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Market Update: How Battery Pack Costs Declined Since 2008

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The cost of battery packs has been a significant factor in the adoption of these technologies, and recent developments show that we’re moving in the right direction as prices drop. Expanding Battery Manufacturing Capacity in North America In North America, the United States is the leading market for lithium-ion batteries.

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How New Eligibility Criteria for the Electric Vehicle Tax Credit Affects You

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Here’s a breakdown of the requirements for purchased EVs : First and foremost, for any incentive eligibility, new EVs must undergo “final assembly” in North America. Alternatively, these critical minerals can be made from recycled materials in North America. free-trade agreement partner country.

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The EV Transition Explained: Reshaping Labor Markets

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By some estimates, upwards to 80,000 auto workers and a similar number in the auto supply chain have already been laid off globally to support the EV transition. By some estimates , upwards to 80,000 auto workers and a similar number in the auto supply chain have already been laid off globally to support the EV transition.

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