Remove All-Electric Remove Cost Of Remove Low Cost Remove Purchase
article thumbnail

Lithium-ion battery recycler ABTC expands operations and capacity with newly purchased facility

Green Car Congress

This rapid growth in demand has been further amplified with the passage of the “Inflation Reduction Act” (IRA) in the Fall of 2022, which includes mechanisms to incentivize electric vehicle manufacturers and consumers to purchase electric vehicles (EVs) that source battery metals from domestic manufacturers.

article thumbnail

Volkswagen, Stellantis and Glencore backing ACG in $1B purchase of Brazilian nickel sulfide and copper mines

Green Car Congress

Volkswagen, Stellantis and Glencore are supporting the purchase of the Atlantic Nickel nickel sulfide and the Mineraçao Vale Verde copper mine in Brazil by ACG , a London-listed special purpose acquisition company (SPAC), for US$ 1 billion. Atlantic Nickel The resulting company will be named ACG Electric Metals.

Purchase 195
article thumbnail

Fisker opens reservations for Ocean SUV; cost starts as low as $379/month

Green Car Congress

opened reservations for the Ocean electric luxury SUV, arriving in 2022, through its website and native mobile app—available globally on the App Store and Google Play store. The all-electric SUV will come standard with a range target of approximately 250 to 300 miles, depending on driving conditions, enabled by an approx.

Fisker 269
article thumbnail

ARPA-E launches $45M funding for advanced batteries for electric vehicles; EVs4ALL

Green Car Congress

The US Department of Energy (DOE) announced up to $45 million in funding ( DE-FOA-0002760 ) to support the domestic development of advanced batteries for electric vehicles. This will decrease the amount of time drivers spend at charging stations to as low as five minutes, while ensuring increased costs savings during each charge.

article thumbnail

Factor in V2G Revenue When Planning Fleet Electrification

Driivz

Public and private fleet owners are under increasing environmental and government pressure to reduce carbon emissions by switching to electric vehicles (EVs). EVs of all classes offer fleet owners significant advantages over internal combustion engine (ICE) vehicles. All these costs must be factored into achieving TCO targets.

Fleet 96
article thumbnail

Maharashtra had largest fleet of e-2W, e-PV, e-bus in 2023: Report | Autocar Professional

Baua Electric

With election vehicle adoption gradually picking up in the country, Maharashtra had the largest fleet of electric two-wheelers, passenger vehicles and buses at the end of 2023, according to research by Bloomberg New Economy Forum. Karnataka followed, with the second-largest fleet of electric two-wheelers and cars.

Fleet 52
article thumbnail

EV Everywhere Blueprint outlines DOE technical and development goals for EVs for 2022

Green Car Congress

The US Department of Energy (DOE) released the EV Everywhere Grand Challenge Blueprint , which describes plug-in vehicle (PEV) technology and deployment barriers, and provides an outline for DOE’s technical and deployment goals for electric vehicles to 2022. Reducing the cost of electric drive systems from $30/kW to $8/kW.

Plug-in 247