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LG Energy Solutions & Hyundai team up for battery plant in the United States

Teslarati

Hyundai Motor Group and LGES signed a memorandum of understanding on May 26 in Seoul, Korea, for a battery cell manufacturing facility in Bryan County, Savannah, Georgia. The battery plant would allow Hyundai electric vehicles (EV) to qualify for the Inflation Reduction Act’s (IRA) $7,500 tax credit. based battery plant.

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Rivian cuts prices on its base R1T and R1S ahead of R2 launch

Teslarati

The base model Rivian R1T and R1S now start at $71,700 and $76,700, respectively, including shipping but before a $3,750 federal tax credit—though buyers can also access the full $7,500 if leasing. “Like every electric vehicle producer with a U.S.

Price 101
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Inflation Reduction Act – How It Supercharges the Electric Vehicle Industry

EV Match

In our latest blog post, EVmatch advisor Jeff Pickett takes a deep dive into the landmark bill, looking at what the IRA means for climate change mitigation and the EV industry. Let’s dig into the specifics of what it means for the country, the planet, the EV industry and, perhaps of greatest interest to you, your wallet.