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Defense Production Act to boost EV, storage battery minerals

Biden invokes Defense Production Act to boost EV, storage battery minerals The Defense Production Act for critical minerals As the FEMA website explains: The Defense Production Act [of 1950] is the primary source of presidential authorities to expedite and expand the supply of materials and services from the US industrial base needed to promote the … Continue reading Defense Production Act to boost EV, storage battery minerals

What Will the Impact of Electric Commercial Vehicles Be on the Utility Industry?

What Will the Impact of Electric Commercial Vehicles Be on the Utility Industry? As demand among consumers for EVs builds, fleet electrification is happening now and more initiatives are being announced all the time. Driven by policy, business factors and environmental concerns, the impact of electrification of commercial vehicles on the grid will need to … Continue reading What Will the Impact of Electric Commercial Vehicles Be on the Utility Industry?

Michigan officials sign off on special electric rates to retain, attract EV industry

Michigan officials sign off on special electric rates to retain, attract EV industry State officials recently approved special discounted rates for industrial customers of Michigan’s two largest electric utilities, an effort to keep manufacturing here and encourage more economic development. The Michigan Public Service Commission last week approved requests from both DTE Energy and Consumers … Continue reading Michigan officials sign off on special electric rates to retain, attract EV industry

#Mexico threatens legal action on US electric vehicle subsidy

Mexico threatens legal action on US electric vehicle subsidy MEXICO CITY — The Mexican government threatened legal action Thursday over provisions of U.S. President Joe Biden’s Build Back Better Act that would give subsidies of up to $12,500 for purchases of union-made, American-made electric vehicles. Tatiana Clouthier, Mexico’s secretary of the economy, said the bill … Continue reading #Mexico threatens legal action on US electric vehicle subsidy

#Panasonic Unveils a Battery Prototype For Tesla With 5 Times More Energy Storage

Panasonic Unveils a Battery Prototype For Tesla With 5 Times More Energy Storage Tesla is consistently driving innovation in the electric vehicle (EV) market and has pledged to make significant changes and advances in future batteries. Now, with the support of the Japanese tech giant, the new battery will have five times more storage and … Continue reading #Panasonic Unveils a Battery Prototype For Tesla With 5 Times More Energy Storage

Sleepy Electric Utilities Suddenly Face Major Disruption: How To Play It

Sleepy Electric Utilities Suddenly Face Major Disruption: How To Play It Commercial disruption is happening at an increasing pace. Some industries have learned to live with constant disruption. These include the tech industry, pharma, biotech, and communications. Others formerly unaffected now are increasingly facing it. The financials sector is being disrupted by Fintech. The formerly … Continue reading Sleepy Electric Utilities Suddenly Face Major Disruption: How To Play It

Tesla is closing its first Supercharger station over security concerns

Tesla is closing its first Supercharger station over security concerns Tesla is closing its Supercharger station at its design studio in Los Angeles, its very first Supercharger, reportedly over security concerns. Almost a decade ago, Tesla opened the first Supercharger station, and it happened to be at its own design studio near the Hawthorne airport … Continue reading Tesla is closing its first Supercharger station over security concerns