Senator Sherrod Brown (D-Ohio) has authored a bill called the Security in Energy and Manufacturing Act, which would renew the Advanced Energy Manufacturing Tax Credit.
Search Results Found For: "ev tax credit"
Tax credits for chargers are finished, and credits for EV purchases may be next
In a masterpiece of bad timing, a federal tax break for EV chargers, which allowed filers to take a tax credit for 30% of the cost of a home charger, will expire at the end of this year.
Joby Aviation electric air taxi begins final phase of FAA certification program
Joby Aviation, a maker of electric vertical takeoff and landing (eVTOL) aircraft, has announced that its new electric air taxi has entered Type Inspection Authorization, the final phase of Federal Aviation Administration certification, and has completed the first phase of the FAA testing program to receive TIA. The first tests took place in the cockpit… Read more »
TIME names InductEV’s wireless EV charging solution a 2024 Best Invention
InductEV, a pioneer in inductive wireless vehicle charging, has announced that its technology has been named as a TIME Best Invention for 2024. TIME’s editors selected the Pennsylvania-based company’s technology for its annual list of 200 groundbreaking inventions, based on a number of factors, including originality, efficacy, ambition and impact. It’s common for consumer publications… Read more »
Could a new administration claw back EV and renewable energy investments?
The Republican presidential candidate has said some pretty rude things about EVs over the years. In particular, he has called President Biden’s Inflation Reduction Act (IRA), which despite its name is mainly a package of incentives for EV adoption and domestic production of EV components and raw materials, a “green new scam,” and has promised… Read more »
DOE offers conditional loan to ENTEK for EV battery separator plant in Indiana
The US Department of Energy’s Loan Programs Office (LPO) has made a conditional commitment to provide a direct loan of up to $1.2 billion to ENTEK Lithium Separators to finance a new facility in Terre Haute, Indiana. The lithium-ion battery separators manufactured at the plant will be used primarily in EVs to strengthen the US supply… 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 »
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 »
GM solves software problems, puts Chevy Blazer EV back on the market
The EV press has covered GM’s problems with its new Ultium vehicles in great detail, so now that the company has its new Chevrolet Blazer EV back on the market, it’s only fair that we report on how the company overcame the software issues that forced it to pause sales. Software is a key component… Read more »