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J.D. Power: EV price pressure grows as government incentives and lease deals wield outsized influence on consumer demand

Green Car Congress

Power EV Index ( earlier post ), a new, advanced analytics tool that tracks the progress to parity of EVs with internal combustion engine (ICE) vehicles in the United States, this steady decline in price mixed with surging availability is setting the stage for a new era of EV price wars. According to the J.D. in January.

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Motiv Power Systems introduces new medium-duty electric truck Argo

Green Car Congress

In California for example, the Advanced Clean Fleet Rule is set to go into effect on January 1, 2024, and the state needs roughly 20,000 new zero emission medium-duty EVs on the road by the end of 2024. Argo vehicles will be manufactured in the US and are eligible for the IRA tax credit and as well as select incentives programs.

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Most Electric-Car Tax Credits Benefit Highest-Income Households

Green Car Reports

When it comes to encouraging electric-car adoption, tax credits and other financial incentives are an important tool. They can help erase the typical price premium of electric cars over comparable internal-combustion models.

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Major deposits of rare earth elements reported at Ramaco’s Brook Mine in Wyoming

Green Car Congress

In association with researchers from the Department of Energy’s National Energy Technology Laboratory (NETL) and analysts at mining consultancy Weir International, metallurgical coal producer Ramaco Resources released an independent Exploration Target report with technical assessment of rare earth elements (REE) found at its Brook Mine in Wyoming.

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Aemetis, American Airlines sign $1.1B 280M gallon offtake agreement for sustainable aviation fuel blend

Green Car Congress

billion, including LCFS, RFS, 45Q and tax credits. The blended Sustainable Aviation Fuel to be delivered under this agreement is 40% SAF and 60% Petroleum Jet A to meet international blending standards. The aggregate value of the agreement is estimated to be more than $1.1 Earlier post.)

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Colorado approves goal to make 82% of car sales electric by 2032

Teslarati

Notably, the release says that the standard does not prohibit the sale or use of non-electric vehicles with internal combustion engines (ICEs). While the Colorado standard falls short of requiring 100 percent of new car sales to be electric by 2035, as adopted in California , Maryland and a number of other U.S.

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Honda may build an EV factory in Canada featuring in-house battery cells

Teslarati

It’s also expected to help the automaker gain access to EV tax credits in the U.S. Canada has enacted a plan to ban the sale of new internal combustion engine (ICE) vehicles by 2035 , dubbed the Electric Vehicle Availability Standard, and following in the footsteps of the European Union (EU) and U.S.

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