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Inflation Reduction Act South Korea

S. Korean President plans US visit to address Inflation Reduction Act...

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South Korean President Yoon Suk-yeol will make his first official trip to the United States this week, and talks about electric vehicle subsidies will...
Tesla

Analysts upgrade Tesla’s stock to ‘buy’ on the heels of revamped...

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Industry analysts say now is the time to invest in Tesla, as the company is expected to reap the benefits of the Inflation Reduction...
Ford

Ford seeks faster mineral mining permit process from federal government

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Ford Motor Company is asking the federal government to expedite permits for critical mining, according to a filing submitted to the Department of the...
korean automakers

S. Korean automakers share concerns over US Inflation Reduction Act

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South Korean officials will meet with agents from the US Trade Representative's office and the US Treasury to express "concerns" about the Inflation Reduction Act, signed by President Joe...
manufacturing

How the Inflation Reduction Act plans to boost domestic EV production

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Recent reports have predicted how converting combustion engines to electric motors could significantly reduce US-sited OE manufacturers' engineering and manufacturing labor forces.   According to an...
tax credits

Only 20 EVs are still currently eligible for tax credits

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The Biden administration said yesterday that about 20 models of electric vehicles would qualify for tax credits worth up to $7,500 through the end...
Inflation Reduction Act

Senate passes Inflation Reduction Act, expands EV tax credits with conditions

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Controversial news for the electric vehicle industry and automakers as the Senate passed a slimmed-down version of the Inflation Reduction Act. The bill now...