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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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Can Electric Vehicles Speed Up As The Economy Slows Down?

Wallbox

Furthermore, a BCG report from earlier this year even predicted EV sales to overtake internal combustion engine (ICE) car sales by 2030. 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.

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