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Forth and Mobility Development partner to launch national EV carsharing program; affordable model for underserved communities

Green Car Congress

Forth and Mobility Development Group are creating a national partnership to launch the Affordable Mobility Platform (AMP), which will establish electric vehicle (EV) carsharing based at affordable housing sites in at least five states over the next two years. —Creighton Randall, CEO of Mobility Development.

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Russia ponders using EV subsidies to boost the economy and surge local manufacturing

Teslarati

Russia’s Economy Ministry said earlier today that it has plans to utilize subsidy programs to boost the manufacturing and purchase of locally-built electric vehicles. Kolesnikov told Reuters that the government could cover 25% of the total purchase price of an electric vehicle, up to $8,570 or 625,000 roubles.

Russia 145
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Government of Canada investing nearly $15M in new EV chargers across the GTA

Green Car Congress

Since 2016, the Government of Canada has invested $1 billion to make EVs more affordable and chargers more accessible for Canadians and has approved funding to support the installation of more than 34,500 EV chargers to date. Budget 2022 delivered an additional $1.7

Canada 304
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New California program to make clean cars affordable for lower-income residents

Green Car Congress

The funding is from California Climate Investments, a statewide initiative that puts billions of Cap-and-Trade dollars to work reducing greenhouse gas emissions, strengthening the economy and improving public health and the environment—particularly in low-income and disadvantaged communities.

Clean 210
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Electric Vehicle Battery Replacement Cost in India: Examining Affordability and Long-Term Viability

Get Electric Vehicle

However, advancements in battery technology are continuously driving down costs, making EVs more affordable in the long run. #2. As more manufacturers enter the market and battery production scales up, economies of scale are achieved, resulting in cost efficiencies that are eventually passed on to the consumers. lakh to Rs 8.50

India 52
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Tesla partners with Origence for credit union-based financing program

Teslarati

Tesla owners will now have access to more competitive rates and extended financing terms, which will help lower the monthly payment of a vehicle as rates in today’s economy are higher than they have ever been. With FI Connect and Tesla coming together, EV buyers can receive affordable financing through credit unions.”

Financing 131
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LADWP joins HyDeal LA, targets green hydrogen at $1.50/kg by 2030

Green Car Congress

HyDeal LA is a collaboration of developers, green hydrogen off-takers, integrators, equipment manufacturers, investors, and advisors coalescing to overcome the biggest barrier to the green hydrogen economy—its high cost—by launching a commercial green hydrogen cluster at scale. kg before 2030. —cott Drury, SoCalGas CEO.

Hydrogen 321