WASHINGTON—President Joe Biden has signed the much-anticipated Inflation Reduction Act, which promises to spur domestic investment in electric vehicle technology. The bipartisan legislation includes automotive manufacturing and consumer purchase incentives to expand vehicle electrification in the United States.

LANSING, MI—The Upper Peninsula of Michigan is has an abundance of scenic coastlines and a rich mining heritage. However, the UP also has a shortage of infrastructure for charging electric vehicles.

CHICAGO—Amazon has unveiled its new package delivery van produced by Rivian Automotive Inc. at its assembly plant in Normal, IL. The 23-foot-long electric vehicles are hitting the streets in Baltimore, Chicago, Dallas, Kansas City, San Diego, Seattle, St. Louis and other elsewhere.

GOTHENBURG, Sweden—To meet the growing demand for battery electric heavy-duty vehicles and machines, the Volvo Group has initiated the process to establish a large-scale battery assembly plant in Sweden.

TOPEKA, KS—Panasonic Energy Co. plans to build a $4 billion lithium-ion battery manufacturing plant at a potential site in De Soto, KS.

NEWARK, CA—Lucid Group Inc. has released the latest episode of its Tech Talks video series.

BENTONVILLE, AR—Walmart Inc. plans to purchase more than 4,000 electric delivery vans from Canoo.

DETROIT—If not properly managed, the transition from ICE to EV supply bases could cost automakers billions of dollars.

AUSTIN, TX—REE Automotive Ltd. will assemble EV components and subassemblies at in-house integration centers.

WARREN, MI—General Motors is investing $81 million to assemble the Cadillac Celestiq at its Global Technical Center here.