Browsing: Inflation Reduction Act
According to estimates, Tesla is poised to receive substantial tax breaks, making it the primary beneficiary of the billions of…
Kia America is celebrating its tenth consecutive year-over-year monthly sales increase in the United States, with impressive figures for May.…
The Inflation Reduction Act of 2022 (IRA) brought about a significant transformation in the federal tax credit system in the…
Mercedes Benz Group has decided not to participate in Renault’s FlexEvan electric project and will instead concentrate on developing its…
In a surprising turn of events, Tesla has announced that all new Tesla Model 3 vehicles will now be eligible…
North America Emerges as Leading Market for Battery Cell Manufacturing, Fueled by Incentives
By Robin Cannon
In a recent report released today, North America has secured its position as the fastest-growing regional market for planned new…
In order to meet its ambitious output goals, Stellantis (STLAM.MI) CEO Carlos Tavares has revealed that the automotive giant will…
Arrival Shifts Focus to US Market, Secures $283 Million in Fresh Funding for Class 4 Van Development
Arrival, the British van startup, has recently made significant changes to its operations due to substantial financial losses, leading to…
In a strategic move to promote the development of cutting-edge applications for lithium-sulfur electric vehicle (EV) batteries, lightweight composites, and…
Hyundai, a prominent automaker, has been capitalizing on the transition to electric vehicles (EVs) in the United States, displaying a…
Hyundai Motor Group and LG Energy Solution have announced their plans to construct a $4.3 billion electric vehicle (EV) battery…
Hyundai Slashes Lease Prices for Ioniq 5 and Ioniq 6, Making them More Affordable than Tesla Model 3
By Michael Khan
In a move aimed at attracting more customers to their electric vehicle (EV) lineup, Hyundai has significantly reduced lease prices…
Blue Bird, a long-standing manufacturer of school buses, has recently inaugurated its “Electric Vehicle Build-Up Center” at its main manufacturing…
The United States Environmental Protection Agency (EPA) has revealed plans to invest $4 billion from the Inflation Reduction Act to…
Volkswagen’s ID.4 becomes the only foreign EV to qualify for full $7,500 tax credit in the United States
By David Smith
Volkswagen’s ID.4 now qualifies for the full $7,500 federal subsidy for electric vehicles in the United States, becoming the first…
Volkswagen and Canada to Invest $14.8 Billion in Battery Gigafactory, Boosting EV Supply Chain
By David Smith
Volkswagen and the Canadian government announced on Friday a joint investment of over C$20 billion ($14.8 billion) in a battery…
Hexagon Purus, a Norwegian zero-emission vehicle technology company, has recently signed a multi-year supply contract with Panasonic in North America.…
Panasonic, one of Tesla’s battery suppliers, has announced plans for a new battery production facility in the United States to…
As part of US President Joe Biden’s effort to shift half of the country’s new car sales to electric cars…
The United States Treasury Department announced on Monday that new battery sourcing rules would result in several automakers losing access…