Search Results Found For: "ev tax credit"

NOVONIX to receive $103 million in tax credits to support production of critical battery materials in Tennessee.

Battery materials and technology company NOVONIX has been selected to receive a $103-million tax credit under section 48C of the Qualifying Advanced Energy Project Allocation Program, to support production of critical battery materials at its Riverside facility in Chattanooga, Tennessee. The 48C tax credit is designed to incentivize clean energy property manufacturing, industrial decarbonization, and… Read more »

Retail chains aren’t deploying the EV chargers they’ve promised

It seems like every day, we read about another company pledging to roll out lots of public charging stations across the country. Automakers, utilities, oil companies, hotel and apartment chains, restaurants and retailers—everybody is (or claims to be) getting into the act. Even your favorite EV pundit abandoned his usual skepticism and gushed that, if… Read more »

MP Materials has an ambitious US rare earth supply chain strategy to fuel EV innovation

Q&A with MP Materials’ Matt Sloustcher. There’s much hand-wringing in the press these days about battery raw materials such as lithium, cobalt and nickel. However, save some of your anxiety for rare earth materials. These elements (which are not particularly rare, but seemed so to the scientists who named them back in the 18th century)… 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 »

Mullen THREE EV truck receives California Air Resources Board certification

California-headquartered EV manufacturer Mullen Automotive has announced that its Mullen THREE Class 3 truck, which had previously obtained EPA certification, has now received CARB certification.  The truck now qualifies for sale throughout the US, including in CARB-compliant  jurisdictions. CARB certification also qualifies the Mullen THREE for EV incentive programs that vary by state. Under California’s… Read more »

How Umicore is ensuring sustainability in the North American EV battery chain

Q&A with Umicore’s Robert Privette Umicore traces its roots to a Belgian mining company formed in 1906. Since then, it has moved on from mining to a variety of high-tech pursuits including refining, recycling and the manufacture of specialized metal products. Today it’s one of Belgium’s largest companies, and has a strong presence in e-mobility,… Read more »

Law firm Akerman launches EV infrastructure-oriented legal team

Akerman, a top-100 US law firm with over 700 employees, has launched three new teams under the umbrella of its Energy and Infrastructure Sector Team, focusing on renewable energy and other high-tech infrastructure. The multidisciplinary teams “build upon the existing capabilities of Akerman’s Data Centers and Digital Infrastructure Practice and Renewable Energy and Electric Power… Read more »