The U.S. Needs Minerals for Electric Cars. Everyone Else Wants Them Too.

The United States is entering an array of agreements to secure the critical minerals necessary for the energy transition, but it’s not clear which of the arrangements can succeed.

For decades, a group of the world’s biggest oil producers has held huge sway over the American economy and the popularity of U.S. presidents through its control of the global oil supply, with decisions by the Organization of the Petroleum Exporting Countries determining what U.S. consumers pay at the pump.

EPA rules turn up heat on automakers' EV goals

In contrast to President Joe Biden's nonbinding zero-emission vehicle goal, the EPA's aggressive new campaign would have the legal authority to force the automotive industry to make some tough decisions as it hastens its electrification strategies.

The agency last week unveiled its strictest-ever vehicle pollution standards for cars and light trucks for the 2027-32 model years, requiring 13 percent fleetwide average emissions reductions each year and a 56 percent reduction in average emission target levels from the 2026 model year.

Wyoming lawmakers push for electric-car ban and to limit sales by 2035

A group of Republican Wyoming lawmakers want to phase out the sale of electric vehicles in the Cowboy State by 2035, saying the move will help safeguard oil and gas industries.

The bill, introduced into the state legislature on Friday, claims electric vehicles will hinder Wyoming’s ability to trade with other states.

Electric Vehicles Could Match Gasoline Cars on Price This Year

More quickly than seemed possible a few months ago, sticker prices for electric vehicles are falling closer to the point where they could soon be on a par with gasoline cars.

Increased competition, government incentives and falling prices for lithium and other battery materials are making electric vehicles noticeably more affordable. The tipping point when electric vehicles become as cheap as or cheaper than cars with internal combustion engines could arrive this year for some mass market models and is already the case for some luxury vehicles.

2023 tax credits for electric vehicles will boost their appeal

Starting Jan. 1, many Americans will qualify for a tax credit of up to $7,500 for buying an electric vehicle. The credit, part of changes enacted in the Inflation Reduction Act, is designed to spur EV sales and reduce greenhouse emissions.

But a complex web of requirements, including where vehicles and batteries must be manufactured to qualify, is casting doubt on whether anyone can receive the full $7,500 credit next year.

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