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10 Reasons Your Next Car Should Be an EV

Plug in America

EVs are Better for the Environment Over the course of their lifetimes , EVs generate less than half of the GHG emissions of comparable gasoline-powered vehicles. EVs Cost Less to Fuel Powering your ride with electricity costs about 60% less than buying gasoline. Many EV models are eligible for up to $7,500 in income tax credits.

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Governor George Pataki Calls for 40% Penetration of Electric Drive Vehicles in US by End of Decade

Green Car Congress

Incentivize auto manufacturers, for example, by exempting the profits resulting from the sale of the first 10 million vehicles that deliver more than 75 mpg from any corporate taxes. ” Pataki suggested converting the tax credit to a rebate, for three years or for five. Gasoline is too cheap.

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Volvo XC40 Recharge and Polestar 2: EV cousins offer different takes on “premium”

Charged EVs

It’s called the XC40 Recharge, and the earliest versions aren’t cheap, priced from about $55,000 including delivery. The XC40 Recharge has considerably more horsepower and torque than its gasoline-powered AWD counterpart: 300 kilowatts (402 hp) and 486 lb-ft versus 248 hp and 258 lb-ft. Until now, it’s had no plug-in option.

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Report from the REFF-Wall Street; Themes in Renewable Energy Finance

Green Car Congress

The stimulus package is designed to address the recession and in the short term people were anxiously awaiting two key components of the plan: clarification on the details behind “ grants in lieu of tax credits ” and awards of loan guarantees by the DOE from section 1705. Is tax equity dead? Cap and Trade Disappointment.

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Tesla’s Elon Musk talks EV charging infrastructure and billionaire taxes

Teslarati

Musk also shared some of his more direct thoughts about the US government’s upcoming EV incentives, which heavily favor union-built electric cars such as the Chevy Bolt EV, as well as the idea of billionaires and how they are taxed. . When we started Tesla, there were no EV subsidies at all, and gasoline was super cheap.

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Perspective: Drive Star Conversion Program Could Cut US Oil Use in Half by 2020

Green Car Congress

And oil only seems cheap. Pioneering companies now have designs to turn gasoline- and diesel-powered vehicles into all-electrics or plug-in hybrids, depending on how they’re built and the range their drivers need. Right now, buyers of new plug-in cars get up to $7,500 in tax credits. We already upgrade our computers.

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What Does It Take To Win The EV Race As A Country?

Get Electric Vehicle

If you come across a safe and reliable battery technology it can be used in the country’s space mission or you found a better alloy that is cheap to produce or lighter in weight and performs well under load it can be used in other sectors or even in the gasoline cars to increase efficiency and reduce carbon emission.

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