Electric Vehicles
Electric Vehicles: Developments in the EV market and related policies.
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Carvana reported that electric vehicles (EVs) and plug-in hybrid electric vehicles (PHEVs) constituted 9% of its total vehicle sales in Q2 2025, marking a significant increase.
The "One Big Beautiful Bill Act," signed July 4, 2025, significantly accelerates the phase-out of tax credits for solar and wind projects while extending eligibility for other clean energy technologies like storage and geothermal.
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Electric vehicle manufacturer Rivian has filed a lawsuit against Ohio, challenging a state law that prohibits direct-to-consumer sales for most automakers.
Electric vehicles and marine vessels require specific preparedness measures to mitigate flood risks during hurricane season, crucial for the clean energy sector.
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