Teslarati

FEBRUARY 5, 2024

Just weeks after its initial release in North America, the upgraded Tesla Model 3 Long Range Dual Motor All wheel Drive (AWD) has seen a minor price increase. The Model 3 sedan and Model Y crossover comprise the lion’s share of Tesla’s global sales. With the price increase in place, the Model 3 LR now starts at a price of $46,990.

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Tax Credit Price Motor Motors 131

Green Car Congress

FEBRUARY 22, 2023

Hyundai Motor America announced pricing, packaging and a 53-kWh battery pack option for the IONIQ 6 electric vehicle. Eligibility for state tax credits is dependent on individual tax circumstances. Customers can select from two battery pack options, either 53 kWh or 77.4 million BEV units worldwide by 2030.

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Hyundai Miles Range Tax Credit 284

Teslarati

OCTOBER 24, 2023

LG Energy Solution (LGES) recently announced that its battery facility in Arizona will become a key production hub for 46-series cylindrical cells in North America. “This will become our core engine for consistent mid-to-long term growth, upon which we will become a global leader providing the world-best value to our customers.”

Arizona 124

Arizona Tax Credit Energy Tax 124

Green Car Congress

NOVEMBER 12, 2022

FREYR Battery announced the selection and purchase of a site in Coweta County, Georgia for its planned Giga America battery plant. The Giga America project will be based on the SemiSolid technology of FREYR’s US-based licensing partner, 24M. FREYR evaluated 163 potentials sites in 25 states. billion through 2029.

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Georgia Batteries Battery Tax Credit 150

Green Car Congress

JANUARY 9, 2010

billion in Recovery Act Advanced Energy Manufacturing Tax Credits for clean energy manufacturing projects across the United States. Scheduled to be fully operational by mid-2011, the facility will be in close proximity to GE Global Research in Niskayuna, where advances to the battery chemistry were developed.

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Tax Credit Obama Tax Clean 210

Teslarati

FEBRUARY 15, 2024

As an industry leader, in line with the global trend of electrification and corresponding clean energy policies, we are upholding the value of sustainability in not just our products but every aspect of our business, including [the] supply chain.” LGES’s plant in Arizona will play a crucial role in North America’s supply chain.

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Supplies Market Arizona Energy 131

Blink Charging

APRIL 6, 2023

Needless to say, EV sales are increasing globally. Coming in second is Norway, followed by Sweden, Germany and the United Kingdom rounding out the top five countries for EV adoption, according to the most recent version of the Electric Vehicle Country Readiness Index from ​​ Ernst & Young Global Ltd.

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Electric Vehicles Global Vehicles Tax Credit 52

The Truth About Cars

MARCH 28, 2024

Among many other things, the Inflation Reduction Act changed the way EV tax credits work in the United States. With an eye on reducing America’s dependence on Chinese batteries and materials, the Act incentivizes automakers to source materials from free-trade-compliant countries and build EVs in North America.

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China Tax Credit Chinese North America 98

Teslarati

APRIL 30, 2024

The EV9 has been a stealth winner in the global electric vehicle market. Kia looks to secure US federal tax credit for EV9 in 2025 Kia’s electric vehicle sales in the United States increased by 151% in the first quarter compared to the previous year.

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Kia Tax Credit Motorcycles All-Electric 103

Blink Charging

DECEMBER 19, 2023

Vice President of Global Marketing, joined our esteemed executive team. Thanks to our new network integrations, we are proud to offer a global Blink Charging experience, so EV drivers can use the same global Blink mobile app at thousands of locations in North America, Latin America, Europe, and Asia.

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Tax Credit Puerto Rico North America Tax 52

Baua Electric

FEBRUARY 27, 2024

Global motion technology company Schaeffler plans to expand its US operations with the addition of a new manufacturing facility focused on producing automotive electric mobility solutions. The state government is providing grants and tax credits for the company’s investments, which are expected to create some 650 jobs.

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Ohio Manufacturer South Carolina Tax Credit 52

Green Car Congress

APRIL 14, 2009

million in tax credits to four battery companies announcing plans to invest more than $1.7 The four companies receiving the tax credits and announcing plant plans are Johnson Controls-Saft Advanced Power Solutions LLC; KD Advanced Battery Group LLC; A123Systems Inc.; and LG Chem-Compact Power Inc. A123Systems Inc.

