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FREYR Battery to site US gigafactory in Georgia; initial investment $1.7B, growing to $2.6B through 2029

Green Car Congress

In accordance with FREYR’s ambitions to accelerate development of Giga America in parallel with the ongoing construction of Giga Arctic in Mo i Rana, Norway, the company is intensifying and broadening its financing efforts. The US energy storage market is expected to experience exponential growth over the next several years.

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Zinc-Air Battery Company ReVolt Applying for $30M in Recovery Act Funds; Targeting EV Applications

Green Car Congress

By locating in Oregon, the company will be eligible, and intends to apply for, Business Energy Tax Credits from the Oregon Department of Energy for battery research and production. Securing government grants and tax credits will allow ReVolt to significantly accelerate its operations in Portland and US expansion, the company says.

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The Electrifying Opportunities for EVs in 2024  

Clean Fleet Report

Low or No Emission Vehicle (Low No) [4] and the Bus and Bus Facilities Formula Program [5] , both competitive grants through the Federal Transportation Administration, are predicted to provide roughly $1.7 However, the U.S. will be the market undergoing the most rapid EV transition. With around 600,000 school and transit buses in the U.S.,

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What Does GM’s “30 New EVs By 2025” Promise Mean for the US Market?

EV Adoption

And then this past week, GM released its humorous “ No Way Norway ” EV commercial featuring Will Ferrell. ” Source: GM Norway Super Bowl TV Commercial. (Read veteran EV journalist John Voelcker’s take on how much of the media got this announcement wrong.).

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