EV Tax Credits, Tesla, Lucid, Rivian & VinFast: EV News Aug 18, 2022

This week, we have news on US EV Tax Credits, Tesla Superchargers, VinFast, Lucid, Rivian, and more.

Check out the full newsletter for the week, which includes more Electric Vehicle News, and also news about Autonomous Vehicles.

Bio: John is the COO at EPG, a company focused on helping electric and autonomous vehicle companies hire the best talent. In addition to these services, EPG puts out an informative weekly newsletter that is now named Mobility EVo. You can sign up for the newsletter here. 

The Battery Belt

With The Inflation Reduction Act, there are certainly some positives, such as incentivizing more production in the US. The new bill will encourage more EV and battery plants among the newly developed Battery Belt, a stretch of the country ranging from Michigan, Ohio, and Tennessee, down south to Georgia, Arkansas, Alabama, Texas, Arizona, and California. Many of the states will benefit from a giant economic boom from additional plants.

Open Network

Tesla wants to expand Tesla Supercharger membership to non-Tesla owners. Through this expansion, Tesla will add a new CCS adapter for other EV owners. Expect to see the new adapters on Superchargers by the end of 2022. If Tesla opens up membership, the company can access federal funds to add more EV stations throughout the country.

There will likely be two different packages offered. One will be a pay-as-you-go plan and the other will be a $.99/month plan that allows you to access the network at a lower price per kWh. Seems like a win-win. 

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