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DOT and DOE announce nearly $5B over 5 years for new national EV charging network; $615M in FY2022

Green Car Congress

The program will provide nearly $5 billion over five years to help states create a network of EV charging stations along designated Alternative Fuel Corridors, particularly along the Interstate Highway System. These corridors will be the backbone of the new national EV charging network. NEVI Formula Program. 11,738,801. 11,320,762.

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Electrify Your Fleet Faster With Incentives and Rebates

EV Connect

The plummeting costs of technology haven’t hurt either — Ceres reported that electric vehicle battery costs , alone, dropped by 80% from 2012 to 2020. The total amount depends on battery capacity, along with how many electric cars the particular EV manufacturer has sold. This credit covers 30% of the cost of the station up to $30,000.

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Inflation Reduction Act – How It Supercharges the Electric Vehicle Industry

EV Match

on a path to reducing emissions more than 40% below 2005 levels, per a Princeton University analysis of the measure’s impacts : expanded tax credits for EVs, batteries, solar panels and wind turbines. Honda announced just days ago that it has struck a deal with Korean battery giant LG Energy Solution to build a $4.4