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New bipartisan bill in US Congress to expand EV and hydrogen fuel cell tax credits

Green Car Congress

US Senators Debbie Stabenow (D-MI), Lamar Alexander (R-TN), Gary Peters (D-MI), and Susan Collins (R-ME) along with Congressman Dan Kildee (MI-05) introduced the Driving America Forward Act, bipartisan legislation to expand the electric vehicle and hydrogen fuel cell tax credits. ITC Holdings Corp., ITC Holdings Corp.,

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Tesla nickel supplier exploration lease approved by Michigan

Teslarati

has received an approval from Michigan’s Department of Natural Resources (DNR) for an additional 23,000 acres of mineral leases in the Upper Peninsula of Michigan. In a press release , Talon noted that the land package was originally assembled by Henry Ford and owned by the Ford Motor Company for about 70 years.

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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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Ford begins full production of F-150 Lightning electric pickup; planned annual run rate of 150k at Rouge Center

Green Car Congress

Ford has begun full production of F-150 Lightning electric pickup at the ultra-modern Rouge Electric Vehicle Center within Ford’s historic Rouge Complex. Ford has 200,000 reservations for the Lightning and is expanding the Rouge Electric Vehicle Center to ramp up production to a planned annual run rate of 150,000 in 2023.

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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. Ford Motor Company. General Motors Company.

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Michigan Awards $543.5M in Tax Credits to Four Battery Makers, Who Announce Plans for $1.7B Investment in Li-ion Battery Plants in Michigan

Green Car Congress

The Michigan Economic Growth Authority (MEGA) Board awarded $543.5 million in tax credits to four battery companies announcing plans to invest more than $1.7 The state refundable tax credits will help the companies in their quest for some of the $2 billion in federal grants for advanced-battery research and development.

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After chiding Ford for US CATL battery plan, GM may be seeking its own

Baua Electric

General Motors is negotiating a U.S. Car News China reasons that the deal would likely be similar to the one between Ford and CATL—a deal GM leadership has criticized. In September, GM CEO Mary Barra told The Wall Street Journal that Ford’s partnership with CATL “could be the harbinger of Chinese domination of U.S.

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