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Used Electric Vehicles – Affordable and Available

Plug N Drive

I have pretty exciting news for everyone who thought they couldn’t afford an EV… Yes, you can! When we surveyed 1,000 gas car owners in the Greater-Toronto and Hamilton Area last year, we learned that cost is the number one barrier to purchasing an EV. Written by Cara Clairman, President and CEO, Plug’n Drive.

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ADB draft report says 3B Asians could become affluent by 2050; significant challenges

Green Car Congress

On a purchasing power parity basis, GDP per capita in Asia would rise to $38,600, compared with the projected 2050 global average of $36,600. On a purchasing power parity basis, GDP per capita would rise to only $20,300, or just over half of that under the Asian Century scenario.

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Axion supplying PbC batteries to Norfolk Southern for all-battery switcher and working on line-haul hybrid locomotives; micro-hybrid and stationary expansion

Green Car Congress

Axion Power said this first $400,000 purchase order is part of a $475,000 total purchase order, that will be used in the commissioning of Norfolk Southern’s NS-999 ( earlier post ). Hay Railroad Engineering Seminar, UIUC). Earlier post.) To date, this is the largest single PbC battery order that Axion has received.

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Ride-sharer Grab to invest $700M in “Grab 4 Indonesia” 2020 master plan

Green Car Congress

Following its 2016 expansion to several new cities, Grab now brings the convenience and affordability of its multi-modal services to more cities in Indonesia than any of its competitors, including Jakarta, Bali, Bandung, Padang, Makassar, Medan, Surabaya and Yogyakarta. Expand access to mobile payments and financing opportunities.

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Progress! IRA signed into law

Electric Auto Association

EV provisions The legislation creates a new and used EV tax credit, extending the tax credit on some new EVs to 2032 while shifting tax incentives to more affordable models that are manufactured in North America. or $150,000 for individuals filing jointly, for the year of the purchase or prior year.