America’s rapidly growing fleet of electric vehicles could become an unexpected source of electricity storage as the country races to meet growing demand for AI energy. That’s according to Redwood Materials, a startup founded by former Tesla CTO JB Straubel, which now recycles more than 70% of all batteries in North America. With millions of
California is launching a new incentive program for first-time electric vehicle buyers that gives a leg up to companies like Rivian and Lucid. Gov. Gavin Newsom on Monday signed a bill, SB 168, into law that will give first-time electric vehicle customers an instant incentive of $3,500 for a new vehicle and $1,750 for a