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Cash for Volts?

Revenge of the Electric Car

A coalition of car makers, battery suppliers and electricity providers has come together to ask for federal help for EVs. “A coalition of auto makers, battery manufacturers, utility operators and shipping companies wants the U.S. WASHINGTON -(Dow Jones)- Move over, cash for clunkers. by Judith Burns for Dow Jones.

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Perspective: Drive Star Conversion Program Could Cut US Oil Use in Half by 2020

Green Car Congress

As batteries get cheaper and smaller, and motors get light enough to fit inside wheels, we’ll be able to upgrade smaller cars. Retrofitters can partner with energy service companies to finance those costs, backed by federal loan guarantees. The US can lead in a new, profitable, global business opportunity.

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Labour's £5,000 sweetener to launch electric car revolution | Environment | The Guardian

Tony Karrer Delicious EVdriven

The cash incentive for consumers would be available to offset the higher upfront costs of electric cars , in particular the price of the batteries in modern vehicles. The government also wants to find ways to support the ongoing costs of electric cars. "We Its that part that could incentivise consumers to buy an electric vehicle."

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US VP Biden outlines 3-part plan to have 1M advanced technology vehicles on US roads by 2015

Green Car Congress

The President is proposing to transform the existing $7,500 tax credit for electric vehicles into a rebate that will be available to all consumers immediately at the point of sale, similar to “Cash for Clunkers”. Supported by Recovery Act investments, battery costs are projected to drop by 50% by 2013 or 2015.

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Can Electric Vehicles Speed Up As The Economy Slows Down?

Wallbox

Finally, EV prices have been steadily decreasing over the past few years, but they may not be falling as quickly as once predicted, as the decline in EV battery costs is set to slow its pace. last month, but battery electric vehicle sales decreased by only 58.1%. As the automotive market takes a dive, EVs show strength.

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