• News aggregator on electric cars and electric vehicles (cars, motorcycles, boats, planes).

EV tax credit extension with $7,500 point-of-sale rebate, $4,000 for used EVs could pass Senate soon


Congress appears close to passing a long-awaited extension—and expansion—of the federal EV tax credit. Legislation containing the expanded tax credit is on the verge of being passed by the Senate, after a deal was struck between Majority Leader Chuck Schumer and Senator Joe Manchin, who has opposed most of his party’s agenda. If passed… More…

Next.e.GO announces merger with Athena Consumer Acquisition

Aachen-based electric car manufacturer Next.e.GO Mobile has agreed a business combination with the SPAC Athena Consumer Acquisition. The merged company is to be listed on the New York Stock Exchange. The company attaches to the transaction the expectation of gross proceeds of up to approximately US$285 million – consisting of up to approximately US$235 million […] More…

Quantumscape prototypes 24-layer solid-state cells

Volkswagen’s partner for solid-state batteries, Quantumscape, claims to make bold strides in its Q2 letter to shareholders. The company says it is now successfully building and testing prototype 24-layer cells – up from 16 layers just a few months ago. Solid-state battery development appears accelerating at Quantumscape that said, they were “building on this momentum”. […] More…