Inflation Reduction Act

CATL allegedly restructures for IRA eligibility

CATL has reportedly restructured the shareholdings of two top executives to avoid a “Foreign Entity of Concern” (FEOC) designation under…

IRA EV tax credits winning over more auto dealers in 2024

According to the United States (US) Treasury Department, more auto dealers are signing up for the point-of-sale electric vehicle tax…

Tesla models eligible for IRA tax credits in 2024

As everyone greets the new year, Tesla updated its website according to the Inflation Reduction Act’s (IRA) requirements for the…

Select Tesla Model 3 variants to lose $7,500 tax credit by 2024

Tesla updated its configuration page recently, informing customers that select Tesla Model 3 variants will not qualify for the Inflation…

Inflation Reduction Act boosts EV investment in the US

Data gathered by EV Job Hub revealed that the Inflation Reduction Act (IRA) has boosted elective vehicle (EV) manufacturing investments in the…

Buying an EV? You won’t have to wait for your tax credit anymore in 2024

The U.S. Government expanded the electric vehicle tax credit program and access to those credits to help dealers expand their…

Hyundai allegedly rushing construction on $7.6B EV factory GA due to IRA incentives

Hyundai is reportedly rushing the construction of its $7.6 billion electric vehicle (EV) and battery production facility due to the…

U.S. offers the big bucks to encourage OEMs to retool factories for EVs

The United States is prepared to hand out $12 billion in grants and loans for OEMs that wish to retool…

Tesla adds state incentive tool to website to calculate total tax breaks

Tesla has added a state electric vehicle incentive tool that will calculate both federal and state incentive amounts for customers…

Tesla battery supplier see surge amidst IRA tax incentives

Tesla stock has been in the midst of a surge recently, specifically after the Model 3 sedan reached price parity…

Tesla revenue from NZ EV rebates hint at potential IRA benefits [Feature]

Tesla doubled its revenue after New Zealand's Clean Car policy introduced rebates to decarbonize its fleet. Tesla New Zealand's revenue…

Stellantis signs battery deal for nickel & cobalt sulphate

Stellantis signed a battery supply deal for nickel and cobalt sulfate with Alliance Nickel Ltd. The mineral supply deal may…

Ford prepares to lose full tax credit on two of its three EVs

Ford is preparing to lose the full tax credit on the Mustang Mach-E and E-Transit electric vehicles, while the full…

IRS updates IRA EV tax credit guidance, new rules apply April 18

The IRS has updated its guidance relating to the Inflation Reduction Act's (IRA) tax credit that applies to electric vehicles,…

Foxconn brings EV battery production to two U.S. states

Foxconn, the iPhone manufacturer that bailed out Lordstown Motors from bankruptcy, announced that it would build electric vehicle batteries in…

Rivian informs customers of IRS guidance on EV tax credits

Rivian emailed customers about the Internal Revenue Service's (IRS) recently released guidance regarding the EV tax credits under the Inflation…

Tesla Model Y’s complete lineup now qualifies for EV tax credits through Inflation Reduction Act

Tesla's complete lineup of Model Y trim levels now qualifies for electric vehicle tax credits through the Inflation Reduction Act,…

Tesla garners new addressable market through price cuts, incentives

Tesla's mass-market Model 3 and Model Y are the company's two most affordable vehicles. With new price cuts the automaker…

U.S. EV incentives face challenge in possible meeting with EU

The Biden Administration may be meeting with European leaders to address concerns regarding EV incentives in the U.S., says a…

Tesla supplier sheds light on graphite supply challenge for EV battery manufacturers [Editorial]

Graphite is an essential part of a lithium-ion battery. There are many challenges that EV battery manufacturers might face in…