Northvolt, a Swedish battery maker, just scored a massive $5 billion green loan to expand their gigafactory and Revolt Ett recycling plant in northern Sweden. This is actually the largest green loan in Europe! They’re planning to use the funds to boost cathode production and cell manufacturing and ramp up their recycling efforts. The company...
What is an EV? An electric vehicle is a vehicle that uses one or more electric motors to power its wheels. It does not use an internal combustion engine, which means it does not produce emissions. How do I know if an EV is right for me? There are several ways to determine if it...
As the EV market grows, there will be many used EVs available. If you are ready to plug into an EV, be sure to know about the battery health. The battery is the most expensive part of an EV and it can degrade over time and with usage. (Just like cell phones). The health...
As the EV market expands, innovative solutions are emerging to address charging concerns and improve convenience for EV owners. One such solution is battery swapping, a technology and service that lets you exchange your depleted EV batteries with fully charged ones at specialized battery swapping stations. BaaS (Battery-as-a-Service) is a way of owning an EV...
The Biden Administration signed changes for new EV Tax Credits in order to encourage North American production. So, under the new Inflation Reduction Act, qualifications for this new $7,500 Clean Vehicle Credit contain very important stipulations. Coming in the next months and years expect changes such as: * Personal Income Cap: $150,000 for a single...