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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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Westwater Resources is building a facility in Alabama to process one of the largest graphite deposits in the US

Charged EVs

Now, if you look at just the materials half of the $7,500 tax credit, there’s $3,750 available, and graphite is on a short list of critical materials, along with lithium, cobalt, nickel and a few others. If you do the math and make some assumptions, it means $550-600 of the total tax credit is attributable just to graphite.

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Ford receives Federal backlash following Chinese battery agreement

Teslarati

As such, I write to request a Committee on Foreign Investment in the United States (CFIUS) review of the licensing agreement, as well as demand that no federal funds – especially monies or tax credits granted via the Inflation Reduction Act (P.L. What do you think of the article? Do you have any comments, questions, or concerns?

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3 Electric Vehicle Trends in the Growing Market

EV Connect

This high rate of EV adoption in California is likely attributable to its widespread legislation — including tax incentives and financial assistance — that help to encourage the creation of EV infrastructure and the purchase of electric vehicles by individuals and businesses. Morning Brew did a fantastic article compiling these statistics.