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President Obama Awards $2.3B for Tax Credits for New Clean-Tech Manufacturing Jobs; GE Gets Largest Battery-related Award

Green Car Congress

billion in Recovery Act Advanced Energy Manufacturing Tax Credits for clean energy manufacturing projects across the United States. It is designed for on-road service trucks to provide a quick charge to stranded battery electric vehicles similar to an “out-of-gas” situation. President Obama announced the award of $2.3

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Top Factors Affecting EV Adoption

EV Connect

Given that the average lifespan of a car is just 12 years, the proportion of EVs on the road will spike dramatically as new stock replaces gas-powered vehicles phased out of service. older) drivers away from gas. Cost (and Cost Comparison) A recent study showed 67% of would-be purchasers claim cost is a primary concern.

Charging 104
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How Umicore is ensuring sustainability in the North American EV battery chain

Charged EVs

Furthermore, IRA-compliant battery critical mineral supply could be redirected globally to supply US electric vehicles, thereby benefiting from the US Clean Vehicle Tax Credit. For Umicore, our plans to build our pCAM and CAM gigafactory in Canada were made and announced before the IRA made headlines.

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How Umicore is ensuring sustainability in the North American EV battery chain – Charged EVs

Baua Electric

Furthermore, IRA-compliant battery critical mineral supply could be redirected globally to supply US electric vehicles, thereby benefiting from the US Clean Vehicle Tax Credit. For Umicore, our plans to build our pCAM and CAM gigafactory in Canada were made and announced before the IRA made headlines.

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Electric Car Manufacturers Inspire New Paradigms -- Seeking Alpha

Tony Karrer Delicious EVdriven

The electric car features three different battery options, two different Lithium-based (LI) systems – A123Systems and Enerdel as well as a Sodium-Nickel battery Zebra (Mes-Dea). Tax credit incentives are also available to consumers in the U.S. market for sustainable “green” energy purchases.