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China is Unhappy with the Inflation Reduction Act and Has Complained to the WTO

The Truth About Cars

Among many other things, the Inflation Reduction Act changed the way EV tax credits work in the United States. With an eye on reducing America’s dependence on Chinese batteries and materials, the Act incentivizes automakers to source materials from free-trade-compliant countries and build EVs in North America.

China 98
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Nissan and Honda may team up to slash EV prices and take on Chinese automakers like BYD

Baua Electric

Nissan and Honda are considering teaming up to introduce more affordable EVs to compete with Chinese automakers like BYD. The aim is to reduce EV prices as the automakers look to Chinese automakers with low-cost models like BYD. With the $7,500 EV tax credit, the EV starts at under $40,000.

BYD 52
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Tesla Model Y trim gets minimal price increase in China

Teslarati

lineup of Model Y trims was added to the IRS’s list of vehicle qualifying for federal tax credits in early February, Tesla pushed prices up slightly. Tesla builds its cars for the Chinese market in Shanghai at its dedicated production facility known as Gigafactory Shanghai. After the entire U.S.

China 98
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Westwater Resources is building a facility in Alabama to process one of the largest graphite deposits in the US

Charged EVs

The company is currently building a graphite processing plant in Kellyton, Alabama. Fast forward to today and Westwater is building a graphite plant in Alabama, and people are eager to buy our capacity. How much more are people willing to pay to get US graphite compared to Chinese suppliers?

Alabama 52
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BNEF: steel industry set to pivot to hydrogen in green push; additional $278B for clean capacity and retrofits

Green Car Congress

But continuing to build new coal-fired plants will leave producers with only bad options toward a net-zero future by 2050. The Chinese steel industry intends to focus first on increasing recycling and energy efficiency before adopting early-stage technologies like hydrogen and carbon capture.

Hydrogen 221
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Battelle-R&D Magazine forecast predicts 5.2% growth in 2012 global R&D spending to $1.4+T, largely driven by Asian economies; US companies and tech providers to boost energy R&D spending by 23.1% to $6.7B

Green Car Congress

Global R&D spending 2011. Source: 2012 Global R&D Funding Forecast. The Battelle-R&D Magazine annual Global R&D Funding Forecast concludes that global research and development (R&D) spending will grow by about 5.2% Elsewhere in the world, growth remains strong and stable in the aftermath of the global recession.

2012 277
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Tesla revives common Style 3 Lengthy Field upcoming hiatus

Baua Electric

Tesla mentioned on its web page that the Style 3 Lengthy Field is eligible for a federal tax incentive of $3,750, which is equal to the bottom Style 3. The Style 3 Efficiency is eligible for a $7,500 credit score, in step with Tesla. The iron cells would possibly qualify for part of the tax credit score because of U.S.

Tesla 52