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US and China Presidents Announce US-China Electric Vehicles Initiative, Six Other Measures to Strengthen Cooperation Between the Countries on Energy Issues

Green Car Congress

The roadmap will be made widely available to assist not just US and Chinese developers, but also the global automotive industry. In the United States, the American Recovery and Reinvestment Act expanded a $7,500 consumer tax credit for electric vehicles and included $2.4 Public awareness and engagement. 21 st Century Coal.

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Ford receives Federal backlash following Chinese battery agreement

Teslarati

Florida Senator Marco Rubio is calling for an investigation into Ford’s recent announcement of a new battery production facility built in conjunction with Chinese battery supplier CATL. However, now the automaker is receiving backlash for partnering with Chinese battery maker CATL at the facility. Rubio’s emailed statement.

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Nippon Steel Set to Buy U.S. Steel, Union Dismayed

The Truth About Cars

The plan created loads of incentives (tax credits, government subsidies, etc) for projects pertaining to “renewable energy.” Granted, massive companies can offer competitive pricing to consumers via economies of scale. Normally, such a deal would end up getting flagged by antitrust regulators. Buying U.S.

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Inflation Reduction Act – How It Supercharges the Electric Vehicle Industry

EV Match

on a path to reducing emissions more than 40% below 2005 levels, per a Princeton University analysis of the measure’s impacts : expanded tax credits for EVs, batteries, solar panels and wind turbines. And what about changes to the EV tax credit? carbon sequestration (capture and storage, i.e.).

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The redesigned federal EV tax credit and other EV-related measures

Charged EVs

The provision that’s gotten the most press is a redesign of the federal EV tax credit—that’s only natural, because it’s the policy that’s most likely to directly affect the average consumer, and because politicians love to talk about tax breaks. Credit where credit is due.

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Tariffs on China aren’t the way to win the EV arms race – getting serious on EVs is

Baua Electric

News came out on Friday that President Biden is set to quadruple tariffs on Chinese EVs to protect the US auto industry from the rapid growth of Chinese EV manufacturing. But EV manufacturing has grown even faster, with Chinese EV production outpacing domestic demand and exports rising rapidly in recent years as well.

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