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 »
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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 »
Taxing EVs: no gas means no gas tax
The electric car may have come back from the dead, but it won’t escape life’s other inevitability How do we pay for the highway system? The roads don’t build themselves, in fact they cost a ton of money to construct and maintain. In the US, most of the money comes from gasoline taxes, which have… Read more »