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Chevrolet Spark EV priced below $25,000 with tax incentives; Oregon and Canada added to markets

Green Car Congress

The 2014 Chevrolet Spark EV ( earlier post ), introduced today ahead of the Los Angeles International Auto Show, will be priced under $25,000 with tax incentives. Apple’s Siri will be available for customers with compatible (4S and newer) iPhones. Earlier post.).

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DOE Inspector General review finds automotive Li-ion battery maker LG Chem Michigan misused Recovery Act funds; DOE management, low market demand contributory

Green Car Congress

A review by the US Department of Energy (DOE) Office of the Inspector General (OIG) has found that Li-ion battery maker LG Chem Michigan misused funds awarded to it under the American Recovery and Reinvestment Act of 2009 (Recovery Act). Less than half of the expected number of jobs had been created to support the project.

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Pike forecasts Asia-Pacific to be largest PEV market, with more than 1.2M units by 2015; China to represent 53% of total sales

Green Car Congress

million kWh of Li-ion batteries and revenue of $4.1 National programs encouraging the growth of the PEV sector include the establishment of aggressive goals, subsidies for EV purchasers, research and development support and demonstration projects, tax incentives, regulation and standardization, and public education programs.

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Zero EVs May Qualify For the Federal Tax Credit Under the Inflation Reduction Act Requirements

EV Adoption

Additionally, the IRA could actually receive enough votes to pass, but not without potentially several significant changes — including to some of the EV tax credit requirements. Battery Material and Component Requirements Cannot Be Met in the Near Term. Joe Manchin, via the Wall Street Journal. Joe Manchin, via the Wall Street Journal.

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Nissan, Frost & Sullivan study finds 37% of Southeast Asian consumers open to buying EV

Green Car Congress

Along with the release of the study, Nissan announced that the new LEAF will go on sale in seven markets in Asia and Oceania during the next fiscal year: Australia, Hong Kong, Malaysia, New Zealand, Singapore, South Korea and Thailand. Three in four respondents said they were ready to switch to electric vehicles if taxes were waived.

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LG Energy Solution secures lithium supply for the North American market

Teslarati

According to the agreement , WesCEF will supply the South Korean battery supplier with up to 85,000 tons of lithium concentrate. Tesla 4680 battery production by LG starting later this year Through their offtake agreement, LGES and WesCEF aim to deliver top-quality IRA-compliant batteries to customers.

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International review study seeks to improve modeling for plug-in vehicle adoption

Green Car Congress

The team reviewed models from 16 countries, including the United States, Germany, China, South Korea, the United Kingdom and Ireland. What is the effect of rebates, tax credits, battery research and development and high-occupancy vehicle lane access? What are consumers’ primary purchase considerations?

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