Toyota is committing an additional $8 billion to its battery manufacturing facility in North Carolina, marking the largest investment by a foreign automaker in the United States since the passage of the Inflation Reduction Act (IRA) in 2022.

The US climate law, the Inflation Reduction Act (IRA), which passed one year ago, has accelerated the adoption of clean energy technology in the country.

During a visit to South Carolina, President Biden emphasized the need to bring critical manufacturing processes, such as semiconductor production and battery supply chains, back to the United States to compete with China.

Enphase, a leading solar microinverter company, has commenced production of its IQ8 microinverter at a factory in West Columbia, South Carolina.

The Biden administration's Inflation Reduction Act (IRA), aimed at promoting clean energy technologies and bolstering the US clean energy industry, has had a significant impact on the lithium-ion battery (LiB) value chain for electric vehicles and energy storage.

Nearly 10,000 Ford E-Transit vans and 14,000 charging stations have been ordered by the US Postal Service as part of its environmental plan.

Edmunds has compiled a list of the most affordable electric vehicles on the market this year, starting at under $40,000.

The U.S. government has adjusted rules for EV tax credits, allowing for versions of the small SUVs to be eligible.

But do you actually remember what’s in it?

The Inflation Reduction Act was signed into law by President Joe Biden back in August, and the US Postal Service is looking to benefit.

No, not literally - but the US Department of Transportation has bestowed a $273.9 million grant through its new Rural Surface Transportation Grant program.

Otherwise known as the IRA, the legislation is essentially the United States’s $370 billion climate plan, offering huge subsidies and consumer tax breaks for North American automakers.

With the expectation of capturing approximately 11% of new vehicle sales in the country, Hyundai is having a breakout year.