WASHINGTON, DC – AUGUST 16: Sen. Joe Manchin (D-WV) looks to Senate Majority Leader Chuck Schumer … [+] (D-NY) after U.S. President Joe Biden signs The Inflation Reduction Act in the State...
Tag: EVs
Biden Signs Climate Bill, How Long-Range EVs Work And Defeating Forever Chemicals
This week’s Current Climate, which every Saturday brings you the latest news about the business of sustainability. Sign up to get it in your inbox every week. The Washington Post via Getty Images Afte...
Fisker Considers U.S. Ocean Production Amid Shakeup In EV Tax Credit
Fisker Inc.’s electric Ocean SUVs won’t qualify for a revised federal tax credit for EVs that requires them to be built at domestic plants. Fisker Inc. Fisker Inc., a Los Angeles-based ele...
New SEMA Garage Propels Aftermarket Industry To Future Technologies
New SEMA Garage in Plymouth, Mich. opened its doors Aug. 18, 2022 about 30 miles west of Detroit. Ed Garsten The growth of advanced driver assistance systems (ADAADA S) and popularity of electric vehi...
Inflation Reduction Act promises tax credits for EVs — here’s how to claim them
Your new electric car may land you a $7,500 tax credit now that the Inflation Reduction Act — designed to fight climate change and inflation — has been signed into law by President Biden. But the new ...
These Are The EVs And PHEVs That Still Qualify For Federal Tax Credits Through 2022
Woefully few electric vehicles will still qualify for a federal tax credit under the Inflation … [+] Reduction Act. getty As part of a massive tax, climate, and health-care bill signed into law ...
What car buyers should know about the coming tax credits for EVs
An electric vehicle at a charging station at Chula Vista City Hall in March 2021. The Inflation Reduction Act includes tax credits for the purchase of electric vehicles. (Rob Nikolewski / San Diego Un...
Automakers investing in the South as EVs change the auto industry
Jack Weaver, an 82-year-old retired dairy farmer whose house sits on a Civil War battlefield, lives near General Motors’ Spring Hill plant in Tennessee. Michael Wayland / CNBC SPRING HILL, Tenn....
Electric Vehicles Or Hydrogen Fuel Cell Cars? The Inflation Reduction Act Will Fuel Both
WASHINGTON, DC – APRIL 22: Electric vehicles are displayed before a news conference with White House … [+] Climate Adviser Gina McCarthy and U.S. Secretary of Transportation Pete Buttigieg...
Tesla, Lucid jump premarket as Inflation Reduction Act targets US-assembled EVs
On Sunday, August 7, the US Senate barely passed President Biden’s Inflation Reduction Act, intending to reduce government deficits while boosting climate-change spending, among other things. The mea...
How Tesla Lost The Race For Affordable EVs To An Unexpected Rival
Sixteen years ago, Tesla CEO Elon Musk announced his goal of building the first truly low-cost electric family car. Now General Motors has beaten him to it. INAugust 2006, before Tesla had built its f...
GKN Automotive Hits Multi-Million Electric Drive Milestone
GKN Automotive is the official partner of the Jaguar TCS Formula E race team. Jaguar TCS Racing The combination of rising popularity of electrified vehicles and partnership with Jaguar’s e-racin...
Ford reports big jump in July sales, including for trucks and EVs
Ford F-150 Lightning at the 2022 New York Auto Show. Scott Mlyn | CNBC DETROIT – Ford Motor’s U.S. vehicle sales last month showed notable improvements in volumes and truck availability, as the ...
Electric Vehicle Tax Credits Likely To Get New Life And A Manchin Makeover
Sen. Joe Manchin talks with the media after a hearing on hydrogen pipelines CQ-Roll Call, Inc via Getty Images In a major win for automakers and future electric vehicle buyers, tax credits for the pur...
As Aston Martin Triples Loss, Survival Might Require A Takeover
Aston Martin DBX-707 (Photo by Emanuele Perrone/Getty Images) Getty Images As troubled luxury sports car maker Aston Martin tripled losses in the first half, a cash injection was seen as inadequate an...
