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The government proposed new rules Friday that could make it harder for electric vehicles to qualify for a full $7,500 federal tax credit, complicating efforts to meet President Joe Biden's goal that half of new passenger vehicles sold in the U.S. run on electricity by 2030. Plans outlined by the departments of Treasury and Energy would limit EV buyers from claiming the full tax credit if they purchase cars containing battery materials from China and other countries that are considered hostile to the United States. The new rules, required under Biden’s signature climate law approv...

WASHINGTON (Reuters) -Two influential Democratic U.S. senators urged the Energy Department to take steps to boost U.S. battery manufacturing and next-generation battery research, citing China's dominance and export controls, according to a letter seen by Reuters. Senate Intelligence Committee Chair Mark Warner and Energy Committee Chair Joe Manchin cited experts saying that the United States is "ten to twenty years behind Asia in commercialization of battery technology," and noted that China acc

LG Energy Solution will produce battery components for exclusive use by Toyota, the automaker announced Wednesday.

The new 'stacking technology' makes better use of physical space per cell, leading to increased capacity.

Semafor speaks to White House deputy director of the National Economic Council Joelle Gamble on the Biden administration’s strategy for rooting supply chains out of China.