Green Car Congress

MAY 11, 2023

Cirba Solutions, a comprehensive battery materials and management company for end-of-life batteries and gigafactory scrap, selected global professional services company Jacobs to expand manufacturing capacity for sustainable electric vehicle (EV) battery materials across North America.

Tax Credit 218

Tax Credit Batteries Battery Lithium Ion 218

Green Car Congress

MAY 24, 2023

Circulor’s “digital battery passport” solution is an enabler of a sustainable, responsible, and circular battery value chain and designed for full compliance with forthcoming EU regulatory requirements. Circulor’s approach can also support the automotive industry in proving the requirements of the US Clean Vehicle Tax Credit.

Tax Credit 170

Tax Credit Battery Batteries Tax 170

Green Car Congress

DECEMBER 12, 2013

The US Department of Energy (DOE) announced $150 million in clean energy tax credits to 12 businesses to build US capabilities in clean energy manufacturing; $98 million of that goes to five automakers and suppliers towards investments in domestic manufacturing equipment. Funded at $2.3 Funded at $2.3 Lead organization. Description.

Tax Credit 218

Tax Credit Tax Clean Cleaning 218

EV Life

MAY 19, 2023

The Inflation Reduction Act of 2022 (IRA) introduced new guidelines for a federal EV tax credit aimed at helping qualified drivers purchase an electric vehicle. The tax credit is part of a broader plan to make 50% of new vehicles sold in the United States hybrids or plug-ins by 2030. Battery components.

Tax Credit 52

Tax Credit Tax Personal F-150 52

Green Car Congress

JUNE 20, 2023

Globally, the battery industry needs to invest at least $514 billion across the whole supply chain to meet expected demand in 2030, and $920 billion by 2035, according to a new analysis by Benchmark. Demand for lithium ion batteries is forecast to grow to 3.7 However, batteries are the fastest-growing demand market for nickel.

Industry 243

Industry Industrial Global Lithium Ion 243

Green Car Congress

AUGUST 16, 2023

However, ensuring enough qualifying supply to meet that demand faces “considerable challenges,” according to a new analysis by S&P Global. Copper is not currently listed as a critical mineral in the United States and does not qualify for IRA tax credits.

Global 370

Global Chile United States North America 370

Green Car Congress

SEPTEMBER 1, 2020

Before the COVID-19 pandemic lockdowns, engineering simulation software company Ansys commissioned a global survey of 16,037 adults resulting in some insights about consumer attitudes toward vehicle electrification. US respondents are most likely to buy an EV if the government offers a federal/state tax credit.

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Tax Credit Global Vehicles Tax 186

Green Car Congress

JUNE 16, 2021

Unifrax, a global manufacturer of high-performance specialty materials, plans to build its first large-scale SiFAB (silicon fiber anode material) manufacturing line at its north central Indiana facility. SiFAB can be mixed into anode slurry with existing battery manufacturing processes. Source: Unifrax.

Manufacturer 417

Manufacturer Building Indiana Tax Credit 417

Teslarati

JULY 10, 2024

South Korean battery supplier SK Innovation will host its Global Forum on July 13, 2024, in San Jose, California. The SK Innovation Global Forum will help the company learn about future growth drivers from global energy experts. The joint venture established BlueOval SK, which concentrates on EV battery development.

United States 127

United States San Jose Global Tax Credit 127

Green Car Congress

OCTOBER 13, 2022

An estimated 387GW/1,143GWh of new energy storage capacity will be added globally from 2022 to 2030, according to the forecast—more than Japan’s entire power generation capacity in 2020. The US and China are set to remain the two largest markets, representing more than half of global storage installations by the end of the decade.

Energy Storage 259

Energy Storage Global Market Energy 259

Green Car Congress

DECEMBER 1, 2022

of cars on the road globally are electrified, which begs the question: How do we fulfill the promise of EVs to deliver sustainable mobility? We can all see that there is growing demand for proof of what is in our batteries and our vehicles.

Economy 330

Economy Building Battery Batteries 330

Green Car Congress

FEBRUARY 22, 2023

Hyundai Motor America announced pricing, packaging and a 53-kWh battery pack option for the IONIQ 6 electric vehicle. Customers can select from two battery pack options, either 53 kWh or 77.4 kWh battery has a MSRP of $45,500 ($46,615 including delivery). The 2023 IONIQ 6 goes on sale this spring at Hyundai dealerships.

Hyundai 284

Hyundai Miles Range Tax Credit 284

The Truth About Cars

AUGUST 26, 2024

The rules around federal EV tax credits changed at the beginning of this year, making it more difficult for vehicles to qualify. Even so, buyers can get around the rules by leasing an EV, which opens the door to the full $7,500 credit regardless of the model. The data comes from S&P Global Mobility and TransUnion.

