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GM expects Chevrolet Silverado EV to get full $7,500 tax credit

Teslarati

General Motors (GM) expects the Chevrolet Silverado EV to get the Inflation Reduction Act’s (IRA) full $7,500 tax credit. The Chevrolet Silverado EV will be equipped with GM’s Ultimum Platform and probably the Ultium battery pack. Treasury’s proposed guidance on critical minerals and battery component requirements.

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Honda may build an EV factory in Canada featuring in-house battery cells

Teslarati

Japanese automaker Honda is considering locations to build an electric vehicle (EV) factory in Canada featuring the use of in-house battery cells. In June, Honda and LG Energy Solution (LGES) broke ground on a new EV plant in Jeffersonville, Ohio.

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Honda joins EV race with historic $11B investment to build 240K EVs a year

Baua Electric

Honda is finally joining the EV race after announcing a massive $11 billion (CAD$15 billion) investment to build four new EV plants in Canada. The historic investment will be used to build Canada’s first EV supply chain, enabling 240,000 Honda EVs to be made for the US and Canada annually. Production is expected to begin in 2028.

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Foxconn brings EV battery production to two U.S. states

Teslarati

Foxconn, the iPhone manufacturer that bailed out Lordstown Motors from bankruptcy, announced that it would build electric vehicle batteries in Wisconsin and Ohio on Thursday, hoping to take advantage of the Inflation Reduction Act that incentivizes domestic cell manufacturing. The sale was finalized in May 2022.

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Jeep adds new Willys 4xe to PHEV lineup

Green Car Congress

The 2023 Jeep Wrangler Willys 4xe features 375 horsepower, 470 lb-ft (637 N·m) of torque, a 17 kWh battery that delivers 21 miles of all-electric range, a 2.72:1 Jeep Wrangler Willys 4xe is assembled at Stellantis’ Toledo Assembly Complex in Toledo, Ohio. liter turbocharged I-4 when the battery reaches minimum state of charge.

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Fisker releases details on $29,900 Pear production in the US

Teslarati

It plans to build a factory in Ohio for Fisker Pear production. The company will offer Fisher Pear customers two battery options. One battery has an estimated range of 180 miles, while the other is made for longer trips with an estimated range of 320 miles per charge, based on Europe’s WLTP standard.

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2023 was a tremendous year for both EVs and Plug In America!

Plug in America

Clean Vehicle Tax Credits Clean vehicle tax credits kicked into high gear in 2023. New federal EV tax credits were expanded and updated, and credits for used and commercial EVs became available for the first time in January. We also provided feedback from EV drivers (Thanks to you!)

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