Electric Vehicle batteries

Dramatic Decline in New EV Models to Qualify for Federal Tax Credit
The Treasury Department released long-awaited rules required by the historic Inflation Reduction Action on March 31 that will determine which electric vehicle models purchased after April 17 will qualify for a federal credit up to $7,500.

Electric Car Batteries Spark Weight Concerns
A federal transportation official is warning that electric vehicle batteries, which can weigh thousands of pounds and make cars much heavier than their gas-powered counterparts.

Waging War on High Gas Prices
America is not at war, but that didn't stop President Joe Biden from calling the largest release of oil from the nation's Strategic Petroleum Reserve that he authorized on March 31 to lower oil prices, a 'wartime bridge.'

American Jobs to Build Electric Vehicles Excludes Miners
Mining jobs needed to produce the metals for processing into battery parts used to build electric vehicles in America will not be developed in the U.S. but in Australia, Brazil and Canada, mainly to avoid battles with environmentalists.

Cost of Electric Vehicles Will Soon Rival Gasoline Counterparts
As soon as a few years from now, electric sedans will cost the same as an equivalent gas vehicle. A team at Carnegie Mellon University is researching how long it will take for other types of electric vehicles to catch up.
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