Search Results Found For: "Inflation Reduction Act"

Senator Schumer takes Revel’s millionth electric ride in NYC

New York-based Revel leverages the synergies between urban public charging and ridesharing. The company operates two public EV fast charging Superhubs, and plans to add at least 130 more plugs by the end of 2023. The company launched its electric rideshare service in 2021, and currently has a fleet of about 300 EVs, including Tesla… Read more »

Westwater Resources is building a facility in Alabama to process one of the largest graphite deposits in the US

Q&A with Jon Jacobs of Westwater Resources Everyone in the EV industry is talking about the IRA and the BIL, two sets of federal regulations that include strong incentives for automakers to establish domestic supply chains for EV raw materials and components. Not everyone is happy about the requirements, and there are a number of… Read more »

New NRDC report details ways to make the battery supply chain greener

The authors of the endless articles warning of the environmental costs of battery raw materials are invariably “big fans” of EVs, but they’re naturally concerned that they may not be “as green as they claim.” Oddly, these public-spirited citizen journalists never mention the far greater environmental impacts of fossil fuel extraction, nor do they seem… Read more »

IRA incentives set off battery recycling gold rush

As numerous EV execs have told Charged in recent months, the “buy American” provisions of the IRA and BIL are driving massive investments in domestic mining and processing for EV battery raw materials. Now a similar gold rush appears to be gathering speed in the battery recycling field. The voluminous Inflation Reduction Act includes a… Read more »

Nth Cycle opens nickel and cobalt production facility in US

Nth Cycle, a metals extraction and recycling firm, has inaugurated a 21,000-square-foot refining plant in Fairfield, Ohio to provide a US source of nickel and cobalt chemicals for lithium-ion batteries. Nth Cycle’s electro-extraction technology will convert metal scrap, electronics waste, undeveloped mining resources and refinery waste into nickel and cobalt through its premium Mixed Hydroxide… Read more »

NOVONIX and LG Energy Solution partner to produce artificial graphite anode materials for EV batteries

NOVONIX, a battery materials firm, and LG Energy Solution, a battery manufacturer, have announced a partnership to produce artificial graphite anode material for lithium-ion batteries. NOVONIX also agreed to issue $30 million in unsecured convertible notes to LG Energy Solution. LG Energy Solution and NOVONIX will engage in a separate purchase agreement when specific development… Read more »

Australia invests in lithium refining to reduce dependence on China

Australia is a lithium mining powerhouse—the country mines about 53 percent of the world’s supply of lithium. However, lithium must undergo several processing steps before it’s ready for use in batteries, and almost all of Australia’s lithium is sold to China, which dominates lithium processing. Moving the processing closer to the mines is important not… Read more »

REE Automotive adds P7-C Chassis Cab to its electric truck lineup

REE Automotive (Nasdaq: REE), a provider of EV platforms, today revealed P7-C, a Class 4 chassis cab offering a new cabin design built on REE’s P7 modular electric platform. The P7-C is designed to meet the requirements for the Inflation Reduction Act incentives, which are more stringent for EVs in Class 4 and above. It’s… Read more »

Ford signs lithium and nickel deals to secure IRA-compliant supply

One way to gauge how serious an automaker is about electrification is to consider whether it’s securing supplies of the raw materials that will be required to build large quantities of EVs (as opposed to just issuing press releases about EVs). The US Inflation Reduction Act, which includes strong incentives to use raw materials sourced… Read more »