Remove Affordable Remove Battery Remove Fuel Remove Tax
article thumbnail

With gas phase-out in view, Europe could lose $160 billion in fuel taxes

Teslarati

With Europe’s gas phase-out plans now within view, the countries there could be set to lose significant funding from fuel taxes in the coming years. Still, the change could have some latent effects, especially as most countries get crucial revenue from taxes on gas. What about in other countries?

Fuel Tax 103
article thumbnail

SAFE Report: electricity shortfalls impede IRA’s materials production goals

Green Car Congress

However, the series of bills do not address the main obstacle to producing primary aluminum: access to ample supplies of affordable energy, the report says. DPA supports the domestic production of strategic materials, including aluminum, used in large-capacity batteries used in EVs and military systems.

article thumbnail

Transportation’s Future Is Hybrid – in More Ways Than One

Green Car Congress

HEVs Are Vital to Electrification Efforts I want to start by noting that EVs are a marvel of engineering, resulting from decades of improvements in battery, motor, and control technology. And despite increasing economies of scale, the price of batteries actually increased in 2022 by seven percent. This is, in a word, expensive.

Future 345
article thumbnail

Ford introduces F-150 Lightning Pro electric pickup targeted at commercial customers

Green Car Congress

With a starting MSRP of $39,974 before tax incentives, the always-on 4x4 F-150 Lightning Pro with the standard range battery targets an EPA-estimated 230-mile range and includes a complimentary 32-amp Ford Mobile Charger, making the transition affordable for small and medium-size businesses. Available 9.6-kilowatt

F-150 418
article thumbnail

The redesigned federal EV tax credit and other EV-related measures

Charged EVs

The recent passage of the Inflation Reduction Act—a sweeping package of tax, health care and climate measures—was like the happy ending to one of those heartwarming “Save Christmas” stories. The revamped tax credit scheme is clearly a great improvement over its predecessor. Unpacking the Inflation Reduction Act.

article thumbnail

Here’s every electric vehicle that currently qualifies for the US federal tax credit in 2024

Baua Electric

As sales of electric vehicles continue to grow in 2024, many new and prospective customers have questions about qualifying for a federal tax credit on electric vehicles. Luckily, we have compiled everything you need to know about tax credits for your new or current electric vehicle into one place. How much is the federal tax credit?

article thumbnail

Blazer EV pause, Mercedes EV updates, affordable EVs, clean hydrogen rules: The Week in Reverse

Baua Electric

We rounded up all the affordable EVs that are arriving in 2024 and 2025 , and if automakers hold to their word—or at least their hints—it’s going to get better for those who don’t have a luxury budget. China is expected to have nearly four times as many batteries to recycle in 2030 than in 2021. As we lead up to a winner on Jan.