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New report showcases innovative finance tools to electrify truck, bus fleets; TCE Toolkit

Green Car Congress

Broader collaboration among key stakeholders and a new generation of finance solutions will be needed to electrify trucks and buses at scale by 2050, according to a report released today by Environmental Defense Fund (EDF), MJ Bradley and Vivid Economics. —“Financing the Transition”. —“Financing the Transition”.

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Park City Transit deploying six Proterra electric buses; battery-lease financing model

Green Car Congress

The Park City region deployment not only marks the first battery-electric transit fleet for Utah and the nationwide mountain resort industry, it also represents the first implementation of Proterra’s battery-lease financing model—i.e., buy the bus, lease the battery.

Financing 186
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UK accelerates end of sale of new gasoline and diesel cars to 2030, hybrids to 2035

Green Car Congress

582 million (US$773 million) in grants for those buying zero or ultra-low emission vehicles to make them cheaper to buy and incentivize more people to make the transition. To support the acceleration to electrification, the Prime Minister announced: £1.3 billion (US$1.7

Gasoline 304
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Failure to equalise VAT on public charging a missed opportunity

My Energi

Citing concerns surrounding ‘additional pressure on public finances’ and ‘limitations surrounding legal and fiscal considerations’, ministers also rejected calls to reinstate EV purchase grants – a scheme that proved vital in supporting the growth of the electric car market before its closure in June 2022.

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Government of Canada to buy Trans Mountain Pipeline System and Expansion Project for C$4.5B, resume planing and construction

Green Car Congress

—Bill Morneau, Minister of Finance. On 29 November 2016, the Government of Canada granted approval for the Trans Mountain Expansion Project. This is an investment in Canada’s future. Background. The Trans Mountain Expansion Project was originally proposed as a way to deliver more Canadian oil resources to international markets.

Canada 199
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The EV Tax Credit: Buy Now or Wait Until 2024?

EV Life

Why the Best Time to Buy May Be Now So, the question arises: do you wait to purchase your EV until after January 2024 to get your $7,500 rebate at the point of sale and risk the EV you want no longer qualifying? Finance your purchase with EV Life, and take advantage of every dollar available, right when you make your purchase.

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Lease Buyout Offers Loophole to EV Incentive Restrictions

EV Life

As we enter the age of the electric car, federal and state governments have created a variety of programs , rebates, and grants to incentivize drivers to make the switch to zero-emission vehicles. Once you’ve negotiated the terms of your lease to your liking and set up your account, you are now ready to buy out the lease and own your vehicle.