The US Inflation Reduction Act (IRA) is spurring the three major US automakers -- General Motors (GM), Ford and Stellantis -- to accelerate their developments for lithium batteries...
Northvolt AB joined European companies putting policy makers on notice about the allure of US green tech incentives, calling tax credits tucked in President Joe Biden's Inflation...
Tesla still holds more than half of the U.S. electric vehicle market, but due to affordable vehicles entering the market, it remains unknown if they will maintain a market share of...
US-based energy storage system developer Powin Energy, in a bid to obtain subsidies arising from Inflation Reduction Act (IRA), is actively planning to produce LFP (lithium iron phosphate)...
Inflation Reduction Act (IRA) is expected to greatly expand demand for energy storage systems in the US due to offering 30% investment tax credit, according to founder and honorable...
Hyundai Motor Group (HMG) announced its total annual sales throughout 2022 grew slightly by 1.4% on-year to 3.94 million units; global annual revenue reached KRW142.5 trillion (US$120...
The Chinese government is mulling to impose export restrictions on its solar chips and related technologies, which, if enforced, may deal a big blow to the rising Indian solar energy...
Foxconn Technology (Hon Hai) has set electric vehicle (EV) production as the core of its 3.0 transformation scheme, and its Ohio EV plant acquired from Lordstown Motors will be playing...
The US' Inflation Reduction Act (IRA) will play a fundamental role in scaling up the country's EV market. The US Treasury Department said on December 19 that it will delay the issuance...
