Senator Joe Manchin this week introduced a bill seeking to delay federal EV tax credits, claiming the Treasury Department isn't adhering to recently enacted rules. The federal tax credit of up to $7,500 for qualifying vehicles was re-upped under the Inflation Reduction Act (IRA) passed last year, but with added requirements including one that EVs... Manchin seeks to delay EV tax credits so they can follow the law
Senator Joe Manchin this week introduced a bill seeking to delay federal EV tax credits, claiming the Treasury Department isn't adhering to recently enacted rules. The federal tax credit of up to $7,500 for qualifying vehicles was re-upped under the Inflation Reduction Act (IRA) passed last year, but with added requirements including one that EVs... 
In what would be a major strategy shift, Toyota is considering a dedicated EV platform similar to what other automakers have to compete more effectively with Tesla, The Asahi Shimbun reported this week. However, Toyota doesn't plan to deploy this platform until 2027 or 2028, when it believes consumer demand for EVs will be sufficient to warrant... 
In a potentially significant shift for the Detroit automaker, General Motors is considering cylindrical battery cells for future EVs, according to TheElec, a battery-focused South Korean trade publication. GM has favored pouch cells supplied by South Korean supplier LG Energy Solution, but could switch to the 4680-format cylindrical cells used by... 
Tesla has confirmed a $3.6 billion expansion of its Nevada battery "Gigafactory" that the company claims will supply over one million EVs annually. The investment will add 3,000 new jobs and two new factories at the Sparks, Nevada, site, Tesla said in what reads as a press release—with a few more details confirmed as part of Tesla's... 
Uber is working with unnamed automakers to design EVs customized for its ride-hailing and delivery services, according to The Wall Street Journal. Uber CEO Dara Khosrowshahi confirmed the project last week at an event hosted by the paper, but declined to say which automakers the company was working with. Ride-hailing could have seats that allow... 
Ford has filed a patent application for a new type of EV charging connector based on a magnetic coupling. In the application, which was filed with the United States Patent and Trademark Office (USPTO) November 1, 2022, Ford describes using magnetic attraction to secure a charging connector with a charge port embedded in a vehicle's bumper. It... 
Increased use of renewable energy will help reduce electricity generation from coal and natural gas power plants, according to the U.S. Energy Information Administration (EIA) in turn making EVs cleaner. The EIA forecasts that wind and solar will together account for 16% of total electricity generation in 2023, up from 14% in 2022 and 8% in 2018... 
New federal EV tax credit rules have set price caps that are narrowing the field of qualifying EVs; but a leasing loophole is already opening up a much wider field eligible for federal subsidies The Inflation Reduction Act (IRA) re-upped the federal EV tax credit of up to $7,500 for qualifying vehicles. It added price caps of $55,000 for cars and... 
Aptera on Friday detailed the Launch Edition configuration of its 3-wheeled EV, which the company hopes to begin producing by the end of 2023. The company claims now to have over 40,000 reservations for the vehicle, the first 5,000 of which will be Launch Edition models. While Aptera has shown multiple powertrain and range options, Launch Edition... 
Hertz is beginning the rollout of what the company claims is North America's largest EV rental fleet in Denver, and showing how it plans to continue that rollout nationwide. The company on Thursday announced Hertz Electrifies, a public-private partnership model aimed at bringing EVs to rental customers and rideshare drivers in major cities, along... 