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GM and Stellantis to receive over $1 billion from Biden administration for EV projects

Teslarati

The facilities that would be supported by the grant are located in Michigan, Indiana, Illinois, Pennsylvania, Ohio, Virginia, Maryland, and Georgia. John Podesta, Senior Advisor to the President for International Climate Policy, welcomed the grant. “President Biden set out to build a clean energy economy that benefits everyone.

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DOE announces $1.7 billion in grants to convert facilities for EV production and support US auto workers – Charged EVs

Baua Electric

Some folks fear that the transition to EVs will lead to major job losses in the auto industry—and not without reason, as EVs require different (and fewer) components than legacy ICE vehicles. Blue Bird bagged $80 million to convert a Georgia plant to build electric school buses. billion in funding.

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

Plug in America

In 2022, the federal government recognized the vital role of EVs in combating climate change, improving public health, and keeping the U.S. auto industry globally competitive. The IRA is also the largest-ever climate investment in U.S. As a result, the EV tax credits are complicated.

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LG Energy Solution and SK Innovation to end all legal disputes over EV batteries in US and Korea

Green Car Congress

LG Energy Solution and SK Innovation have decided to settle to compete in an amicable way, all for the future of the US and South Korean electric vehicle battery industries. We are dedicated to work together to support the Biden Administration’s climate agenda and to develop a robust US supply chain.

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Canoo Pickup, Kia EV6, Honda and Mini EV Plans: EV Week in Review – Mar 9-15

EV Adoption

Mullen will also spend about $26 million renovating the building at the site, which was formerly inhabited by Nike but has been vacant for the past five years. LG suggests building EV battery factory in Georgia, report says – LG Energy Solution suggested that it could build a factory in the U.S. LG to invest $4.5

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Inflation Reduction Act – How It Supercharges the Electric Vehicle Industry

EV Match

The recently passed Inflation Reduction Act (IRA) is arguably the most significant piece of climate legislation the United States has ever seen, including significant investments in clean energy and consumer incentives to accelerate electric vehicle (EV) adoption. How the IRA will help tackle climate change.

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Hyundai worries growing over a Trump EV disrupt at its new $7.6B Georgia Metaplant

Baua Electric

billion Metaplant in Georgia later this year. billion, creating 8,500 jobs in Georgia. Georgia even awarded Hyundai its own day in the state. The General Assembly passed a resolution declaring February 26, 2024, “Hyundai Day” in Georgia. Source: Business Korea FTC: We use income earning auto affiliate links.

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