The Korean battery giant LG Energy Solution supplies a lot of power to a lot of electric vehicles. But these days, the company’s North American president and chief strategy officer, Bob Lee, has steamships on his mind. “Pretend it’s 1875,” Lee told InsideEVs at the New York Auto Show last week. “Sailboats have been crossing the … Continue reading “'We Lose The Auto Industry': LG Energy Chief's Warning If America Backs Off EVs”
Written by Electric Vehicles Magazine
On his first day in office, Trump froze spending from the Inflation Reduction Act and 2021 infrastructure law, pausing the programs that have lent money to major automakers to build EV facilities and have backed the first new U.S. aluminum smelter in decades. Federal judges have ordered the administration to unfreeze those funds, though money … Continue reading “Chart: GOP districts to lose big if Trump halts clean energy factories”
Written by Electric Vehicles Magazine
Rendering: FREYR 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 … Continue reading “Republican districts lose billions as clean energy cancellations surge”