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Market Update: How Battery Pack Costs Declined Since 2008

Blink Charging

Let’s look at the advancements in battery cost reduction, navigate through supply chain complexities, and explore the promising prospects ahead for the EV market. In 2008, the cost per kilowatt-hour (kWh) was $1,355, but by 2022, it had dropped to $153 per kWh.

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Fixing the Federal EV Tax Credit Flaws: Redesigning the Vehicle Credit Formula

EV Adoption

The Qualified Plug-In Electric Drive Motor Vehicles (IRC 30D) tax credit – commonly referred to as the “Federal EV tax credit” has a number of flaws, but one of the biggest is the poorly-designed formula that determines the amount of the tax credit available for each BEV and PHEV sold in the US. miles of EPA range per kWh.

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How crude-oil prices influence gasoline prices

Green Car Congress

The Energy Information Administration (EIA) estimates that in the United States from 2008 to 2017, crude oil represented only 61% of the retail price of gasoline. Refining costs and profits represented 12%, distribution and marketing costs 12%, and federal and state taxes 15%.

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Inflation Reduction Act: We Did It!

Plug in America

For more than a decade, Plug In America’s top policy priority has been to extend and expand the federal EV tax credits. The original EV tax credits were approved by George W. Bush back in 2008. In 2008, the Tesla Roadster was the only commercially available EV! Shifting them around takes time.

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Alcoa splitting into two companies; expecting 2.4x increase in automotive revenues to $1.8B in 2018

Green Car Congress

The separation is intended to qualify as a tax-free transaction to Alcoa shareholders for US federal income tax purposes. With proximity to owned refinery operations, its mining reserves will provide a consistent supply of low-cost bauxite. in 2008 to 20.9% in 2008 to 20.9%

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Study shows bamboo ethanol in China technically and economically feasible, cost-competitive with gasoline

Green Car Congress

per gallon US) subsidy and fuel excise and value-added tax exemptions, and ( b ) a prospective future scenario with no form of government support measures. million tons in 2008. gallon US) with tax exemption and a $0.16/liter An open access paper on their study is published in Biotechnology for Biofuels. Click to enlarge.

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Nippon Steel Set to Buy U.S. Steel, Union Dismayed

The Truth About Cars

The iconic American business supplies numerous industries, with the automotive sector being one of the largest. The plan created loads of incentives (tax credits, government subsidies, etc) for projects pertaining to “renewable energy.” Steel would have pushed it beyond that while also cornering the domestic iron supply.

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