Tax Credit 105

Tax Credit America Sale Financing 105

Green Car Congress

JULY 24, 2012

Its eligibility for a $3,750 federal tax credit drops that to $29,995. Both Prius Plug-in models qualify for a federal tax credit of $2,500. C-MAX Energi also is expected to qualify for additional tax credits up to $1,500 in California. The base MSRP for the Prius Plug-in Hybrid is $32,000.

Tax Credit 268

Tax Credit Plug-in Tax Ford 268

Green Car Congress

MAY 13, 2023

These new laws will cumulatively increase demand for aluminum in significant ways: The IRA incentivizes more production of solar, batteries, and electric vehicles, the latter requiring hundreds of pounds more aluminum (per automobile) compared to traditional internal combustion engine vehicles.

Production 225

Production Tax Credit Electric Electrical 225

Green Car Congress

JANUARY 9, 2010

billion in Recovery Act Advanced Energy Manufacturing Tax Credits for clean energy manufacturing projects across the United States. The 183 projects in 43 states include several for the manufacturing of advanced batteries; biomass projects; and vehicles. GE claimed the largest of the battery-related awards, with a $25.5

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Tax Credit Obama Tax Clean 210

Green Car Congress

MAY 23, 2023

The agreement between Ford and SQM will ensure the supply of battery-grade lithium carbonate and lithium hydroxide, essential components to manufacture high-performance electric vehicle batteries. Albemarle will supply more than 100,000 metric tons of battery-grade lithium hydroxide for approximately 3 million future Ford EV batteries.

Supplies 199

Supplies Ford Tax Credit Lithium Ion 199

Green Car Congress

AUGUST 1, 2023

The US Department of Energy (DOE) released its 2023 Critical Materials Assessment (2023 CMA), which evaluated materials for their criticality to global clean energy technology supply chains. Materials used in batteries for EVs and stationary storage are now considered to be critical.

Clean 370

Clean Cleaning Supplies Energy 370

Green Car Congress

JUNE 18, 2021

million in Excelsior Jobs Program tax credits in exchange for job creation commitments for the iM3NY project. iM3NY has an exclusive North American technology license agreement with C4V, a Binghamton, NY-based R&D company with IP/patented technologies in the development and design of environmentally friendly lithium-ion batteries.

New York 468

New York Lithium Ion Tanzania Tax Credit 468

Baua Electric

SEPTEMBER 26, 2024

South Korea’s leading automakers are doubling down on their efforts to cut EV costs with new battery tech. Hyundai and Kia are teaming up to develop LFP battery materials to power up lower-priced EVs. EcoPro BM will then use the tech to develop LFP battery cathode material. of global EV battery sales in the second quarter.

Kia 52

Kia Hyundai Price Batteries 52

Green Car Congress

APRIL 14, 2009

million in tax credits to four battery companies announcing plans to invest more than $1.7 The four companies receiving the tax credits and announcing plant plans are Johnson Controls-Saft Advanced Power Solutions LLC; KD Advanced Battery Group LLC; A123Systems Inc.; KD Advanced Battery Group LLC (KD).

Tax Credit 150

Tax Credit Michigan Li-ion Tax 150

Green Car Congress

APRIL 27, 2022

Ford is on track to deliver more than 2 million electric vehicles annually by 2026, equal to about one-third of the company’s global volume, on the way to 50% by 2030. Three-quarters of reservation holders do not currently own or lease a Ford vehicle.

F-150 370

F-150 Ford Production Tax Credit 370

Green Car Congress

JANUARY 19, 2023

US-based graphite processor Urbix ( earlier post ) announced a Joint Development Agreement with global EV battery developer and manufacturer SK On (SKO). Headquartered in Seoul, SKO is a global Tier 1 cell-maker, with major battery plants operating and under construction across Asia, the US and Europe.

Tax Credit 210

Tax Credit Kentucky Lithium Ion Tennessee 210

Green Car Congress

NOVEMBER 12, 2022

FREYR Battery announced the selection and purchase of a site in Coweta County, Georgia for its planned Giga America battery plant. The SemiSolid platform enables capital and energy efficient production of lithium-ion batteries at scale. billion through 2029.

Georgia 150

Georgia Battery Batteries Tax Credit 150

Green Car Congress

NOVEMBER 5, 2022

Battery manufacturer SK On signed a lithium hydroxide supply deal with Chile’s SQM, a move that will further strengthen SK On’s supply chain for critical battery materials in coping with the US “Inflation Reduction Act” (IRA) following its recent deals with Australian lithium developers. million electric vehicles (EVs). Earlier post.).

