article thumbnail

President Obama Announces 48 Projects to Receive $2.4B in Grants for Next-Generation of Batteries and Electric Vehicles; To be Combined with $2.4B in Industry Cost-Share

Green Car Congress

billion in grants to US-based manufacturers to produce batteries and their components and to expand battery recycling capacity; $500 million in grants to US-based manufacturers to produce electric drive components for vehicles, including electric motors, power electronics, and other drive train components; and. Project locations.

Grant 317
article thumbnail

How to Take Advantage of EV Charging Infrastructure Tax Credits

EV Connect

Our expert team at EV Connect can help educate you on the best programs, grants, and rebates in your specific state to ensure you save big as you commit to sustainability. See Your State’s Incentives While the 2020 30C Federal Tax Credit is accessible in any part of the U.S.,