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Tax Credit Michigan Li-ion Tax 150

Baua Electric

JUNE 3, 2024

Hyundai Motor America sold a record number of IONIQ 5 models in May as EV sales continue trending higher. In an exclusive interview with Electrek last month, Hyundai America CEO Randy Parker said the automaker is “humble and hungry” to separate itself from EV rivals. Hyundai IONIQ 6 sales are also up 188% YOY through May.

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Hyundai Sale Tax Credit Tax 52

Teslarati

MAY 31, 2023

billion The parties agreed to produce EV batteries so Hyundai could accelerate its electrification efforts in North America. The battery plant would allow Hyundai electric vehicles (EV) to qualify for the Inflation Reduction Act’s (IRA) $7,500 tax credit. Hyundai aims to become one of the top three global automakers by 2030.

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United States Hyundai Georgia Energy 98

Baua Electric

JANUARY 25, 2024

Hyundai sold 268,785 EVs in 2023 During the last three months of 2023, Hyundai sold over 57,975 electric vehicles globally. With this, Hyundai’s global EV sales reached 268,785 in 2023. The company saw solid sales growth across key markets, including North America, Europe, and India.

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Hyundai Electric Vehicles Tax Credit Vehicles 52

Baua Electric

MAY 26, 2023

“We will create a strong foundation to lead the global EV transition through establishing a new EV battery cell plant with LG Energy Solution, a leading global battery producer and long-time partner,” Jaehoon Chang, CEO of Hyundai Motor Co. stated within the remark. in Georgia. Associate Hyundai Mobis Co.

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Hyundai Power Powered Georgia 52

Baua Electric

JANUARY 6, 2024

Which EVs made the tax-credit shortlist in 2024? 2024 Rivian R1S A preliminary list of 2024 EVs qualifying for the tax credit was released early this week by the EPA, and as expected there are very few models qualified for the full $7,500 amount. Which company faced a $1.7 billion fine for diesel emissions cheating?

Fisker 52

Fisker Kia BYD Tax Credit 52

Green Car Congress

FEBRUARY 10, 2015

Volkswagen of America will invest $10 million by 2016 to support the build-out of electric vehicle charging infrastructure in the US, said Jörg Sommer, vice president, product marketing and strategy. Examples in this category include protecting and expanding existing tax credits in the Energy Independence and Security Act.

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America 2016 Charging Gas-Electric 150

Teslarati

JANUARY 17, 2023

Tesla’s operating margin is currently third among all global automakers, trailing only Ferrari and BMW. The analyst said rebasing earnings is “painful,” but the move shows Tesla has more levers to pull than other OEMs to trigger demand.

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Price United States Tax Credit China 114

Green Car Congress

JUNE 28, 2011

JCI is projecting between 70-–92% demand for start-stop systems in new vehicles by 2020 in the Europe, North America and China markets, squeezing out conventional ICE vehicles. Pending final state and local approvals, Johnson Controls will receive a combination of tax credits and incentives from the state of Ohio totaling $25 million.

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2020 Global Market Batteries 199

Blink Charging

NOVEMBER 2, 2023

Expanding Battery Manufacturing Capacity in North America In North America, the United States is the leading market for lithium-ion batteries. Now EVs must meet minimum requirements for the critical minerals extracted or mined and battery components manufactured or assembled in North America. Historical data is an eye-opener.

2008 52

2008 Market Lithium Ion Batteries 52

Green Car Congress

DECEMBER 2, 2013

In the beginning of 2014, Hitachi plans to begin a demonstration test of this energy storage system in North America. Furthermore, Hitachi will examine whether to promote the system, to be named “CrystEna” (Crystal+Energy), as one of its solution businesses for expanding the transmission & distribution business in the global market.

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Energy Storage Li-ion Grid Energy 210

Baua Electric

MAY 23, 2024

EV registrations grew in March despite Tesla’s decline According to the latest EV registration data from S&P Global Mobility, several automakers gained market share in March. Some, including Tom Libby, associate director of industry analysis at S&P Global Mobility, expect the Model 3 to make a comeback this year.

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Hyundai F-150 Ford Kia 52

EV Adoption

MARCH 3, 2021

This past week was certainly quite a whirlwind of EV news and developments from Volvo’s plans to end production of ICE vehicles by 2030, yet another proposal to reform the federal EV tax credit, chip shortages, Washington state’s plans to ban ICE vehicles by 2030, Lucid Air delay, Fisker to partner with Foxconn, and much, much more.

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Volvo All-Electric Tax Credit Fisker 95

Baua Electric

APRIL 28, 2024

. “While we saw drops in EV battery shipment in the first quarter caused by customers’ battery inventory adjustment, we expect to see improved market environment backed by launches of new EVs in North America,” SK On Chief Financial Officer Kim Kyunghoon said in a post-earnings conference call.

