Latest News

Latest News

Thursday, June 22, 2023

A deep-pocketed US government program designed to finance futuristic energy businesses is issuing a conditional $9.2 billion loan to Ford Motor Co. for the construction of three battery factories. The enormous loan — by far the biggest government backing for a US automaker since the bailouts in the 2009 financial crisis — marks a watershed moment for President Joe Biden’s aggressive industrial policy meant to help American manufacturers catch up to China in green technologies.

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Tuesday, June 20, 2023

DETROIT (AP) — Electric vehicle maker Rivian says it will follow General Motors and Ford and join Tesla’s charging network next year.

The startup truck, SUV and delivery van maker says Tuesday that like GM and Ford, it also will adopt Tesla’s charging connector, another step toward making it the industry standard.

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Tuesday, June 20, 2023

MILAN, June 20 (Reuters) - Carmaker Stellantis (STLAM.MI) and iPhone assembler Foxconn (2317.TW) have created a 50-50 joint venture to design and sell semiconductors for the automotive industry from 2026.

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Monday, June 12, 2023

The U.S. Department of Energy (DOE) today announced more than $192 million in new funding for recycling batteries from consumer products, launching an advanced battery research and development (R&D) consortium, and the continuation of the Lithium-Ion Battery Recycling Prize, which began in 2019. With the demand for electric vehicles (EVs) and stationary energy storage projected to increase the lithium battery market by as much as ten-fold by 2030, it is essential to invest in sustainable, reduced-cost recycling of consumer batteries in support of a secure, resilient, and circular...Read More

Thursday, June 8, 2023

WASHTENAW COUNTY, MI -- Toyota is expanding its operations in Washtenaw County with the creation of a new nearly $50 million battery testing lab.

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Thursday, June 8, 2023

The Bipartisan Infrastructure Law (BIL), enacted as the Infrastructure Investment and Jobs Act (IIJA), Public Law 117-58 (Nov. 15, 2021) makes the most transformative investment in EV charging in United States (U.S.) history that will put us on a path to a nationwide network of 500,000 EV chargers by 2030 that ensures a convenient, affordable, reliable, and equitable charging experience for all users.

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Friday, June 2, 2023

GREENWIRE | The Department of Energy is proposing to deem more than a dozen materials including copper as “critical” for clean energy technologies — from solar and wind to electric vehicles — in a move that could determine which projects are eligible for tax credits under the Inflation Reduction Act.

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Wednesday, May 31, 2023

Colorado is on a mission to get almost 1 million electric cars on its roads by 2030. Today, there are about 80,000 EVs in the state, so there’s a long way to go and a short time to get there. Sales are rising, however. This year, more than 10% of new vehicles sold in Colorado are EVs. The state already has a $2,000 tax credit for residents who purchase an electric car, but as of July 1, that will increase to $5,000.

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Wednesday, May 31, 2023

FRANKFORT, Ky. (AP) — Toyota will invest another $2.1 billion in an electric and hybrid vehicle battery factory that’s under construction near Greensboro, North Carolina.

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Wednesday, May 31, 2023

North America became the fastest-growing regional market for planned new battery cell manufacturing factories by the end of 2022, according to a new report released today.

Clean Energy Associates’ (CEA) “Energy Storage System Supplier Market Intelligence Report” asserts that the incentives offered by the Biden administration’s Inflation Reduction Act (IRA) are the catalyst for the surge of the number of North American battery factories.

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