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

Teslarati

General Motors (GM) expects the Chevrolet Silverado EV to get the Inflation Reduction Act’s (IRA) full $7,500 tax credit. The legacy automaker recently announced that its customers will benefit from the full $7,500 clean vehicles purchase incentive across its entire EV fleet lineup under a given MSRP cap.

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Ford Slashing F-150 Lightning Production and Laying Off Most of the People Building It

The Truth About Cars

After facing significant challenges ramping up production and meeting customer demand for the F-150 Lightning, Ford recently announced layoffs that will drastically cut volume at its electric vehicle factory in Michigan. That leaves Rouge with one shift a day, down from two last year.

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DOE awards $98M in tax credits to automakers and suppliers for clean technology manufacturing

Green Car Congress

The US Department of Energy (DOE) announced $150 million in clean energy tax credits to 12 businesses to build US capabilities in clean energy manufacturing; $98 million of that goes to five automakers and suppliers towards investments in domestic manufacturing equipment. Funded at $2.3 Lead organization. Description.

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Ford Scales Back Michigan Battery Plant Investments

The Truth About Cars

Ford has said it will restart construction on the electric vehicle battery facility it’s building in Marshall, Michigan, after pausing work when the UAW strike kicked off a couple months ago. From Ford: While we remain bullish on our long-term strategy for electric vehicles, we are re-timing and resizing some investments.

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Stellantis EV battery plant building resumes then monetary trade in with executive

Baua Electric

Building of a $3.7-billion billion electric-vehicle battery plant collectively owned through Stellantis and LG Power Resolution has resumed, the automaker mentioned July 5 NextStar Power, the identify of the three way partnership in Windsor, Ont., The automaker halted some building Would possibly 15.

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Electric vehicles are inflation relief

Electric Auto Association

EV’s may be the answer Electric vehicles (EVs) are becoming increasingly popular as gas prices continue to rise. ZappyRide has been building this type of calculator for nearly 5 years and is quickly becoming the authority among EV data providers. What can the American consumer do to mitigate the short-term effects of inflation?

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Ford to Invest Additional $450M in Michigan for Hybrid and Plug-in Vehicle Production; Battery System Design and Development to Be In-House Core Competency

Green Car Congress

Ford Motor Company will invest an additional $450 million in its electric vehicle plan, paving the way to build its next-generation hybrid and plug-in hybrid vehicle vehicles in Michigan beginning in 2012. —Bill Ford In addition, Ford said it is bringing battery system design and development in-house.

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