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
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
WASHINGTON DC - A proposed rule released by the Biden administration Thursday would require states and cities to set carbon emission reduction targets for transportation. The draft rule would require state transportation departments and metropolitan planning organizations (MPOs) with National Highway System mileage within their boundaries to both measure their transportation-related emissions and develop reduction targets. This
WASHINGTON DC - The Biden administration is drafting an executive order invoking the Defense Production Act to alleviate shortages of key minerals needed for the technology to store clean energy, according to The Intercept. Using the DPA in this way would bolster the manufacturing capacity of electric vehicle producers. It also indicates the administration is open
WASHINGTON DC - The Environmental Protection Agency on Monday announced its final rule for greenhouse gasses for light-duty vehicles, the most stringent to date. The standards, which will apply to model years 2023-2026, are projected to avert more than 3 billion tons of carbon dioxide emissions, equivalent to the majority of nationwide emissions in 2019, between
DETROIT - One of the most concerning things we've heard so far is the revelation that Biden's Trillion Dollar Infrastructure bill includes a measure mandating vehicle backdoor kill-switches in every car by 2026. The clause is intended to increase vehicle safety by "passively monitoring the performance of a driver of a motor vehicle to accurately identify
DETROIT - President Joe Biden wants half the vehicles sold in the US to be electric vehicles or plug-in hybrids by 2030. But to reach that goal, not only do Americans need to start buying more electric vehicles, they need more charging stations to plug them into. EVs and plug-in hybrids accounted for just 2
WASHINGTON DC - Brian Deese, director of the White House's National Economic Council, expressed optimism about the Build Back Better Act's prospects days after President Biden's social spending package passed in the House. Speaking with "Fox News Sunday" guest host Bret Baier, Deese defended the bill against criticisms that it could worsen already elevated inflation. "There's
WASHINGTON DC - President Joe Biden on Tuesday nominated Jessica Rosenworcel, the acting chairwoman of the Federal Communications Commission, to be the head of the agency. If she's confirmed by the Senate, she'll be the first woman to fill that role. Biden also nominated Gigi Sohn, a net neutrality advocate and a former FCC official,
DETROIT - Electric vehicles were in the spotlight last week when former Michigan Gov. Jennifer Granholm, now US Energy Secretary, visited Southeast Michigan to support passage of the $1.2 Trillion Infrastructure and Jobs Act that passed the U.S. Senate today on a 69-30 vote. As part of the bill, President Biden wants to make electric
