article thumbnail

How EV Charging Boosts Your Workplace Benefits Package

Blink Charging

In Deloitte’s Global 2022 Gen Z and Millennial Survey , Gen Z (born 1995-2003) and Millennials (born 1983-1994) ranked climate change in their top concerns after the cost of living. EV drivers can save thousands of dollars on fuel and maintenance costs and now qualify for a $4000 used EV tax credit or a $7500 new EV tax credit.

article thumbnail

How EV Charging Boosts Your Workplace Benefits Package

Blink Charging

In Deloitte’s Global 2022 Gen Z and Millennial Survey , Gen Z (born 1995-2003) and Millennials (born 1983-1994) ranked climate change in their top concerns after the cost of living. EV drivers can save thousands of dollars on fuel and maintenance costs and now qualify for a $4000 used EV tax credit or a $7500 new EV tax credit.

article thumbnail

Report: Top Japan and S. Korea refiners to join forces

Green Car Congress

Japan’s neighbor makes an attractive export base, with low electricity costs, a weak currency, and a top effective corporate tax of 24%, compared with about 40% in Japan. The companies reportedly will form two joint ventures: In petrochemicals, the JX Holdings Inc. unit will form a 50-50 venture with SK Global Chemical Co.,

Japan 218
article thumbnail

EnerDel Partners with Mazda, Itochu, and Others for Smart Grid Integration Project in Japan

Green Car Congress

Once the batteries are cycled through their useful vehicular lifespan, the project will showcase their valuable afterlife in stationary grid applications, where operating parameters are much less taxing. Charles Gassenheimer, Chairman and CEO of EnerDel parent company Ener1, Inc. Earlier post.)

Mazda 218
article thumbnail

EnerDel, ITOCHU Announce Second Smart Grid Battery Storage Project

Green Car Congress

It is the second such venture between the two companies, following the announcement last month that they are teaming up with Mazda Motor Corporation on a similar system using vehicles converted to electric drive using a platform designed and built by EnerDel and its partner THINK, which will be stationed at a Family Mart convenience store.

Grid 218
article thumbnail

UK study concludes cumulative global sales of EVs could reach 30M units by 2050, or 1.5% of projected global car parc; decisive global action required

Green Car Congress

However, both these market drivers are essentially contingent on the willingness and ability of governments to use tax revenues to fund EV purchase incentives and associated infrastructure investments. Massive petroleum tax revenues need to be replaced if mobility goes electric.

Global 225
article thumbnail

KPMG study identifies 10 sustainability “megaforces” with accelerating impacts on business; imperative of sustainability changing the automotive business radically

Green Car Congress

The report calculated that if companies had to pay for the full environmental costs of their production, they would lose 41 cents for every US$1 in earnings on average. Companies may also find themselves under increasing pressure from customers to prove that their products are sustainable through the use of certification standards.