Battery Recycling Regulations Matter In Hunt For US EV Tax Credits
A little known provision in the Inflation Reduction Act is creating new business opportunities in battery recycling in America.
A little known provision in the Inflation Reduction Act is creating new business opportunities in battery recycling in America.
Many electric vehicle fans hoped the Ford F-150 Lightning would take the US by storm — at least, as much as it could with the production capacity Ford targets. And the electric truck has done quite okay. However, it could do better, and it should now — because Ford is … [continued]
Tesla stands to qualify for $1.8 billion in the federal production credits that are part of the Inflation Reduction Act this year.
The US Treasury Department has just issued new rules regarding tax credits for solar power installations in the US. Not everyone is happy.
The US federal tax credit for electric vehicles has been updated, and that means that some electric cars, trucks, and SUVs no longer qualify for the full tax credit — or even half the tax credit. Actually, most electric vehicles on the market in the United States no longer qualify! … [continued]
Tesla has juggled its prices once again, lowering the price of the Model 3 RWD by $1,000 and the Model Y by $2,000. It has also added a RWD version of the Model Y for North America.
Ford says it will pull out all the stops to reduce complexity in its model lineup as it struggles to remain profitable.
There has been a lot of concern about battery materials and global geopolitical risks. In some ways, it would be easy to just keep relying on China for rare earth minerals, lithium, and other things we need for the energy transition. But, as we’ve learned in the past, depending on … [continued]
If you remember 2022 (it seems so long ago now), you probably remember the Inflation Reduction Act (IRA). If you’re a fan of EVs and you spend much time on social media, you probably saw all of the controversy over the Act’s treatment of battery minerals for EV tax credits. … [continued]
Recently passed legislation in the US has created updated requirements on electric vehicle tax credits, but one hugely underlooked factor of the act includes its incentives for battery manufacturing. Huge federal investments into domestic battery manufacturing are expected to drive production costs down in the coming years, making EVs more … [continued]