Inflation Reduction Act

U.S. EV incentives could be vastly expanded via new Senate Bill

A bill has been introduced in the Senate called the "Affordable Electric Vehicles for America Act" that would dramatically alter…

Biden Admin. inundated with Inflation Reduction Act exemption requests

Japan, South Korea, France, Germany, and the EU have all requested exemptions from the Biden Administration's "location of assembly" requirement…

Europe threatens retaliation over Inflation Reduction Act

French President Emmanuel Macron and German Chancellor Olaf Scholz want Europe to negotiate with the United States regarding the Inflation…

Inflation Reduction Act used EV funding mostly applies to PHEVs

The vast majority of vehicles that qualify for Inflation Reduction Act incentives are PHEVs instead of fully electric vehicles. One…

Tesla expects to fully meet Inflation Reduction Act requirements

Tesla confirmed efforts to meet requirements for the Inflation Reduction Act (IRA). During the recent earnings call a TSLA shareholder asked…

Hyundai ‘Metaplant’ facility highlights global discomfort with U.S. policy

Hyundai has announced they will be breaking ground on their new Savanah, Georgia facility this month. Following the introduction of…

EU to discuss ‘discriminatory’ Inflation Reduction Act with U.S. officials this week

European Union (EU) officials are set to discuss the "discriminatory" Inflation Reduction Act with the U.S. this week, hoping to…

South Korean President believes Inflation Reduction Act is contradictory

South Korean President, Yoon Suk-yeol, has talked with U.S. President Joe Biden regarding the Inflation Reduction Act and its impact…

Tesla set to build batteries at Giga Berlin faster than previously thought, despite recent reports

Tesla is still planning to build electric vehicle battery cells in Germany at Giga Berlin, and faster than previously projected.…

U.S. EV adoption is happening faster than anticipated

EV adoption in the U.S. happening much faster than anticipated, according to an observation of research by Recurrent Auto which…

DOE publishes list of EVs eligible for new tax credit

The  U.S. Department of Energy's Alternative Fuels Data (DOE) published a list of electric vehicles that are immediately available for…

Rivian CEO RJ Scaringe teases next ‘R2’ line as Biden signs Inflation Reduction Act

Rivian CEO RJ Scaringe mentioned the company’s upcoming R2 products as President Joe Biden prepared to sign the Inflation Reduction…

Senate Passed Inflation Reduction Act; what it means for EVs

Today, the U.S. Senate passed the Inflation Reduction Act, and included in that bill are changes to the $7,500 electric…