About 40 stations, including roughly a dozen in the Indianapolis area, will be partially funded through Indiana’s $100 million portion of the $1 trillion Bipartisan Infrastructure Law passed last November.
The Indiana Alliance for Equity Diversity Inclusion of Electric Vehicle Infrastructure and Economic Opportunities said the Indiana Department of Transportation’s planning process was flawed, and thus, inequitable.
The move by the California is likely to reshape the U.S. auto market, which gets 10% of its sales from the nation’s most populous state.
A joint venture between General Motors Co. and LG Energy Solution has filed a tax abatement application for a facility in New Carlisle that—based on similar projects elsewhere—could bring more than $2 billion in investment and more than 1,000 jobs to northern Indiana.
More than $4.8 billion has been pumped into the electric-vehicle charging industry this year—a combination of roll-out announcements, debt financing, investment and acquisitions. And this is just the deals that have disclosed financial figures.
A tax credit of up to $7,500 could be used to defray the cost of an electric vehicle under the Inflation Reduction Act now moving toward final approval in Congress. But the auto industry is warning that the vast majority of EV purchases won’t qualify for a tax credit that large.
Ford would not comment on a report that it could lay off as many as 8,000 employees to cut expenses to finance its ambitious EV goals. It called the report by Bloomberg News speculation.
The Postal Service now wants 50% of its initial purchase of 50,000 next-generation vehicles to be electric, up from the previous plan for 20% being electric.
It is part of a nationwide push to add at least 50,000 chargers for electric vehicles. Indiana will receive almost $100 million in federal funding with an explicit push to prioritize disadvantaged communities and rural areas.
The company and Gov. Laura Kelly announced the new project Wednesday, just hours after Kelly and eight top leaders of the Kansas Legislature signed off on a package of incentives worth $829 million over 10 years.
One of Europe’s biggest automakers warned after a landmark deal to phase out combustion engines that the industry is doomed unless electric vehicles get less expensive.
InoBat Auto, a Slovakian company that launched in 2019, said Thursday that it plans to open battery R&D and production sites in Indiana, in partnership with New York City-based Ideanomics Inc.
Electric vehicle startup Electric Last Mile Solutions Inc. planned to use a 650,000-square-foot plant that was formerly used to make Hummers to manufacture “last mile” battery-powered, urban delivery vans.
In a letter to leaders of the Senate and House of Representatives on Monday, the chief executives of Ford, Toyota, GM and Stellantis asked that tax credits be extended to anyone who seeks to buy a qualified vehicle.
Automaker Stellantis has reached a deal to have Controlled Thermal Resources Ltd. supply battery-grade lithium hydroxide for its electric vehicles in North America.
Ford CEO Jim Farley predicted big cost reductions are coming with new battery chemistries that use fewer expensive and scarce precious metals such as nickel and cobalt. Plus, EVs will take less time and labor to build, saving more money, he said.
Podcast host Mason King talks with Ananth Iyer, a professor of management at Purdue’s Krannert School of Management, who is part of a group studying the potential disruption in the auto industry and how Indiana manufacturers can adapt.
Allison Transmission Inc. has invested $335 million over the past four years in product development, strategic acquisitions and new facilities and capabilities, including a new Innovation Center and a separate vehicle testing center at its West 10th Street headquarters campus.
Indiana transportation and energy leaders, driven by millions of dollars in federal, state and private funding, are advancing a spate of new initiatives to bulk up the state’s electric vehicle charging infrastructure.
A Q&A with Reggie Henderson, president of Telamon Energy Systems, discusses the company’s newest endeavor.
