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Automakers win extension on use of Chinese graphite in EV tax credits – ET Auto

Baua Electric

Manufacturers may temporarily exclude certain impracticable-to-trace battery materials from FEOC compliance until 2027 as long as they demonstrate how they plan to comply by then, Treasury said. 1 restricting Chinese content in batteries eligible for EV tax credits of up to USD 7,500, which sharply cut the number of eligible vehicles.

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RusNano, Chinas Thunder Sky to Manufacture Li-ion Batteries in Russia for EVs

Green Car Congress

The supervisory board of the Russian Corporation of Nanotechnologies ( RusNano ) has approved the state corporation’s participation in a project with China-based Li-ion battery manufacturer Thunder Sky to manufacture Lithium-ion batteries, the first such project in Russia. Tags: Batteries China Russia.

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Ford Wants U.S. Government To Be Lenient With EV Tax Credit Requirements

CleanTechnica EVs

to be a bit loose in determining whether EVs comply with new EV tax credit requirements. Ford wants the U.S. Read on for what’s going on here. Some Background Rare-earth minerals are a big deal.

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Baker Institute report: China has positioned itself as a gatekeeper to the energy transition; nickel case study

Green Car Congress

Widely ignored, although gaining attention, is China’s strategic positioning as a crucial gatekeeper to several key “green” technologies, including battery energy storage to support electric vehicles (EVs)—specifically, battery electric vehicles (BEVs)—along with stationary storage for power grids.

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BNEF forecasts global energy storage market to grow 15-fold by 2030 to 411 GW/1194 GWh

Green Car Congress

The most notable new policies include the US “Inflation Reduction Act”, legislation providing more than $369 billion in funding for clean technologies, and the European Union’s REPowerEU plan, which sets ambitious targets to reduce reliance on gas from Russia. Meanwhile, projects face long lead times to finance, develop and commission.

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Indonesian official says current nickel price will benefit miners, smelters – ET Auto

Baua Electric

Most investment in nickel processing in Indonesia is for nickel pig iron (NPI), the main feedstock for stainless steel, but the government wants to develop local production of batteries and EVs. The contract had surged in 2022 to a record high above USD 100,000 after expectations of reduced supplies from major producer Russia.

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How EV adoption is soaring in unlikely circumstances, and what could make it better

Teslarati

Rivian was forced to push prices upward due to materials costs soaring after Russia’s invasion of Ukraine, and these examples are just two of many. Price Parity and the EV Tax Credit. manufactured battery. Automakers are pushing to produce battery packs and other parts in the U.S., automakers in focus.