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NEWS TAGGED IRA
Tuesday 25 June 2024
Made-in-US lithium battery cells show production delay
In-house production of lithium battery cells by some US-based manufacturers is not going as smoothly as expected due to delays in factory construction and manufacturing progress,...
Friday 10 May 2024
Panasonic's battery unit benefits from US subsidy as weak EV demand to impact sales
Panasonic Group reported a record-high net income for the fiscal year ending in March 2024. Its battery business received significant tax credits from the US Inflation Reduction Act...
Tuesday 30 April 2024
Asahi Kasei to build large battery separator plant in Canada with US IRA subsidy support
Japan's Asahi Kasei has unveiled plans to construct an integrated plant in Ontario, Canada.
Thursday 8 February 2024
China's involution pandemic threatens global innovation in solar, batteries, EVs
Relentless efforts by China's new energy companies to control their sectors by undercutting the competition at home and abroad prevent innovation as non-Chinese firms cut R&D...
Thursday 1 February 2024
Trump's make IRA nonexistent again pledge risks South Korean incentives fire sale
A potential Trump victory in the 2024 US election and his promise to abolish the Inflation Reduction Act (IRA) have South Korean energy firms scribbling out contingency measures to...
Monday 4 December 2023
US' China-targeted battery rules likely to slow EV adoption
The US government released guidance on EV batteries and materials sourcing, mainly targeting China. Starting in 2024 and 2025, EVs will not be eligible for tax credits provided by...
Wednesday 13 September 2023
China's lithium battery firms set up shop in the US despite IRA 2022
The tax incentives of the US Inflation Reduction Act of 2022 (IRA) are luring lithium battery supply chains to swiftly set up shop in the country, gradually disrupting the initial...
Thursday 31 August 2023
South Korean battery makers could hardly recoup investments in US despite IRA grants
Driven by significant grants under the US Inflation Reduction Act (IRA), South Korean battery makers LGES, SK On, and Samsung SDI have expanded their production investments in North...
Wednesday 30 August 2023
BYD reportedly to set up EV battery plant in Korea
BYD is reportedly in talks with KG Mobility (KGM), South Korea's fourth-largest car maker, to jointly set up an electric vehicle (EV) battery plant in South Korea that is expected...
Tuesday 15 August 2023
TSMC's fab in Germany may only half address major concerns of European carmakers
TSMC has officially entered the European automotive supply chain with plans to establish a joint venture fab in Dresden, Germany, relieving European automakers' concerns about chip...
Friday 4 August 2023
South Korea struggling to cut reliance on Chinese battery materials supply chain
The number of South Korean battery material makers joining production of anode materials for EV-use power batteries is gradually increasing in recent times, but even Posco Future...
Wednesday 2 August 2023
Unified EV charging specs in US to spur EV penetration, yet unlikely to determine infrastructure market development
Ford and General Motors (GM) have successively adopted the North American Charging Standard (NACS) developed by Tesla, paving the way for the unification of fast charging specs in...
Tuesday 27 June 2023
LGES to develop artificial graphite with Novonix and capture North American markets
LG Energy Solution (LGES) announced that it has entered into an agreement with Australian company Novonix to jointly develop artificial graphite used as battery cathode materials...
Thursday 15 June 2023
IRA helps US win EV investment as automotive supply chain regionalizes
Countries and regions have tried to localize supply chains, given the multiple disruptions the world experienced in past years. The US is seeing much more EV-related investment coming...
Wednesday 24 May 2023
Emerging lithium supplier Argentina says it's close to US deal under IRA
The world's fastest-growing lithium producer says it could soon gain access to the US market.