Search Results Found For: "Inflation Reduction Act"

How the Inflation Reduction Act is creating EV industry jobs in red states

The architects of the Inflation Reduction Act (IRA) and the Bipartisan Infrastructure Law (BIL) understood that growing the US EV industry will be a Pyrrhic victory if we trade dependence on oil for dependence on raw materials from unpredictable foreign countries—that’s why the laws include strong incentives for automakers to establish domestic supply chains for… Read more »

6K’s cathode active material for EV batteries to meet IRA requirements

US battery materials producer 6K has confirmed that its cathode active material (CAM) will meet US government mandates for compliance with the Inflation Reduction Act (IRA) for both lithium iron phosphate (LFP) and nickel manganese cobalt (NMC) materials for EV batteries. The company’s 6K Energy subsidiary is delivering large quantities of critical materials from its… Read more »

Schaeffler invests $230 million in new automotive manufacturing facility in Ohio for EV products

Global motion technology company Schaeffler plans to expand its US operations with the addition of a new manufacturing facility focused on producing automotive electric mobility solutions. Schaeffler will invest over $230 million to build a new greenfield manufacturing facility in Dover, Ohio, and is also planning future expansions in the state. Construction of the new… Read more »

Indian firm EAM to invest $650 million in North Carolina EV battery manufacturing facility

Epsilon Advanced Materials (EAM), an Indian battery materials company and a subsidiary of Epsilon Carbon, plans to build a $650-million graphite anode manufacturing facility in Brunswick County, North Carolina. The company plans to break ground in 2024 and begin manufacturing in 2026, reaching full capacity by 2031. EAM is already in discussions with local raw… Read more »

Statevolt acquires Imperial Valley, California site to build battery gigafactory

Battery startup Statevolt has acquired a 135-acre site near the Salton Sea in Imperial Valley, California, for a new 54 GWh gigafactory. The company says it intends to manufacture batteries for EVs and storage applications using exclusively US resources and supply chains as part of its hyperlocal business model. According to Statevolt, the location was… Read more »

North Carolina’s governor proposes Advanced Clean Trucks (ACT) program to electrify trucks and buses

North Carolina Governor Roy Cooper has taken an important step towards accelerating the electrification of medium- and heavy-duty vehicles in the state. Executive Order 271 directs the North Carolina Department of Environmental Quality (DEQ) to work with stakeholders to propose an Advanced Clean Trucks (ACT) program that would “ensure zero-emission trucks and buses are available… Read more »

Bidirectional Act to promote electric school bus V2G applications introduced in Senate

Bidirectional electric school buses are such a good idea, they almost sound too good to be true. School buses represent a perfect use case for V2G technology, revenue from providing grid services can help defray the costs for school districts, and protecting schoolchildren from diesel fumes is a worthy goal that should be popular on… Read more »

Tritium opens fast charger factory in Tennessee

Charger manufacturer Tritium (Nasdaq: DCFC) has opened its first US-based charger manufacturing facility in Lebanon, Tennessee. The facility is expected to create over 500 jobs over the next five years. Tritium’s Tennessee facility will initially produce the company’s RTM fast charger, and is expected to start producing the PKM150 early next year. These DC fast… Read more »

Wildcat Discovery Technologies is building a US plant to produce next-gen LFP cathode and battery materials

Q&A with Wildcat President and CEO Mark Gresser. EV battery technology is advancing rapidly—it seems like every few days we read about a scientific breakthrough that will enable safer, cheaper, smaller and more energy-dense batteries. However, the road from the lab to the auto dealership is a long one—it typically takes several years of testing… Read more »

Xendee 2024 Commercial EV Charging Survey: utility grid limitations are a major roadblock, microgrids can help

Xendee, provider of a design and operation platform for distributed energy systems and EV fast charging infrastructure, has released the findings of its 2024 Commercial EV Charging Market Survey, the second in a series of annual research studies. Xendee asked leaders in the EV charging industry about challenges and potential solutions related to commercial EV… Read more »