President Biden’s 2022 climate act spurred big investments in U.S. battery factories, but it has not similarly boosted E.V. sales.
Category: Tax Credits, Deductions and Exemptions
Automakers Delay Electric Vehicle Spending as Demand Slows
Growth is brisk but slower than expected, causing automakers to question their multibillion-dollar investments in new factories and raising doubts about the effectiveness of federal incentives.
U.S. National Debt Tops $33 Trillion for First Time
The fiscal milestone comes as Congress is facing a new spending fight with a government shutdown looming.
Electric Cars Are Taking Off, but When Will Battery Recycling Follow?
Many companies and investors are eager to recycle batteries but it could take a decade or more before enough used lithium-ion batteries become available.