Remove Products Remove Tax Remove Tax Credit Remove Washington
article thumbnail

Proposed Changes to the Federal EV Tax Credit Passed by the House of Representatives

EV Adoption

For electric vehicles, the BBBA includes multiple proposed changes to IRC 30D, more commonly knows as the federal EV tax credit. Perhaps the mostly likely is the requirement for EVs to be assembled in the US in a union factory to qualify for an additional $4,500 tax credit. Tax Credit Becomes Refundable.

article thumbnail

Tesla stock outlook soars to $1,300 per share, driven by Biden’s $10k EV tax credit

Teslarati

Tesla’s ( NASDAQ: TSLA ) stock price soared during Monday trading following the report of impressive Q1 2021 delivery and production numbers last Friday. Instead, President Joe Biden’s EV tax credit, a long-awaited returning incentive for many EV enthusiasts, is about to be reintroduced. ” Ives said to Yahoo!

article thumbnail

Sila introduces Titan nano-composite silicon anode material; 20% increase in vehicle range and reduced charge time

Green Car Congress

Titan Silicon anode is 100% compatible with cylindrical, pouch, and prismatic cells to accommodate any OEM, any gigafactory, and any product design. Titan Silicon generates 50-75% less CO 2 per kWh than graphite during production. The formula used to engineer Titan Silicon is used today in the WHOOP 4.0 fitness tracker.

Range 446
article thumbnail

EIA: US renewable diesel capacity could more than double through 2025

Green Car Congress

US production capacity for renewable diesel could more than double from current levels by the end of 2025, based on several announcements for projects that are either under construction or could start development soon, according to the US Energy Information Administration (EIA). billion gallons per year (gal/y), at the end of 2022.

Renewable 195
article thumbnail

Tesla ships more vehicles from China to North America

Teslarati

However, the April reports were proven to be accurate as both Model 3 and Model Y vehicles made their way to a port in Washington State on May 1. based customers to take advantage of the tax credits that make the cars more affordable. However, it is apparently moving forward with shipments to Canada. Tesla is likely keeping U.S.-produced

article thumbnail

EV Supply Chains May Be Dirtier Than You Think

The Truth About Cars

Most of us know that even the most efficient, long-range EVs generate emissions during the raw materials extraction and production phases, and that’s before we count the logistics required to move everything around the world a few times in the process. As The Washington Pos t points out, the U.S.

Supplies 116
article thumbnail

Panasonic partners with Sila to deliver EV batteries with unparalleled performance

Teslarati

Panasonic plans to produce Sila’s anode material in its Moses Lake, Washington facility, qualifying it for tax credits under the Inflation Reduction Act. Titan Silicon is designed for high-volume production and high performance.

Batteries 143