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US loosens some EV battery rules, potentially increasing tax credit eligibility
West Virginia Sen. Joe Manchin says new rules governing electric vehicle tax credits are a giveaway to ChinaABC News - Top stories -
What Kind of Battery Would You Need to Power a Lightsaber?
On Star Wars Day, we use some basic physics to measure the power of the Force. It’s strong!Wired - Tech -
A Company Is Building a Giant Compressed-Air Battery in the Australian Outback
Hydrostor, a leader in compressed-air energy storage, aims to break ground on a 200-MW plant in New South Wales by the end of this year. It wants to follow that with a 500-MW facility in California.Wired - Tech -
Biden adds carveout to EV credit restrictions
Welcome to The Hill's Energy & Environment newsletter {beacon} Energy & Environment Energy & Environment The Big Story Biden issues flexible guidance for EV components The Biden administration granted leeway for qualifying for electric vehicle ...The Hill - Politics - Joe Biden -
EV Makers Get Two-Year Reprieve on Tax-Credit Restrictions
The Treasury Department has extended eligibility for cars containing Chinese graphite through 2026.The Wall Street Journal - World -
Biden administration grants flexibility for automakers in EV tax credit rule
The Biden administration on Friday granted automakers some flexibility on qualifying for electric vehicle tax credits. The new final guidance, issued as part of the 2022 Inflation Reduction Act, incorporates a two-year exemption to provisions of ...The Hill - Politics - Joe Biden -
Confusion and trade rules are speed bumps for Biden’s EV goals
If widespread EV adoption is truly a priority, then America’s trade policies, some of which Biden inherited and some of which are his own, need another look.The Hill - Politics - Joe Biden -
Manchin blasts leeway in Biden’s EV tax credit rule: ‘Outrageous and illegal’
Centrist Democrat Sen. Joe Manchin (W.Va.) is blasting the Biden administration’s new interpretation of which vehicles can qualify for electric vehicle tax credits — saying it gives too much leeway for batteries containing Chinese materials. “The ...The Hill - Politics - Joe Biden -
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EV Makers Get Two-Year Reprieve on Tax-Credit Restrictions
The Treasury Department has extended eligibility for cars containing Chinese graphite through 2026.The Wall Street Journal - Business -
As Elon Musk Abandons the $25K Tesla, This EV Costs Just $4,400
Meet the Zhidou Rainbow—it costs less than an ebike and is capable of completing the average US daily commute with charge to spare.Wired - Tech - Elon Musk -
China's automakers must adapt quickly or lose out on the EV boom in the face of regulatory scrutiny abroad and competition at home
Adoption of battery and hybrid-powered cars has surged in China, but an onslaught of new models has fueled a price war, while regulatory scrutiny grows abroad.CNBC - Business - China -
The Job Market Shifted Into Lower Gear
Also, a congressman from Texas was indicted. Here’s the latest at the end of Friday.The New York Times - Top stories