Search Results Found For: "Inflation Reduction Act"

FREYR Battery to build Giga America battery plant in Georgia

Another day, another announcement of a new battery gigafactory. FREYR Battery has purchased a site in Coweta County, Georgia for its planned Giga America battery plant, and will begin detailed project engineering “in the coming months.” FREYR plans to invest some $1.7 billion in the first phase of Giga America, which will be a cell… Read more »

Redwood Materials to supply cathode material to Panasonic’s new US battery plant

JB Straubel’s Redwood Materials will supply remanufactured battery cathode material to Panasonic, beginning in 2025, for a new factory the Japanese battery-maker is currently building in Kansas. Panasonic’s $4-billion factory, which is said to be larger than Tesla’s Nevada Gigafactory, is expected to begin production of 2170-format cylindrical cells by March 2025. Spurred by the… Read more »

Verkor will use V-TRACE to ensure the traceability and sustainability of its battery supply chain

It’s becoming increasingly important for battery suppliers and automakers to be able to document where their raw materials come from. Traceability, which has long been important in industries such as aerospace and food processing, is not just about deflecting bad PR—under the new Inflation Reduction Act, automakers will have to document the sources of their… Read more »

The Tesla Semi is in production at last! Pepsico will get the first deliveries.

The Tesla Semi, an electric Class 8 truck, was hailed as a game-changer when it was unveiled in 2017. However, planned production dates were pushed back repeatedly, and other companies (Kenworth, Freightliner, Volvo) beat Tesla to the market, while the erstwhile EV trend-setter pursued other priorities. Now Tesla has announced that Semi production has begun,… Read more »

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 »