Redwood Materials, a Nevada-based battery recycling startup, has secured a $2 billion conditional loan commitment from the Department of Energy to ramp up its production of electric vehicle (EV) battery components. The loan, announced Feb. 9 in a blog posted on the Energy Department website, will go toward the construction and expansion of a McCarran,…
Department of Energy Announces $2 Billion Loan to Electric Vehicle Battery Component Maker
February 10, 2023
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Canada’s Electric Car Mandate to Increase Grid Demand 23%, Ratepayer Costs Unknown, Says Government
To power electric vehicle charging stations in the coming decades, Canada’s power grid will have to expand by 23 percent—and it’s uncertain how much that will cost ratepayers, according to Natural Resources Canada (NRCan). The government announced in December that all new vehicle sales must be zero-emission by 2035. Conservative MP Warren Steinley asked NRCan to…
Electric Vehicles Pumped up by More Durable Solid-State Batteries
February 6, 2023
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A recently developed material that can increase the durability of the positive electrodes within solid-state batteries, an alternative battery to lithium-ion, can potentially boost electric vehicles (EVs). While some car companies predict that plug-in hybrids will maintain their popularity in the short term, electric cars are considered the world’s leading candidate in the switch from conventional gasoline-run…
California Firefighters Use 6,000 Gallons of Water to Put Out Tesla Fire on Highway 50
January 29, 2023
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A Tesla Model S burst into flames on Saturday afternoon in California while driving on Highway 50, causing two eastbound lanes to close, officials said. The electric vehicle was traveling at “freeway speeds” when its battery compartment “spontaneously” caught fire, the Sacramento Metropolitan Fire District said on Twitter. The incident happened around 3:41 p.m. Firefighters…
Fuel Costs of Electric Vehicles Overtake Gas-Powered Cars: Study
January 28, 2023
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The cost to fuel electric vehicles in the United States is higher than gas-powered cars for the first time in 18 months, a consulting company said. “In Q4 2022, typical mid-priced ICE (Internal Combustion Engine) car drivers paid about $11.29 to fuel their vehicles for 100 miles of driving. That cost was around $0.31 cheaper…
Do Chinese Donations Explain Biden’s Energy Policies?
January 19, 2023
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Commentary With reports that classified documents were found at the Penn Biden Center for Diplomacy and Global Engagement at the University of Pennsylvania, questions arise about the potential connection between the university’s receipt of $54 million in Chinese donations and President Joe Biden’s promotion of energy policies that are strengthening China’s economy at the expense…
Wyoming Lawmakers Propose Bill to Phase Out EVs by 2035
January 16, 2023
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A group of six Republican lawmakers in Wyoming are proposing to phase out the sale of new electric vehicles in the state by 2035 to protect its oil and gas industries and preserve critical resources. In their bill, introduced to the state legislature on Friday, the Republicans said that oil and gas production has “long…
Automaker Giant Stellantis Signs $30 Million Agreement With Australian Manganese Manufacturer
January 11, 2023
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One of the world’s leading automakers, Stellantis, has announced a binding $30 million offtake agreement with the Western Australian manganese manufacturer, Element 25, on Jan. 9, 2023. The agreement secures for the company 45 kilotons (around four Eiffel Towers) of battery grade, high purity, manganese sulphate monohydrate (HPMSM) from Element 25 to Stellantis over five years,…
Federal Electric Vehicle Rebate Program Went $459 Million Over Budget: Internal Audit
A federal program introduced in 2019 to offer Canadian electric vehicle buyers a rebate of $5,000 went over budget by $459 million, according to an internal audit by Transport Canada. “Despite the pandemic, the uptake of the iZEV Program was higher than expected and funding was an ongoing concern,” reads the audit, published Nov. 30,…
Proposed Electric Vehicle Mandate Will Cost at Least $99 Billion: Environment Canada
A recently proposed federal mandate that would require all vehicles sold in Canada to be electric by the year 2035 will cost at least $99 billion, according to new government figures. “The proposed amendments are expected to lead to a loss of consumer choice as the non-zero emission vehicles which are preferred by some will…
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