Baua Electric

JULY 16, 2024

Some folks fear that the transition to EVs will lead to major job losses in the auto industry—and not without reason, as EVs require different (and fewer) components than legacy ICE vehicles. To these ends, the US Department of Energy has established the Domestic Manufacturing Conversion Grant Program. billion in funding.

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Teslarati

JULY 11, 2024

The facilities that would be supported by the grant are located in Michigan, Indiana, Illinois, Pennsylvania, Ohio, Virginia, Maryland, and Georgia. The grants are intended to support the production of electric vehicles, hybrids, plug-in hybrids, and hydrogen fuel cell vehicles.

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GM Indiana Grant Illinois 108

Green Car Congress

JANUARY 8, 2014

A newly-released report by the Center for Automotive Research (CAR) concludes that the automotive industry is not only “high-tech,” it is frequently a leader in technological developments and applications. Additionally, the auto industry provides 16% of total worldwide R&D funding for all industries. Click to enlarge.

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Industry Industrial Auto Industry Cars 246

EV Match

AUGUST 29, 2022

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.

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Electric Vehicles Tax Credit Industry Industrial 52

Baua Electric

SEPTEMBER 19, 2024

But it sows confusion among some who wonder how the former president stands on the future of the EV industry. Trump has insisted that there is a “much smaller market” for EVs and plug-in hybrids than what’s been projected, because of these vehicles’ cost and range. EV plants Tens of thousands more U.S.

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Auto Industry Industry Industrial Auto 52