Baua Electric

OCTOBER 24, 2024

We know the two flagship models will be built at a new Scout production facility in the US, specifically in South Carolina. However, targeted production of these EVs is not expected to begin in South Carolina until 2027. FTC: We use income earning auto affiliate links. What do you think?

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Baua Electric

SEPTEMBER 3, 2024

In a recent day of up-close time with the South Carolina-made EX90 , set to arrive this fall, Volvo was big on the latter term, and its platform’s origin story rooted in global technology partnerships with Google, Nvidia, Qualcomm, and Luminar. And it appears that it will not qualify for the EV tax credit , at least initially.

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EV Adoption

AUGUST 23, 2021

One of the proposed changes to the federal EV tax credit that has flown a bit under the radar is also one of the most political and protectionist in nature. Effective January 1, 2022, electric vehicles with final assembly* (see definition at the end) in China would no longer qualify for IRC 30D (federal EV tax credit).

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Baua Electric

JANUARY 26, 2024

The US’s largest renewable developer on the IRA The Biden administration’s landmark climate change law, the Inflation Reduction Act, has created a US clean energy manufacturing boom, thanks to the generous tax credits and other incentives. ad* FTC: We use income earning auto affiliate links. But time will tell.

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Baua Electric

JUNE 8, 2024

2025 Volvo EX90 production begins in South Carolina U.S. production of the 2025 Volvo EX90 electric SUV has started in South Carolina, the Swedish automaker reported this week. But will they qualify for the full $7,500 EV tax credit? The first U.S. made EV now confirmed as the Ioniq 5.

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Plug in America

JULY 22, 2024

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. As a result, the EV tax credits are complicated.

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Plug in America

OCTOBER 28, 2024

billion for the roll-out of 500,000 electric vehicle (EV) chargers across the country, additional funding to support domestic battery and EV manufacturing, and EV tax credits for consumers. auto facilities producing electric vehicles are requiring more jobs and a larger workforce than traditional gas vehicle facilities.

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Baua Electric

MAY 14, 2024

This large tariff has had the effect of excluding most Chinese autos from the US market, as it’s easier to export to countries with lower tariffs first. Production of Polestar 3 is set to begin in South Carolina in the summer diversifying our manufacturing footprint and supporting job creation and economic growth in the region.

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Baua Electric

FEBRUARY 3, 2025

Photo: ES Foundry ES Foundry will become the largest producer of crystalline silicon solar cells in the US with the launch of its new factory in South Carolina. ES Foundrys domestically produced solar cells enable its partners to unlock additional Investment Tax Credit (ITC) benefits for domestic content well, for now , anyway.

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Baua Electric

SEPTEMBER 19, 2024

Trump hasn’t had a well-defined platform—then or now—regarding clean energy, transportation, or the auto industry in the same way as President Joe Biden (or, by extension, Vice President and current presidential candidate Kamala Harris). First, let’s take a look at how Trump policy affected the auto industry in the previous term.

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