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Why Are Electric Cars Today So Huge?

CleanTechnica EVs

The UK has a long tradition of small cars, exemplified by the original Mini but including a gaggle of MGs, Triumphs, Humbers, Hillmans, Cortinas, Austins, and the like. Mostly they were small because raw materials were scarce after World War II, but also because Britain taxed cars based on horsepower.

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Tesla said to be mulling U.S. battery plant with supplier CATL

Teslarati

The IRA rules can qualify certain electric vehicles for either some or all of the $7,500 tax credit for purchasing a clean energy vehicle. It also operates the Gigafactory Texas plant in the state, just outside of Austin. One of the stipulations is that a portion of the battery pack be manufactured in the U.S.,

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Texas Bill SB 2718 Will Punish Tesla & EV Owners Unfairly In The Name Of “Fairness”

CleanTechnica EVs

Proposed Texas Senate Bill 1728 (SB 1728) will make Tesla and EV owners pay an additional $200 EV tax if passed. The claim is that EV owners need to “pay their fair share” and “make up for” fuel taxes they don’t pay that support the state’s road and transportation infrastructure.

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US DOE Awards $300 Million in Clean Cities Grants to Support Alternative Fuels, Vehicles, and Infrastructure Development

Green Car Congress

Geographical distribution of Clean Cities Recovery Act awards. The US Department of Energy (DOE) has selected 25 cost-share projects under the Clean Cities program that will be funded with nearly $300 million from the American Recovery and Reinvestment Act. Clean Energy Coalition’s CEC Michigan Green Fleets Initiative.

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Electric vehicles are inflation relief

Electric Auto Association

In addition, EVs have far lower maintenance costs and incentive programs via tax credits, meaning that they are even less expensive to own in the long run. Austin Energy (Austin, TX) DTE Energy (Detroit, MI) Duquesne Light Co. This is because EVs have far lower maintenance costs than ICE cars.

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How to Navigate EV Charging Rebates and Successfully Fund Your Home Charging Station

EV Match

Alternative Fuel Infrastructure Tax Credit. In 2005, the federal government created the Alternative Fuel Infrastructure tax credit for homeowners and business owners, which includes the installation of EV charging infrastructure per WattLogic. For simple installations, this tax credit will cover the entire cost of the project.

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Over 200,000 Pure Electric Vehicles to hit UK roads in 2021

Drive Electric

Financial incentives for battery electric vehicles will remain, including a rate of just 1% Benefit in Kind (BIK) company car tax from April 2021 for a period of 12 months. There is growing environmental awareness, about climate change and also about challenges with local air quality; EVs help to provide a solution in both areas.