Search Results Found For: "ev tax credit"

REE begins customer deliveries of electric truck

REE Automotive has begun customer deliveries of its electric chassis cab. REE’s P7-C medium-duty electric commercial truck is a fully steer-by-wire, brake-by-wire and drive-by-wire vehicle. REE has initiated customer deliveries of the first batch of P7-C demonstration trucks for multiple fleet evaluations in North America via its dealer network. US dealer Pritchard EV is the… Read more »

Rivian launches leasing for R1T electric pickup truck in 14 states

Rivian has launched a leasing program for its R1T electric pickup truck for customers in selected US states. Customers in Arizona, California, Colorado, Florida, Georgia, Massachusetts, Michigan, Missouri, New Jersey, New York, Nevada, Pennsylvania, Texas and Washington can now sign up to lease an R1T pickup from the automaker’s existing inventory. The $7,500 federal tax… Read more »

Energy expert: Updated US Hydrogen Strategy is better, but still designed to prop up the fossil fuel industry

Michael Barnard writes on a wide variety of e-mobility and renewable energy topics. In a recent article for CleanTechnica, he discusses the latest edition of the US National Clean Hydrogen Strategy and Roadmap, a policy document that the DOE produces and updates periodically. Barnard’s piece is a detailed and highly technical discussion of a complex… Read more »

KPMG and Circulor partner to provide digital battery passport software package

Multinational professional services firm KPMG and UK-based supply chain traceability firm Circulor have announced an alliance to offer a software package known as a digital battery passport, which enables the tracing, monitoring and control of critical raw materials throughout battery value chains, from extraction to beyond a product’s first life.  The software, designed for compliance… 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 »

Billions of bucks for US battery plants announced in 2022

Electrifying transportation is going to require beaucoup batteries, and for a raft of reasons, those batteries need to be built near the vehicle markets they serve (not shipped halfway around the world, as is often the case today). The Biden Administration’s Inflation Reduction Act includes incentives for automakers to source their batteries here in the… Read more »

European Battery Alliance says European battery industry is in “crisis,” calls for billions in “emergency” investments

The US Inflation Reduction Act was intended to boost investment in US battery manufacturing, and it appears to be working—so well, in fact, that European battery producers are becoming alarmed. The European Battery Alliance (EBA), a group of around 800 industry stakeholders that was founded in 2017, has presented what it calls a “crisis proposal”… Read more »

SK On signs 5-year lithium hydroxide supply deal with SQM

Battery manufacturer SK On has signed a lithium hydroxide supply deal with Chile’s SQM. The terms of the agreement will enable SK On to purchase up to 57,000 tons of lithium hydroxide over the course of five years starting in 2023—enough to produce batteries for approximately 1.2 million EVs. Obtaining lithium from SQM will help… Read more »

LG Chem to build major cathode plant in Tennessee

LG Chem has signed a memorandum of understanding to establish a new cathode manufacturing facility in Clarksville, Tennessee. Manufacturing plants for batteries and other EV components are popping up all over the country these days, and the announcements invariably mention President Biden’s Inflation Reduction Act, which offers incentives for companies to establish supply chains here… 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 »

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