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Proposed Changes to Federal EV Tax Credit – Part 2: End of the Manufacturer Sales Phaseout

EV Adoption

Arguably the biggest flaw in the Plug-In Electric Drive Vehicle Credit ( IRC 30D ) regulations is the triggering of a phaseout schedule of the tax credit when a manufacturer sells 200,000 total EVs (BEV and PHEV). Elimination of the Manufacturer 200,000 EVs Sold Phaseout Threshold.

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Honda CEO: Solid-state batteries may enable affordable small EV by 2030

Baua Electric

Honda built its original reputation around affordable small cars like its Civic. As Honda’s global CEO alluded this past week in a Q&A with Green Car Reports and various automotive and tech media at CES, it doesn’t see how the parallel pencils out quite yet. Otherwise it faces compromised range.

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GM in talks with CATL to license cheaper LFP EV battery tech and joint North American plant

Baua Electric

General Motors (GM) is reportedly in talks with battery giant CATL to license its cheaper LFP battery tech. GM looks to CATL for cheaper LFP battery tech According to a new report from CarNewsChina , GM is in talks with CATL to license its LFP battery tech. Ford reached an agreement with CATL to license its LFP battery tech.

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How EV adoption is soaring in unlikely circumstances, and what could make it better

Teslarati

The adoption of electric vehicles has continued to skyrocket over the past several years despite challenging supply chain conditions, less-than-ideal geopolitical scenarios, lingering effects of the COVID-19 pandemic, and the soaring cost of EV materials. Price Parity and the EV Tax Credit. Superior EV tech is keeping the U.S.

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J.D. Power, SurveyMonkey find automakers not making progress in persuading consumers to want electric or self-driving vehicles

Green Car Congress

Consumers are most worried about tech failures/errors (71%). Challenges for acceptance: Industry experts say that consumer affordability and trust remain the top challenges for battery-electric vehicle acceptance. Half of respondents also believe the cost of charging compared with the cost of gas will be advantageous.

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5 Best Electric Car Insurance Tips for Millennials

Clean Fleet Report

The national average for electric car insurance cost is $2,280 per year. The high cost of electric car insurance can be attributed that the fact that an electric car is often more expensive than its gas-powered counterpart. Improving your credit score is beneficial beyond electric car insurance. Explore Discounts.

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Market Update: How Battery Pack Costs Declined Since 2008

Blink Charging

Electric vehicles, renewable energy systems, and grid energy storage all rely on efficient and affordable energy storage solutions, primarily lithium-ion batteries. The US Department of Energy’s Vehicle Technologies Office reported a remarkable 89% decrease in the cost of electric vehicle lithium-ion battery packs between 2008 and 2022.

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