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FREYR Battery to site US gigafactory in Georgia; initial investment $1.7B, growing to $2.6B through 2029

Green Car Congress

FREYR Battery announced the selection and purchase of a site in Coweta County, Georgia for its planned Giga America battery plant. The SemiSolid platform enables capital and energy efficient production of lithium-ion batteries at scale. billion through 2029.

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2024 Volkswagen ID.4 82 kWh model qualifies for full federal tax credit

Teslarati

4 82 kWh model qualifies for the Inflation Reduction Act’s (IRA) full federal tax credit. 4 models with SK On components are eligible for the full $7,500 federal tax credit because the updated VW ID.4’s 4’s battery pack will be assembled in Chattanooga, Tennessee. The 2024 Volkswagen ID.4 Volkswagen ID.4

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VW says ‘most’ 2023, 2024 ID.4s will get full $7,500 EV tax credit

Baua Electric

4s will qualify for the full US EV tax credit in 2024 – here’s the lowdown on eligibility. 4s with US-manufactured SK On battery components placed in service in 2024 will be eligible for the full $7,500 federal tax credit. AWD cars and 62 kWh Standard and S trims have SK-supplied batteries.

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Urbix and SK On in joint development agreement for high-performance anode materials

Green Car Congress

US-based graphite processor Urbix ( earlier post ) announced a Joint Development Agreement with global EV battery developer and manufacturer SK On (SKO). For SKO, this agreement reinforces a local supply chain for battery anode materials in the US, helping customers take advantage of the provisions of the “Inflation Reduction Act” (IRA).

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Hyundai, LG Power plan $4.3B EV battery plant in Ga.

Baua Electric

“We will create a strong foundation to lead the global EV transition through establishing a new EV battery cell plant with LG Energy Solution, a leading global battery producer and long-time partner,” Jaehoon Chang, CEO of Hyundai Motor Co. in Georgia. EV battery plant in Ga. stated within the remark.

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Hyundai & SK On aims for 35 GWh battery facility for 300k EV production in the US

Teslarati

Hyundai and SK On recently released more information on its battery cell production facility in the United States. The South Korean companies invested $5 billion in Bartow Country, Georgia, to build the EV battery plant. Each company is taking a 50% stake in the Georgia battery facility.

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Nissan Sets US MSRP for 2011 LEAF EV at $32,780; As Low as $25,280 with Federal Tax Credit

Green Car Congress

Including the $7,500 federal tax credit for which the Nissan LEAF will be fully eligible, the consumer’s after-tax net value of the vehicle will be $25,280. In tandem with the purchase process, Nissan will offer personal charging docks, which operate on a 220-volt supply, as well as their installation. Earlier post.).