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Inflation Reduction Act – How It Supercharges the Electric Vehicle Industry

EV Match

billion to add more than 6,000 union jobs at plants across Michigan, Ohio and Missouri, all part of Ford’s plan to up its EV sales numbers to 2 million a year, worldwide, by the end of 2026. half a world away, the Chinese island of Hainan announced it would ban sales of fossil fuel-powered vehicles a full five years earlier, by 2030.

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The raw materials crunch: How bad, how long, how to solve it?

Charged EVs

We’ve seen Chinese automakers be really ahead of the pack here, along with Tesla. Li-Cycle is collaborating with Ultium Cells (a joint venture of GM and LG Energy Solution) to recycle the manufacturing scrap that will be produced at its battery plant being built in Ohio. I would say Tesla, BYD, Great Wall Motors as well.