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Three Major Sources of Funding for EV Charging at Convenience Stores and Truck Stops

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In the ongoing transition to electric vehicles (EVs), convenience stores and truck stops will continue to be important places for public EV charging. Businesses like convenience stores and truck stops are poised to take advantage of the current increase of EVs by installing public EV charging infrastructure. times more than in 2018.

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Blink’s 2023 Year in Review

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We signed agreements to bring Level 2 charging to Arcos Dorados’s McDonalds franchises in Puerto Rico and to bring DC fast charging to Royal Farms convenience stores in the Mid-Atlantic. Like the tax credit for new EVs, the used EV tax credit included an AGI cap and must be sold by a licensed dealer.

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Proposed California Bill SB-233 Mandates Bidirectional Charging for EVs to Advance Grid and Climate Protection

Driivz

The bill, SB-233 , aims to advance grid resilience and protect the climate by using EVs as “batteries on wheels,” tapping their stored energy to balance electricity supply and demand rather than bringing high-polluting peak generators online. California, the EV adoption and clean energy leader in the U.S.,

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5 Ways Owning an EV Can Save You Money

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Of course, you still have to purchase the vehicle, but the federal government will give you a tax credit of up to $7,500 if you and the vehicle both qualify for it. Conventional gasoline vehicles only convert about 12%–30% of the energy stored in gasoline to power at the wheels.”

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Deep Dive into the Alternative Fuel Infrastructure Tax Credit in 2022 and 2023

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The Section 30C Alternative Fuel Vehicle Refueling Property Infrastructure tax credit expired at the end of 2021; however, with the passage of the Inflation Reduction Act of 2022, the program was renewed for another 10 years with a few caveats. Learn more about the EV tax credit. Use Form 8911 to claim your credit.

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The State of Medium- and Heavy-Duty Vehicle Electrification

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Electric school buses equipped with vehicle-to-grid (V2G) technology also have tremendous potential as “batteries on wheels” that can store electricity and provide it to the grid or to buildings when needed.

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How Federal and State Government Incentives Make It Easy to Become an EV Owner

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Federal Incentives for Purchasing an EV Among the federal government’s incentives for drivers, you can find tax breaks for both new and used EVs that are in place until the end of 2032. Beginning in 2024, the consumer clean vehicle tax credits can be available at the point of sale by transferring your credit to the dealership.