Buttigieg Praises West’s Green Energy Potential
Motorists taking advantage of electric vehicle tax breaks contained in a $739 billion Senate bill introduced this week will be well-served by existing and planned infrastructure in the West, Transportation Secretary Pete Buttigieg said in Coeur d’Alene, Idaho, on July 29.
DOE Lends $2.5 Billion to GM Venture for EV Batteries
WASHINGTON — A joint venture between General Motors and South Korean battery company LG Energy Solution is set to receive a $2.5 billion loan from the Energy Department to build battery cell factories for electric vehicles in three states.
Hyundai Gets $1.8 Billion in Aid to Build EVs in Georgia
SAVANNAH, Ga. — The state of Georgia and local governments are giving $1.8 billion in tax breaks and other incentives to Hyundai Motor Group in exchange for the automaker building its first U.S. plant dedicated to electric vehicles near Savannah, according to the signed agreement disclosed July 22.
Ford Secures Batteries to Build 600,000 EVs a Year by 2023
Ford Motor Co. has secured enough battery supply to build more than half a million electric vehicles annually by late next year, a quantum leap above the 27,140 battery-powered cars it sold in the U.S. last year.
Ford Plans to Cut up to 8,000 Jobs to Help Fund EV Investment
Ford Motor Co. is preparing to cut as many as 8,000 jobs in the coming weeks as the automaker tries to boost profits to fund its push into the electric vehicle market, according to people familiar with the plan.
USPS to Boost Purchases of Electric Vehicles
The U.S. Postal Service plans to substantially increase the number of electric-powered vehicles it’s buying to replace its fleet of aging delivery trucks, officials said July 20.
July 20, 2022Deal for $5.5B Hyundai EV Plant in Georgia Nears Final Approval
SAVANNAH, Ga. — The local economic development agency that worked with Georgia officials in recruiting Hyundai Motor Group to build a $5.5 billion electric car plant near Savannah approved its portions of the deal July 19, though details of tax breaks and other incentives have yet to be disclosed.
With Blazer EV, GM Now Has a Rival to Tesla’s Model Y
General Motors Co. will start selling a battery-powered Chevrolet Blazer next year, giving it a direct competitor to Tesla Inc.’s Model Y, the nation’s best-selling electric SUV.
Georgia, JLL Partner on EV Charging Infrastructure Bid
The Georgia Department of Transportation will partner with real estate giant JLL on a plan to expand electric vehicle charging stations across the state and obtain federal funding to help do it.
States Prepare EV Charging Plans Ahead of Aug. 1 Deadline
With an Aug. 1 deadline looming, states are finalizing their electric vehicle infrastructure deployment plans.