Search Results Found For: "Inflation Reduction Act"

Ideanomics tests WAVE’s 500 kW wireless charger at Port of Los Angeles

Commercial EV specialist Ideanomics (NASDAQ: IDEX) has successfully tested WAVE’s 500 kW wireless charging system at the Port of Los Angeles. In a test, WAVE’s system fully charged a Class 8 electric truck in less than 15 minutes. (Ideanomics acquired WAVE in 2021.) Construction and charger installation at the Port of Los Angeles is underway,… Read more »

Cadillac’s ambitious move to an all-electric luxury brand by 2030

The car that once advertised itself as “The Standard of the World” will go all-electric. Can the US luxury brand reinvent itself for a modern era…and for China? Among cutting-edge automotive buyers—the glitterati of Los Angeles, the tech millionaires of Silicon Valley, the finance titans of Wall Street—only one Cadillac is widely recognized. It’s a… Read more »

The redesigned federal EV tax credit and other EV-related measures

Unpacking the Inflation Reduction Act The recent passage of the Inflation Reduction Act—a sweeping package of tax, health care and climate measures—was like the happy ending to one of those heartwarming “Save Christmas” stories. We may never know what Machiavellian machinations persuaded Senator Manchin to release Santa Claus, but the merry old elf is coming… Read more »

Benchmark Minerals: Battery production scrap will be the main source of recyclable material this decade

As demand for lithium-ion batteries accelerates, recycling of raw materials will be an essential part of the circular EV ecosystem. However, in the near term, the primary source of recyclable battery material will be scrap material from battery production, according to Benchmark Mineral Intelligence’s latest Recycling Report. Benchmark forecasts that scrap will account for 78%… Read more »

Plug In America digs deep into the details of the new federal EV tax credit

The revamped federal EV tax credit is the most-discussed part of the Inflation Reduction Act, and there’s plenty to talk about. Like most government programs, it is complex, and like many, it aims to advance more than one goal. The main objective is of course to boost EV adoption from the demand side by making… Read more »

Bollinger Motors reveals B4 commercial electric truck

Bollinger Motors’ new B4 is a Class 4 all-electric fleet truck that features a cab-forward design. It’s designed to offer maximum cargo volume, accommodate unlimited adaptation, and prioritize safety. “The cab-forward design is a radical change from our previous concepts,” says founder and CEO Robert Bollinger. “And that’s on purpose. We listened to our commercial… Read more »

Will the Buy American provisions of the revamped EV tax credit do more harm than good?

Auto industry experts (and others) are beginning to assess the details of the redesigned federal EV tax credit program contained in the Inflation Reduction Act. There’s broad agreement that the changes will help to speed EV adoption, but there’s also concern that some provisions of the law could be counter-productive, at least in the short… Read more »

Manchin agrees to energy bill that could include new EV incentives

Joe Manchin is nothing if not unpredictable. He reportedly receives more money from the fossil fuel industry than any other senator, and he’s become a bête noire for fans of EVs and renewable energy. However, his opposition to new transport and energy technology is not absolute—in April, he attended a ribbon-cutting for a battery factory… Read more »

Li-ion battery pack prices rise for first time, to $151/kWh

Lithium-ion battery prices have been dropping for so long that industry players and pundits tend to factor ever-cheaper cells into their predictions, and many have made (dubious) comparisons to Moore’s Law, one of the core tenets of the computer industry. Now, thanks to rising raw material and battery component prices, along with more general inflation,… Read more »

Dana kicks copper to the curb in favor of all-aluminum cooling products for EVs

In 1982, the US Mint made the practical decision to change the composition of the penny coin from 95% copper/5% zinc – an alloy you know as brass – to 97.5% zinc with copper plating. Inflation had pushed the price of copper in a penny above one cent, and zinc was significantly less expensive and… Read more »