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US lithium-ion EV battery market faces correction due to slowed demand, layoffs, and falling lithium prices, but recovery looms.
Reports of a slowdown in EV adoption are untrue. Cox Automotive says the U.S. market will surpass the one million new EVs sold mark in 2023.
The Biden Administration released $100 million to repair or replace broken EV chargers around the US.
Even with the stricter EV tax credits from the current administration, we can still expect to see growth in the EV sector this year.
The Combined Charging System market is predicted to grow to over $15.1 billion by 2031 thanks to new regulations and a need for broader charging accessibility.
EPA proposes ambitious new vehicle emissions standards to reduce pollution and accelerate transition to electric vehicles in the US.
The first round of applications for more than $2.5 billion in funds for new EV charging stations is officially open.
Yesterday, the Biden-Harris Administration announced plans to allocate more than $2.8 billion to American EV manufacturing.
President Biden signed the Inflation Reduction Act into law yesterday, and effectively slashed the number of EVs eligible for a tax credit.
CEOs from American carmakers are urging Congress and the Biden Administration to lift the EV tax credit cap.
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