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Funds from infrastructure law meant to meet 500K-charger goal by 2030.
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Anderson Economic Group estimates $5 billion in economic losses in a hypothetical 10-day strike against the Detroit three.
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Sources cite EPA concerns over finalizing the intricacies of the EV portion of ruling by the June 14 deadline.
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Analysis finds Tesla would be both winner and loser.
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As of January 1, consumers can lease electric vehicles and qualify for up to $7,500 in commercial clean vehicle tax credits.
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The U.S. Energy Department finalized a $2.5 billion loan to a joint venture of General Motors Co. and LG Energy Solution for three lithium-ion battery cell manufacturing facilities.
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Hyundai may not maintain its EV sales momentum if it can no longer qualify for U.S. tax credits under the Biden Administration’s Inflation Reduction Act.
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U.S. enters an agreement that 30% of new medium and heavy-duty vehicles will be zero-emission by 2030 and 100% by 2040.
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South Korea wants a three-year grace period on the U.S. Inflation Act to enable Korean automakers to keep receiving U.S. electric vehicle (EV) incentives.
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Federal agencies would have purchased more EVs had it not been for supply chain hurdles, the White House reported.
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