article thumbnail

How Automotive Dealerships Can Save Money with Battery Energy Storage

Blink Charging

Automotive dealerships must prioritize upgrading their electric infrastructure to support the anticipated increase in electric vehicle (EV) sales, projected to reach 2.5 Discover key insights into incorporating battery storage for your dealership’s sustainable energy storage. What are battery energy storage systems?

article thumbnail

Ford Wants U.S. Government To Be Lenient With EV Tax Credit Requirements

CleanTechnica EVs

to be a bit loose in determining whether EVs comply with new EV tax credit requirements. By mining rare-earth minerals, we are then able to obtain the rare-earth elements needed for renewable energy, mobile devices, and […]. Ford wants the U.S. Read on for what’s going on here.

article thumbnail

Domestic Halloysite To Help Automakers With US Electric Vehicle Tax Credit

CleanTechnica EVs

Electric vehicle makers in the US may struggle to qualify their customers for a federal tax credit under new rules set by the Inflation Reduction Act. Topping the list is a supply chain makeover focusing on domestic sources.

article thumbnail

Tesla To Reap $1.8 Billion From IRA Incentives, All Model 3 Cars Eligible For Full Tax Credit

CleanTechnica EVs

billion in Inflation Reduction Act production tax credits this year. That will put the two companies far ahead of the estimated $480 million that General Motors and LG Energy Solution are expected to receive. Benchmark Mineral Intelligence is reporting that Tesla and Panasonic are expected to receive about $1.8

article thumbnail

DOE awards $98M in tax credits to automakers and suppliers for clean technology manufacturing

Green Car Congress

The US Department of Energy (DOE) announced $150 million in clean energy tax credits to 12 businesses to build US capabilities in clean energy manufacturing; $98 million of that goes to five automakers and suppliers towards investments in domestic manufacturing equipment. Funded at $2.3 Funded at $2.3 Description.

article thumbnail

Home Solar+Storage Will Get A Boost From The Recent Climate Bill, Claims Bloomberg

CleanTechnica EVs

When it comes to the recently passed law, EV tax credits have gotten much of the attention, largely due to controversies in how they’re structured. A recent article at Bloomberg points out some of the big advantages of the recent Inflation Reduction Act for people considering home solar.

article thumbnail

What is Behind the Meter (BTM)?

Setec Powerr

What are the application scenarios for behind-the-meter By end use, behind-the-meter (BTM) battery energy storage can be briefly classified as residential, commercial and industrial (C&I). These scenarios are becoming increasingly common, such as solar and battery storage systems integrated with electric vehicle charging.