The Biden administration on Monday delayed proposing detailed rules for new tax incentives for electric vehicles, following strong pushback from European and...
Category: Electric
US Treasury delays EV battery guidance, more vehicles could qualify for 2023 tax credits
The United States Treasury department announced it will delay its guidance in regard to the sourcing requirements for battery materials...
BYD’s new battery base sees 1st production line go into operation
The industrial park in Xiangyang, Hubei province, is expected to see all 16 production lines come online by May 2023, which will meet the demand for 600,000 vehicles by then.
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NIO ES7 wait time reduced to 2-3 weeks
The NIO ES7 now has an expected delivery date of 2-3 weeks after consumers lock in their orders, down from the previous 4-6 weeks.
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Hyundai–Kia Suppliers Employing Kids … in USA
When I first saw the headline about children working throughout the Hyundai–Kia supply chain, I started wondering what 3rd world country this was referring to. Then I saw the end of the Reuters headline — Alabama! The highly esteemed United States of America! True, we don’t have public health care like most of the developed […]
Designwerk Unveils Megawatt Charging System For Electric Trucks
Switzerland's Designwerk has unveiled a Megawatt Charging System that can charge an electric truck 6 times faster than a 350 kW fast charger.
UPDATE 1-U.S. Treasury will delay EV battery sourcing guidance until March
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 2023 Hyundai Kona Prioritizes EV but Doesn’t Ditch Hybrid or ICE
The new Kona shows that Hyundai has its eye firmly on the electric future.
Check out the ‘EV-derived, futuristic design’ for Hyundai’s new 2024 KONA
Hyundai unveiled the design for its next-generation KONA models Monday. Rather than trying to make it look like another gas-powered...
Nations Reach Historic Agreement On Biodiversity At COP 15 Conference
The COP 15 biodiversity conference has wrapped up its work in Montreal. There were smiles all around, but was any progress made?
