article thumbnail

Next 10 report says widespread EV adoption in California could deliver significant economic benefits to the state by 2030 and 2050

Green Car Congress

million, according to the Federal Reserve Bank of St. Louis (FRED)). Study authors calculated an estimated increase of 394,000 new jobs in 2030 under the relatively more conservative scenario (LTES)—and more than half a million new jobs under the scenarios that account for declining costs and increasing availability of PEVs.

article thumbnail

US DOE announces 3 consortia for $125M US-India Joint Clean Energy Research and Development Center; solar, second-generation biofuels and buildings

Green Car Congress

As part of a planned five-year initiative, the Energy Department will make $5 million available in fiscal year 2012. The Department plans to make additional requests to Congress for up to $20 million over the next four years, subject to available appropriations, that will be used to support work conducted by US institutions and individuals.

India 240
article thumbnail

Charging Station Reliability is Crucial as EVs Gain Speed

EV Connect

According to a 2019 Autolist survey, three of the top four reasons for hesitation related to reliability issues and EV charging infrastructure are: how long a vehicle can go without a recharge (range anxiety), lack of charging station availability and the time it takes to recharge. The price for electric vehicles is the other major factor.

article thumbnail

Your Guide to Electric-Vehicle Charging-Station Tax Credits

EV Connect

Tax credits for installing EV charging stations are available in a variety of forms, and many of them apply toward the cost of equipment and installation. Some type of incentive program is available in 44 states and Washington, D.C. , Luke Daugherty is a freelance writer, editor and former operations manager based in St.

article thumbnail

Yes, Automakers Stand To Benefit From Installing Public EV Charging Stations

EV Connect

will need as many as 235,000 fast EV chargers to meet demand — up from about 47,000 chargers that are available today. The more that open networks are available, the lower the barrier to entry is for consumers who are on the fence about going electric. Looking at it another way, a recent PWC study forecasted that the U.S.

article thumbnail

Who Pays for EV Charging Stations?

EV Connect

Even if that program isn’t extended, however, there are a number of state and local tax credits and grants available that can substantially reduce your project costs. Luke Daugherty is a freelance writer, editor and former operations manager based in St. References: [link] [link] [link] [link] [link]

article thumbnail

3 Surprising Marketing Benefits of Electric Car Charging Stations

EV Connect

Not only that, but sentiments about charging availability among current EV owners are mixed. Advertise It Loudly Around Your Building It should be obvious to anyone who comes to your building that you have charging stations available for them. Luke Daugherty is a freelance writer, editor and former operations manager based in St.