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Redwood Materials receives conditional commitment for $2B DOE loan for battery materials campus project

Green Car Congress

Redwood will draw upon this milestone-based financing in tranches that support phased construction and allows the company to unlock funding as it accelerates the construction and expansion of its first battery materials campus. This will provide enough battery materials to produce more than one million electric vehicles a year domestically.

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Tesla battery supplier Panasonic to increase battery production at Giga Nevada

Teslarati

Tesla battery supplier Panasonic is accelerating plans to increase battery cell production at Gigafactory Nevada. Increasing battery production at Giga Nevada would likely help Tesla increase its vehicle production capacity and benefit from the Inflation Reduction Act’s (IRA) electric vehicle (EV) tax credits.

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Route Zero Relay Kicks Off EV Road Trip

Electric Auto Association

Find the Most Up-to-Date EV Tax Credit Guide The IRA federal EV tax credit has numerous battery material and domestic manufacturing requirements. Download our EV Tax Credit Guide and find which EV models make the cut for a full or half tax credit as of early April 2023.

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10 Reasons Your Next Car Should Be an EV

Plug in America

This includes all of the resources used in manufacturing the vehicle, the battery, and powering the vehicle. Also, batteries can be reused for other purposes, and the minerals in batteries can be recycled almost infinitely. Thanks to federal regulations, EV batteries are required to be 8 years or 100,000 miles.

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Li-ion Polymer Battery Maker Kokam America Is Partner of Choice for Smith Electric Vehicles US; Kokam JV With Dow Targeted at Scaling Up Production

Green Car Congress

When Smith Electric Vehicles US Corp (SEV-US) announced on 27 March its selection of Kansas City, Missouri as the site for its US assembly plant for electric commercial vehicles ( earlier post ), SEV-US CEO Bryan Hansel named Kokam America (also based in Missouri) as the electric vehicle company’s battery “ partner of choice. ”

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Obama Administration launches series of actions to accelerate EV adoption; inc. $4.5B in loan guarantees, pursuing 350 kW fast charge

Green Car Congress

During past eight years the number of plug-in electric vehicle models has increased from one to more than 20, battery costs have decreased 70%, and the number of electric vehicle charging stations has increased from less than 500 in 2008 to more than 16,000 today—a 40-fold increase. Kansas City Power & Light. Georgia Power.

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Kokam is Smith Electrics partner of choice

Green Cars News

Smith Electric Vehicles has announced that Kokam America will be its battery partner of choice when work begins at its Kansas City, Missouri, site. It was also awarded $144.6million in tax credits towards that plant by the state. For more information on that story, click here.