53.4 GWh, 17.3% share), LG Energy Solution (up 16.3% to 31.4 GWh, 10.2% share), SK On (up 24.1% to 13.4 GWh, 4.3% share), CALB (up 21.4% to 11.9 GWh, 3.9% share). The United States is accelerating global supply chain restructuring not only through policy changes such as the Inflation Reduction Act (IRA) and AMPC for battery subsidies, but also by strengthening regulations on Chinese-made batteries and raw materials. In response to these policy sh...

News  Updated at: 2025/06/05

egree camera system, wireless smartphone charging with Qi support, voice-assisted electric sunroof, rear air conditioning vents, and ambient lighting. Its safety-related features include six airbags and a digital instrument cluster. The vehicle also supports connected car functions through Tata’s iRA system, which includes built-in navigation, a blind spot monitor, and an SOS calling feature. Based on the Tata Motors press release and TaTa Moto...

News  Updated at: 2025/05/13

KRW 14.5 billion (JPY 1.45 billion) in a US-based lithium ferro-phosphate (LFP) cathode material manufacturer, Mitra Future Technologies Inc. (Mitra Chem). Mitra Chem was established in 2021 to set up an LFP supply chain in the U.S. and produce products that comply with the Inflation Reduction Act (IRA). Through this investment, L&F plans to reinforce its strategic partnership with Mitra Chem and begin commercial production of LFP cathode materia...

News  Updated at: 2025/03/25

ans to generate USD 1 billion in revenue from software and services in 2025, with half coming from its own fleet. Rivian is preparing for the potential impacts of tariffs and policy changes with a number of alternative plans, depending on specifics of the tariffs, but plans for the disappearance of IRA incentives at some point. Production and delivery guidance: Q1 2025 deliveries are projected at 8,000 units, with production planned at 14,000 u...

News  Updated at: 2025/03/19

them: 1) the slowdown of BEV production in Europe and the influx of Chinese-built BEVs, which may result in reduced Korean battery penetration; and 2) potential changes in the U.S. automotive industry under the Trump 2.0 administration, which could lead to revisions of the Inflation Reduction Act (IRA). Nevertheless, we foresee that BEV demand in Europe will continue to rise due to the strengthening of CO2 emission targets and an influx of more ...

News  Updated at: 2025/03/14

n the first phase, 500 superfast chargers will be deployed over two years across key cities and major highways. While these chargers will be accessible to all EV users, TATA.ev customers will receive priority access and special tariffs. The partner-operated mega chargers will be integrated into the IRA.ev app, allowing users to locate stations and make payments without needing multiple charging apps. Based on Tata Motor's press release...

News  Updated at: 2025/02/13

p a joint venture, but Nissan had delayed plans to begin BEV production in the U.S. out of its plant in Canton, Mississippi, since the segment has cooled. Nissan’s BEVs are currently powered by batteries made by AESC Group, making them ineligible for U.S. subsidies under Inflation Reduction Act (IRA). (multiple sources on January 24, 2025)...

News  Updated at: 2025/01/28

int ventures. The master supply agreement, that includes a minimum off-take commitment, has a USD multi-billion value for Vianode and marks an important step forward in strengthening the North American battery and EV supply chain. The high-performance anode graphite will be shipped from Vianode’s IRA compliant large-scale plant in North America with production starting in 2027.  Vianode produces synthetic anode graphite with a 90% lower CO2 fo...

News  Updated at: 2025/01/16

butor to its poor business performance. The total amount of debts is about JPY 14,761 million. The company actively made investments in anticipation of expansion of the EV market. However, the company operations have been affected by a slowdown in the EV market and the U.S. Inflation Reduction Act (IRA), which gives preferential treatment to production in the U.S. With Sumitomo Mitsui Banking Corporation setting a commitment line of JPY 2 billion...

News  Updated at: 2024/11/29

Trump's transition team seeks to end Biden EV tax credits U.S. President-elect Donald Trump's transition team is planning to kill the USD 7,500 consumer tax credit for EV purchases as part of broader tax-reform legislation, according to two sources with direct knowledge of the matter. Repealing the subsidy, which has been a signature measure of President Joe Biden's Inflation Reduction Act (IRA), is being discussed in meetings by an energy-policy...

