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Ford CEO doubles down on affordable EVs after BYD, China’s EV bet is paying off

Baua Electric

Ford CEO Jim Farley wants the company to deliver affordable EVs like Henry Ford did with the Model T. Ford moves to affordable EVs Farley believes its next-gen EVs will “not only be profitable, but also affordable for most Americans.” However, the hard part is doing so profitably. You can watch the full interview below.

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Washington governor vetoes legislation mandating all-electric new LDV sales by 2030

Green Car Congress

Transportation is our state’s greatest source of carbon emissions and we cannot afford to link an important goal like getting to 100% zero-emission vehicles to a separate policy that will take time to design and implement.

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Chevrolet cuts price on Spark EV; with incentives and “bonus cash”, as low as $14,995

Green Car Congress

Depending on an individual’s tax situation, the Spark EV ( earlier post ) is eligible for federal tax credit up to $7,500. California and Maryland Spark EV owners may also qualify for a $2,500 California state rebate or $2,300 Maryland excise tax exemption.

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How Are EVs Part of Environmental Justice?

Clean Fleet Report

For starters, those with the least income are unlikely to be able to afford to purchase a new car, let alone a Tesla. One positive development is the federal government’s re-upping of its policy offering up to $7,500 in tax rebates to those who purchase a qualifying new EV. households (an estimated 8.3

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ABI Research sees annual EV sales at 2.36M units worldwide in 2020; importance of autonomous EVs in Internet of Things

Green Car Congress

Overall, EV sales have been disappointing so far due to a lack of choice and perceived personal benefits, high purchase prices, and most importantly, consumer anxiety about range, maximum speed, recharging times, and the lack of public charging infrastructure. —ABI VP and practice director, Dominique Bonte.

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How Much Does it Cost to Charge an Electric Car at a Public Charging Station?

EV Connect

We can’t expect the market to move en masse towards electric until the public recharging network matches the landscape for petrol-powered vehicles. Drivers get faster off-road charging speeds than Level 1 can supply, while businesses can capitalize on both tax credits and fresh revenue opportunities. Everyone wins.

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ACEA: data show EU market for electric cars highly fragmented; need for inclusive measures

Green Car Congress

Affordability is clearly a major barrier. Many of the new EU member states with a low ECV market share merely offer an exemption from the annual circulation tax for electric vehicles. The market share of ECVs is only significant in countries which offer extensive incentives. —Erik Jonnaert.

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