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Auto Batteries Battery South Korea 52

Clean Fleet Report

JANUARY 26, 2024

Coupled with conventional fuel prices, which remain high in many markets, switching to electric will remain a strategic decision for fleet operators across North America. The coming year will also present commercial fleets with the opportunity to electrify at a discount through Clean Commercial Vehicle Credits. However, the U.S.

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Grid Energy Storage Fleet Charging 61

Blink Charging

MAY 19, 2023

Hospitality owners and managers are essential to the global switch from gas vehicles to EVs as travelers search for hotels with EV charging stations. In North America, Level 2 chargers use the standard J-1772 plug, which is compatible with all plug-in hybrid (PHEV) and battery electric (BEV) vehicles.

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Tax Credit Installation Tax Alternative Fuels 52

Plug in America

MARCH 24, 2022

Unfortunately, global supply chain issues are making it more difficult to make the switch. Also, be sure to check with your local state and city municipalities for EV incentives such as reduced electricity rates, tax credits, or rebates to help make the transition to an EV or PHEV easier. .

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Buy Supplies Tax Credit Available 88

Green Car Congress

JUNE 30, 2016

A key element of that partnership is a goal for North America to strive to achieve 50% clean power generation by 2025. Common sense actions to reduce these pollutants will deliver significant climate and health benefits in the near term and into the future, supporting our goal to limit global warming this century.

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Mexico Canada Standards Light 199

Creative Greenius

DECEMBER 2, 2008

So, it’s kind of hard to fulfill my global destiny as the pied piper of solar energy, the impassioned Solangelist preaching from my SunPowered pulpit at the big renewable revival meeting when my rooftop is still covering with nothing but asphalt shingles and raccoon scat. My situation is exactly the same as most of America.

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Los Angeles Tax Credit Solar Tax 150

Baua Electric

MAY 3, 2024

In a coordinated push through federal agencies, the Biden administration on Friday released a revised set of regulations applying to the EV tax credit that will ultimately make the credit easier to claim for a wider range of vehicles in 2025 and 2026 but no easier for Chinese companies to gain a foothold on the market.

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Tax Credit Tax Supplies China 52

Plug in America

AUGUST 10, 2022

Global supply chain challenges continue to limit the production of new vehicles. Plug In America offers numerous resources to help you in your search for an EV. . With record-setting gasoline prices across the nation, a record number of drivers are considering EVs. Bright spots exist in the market for shoppers of new and pre-owned EVs.

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Purchase Vehicles Los Angeles Plug-in 80

Green Car Congress

MARCH 12, 2009

The US Volumetric Biodiesel Credit, signed into law in 2004 as part of the American JOBS Creation Act (H.R.4520), 4520), provides US biodiesel producers with excise tax and income tax credits to encourage the blending of biodiesel with petroleum diesel. This sets a dangerous precedent for global commerce.

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Tax Credit Tax United States 2004 150

The Truth About Cars

SEPTEMBER 22, 2023

While the ChargePoint device is framed as being free, it does require the purchase of a new automobile through the automaker’s captive finance arm Hyundai Capital America. That makes the $33,550 (before any federal tax credits or state incentives) Kona Electric the most affordable way to take advantage of the deal.

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Hyundai Industrial Industry United Kingdom 105

Cars That Think

APRIL 4, 2022

Car of the Year, and now a finalist for 2022 World Car of the Year—was designed by the talented Sangyup Lee, the Hyundai global design chief and former Bentley designer who also styled the reborn Chevrolet Camaro. The Ioniq5—already named Car Design of the Year , U.K. Guigiaro also penned the Hyundai Pony, the brand’s first-ever car, in 1975.

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Volt Range Charging Hummer 105

Baua Electric

JANUARY 27, 2024

Which CEO of a global automaker suggested that EVs may never top 30% of the global vehicle market? 4 models qualify for the $7,500 EV tax credit , making it the first foreign automaker to get the nod under tightened sourcing rules. and longer for some markets outside Europe and North America. Which EV from a U.S.

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Tax Credit Tax Price Acura 52

Blink Charging

DECEMBER 15, 2023

Opting for an electric vehicle and leveraging the EV tax credit to help with your next electric vehicle purchase is a smart move. One such incentive is the Clean Vehicle Credit , a key component of the Biden administration’s Inflation Reduction Act. View IRS instructions for claiming credit.

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Tax Credit Tax Electric Vehicles North America 52