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 »
Search Results Found For: "ev tax credit"
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 »
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 »
