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TOP EV NEWS
US Vice President Kamala Harris reveals a plan to build 500,000 electric vehicle charging stations, aiming to make EVs accessible for everyone.
2021 was a huge year for the shift toward electric transportation. Expect 2022 to be even bigger, as demand grows, production kicks up, and more vehicles hit the market.
As more automakers announce electric transitions and EV companies join market, the demand for lithium is rising. However, the U.S. faces a supply problem as only 1% of global lithium is mined and processed locally.
New EV Announcements
Oregon is offering up to $7,500 in cash rebates for households that buy an EV and make between $51,000 and $251,000. Oregonians can apply for the rebates within six months of purchasing an EV.
EV Investments and Innovation
Egyptian President Abdel Fattah El-Sisi announced that the first Egyptian electric car will be produced next year. The first phase of Egypt’s EV transition will include 3,000 charging points in Cairo and Alexandria.