Daily Archive: December 19, 2022

With a revamped $7,500 electric vehicle tax credit taking effect Jan. 1, the U.S. Treasury Department said on Monday it will delay until March its release of proposed guidance on the required sourcing of electric vehicle batteries. The announcement means some electric vehicles that will not meet the new requirements may have a brief window of eligibility in 2023 before the battery rules take effect. The $430 billion Inflation Reduction Act (IRA) imposes complex restrictions on tax credits based on sourcing of battery components and critical minerals.

The new Kona shows that Hyundai has its eye firmly on the electric future.

Hyundai unveiled the design for its next-generation KONA models Monday. Rather than trying to make it look like another gas-powered...

The COP 15 biodiversity conference has wrapped up its work in Montreal. There were smiles all around, but was any progress made?

Kenya Power Lighting Company PLC (Kenya Power) owns and operates most of the electricity transmission and distribution system in Kenya. Kenya Power sells electricity to over 8.9 million customers. During the year ended 30th June 2022, Kenya Power recorded a 6.6% growth in sales to 9,813 gigawatt-hours, mainly supported by an expanding customer base, improved […]

The Tesla CEO has been getting loads of negative press, and the EV maker's stock may be suffering as a result.

Luxury brands from Mercedes to Porsche have options that are superior to the EV trailblazer.

Mazda is already behind as the auto industry transitions to electric vehicles. However, a new patent reveals an electric Mazda...