IRS Guidance On Electric Drive Incentives Will Provide Clarity For The Stakeholders Throughout The Value Chain

Credit to Author: Press Release| Date: Sat, 04 May 2024 00:18:29 +0000

WASHINGTON — Following the IRS release of guidance on Section 30D and 25E incentives, Electric Drive Transportation Association (EDTA) President Genevieve Cullen said, “The Electric Drive Transportation Association (EDTA) shares the Administration’s vision for an electrified fleet, and our members are working to expand manufacturing capacity and strengthen the supply … [continued]

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Five things you need to know about Labour Market Impact Assessments

Credit to Author: Vimal Sivakumar| Date: Tue, 07 May 2024 13:00:59 +0000

Some foreign workers in Canada require a Labour Market Impact Assessment (LMIA) to work in Canada, while others are LMIA-exempt. An LMIA is a document that some employers in Canada need before hiring a temporary foreign worker. This document must be obtained before the foreign national applies for their work permit. It verifies that a […]

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U.S. Department of the Treasury Releases Final Rules to Lower Consumer Costs, Continue U.S. Manufacturing Boom in Batteries & Clean Vehicles, Strengthen Energy Security

Credit to Author: Guest Contributor| Date: Fri, 03 May 2024 23:46:58 +0000

WASHINGTON — Today the U.S. Department of the Treasury and Internal Revenue Service (IRS) released final rules on the clean vehicle provisions of the Inflation Reduction Act (IRA) that are lowering costs for consumers, spurring a boom in U.S. manufacturing, and strengthening energy security by building resilient supply chains with … [continued]

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Met Gala 2024: Our 10 best-dressed celebrities


The Metropolitan Museum of Art’s Costume Institute benefit gala — popularly known as the Met Gala 2024 — witnessed the gathering of the industry’s brightest stars at the Metropolitan Museum of Art in New York on May 6 (morning of May 7, Philippine time) as they showcased their interpretation of the theme “Sleeping Beauties: Reawakening Fashion.” With this theme in mind, celebrities, influencers, and fashion personalities donned dramatic ballgowns with intricate patterns, archival pieces, and glamorous accessories to complement the dress code in homage to the dress code “The Garden of Time” based on the 1962 short story by J.G. […]…

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U.S. DOE Releases Final Interpretive Guidance on the Definition of Foreign Entity of Concern

Credit to Author: US Department of Energy| Date: Fri, 03 May 2024 23:38:45 +0000

Final Guidance Provides Clarity on Terms that Restrict FEOCs from Clean Vehicle Tax Credits and Support Growth of Domestic Battery Materials Processing and Manufacturing WASHINGTON, D.C. — Today, the U.S. Department of Energy (DOE) finalized its guidance interpreting the statutory definition of “foreign entity of concern” (FEOC) in Section 40207 of the Bipartisan … [continued]

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EVs Take 56.9% Share In Sweden — Volvo EX30 Is The Top BEV

Credit to Author: Dr. Maximilian Holland| Date: Fri, 03 May 2024 17:30:54 +0000

April saw plugin EVs take a 56.9% share in Sweden, up modestly YoY from 55.7%. The BEV share fell slightly YoY, while PHEV share climbed higher. Overall auto volume was 21,977 units, up some 7% YoY. The new Volvo EX30 was March’s bestselling BEV, its first time in the top … [continued]

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