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March 24, 2025

Light-duty vehicles

ISO-NE
ISO-NE Scales Back Vehicle, Heating Electrification Forecasts
As part of a major overhaul of its annual load forecasting process, ISO-NE has significantly scaled back its electrification forecast for electric vehicles and heat pumps.
Shutterstock
NJ Pushes Ahead with EVs as Washington Pulls Back
With a goal of registering 330,000 EVs in the state by 2025, New Jersey has more than 215,000 EVs on the road. The state gained momentum in 2023, adding about 62,500 vehicles for a 68% year-over year jump in sales.
U.S. Department of Transportation
DOT Sec. Duffy Rescinds FHWA Memo on States’ Use of IIJA Funds
The rescinded memo specifically recognized states’ authority to “determine which of their projects shall be federally funded by federal-aid highway formula dollars.”
NYISO
Moody’s Forecasts Long-term Population Downturn in NY
NYISO presented its assumptions for the economic and electrification trends that would drive load growth through the 2040s based on Moody’s Analytics data, which show statewide population to “significantly” decline.
Shutterstock
Trump Will Need More than Executive Orders for US to Meet Rising Power Demand
President Trump's executive orders on energy are not enough on their own for the industry to meet the rising demand for AI and data centers, and experts say another attempt at permitting reform is needed.
C-SPAN
Trump to Declare ‘National Energy Emergency’ to Ramp up Oil, Gas Production
Minutes after he was sworn in as 47th president of the United States, Donald Trump signaled his intention to rapidly increase production of oil and gas.
CARB
Calif. Lagging on Hydrogen Fueling Station Target, CARB Finds
Rather than expanding its network of light-duty hydrogen-fueling stations, California lost three stations last year, casting doubt on the state’s ability to meet a 200-station goal, a new report found.
Shutterstock
FHWA Awards $635M for EV Chargers, Hydrogen Fueling Stations
The grants represent the second round of funding from the IIJA’s $2.5 billion Charging and Fueling Infrastructure program.
Shutterstock
Uncertainty Clouds NJ Clean Energy in 2025
New Jersey in 2025 faces the added uncertainty of a likely contentious governor’s race to replace clean energy champion Gov. Phil Murphy and his release of a new energy master plan.
BlueOval SK
LPO Finalizes Major Loans to Ford, Stellantis for EV Battery Plants
DOE’s Loan Programs Office announced billions of dollars in loans for two joint ventures of car and electronics manufacturers aimed at building out a domestic battery supply chain and accelerate the rollout of new electric vehicles.

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