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Rivian CEO suggests leasing is coming soon, unlocking $7,500 EV tax credit

Electrek

You may soon be able to lease a Rivian electric vehicle. Rivian’s CEO, RJ Scaringe, spoke about leasing and how it could unlock more price incentives for customers at Morgan Stanley’s 11th annual Laguna Conference. more… The post Rivian CEO suggests leasing is coming soon, unlocking $7,500 EV tax credit appeared first on Electrek.

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BMW CEO urging tax subsidies for electric vehicles in Germany to bolster sales

Green Car Congress

BMW CEO Norbert Reithofer is calling for tax subsidies in Germany to help meet the federal government’s target of having 1 million electric cars on the road in eight years. But last year, we sold just 2,000, including 100 at retail,” Reithofer said on Thursday at the “Handelsblatt” annual conference in Munich.

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Your Guide to Electric-Vehicle Charging-Station Tax Credits

EV Connect

Installing electric-vehicle (EV) charging stations on your property can benefit your business in many ways — from attracting customers to luring top talent. And thanks to a variety of tax credits and incentive programs, the barrier to entry may be lower than you think. They include incentives for installing EV charging stations.

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Analysis finds annual running cost of EVs less than ICE; but with purchase price factored in, it flips

Green Car Congress

Self Financial, a fintech company, has compared the running costs of electric and non-electric vehicles in each state. Across the US the average annual cost of running an electric vehicle is $2,721.96, while gasoline vehicles cost an average of $3,355.90 per year to run—a difference of $633.94

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U Chicago, MIT study suggests ongoing use of fossil fuels absent new carbon taxes

Green Car Congress

A paper by a team from the University of Chicago and MIT suggests that technology-driven cost reductions in fossil fuels will lead to the continued use of fossil fuels—oil, gas, and coal—unless governments pass new taxes on carbon emissions. We need both a policy like a carbon tax and to put more R&D money into renewables.

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Ford CEO predicts ‘pace of EV adoption will be slower than expected’ in the near term

Teslarati

Ford CEO Jim Farley predicted that electric vehicle (EV) adoption will be slower than expected, at least in the near term. Ford recently released its second-quarter results, revealing a substantial loss in its electric vehicle division. billion before interest and taxes on its electric vehicle business during the second quarter.

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BMW previews future electric SUV with faster charging, more range

Baua Electric

The BMW Vision Neue Klasse X is an electric SUV that forecasts a model due to start production in Debrecen, Hungary, in 2025. “This lowers electricity costs and helps stabilize networks.” federal tax credits.

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