Ford to Increase Prices on F-150 Lightning Pickup Models for 2024

1.) Chinese EV automakers roll out first two compact EVs using sodium batteries.

2.) VW subsidiary PowerCo tests solid state battery cells from QuantumScape and confirm over 1,000 cycles, with 95% of capacity available at test’s conclusion.

3.) IRS publishes official list of EVs and PHEVs qualifying for 2024 tax credit, based upon domestic content, with number of eligible models falling from 43 to 19.

4.) Ford informs dealers it will raise prices on most versions of F-150 Lightning pickup by between $2,000 and 10,000 over the 2023 versions.

5.) GM expects new EVs - Chevy Equinox, GMC Sierra Denali, and Cadillac OPTIQ, to eventually qualify for full $7,500 tax incentive, and will offer the same tax credit for any that are temporarily ineligible.

6.) Federal Energy Regulatory Commission approves California Independent System Operator’s proposed regional day ahead market that expands the current Real-Time Energy Imbalance Market. Go-live planned for early 2026.

7.) Vestas nabs turbine orders for two U.S. wind projects totaling 302MW, using 4.0 and 4.5 MW turbines. Onshore turbines just keep getting larger.

8.) Offshore wind project Vineyard Wind delivers its first MW to the New England grid, with the first 5 MW of the 62-turbine 806 MW project arriving onshore on January 2.  Project is expected to be fully operational later this year.