Remove Auto Remove Auto Industry Remove Georgia Remove Purchase
article thumbnail

The EV Transition Explained: Reshaping Labor Markets

Cars That Think

By some estimates, upwards to 80,000 auto workers and a similar number in the auto supply chain have already been laid off globally to support the EV transition. The automaker has already begun idling auto plants and is warning of future closures to pay for its transition to EVs and to try to keep EV prices affordable.

Market 101
article thumbnail

The Congressional Review Act and its potential impact on EV tax credits

Plug in America

auto industry globally competitive. Since the tax credits became transferable on January 1, consumers have saved $1 billion on their clean vehicle purchases. Investments have flowed to states like Ohio, Kentucky, Arizona, South Carolina, Alabama, Georgia, Pennsylvania, Michigan, Nevada, and more.

article thumbnail

President Obama Announces 48 Projects to Receive $2.4B in Grants for Next-Generation of Batteries and Electric Vehicles; To be Combined with $2.4B in Industry Cost-Share

Green Car Congress

Industry officials expect that this $2.4 billion in cost-share from the award winners, will result directly in the creation tens of thousands of manufacturing jobs in the US battery and auto industries. State of Colorado State of Georgia Fort Collins, CO Boulder, CO Atlanta, GA. Purdue University.

Grant 317
article thumbnail

Canoo Pickup, Kia EV6, Honda and Mini EV Plans: EV Week in Review – Mar 9-15

EV Adoption

The company recently executed a purchase and sales agreement on an engineering facility in Tunica , according to Yahoo! LG suggests building EV battery factory in Georgia, report says – LG Energy Solution suggested that it could build a factory in the U.S. – March 12, via Commercial Appeal. March 14, via CleanTechnica.

Kia 52
article thumbnail

Inflation Reduction Act – How It Supercharges the Electric Vehicle Industry

EV Match

so-called “clean hydrogen,” including incentives for both its manufacture through less emissive processes (it has heretofore primarily been created using natural gas , which often comes from “fracking”) and for the purchase of vehicles – not only passenger cars such as the Toyota Mirai but commercial trucks and vans. and a third).

article thumbnail

Trump plans to gut EV policy: What it might mean for jobs, auto industry, made in America

Baua Electric

Trump hasn’t had a well-defined platform—then or now—regarding clean energy, transportation, or the auto industry in the same way as President Joe Biden (or, by extension, Vice President and current presidential candidate Kamala Harris). First, let’s take a look at how Trump policy affected the auto industry in the previous term.