke ground on a new EV plant in Jeffersonville, Ohio. It’s also expected to help the automaker gain access to EV tax credits in the U.S. “Each company remains committed to affordability in the EV market.” . states, California , Maryland and New Jersey.

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2023 was a tremendous year for both EVs and Plug In America!

Plug in America

Clean Vehicle Tax Credits Clean vehicle tax credits kicked into high gear in 2023. New federal EV tax credits were expanded and updated, and credits for used and commercial EVs became available for the first time in January. Continue to support states on NEVI planning and implementation.

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Honda, Acura neatly situated in 2023, says American Honda’s Mamadou Diallo

Baua Electric

However most significantly, our broker frame is re-energized as they’re in the end eye merchandise are available in and will fulfill buyer call for. Past that we’re taking steps to enhance our provide chain, together with the availability of microchips not too long ago fasten via our international CEO, Toshihiro Mibe.

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Obama Administration launches series of actions to accelerate EV adoption; inc. $4.5B in loan guarantees, pursuing 350 kW fast charge

Green Car Congress

Promote electric vehicle adoption by increasing access to charging infrastructure and supporting the development of plug-in electric vehicles that are as accessible, available, and convenient as gasoline-powered vehicles. It will also list current tax credits and incentives applicable to EV charging.

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Profile: Farmers Ethanol: Focusing on Sustainable Corn Ethanol Production and a Triple Bottom Line

Green Car Congress

Finally, they believe that during the launch and operation of their business, located in Appalachian Ohio, they will bring economic opportunity to a rural community that has been struggling financially over the last several decades. We can make our facilities custom tailored for a site, corn in Ohio, it might be sorghum in Texas.

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Proposed Changes to the Federal EV Tax Credit Passed by the House of Representatives

EV Adoption

For electric vehicles, the BBBA includes multiple proposed changes to IRC 30D, more commonly knows as the federal EV tax credit. Perhaps the mostly likely is the requirement for EVs to be assembled in the US in a union factory to qualify for an additional $4,500 tax credit. Tax Credit Becomes Refundable.

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The redesigned federal EV tax credit and other EV-related measures

Charged EVs

The provision that’s gotten the most press is a redesign of the federal EV tax credit—that’s only natural, because it’s the policy that’s most likely to directly affect the average consumer, and because politicians love to talk about tax breaks. Credit where credit is due.