WASHINGTON DC - President Joe Biden has signed a bill into law that will make used electric cars cheaper than ever — but there's a lot that buyers should consider before purchasing a secondhand electric vehicle. The Inflation Reduction Act revises the current tax credit for EV purchases and adds an up-to-$4,000 incentive for used cars. The program goes
TOKYO, Japan - Nikkei Asia reports that Toyota Motor is by far the leading holder of solid-state battery patents, a Nikkei study shows, demonstrating how Japanese companies have dominated the race to develop the next-generation power source for electric vehicles. In fact, Japanese companies dominate top 10 list of solid-state battery patents, but South Korean
SACRAMENTO, Ca. - California will require all new cars, light trucks and SUVs sold in the state to run on electricity or hydrogen by 2035 in the world's most ambitious move away from gasoline-powered vehicles and the pollution they emit. The requirements come in phases starting in 2026, and they will take 13 years to become fully
DETROIT - ConnectDER makes a widget that taps directly into your home’s electrical meterand can be installed in seconds without the need to splurge for electrical service upgrades. Their partnership with Siemens promises an all-in-one charging solution for EVs that installs in less than 15 minutes. ConnectDER is a Virginia-based company that has developed a
CAMBRIDGE, UK - While 2022 continues to add to the challenges electric vehicle (EV) makers face, markets are still growing. Indeed, electric car sales for the first half of 2022 reached ~3.5 million, according to IDTechEx research. To learn more, the new IDTechEx report, “Electric Cars 2023-2043”, provides a deep dive into future automotive markets
DETROIT - The upstart manufacturer of electric vehicles has been in a not so encouraging situation for several months. The firm is indeed going through a very difficult and delicate period for any young vehicle manufacturer: being able to mass-produce vehicles. It is in this phase that many suitors give up and go bankrupt. For
WASHINGTON DC - President Joe Biden signed the CHIPS and Science Act into law Tuesday morning, sending $52.7 billion to processor manufacturers over the next five years in an effort to help the United States reclaim its semiconductor industry prowess. It also will help move to customers Detroit-made vehicles on storage lots missing microprocessors. The legislation has already
BRIGHTON – Electric vehicles are becoming all the rage as consumers seek to break their dependence on expensive gasoline and also create a smaller carbon footprint. But can an electric grid that’s already strained under increased demand from manufacturing, indoor horticultural and overtaxed Internet data centers still be able to charge tens of millions of
TROY - Altair has named the winners of the 10th annual Altair Enlighten Award. Presented in association with the Center for Automotive Research, the Altair Enlighten Award honors the greatest sustainability and lightweighting advancements that successfully reduce carbon footprint, mitigate water and energy consumption, and leverage material reuse and recycling efforts. “The caliber of nominees
DETROIT - GM says it will have its own family of microchips locked in by 2025, a move that is expected to offset future chip-related production delays. In a recent interview with Associated Press, GM CEO Mary Barra said that GM is moving toward three families of microchips that the automaker will buy and control directly. This is
