Remove America Remove Auto Industry Remove Global Remove Tax Credit
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LG Energy Solutions & Hyundai team up for battery plant in the United States

Teslarati

billion The parties agreed to produce EV batteries so Hyundai could accelerate its electrification efforts in North America. The battery plant would allow Hyundai electric vehicles (EV) to qualify for the Inflation Reduction Act’s (IRA) $7,500 tax credit. Hyundai aims to become one of the top three global automakers by 2030.

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The Congressional Review Act and its potential impact on EV tax credits

Plug in America

auto industry globally competitive. history, offering tax credits on energy-efficient electric heat pumps, home energy efficiency improvements, rooftop solar or battery storage, and–our personal favorite–clean vehicle tax credits for both new and used EVs. The impact of the IRA is huge. 148/S.J.Res.87)

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CMU study finds that HEVs and PHEVs with small battery packs offer more emissions and oil displacement benefits per dollar spent than large pack PHEVs and BEVs; policy implications

Green Car Congress

and battery production, driving location, and upstream supply chain emissions, we use a medium global valuation for GHG emissions, and we assume the battery will last the life of the vehicle. Value of life cycle air emissions and oil displacement benefits compared to federal tax credit for plug-in vehicles. are also substantial.

PHEV 186
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Tesla Giga Canada makes sense: CN Minister emphasizes auto industry’s new “supplier of choice” [Opinion]

Teslarati

CN seems to be hyper-focused on developing its green supply chain and catering to the auto industry. Also, the recently signed Inflation Reduction Act encourages automakers—legacy and startup alike—to secure supply chains in North America. . We are working fast for our workers and the auto industry.

Canada 98
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The EV Transition Explained: How to Meet Sales Targets?

Cars That Think

Recommendations on how to complete the numerous global and domesticate systems engineering efforts across multiple industries required to carry out such policies in such a short time frame is conspicuously absent from LLNL’s report, however. Only about 20 EVs on the market today are currently eligible for the tax credits.

Sale 87
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VW Joke, Kia EV6 Details – EV Week in Review: March 23-30

EV Adoption

Kia EV6 will have 282 miles of range and 800V Charging – Kia revealed specifications on Tuesday for its upcoming EV6, its first EV built on the Hyundai Group dedicated platform known as Electric-Global Modular Platform (E-GMP). Electrify America is partnering with Jeep to build the charging network.

Kia 52
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Biden quadruples tariffs on Chinese EVs, up from 25% to 100%

Baua Electric

We reached out for comment from both Volvo and Polestar, and this is what we heard back: As a global manufacturer Volvo Cars is in favor of free trade and open markets. This isn’t the first move that Biden has made to limit the ability of the Chinese auto industry to operate in the US.

Chinese 52