This announcement comes after a long planning and approval process that began back in November 2021, when the Bipartisan Infrastructure Law was signed, designating $7.5 billion to buildout a national network of electric...more
The Inflation Reduction Act of 2022 (the “IRA”) and the Infrastructure Investment and Jobs Act of 2021 (the “IIJA”) set in motion an ongoing series of changes that are aimed at transforming, among other things, the automotive...more
7/12/2023
/ Automotive Industry ,
Batteries ,
Electric Vehicles ,
Grants ,
Inflation Reduction Act (IRA) ,
Infrastructure Investment and Jobs Act (IIJA) ,
Internal Revenue Code (IRC) ,
IRS ,
Manufacturers ,
Proposed Regulation ,
Proposed Rules ,
Supply Chain ,
Tax Credits
Effective as of March 30, 2023, the Federal Highway Administration (“FHWA”) within the U.S. Department of Transportation (“DOT”) announced the National Electric Vehicle Infrastructure Standards and Requirements final rule ...more
The Internal Revenue Service (IRS) recently released guidance regarding the changes to the Plug-In Electric Drive Vehicle Credit (EV Credit) under Section 30D of the Internal Revenue Code (Code), which was most recently...more
After expiring at the end of 2021, the Internal Revenue Code Section 30C tax credit for electric vehicle charging stations is back. Technically referred to as the “Alternative Fuel Vehicle Refueling Property Credit,” the...more
On June 9, the Federal Highway Administration (“FHWA”) within the U.S. Department of Transportation (“DOT”) announced a Notice of Proposed Rulemaking (“NPRM”) to establish a set of minimum standards and requirements for...more
On May 6, 2022, the U.S. Department of Energy (“DOE”) issued a Notice of Intent and Request for Information (“Notice”) regarding establishment of a Transmission Facilitation Program (“TFP”) to support the construction of...more
On May 2, 2022, The U.S. Department of Energy (“DOE) issued through its Office of Manufacturing and Energy Supply Chains (“MESC”) and Office of Energy Efficiency and Renewable Energy (“EERE”) Funding Opportunity Announcement...more
On April 21, 2022, the Federal Energy Regulatory Commission (“FERC”) approved a draft proposed rule (the “Proposed Rule”) regarding transmission planning and transmission cost allocation. According to a FERC news release...more
The State of Wisconsin adopted a suite of amendments to its PACE statute (Wis. Stat. § 66.0627(8)) on March 14, 2022 through 2021 Wisconsin Act 175 (the “Act”).1 The Act was the only major clean energy bill that passed...more
In 2022, automotive suppliers face many of the same issues that have bedeviled the industry throughout 2021, as well as a host of all-new challenges. Unfortunately, as with many aspects of pre-pandemic life, the relative...more
3/17/2022
/ Automotive Industry ,
Biden Administration ,
Coronavirus/COVID-19 ,
Corruption ,
Department of Justice (DOJ) ,
Department of Transportation (DOT) ,
Electric Vehicles ,
Federal Trade Commission (FTC) ,
Final Rules ,
Foreign Corrupt Practices Act (FCPA) ,
Hart-Scott-Rodino Act ,
IMMEX ,
Infrastructure Investment and Jobs Act (IIJA) ,
Mexico ,
Motor Vehicles ,
National Security ,
NHTSA ,
Notice of Proposed Rulemaking (NOPR) ,
OEM ,
Office of Foreign Assets Control (OFAC) ,
OMB ,
Supply Chain ,
Supply Shortages ,
U.S. Treasury ,
Vertical Mergers
As we highlighted in our December 29, 2021 and January 19, 2021 posts, on November 15, 2021, the Bipartisan Infrastructure Law (BIL) was passed, enacted as the Infrastructure Investment and Jobs Act (IIJA) (Pub. L. 117-58),...more
In spite of the recent uncertainty over whether the Build Back Better Act will become law in any form resembling that passed by the House in Fall 2021, electric vehicle (“EV”) charging infrastructure may still be on the cusp...more
Property Assessed Clean Energy (“PACE”) has been maturing into a distinct asset class over the last decade. Foley has been involved in PACE since its early days, from highlighting the three early models program developers...more
3/30/2021
/ Dairy Farmers ,
Energy Efficiency ,
Federal Housing Administration (FHA) ,
Historic Preservation ,
Hospitals ,
Hotels ,
Manufacturing Facilities ,
Multi-Family Housing ,
PACE ,
Renewable Energy ,
Solar Energy ,
Special Assessments ,
Tax Credits ,
Tax Exemptions