North American Battery and EV Supply Chain Investment Grew to More than $250 Billion by the End of 2023
Cumulative battery and EV supply chain investment in North America grew to more than $250 billion by the end of 2023. Investment in battery and EV…
Electric cars cost less than similar gas cars over 5 years
In every state except Maine and West Virginia, the total cost of ownership for an EV over 5 years is less than a comparable gasoline vehicle. EV…
Biden awards $1.7 billion to boost electric vehicle manufacturing and assembly in eight states
WASHINGTON (AP) — The Biden administration is awarding nearly $2 billion in grants to General Motors, Fiat Chrysler and other carmakers to help…
Ford unveils new Capri EV with nearly 400 miles range and sports car performance
The newest all-electric Ford is finally here. Ford introduced its Capri EV on Wednesday, a revival of a legend. The new all-electric Ford…
Toyota joins group of automakers to help build EV charging network
July 10 (Reuters) - Toyota (7203.T), opens new tab has joined a group of major automakers to back electric vehicle charging firm, IONNA, which is…
Carvana will apply a clean vehicle tax credit at checkout for used EVs
Carvana is now offering discounts of up to $4,000 at checkout for eligible used EVs and plug-in hybrids. The discount is essentially an advancement…
Biden-Harris Administration Announces $14 Million to Increase Domestic Battery Recycling
As part of President Biden’s Investing in America agenda, the U.S. Department of Energy (DOE) today announced $14 million to increase consumer…
In 2023 the United States Had Battery Recycling Facilities Capable of Reclaiming More Than 35,000 Tons of Battery Materials
Battery recycling will play a critical role in meeting the battery material needs for future EV production. As of 2023, the United States had enough…
NASCAR unveils electric race car prototype in Chicago
NASCAR unveiled its prototype electric race car over the weekend, marking a significant step in the company’s efforts to reduce emissions and…
Nissan, Honda consider partnering on software, charging infrastructure, Nikkei says
TOKYO, July 4 (Reuters) - Japanese automakers Nissan Motor (7201.T), opens new tab and Honda Motor (7267.T), opens new tab are…