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Eos Energy launches $500M Project AMAZE with $398.6M conditional loan guarantee from DOE; long-term zinc-based storage

Green Car Congress

Eos Energy, a provider of safe, scalable, efficient, and sustainable zinc-powered long-duration stationary energy storage systems, announced Project AMAZE (American Made Zinc Energy), a $500-million planned expansion and a significant milestone to build 8 GWh of clean energy storage production capacity.

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New tax rule could save consumers thousands on home energy tech

My Energi

Earlier this week (11 December), the government announced that VAT relief on Energy Saving Materials (ESMs) in residential buildings will be extended to include home batteries, power diverters and water-source heat pumps from 1 February 2024.

Energy 52
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Rivian produced 7,363 EVs in Q3 2022

Teslarati

Rivian said that these numbers are in line with its expectations and that it’s on track for its production goal of 25,000 EVs this year. Rivian is working toward increasing its vehicle production. It’s planning to build an expansive facility just outside of Atlanta, Georgia. ’ Your feedback is important.

Georgia 141
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Opinion: Ukraine’s Next Crisis? Economic [and energy] Disaster

Green Car Congress

Ukraine’s next crisis will be a devastatingly economic one, as violent conflict destroys critical infrastructure in the east and brings key industry to a halt, furthering weakening the energy sector by crippling coal-based electricity production. In the wider energy picture, the halt of coal production sets Ukraine back a decade.

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Daimler establishing “Startup Autobahn” in Stuttgart; focus on future of mobility

Green Car Congress

1500 m 2 ), containing equipment such as tools, machines, 3D printers and software for building prototypes and small series production. In addition to this, the aim is to accelerate the development process with supporting services such as legal and tax advice, professional help with financial planning and project management.

Future 150
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Fisker finesses the Inflation Reduction Act tax credit changes with binding sales contract; “Transition Rule”

Green Car Congress

The US Senate has passed the Inflation Reduction Act, with nearly $400 billion in funding over 10 years for climate- and energy-related programs; among the myriad provisions in the 755-page bill are changes to the electric vehicle Federal tax credit of $7,500. At that time, this order process will close.

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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. But the company has also announced that it would be “re-timing and resizing some investments.”

Michigan 101