News  Updated at: 2024/11/15

gy Solution’s stand-alone plant in Arizona, and delivered to Rivian’s facility in Normal, Illinois, for use in the R2 model for the North American market. The supply agreement with Rivian is expected to further strengthen LG Energy Solution’s presence in the U.S. market, as it responds to the IRA initiative while expanding into new markets. Given the strong interest from automakers in its 46-series cylindrical batteries, LG Energy Solution ...

News  Updated at: 2024/11/09

20% decrease in the market share of battery electric vehicles (BEVs) in the US by 2030 compared to our base forecast. This will depend on the extent to which the administration cuts investments in infrastructure and eliminates the leasing tax credit under section 45W of the Inflation Reduction Act (IRA). However, the Trump administration could potentially incentivize US assembly of Chinese EVs or battery production. Regulations “The pro-interna...

News  Updated at: 2024/11/07

Nissan works to launch two Rogue PHEV models in U.S. by 2025 and 2027 On October 16 at an event at its U.S. headquarters, Nissan Americas Chief Planning Officer Ponz Pandikuthira said that a plug-in hybrid variant of its Rogue crossover will arrive at dealerships in late 2025. It will be followed by an e-Power series-hybrid version in early 2027 alongside a redesign of the ICE-powered Rogue. While Nissan builds the ICE-powered Rogue in Smyrna, Te...

News  Updated at: 2024/10/18

m four to six years. The two companies also agreed that batteries for the current Ford Mustang Mach-E will be produced at LG Energy Solution’s Michigan facility in 2025, instead of Poland as was previously the case, to enhance business efficiency and capitalize on market conditions, including the IRA tax credits modified for 2024. The move will make those Mach-E models, assembled in Hermosillo, Mexico, now eligible for the federal clean energy ...

News  Updated at: 2024/10/16

easury and the Internal Revenue Service (IRS) both announced that federal electric vehicle point-of-sale tax credits have surpassed USD 2 billion of savings for more than 300,000 EV buyers since the new program launched on January 1, 2024. They noted that as a result of the Inflation Reduction Act (IRA), the U.S. in 2023 saw around 1.5 million passenger clean vehicle (battery electric, fuel cell, plug-in hybrids) sales – the highest annual tota...

News  Updated at: 2024/10/11

and private sectors, the interest and capital support for clean-tech projects remain limited. The decision will allow him to meet the opportunities in regions like the U.S., India, and Southeast Asia.  In the U.S., initiatives like the Bipartisan Infrastructure Law and the Inflation Reduction Act (IRA) create favorable conditions for hydrogen development. TECO 2030 aims to capitalize on these opportunities through its American subsidiary, TECO20...

News  Updated at: 2024/09/27

20,000 tons of nickel. EcoPro acquired a stake of 9% in this company through an investment of KRW 15 billion (JPY 1.65 billion) in March 2024. EcoPro expects EcoPro Materials to improve its competitiveness in the precursor market by covering the smelting business as the US Inflation Reduction Act (IRA) drives demand for non-Chinese precursors. (From a press release on September 9, 2024)...

News  Updated at: 2024/09/12

o companies agreed on the second-phase development contract that commits another 25 years or less of graphite supply of three tons per year. This is expected to allow Posco Future M Co., Ltd., another Posco Group company, to produce anode materials that comply with the U.S. Inflation Reduction Act (IRA) and the European Union's Critical Raw Materials Act (CRMA). (From a press release on September 3, 2024)...

News  Updated at: 2024/09/10

ina, and Czech and supplies them globally. The company will also consider producing electrolytes as well as lithium materials in the U.S. In this way, Central Glass will prepare for growing demand for EVs and reduce risks by diversifying the production bases. Under the U.S. Inflation Reduction Act (IRA), which defines EVs eligible for subsidies, companies are required to produce EVs and EV batteries and parts from locally procured materials. By p...

News  Updated at: 2024/07/12

ncentration from Kathleen Valley is anticipated by July 2024. Moreover, LG Energy Solution's existing 5-year offtake agreement will be extended by an additional 10 years (15 years total).  The 2 companies also inked a downstream collaboration agreement to explore the feasibility of establishing an IRA-compliant lithium refinery, aimed at processing spodumene from Kathleen Valley into battery-grade lithium chemicals. (From Liontown Resources's AS...

News  Updated at: 2024/07/02