The European Commission Investigates Whether to Impose Punitive Tariffs on Chinese EV Imports

1.) The European Commission investigates whether to impose punitive tariffs on Chinese EV imports to protect European Union car-makers.

2.) Auto-maker Stellantis to expand its battery manufacturing capacity – from announced level of 250 GWh to 400 GWh, while securing critical supplies of materials and chemicals over the long-term.

3.) California will fork out $38M in rebates to place EV chargers in low-income areas, with rebates covering either 50 percent of a project’s costs or up to $100,000.

4.) Chinese Battery firm Gotion announces $2 bn EV lithium battery manufacturing plant in Manteno, Illinois, w/planned capacity of 10 GWh of lithium-ion battery packs and 40 GWh of lithium-ion battery cells, beginning production in 2024.

5.) Long-duration iron flow battery company ESS Tech delivers first six long-duration energy storage systems - totaling 3 MWh - to California utility Sacramento Municipal Utility District.

6.) Chevron New Energies finalizes deal to buy 100% of Magnum Development’s majority interest in Advanced Clean Energy Storage JV between Mitsubishi Power Americas and Magnum Development. The project will use renewable energy and electrolyzers to create green hydrogen stored in massive solution-mined salt caverns.

7.) Shell to sell residential battery storage and virtual power plant company sonnen at an estimated valuation of between $1.45-1.93 billion. 

8.) Dominion Energy concludes sale of three natural gas distribution companies to Enbridge, and is exploring “de-risking” of its 2600 MW offshore wind project through the sale of a portion of the project to a “noncontrolling equity financing partner.”