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Ford reportedly eliminates lease-to-buy option on electric vehicles

Teslarati

Ford informed dealers in a letter that it was discontinuing the end-of-lease purchase option for the E-Transit van, Mustang Mach-E, and F-150 Lightning. “The purchase of the BEV Lease is to aid in our goal of delivering carbon neutrality by 2050 by controlling the vehicle battery through its life, keeping it in the Ford network.”

Ford 98
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The EV Transition Explained: Reshaping Labor Markets

Cars That Think

An obvious example involves the making of millions of EV batteries. needs over 100 battery cell manufacturing locations by 2035” to meet the projected EV demand. Currently, 15 battery factories are in operation or will be within five years. Of course, more EV battery factories creates more demand for raw materials.

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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 and a third).

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Proposed Changes to the Federal EV Tax Credit Passed by the House of Representatives

EV Adoption

Passage by the Senate is far from a certainty and will require all 50 yes votes including from conservative-leaning Democrat Senator Joe Manchin of West Virginia to the Independent Senator Bernie Sanders of Vermont. Battery Size Minimum of 10 kWh. Effective Date: Jan 1, 2022.