Batteries, Ohio, Supplies and Tax Credit

Jacobs and Cirba Solutions expand sustainable battery processing in US

Green Car Congress

MAY 11, 2023

Cirba Solutions, a comprehensive battery materials and management company for end-of-life batteries and gigafactory scrap, selected global professional services company Jacobs to expand manufacturing capacity for sustainable electric vehicle (EV) battery materials across North America.

Tax Credit

Tax Credit Batteries Battery Lithium Ion

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

Teslarati

APRIL 17, 2023

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.

Tax Credit

Tax Credit Silverado Chevrolet Tax

LG Energy Solution reports steady increase in profit for FY 2023

Teslarati

JANUARY 29, 2024

This positive trend was partially fueled by tax credits from the U.S. billion KRW from the IRA tax credit, which grew 16% from the previous quarter due to a solid performance from LGES factories in the United States. Excluding the tax credit: Operating profit would be KRW 88.1 from the same period last year.

Tax Credit

Tax Credit Energy Tax North America

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

Baua Electric

APRIL 25, 2024

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. The plans for a new Honda EV plant and stand-alone EV battery factory in Alliston, Ontario. With a full supply chain, Honda expects to cut costs by over 20%.

Honda

Honda Building Tax Credit Canada

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

Plug in America

DECEMBER 21, 2023

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. Check out the full position here. appeared first on Plug In America.

Plug-in

Plug-in America Plug Tax Credit

Johnson Controls to invest $138.5M in Toledo battery facility to support start-stop market; projecting 70-92% demand globally for start-stop systems in new vehicles by 2020

Green Car Congress

JUNE 28, 2011

million to convert its battery plant near Toledo, Ohio into an Absorbent Glass Mat (AGM) battery facility for start-stop and other higher efficiency vehicles. Johnson Controls’ Toledo investment will add 6 million in AGM battery capacity to the company’s North American AGM footprint by 2013. VARTA AGM battery.

2020

2020 Global Market Batteries

What Does GM’s “30 New EVs By 2025” Promise Mean for the US Market?

EV Adoption

FEBRUARY 7, 2021

And it is looking through that lens that I wanted to dive into GM’s most recent electric vehicle “supply” promise. Will GM’s Ultium Cells battery factory in Lordstown, Ohio be able to supply enough battery packs? Lordstown Battery Capacity. Electric Vehicle PR Is Driving Up the Stock Price.

GM

GM Market Cadillac Acura

Honda, Acura neatly situated in 2023, says American Honda’s Mamadou Diallo

Baua Electric

MAY 31, 2023

Development the hybrid quantity is a part of our electrified technique as we transition those homeowners to our past [battery-electric] fashions. This may be why the EV tax credit score is an impressive software for electrification — to build EVs inexpensive and spur adoption. to transition to creating EVs.

Acura

Acura Honda San Francisco Ohio

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

Green Car Congress

JULY 21, 2016

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. Among the actions announced are: Unlocking up to $4.5

Obama

Obama Charging Financing DC

Report: Dealers Worried About Getting EV Refunds From the Government

The Truth About Cars

SEPTEMBER 25, 2023

Nobody likes bureaucratic red tape or waiting on payment and this seems to have become a sticking point for retailers nervously waiting to see how the United States’ updated EV tax credit scheme plays out. They want clear regulatory frameworks and a way to swiftly be paid for any transferred credits.

Cash For Clunkers

Cash For Clunkers Dealers Tax Credit Tax

Inflation Reduction Act – How It Supercharges the Electric Vehicle Industry

EV Match

AUGUST 29, 2022

on a path to reducing emissions more than 40% below 2005 levels, per a Princeton University analysis of the measure’s impacts : expanded tax credits for EVs, batteries, solar panels and wind turbines. Honda announced just days ago that it has struck a deal with Korean battery giant LG Energy Solution to build a $4.4

Electric Vehicles

Electric Vehicles Tax Credit Industrial Industry

Cadillac’s ambitious move to an all-electric luxury brand by 2030

Charged EVs

SEPTEMBER 23, 2022

Its battery capacity is rated at 102 kilowatt-hours, and for early models, a single electric motor estimated at 250 kilowatts (340 horsepower) powers the rear wheels. Limiting factor: battery supply. The 2023 Lyriq isn’t initially available with all-wheel drive, though that option will arrive late this year.

All-Electric

All-Electric Cadillac North America GM

The redesigned federal EV tax credit and other EV-related measures

Charged EVs

SEPTEMBER 22, 2022

The provision that’s gotten the most press is a redesign of the federal EV tax credit—that’s only natural, because it’s the policy that’s most likely to directly affect the average consumer, and because politicians love to talk about tax breaks. Credit where credit is due.

Tax Credit

Tax Credit Tax North America Clean

US senators want even higher tariffs on Chinese EVs

Baua Electric

MARCH 8, 2024

marketplace would endanger American automotive manufacturing,” said a letter from Senators Gary Peters and Debbie Stabenow of Michigan and Sherrod Brown of Ohio, first reported by Reuters. Of course, China’s access to cheap labor and cheap batteries, where it dominates the supply chain, also increases its gains.

Chinese

Chinese China Cheap Europe

EV Driven

Jacobs and Cirba Solutions expand sustainable battery processing in US

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

LG Energy Solution reports steady increase in profit for FY 2023

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

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

Johnson Controls to invest $138.5M in Toledo battery facility to support start-stop market; projecting 70-92% demand globally for start-stop systems in new vehicles by 2020

What Does GM’s “30 New EVs By 2025” Promise Mean for the US Market?

Honda, Acura neatly situated in 2023, says American Honda’s Mamadou Diallo

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

Report: Dealers Worried About Getting EV Refunds From the Government

Inflation Reduction Act – How It Supercharges the Electric Vehicle Industry

Cadillac’s ambitious move to an all-electric luxury brand by 2030

The redesigned federal EV tax credit and other EV-related measures

US senators want even higher tariffs on Chinese EVs

Stay Connected