The Summer Of Extreme Weather, GM’s Plans For One Million EVs And Turning Trash Into Cash
This week’s Current Climate, which every Saturday brings you the latest news about the business of sustainability. Sign up to get it in your inbox every week. Anadolu Agency via Getty Images Earlier t...
Sono Motors’ Sion EV Is Covered In Solar Panels To Soak Up Free Power
The Sion’s matte exterior is nearly covered in solar cells. Sono Motors Since I write about EVs and such, I get this question very often: Why don’t electric cars have solar panels on the roof to...
EV Drivers Love That Quick Acceleration
The new Pirelli P Zero Elect tire is specifically made for electric vehicles – and their often … [+] enthusiastic drivers. Pirelli Full disclosure: I own an electric car, and I love to dri...
Tesla Cofounder Is Building A $3.5 Billion Plant To Make EV Battery Parts In The U.S.
Redwood Materials is building a $3.5 billion plant near Reno, Nevada, to make cathode and anode materials for electric vehicle batteries. Redwood Materials Redwood Materials, a battery recycling and m...
Volkswagen-backed Northvolt to develop wood-based batteries for EVs
This image from 2007 shows logs and wood chips outside a Stora Enso paper mill in Finland. The firm says it’s “one of the largest private forest owners in the world.” Suzanne Plunket...
MG4 Mulan Could Be Europe’s First Really Affordable Mainstream EV
We have been waiting for electric vehicles to hit price parity with fossil fuel cars for a while. Right now, EVs are still quite a bit more expensive, and this has led to claims that they are just toy...
BYD Makes First Foray Into Japan Passenger Car Market With Three EV Models
BYD unveiled three EV models for the Japan market at a conference in Tokyo on Thursday. BYD China-headquartered BYD, the world’s largest maker of electric vehicles, held a press conference in Tokyo on...
Chinese Lithium Giant Pulls EVs Deeper Into Forced Labor Glare
(Bloomberg) — A lithium producer for carmakers including BMW AG and Tesla Inc. is beginning work to assess battery metals projects in Xinjiang, deepening links between electric vehicle supply ch...
Hive Batteries From 10 Million Nissan Electric Cars Could Power Whole U.K.
Nissan Leaf photographed at Electric Avenue and Brixton Road in Lambeth, London. (Photo by Charlie … [+] Crowhurst/Getty Images for Nissan) Getty Images for Nissan The proliferation of electric ...
Ford doubles down on EVs by closing deal on 3 new battery plants
In May of 2021, Ford Motor Company (NYSE: F) signed a memorandum of understanding (MoU) with Korea’s SK Innovation to create a joint venture for building and operating battery facilities. On July 14, ...
TSLA is losing market share despite rising demand for EVs
Demand for electric vehicles (EVs) is apparently heating up; however, not all brands are fully benefitting from the increased interest. Namely, according to data released by Motor Intelligence, Tesla ...
Walmart doesn’t want Canoo selling EVs to Amazon
Walmart kicked off a deal with electric vehicle company Canoo on Tuesday to purchase 4,500 of its last-mile delivery vehicles. While the deal is not exclusive, it does prevent Canoo from making sales ...
Tesla’s Long-Time Partner Panasonic Building $4 Billion EV Battery Plant In Kansas
Panasonic’s new Kansas battery plant will be among the largest in the U.S. Panasonic Energy Panasonic, Tesla’s main battery manufacturer and a key investor since the company’s earliest days, say...
Polestar on track to sell 50,000 EVs in 2022
Polestar, the electric vehicle maker that made its Nasdaq debut in June, said Wednesday it is on track to meet its annual sales target. For the first half of 2022, Polestar delivered approximately 21,...
Fuel, EV Prices Headed In Opposite Directions
SAN FRANCISCO, CALIFORNIA – Gas prices may be ebbing but not so for the price of electric vehicles … [+] according to CarGurus.com research. (Photo by Robert Alexander/Getty Images) Getty ...
Tesla Rises Above Key Level As Musk Exits Twitter Deal; EV Maker Plans To Open U.S. Supercharger Network To Other EVs
Tesla (TSLA) CEO Elon Musk said Friday he is terminating his Twitter purchase agreement. Meanwhile, Tesla said it may open up its supercharger network to all electric vehicles in the U.S. by the end o...