business

TL/DR - The U.S. government has made changes to rules concerning electric vehicle (EV) tax credits, potentially making more EVs eligible for credits up to $7,500. The Treasury Department has finalized regulations for these credits under the 2022 Inflation Reduction Act, which give automakers more time to comply with provisions regarding where…

TL/DR - A pro-Palestinian protest encampment at UCLA was attacked by a group of individuals dressed in black and white masks, who used crude weapons and incendiaries. This information was provided to CNN by William Gude, who filmed the incident, and described the attackers as pro-Israel based on remarks made in the video. Gude also stated that…

TL/DR - The United States Department of Energy (DOE) has granted LS GreenLink USA, a subsidiary of LS Cable & System Ltd. (LS C&S), an investment tax credit of $99,060,000 under the Qualifying Advanced Energy Project Credit Program. LS GreenLink plans to use this funding to build a state-of-the-art manufacturing facility to produce…

TL/DR - Swiss solar-panel maker Meyer Burger Technology AG is set to move operations to the U.S. after shutting its factory in Germany, following a $220.5 million fundraising approved by shareholders. The company cites cheap Chinese competition and massive competitive disadvantages in Europe as reasons for the move. According to Bloomberg…