Cleantech & EV’s

The Volvo Group announces that it has started working on having a large-scale battery factory in Sweden to support its expansion of electric trucks, electric buses, and electric construction equipment production. The Volvo Group is not to be confused with Volvo Cars, which has been owned by China’s Geely for over a decade now. The group is independent, and it produces trucks, buses, and…

Rivian (RIVN) commented on the new EV federal tax that is expected to be adopted, and the American automaker said that it is not happy to be left out of the new incentive. Last week, the US Senate came to an agreement on the reform of the federal tax credit for electric vehicles. It looks like it might finally happen after roughly two years of work, though it’s still pending a vote. The new…

General Motors has started offering Chevy Bolt EV owners a $6,000 refund as long as they promise not to sue over the battery fire recall fiasco of last year. In June, GM announced that the 2023 Chevy Bolt EV and EUV are getting a significant $6,000 price cut – this was surprising at a time when most automakers are raising the prices of electric vehicles. On the other hand, the Bolt EV and EUV…