article thumbnail

NOVONIX to receive $103 million in tax credits to support production of critical battery materials in Tennessee. – Charged EVs

Baua Electric

Battery materials and technology company NOVONIX has been selected to receive a $103-million tax credit under section 48C of the Qualifying Advanced Energy Project Allocation Program, to support production of critical battery materials at its Riverside facility in Chattanooga, Tennessee.

article thumbnail

Colorado Electric Vehicle Tax Credit Rises to $5,000

EV Life

The bill puts forth several measures aimed at advancing decarbonization in the state, including tax credits for industrial facilities to implement emission-reducing improvements, new spending for geothermal energy projects and geothermal electricity generation, the construction of sustainable aviation fuel production facilities, and more.

article thumbnail

How to Save Big on a Tesla with Colorado’s New EV Tax Credit

EV Life

The brand’s commitment to sustainability, sleek design, and a strong charging infrastructure further contribute to its widespread appeal among consumers embracing the future of automotive innovation. This is great news for Tesla fans, as many Tesla models qualify for the credit. So act fast for maximum savings!

article thumbnail

Jacobs and Cirba Solutions expand sustainable battery processing in US

Green Car Congress

Jacobs is managing the facility design and supporting construction of multiple site locations, including an expansion at Cirba Solutions’ lithium-ion processing site in Lancaster, Ohio. The expansion project is estimated at $200 million, and the site recently received more than $82 million in grants from the US Department of Energy.

article thumbnail

Your Guide to Electric-Vehicle Charging-Station Tax Credits

EV Connect

And thanks to a variety of tax credits and incentive programs, the barrier to entry may be lower than you think. On the federal, state and local levels, there are a plethora of tax credits for installing electric-vehicle charging stations. They include incentives for installing EV charging stations.

article thumbnail

Take Advantage of New York State EV Tax Credits and Save

EV Connect

Once your company takes advantage of federal EV tax credits, EV Connect can help you find available New York State EV tax credits that will help defray costs further and maximize your investment for years to come. From Binghamton to the Big Apple, there are big savings for businesses looking to install EV infrastructure.

article thumbnail

Imperium3 New York produces its first full-sized prismatic cells

Green Car Congress

The first cells were produced using manual settings to refine the product design for future automated production. million, including a $4 million Upstate Revitalization Initiative grant and $3.5 million in Excelsior Jobs Program tax credits in exchange for job creation commitments for the iM3NY project.

New York 468