July EV sales looked strong on the surface, but the looming impact of tariffs and the end of EV tax credits reveal a more complicated picture, according to Cars.com’s new Industry Insights report.
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Congressional republicans have passed the republican tax bill that kills a slew of tax credits to help working families become more energy efficient, improve US air quality, and boost US manufacturing – instead channeling that money to wealthy elites, increasing the deficit by $3.3 trillion dollars along the way.
(Update, July 3 – this article has been updated to reflect the House passage of the reconciliation bill)
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The republican budget bill which cuts domestic manufacturing credits and adds trillions of dollars to the national debt in order to channel money to US elites will put 2 million jobs at risk, according to a new report by BlueGreen Alliance.
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More than $14 billion in US renewable and EV investments and 10,000 new jobs have been scrapped or put on hold since January, according to a new analysis from E2 and the Clean Economy Tracker. The reason: growing fears that the Republican-majority Congress will pull the plug on federal clean energy tax credits.
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House republicans passed their tax bill, which promises to inflate costs for Americans and channel money from the middle class to billionaires, all while sending jobs to China.
But that’s not the only bad stuff that’s in the bill – it will also inflate your electricity costs and threaten a recent boom in solar installations that is helping to grow domestic energy production and feed power-hungry data centers for AI.
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The House’s “One, Big, Beautiful Bill” (yes, it’s really called that) has set an accelerated expiration date of December 31, 2025, for the 30% residential solar tax credit – nearly a decade ahead of its originally planned end date.
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US DC fast charging is becoming more reliable, and charging stations are getting bigger and busier, according to a new Q1 2025 report from the EV data analysts at Paren.
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By February 1, 2028, renewables would account for 37.4% of total available installed utility-scale generating capacity – just behind natural gas (40.2%) – with solar and wind making up more than 75% of the installed renewable energy capacity, according to data just released by the Federal Energy Regulatory Commission (FERC).
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Volkswagen of America announced the initial pricing and trim for the 2025 Volkswagen ID.4 – here’s the lowdown on the latest rebate.
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A new study from the REPEAT Project led by Princeton University’s ZERO Lab warns that the repeal of Inflation Reduction Act (IRA) tax credits could decimate the growing EV manufacturing sector.
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Costco’s Auto Program recently introduced some new member-only incentives, and the 2025 Volvo EX90 BEV is now on its list.
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Clean energy investments took a serious hit in January, sinking to their lowest point since the Inflation Reduction Act (IRA) supercharged the industry with tax credits and incentives. Growing uncertainty around the future of these policies – especially with the Republican-majority Congress debating potential rollbacks – has led to a sharp drop in new projects and an increase in cancellations, reports E2.
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FREYR Battery (NYSE: FREY) has scrapped plans to build a $2.6 billion battery energy storage system factory in Coweta County, Georgia – here’s why.
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A coalition of clean energy groups – representing over 2,000 companies and hundreds of billions in private investment – is holding more than 100 meetings today with bipartisan members of Congress to underscore the critical role of IRA clean energy tax credits.
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Stardust Power (Nasdaq: SDST), a US battery-grade lithium product developer, has officially broken ground on its $1.2 billion lithium refinery in Oklahoma, which will be one of the largest in the US.
The facility will eventually be able to produce up to 50,000 metric tons per year of battery-grade lithium.
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EV sales kept up their momentum in December 2024, with incentives playing a big role, according to the latest Cox Automotive’s Kelley Blue Book report.
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Trina Solar has sold its Texas solar panel factory as the US scrutinizes Chinese companies cashing in on Inflation Reduction Act tax breaks.
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The Inflation Reduction Act (IRA) is a “free electric bank account with your name on it.” It’s packed with rebates and tax credits that help Americans purchase everything from EVs to solar and electrical appliances to heat pumps. Check out this easy-to-use IRA savings calculator from Rewiring America that tells you what you get – and when.
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Colorado and ChargePoint have completed the EV Fast-Charging Corridors program, adding DC fast chargers across six highway corridors.
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If you’re thinking about buying or leasing an EV this month to secure the $7,500 federal tax credit, head to PlugStar.com, because it has everything you need.
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New EV sales were strong in November, with early estimates pointing to the second-best month ever in the US, just behind August 2024, according to Kelley Blue Book. Like the new vehicle market at large, generous incentives are driving the momentum.
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Nextracker just set a milestone in US clean energy manufacturing: It has delivered the first-ever solar trackers expected to meet 100% domestic content requirements under the Inflation Reduction Act (IRA).
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California has proposed offering $7,500 state EV tax rebates to residents if Trump kills the federal EV tax credit, Governor Gavin Newsom (D-CA) announced today.
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Maryland-based nonprofit Climate United announced its intention to spend $250 million to buy up to 500 electric semi trucks over three years in what the group is calling “the biggest single order of zero emission Class 8 trucks in the country.”
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