Funds from infrastructure law meant to meet 500K-charger goal by 2030.
https://www.fi-magazine.com/372822/biden-administration-awards-charger-grants
Anderson Economic Group estimates $5 billion in economic losses in a hypothetical 10-day strike against the Detroit three.
https://www.fi-magazine.com/371722/report-warns-uaw-strike-would-bring-economic-strife
Sources cite EPA concerns over finalizing the intricacies of the EV portion of ruling by the June 14 deadline.
https://www.fi-magazine.com/370913/biden-administration-defers-plan-to-award-automakers-credits-for-renewable-natur
Analysis finds Tesla would be both winner and loser.
https://www.fi-magazine.com/370153/us-ev-sector-winner-in-charger-system-expansion
As of January 1, consumers can lease electric vehicles and qualify for up to $7,500 in commercial clean vehicle tax credits.
https://www.fi-magazine.com/369715/commercial-ev-vehicle-leases-to-qualify-for-tax-credits
The U.S. Energy Department finalized a $2.5 billion loan to a joint venture of General Motors Co. and LG Energy Solution for three lithium-ion battery cell...
https://www.fi-magazine.com/369578/u-s-energy-department-finalizes-loan-for-gm-battery-venture
Hyundai may not maintain its EV sales momentum if it can no longer qualify for U.S. tax credits under the Biden Administration’s Inflation Reduction Act.
https://www.fi-magazine.com/369461/ira-tax-credit-change-puts-hyundai-profits-at-risk
U.S. enters an agreement that 30% of new medium and heavy-duty vehicles will be zero-emission by 2030 and 100% by 2040.
https://www.fi-magazine.com/369426/medium-and-heavy-duty-vehicles-to-produce-zero-emissions-by-2040
South Korea wants a three-year grace period on the U.S. Inflation Act to enable Korean automakers to keep receiving U.S. electric vehicle (EV) incentives.
https://www.fi-magazine.com/369309/south-korea-seeks-grace-period-to-new-ev-credit-rules
Federal agencies would have purchased more EVs had it not been for supply chain hurdles, the White House reported.
https://www.fi-magazine.com/369168/supply-chain-challenges-slow-ev-adoption-in-government-agencies