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May 10, 2024

General Motors (GM)

Volvo Trucks
CARB, Manufacturers Partner to Support Clean Truck Rules
As a court battle heats up over California’s zero-emission truck regulations, a group of manufacturers have committed to follow the rules even if they’re overturned.
KORE Power
LPO Announces $850M Conditional Loan for Ariz. Battery Cell Plant
DOE conditionally approved an $850 million loan for KORE Power's battery cell plant under construction in Arizona, which will power up to 28,000 EVs annually.
GM
Treasury Releases Revised List of EVs Eligible for IRA Tax Credits
The Treasury Department's revised list of EVs qualifying for federal tax credits provided mixed news for U.S. and foreign automakers and prospective buyers.
PG&E
California Energy Commission Explores Complexity of Vehicle-to-grid Connections
Interest is growing in bidirectional charging from vehicle batteries, but utilities and homeowners have different perspectives on the technology.
Shutterstock
Feds Announce Grant Standards for EV Chargers
The FHWA announced key details of its effort to create a national EV charging network, including minimum standards and a plan for domestic content requirements.
Lithium Americas
GM to Invest $650M in Controversial Nev. Lithium Project
GM plans to invest $650 million in a proposed lithium mine in northern Nevada — funding that depends on the resolution of a lawsuit filed by environmentalists.
© RTO Insider LLC
Tracking the Contradictions of the US EV Market at the DC Auto Show
While EVs are on the floor they are by no means the main attraction, and much uncertainty remains about how fast automakers can build out their supply chains.
Ultium Cells
DOE Announces $2.5B Loan to EV Battery Manufacturer Ultium
The DOE is providing the loan to help finance construction of new lithium-ion battery manufacturing plants in Michigan, Ohio and Tennessee.
Hertz/bp
Hertz and BP Plan Nationwide Charger Network for Rental EVs
Hertz and BP will collaborate on a network of charging stations for EVs rented by Hertz, which expects to electrify a quarter of its fleet by the end of 2024.
Lordstown Motors
Startup EV Makers Inching Toward Profitable Production
Ohio-based Lordstown Motors said it will begin manufacturing its light-duty electric truck model, the Endurance, in the next six to eight weeks.

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