DETROIT - General Motors will record a negative impact of $1.6 billion in its next quarter after tax incentives for electric vehicles were slashed by the U.S. and rules governing emissions are relaxed. The EV tax credit ended last month. The clean vehicle tax credit was worth $7,500 for new EVs and up to $4,000 for used ones. Meanwhile,
LANSING - The Michigan Public Service Commission announced the recipients of almost $5 million in grants for renewable energy and electrification projects, with the 14 awardees ranging from units of local, state and Tribal governments to businesses and nonprofit organizations. Through Public Act 121 of 2024, the Fiscal Year 2025 budget act, the Legislature directed
HOLLAND - GR Venture Capital, VonMyhr Ventures and Kessler Ventures announced the acquisition of the assets of Holland-based Volta Power Systems, a pioneer in advanced lithium-ion energy solutions. The business will launch under the new name Voltagen LLC. Terms were not disclosed. Founded in 2013, Volta Power Systems earned recognition for delivering compact, reliable, and
ANN ARBOR— Mark your calendars for the upcoming A2ZERO Household Electronics Collection events taking place Saturdays, Oct. 11and Nov. 15, 10 a.m.–1 p.m. These events are hosted by the City of Ann Arbor Office of Sustainability and Innovations (OSI) in collaboration with Comprenew, an e-stewards certified Michigan-based nonprofit that recycles and refurbishes electronics sustainably and
CHICAGO - EV drivers across Illinois can now access flat-rate fast charging for $15 per session, thanks to Universal EV Chargers’ new no-hidden-fee pricing. That means drivers can plug in, power up, and get back on the road without worrying about time-based pricing or surprise surcharges. Most EVs will reach 80% charge in about 30
INDIA - Experts from India are nearly making electricity from thin air. The result could be a sustainable clean energy source for small electronic devices, according to The Times of India. The scientists from the Indian Institute of Technology Indore are using a special membrane made of graphene oxide and zinc-imidazole. The materials were pulled from the
AUBURN HILLS - Stellantis - the automaking conglomerate that owns brands such as Dodge, Fiat, and Chrysler - is continuing to take steps backward when it comes to its new vehicles and modern technology. This time, one of the company's top executives has walked back what was a very aggressive target from the company. Along
GERMANY - Aglobal energy company has recently confirmed that Germany holds one of the world’s largest lithium resource bases, reportedly amounting to 43 million tons of lithium carbonate equivalent (LCE). The resource base, according Neptune Energy, is located in the Altmark Region in Northern Saxony Anhalt, Germany, an area which is already known for its
DETROIT — DTE Energy is working to provide more reliable electricity to customers by installing smart devices that have already prevented more than 16,000 customer outages since the beginning of the year. The utility company aims to fully automate the grid by 2029, with crews actively installing the technology across southeastern Michigan, including on Roselawn
DETROIT - Despite back-to-back record sales months, GM said on Thursday that it’s now planning to build fewer electric vehicles, including the new Chevy Bolt EV that’s not even out yet. GM’s sudden shift comes as it prepares for what it calls “irrational” EV discounts to expire at the end of September. GM cuts EV production
