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Progress! IRA signed into law

Electric Auto Association

The Inflation Reduction Act (IRA) is a massive climate, health care, and tax bill with the overarching goal of slowing the rise in consumer prices that have been climbing at the fastest pace in approximately 40 years. For all tax related items, consult with a tax advisor. Most comprehensive climate package in U.S.

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Market Update: How Battery Pack Costs Declined Since 2008

Blink Charging

Electric vehicles, renewable energy systems, and grid energy storage all rely on efficient and affordable energy storage solutions, primarily lithium-ion batteries. The US Department of Energy’s Vehicle Technologies Office reported a remarkable 89% decrease in the cost of electric vehicle lithium-ion battery packs between 2008 and 2022.

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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

Louisville Gas & Electric and Kentucky Utilities. It will also list current tax credits and incentives applicable to EV charging. This will result in a significantly smaller, lighter weight, less expensive battery pack (below $100/kWh) and more affordable EVs. Duke Energy Kentucky. General Motors. Hawaiian Electric.

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