Supplies 273

Supplies Chile Tax Credit New York 273

Teslarati

OCTOBER 24, 2023

LG Energy Solution (LGES) recently announced that its battery facility in Arizona will become a key production hub for 46-series cylindrical cells in North America. “This will become our core engine for consistent mid-to-long term growth, upon which we will become a global leader providing the world-best value to our customers.”

Arizona 131

Arizona Tax Credit Energy Tax 131

Green Car Congress

AUGUST 27, 2010

ReVolt Technology, LLC, a company that is developing rechargeable zinc-air batteries ( earlier post ), has been approved to receive a package of loans and tax credits from Oregon and Portland authorities totaling approximately $6.8 When fully depleted, the batteries degrade into environmentally-benign compounds.

Zinc Air 230

Zinc Air Tax Credit Oregon Portland 230

Baua Electric

JULY 25, 2024

EVs are still the future The sudden revival of plug-in hybrids is predicted to peak at 10% of the market Sales of PHEVs is predicted to call as battery prices drop and EVs become less expensive Plug-in hybrids are experiencing a sales resurgence , but they’re unlikely to surpass EVs in the long term, predicts Bloomberg New Energy Finance.

PHEV 52

PHEV Global Market Plug-in 52

The Truth About Cars

AUGUST 28, 2024

The automaker recently confirmed that the new SUV would be built in the United States, opening it to federal tax credit eligibility. million vehicles globally by 2030, which is around a 30-percent climb from last year’s final sales numbers. Hyundai talked about its new business roadmap under a plan it calls “Hyundai Way.”

Georgia 103

Georgia Hyundai Production Tax Credit 103

Green Car Congress

MARCH 8, 2010

Direct transportation (fuel) taxes generate the greatest reductions in CO 2 emission from transportation, achieving CO 2 emissions at 86% of 2005 levels by about 2025. The largest reductions in GHG emissions from transportation are obtained by increasing the cost of driving with fuel taxes, resulting in lower emissions in 2030 than in 2010.

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Tax Credit Tax Emissions Fuel 220

Baua Electric

JANUARY 3, 2024

Tesla and Chinese automaker BYD were the two global contenders for most EV sales in 2023. Tesla has used price cuts to help jolt sales, but BYD has its own battery business, giving it greater control over prices. Its new Blade battery, focused on safety and longevity , has earned a good reputation already.

BYD 52

BYD Global Sale Tax Credit 52

Teslarati

MAY 31, 2023

LG Energy Solutions (LGES) and Hyundai teamed up to build a battery cell manufacturing plant in the United States. Hyundai Motor Group and LGES signed a memorandum of understanding on May 26 in Seoul, Korea, for a battery cell manufacturing facility in Bryan County, Savannah, Georgia. based battery plant.

United States 98

United States Hyundai Georgia Energy 98

Blink Charging

APRIL 4, 2023

Thanks to new tax credits for EVs and EV charging stations as well as lower fuel and maintenance costs for EVs, fleet managers can now save money while setting an example for other organizations. Limited time to claim tax credits for EV fleets There are currently numerous incentives to purchase EVs and EV charging equipment.

Fleet 92

Fleet Tax Credit Vehicles Tax 92

Baua Electric

MAY 26, 2023

“We will create a strong foundation to lead the global EV transition through establishing a new EV battery cell plant with LG Energy Solution, a leading global battery producer and long-time partner,” Jaehoon Chang, CEO of Hyundai Motor Co. EV battery plant in Ga. stated within the remark. in Georgia. in Georgia.

Hyundai 52

Hyundai Power Powered Batteries 52

Blink Charging

FEBRUARY 1, 2024

As dealerships embrace electrification to maintain competitiveness , it’s crucial to also explore the benefits of integrating battery energy storage systems (BESS). Discover key insights into incorporating battery storage for your dealership’s sustainable energy storage. What are battery energy storage systems?

Energy Storage 102

Energy Storage Energy Battery Batteries 102

Teslarati

APRIL 5, 2024

million EVs in the global market in 2024. Kia ultimately aims to boost its global EV sales to 4 million by 2027 and 4.3 Kia expects to sell 761,000 pure battery electric vehicles (BEVs) and hybrid electric vehicles (HEVs) this year. During Kia’s CEO Investor Day event, the Asian carmaker announced plans to sell 3.2

Kia 118

Kia Tax Credit Hyundai Sale 118

Blink Charging

APRIL 6, 2023

Needless to say, EV sales are increasing globally. However, there are still challenges ahead, most notably with procuring the raw materials needed for battery production. Manufacturer challenges On the manufacturing side, global demand for EV batteries doubled in 2021, driven largely by China’s EV sales.

Electric Vehicles 52

Electric Vehicles Global Vehicles Tax Credit 52