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Tesla Giga Mexico gets $153M incentive from Nuevo León

Teslarati

Nuevo León’s state economic development council approved Tesla Giga Mexico’s incentives, which include the buildout of basic infrastructure like roads and water treatment. The incentives also include a reduction in payroll tax reaching 2,627 million pesos, equivalent to 3.37% of Tesla’s investment—not including its employees.

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Converting Coal Power Plants to Nuclear Gains Steam

Cars That Think

Most nuclear plants around the world today are large light-water reactors, with capacities well over a gigawatt—quite a bit more than typical coal plants. Large reactors need consistent and prolific water sources to cool themselves, something not every old coal plant can provide. Either option will be an uphill battle.

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You can lease a Toyota bZ4X for next to nothing right now

Baua Electric

Toyota has been dipping its toe into the EV water, mostly focusing on hybrids rather than electric cars. The steepest deal is on last year’s 2023 bZ4X base “XLE” trim, which is available for just $129/mo with $1,999 due at signing, at least here in Southern California. We also saw a deal for $119/mo and $4k down in New York.

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3 Reasons an Electric Vehicle is the Perfect Present

EV Match

Car and Driver ‘s comparison did factor in the $7,500 federal tax credit, but it didn’t consider state, utility, and local credits and incentives. Since these vary by state, the best place to see credits and incentives available to you is PlugStar. Utilities across the rest of California and the U.S.

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Study finds carbon capture & storage could be financial opportunity for conventional ethanol plants

Green Car Congress

Proposed modifications to the California Low Carbon Fuel Standard and recent revisions to existing federal tax credits create a substantial near-term opportunity to permanently sequester biogenic CO 2. Earlier post.).

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Volvo To Go All Electric By 2030 – EV Week in Review: Feb 23-Mar 1

EV Adoption

This past week was certainly quite a whirlwind of EV news and developments from Volvo’s plans to end production of ICE vehicles by 2030, yet another proposal to reform the federal EV tax credit, chip shortages, Washington state’s plans to ban ICE vehicles by 2030, Lucid Air delay, Fisker to partner with Foxconn, and much, much more.

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Electric vehicles are inflation relief

Electric Auto Association

In addition, EVs have far lower maintenance costs and incentive programs via tax credits, meaning that they are even less expensive to own in the long run. This is because EVs have far lower maintenance costs than ICE cars. There’s no oil to change, no filters to replace, and no spark plugs or wires to worry about.

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