InoBat Auto, a European supplier of EV batteries, has secured the “necessary regional incentives” to establish its first North American facility in Indiana. The planned 100,000-square-foot battery module and pack assembly and R&D facility in Indianapolis will be built under a joint venture with Ideanomics. Construction of the facility is expected to begin in Q1… Read more »
Search Results Found For: "ev tax credit"
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 »
Electrovaya to build battery gigafactory in New York
Ontario-based battery manufacturer Electrovaya has selected New York state as the location for its first US gigafactory, where it plans to produce cells and batteries. Electrovaya will set up operations at a 137,000-square-foot former electronics plant on a 52-acre campus near Jamestown. The facility is to open in phases starting in late 2023. Production capacity… 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 »
Bidirectional Act to promote electric school bus V2G applications introduced in Senate
Bidirectional electric school buses are such a good idea, they almost sound too good to be true. School buses represent a perfect use case for V2G technology, revenue from providing grid services can help defray the costs for school districts, and protecting schoolchildren from diesel fumes is a worthy goal that should be popular on… 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 »
What are the details of California’s 2035 ban on sales of new gas-burners?
The California Air Resources Board has issued a rule that will require all new cars sold in the state to be zero-emission by 2035. Governor Gavin Newsom ordered the ban on new gas car sales in 2020, and directed state agencies to draw up a plan. Now, after diligent bureaucratic toil and reams of public… Read more »
Former EPA exec Margo Oge explains the new federal emissions rules
The Biden administration has announced three major pro-EV initiatives in recent months—a revamping of the federal tax credits, an infrastructure funding package, and new EPA emissions standards. However, government programs are always complex, and they tend to undergo major revisions between the proposal and policy stages. To help us sort out how the new policies… Read more »
2022 Hyundai Ioniq 5: Strong new electric SUV competitor
Hyundai’s new compact EV crossover is good enough to sell every unit the company imports—the question may be how high that number will be. The 2022 Hyundai Ioniq 5 is the Korean brand’s first dedicated electric vehicle, positioned at the heart of the fastest-growing part of the market: compact crossover utilities. The premium electric SUV… Read more »